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12:40 PM ET, September 13, 2021


 Top News: 
Stephen Battaglio / Los Angeles Times:
Fox News' subscription streaming service Fox Nation acquires Cops, the reality TV show pulled off air last year amid the George Floyd protests  —  “Cops,” the reality TV series depicting law enforcement in action, was pulled off the air last year after 32 seasons amid the nationwide protests …
Kim Lyons / The Verge:
Litecoin spiked ~20% after several news outlets, including Reuters and CNBC, reported that Walmart would begin accepting it based on a fake press release  —  An apparently fake press release said the retailer would begin accepting the cryptocurrency  —  The Litecoin cryptocurrency saw …
Ben Smith / New York Times:
Fire and Fury author Michael Wolff continues teasing out stories from powerful people in his new book Too Famous, while remaining light on source attributions  —  In his new book, the author of “Fire and Fury” continues his specialty: teasing out stories from men in power.
Joe Flint / Wall Street Journal:
Sources: ViacomCBS is revamping Paramount Pictures' operations, which will see its movie and TV production arms run separately, the latter led by David Nevins  —  TV veteran David Nevins will oversee Paramount TV in new alignment  —  ViacomCBS Inc. is revamping the operations …
Joe Pompeo / Vanity Fair:
Former New York Post gossip columnist Richard Johnson says he is coming out of retirement to write a gossip column for the Daily News  —  In a throwback to the tabloid wars of yore, the famed (and feared) former New York Post scribe is ditching retirement to dish for the Daily News.
Brian Schwartz / CNBC:
Three media companies linked to wealthy Chinese exile Guo Wengui, including GTV Media, reach a $539M+ settlement with SEC for offering unregistered securities  —  - The SEC has charged three media companies linked to wealthy Chinese exile Guo Wengui with illegal unregistered securities offerings.
Stacy Heit / American Journalism Project:
American Journalism Project, which supports nonprofit local news sites, receives a $5M gift from Quadrivium, the foundation started by Kathryn and James Murdoch  —  Washington, D.C. — The American Journalism Project (AJP) has received a $5 million gift from Quadrivium, the foundation established by Kathryn and James Murdoch in 2014.
Discussion: @jessicalessin and Bloomberg
Jem Aswad / Variety:
Live Nation resumes its delayed acquisition of a 51% stake in Mexico's largest concert provider Ocesa Entretenimiento for around $444M  —  Live Nation has resumed its acquisition of a 51% controlling interest in Ocesa Entretenimiento, a leading promoter in Latin America and owner of Ticketmaster Mexico …
Neha Gupta / WAN-IFRA:
A look at Spain's El Diario, founded in 2012, which had 2020 revenue of €9.7M, is economically independent, and offers free memberships for those who cannot pay  —  2021-09-09.  El Diario, a Spanish online-only news company, was founded in 2012 with the primary aim of reconnecting society with journalism.
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 More News: 
Mark Jacob / Northwestern Local News Initiative:
A look at the challenges for many smaller newsrooms in developing a digital strategy, including affording tech support, gathering metrics, and spotty internet
Holly Bailey / Washington Post:
How WWL, a talk radio station, became a lifeline for New Orleans' powerless amid Hurricane Ida, with hosts sleeping in the station broadcasting at all hours
Chattanooga Times Free Press:
The Chattanooga Times Free Press in Tennessee says it will give iPads to daily print subscribers as it goes digital-only six days a week by mid-2022
 Earlier Picks: 
Lily Waddell / London Evening Standard:
Channel 4 strikes a deal with Amazon, reported to be worth seven figures, to share the broadcast of US Open final in the UK
Mónica Marie Zorrilla / Variety:
Nielsen: Thursday's NFL kickoff game drew 26M viewers, the most-watched since 2015, with streaming contributing an average minute audience of ~1.6M, up 64% YoY
Stuart Schuffman /
SF Weekly to stop print publication indefinitely at the end of Sept. to focus resources on SF Examiner; Clint Reilly Communications bought both papers in Dec.
Christopher Palmeri / Bloomberg:
Disney commits to debuting all remaining 2021 films exclusively in theaters, following the box office success of the theatrical-only release of “Shang-Chi”
Wall Street Journal:
Anemic salaries and rising tuition make debt loads from some journalism programs burdensome; USC alums have median earnings of $42K and median loans of $67K