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9:25 AM ET, December 5, 2018

Mediagazer

 Top News: 
New York Times:
CBS draft report says former CEO Leslie Moonves destroyed evidence and misled investigators to preserve his reputation and save his $120M severance deal  —  Facing multiple sexual misconduct allegations and fearing his career as an entertainment titan was over, Leslie Moonves …
RELATED:
New York Times:
Draft CBS board report describes Les Moonves' oral sex with subordinate, transactional sexual relationships with employees, board member awareness of assault  —  A 59-page draft report produced by lawyers for CBS's board contains new details and allegations about Mr. Moonves, the company's former chief executive.
Discussion: The Week
Edmund Lee / New York Times:
Sources: Netflix paid $100M to license Friends in the US from AT&T's WarnerMedia through 2019, up from $30M/year, ahead of AT&T's 2019 streaming service launch  —  Are Netflix and “Friends” on a break?  —  The answer is no — for now.  Reruns of Joey's thespian trials …
Oliver Darcy / CNN:
Sources: Weekly Standard EIC told staff the magazine's future is uncertain after parent MediaDC told Standard leadership it was no longer interested in its sale  —  New York (CNN Business)The fate of The Weekly Standard, the conservative magazine that has staked out a position as a publication …
Joe Pompeo / Vanity Fair:
Source: Vox Media's 2018 revenues are projected to increase 15%-18% YoY, with the company planning to charge for certain content across its sites  —  Vice, Vox, and BuzzFeed, among other companies that once heralded the dawn of a new media age, are now grappling with decidedly old-media problems.
Discussion: Hit & Run
Christopher Palmeri / Bloomberg:
Viacom CEO Bob Bakish says the network is debuting niche video-streaming services using existing content and that there's no merger deal with CBS underway  —  - ‘We like the configuration we have,’ Bob Bakish says  —  Viacom Inc. Chief Executive Officer Bob Bakish, facing fresh speculation …
David Folkenflik / NPR:
NPR CEO Jarl Mohn will step down at end of his five-year term in June 2019, move to new role fundraising for the network ahead of its 50th anniversary in 2020  —  NPR's chief executive, Jarl Mohn, announced Tuesday he would step aside next June at the end of his five-year term to focus …
Discussion: @davidgura, @elisewho and @nprinskeep
RELATED:
Brooks Barnes / New York Times:
The Hollywood Reporter unveils the Young Executives Fellowship, a two-year job training program to train 25 underrepresented LA high school kids per year  —  LOS ANGELES — Stung by fierce criticism about a lack of diversity on both sides of the screen, movie studios have scrambled …
CNN:
Australian police have arrested a man over the disappearance of his ex-wife 36 years ago, following revelations in a true crime podcast about the case  —  (CNN)Police in Australia appear to be closer than ever to solving a murder mystery that started with the sudden disappearance …
Variety:
Landmark Theaters sold to Cohen Media Group for an undisclosed price, after speculation about possible purchase by Netflix or Amazon  —  Arthouse specialist Landmark Theatres has been sold by Todd Wagner and Mark Cuban to Cohen Media Group for an undisclosed price.
Discussion: The Wrap
Anthony Ha / TechCrunch:
Acast, a Swedish podcast platform that helps podcasters make money through advertisements, raises $35M Series C from a group of European investors  —  Podcasting has grown tremendously in recent years, and a Stockholm-based company called Acast is looking to help all those podcasters make money.
Reuters:
To drive up traffic, Qutoutiao, a Chinese content aggregator, lets users earn digital coins by referring friends and playing games that involve reading stories  —  BEIJING/SHANGHAI (Reuters) - Cai Li, a janitor in Shanghai, developed a serious addiction to news app Qutoutiao …
Discussion: Press Gazette
Christopher Palmeri / Bloomberg:
Strauss Zelnick, interim chairman of CBS, says he is “unequivocally” uninterested in taking the CEO job permanently  —  Strauss Zelnick, interim chairman of CBS Corp., said he's definitely not interested in becoming the media giant's chief executive officer, refuting rumors that have been circulating for weeks.
 
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 More News: 
Todd Spangler / Variety:
Sources: as part of its restructuring, AT&T's Otter Media will manage Machinima and is laying off 10% of its staff across its properties
Discussion: The Wrap
 Earlier Picks: 
Matt Scuffham / Reuters:
Thomson Reuters says it plans to cut 12% of its workforce, or 3,200 jobs, over next two years and reduce its number of global offices by 30% to 133 by 2020