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12:15 PM ET, December 12, 2023

Mediagazer

 Top News: 
Ted Johnson / Deadline:
Sports Illustrated publisher The Arena Group announces the termination of CEO Ross Levinsohn and names 5-Hour Energy founder Manoj Bhargava as its interim CEO  —  - Anderson Cooper And Andy Cohen To Return For CNN's New Year's Eve Special; Sara Sidner and Cari Champion Tapped As Co-Hosts
Gene Park / Washington Post:
The ESA shuts down the Electronic Entertainment Expo, or E3, after new competitors, partner withdrawals, changing audience habits, and more; E3 began in 1995  —  The collapse ends years of attempts to revive the event that once dominated the industry  —  The Electronic Entertainment Expo …
David W. Dunlap / New York Times:
Anto Antony / Bloomberg:
Sources: Disney and Reliance are expected to sign a non-binding pact as early as December 18 to merge their media operations in India in a cash-and-stock deal  —  - Ambani's group to own majority stake in the new media entity  — Non-binding deal terms likely to be signed on Monday: sources
Naman Ramachandran / Variety:
To comply with India's FDI rules, four BBC staff quit and form Collective Newsroom, which the BBC will commission to produce six Indian language services  —  Four BBC India staff members have quit and formed a new entity, Collective Newsroom, in order to comply with India's strict foreign direct investment (FDI) in media rules.
Caitlin Huston / The Hollywood Reporter:
Spotify partners with Warner Bros. Discovery to host and distribute some podcasts from WBD, including CNN and HBO shows, and become a WBD monetization partner  —  Podcasts in the partnership include CNN's ‘All There Is with Anderson Cooper’ and HBO's ‘The Official Game of Thrones Podcast: House of the Dragon.’
Discussion: Radio Ink
Financial Times:
Sources: RedBird IMI is in advanced talks with Warner Bros. Discovery and Liberty Global to acquire UK TV and film producer All3Media in a deal worth ~£1B  —  Zucker-Cardinale investment group leads rivals circling the ‘Fleabag’ and ‘Call the Midwife’ producer
Discussion: The Guardian, Variety and Reuters
Georg Szalai / The Hollywood Reporter:
Liberty Media's LSXM combines with SiriusXM to form a new public company, called New SiriusXM, which will continue to operate under the SiriusXM brand  —  “This combination will create value for all stockholders by eliminating the tracking stock structure” and “enhancing liquidity.”
Bron Maher / Press Gazette:
Chinese state broadcaster CGTN, banned in the UK in February 2021, appears to have set up an agency to distribute free video news packages pushing China's goals  —  AMSP claims to have 600 partner newsrooms using its content.  —  Chinese state broadcaster CGTN is distributing free professional …
Aisha Malik / TechCrunch:
Snapchat+ subscribers can now make and send AI generated images based on a text prompt and add pictures of friends into Dream, its generative AI selfie feature  —  Snapchat is releasing a few new AI powered features for Snapchat+ subscribers, the company announced on Tuesday.
Discussion: Snap Newsroom
 
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 More News: 
Caitlin Huston / The Hollywood Reporter:
Tubi expands its partnership with Warner Bros. Discovery to add more DC titles, offer series on-demand, and launch 10 FAST channels with Warner Bros. content
Todd Spangler / Variety:
Apple redesigns Apple TV in iOS 17.2 and tvOS 17.2 with a sidebar that unifies content; iTunes now redirects users searching for shows and movies to Apple TV
David Shepardson / Reuters:
A US judge upholds Texas' TikTok ban on state devices, rejecting a lawsuit filed by The Knight First Amendment Institute at Columbia University in July 2023
Nellie Andreeva / Deadline:
Disney and Netflix are finalizing a deal to share Grey's Anatomy across Disney+/Hulu and Netflix, and have Disney license 14 TV series to Netflix for 18 months
 Earlier Picks: 
Todd Spangler / Variety:
Paramount Global plans to rebrand the linear Showtime cable network as Paramount+ With Showtime, the same name as its top streaming tier, on January 8, 2024
Hannah Giles / @hannahmgiles:
Project Veritas CEO Hannah Giles quits after finding “evidence of past illegality and past financial improprieties”; Giles replaced James O'Keefe in June 2023
Jake Kanter / Deadline:
Sources: BBC News plans to hire its first royal editor to capitalize on soaring monarchy interest; royal correspondent Nicholas Witchell plans to retire in 2024
Alex Sherman / CNBC:
Sources: Altice USA is in talks to sell Cheddar News to private equity firm Regent; Altice paid $200M for Cheddar in 2019 and may be compensated via an earn-out
Alex Weprin / The Hollywood Reporter:
Tucker Carlson launches the Tucker Carlson Network, or TCN, a $9-per-month streaming video service with access to “5 brand-new shows, speeches, films, and more”
 

 
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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