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, @rasmus_kleis, @nicolelampert, @davidfolkenflik, @boothbygraffoe.bsky.social, @suladoyle, @pkelso, @suzanne_moore, Sky News, @simonharries3, @nujofficial, @charlottetobitt, @benansell.bsky.social, @adamsherwin10, @danielthomasldn, @writesbright.bsky.social, Reuters, Semafor, London Evening Standard, @jeffjarvis.bsky.social, @paulconvery.bsky.social, New York Times, Associated Press, Le Monde, @josiah.writes.news, @writesbright.bsky.social, Tortoise, BBC, @jackcarterbenjamin …, Bloomberg, @jackcarterbenjamin …, The i Paper, National Union of Journalists … and The Daily Beast
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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:
The Guardian 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 Media Leader, @pressgazette, @pressgazette, Sky News, The Guardian, Australian Financial Review, @dominicponsford.bsky.social, @carolecadwalla.bsky.social, @pressgazette.co.uk, @stevebasnett.bsky.social, @pressgazette.co.uk, @eduardosuarez.bsky.social, @charlottetobitt.bsky.social, New Statesman, The Independent, The New European, 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, Fast Company, @tiktokpolicy, CBS News, Reuters, Associated Press, Bangor Daily News, @wendyndavis, New Jersey Monitor, @danprimack, @digiphile, SFist, @drewharwell, @zsk, @kyurieff, @committeeonccp, Washington Times, @swiftstories, HotAir, @daphnehk, The Gateway Pundit, @kyurieff, @chup.blakereid.org, Le·gal In·sur·rec·tion, @drewharwell, @rabois, Investor's Business Daily, RedState, Adweek, CNBC, Devin DeBacker on LinkedIn, @margarita.bsky.social, @margarita.bsky.social, Forbes, UPI, Reclaim The Net, The Wrap, @trevorcroker@threads.net, @trevorcroker@threads.net, Gizmodo, NBC News, Plain Dealer, Retail TouchPoints, Washington Examiner, Wired, BBC, ZeroHedge News, South China Morning Post, Nikkei Asia, Business Insider, TechCrunch, Washington Post, The Information, Axios, Variety, @lauren.rotatingsandwiches.com, The Verge, 9to5Mac, @kurtwag8@threads.net, New York Times, Politico, @anthonymkreis.bsky.social, @mjsdc.bsky.social, Ad Age, Rolling Stone, The Post Millennial, Semafor, TVNewsCheck, Voice of America, freebeacon.com, Bloomberg, Deadline, Daily Kos and Barron's Online, more at Techmeme »
Gene Maddaus / Variety:
CBS files to dismiss or at least transfer Trump's $10B lawsuit over 60 Minutes' editing of its Kamala Harris interview to the SDNY, citing 1A protections — Trump sued in the waning days of the presidential campaign, claiming that Harris' interview had been deceptively edited to make her appear “coherent and decisive.”
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
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.
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 …
Meduza:
Russian investigators have charged iStories EIC Alesya Marokhovskaya with failing to comply with rules for “foreign agents” and raided her parents' home — Federal investigators in Russia's Magadan region have charged iStories editor-in-chief Alesya Marokhovskaya with the felony offense …
Discussion:
@kevinrothrock@infosec …
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:
@carterd.bsky.social, @AkaSci@fosstodon.org, @citizencohn.bsky.social, @mattzeitlin, RedState, @mattyglesias.bsky.social, @trungtphan, @thestalwart, HotAir, @smotus.bsky.social, Mediaite, @dylanmatt.bsky.social, @notjessewalker.bsky.social, @meredithshiner.com, @jonmladd.bsky.social, @ddayen.bsky.social, @owillis.bsky.social, @mbkplus.bsky.social, @pkrugman.bsky.social, LewRockwell and Instapundit
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, @trumpwarroom, NewsGuard's Reality Check and Radio & Television …, more at Techmeme »
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.