Top News:
Brooks Barnes / New York Times:
Marvel Entertainment chairman Isaac Perlmutter is laid off as part of Disney's layoffs, after he was part of an unsuccessful attempt to shake up Disney's board — The move was part of a company cost-cutting campaign and came after Mr. Perlmutter was part of an unsuccessful attempt to shake up Disney's board.
Discussion:
Reuters, Bloomberg, @brooksbarnesnyt, SlashFilm, Fortune, Financial Times, The Verge, The Week, @acoyne, Los Angeles Times, The A.V. Club, Comic Book, Vanity Fair, Screen Rant, The Wrap, @profblacktruth, @parkermolloy, @httweets, New York Post, New York Daily News, @wandasattorney, @frankpallotta, @the_moviebob, @fabiannicieza, @gregbaldwiniroh, @tomaxwell, @captmarvelnews, @abigaildisney, @mattgertz, @scottgustin, @conroyforreal, @hopesloop, @samuelaadams, BGR, Collider, Gizmodo, IGN, Cord Cutters News and The Hollywood Reporter
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Adam B. Vary / Variety:
Disney absorbs Marvel Entertainment, which is separate from Marvel Studios, into other units; the divison's president Dan Buckley will now report to Kevin Feige — Along with Perlmutter, Marvel Entertainment's co-president, Rob Steffens, and chief counsel, John Turitzin, were also dismissed.
Discussion:
Screen Rant, The Information, Deadline and @nash076
Elizabeth Lopatto / The Verge:
Substack's fundraising email, absent of any real financial information, reads like a cynical ploy and is not a good omen for the platform's longevity — Substack is desperate, huh? That's what I understand from their fundraising email, anyway. They're now hitting up retail investors …
Discussion:
On Substack, @theannagat, @mslopatto, @golikehellmachi, @moryan, @labuzamovies, @blackamazon, @seangriffey, @matthewbelcher, @caseyjohnston, @jowens510, @sokane1, @mekosoff, @paulstollery, TechCrunch, Bloomberg and Axios
Max Goldbart / Deadline:
The UK publishes its draft Media Bill that could see Netflix, Disney+, and other US streamers fined up to £250K for breaking harmful material rules under Ofcom — The UK government has published its long-awaited draft Media Bill to bring the U.S. streamers under its regulatory framework …
Discussion:
Financial Times, @deepbagchee, @sanjayjha, Variety, @perezhilton, Reuters and GOV.UK, more at Techmeme »
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Charlotte Klein / Vanity Fair:
Inside The Messenger's acquisition of Grid News, which came as a surprise to some Grid staff, who say they have been told it had a two- to three-year runway — Grid News, a one-year-old start-up, shuttered this week after getting acquired by The Messenger, which launches next month.
Discussion:
@bgrueskin, @charlottetklein, @grahamstarr, @niemanlab, @haleaziz, @harrisonxjacobs, @imillhiser, @chrisgeidner, @scottnover, @sarayasin, @jayrosen_nyu and @mediaevan
Aidan McLaughlin / Mediaite:
Sources detail tensions between Tucker Carlson and Suzanne Scott and say Carlson is unaccountable to leadership and operates in his own fiefdom at the network — As Fox News finds itself beset by an internal crisis fueled by Dominion's $1.6 billion defamation suit, long-simmering tensions …
Discussion:
CNN, @oliverdarcy, @semaforben, @joeofthenorth, @juliewestfall, @aidnmclaughlin, @sulliview and The Wrap
Jay Peters / The Verge:
The YES Network, which airs New York Yankees, Brooklyn Nets, and New York Liberty games, launches a streaming service for $24.99/month in its regional territory — The Yankee Entertainment and Sports (YES) Network, a regional channel that broadcasts games from the New York Yankees …
Discussion:
CNBC, CNET, Sportico, The Desk, Next TV, Awful Announcing, The Streamable, @tvgrimreaper, @frankpallotta, New York Post, Light Reading and Cord Cutters News
Amanda Terkel / NBC News:
Newly released slides from a Dominion court presentation show Fox News aired 2020 election myths despite its fact-checking “Brain Room” deciding they were false — A presentation from Dominion Voting Systems show emails detailing the Fox News fact checks, which were released Wednesday …
Discussion:
NPR, Mediaite, CNN, Media Matters for America, The Guardian, Mediaite, @willsommer, Washington Post, Rolling Stone, @clarajeffery, @aterkel, @aterkel, @justinbaragona, @pamkeithfl, @aterkel, Vanity Fair, @dcuthbert, @authorsjb, @mattgertz and Bloomberg
Justin Ling / Wired:
Docs: investments in 4chan include $800K from owner Hiroyuki Nishimura, $4.8M from his company, and $2.4M from Tokyo-based Good Smile, which makes Disney toys — Documents obtained by WIRED confirm that Good Smile, which licenses toy production for Disney, was an investor in the controversial image board.
Discussion:
Gizmodo, @egavactip and @jtemperton, more at Techmeme »
Ryan Barwick / Marketing Brew:
Google rolls out Ads Transparency Center, letting users search all ads on the platform within 30 days of them running — Users will be able to search all ads on the platform within 30 days of them running. … Get out your library cards and pay those late fees: Google is playing librarian.
Discussion:
MediaPost, Ad Age, @ryanbarwick, Social Media Today, Reuters, The Verge, TechCrunch, @jason_kint, @jason_kint, @killedbygoogle, The Keyword, 9to5Google, AdExchanger, Search Engine Land and Gizmodo
Jeff Stone / Bloomberg:
Mandiant: suspected North Korean hackers are posing as NYT and VoA staff to collect strategic intelligence from officials in the US and South Korea — Suspected North Korean hackers are posing as journalists and trying to gather intelligence about international officials' approach …
Discussion:
@jeffstone500, Insider, CoinDesk and Wired, more at Techmeme »
@nytimesguild:
[Thread] Comparing compensation increases for The New York Times' CEO and other top executives to salaries for NewsGuild members, who are seeking a new contract — The @nytimes recently disclosed the latest compensation packages for our top executives. Among the highlights: Our C.E.O., @meredith_levien, was paid $7.6 million in 2022, up from $4.4 million in 2020. That's a 73% increase.
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