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7:25 AM ET, December 31, 2024

Mediagazer

 Top News: 
Max Tani / Semafor:
News media personalities including Andrew Ross Sorkin, David Remnick, Rachel Maddow, Mehdi Hasan, and Bari Weiss reflect on the things they got wrong in 2024  —  The News  —  The news media is wrong all the time — though not exactly as its loudest critics claim.
The Guardian:
Tortoise Media reports a pre-tax loss of £3.8M for 2023, down from previous year's loss of £4.6M, after reducing spending and cutting some staff  —  Company that has agreed to buy the Observer reports a pre-tax loss of £3.8m for 2023 after shedding some roles
Callum Parke / London Evening Standard:
UK High Court documents show hedge fund manager Crispin Odey is seeking at least £79M from the Financial Times in libel damages over sexual assault allegations  —  Mr Odey is suing the publication over allegations that he had sexually assaulted multiple women, which he denies
Discussion: The Independent and The Times
Etan Vlessing / The Hollywood Reporter:
Howl CEO Li Haslett Chen steps down from WBD board, opening the way for a high-profile addition to the board in 2025 amid plans to spin off TV assets  —  The tech exec's exit could open the way for a high-profile addition to the studio's board of directors in 2025 amid plans to possibly spin off its legacy TV assets.
Discussion: Deadline, The Wrap, Reuters and Variety
Dareh Gregorian / NBC News:
A federal appeals court upholds a $5M judgment against Trump after a jury found Trump liable in 2023 for sexually abusing and defaming writer E. Jean Carroll  —  A jury handed down the award after finding Trump liable for sexually abusing and defaming the writer
Rachel Hall / The Guardian:
UK Culture Secretary Lisa Nandy urges YouTube, TikTok, and other streaming services to promote higher quality educational content to children  —  UK culture minister says government wants to ‘open a dialogue’, but will intervene if platforms do not comply  —  The UK culture secretary …
Discussion: UnHerd, @seatradelaw and @nickcope4
William Christou / The Guardian:
A look at Syria's state news agency Sana, which led Assad's propaganda effort for the past 13 years, as its journalists hope for freedom after the regime's fall  —  For years reporters at Syria's state news agency had to toe the line.  As life in Syria grew harder, so did the their work
New York Times:
How the Epoch Times promotes Shen Yun, a touring dance group that is a moneymaker for the Falun Gong religious movement, with 17,000 glowing articles since 2009  —  A publisher that rose to prominence promoting right-wing conspiracy theories has also served as sword and shield for the dance group and the religious movement behind it.
Ivan Oransky / Retraction Watch:
All but one member of the editorial board of Elsevier's Journal of Human Evolution resign, to protest changes like eliminating “support for a copy editor”  —  All but one member of the editorial board of the Journal of Human Evolution (JHE), an Elsevier title, have resigned …
Lillian Rizzo / CNBC:
Industry executives say media companies expect ad spending to stabilize in 2025 and even grow for platforms with sports and live events  —  The advertising market has positive momentum going into 2025 — especially for media companies with sports rights and tentpole live programming.
Discussion: @mediaevan, MediaPost and The Guardian
 
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 More News: 
Shalini Ramachandran / Wall Street Journal:
Cablevision founder Charles Dolan, a cable TV industry pioneer who launched HBO and AMC Networks and whose family controls Madison Square Garden, dies at 98
Financial Times:
Meta expects AI-generated characters to “generate and share content” and “over time, exist on our platforms”, similarly to regular accounts
 Earlier Picks: 
The Guardian:
The commentary editor of Germany's Welt am Sonntag resigns after the Axel Springer group paper published a piece by Elon Musk in support of far-right AfD party
 

 
From Techmeme:

Semafor:
Meta appoints Joel Kaplan as Chief Global Affairs Officer, replacing Nick Clegg, who is leaving the company; Kaplan is Meta's most prominent Republican

Jonathan Stempel / Reuters:
Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the data with others

Bob Van Voris / Bloomberg:
Terraform Labs co-founder Do Kwon pleads not guilty before a US federal judge in New York to nine counts, including wire fraud, over the $40B TerraUSD collapse
 
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