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10:00 AM ET, November 22, 2024

Mediagazer

 Top News: 
The New York Times Company:
The New York Times names Dick Stevenson as Washington bureau chief; Stevenson has been at the paper for nearly 40 years and Washington editor since 2021  —  Dick, who embodies the mission of producing independent journalism, brings decades of experience to the role.
Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”  —  The company is home to more than 25 brands in the U.S. including Elle, Esquire, Cosmopolitan, Harper's Bazaar and Town & Country.
Ayodeji Rotinwa / Columbia Journalism Review:
A look at the Agora Center for Research, a Ugandan newsroom sitting between activism and investigative reporting, posting its work on various social media sites  —  Reporting that pops up in different media, documents as proof, and crowdsourced investigations have revealed corruption.
Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming  —  SCOOP: TV's ‘safe space for liberals’ is about to reshuffle its stars as the network re-ups its marquee name under a tough new spinoff-ready reality
Mark Sweney / The Guardian:
National World, one of the UK's biggest newspaper groups, gets a £56.2M buyout offer from shareholder Media Concierge, a 40% premium to its Nov. 21 stock price  —  Media Concierge submits £56.2m cash offer for National World, underbidder in the auction for the Telegraph titles
Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency  —  Federal Communications Commission Chairwoman Jessica Rosenworcel announced today that she will leave the agency on January 20, 2025, the day of President-elect Donald Trump's inauguration.
Max Goldbart / Deadline:
The English Premier League ends its content partnership with IMG and plans to bring content production and distribution in-house in 2026  —  The UK's Premier League soccer is to start producing and distributing its own content for the first time in two decades after ending its partnership with IMG.
Discussion: Advanced Television
David Spector / New York Post:
Email: WaPo senior politics editor Dan Eggen says he was told Monday that he will “be removed” at the end of 2024, and “will leave it to others to explain why”  —  The Washington Post abruptly removed its politics editor without giving him a reason for the decision …
Maxwell Zeff / TechCrunch:
Texas' AG opens a probe into the World Federation of Advertisers to find if it conspired to boycott “certain social media platforms”; X sued the WFA in August  —  Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers …
The New York Times Company:
Elisabeth Bumiller, the NYT's Washington bureau chief since 2015 and nearly a 30-year NYT veteran, is stepping down to return to writing and reporting  —  Elisabeth, incomparable Washington bureau chief since 2015, has decided to return to writing and reporting.
Parker Herren / Ad Age:
SMBs turn to Disney, Paramount, and Peacock's ad platforms; VAB: in H1 2024, 169 advertisers bought national TV ads for the first time and 67% spent <$500K  —  New-to-TV brands predict a ‘renaissance’ for growing businesses through streaming ads  —  As traditional TV networks shift …
Discussion: MediaPost
Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer  —  Pay television provider DirecTV on Thursday officially announced it will terminate its agreement to acquire rival satellite company Dish Network and its streaming service Sling TV from Echostar this week.
 
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 More News: 
Bron Maher / Press Gazette:
Reach's audience director says Google's Discover feed has become Reach's single largest traffic referral source, mostly promoting “soft-lens” content
Catherine McGrath / Fortune:
Las Vegas-based Monkey Tilt, which combines online gambling with a chat function and content made by influencers, raised a $30M Series A led by Pantera
Megan Graham / Wall Street Journal:
Ad software company Mediaocean buys Innovid, an ad tech company focused on CTV, for $500M; Innovid had a market cap of ~$240M at market close on November 20
 Earlier Picks: 
Lauren Forristal / TechCrunch:
Tubi launches Scenes, a mobile feature that lets viewers watch 60-to-90-second trailer-style clips from its library to help with content discovery
John Gruber / Daring Fireball:
Substack, very deliberately, tries to have it both ways by saying publications on their platform are independent while presenting them all as parts of Substack
Bloomberg:
The DOJ's proposal would require Google to divest from AI partnerships, like with Anthropic, and ban Google from offering exclusive deals to content providers
Charlie Savage / New York Times:
Trump says Republicans must kill the PRESS Act, which would protect journalists' records and sources from the US government; the bill is stalled in the Senate
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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