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, Reuters, Semafor, @benansell.bsky.social, Associated Press, London Evening Standard, New York Times, Le Monde, @rasmus_kleis, @adamsherwin10, @writesbright.bsky.social, @nicolelampert, @charlottetobitt, @davidfolkenflik, @writesbright.bsky.social, @jackcarterbenjamin …, @paulconvery.bsky.social, @simonharries3, @suladoyle, Tortoise, @nujofficial, @danielthomasldn, @pkelso, Bloomberg, @josiah.writes.news, BBC, @suzanne_moore, @jeffjarvis.bsky.social, @jackcarterbenjamin …, The i Paper, National Union of Journalists …, @inews.co.uk, 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:
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.
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, Adweek, The Wrap, MediaPost, @tiktokpolicy, TVNewsCheck, New York Times, Variety, Billboard, TechCrunch, Ad Age, Washington Times, Forbes, UPI, @margarita.bsky.social, @margarita.bsky.social, Gizmodo, Reclaim The Net, Plain Dealer, @trevorcroker@threads.net, @trevorcroker@threads.net, @kyurieff, Washington Examiner, @rabois, Wired, BBC, @swiftstories, @danprimack, Retail TouchPoints, @drewharwell, Rolling Stone, South China Morning Post, @digiphile, Nikkei Asia, The Hollywood Reporter, @zsk, @committeeonccp, Business Insider, The Information, Washington Post, The Verge, Axios, CBS News, Politico, Reuters, @kyurieff, ZeroHedge News, The Post Millennial, 9to5Mac, @wendyndavis, @kurtwag8@threads.net, @lauren.rotatingsandwiches.com, Semafor, @daphnehk, @drewharwell, freebeacon.com, Bloomberg, Deadline, Barron's Online and CNBC, more at Techmeme »
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:
Radio & Television …, @trumpwarroom and NewsGuard's Reality Check, more at Techmeme »
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 …
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 …
Discussion:
@rainesford, @simondowens@threads.net, @charlottetklein, @markstenberg3, The Desk, The Wrap and The Hollywood Reporter
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
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:
Mediaite, The Wrap, RedState, @brianstelter, The Gateway Pundit, @richardhanania, @foxnews, Associated Press, USA Today, News-Press NOW, Fox News, New York Post and TVNewsCheck
Charlotte Tobitt / Press Gazette:
The Mail on Sunday apologizes and says it has paid “substantial” damages to a doctor and academic wrongly portrayed as “statin deniers” in a series of articles — The publisher of the Mail on Sunday has apologised and paid “very substantial” damages to a doctor …
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, New York Times, The Guardian, New York Post, Fox News, The Wrap, @harrylitman.bsky.social, freebeacon.com, @timkarr.bsky.social, Poynter, L.A. Times Guild, 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
Charlotte Klein / New York Magazine:
Eleven high-profile staffers have left Politico since March, some apparently chafing at what insiders describe as a meddlesome editorial process by Alex Burns — Politico has always been defined by its scrappy, high-pressure newsroom culture. In its almost 18 years of existence …
Discussion:
@simondowens@threads.net, @jakewilkns, @neontaster and @meredithshiner.com
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