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10:10 AM ET, December 9, 2015


 Top News: 
Vindu Goel / New York Times:
Yahoo scraps Alibaba spinoff plan, will spin off core assets including stake in Yahoo Japan; Max Levchin resigns from board  —  Yahoo to Spin Off Its Core Businesses  —  SAN FRANCISCO — Yahoo said on Wednesday that it had dropped a plan to spin off its $31 billion stake in Alibaba, the Chinese e-commerce company.
Bloomberg Business:
CBS CEO Les Moonves says Apple puts live TV plans on hold; source says media firms want more money for their programming  —  Apple Said to Suspend Effort to Develop Live TV Service  —  Focus instead will be on App Store as platform for others  —  Media companies resist channel package at $30 to $40 a month
Hannah Karp / Wall Street Journal:
Sources: Spotify to test allowing some musicians to temporarily withhold music from ad-supported version of the service  —  Spotify to Allow Some Musicians to Withhold Music From Free Service  —  Last year Taylor Swift pulled her entire catalog from Spotify because the streaming service …
Oliver Darcy / The Blaze:
Leaked Memo: BuzzFeed Editor-In-Chief Says It's ‘Entirely Fair’ to Call Trump a ‘Mendacious Racist’  —  BuzzFeed Editor-In-Chief Ben Smith wrote in an email to his editorial staff Tuesday that calling Republican frontrunner Donald Trump a racist on social media does not violate the company's ethics guidelines.
Arianna Huffington / The Huffington Post:
Arianna Huffington announces The Huffington Post will no longer relegate Trump to its entertainment section, noting his impact on other candidates
Lukas I. Alpert / Wall Street Journal:
Tribune Media Invests $25 Million in Dose and OMGFacts  —  Venture founded by Emerson Spartz specializes in identifying, creating viral content  —  Emerson Spartz began his media career with the Harry Potter blog he created at the age of 12.  Fast forward 16 years and he is still channeling …
Paul Farhi / Washington Post:
Diane Rehm, host of her self-titled news show that aired nationally on NPR for two decades, plans to retire after 2016 election  —  Diane Rehm, an NPR staple, eyes retirement from broadcasting  —  Diane Rehm, the host of one of public radio's longest-running and most popular news discussion programs …
Paresh Dave / Los Angeles Times:
ESports video streamer Azubu gets nearly $60 million in debt sale  —  Azubu is competing with Twitch and YouTube to be the go-to app for watching people compete in video games.  —  Azubu Inc. is taking on Twitch and YouTube.  Those two huge online distributors of video about video games have deep pockets.
Discussion: VentureBeat, Forbes and Fortune
Mike Shields / Wall Street Journal:
Sources: some media firms are pulling back from syndicating videos with AOL On network, uncertain where their videos appear  —  AOL On's Video Distribution Troubles Media Partners  —  Network syndicates 2.5 million videos from media companies to place on websites
Peter Kafka / Re/code:
Apple News app updates with a Top Stories tab curated by editors and adds ComScore integration so publishers can get credit from advertisers for traffic  —  Apple Updates Its News App to Make It More Like a ... Newspaper  —  Apple is tweaking its News app, with hopes of making …
Mark Sweney / Guardian:
Time Out to cut about 40 staff in UK and US  —  Listings title aims to focus on digital as it becomes a global multimedia business  —  Time Out is to cut about 40 staff at its UK and US operations as part of a strategic refocus of the listings magazine into a global multimedia business.
Dana Rubinstein / Politico:
Port Authority to weigh $25M in incentives for 21st Century Fox and News Corp at 2 World Trade Center; firms would commit to 1.5M square feet for 30 years  —  Port and New York State consider subsidizing News Corp. lease  —  New York State and the Port Authority are considering giving …
Mark Scott / New York Times:
Europe to create a digital single market in which digital content can be temporarily viewed throughout the EU regardless of European country of purchase  —  Europe Plans to Ease Copyright Rules on Using Digital Content  —  Europe's policy makers on Wednesday will announce far-reaching plans …
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 More News: 
Beatrice Verhoeven / The Wrap:
Mashable to Distribute First Feature Film “CodeGirl”
Discussion: PRWeb, Tubefilter and The Drum
Jessica Hullinger / Fast Company:
New “Arctic Deeply” Site Will Detail The Ramifications Of Melting Sea Ice
Discussion: Nieman Lab and The Arctic Journal
Rick Gladstone / New York Times:
Iran Editor Is Charged With Defying Ban on Covering Ex-President
Discussion: Guardian and Agence France-Presse
 Earlier Picks: 
Brian Steinberg / Variety:
Disney raises its ownership stake in Vice to 10% or about $400M
Chris O'Shea / FishbowlNY:
Refinery29 promotes EVP of Programming Amy Emmerich to chief content officer, a newly-created role at the company
Discussion: WWD and Variety
Joan E. Solsman / The Wrap:
MGM Leads $18.2 Million Investment in Video Start-Up Interlude
Discussion: VentureBeat and Variety