Mediagazer: GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside of China (Alistair Gray/Financial Times)

7:55 PM ET, December 6, 2021

Top News:

CNN says it has fired Chris Cuomo after “additional information has come to light” about the help he gave his brother Andrew Cuomo — The network said it had “terminated him, effective immediately,” a move that came days after a lawyer for a former colleague accused the host of sexual misconduct.

Discussion: @cnnpr, @chriscuomo, @chriscuomo, Fox News, New York Magazine, HuffPost, CNBC, CNN, Mediaite, The Hill, @marceelias, The Wrap, @benmullin, The Week that Was, @badfoxgraphics, @brianstelter, Associated Press, @grynbaum, New York Post, Vanity Fair, Poynter, @dylanbyers, @danprimack, National Review, @poynter, Today in Tabs, Ineptocracy Chronicles, @jayrosen_nyu, American Press Institute, Steve Self-Cancels, @jeremymbarr, Press Watch, @jodikantor, Observer, Washington Post, Los Angeles Times, Newser, @randpaul, NBC News, FTVLive, @erikwemple, @grynbaum, @juliettekayyem, @sorayamcdonald, Slate, @koblin, NPR, TMZ.com, @juddlegum, @grynbaum, @stevebattaglio, @ericmgarcia, @jodikantor, Media Nation, @benyt, @shoq, @glennbeck, @jodikantor, @jodikantor, @jodikantor, @jodikantor, @benyt, @grynbaum, @grynbaum, @michelemclellan, @davidfolkenflik, @davmicrot, NPR, @thrasherxy, MediaPost, @janicedean, @ichotiner, @badfoxgraphics, @megjameslat, @baseballot, @jazayerli, @dick_nixon, @rontkim, @grynbaum, @maddoxrules, @jordanchariton, @jayrosen_nyu, @brentbozell, @jadler1969, @iamsophianelson, @benmullin, @studentactivism, @studentactivism, @originalspin, @froomkin, @jbflint, @mayatcontreras, @josephwulfsohn, @davidfolkenflik, @kenklippenstein, @cernovich, @redsteeze, @meganbitchell, @_cingraham, @matthardybrand, @attorneynora, @shoq, @brianstelter, @jeremymbarr, @mollyjongfast, @phil_lewis_, @froomkin, @jasminestylestv, @jdwackrow, @frankconniff, @a_newsman, @elisestefanik, @adriennelaw, @chrisloesch, @erikwemple, @mrbeaks, @lmoses, @erikwemple, @noahshachtman, @noahshachtman, @timheidecker, @erikwemple, @ditzkoff, @alexthomp, @nycsouthpaw, @jeremymbarr, @benyt, @brianstelter, @grynbaum and @sdkstl

Wall Street Journal:

Sources: CNN's Chris Cuomo U-turn came after NY AG records, a law firm report, and a separate sexual misconduct allegation against him from an ex-ABC colleague — Network boss fired the star anchor on Saturday, leaving a hole in the channel's prime-time lineup

Discussion: Washington Post, New York Times, Fox News, New York Post, @ericmgarcia, @asharma, @benmullin, CNN, @wsj, @ewerickson, @yuhline, Newser, Associated Press, @pkafka, @jbflint, @benmullin, The Hill, Mediaite, The Wrap and Boing Boing

Brian Steinberg / Variety:

Chris Cuomo says he is also leaving SiriusXM, where he hosted a regular weekday radio program, to “focus on what comes next” — Chris Cuomo, terminated from a prominent CNN anchor job over the weekend, is giving up another perch. — Cuomo is also leaving SiriusXM …

Discussion: Fox News, Hollywood Reporter, Insider, Los Angeles Times, @johnnydollar01, Deadline, Wall Street Journal and The Hill

Gerry Smith / Bloomberg:

BuzzFeed closed down 11% on its Nasdaq trading debut, attaining a market cap of $364M, after raising less than expected from its SPAC — - Company is in talks to make Michael Del Nin its new president — Sector needs ‘strong public company,’ co-founder Peretti says

Discussion: @benmullin, CNBC, CNN, BuzzFeed, YouTube, Variety, Insider, @silviakillings, New York Times, @kerrymflynn, @kerrymflynn, @tomgara, @rmac18, @sherman4949, @gerryfsmith, @alex, @sherman4949 and @sherman4949

Peter Kafka / Vox:

A look at BuzzFeed's rocky transformation into a public company, as Bustle CEO says its fate will determine the fortunes of other digital media companies — “The fate of BuzzFeed is going to determine the fortunes of a lot of other companies.” — The transformation from startup to public company is supposed to be a very big deal.

Discussion: Mediaite, @pkafka, @pkafka, Fast Company, Gawker and Financial Times

Matt Schudel / Washington Post:

Fred Hiatt, The Washington Post's editorial page editor since 2000, dies at 66 — Fred Hiatt, a onetime foreign correspondent who in 2000 became The Washington Post's editorial page editor and greatly expanded the global reach of the newspaper's opinion writers in the era of 9/11 …

Alistair Gray / Financial Times:

GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside of China — Alphabet, Meta and Amazon have doubled their share of ad revenues in past 5 years, industry estimates

Discussion: GroupM, Ad Age, Wall Street Journal, MediaPost, @megancgraham, Digiday, @digitalshields, Hollywood Reporter, @ivan_brussels, The Drum, @1br0wn, The Wrap and Midday Macro, more at Techmeme »

Ben Smith / New York Times:

A document from TikTok's engineering team in Beijing details the app's addictive algorithm, which pursues DAUs by optimizing for “retention” and “time spent” — It's the most successful video app in the world. Our columnist has obtained an internal company document …

Todd Spangler / Variety:

Disney scraps the FX on Hulu branding two years after it launched, to make FX branding consistent worldwide across its DTC and linear TV services — Disney has decided kill off the “FX on Hulu” name less than two years after it launched — a piece of brand-management microsurgery many people probably won't even notice.

Discussion: MediaPost, The Streamable, Deadline, Cord Cutters News, @sonnybunch, Too Much TV Newsletter, @oliverdarcy, Hollywood Reporter, TVLine, The Wrap, Decider and Adweek

Bron Maher / Press Gazette:

The Financial Times says all editorial staff will get a £5,600 bonus as the paper surpassed its Q4 revenue expectations and will end the year profitable — Financial Times journalists are to receive bonuses of £5,600 this month after the publisher reported profits “well ahead of our business plan”.

Discussion: @alicemuwu, @niemanlab, @jerometaylor, @stokel and Talking Biz News

Dana Milbank / Washington Post:

Analysis of 200K+ articles from 65 news sites: coverage of Biden for the past four months has been as bad as, or worse than, Trump in the same period of 2020 — A sampling of headlines atop the influential Politico Playbook newsletter over the past month: — “Let the Democratic freakout begin.”

Discussion: @brianstelter, Public Notice, @milbank, @joshtpm, @edbott, @milbank, Mediaite, @froomkin, @whcos, @kyleclark, @milbank, @milbank, @milbank, @mehdirhasan, @jjohnsonlaw, @soledadobrien, Contrarian Boston, Today's Edition Newsletter, @ryanlizza, @milbank, @ryanlizza, @milbank, @milbank, @ryanlizza, @retiredorrin, @gopchairwoman, @cathyndavidson, @ewerickson, @atrupar, @tysonbrody, @dkthomp, @tysonbrody, @jesselee46, @adrienneelrod, @wajahatali, @leablackmiami, @elilake, @bobcesca_go, @joyannreid, @marmel, @davidharsanyi, @maggienyt, @realdrothschild, @blueboxdave, @alfonslopeztena, @ericschultz, @josh_moon, @bennettjohnt, @amy_siskind, @donmoyn, @margotroosevelt, @mollyjongfast, @mollyjongfast, @tvietor08, @greenhousenyt, @alexthomp, @mikegehrke, @mikegehrke, @froomkin, @soledadobrien, @protecttruth_, @fred_guttenberg and @jayrosen_nyu

Kevin Breuninger / CNBC:

Rep. Devin Nunes, a close Trump ally and former chair of the House Intelligence Committee, says he will resign to become CEO of Trump Media & Technology Group — - Rep. Devin Nunes, R-Calif., will resign from Congress to become chief executive officer of former President Donald Trump's fledgling social media entity next month.

Discussion: New York Times, New York Magazine, Wall Street Journal, The Wrap, Variety, Mediaite, CNN, Insider, Politico, NPR, National Review, Gizmodo, Washington Post, New York Post, Fox News and Hollywood Reporter, more at Techmeme »

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Mia Sato / The Verge:
YouTube publishes its first Copyright Transparency Report, showing H1 2021 had 2.2M+ videos hit with incorrect copyright claims and 729M total copyright claims

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K.J. Yossman / Variety:
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HBO CCO Casey Bloys says 50% of HBO viewership comes from linear, down from 90% in 2011, with the rest from HBO Max, and he's not “rushing” to share ratings

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Earlier Picks:

Reuters:
Analysis: at least 25 US election workers were targeted by 100+ violent threats or hostile messages citing the Gateway Pundit since the 2020 election

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Drew Harwell / Washington Post:
Profile of Twitch streamer Tyler Steinkamp, including the loneliness and rage that comes with streaming game battles and real-world moments for 50 hours a week

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Interview with Anna Wintour and Condé Nast CEO Roger Lynch as they transform its biggest publications into global brands while streamlining content sharing

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Anne Steele / Wall Street Journal:
Spotify removed the work of hundreds of comedians, including John Mulaney and Kevin Hart, amid a fight with royalty administration agency Spoken Giants

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From Techmeme:

Kent Walker / The Keyword:
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Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

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Sources: Apple is testing a more conversational version of Siri, dubbed “LLM Siri”, with plans to release it in spring 2026 as part of iOS 19 and macOS 16

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