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4:50 PM ET, November 22, 2022

Mediagazer

 Top News: 
CNBC:
Bob Iger tells employees Disney plans to restructure in the coming weeks, starting with the departure of Kareem Daniel, its head of media and entertainment  —  - Kareem Daniel, Disney's head of media and entertainment — and right hand to now-departed CEO Bob Chapek — is out at the company.
RELATED:
CNBC:
Sources: Disney board rehired Bob Iger after complaints from senior leadership, including CFO Christine McCarthy, about Bob Chapek's management of the company
Mark Sweney / The Guardian:
As Bob Iger becomes CEO ahead of the launch of an ad-supported Disney+ tier in the US, he will find his second tenure marked by job losses and cost cutting
Alex Weprin / The Hollywood Reporter:
The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 5%+
WBTV-TV:
Meteorologist Jason Myers and pilot Chip Tayag were killed in the crash of a helicopter owned by Charlotte TV station WBTV, next to Interstate 77  —  The two people were killed in a helicopter crash.  —  CHARLOTTE, N.C. (WBTV) - WBTV Meteorologist Jason Myers and Sky3 pilot Chip Tayag …
Joseph Bernstein / New York Times:
A look at journa.host, a Mastodon server for journalists begun by Planet Money's Adam Davidson, currently with ~2,000 members and $12,000 in Tow Center funding  —  Journa.host promises to be a new “reliable home for journalists.”  What happens when they move in?
The Daily Beast:
Sources: the AP fires James LaPorta, the reporter behind a retracted Nov. 15 story based on one unnamed source that alleged Russian missiles crossed into Poland  —  The Associated Press scared much of the world last Tuesday when it alerted readers that “a senior U.S. intelligence official” …
Lauren Hirsch / New York Times:
Concerned that a merger with Fox would undervalue News Corp, some investors raise concerns with a special committee of independent board members  —  Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
Tom Kludt / Vanity Fair:
Sports media, which has traditionally strained to avoid politics, grapples at the Qatar World Cup with how to handle human rights concerns and protests  —  Reporters and broadcasters are grappling with how to handle human rights concerns, political protests, and unusual restrictions …
Sara Fischer / Axios:
The Athletic plans to double its professional women's sports coverage, from 900 articles a year to 1,800, with support from a multiyear partnership with Google  —  The Athletic plans to double its coverage of professional women's sports through a multiyear partnership with Google, its chief commercial officer Seb Tomich told Axios.
Sara Fischer / Axios:
Sources: Protocol generated $4.8M in revenue in 2022 before closing, down from $5.4M in 2021; the company initially forecast $13M in revenue in 2022  —  Protocol, the tech news website launched by Politico in 2020, generated $4.8 million in 2022, down from $5.4 million in 2021, according to sources familiar with the company's finances.
Discussion: Talking Biz News and @samro
Washington Post:
Pathmatics: over a third of Twitter's top 100 clients, including Mars and Jeep, as well as 14 of the top 50, haven't advertised on Twitter in the past two weeks  —  More than a third of Twitter's top 100 clients have not advertised on the platform in the past two weeks, data shows
Mike Calia / CNBC:
Paramount Global scraps its $2.2B deal to sell Simon & Schuster to Penguin Random House and says Penguin must pay a $200M termination fee  —  - Paramount Global said Monday it scrapped its $2.2 billion deal to sell book publisher Simon & Schuster to rival Penguin Random House.
Eric Zuckerman / @ericzuck:
[Thread] Eric Zuckerman, Twitter's head of US news partnerships, leaves the company after seven years  —  After an amazing 7 years, last week was my last at Twitter. As we begin this Thanksgiving week, I want to give thanks to all the people I'm grateful to have shared this journey with...
 
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 More News: 
Murray Stassen / Music Business Worldwide:
UMG's classical music label Deutsche Grammophon launches streaming service Stage+ for €14.90 per month, offering live premieres, music videos, and documentaries
Austin Carr / Bloomberg:
As Elon Musk throws around the phrase “citizen journalism” like a clueless media baron, his Twitter plan sounds like Forbes' infamous unpaid contributor network
Todd Spangler / Variety:
CNN hires Insider CTO Alex Charalambides as its CTO, replacing Robyn Peterson; Charalambides will partner directly with CNN Digital chief Athan Stephanopoulos
Discussion: Adweek
 Earlier Picks: 
Garett Sloane / Ad Age:
Sources: Elon Musk picked Chris Riedy, Twitter's VP of Europe, Middle East, and Africa, as its new head of ad sales, following Robin Wheeler's departure
Financial Times:
A look at Chris Licht's plans to turn CNN around, as the executive says it is “bullshit” and a big misconception that his vision is to be a “vanilla” centrist