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12:40 PM ET, December 5, 2018

Mediagazer

 Top News: 
New York Times:
CBS draft report says former CEO Leslie Moonves destroyed evidence and misled investigators to preserve his reputation and save his $120M severance deal  —  Facing multiple sexual misconduct allegations and fearing his career as an entertainment titan was over, Leslie Moonves …
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New York Times:
Draft CBS board report describes Les Moonves' oral sex with subordinate, transactional sexual relationships with employees, board member awareness of assault  —  A 59-page draft report produced by lawyers for CBS's board contains new details and allegations about Mr. Moonves, the company's former chief executive.
Discussion: Business Insider, The Week and The Wrap
Joe Pompeo / Vanity Fair:
Source: Vox Media's 2018 revenues are projected to increase 15%-18% YoY, with the company planning to charge for certain content across its sites  —  Vice, Vox, and BuzzFeed, among other companies that once heralded the dawn of a new media age, are now grappling with decidedly old-media problems.
Oliver Darcy / CNN:
Sources: The Weekly Standard's future is uncertain, after months of searching for a buyer; parent company MediaDC has requested a meeting with staff next week  —  New York (CNN Business)The fate of The Weekly Standard, the conservative magazine that has staked out a position as a publication …
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Jane Coaston / Vox:
Weekly Standard staffers say parent company MediaDC has tried to sabotage the publication over its anti-Trump stance, mine it for assets for Washington Examiner  —  “This is not about dwindling subscribers.  This is about strip-mining TWS for its assets."  —  The future of the conservative magazine …
Edmund Lee / New York Times:
Sources: Netflix paid $100M to license Friends in the US from AT&T's WarnerMedia through 2019, up from $30M/year, ahead of AT&T's 2019 streaming service launch  —  Are Netflix and “Friends” on a break?  —  The answer is no — for now.  Reruns of Joey's thespian trials …
Christopher Palmeri / Bloomberg:
Viacom CEO Bob Bakish says the network is debuting niche video-streaming services using existing content and that there's no merger deal with CBS underway  —  - ‘We like the configuration we have,’ Bob Bakish says  —  Viacom Inc. Chief Executive Officer Bob Bakish, facing fresh speculation …
Felicia Sonmez / Washington Post:
Rep. Chris Stewart defended Trump's response to the Khashoggi murder on CNN on Tuesday, saying journalists “disappear all over the country”  —  Rep. Chris Stewart (R-Utah) on Tuesday defended President Trump's response to the killing of Washington Post contributing columnist Jamal Khashoggi …
Discussion: TheBlaze, The Wrap and The Week
Christopher Palmeri / Bloomberg:
Strauss Zelnick, interim chairman of CBS, says he is “unequivocally” uninterested in taking the CEO job permanently  —  Strauss Zelnick, interim chairman of CBS Corp., said he's definitely not interested in becoming the media giant's chief executive officer, refuting rumors that have been circulating for weeks.
Sam Dolnick / New York Times:
How a New York Times story by Sam Dolnick about an octogenarian drug mule inspired “The Mule”, a new Clint Eastwood movie  —  When I started reporting on an octogenarian drug mule, I had no idea it would inspire a Hollywood film.  —  Times Insider delivers behind-the-scenes insights …
 
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 More News: 
CNN:
Australian police have arrested a man over the disappearance of his ex-wife 36 years ago, following revelations in a true crime podcast about the case
Reuters:
To drive up traffic, Qutoutiao, a Chinese content aggregator, lets users earn digital coins by referring friends and playing games that involve reading stories
Discussion: Press Gazette
Variety:
Landmark Theaters sold to Cohen Media Group for an undisclosed price, after speculation about possible purchase by Netflix or Amazon
Discussion: The Wrap
 Earlier Picks: 
Todd Spangler / Variety:
Sources: as part of its restructuring, AT&T's Otter Media will manage Machinima and is laying off 10% of its staff across its properties
Discussion: The Wrap