Mediagazer: TikTok is testing TikTok Live Studio, a Windows app that lets users stream directly to TikTok Live from their computer (Amanda Silberling/TechCrunch)

5:00 AM ET, December 16, 2021

Top News:

Andy Greene / Rolling Stone:

Billboard report: Bruce Springsteen sells his publishing catalog to Sony Music and Sony Music Publishing for $500M — Bruce Springsteen has sold his publishing catalog to Sony for a reported $500 million, as Billboard reports. — The musician has sold his masters to Sony Music …

Discussion: Billboard, New York Times, Music Ally, @newley, @jbflint, @shortformernie, @dontboreus, @fitzysa, @peterlattman, @eddietrunk, @brandonwenerd, @jasonisbell and @film_girl

Reddit:

Reddit confidentially files its S-1 with the SEC for an IPO; the number of shares to be offered and the price range have yet to be determined — Reddit, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission …

Discussion: Engadget, New York Times, @reddit, @mikeisaac, @hoctopi, @jebus911, Protocol, @noondlyt, @carnage4life, CNBC, CoinDesk, The Verge and Futureprotech, more at Techmeme »

Lydia Moynihan / New York Post:

Sources: in the Group Nine-Vox Media merger, Group Nine was valued at $225M, down from $585M in 2016, and Vox was valued at ~$672M, down from $1B in 2015 — Vox Media and Group Nine are keeping the value of their merger private — and that may be because the number isn't as eye-popping …

Discussion: Insider, @larakiara, @digitalshields, Axios and @kerrymflynn

Han Zhang / The Guardian:

Profile of Hu Xijin, editor of the Global Times, a nationalistic tabloid dubbed “China's Fox News”, as he becomes China's most famous propagandist on Twitter — Hu Xijin is China's most famous propagandist. At the Global Times, he helped establish a chest-thumping new tone …

Discussion: Agence France-Presse, @williamyang120, @amonck, @tknoll209k and @jgriffiths

Amanda Silberling / TechCrunch:

TikTok is testing TikTok Live Studio, a Windows app that lets users stream directly to TikTok Live from their computer — What if instead of watching your favorite TikTok star stream on Twitch, you could watch them play video games live on TikTok? For the last few days, according to the platform …

Discussion: Music Ally, @joshconstine and @bdsams, more at Techmeme »

Ashley Carman / The Verge:

With podcasts selling for millions of dollars, smaller advertisers say they're getting priced out as ad costs soar and relationships become more impersonal — This story is part of a group of stories called — Füm is the type of product that traditionally sells well through podcast ads.

Discussion: @kantrowitz, @johnkoetsier, @richlightshed, RAIN News, @mkadin, @gerryconway, @mitchjoel, Podcast Movement, @russellbrandom, @bergmayer, @mattbrownep, @ahhensel, @matt, @cbalfe, @ashleyrcarman and Sounds Profitable

Lillian Rizzo / Wall Street Journal:

A look at the Christmas TV movie war between Hallmark and GAC Family, an upstart cable channel run by Hallmark's former boss that often hires the same actors — GAC Family, a channel run by Hallmark's former boss, also makes Christmas fare, often hiring the same actors; ‘definitely confusing’

Discussion: @johnjurg, @lilliannnn and @digitalshields

Sara Guaglione / Digiday:

Q&A with Sara Silverstein, TheStreet's new EIC, on plans to broaden the audience of investors for The Arena Group's financial publication, and more — Last week, former Business Insider (now Insider) editor at large Sara Silverstein headed to TheStreet, the financial publication owned by The Arena Group …

Discussion: @ichartny

Alexander Sammon / American Prospect:

Lobbyists for major companies and trade groups covered by DC-based Punchbowl News attended a Washington Football Team game as guests in the outlet's skybox — Where hosting a confab for lobbyists meets journalistic ethics — On Sunday afternoon, the Washington Football Team lost to the Dallas Cowboys …

Discussion: @alex_sammon, @froomkin, @drvolts, @davidsirota, @bendreyfuss, @ddayen, @coreyhutchins, @andrewperezdc, @theprospect, @ddayen and @theprospect

Paul Takahashi / Houston Chronicle:

Hearst names Miami Herald President Nancy Meyer as the next publisher of the Houston Chronicle; she starts January 10 as the Chronicle's first female publisher — Nancy Meyer, a veteran newspaper leader and president of the Miami Herald, has been named the next publisher of the Houston Chronicle.

Discussion: @loritodd and @lomikriel

Rachel Connolly / Financial Times:

Listeners flock to “friendship podcasts” built on rapport among hosts, who are monetizing them via live shows, merchandising, and even album releases — The podcast, with its associations with talk radio, political wonkery and overproduced true crime, can seem a dorky medium.

Discussion: @rachelconnoll14 and @donetodeath

Meg James / Los Angeles Times:

Australia nominates Gina Cass-Gottlieb, a lawyer with strong ties to Rupert and Lachlan Murdoch, for new chairwoman of its competition watchdog agency — The nomination of a respected lawyer with strong ties to Rupert and Lachlan Murdoch to head Australia's powerful competition watchdog agency is drawing scrutiny.

Discussion: Australian Financial Review, @mrkrudd, @jeffjarvis, @jbenton, @megjameslat, @ljayes, @margaretsimons, @megjameslat, Crikey, @vanbadham, @strom_m, @markdistef, @richardaob, @latimes, The Wrap and The Guardian

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Who's Hiring in Media?

Deputy Ed. - Gen. Assignment Desk, DC — WaPo

EU Technology Reporter, Brussels — Bloomberg

Breaking News Reporter, NY — Guardian US

Harrisburg Reporter, PA — PCBC

Senior Editor - Styles, NY — NYT

Part-time Editor, Remote — Techmeme

Home & Travel Reporter, Ireland — Newsweek

Assistant Digital Editor, MA — Boston Globe

Senior Editor - Visuals (Temporary), DC — NPR

South Reporter, GA/Remote — ProPublica

Private Capital Reporter, London — FT

Staff Writer, MI — Watershed Voice

Articles Editor, CA — SF Standard

Pharma Reporter, Remote US — Endpoints

Metro Reporter, TN — Daily Memphian

Higher Ed. Reporter, Remote CA — EdSource

Politics Reporter, Brussels — Politico

Investigations & Enterprise Ed., WI — Cap Times

Social Strategy Editor, NY — WSJ

Business Reporter, TX — Fort Worth Report

Senior Narrative Editor, CA — Cloud Chamber

News Correspondent, MS — Magnolia Tribune

Accountability Reporter, NC — Charlotte Observer

Editor-in-Chief, NY (flexible) — The 74

Housing Reporter, OK — The Frontier

Writer/AI Content Reviewer, CA — Outlier

Writer/Editor, Remote — Mediaite

Political Reporter, TX — Courier Newsroom

Afternoon/Night Editor, NH — Keene Sentinel

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More News:

Joe Easton / Bloomberg:
LadBible parent LBG Media closes up 12.59% in its trading debut on London's Aim market, giving it a £360M valuation after raising £30M in its IPO

Discussion: @jimwaterson, @canders_daniels, @martinsfp, Financial Times, The Guardian and City A.M.

Natasha Lomas / TechCrunch:
Google makes five-year commitments on news payments to France's antitrust watchdog in a bid to end antitrust litigation, including to “negotiate in good faith”

Discussion: Autorité de la concurrence

Politico:
Some organizations with legislative interests are running print ads in Delaware's The News Journal to get their message in front of Biden

Discussion: @erickleefeld, @susanpage, @maxwelltani, @owillis, @samstein, @jonlemire, @politico and The Week

The Guardian:
Soe Naing, a freelance photojournalist in Myanmar, dies in military custody after being arrested last week while covering protests

Discussion: @hninyadanazaw, @jm_beck, @niccijsmith, Committee to Protect … and Reuters

Sarah Ellison / Washington Post:
Joe Nocera sues former employer Bloomberg News, seeking earnings from The Shrink Next Door, an Apple TV+ series based on his podcast of the same name

Discussion: @lmlauramarsh, @michellelegro, iMore, @sarahellison, @opinion_joe, @alderlaneeggs, @amyargetsinger, @jeremymbarr and The Wrap

Reuters:
Smartmatic and Dominion seek communications from Rupert and Lachlan Murdoch in their defamation lawsuits against Fox News over election rigging claims

Discussion: @jeremymbarr, @b52malmet, @blowryontv, @mollyjongfast, @jimstewartson, @reutersbiz, @reutersbiz, @reutersbiz, @iron_emu and @rasmus_kleis

Earlier Picks:

Ben Fox / Associated Press:
AP Executive Editor Julie Pace urges DHS to say why it investigated reporter Martha Mendoza and assure that the “apparent abuse of power” will not continue

Discussion: @globalrepcentre, Techdirt, American Press Institute, Reason, Politico, @zachsdorfman, @ap, @penamerica, @jpritchardap, @spj_tweets, @mendozamartha and Freedom of the Press …

Sara Fischer / Axios:
UBS: Tubi, the free ad-supported streaming service Fox bought in March 2020, is expected to hit $700M in 2022 revenue, up from $145M annual revenue at purchase

Discussion: The Streamable, MediaPost and @tomgara

Gavin Bridge / Variety:
Analysis: political news and opinion programming across CNN, Fox News, and MSNBC made up 83% of the 5,000 most watched cable shows in 2021, up from 57% in 2016

New York Times:
How China helps foreign influencers in the country who spread pro-China messages, funding their travel and generating lucrative, likely inauthentic, traffic

Axios:
The Guardian has 1.6M+ paying readers, of which 1M make recurring payments for digital content, 100K are print subscribers, and 500K make one-off donations

Discussion: The Guardian, @sarafischer, @murpharoo, Press Gazette, @simonowens, @jason_kint, Columbia Journalism Review, @casmudde, @lexytopping, @sarahmarshall, @guardiancomms, @pilhofer, @rasmus_kleis, @vivian and @sarafischer

Katie Robertson / New York Times:
Former THR co-president Janice Min and Richard Rushfield form Ankler Media, expanding The Ankler, Rushfield's paid Substack newsletter about Hollywood

From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC falls 9%+ after hours

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