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3:25 PM ET, September 15, 2023


 Top News: 
Christopher Palmeri / Bloomberg:
Source: Byron Allen submits a preliminary $10B offer to Disney to acquire its ABC TV network, local stations, and the FX and National Geographic cable channels  —  - Disney said it hasn't made any decisions on sale of properties  — Nexstar has also held early talks for ABC and local stations
Oliver Darcy / CNN:
Sources including ABC News staffers describe a feeling of dread and trepidation inside ABC; employees say they heard news of a possible sale from the press  —  Editor's Note: A version of this article first appeared in the “Reliable Sources” newsletter.  Sign up for the daily digest chronicling the evolving media landscape here.
Sources: Disney held talks exploring selling its ABC network and TV stations to Nexstar Media Group, which has 200 owned or partner TV stations in 116 markets
Sources: Fox News fired veteran executive John Finley on September 9 after a woman alleged he sexually harassed and stalked her; Fox settled with the woman  —  John Finley, a top Fox News executive who was fired last week after more than 20 years at the network, was ousted after a woman alleged …
David Marchese / New York Times:
An interview with Rolling Stone co-founder Jann Wenner on his new book about seven white male musicians, interviewing his friends, and his generation's legacy  —  “We've lived really privileged lives,” says the co-founder of Rolling Stone.  “Now we get to rest.”
Max Goldbart / Deadline:
WBD's General Manager for Germany, Switzerland, and Austria, Hannes Heyelmann, steps down, following the exits of EMEA head Priya Dogra and UK head Antonio Ruiz  —  Warner Bros. Discovery Germany boss Hannes Heyelmann has become the latest to exit from Gerhard Zeiler's international team.
Discussion: Variety and Broadband TV News
Max Goldbart / Deadline:
Sources: VFX firm DNEG told staff to take pay cuts of 20%+ for 7 months or agree to a 3-year loan scheme; it laid off ~7.5% of its London HQ workforce in July  —  EXCLUSIVE: Just weeks after laying off dozens in its London HQ, Dune VFX firm DNEG is asking staff to take up to 25% pay cuts …
Discussion: Collider
Sarah Perez / TechCrunch:
X changes its crowdsourced fact-checking Community Notes feature to show contributors other note proposals and see other viewpoints before they submit a rating  —  X (formerly Twitter) this week changed how its crowdsourced fact-checking Community Notes feature works.
Discussion: @communitynotes
Benjy Sarlin / Semafor:
Sources: the New York Times has been in talks with Politico Playbook co-author Ryan Lizza about helping the paper relaunch its On Politics newsletter  —  Punchbowl News: As negotiations within the House GOP conference continue over a stopgap funding bill, some GOP members are hopeful the bill …
Haroon Siddique / The Guardian:
MailOnline to pay BBC presenter Gabby Logan and her husband “substantial damages” over false claims; ex-Sun editor Kelvin MacKenzie will pay damages for a tweet  —  Payout relates to article that wrongly claimed pair had received £500,000 to promote tax avoidance schemes
Joe Otterson / Variety:
Study: US streaming services canceled shows at an average rate of 12.2% from 2020 to 2023; Max had the highest rate at 26.9% and Apple TV+ the lowest at 4.9%  —  WBD's Max wielded the heaviest ax from 2020 to 2023 while Apple TV+ was most merciful  —  The Streaming Era began with a promise …
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 Featured Newsletter: 
Publishers with subscription revenue are faring better than those without  —  Debates about the merits of subscription models continue, but publishers with reader revenue appear to be faring better in the current media environment than those without.
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 More News: 
Jeremy Fuster / The Wrap:
The WGA and the AMPTP agree to resume labor negotiations next week, in a meeting that would be their first since August 22; the AMPTP says the WGA reached out
Sources: Disney expects to fall tens of millions short of its Disney+ 2024 subscriber goal set in mid-2022; its Charter deal will add millions, at a lower price
Kyle Wiggers / TechCrunch:
Pixis, which sells AI tools that help marketers run and monitor campaigns, raised an $85M Series C1 led by Touring Capital, taking its total funding to $209M
 Earlier Picks: 
Emma Roth / The Verge:
TikTok and Billboard launch the TikTok Billboard Top 50 Chart to track the most popular songs on the app each week in the US, refreshed every Thursday morning
Janko Roettgers / Lowpass:
Amazon adds IAP back to Prime Video for Android, letting users buy VOD rentals and more, after removing IAP from its apps in 2022 to avoid Google's 30% fee
Discussion: 9to5Google
Matthew Keys / StreamTV Insider:
US House hearing: lawmakers expressed frustration over rising pay TV prices and blackouts, and four industry experts called cable and broadcast rules outdated
Carolyn Giardina / The Hollywood Reporter:
Generative AI startup Metaphysic claims its new system can help actors navigate AI likeness rights, and says its early users include Tom Hanks and Anne Hathaway
Discussion: National Review