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8:25 AM ET, December 16, 2020

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 Top News: 
Ryan Mac / BuzzFeed News:
Facebook is working on an AI tool called TLDR, which would summarize articles in bullet points and which was announced in an end-of-year, company-wide meeting  —  Facebook told employees on Tuesday that it's developing a tool to summarize news articles so users won't have to read them …
Angela Fu / Poynter:
Tiny News Collective, a LION Publishers and News Catalyst initiative, seeks to start 500 local newsrooms in three years by offering resources and training  —  The Tiny News Collective says it will provide participants the tools and resources they need to start their own local newsroom
Nieman Lab:
Newsrooms should abolish the crime beat and reexamine how the criminal-legal system is covered, focusing on affected communities and people  —  “Let's be honest: Crime coverage is terrible.  It's racist, classist, fear-based clickbait masking as journalism."  —  Let's be honest: Crime coverage is terrible.
Periscope:
Twitter says it will discontinue Periscope as a separate mobile app by March 2021, saying it's brought most of the core capabilities of Periscope into Twitter  —  Today, we're sharing that we have made the difficult decision to discontinue Periscope as a separate mobile app by March 2021.
Sara Fischer / Axios:
Sources: Vox Media Studios plans to double its programming slate to 20 shows and generate $100M in revenue in 2021  —  Vox Media Studios, the video and audio production arm of Vox Media, is planning to bring in $100 million in 2021 revenue while producing twice as many shows as 2020 …
Dade Hayes / Deadline:
Chicken Soup for the Soul Entertainment takes full control of Crackle Plus from co-owner Sony Pictures, which exercised its right to obtain $40M of CSSE stock  —  UPDATED with closing stock price.  Completing one of the more surprising media deals of late, Chicken Soup for the Soul Entertainment …
LaToya Drake / The Keyword:
The Google News Initiative is funding 33 projects in the second round of its North American Innovation Challenge, focusing on diversity, equity, and inclusion  —  Today we are announcing an important list of projects selected for the second round of the Google News Initiative's North American Innovation Challenge.
Lukas I. Alpert / Wall Street Journal:
Condé Nast names Anna Wintour chief content officer, in charge of its brands worldwide and of Vogue's 25 global editions; she will remain EIC of Vogue US  —  Longtime editor to take charge of global editorial operations after a year punctuated by layoffs and diversity issues
Tiffany Hsu / New York Times:
Sources: CBS still has dozens of openings for its 30-second ad slots for the 2021 Super Bowl as advertisers debate the tone of ads amid a surging pandemic  —  As the virus cuts into the annual ad blitz, CBS has yet to book all of the 30-second slots available for the big game.
Kurt Wagner / Bloomberg:
Facebook attacks Apple in full-page newspaper ads, claims upcoming iOS 14 changes around data gathering and targeted advertising are bad for small businesses  —  - Ads criticize Apple's plan to restrict some data gathering  — Facebook placed ads in the NYT, WSJ and Washington Post
Taylor Lorenz / New York Times:
Celebrity blogger Perez Hilton says TikTok banned him without warning, thinks it was after pressure from TikTok stars, with whom he's feuded; TikTok denies this  —  The celebrity blogger was banned from TikTok on Saturday in a move he said was influenced by the app's biggest stars.
 
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 More News: 
Erik Wemple / Washington Post:
The New Yorker added an editor's note to a 2018 story on a company supplying actors who replace missing family members, but the story should have been retracted
Joe Otterson / Variety:
HBO's Casey Bloys says they will honor Dave Chappelle's request and remove Chappelle's Show from HBO Max at the end of the year
Jason Lynch / Adweek:
Common Sense Networks is launching Sensical, a free, ad-supported streaming service for kids aged 2-12, early next year, starting with 15K short-form videos
Discussion: Variety
 Earlier Picks: 
Sam Schechner / Wall Street Journal:
EU proposes bill forcing big tech firms to offer price transparency for online advertisers and one focused on illegal content under the penalty of large fines
Sara Fischer / Axios:
Sports podcast company Blue Wire, which hosts 140+ podcasts, raises $5M Series A; it focuses on minority and female voices, and 35% of its podcasters are POC
Jessica Bursztynsky / CNBC:
Prince Harry and Meghan Markle sign an exclusive multiyear deal to host and produce podcasts for Spotify via their production company Archewell Audio
Axios:
Sources: PMC plans to merge back end operations of Rolling Stone, Billboard, and Vibe, including ad sales, marketing, and brand partnerships
Discussion: bookforum.com
Freedom of the Press Foundation:
Report: arrests of journalists in the US grew to ~117 in 2020, up 1,200% YoY; the week of May 29 to June 4 had more arrests than previous three years combined
Lauren Feiner / CNBC:
FTC orders Amazon, ByteDance, Facebook, Snap, YouTube, and others to share info on how they collect and use personal data, including how they measure engagement