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12:15 PM ET, October 1, 2023

Mediagazer

 Top News: 
New York Times:
Jeff Baumgartner / Light Reading:
Filing: LG suspends including IP-based broadcast signaling standard ATSC 3.0 in its 2024 lineup of US TVs due to a “challenging and uncertain patent landscape”  —  Citing a ‘challenging and uncertain patent landscape,’ LG has suspended the inclusion of ATSC 3.0 tech in its 2024 TV lineup.
Dade Hayes / Deadline:
Byron Allen, one of the many parties trying to acquire ABC from Disney, says Disney's internal deliberations are the main factor delaying a formal sale process  —  - ‘May December’ Writer Samy Burch Finally Boards Promo Train Post-Strike At New York Film Festival; Director Todd Haynes …
Discussion: Sports Media Watch
Carly Thomas / The Hollywood Reporter:
California Governor Gavin Newsom vetoes a WGA- and SAG-AFTRA-backed bill aimed at giving unemployment benefits to striking actors, writers, and other workers  —  The legislation was an attempt by Democratic state lawmakers to help striking actors, writers and Southern California hotel workers.
Andre Rhoden-Paul / BBC:
Ofcom launches an investigation into the Dan Wootton Tonight show on GB News after Laurence Fox insulted journalist Ava Evans, sparking 7,300 complaints  —  Media regulator Ofcom has launched an investigation into the Dan Wootton Tonight show on GB News after a sexism row sparked 7,300 complaints.
RELATED:
Naomi Clarke / The Independent:
GB News presenter Calvin Robinson says the broadcaster suspended him for defending Dan Wootton online, making him the channel's third suspended presenter
Financial Times:
Discussion: @labboudles
Mark Kleinman / Sky News:
Sources: Axel Springer had notified Goldman Sachs of its desire to participate in a forthcoming auction for the Daily and Sunday Telegraph newspapers  —  The publisher of Bild and owner of the Politico website has registered its interest in bidding for the Daily and Sunday Telegraph newspapers, Sky News can reveal.
Wall Street Journal:
The WGA's pact with studios and streamers represents a formal end to “peak TV”, a decade that saw an explosion of programming for viewers and jobs in Hollywood  —  The end of the writers' strike marks a new era.  Studios and streamers are likely to order fewer TV shows.
Josh Kosman / New York Post:
Source: Diamond Sports is seeking to cut the broadcast fees it pays to the NHL and NBA by up to 20%; Diamond pays NBA teams about $600M a year  —  Bankrupt broadcaster Diamond Sports, the nation's largest regional sports network, has made a take-it-or-leave-it offer to cut rights fees …
Taylor Lorenz / Washington Post:
A history of Vine's failure to build relationships with its top creators, who Vine leadership resented for gaming the app's ranking algorithm and their humor  —  The wildly popular video app's contentious relationship with its own power users offers a cautionary tale for social platforms
Manish Singh / TechCrunch:
One of India's largest music labels Saregama acquires a 51.82% stake in Pocket Aces, which produces short-form video content aimed at young Indians, for ~$20M  —  Saregama has acquired a 51.82% stake in the digital entertainment startup Pocket Aces as the oldest Indian music label makes a deeper push into videos.
Benjamin Mullin / New York Times:
Letterboxd's founders sell a majority stake to Canadian company Tiny; a source says the deal values the film-focused social network with ~10M users at $50M+  —  Two designers from New Zealand built a wildly popular social network for movie buffs.  Now, they're cashing in (and sticking around for the sequel).
 
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 More News: 
Amanda Zamora / The 19th:
Amanda Zamora says she will step down as publisher of The 19th at the end of 2023 and continue working on The 19th News Network in an advisory director capacity
Richard Sandomir / New York Times:
Ed Fancher, one of the founders of the alternative weekly newspaper The Village Voice and its publisher for 19 years, died on September 27 at age 100
Ashley Carman / Bloomberg:
Podcast company Pushkin Industries lays off 17 of its 54 employees, or 30%+ of its staff in its second round of cuts in 2023, and changes its leadership team
 Earlier Picks: 
Washington Post:
The Supreme Court agrees to hear two cases concerning whether Florida and Texas can restrict social media companies from removing political posts or accounts
Bob Sillick / Editor and Publisher:
A look at Agenda Watch, built by Stanford's Big Local News and which scrapes public agencies' documents to help city hall, police, and school beat reporters