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4:15 PM ET, November 25, 2020

Mediagazer

 Top News: 
Cynthia Littleton / Variety:
ViacomCBS to sell publisher Simon & Schuster to Bertelsmann, owner of Penguin Random House, for $2.175B in cash  —  Bertelsmann, owner of publishing giant Penguin Random House, was seen as a logical contender for Simon & Schuster.  ViacomCBS announced its intent to sell the publishing arm …
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 …
RELATED:
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 …
Armin Rosen / Tablet Magazine:
An in-depth look at how The Drudge Report changed over the past few years finds it may have become a conduit for ad fraud and some think Drudge left in 2017  —  The Drudge Report has become a conformist shadow of its formerly bratty, oppositional self.  Why?
David Brown / The Times:
UK judge rules that Johnny Depp cannot appeal The Sun libel case and must pay £628,000 in legal costs to The Sun  —  Johnny Depp has been refused permission to appeal against the findings of a judge who ruled that he was a wife beater.  —  The actor has also been ordered to pay …
Discussion: Variety, The Wrap, Bustle and @mygrindelwald
Gene Maddaus / Variety:
Federal judge dismisses a lawsuit by a Norwegian reporter alleging antitrust violations by HFPA for denying membership to those who compete with its members  —  A federal judge has thrown out a lawsuit that accused the Hollywood Foreign Press Association of using its clout to control the market for overseas entertainment coverage.
Discussion: The Wrap and Hollywood Reporter
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  —  TheLi.st — an oddly named, 10-year-old social network that has been linking successful women with up and comers — has been sold to New Power Media …
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  —  Exclusive: Josh Frydenberg adds public broadcasters to code after they were initially excluded by Australia's competition regulator
Kerry Flynn / CNN:
HuffPost staffers worry BuzzFeed may not do much to improve HuffPost's diversity problem, as some BuzzFeed staffers say Peretti is all talk, not enough action  —  New York (CNN Business)About an hour after the news that BuzzFeed is acquiring HuffPost first broke, BuzzFeed chief Jonah Peretti held …
Michael Kozlowski / Goodereader:
Audible will pay royalties for titles returned more than 7 days from purchase starting Jan. 1; Audible currently deducts royalties for returns within 365 days  —  Audible has a return policy, where people can return audiobooks and get a credit refund, within 365 days.
Discussion: @marypcbuk and Bookseller News
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 …
Discussion: Bloomberg
 
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 More News: 
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
openDemocracy:
New UK report finds Michael Gove's office has slowed or obstructed Freedom of Information requests; official accuses office of “blacklisting” journalists
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
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
 Earlier Picks: 
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
Sara Fischer / Axios:
Sources: WaPo is nearing 3M digital subscribers, up 50% YoY; NYT has tripled digital-only subscribers since 2016 to 6.1M
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”
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