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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 — Walt Disney Co. has held exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar Media Group Inc. …
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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 — Media mogul has made unsuccessful offers for other assets
Discussion:
CNN, The Messenger, Cord Cutters News, The Verge, Next TV and Reuters


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.
Discussion:
Columbia Journalism Review


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 — TikTok is partnering with Billboard to launch a top 50 chart that tracks the most popular songs on the platform.
Discussion:
Billboard, TikTok, Music Ally, CNET, MediaPost, The Messenger, Billboard, Forbes, TMZ.com, TechCrunch and Variety


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


Sources: Meta is exploring whether to show ads in WhatsApp and charge a subscription fee to use the app without ads; WhatsApp denies working on such a feature — Talks are at an early stage, sources say, as Facebook parent looks for new ways to increase revenue
Discussion:
@edzitron, @wcathcart and TechCrunch, more at Techmeme »


Q&A with Rob Emrich, executive chairman of ad tech platform Infillion, on his plans for ad tech company MediaMath, which Infillion bought out of bankruptcy — Infillion is finally unveiling its intentions for MediaMath after buying the company out of bankruptcy during an auction last month.
Discussion:
@kerrymflynn, Digiday, Insider and Axios


Study: US major streamers canceled TV series at a combined average rate of 12.2% from 2020 to 2023; Max had the highest rate at 26.9%, Apple TV+, the lowest — WBD's Max wielded the heaviest ax from 2020 to 2023 while Apple TV+ was most merciful — The Streaming Era began with a promise …
Discussion:
Wall Street Journal


Hulu launches Top 15 Today, updated daily to list trending movies and TV shows; source: the list uses a formula weighing viewership, popularity surges, and more — Hulu is finally getting into the numbers game — but on its own terms. Vulture has learned that the Disney-owned streamer …
Discussion:
Variety, The Verge, Decider, 9to5Google, The Streamable, The Walt Disney Company and Cord Cutters News


The WGA and studios agree to resume labor negotiations next week, in a meeting that would be their first since August 22 — Date for discussions has yet to be determined, AMPTP says — The Writers Guild of America and the Alliance of Motion Picture and Television Producers have agreed to resume negotiations next week.
Discussion:
Variety, GLAAD, UPI, @lucas_shaw, @slack2thefuture, Los Angeles Times, Bleeding Cool News, TVLine, IndieWire, Deadline and The Hollywood Reporter


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 — Pixis, an AI-powered platform for brands to monitor and orchestrate their marketing campaigns, today announced that it raised $85 million …


Sources: Disney expects to fall far short of its Disney+ subscriber target for 2024, set in mid-2022; its Charter deal will add millions, at a reduced price — Walt Disney Co. expects to fall tens of millions of subscribers short of its last publicly stated 2024 target for the Disney+ streaming service …
Discussion:
The Wrap and New York Times