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11:00 AM ET, December 31, 2024

Mediagazer

 Top News: 
Benjamin Mullin / New York Times:
The Atlantic plans to hire ~12 journalists, including from WaPo, to bolster its political coverage under Trump; source: it added ~100K subscribers since March  —  The magazine is recruiting from a crosstown rival, The Washington Post, to bolster its political staff.
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
Reuters:
Iran confirms the arrest of Italian journalist Cecilia Sala; Italy declines to say whether the case might be linked to the arrest of an Iranian in Italy  —  Iran confirmed the arrest of Italian journalist Cecilia Sala for “violating the laws of the Islamic Republic”, Iran's official IRNA news agency reported on Monday.
Inside Radio:
Salem agrees to sell its seven contemporary Christian radio stations to Educational Media Foundation for $80M and repays all $159.4M of its long-term debt  —  Moving to shore up its balance sheet, Salem Media Group has agreed to sell all its remaining contemporary Christian radio stations …
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 Times and The Independent
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
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.
Discussion: Raw Story
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
Todd Spangler / Variety:
Netflix was the winner among media stocks in 2024, up 92%; Fox was up 64%, Disney was up 22%, WBD was down 10%, Roku was down 16%, and Paramount was down 28%  —  Netflix was the breakaway winner among media stocks in 2024, with the streaming powerhouse's shares up more than 90% over the course of the year.
Discussion: @tvgrimreaper
 
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 More News: 
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”
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
 Earlier Picks: 
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
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:

Jess Weatherbed / The Verge:
The GSMA announces the new RCS standard supports interoperable E2EE between platforms; Apple says it will add support for the standard in a future update

Politico:
European authorities raided 21 addresses, arrested several people, and sealed two offices in the EU Parliament, as part of a spiraling bribery probe into Huawei

The Information:
Sources: DeepSeek and its hedge fund parent, High-Flyer Capital, forbid some R&D staff from traveling abroad freely, asking them to hand in their passports
 
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