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4:45 PM ET, October 2, 2023

Mediagazer

 Top News: 
Todd Spangler / Variety:
Paris Hilton and her company 11:11 Media sign a partnership with X to create four original video content programs per year to promote X's Live Shopping product  —  Paris Hilton is getting her X on.  —  The influencer and entrepreneur — who has 16.6 million followers on X …
Katie Kilkenny / The Hollywood Reporter:
Sources: Ted Sarandos, David Zaslav, Bob Iger, and Donna Langley are attending Monday's negotiating session with SAG-AFTRA, raising hopes for a quick resolution  —  Four leaders that expedited talks with the Writers Guild of America will be present at the union's headquarters on Monday.  —  They're back.
RELATED:
Ellie Rushing / The Philadelphia Inquirer:
Police say freelance journalist Josh Kruger was shot and killed inside his Philadelphia home at age 39; Kruger wrote for The Philadelphia Inquirer and others  —  A Philadelphia journalist was shot and killed inside his Point Breeze home overnight, police said, after a person with a gun entered …
Lucas Shaw / Bloomberg:
Jeff Zucker acquires a minority stake in newsletter startup Front Office Sports; source: the deal values the startup at ~$40M, up from $25M at the end of 2021  —  - The sports business outlet is now valued at about $40 million  — Zucker will become co-chairman of the company's board
Sara Fischer / Axios:
The Philadelphia Inquirer launches a seven-figure ad campaign aimed at millennials; all five major Philadelphia sports teams agreed for their logos to be used  —  The Philadelphia Inquirer is launching its first major ad campaign in decades, its publisher and CEO Lisa Hughes told Axios …
Carly Thomas / The Hollywood Reporter:
California Governor Gavin Newsom vetoes a WGA- and SAG-AFTRA-backed bill that would have given unemployment benefits to striking workers like writers and actors  —  The legislation was an attempt by Democratic state lawmakers to help striking actors, writers and Southern California hotel workers.
Laura Wagner / Washington Post:
A profile of More Perfect Union, a nonprofit labor-advocacy publication with a $5.5M annual budget, 28 employees, and a video-first approach on social media  —  In behind-the-scenes planning talks, More Perfect Union played a role in the president's visit to a picket line.
Jordan Moreau / Variety:
The Golden Globes adds 11 members, bringing its voting body to 300 people that represents 76 countries and is 47% female and 60% racially and ethnically diverse  —  The Golden Globes has added 11 new members, bringing its total voting body to 300 people and 60% diversity, the organization announced Monday.
Phyllis Zorn / Marion County Record:
The mayor of Marion, Kansas suspends police chief Gideon Cody, six and a half weeks after he led the raid on the Marion County Record  —  Six and a half weeks after raids on the Marion County Record — and six weeks after warrants for those raids were taken back — Marion mayor David Mayfield has suspended police chief Gideon Cody.
 
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 More News: 
Reuters:
Vertex, a SPAC backed by Singapore's Temasek, plans to acquire live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable
New York Times:
The number of fact-checking sites has declined worldwide, as social media platforms reduce disinformation efforts and false AI content keeps fact-checkers busy
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”
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
 Earlier Picks: 
Mark Kleinman / Sky News:
Sources: Axel Springer notified Goldman Sachs of its desire to participate in a forthcoming auction for The Daily Telegraph and The Sunday Telegraph newspapers
Wall Street Journal:
The WGA's pact with studios and streaming services represents a formal end to “peak TV”, a decade that saw an explosion of viewer programming and Hollywood jobs
Andre Rhoden-Paul / BBC:
Ofcom opens an investigation into GB News' Dan Wootton Tonight show after Laurence Fox misogynistically insulted journalist Ava Evans, sparking 7,300 complaints
Manish Singh / TechCrunch:
Saregama, one of India's largest music labels, acquires a 51.82% stake in Pocket Aces, which produces short-form video content aimed at young Indians, for ~$20M
 

 
From Techmeme:

Jason Schreier / Bloomberg:
Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division

Dallin Grimm / Tom's Hardware:
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI

Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor
 
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