Top News:
The Hollywood Reporter:
Disney says Jimmy Kimmel's show will return to ABC on Tuesday and the suspension was “to avoid further inflaming a tense situation at an emotional moment” — The Walt Disney company in a new statement says the move was made “to avoid further inflaming a tense situation at an emotional moment for our country.”
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Ted Johnson / Deadline:
Nexstar says it will continue to preempt Jimmy Kimmel Live!, “pending assurances that all parties are committed to ... respectful, constructive dialogue” — In a statement, Nexstar said, “We made a decision last week to preempt Jimmy Kimmel Live! following what ABC referred …
Discussion:
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Loree Seitz / The Wrap:
Sinclair says it will preempt Jimmy Kimmel's show on its ABC affiliate stations starting Tuesday as it discusses the show's potential return with ABC — The broadcaster, which has demanded an apology and Turning Point USA donation from the late-night host, will replace the time slot with local news programming
Discussion:
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Axios:
White House says TikTok's new US entity would lease a copy of ByteDance's algorithm, which Oracle would retrain; US users wouldn't need to re-download the app — TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China …
Discussion:
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Christopher Palmeri / Bloomberg:
A Fox Corp. investment in TikTok would help Fox promote TV programming to young audiences, and redeem Rupert Murdoch's disastrous $580M Myspace purchase in 2005
Discussion:
Cord Cutters News, @kennysmith.bsky.social, @robbendigo, CNET, Tomorrow USA, Australian Financial Review and TechCrunch
Bloomberg:
A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government
A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government
Discussion:
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Charlotte Tobitt / Press Gazette:
Internal report: global revenue at the Financial Times Group grew by 6% YoY to £540M in 2024; UK accounts for Financial Times Ltd show revenue up 2% to £454.6M — Advertising dips but paid-for content and events revenue grows in 2024. — Global revenue at the Financial Times Group …
Discussion:
Talking Biz News
Jason Zweig / Wall Street Journal:
Jonathan Clements, who wrote 1,009 personal finance columns for the WSJ between 1994 and 2008, died on Sunday at 62, after being diagnosed with cancer last year — He wrote more than 1,000 personal-finance columns for the Journal and was a favorite of readers
Kerry Flynn / Axios:
Future launches Collab, an initiative that integrates creator-led content across its portfolio; creators are hand-selected and paid flat fees as contributors — Future has launched Collab, a new initiative for creator-led content that runs across its portfolio of media brands including Marie Claire …
Discussion:
Future
Alistair Gray / Financial Times:
UK High Court orders Doctor Who actor Noel Clarke to pay The Guardian at least £3M to cover the outlet's legal costs after he lost his £70M+ libel suit — Order comes after British actor loses case against the news organisation over sexual misconduct investigation
Discussion:
Screen
Quinn Moreland / New York Times:
An interview with Noah Johnson, the new editor of the fashion magazine Highsnobiety, about “authenticity” as a core editorial principle and more — Noah Johnson, the new editor of Highsnobiety, wants to bring the glossy down to earth. — “The most important editorial principle …
Lucas Shaw / Bloomberg:
A look at MrBeast's entertainment company, which has ~$450M in annual sales but faced three years of losses due to high production costs of $3M-$4M per video — The master of viral videos now has a CEO to rein in spending on Lambos—and give his “banger content” an even wider reach.
Discussion:
Lucas Shaw on LinkedIn and @carnage4life@mas.to, more at Techmeme »
Ted Johnson / Deadline:
The Wall Street Journal, Dow Jones, and Rupert Murdoch file to dismiss Trump's $10B defamation lawsuit over Jeffrey Epstein report, saying “the article is true” — “In an affront to the First Amendment, the President of the United States brought this lawsuit to silence a newspaper …
Max Tani / Semafor:
Some left-leaning audiences are turning to independent outlets like Bulwark and Crooked Media, abandoning legacy media over their pro-Trump transgressions — THE SCOOP — Establishment media corporations' capitulation to the Trump administration has alienated Democrats …
Max Tani / @maxwelltani:
Note to staff: WaPo says journalists can now use video to respond in the comments section of their articles, and it's using AI to block “hateful” comments — In a note to staff, WaPo says it is introducing video comments for staff, allowing staff to engage in the comments section of their articles (while using AI to block “hateful” comments and surface interesting comments) [image]
Discussion:
twitchy.com
