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8:15 AM ET, November 25, 2020

Mediagazer

 Top News: 
Michael Isikoff / Yahoo News:
Sources: Fox agreed to a 7-figure payout to Seth Rich's family in a deal made in time for Fox News President Jay Wallace and Sean Hannity to avoid depositions  —  WASHINGTON — Just as star anchor Sean Hannity and other high-profile Fox News figures were due to be deposed about their promotion …
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Gene Maddaus / Variety:
Fox News has settled a suit by the family of DNC staff member Seth Rich, over a 2017 story that claimed Rich had leaked DNC emails to WikiLeaks before his death  —  Fox News has settled a lawsuit filed by the family of Seth Rich, the former Democratic National Committee staffer who was at the center …
Ashley Gold / Axios:
YouTube says it barred OANN from posting videos for a week and demonetized its content following a video promoting a phony cure for COVID-19  —  YouTube has barred One America News Network from posting new videos for a week and stripped it of its ability to make money off existing content …
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The Daily Beast:
OANN host Christina Bobb has been helping Trump's legal team in its effort to overturn the election results, and she has not disclosed this work on her show  —  Cable-news host Christina Bobb, a lawyer by trade, is actively working with Trump's counsel as it seeks to overturn the 2020 election.
New York Times:
Sources: after the election, Zuckerberg agreed to temporarily tweak Facebook's algorithm to make authoritative news like CNN and NYT appear more prominently  —  Employees and executives are battling over how to reduce misinformation and hate speech without hurting the company's bottom line.
Sarah Perez / TechCrunch:
Twitter says it will relaunch account verifications in early 2021 for news; journalists will need to provide at least three recent bylines in qualifying outlets  —  Twitter announced today it's planning to relaunch its verification system in 2021, and will now begin the process …
Sara Fischer / Axios:
Sources: WaPo is nearing 3M digital subscribers, up 50% YoY; NYT has tripled digital-only subscribers since 2016 to 6.1M  —  The New York Times and The Washington Post have very different strategies for building the subscription news company of the future.  —  The big picture …
Financial Times:
Sources: Bertelsmann is the top bidder for ViacomCBS' Simon & Schuster, offering more than $2B; a deal would make Bertelsmann the world's biggest book publisher  —  Purchase will entrench German group's position as the world's biggest book publisher  —  Bertelsmann is in pole position …
Can Duruk / Margins:
Substack's value to writers is clear but is a bit muddier for readers, with problems like poor discovery and reliance on email  —  Hi.  It's Can, on Substack about Substack.  —  It's been around a year and a half since Ranjan and I started this Substack.
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Steven Levy / Wired:
As more writers join Substack, subscription fatigue and the pressure to deliver continuous value to paying readers may push many back to traditional pubs
Isaac Chotiner / New Yorker:
Q&A with Newsmax's CEO on conservative media's role in Trump's opinions and in sowing doubt about the election: “At the end of the day, it's great for news”  —  Even as Fox News acknowledges that Joe Biden is the President-elect, Newsmax Media—a conservative multimedia company …
Anthony Ha / TechCrunch:
HuffPost India and HuffPost Brasil shut down today; in internal message, Jonah Peretti says they weren't allowed to take them on for differing legal reasons  —  HuffPost is becoming part of BuzzFeed, but HuffPost India and HuffPost Brasil will not be making the transition — both sites are shutting down today.
Ruth S. Barrett / Medium:
Ruth Shalit Barrett addresses concerns raised by WaPo's Erik Wemple following the publication and subsequent retraction of an article she wrote for The Atlantic  —  On October 24th, Erik Wemple of The Washington Post wrote a column criticizing The Atlantic for its decision to publish my article …
Charlotte Tobitt / Press Gazette:
UK publisher Future is acquiring GoCo Group, owner of price comparison site Go Compare, for £594M, and says it had pre-tax profit of £52M in 2020, up 309% YoY  —  Specialist publisher Future has revealed it tripled its pre-tax profits for the second year in a row as it announced plans …
Casey Newton / Platformer:
Snap's Spotlight daily payout breaks from TikTok's model, focusing on paying a large number of creators rather than nurturing primarily big-follower accounts  —  Today, let's talk about the deceptively bold way in which Snapchat has reimagined TikTok as part of its new feature, Spotlight.
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Sarah Perez / TechCrunch:
Snap announces Spotlight, a vertically scrollable TikTok-like feed inside Snapchat, and will pay $1M every day to users who create the top Snaps through 2020
 
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 More News: 
Amanda Meade / The Guardian:
Draft of Australia's news code now includes public broadcasters ABC and SBS, allowing them to recieve payments from Google and Facebook for using their content
Keith J. Kelly / New York Post:
TheLi.st, a 10-year-old social network for women cofounded by Rachel Sklar and Glynnis MacNicol, has been sold to New Power Media, headed by Ann Shoket
openDemocracy:
New UK report finds Michael Gove's office has slowed or obstructed Freedom of Information requests; official accuses office of “blacklisting” journalists
Pew Research Center:
Survey: 30% of Americans turned mostly to cable TV after polls closed on Election Day, 24% to news websites and apps, 22% to network TV, and 9% to social media
 Earlier Picks: 
Nicole Sperling / New York Times:
WarnerMedia releasing Wonder Woman 1984 on HBO Max alongside theaters signals the importance of streaming to studios and represents an emerging industry norm