Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
12:55 AM ET, August 10, 2024

Mediagazer

 Top News: 
Yasmin Rufo / BBC:
The BBC asks Huw Edwards to return the £200K+ in salary he made between his November arrest and his April resignation; BBC Chair says he “behaved in bad faith”  —  Huw Edwards has been asked to return his salary paid since his arrest, with the BBC chair telling staff the ex-presenter acted in “bad faith”.
Charlotte Tobitt / Press Gazette:
A £350M bid for The Telegraph by ad mogul Maurice Saatchi and Lynn Forester de Rothschild fails to make it to a second round in the auction run by RedBird IMI  —  Sir Paul Marshall reported to be the frontrunner for The Spectator.  —  Former advertising mogul Lord Saatchi has had a £350m bid to buy The Telegraph rejected.
Discussion: Sky News and Financial Times
Todd Spangler / Variety:
Crooked Media and the union representing its workers say they reached a contract deal, and the union has withdrawn a union-busting claim against the company  —  Crooked Media and the union representing workers at the progressive media company, which is behind popular show “Pod Save America …
Nellie Andreeva / Deadline:
Sources: Hearst Television lays off dozens of employees working for its free streaming service Very Local, which launched in 2021, serving 26 US markets  —  Hearst Television has let go of dozens of employees working for its streaming service Very Local, sources tell Deadline.
Discussion: The Desk and TVNewsCheck
Eva Dou / Washington Post:
Truth Social parent TMTG, which has a $5B market cap, reports Q2 revenue down 30% YoY to $837K and a net loss of $16.4M; Trump owns 59.9% of TMTG's common stock  —  Donald Trump's company, which operates Truth Social, said it earned $837,000 in quarterly revenue.
Todd Spangler / Variety:
WBD pulls the contents of cartoonnetwork.com, which featured full CN episodes and video clips, and redirects visitors to sign up for Max  —  Cartoon Network has been scrubbed from the web. … The shuttering of the site appears to have happened Thursday, Aug. 8.
Rani Molla / Sherwood News:
Q&A with Wikimedia Foundation executives on how AI could make knowledge more accessible to people, the risk that AI may impact its volunteers' engagement, more  —  We spoke with Wikipedia executives who told us AI could jeopardize the encyclopedia's connection with the volunteers who create it.
Discussion: Diff
Natalie Korach / The Wrap:
Paramount sells entertainment news websites ComicBook and PopCulture to Savage Ventures, which created a joint venture to relaunch Vice digital properties  —  This comes after Paramount Global's newly appointed co-CEOs detailed a plan including $500 million in cost cuts
Rishav Chatterjee / Reuters:
News Corp puts its 65% interest in Australian pay TV company Foxtel up for sale, citing third-party interest and a strategic review  —  Australian pay television company Foxtel, controlled by the Murdoch family and partly by local telecom firm Telstra (TLS.AX), has been put …
RELATED:
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 12:55 AM ET, August 10, 2024.

View the current page or another snapshot:


 
 Who's Hiring in Media? 
 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Reuters:
Venezuelan President Nicolas Maduro blocks X in the country for 10 days, accusing Elon Musk of using X to incite hate after Venezuela's disputed election
The Hollywood Reporter:
A look at the battle among streamers for stand-up comic specials, as Amazon, Hulu, and Max challenge Netflix's dominance of the genre
Discussion: AV Club and TVNewsCheck
 Earlier Picks: 
Todd Spangler / Variety:
Lionsgate reports a Q1 net loss of $59.4M vs. a $70.7M net loss a year ago and revenue down 8% YoY to $834.7M vs. $857.5M est.; Starz shed 500K subscribers
 

 
From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page