Top News:
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
RELATED:
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 Times, @iainm.bsky.social, 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 New European, The i Paper and The Daily Beast
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
The Scott Trust approves the sale of The Observer to Tortoise, despite two days of strikes by Guardian and Observer staffers against the deal
Discussion:
The Guardian, @nujofficial, Press Gazette, @pkelso, @davidfolkenflik, @nicolelampert, @suzanne_moore, @rasmus_kleis, @suladoyle, @boothbygraffoe.bsky.social, @simonharries3, @charlottetobitt, @adamsherwin10, @danielthomasldn, Sky News, @benansell.bsky.social, @writesbright.bsky.social, Associated Press, Reuters, Semafor, London Evening Standard, @jeffjarvis.bsky.social, @paulconvery.bsky.social, New York Times, Le Monde, @josiah.writes.news, @writesbright.bsky.social, Tortoise, BBC, @jackcarterbenjamin …, Bloomberg, The Independent, RTÉ, @jackcarterbenjamin …, The i Paper and National Union of Journalists …
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.”
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, Washington Post, @tiktokpolicy, MediaPost, al.com, Yahoo Finance, Reuters, Investor's Business Daily, The Moderate Voice, Associated Press, @kyurieff, @rabois, HotAir, @swiftstories, @danprimack, @drewharwell, @digiphile, @zsk, @committeeonccp, @kyurieff, @wendyndavis, @daphnehk, @drewharwell, Washington Times, The Gateway Pundit, Le·gal In·sur·rec·tion, @chup.blakereid.org, New Jersey Monitor, Adweek, Devin DeBacker on LinkedIn, @margarita.bsky.social, Ad Age, @margarita.bsky.social, Forbes, The Wrap, @trevorcroker@threads.net, @trevorcroker@threads.net, Gizmodo, Wired, BBC, South China Morning Post, Nikkei Asia, The Information, Axios, Variety, @lauren.rotatingsandwiches.com, The Verge, 9to5Mac, @kurtwag8@threads.net, New York Times, Politico, @anthonymkreis.bsky.social, @mjsdc.bsky.social, The Post Millennial, TikTok, Semafor, Voice of America, Daily Kos and Deadline, more at Techmeme »
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:
@hawthornesjj and BBC
Dominic Ponsford / Press Gazette:
Time CEO Jessica Sibley describes Time's shift from reader revenue to direct-to-business sales, ending its paywall, increasing events, and making an OpenAI deal — Time has gone through a “pretty significant transformation”, dropping its paywall and going bigger on events.
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:
ZeroHedge News, @econberger.bsky.social, The Gateway Pundit, @jswatz.bsky.social, @nakedkeynes.bsky.social, @trungtphan, @thestalwart, @AkaSci@fosstodon.org, @mattzeitlin, @carterd.bsky.social, @mattyglesias.bsky.social, RedState, @smotus.bsky.social, @citizencohn.bsky.social, HotAir, LewRockwell, Mediaite, @dylanmatt.bsky.social, @notjessewalker.bsky.social, @meredithshiner.com, @jonmladd.bsky.social, @ddayen.bsky.social, @owillis.bsky.social, @mbkplus.bsky.social, @pkrugman.bsky.social 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:
Deadline, @trumpwarroom, Business Insider, NewsGuard's Reality Check and Radio & Television …
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 …
Discussion:
@kingkaufman@sfba.social, @joeferullo.bsky.social, @marklittle.bsky.social, @ewallwice.bsky.social, @dcboy.bsky.social, @maripuerta.bsky.social, @lyndawoolard.bsky.social, @heidireports.bsky.social, Balloon Juice, Tim Franklin on LinkedIn, @rachelbell44.bsky.social, John Volk on LinkedIn, @menrywy.bsky.social, TVNewsCheck, @jwmjournalist, @jmhaigh, @farhip, @jmhaigh, @localnewsini, Political Wire, Palo Alto Online and Michigan Advance
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.
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.
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 …