Top News:
Daniel Thomas / Financial Times:
The Scott Trust approves the sale of The Observer to Tortoise, despite two days of strikes by Guardian and Observer staffers against the deal — Scott Trust backs deal with digital start-up after conditions introduced to address fears among newspaper's staff
Discussion:
The Guardian, Press Gazette, Sky News, @rasmus_kleis, @adamsherwin10, Associated Press, @writesbright.bsky.social, @nicolelampert, @charlottetobitt, @davidfolkenflik, @writesbright.bsky.social, @jackcarterbenjamin …, @paulconvery.bsky.social, @simonharries3, London Evening Standard, @suladoyle, Le Monde, Tortoise, @nujofficial, @danielthomasldn, Reuters, @pkelso, Bloomberg, @josiah.writes.news, New York Times, @benansell.bsky.social, BBC, Semafor, @suzanne_moore, @jeffjarvis.bsky.social, @jackcarterbenjamin …, The i Paper, National Union of Journalists …, The Daily Beast and Australian Financial Review
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Dominic Ponsford / Press Gazette:
Guardian Media Group chair Charles Gurassa says the Tortoise investment plan is “the best way forward” and it will end the “inevitable decline” of Observer — Guardian Media Group chair Charles Gurassa has written an open letter explaining the rationale for selling The Observer to Tortoise Media.
Discussion:
@pressgazette.co.uk and Tortoise
Dominic Ponsford / Press Gazette:
Guardian and Scott Trust leaders faced staff fury over the Observer sale; the Scott Trust plans to invest £5M in the new Tortoise/Observer business — Guardian and Scott Trust leaders faced furious staff this morning as they answered questions about the plan agreed last night to sell The Observer to Tortoise Media.
Discussion:
The Guardian, The Media Leader, Australian Financial Review, Sky News, The New European, @carolecadwalla.bsky.social, @eduardosuarez.bsky.social, The Independent, @stevebasnett.bsky.social, @pressgazette.co.uk, @dominicponsford.bsky.social, @charlottetobitt.bsky.social, @pressgazette, @pressgazette, New Statesman, RTÉ and The i Paper
Jacob Gershman / Wall Street Journal:
TikTok still faces a US ban if not sold by January 19, after a federal appeals court ruled that Congress has the power to take action to protect US interests — Panel rules Congress has the power to shut down Chinese-backed app in the U.S. because of national security concerns
Discussion:
United States Court of Appeals, Engadget, Adweek, Ad Age, Reuters, The Wrap, Reuters, @tiktokpolicy, New Jersey Monitor, RedState, SFist, TVNewsCheck, TechCrunch, Variety, Devin DeBacker on LinkedIn, CNBC, Forbes, UPI, Washington Times, New York Times, Gizmodo, NBC News, Plain Dealer, Washington Examiner, Wired, BBC, The Hollywood Reporter, South China Morning Post, Nikkei Asia, Business Insider, Washington Post, The Information, Axios, The Verge, Politico, CBS News, 9to5Mac, Reclaim The Net, @wendyndavis, @kurtwag8@threads.net, Retail TouchPoints, @danprimack, @lauren.rotatingsandwiches.com, @digiphile, @drewharwell, @zsk, @kyurieff, @anthonymkreis.bsky.social, @committeeonccp, @trevorcroker@threads.net, @trevorcroker@threads.net, @swiftstories, @margarita.bsky.social, Semafor, ZeroHedge News, @daphnehk, @margarita.bsky.social, @kyurieff, @drewharwell, @rabois, @mjsdc.bsky.social, Rolling Stone, The Post Millennial, Bloomberg, freebeacon.com, Deadline and Barron's Online, more at Techmeme »
Charlotte Tobitt / Press Gazette:
The BBC stopped publishing financial market data on its website, app, or TV red button service on November 26 as part of its cost-saving drive — The BBC is no longer publishing financial market data on its website, app or TV red button service as part of its cost-saving drive.
Discussion:
BBC and @hawthornesjj
Local News Initiative:
Analysis: Trump won 91% of counties lacking a professional local news source; residents there tend to be less educated, poorer, and reliant on national media — But what does this election-result correlation mean? — Donald Trump won the 2024 election with one of the smallest popular-vote margins …
Discussion:
Balloon Juice, TVNewsCheck, @jwmjournalist, @jmhaigh, @farhip, @jmhaigh, @localnewsini, Political Wire, Palo Alto Online and Michigan Advance
Harry Litman / Talking Feds Substack:
LA Times op-ed contributor Harry Litman resigns, saying he's protesting the “repugnant and dangerous” actions to appease Trump by owner Dr. Patrick Soon-Shiong — I have been a contributor to the Los Angeles Times op-ed page in some fashion for more than 15 years.
Discussion:
CNN, The Hill, The Wrap, New York Times, The Guardian, New York Post, L.A. Times Guild, @timkarr.bsky.social, Fox News, Poynter, @harrylitman.bsky.social, freebeacon.com, Status, @388shark.bsky.social, @acyn.bsky.social, @bluepolitico.bsky.social, @chanda.bsky.social, The Hollywood Reporter, HotAir, Mediaite, @limeylizzie.bsky.social, @clarajeffery.bsky.social, @xiomaraanijar.bsky.social, John Robinson on LinkedIn, @cdarwin@c.im, @bespacific@newsie.social, @reedfrich.bsky.social, @kristianc.bsky.social, @dinoridgeway.bsky.social, @explodingarrow.bsky.social, @jennaprice.bsky.social, @cpotterpgh.bsky.social, @caleweissman.bsky.social, @mommamia.bsky.social, @eddieperez.bsky.social, @jobmaynooth.bsky.social, @juddlegum.bsky.social, @athul.acharya.cc, @jenvictor.bsky.social, @passantino.bsky.social, @GottaLaff@mastodon.social, Political Wire, @erinmcunningham.bsky.social, @dahlialithwick.bsky.social, @peternickeas.bsky.social, @andreapitzer.bsky.social, @spqesq.bsky.social, @adgwatches.bsky.social, @jayrosen.bsky.social, Alternet.org, @stacey_campbell@aus.social, @sababausa.bsky.social and The Wrap
Kathleen Kingsbury / The New York Times Company:
Paul Krugman, the Nobel Prize-winning opinion columnist who has worked at The New York Times for nearly 25 years, plans to retire at the end of 2024 — After nearly 25 years as an Opinion columnist, Paul is signing off. — I want to take you back to Jan. 2, 2000, a day when Y2K …
Discussion:
HotAir, @smotus.bsky.social, @citizencohn.bsky.social, Mediaite, @notjessewalker.bsky.social, @jonmladd.bsky.social, @meredithshiner.com, @pkrugman.bsky.social, @mbkplus.bsky.social, @mattzeitlin, @owillis.bsky.social, @ddayen.bsky.social, @dylanmatt.bsky.social, @trungtphan, @thestalwart and Instapundit
Mark Stenberg / Adweek:
Sources: Condé Nast lays off some top executives including VPs and SVPs in marketing and sales, along with key staff in events, social media, and editorial jobs — The cuts come as the company combines its commercial and consumer revenue teams — The digital media company Condé …
Christian Blauvelt / IndieWire:
Max expands its Turner Classic Movies hub, adding hundreds of classic films starring Mickey Rooney, Humphrey Bogart, Elizabeth Taylor, and more — Exclusive: Warner Bros. Discovery is extending its commitment to the Turner Classic Movies brand on Max in a way that should please film history aficionados.
Washington Post:
Fox News feted Donald Trump at Fox Nation's annual awards show, naming him “Patriot of the Year”, highlighting the influential role the network could play — Sean Hannity and other Fox News stars feted Donald Trump at Fox Nation's annual awards show, highlighting the influential role the network is poised to play.
Discussion:
Adweek, The Guardian, Mediaite, RedState, The Wrap, The Gateway Pundit, @brianstelter, @richardhanania, @foxnews, Associated Press, USA Today, News-Press NOW, Fox News, TVNewsCheck and New York Post
CNBC:
An interview with the FCC's Brendan Carr, on media cross-ownership rules, content moderation, NewsGuard, re-examining broadcast license requirements, and more — Following is the unofficial transcript of a CNBC exclusive interview with FCC Commissioner & & President-Elect Trump's Pick …
Discussion:
Business Insider, Radio & Television …, @trumpwarroom and NewsGuard's Reality Check, more at Techmeme »
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