Mediagazer: Sources detail Zuckerberg's sprint to remake Meta after meeting with Trump at Thanksgiving; he no longer wants to keep his views of how Meta should be run quiet (New York Times)

12:40 AM ET, January 11, 2025

Top News:

Sources detail Zuckerberg's sprint to remake Meta after meeting with Trump at Thanksgiving; he no longer wants to keep his views of how Meta should be run quiet — After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta's speech policies.

Josh Wingrove / Bloomberg:

Biden assailed Meta over its move to end third-party fact-checking on its social media platforms in the US, saying “it's really shameful” — - President gives impromptu press conference on Friday evening — Biden looks to defend economic legacy with Trump returning

Discussion: Deadline, New York Post, New York Times, USA Today, Associated Press, NBC News, Washington Examiner, @bdomenech, @aaron.rupar@threads.net and TechCrunch, more at Techmeme »

Angrej Singh / Axios:
Zuckerberg says Meta's fact-checking was “something out of 1984” and criticized the media for hounding Facebook to clamp down on misinfo after the 2016 election

Nate Silver / Silver Bulletin:
Fact-checking has long been a part of every journalist's job, and having some journalists designated as misinformation experts hasn't benefited journalism

Discussion: @gevaertthomas, @arbitrary_user, @patrickberzai3, The Guardian, @mathewingram.com, @nickgillespie, @natesilver538, @stephenbeban, @douglasritz, Reason and freebeacon.com

Greg Stohr / Bloomberg:

SCOTUS signals it is likely to uphold the TikTok divest-or-ban law, as a majority of justices suggested they see national security overriding free speech issues — - Roberts points to parent company's close ties to China — Law would ban TikTok on Jan. 19 if ByteDance doesn't sell

Discussion: Variety, New York Times, @gshans.bsky.social, Android Authority, CNET, New York Daily News, Fast Company, Scientific American, Courthouse News Service, Gizmodo, The Wrap, The Information, 9to5Mac, Associated Press, Ad Age, MacRumors, Joel Bervell on LinkedIn, Washington Post, Skift, Law Dork, @mikeroe.bsky.social, Reuters, HotAir, Townhall, Vox, Adweek, Politico, Wired, @jonbecker.bsky.social, Entrepreneur, Raw Story, Rolling Stone, Al Jazeera, Mother Jones, @loudmouthjulia, Arkansas Advocate, freebeacon.com, HuffPost, @arozenshtein.bsky.social, @ruddock.bsky.social, Forbes, @gshans.bsky.social, @kissphoria.bsky.social, @stevierea.bsky.social, @charliencontext.bsky.social, Wall Street Journal, Semafor, @stevevladeck.bsky.social, @genevievelakier.bsky.social, Knight First Amendment …, NewsNation, AV Club, Deseret News, Poynter, UPI, CBS News, Blue Virginia, Fox News, Newsbusters, Althouse, DV Journal, Kevin Drum, Digital Music News and PhoneArena, more at Techmeme »

Wired:

A live blog where The US Supreme Court heard oral arguments in TikTok's appeal against the divest-or-ban law — We're tuning in live as the justices consider what could be one of the most consequential First Amendment rulings of the past several decades. — The US Supreme Court is expected …

Alex Weprin / The Hollywood Reporter:

Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels — The sports-focused streaming service will not move forward, the companies said Friday. — Venu is dead.

CNBC:
Sources: Venu's cancellation came after the companies decided it was better to avoid the risk of an extended lawsuit that could jeopardize bundling in general

Peter Kafka / Business Insider:
Sources familiar with Fubo's plans say it's likely that Fox will end up licensing its sports programming to the Fubo-Disney JV streaming bundle

Discussion: Forbes, @andrewmarchand, Atlanta Journal-Constitution, @pkafka, Peter Kafka on LinkedIn, @tvgrimreaper, The Media Leader, The Hill, WORLD SCREEN and Reuters

Lucas Shaw / Bloomberg:

Sources: UFC is looking to get more than $1B a year from its next media-rights deal, more than double its current ESPN contract, which goes through 2025's end — - The mixed martial arts league wants to double its media money — Viewership of the UFC has grown over the last decade

Discussion: Awful Announcing, @jackwannan.bsky.social and @kirkmurphy.bsky.social

Brian Steinberg / Variety:

Nexstar's NewsNation and 63 of its stations go dark on Altice cable systems amid a carriage dispute; Altice says Nexstar rejected an interim contract extension — Nexstar said Friday that 63 of its local TV stations had gone dark in 42 markets around the U.S. as a result of a contract disagreement.

Discussion: The Desk, Sphere Entertainment Co., TVNewsCheck, Awful Announcing, New York Post, The Wrap, Radio & Television …, Cord Cutters News, Associated Press, Business Wire, Deadline and Nexstar Media Group, Inc.

Alexandra Bruell / Wall Street Journal:

Sources: The Washington Post's loss in 2024 was roughly 30% greater than the loss a year earlier, as advertising revenue fell to $174M from $190M in 2023 — Financial struggles and concerns over editorial strategy rattle staffers at the Jeff Bezos-owned publication; rivals poach top talent

Discussion: @alexbruell, @tvgrimreaper and @alexbruell

Denny Jacob / Wall Street Journal:

Former WWE boss Vince McMahon reaches a $1.7M settlement with the SEC over his failure to properly disclose payments linked to sexual misconduct allegations — Wrestling entrepreneur settles charges he failed to properly disclose payments to women alleging sexual misconduct

Rick Edmonds / Poynter:

Sarah Leach, who was fired by Gannett for talking to Poynter about staffing levels, launches the Ottawa News Network with help from the Tiny News Collective — Sarah Leach, who was fired for talking to a Poynter columnist, launched the nonprofit Ottawa News Network with backing from local sponsors

Discussion: Nick Reynolds on LinkedIn, @dankennedy.net, @localnewsini and @poynterinstitute.bsky.social

Erik Hayden / The Hollywood Reporter:

Disney commits $15M to various relief efforts following the fires in Los Angeles, and Paramount Global says it will donate $1M to relief organizations — Studios are mobilizing their own response efforts amid the devastation; Paramount Global commits $1 million to multiple nonprofits.

Discussion: Variety, The Desk, Los Angeles Times, TVNewsCheck, The Mirror US, The Wrap, Inland Valley Daily Bulletin, Deadline, ABC7, Adweek and MyNewsLA.com

Cecilia D'Anastasio / Bloomberg:

More than half a dozen celebrity video game streamers returned exclusively to Twitch in 2024, after their multimillion-dollar YouTube and Kick contracts expired — YouTube, Kick offered multimillion-dollar deals but viewers didn't necessarily follow. — Video-game influencers are returning …

Discussion: Simon Owens's Media Newsletter, @cecianasta and Dexerto, more at Techmeme »

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Oliver Darcy / Status:
Memo: WaPo Opinion editor David Shipley defended his decision to kill Ann Telnaes' cartoon critical of Bezos, saying he didn't feel the cartoon “was strong”

Discussion: Columbia Journalism Review, @oliverdarcy.bsky.social and @benmullin

James Salanga / The Objective:
Advance Local closes Reckon News, which focused on topics like climate and racial justice and reproductive rights; it grew out of Alabama's AL.com in 2017

Discussion: @sarahscire, @sarahscire, @annabelrocha93 and @mattderienzo

Aisha Counts / Bloomberg:
Sources: OpenAI, Google, and other companies are collectively paying hundreds of content creators for access to their unpublished videos to train AI models

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Ben Smith / Semafor:
Vogue Arabia's publisher Nervora filed a US lawsuit last summer claiming Condé Nast improperly terminated their licensing arrangement

Discussion: MediaPost

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Alex Weprin / The Hollywood Reporter:
Apple releases season 1 of Severance, one of its biggest TV shows, on the free Roku Channel to lure new Apple TV+ subscribers; the promotion ends on January 19

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Reuters Institute:
Reuters Institute global survey of media leaders: 41% are confident about journalism prospects in 2025, 74% worry about a decline in search referrals, and more

Discussion: Rasmus Kleis Nielsen on LinkedIn, Jeff Jarvis on LinkedIn, Federica Cherubini on LinkedIn, @klingebeil.bsky.social and Press Gazette

From Techmeme:

Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement to form a joint venture that will operate Intel's chipmaking facilities; TSMC will take a 20% stake

Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Amazon closed down 9%, Meta 9%, Nvidia 7.8%, Alphabet 3.9%, and Microsoft 2.4%

Will Oremus / Washington Post:
An increasingly vocal contingent of GOP leaders, some of whom attended Y Combinator's Little Tech Competition Summit, call for antitrust action against Big Tech

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