Comcast spinoff: cable channel Bravo, the NBC broadcast network, and Peacock will remain part of NBCUniversal; the new entity's ownership will mirror Comcast (Georg Szalai/The Hollywood Reporter)

Mediagazer: Comcast spinoff: cable channel Bravo, the NBC broadcast network, and Peacock will remain part of NBCUniversal; the new entity's ownership will mirror Comcast (Georg Szalai/The Hollywood Reporter)

Top News:

CNBC:

Comcast confirms plans to spin off its NBCUniversal cable TV networks, including MSNBC and CNBC, with Mark Lazarus as CEO; the separation may take about a year— Comcast is moving forward with the spinoff of its cable network channels, including CNBC, MSNBC and E!, the company said Wednesday.
Discussion: Bloomberg, Axios, Variety, New York Times, Advanced Television, HuffPost, Bloomberg, Deadline, The Verge, @benmullin, @colbyhall, @sarafischer, Comcast Corporation, @benmullin, @brianstelter, @sherman4949, @jeffjarvis, Fortune, Wall Street Journal, WORLD SCREEN, @timkarr.bsky.social, The Hollywood Reporter, Stephanie Smith on LinkedIn, @brianstelter, The Information, @great_katzby, @amolsharma.bsky.social, The Desk, Reuters, Financial Times, TVNewsCheck, Matthew Keys on LinkedIn, NBC News, Benzinga, Media Play News, Dan Rayburn on LinkedIn, @sallyshin, Los Angeles Times, The Wrap, Variety, @asharma, Ad Age, @tvgrimreaper, @asharma, CNN, Awful Announcing, @amolsharma.bsky.social, Cord Cutters News, Status, @asharma, Deadline, Business Insider, The Hill and WHEC.com

Discussion:

Christopher Palmeri /
Bloomberg: Comcast Confirms Plan to Spin Off Cable Channels MSNBC, USA

Sara Fischer /
Axios: Comcast plans to spin off NBCU's cable channels

Todd Spangler /
Variety: Comcast Announces Spin-Off of Most Cable Networks Into New Company to ‘Set These Businesses Up for Future Growth,’ CEO Brian Roberts Says

Benjamin Mullin /
New York Times: Comcast to Spin Off Cable Networks, Including MSNBC and CNBC

Marita Vlachou /
HuffPost: Comcast To Spin Off MSNBC, Other Cable TV Networks: Reports

Christopher Palmeri /
Bloomberg: Comcast to Spin Off Cable-TV Channels Like MSNBC, USA

Jill Goldsmith /
Deadline: It's Official: Comcast To Spin Off Cable Networks, Sees New Standalone Company As “Partner And Acquirer” Of Other Media Assets

Jess Weatherbed /
The Verge: Comcast is spinning off its cable TV business

Ben Mullin /
@benmullin: KC Sullivan, CNBC's president, tells staffers the network will immediately begin reporting in to Mark Lazarus, who will run the new spin co: [image]

Colby Hall /
@colbyhall: SpinCo? Delighted to see that my old employer SPIN magazine is making a MAJOR play to get back in the game.

Sara Fischer /
@sarafischer: #BREAKING @comcast makes it official, announces plans to spin off @NBCUniversal cable channels into separate, publicly traded company — LEADERSHIP/NAME: Mark Lazarus and Anand Kini to lead the new company, for now called “SpinCo” — TIMING: Comcast is targeting to complete the [image] Comcast Corporation: Comcast Announces Intention to Create Leading Independent Media Business Through Spin-off of Select Cable Television Networks

Ben Mullin /
@benmullin: Comcast just announced it is spinning if its cable networks, including MSNBC and CNBC, into a new company: https://www.nytimes.com/...

Brian Stelter /
@brianstelter: Here's the Comcast press release: “Comcast announces intention to create leading independent media business through spin-off of select cable television networks” https://www.businesswire.com/ ...

Alex Sherman /
@sherman4949: Comcast makes it official: Comcast Corporation (NASDAQ: CMCSA) today announced its intent to create a new publicly traded company comprised of a strong portfolio of NBCUniversal's cable television networks,

Alex Sherman /
@sherman4949: including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel along with complementary digital assets including Fandango and Rotten Tomatoes, GolfNow and Sports Engine, through a tax-free spin-off. @jeffjarvis: Stopped by #BrokenMorningJoe & saw them trying to put a bright face on this. No. Cable has cooties & Comcast doesn't want any on them. Cable is the new magazine & newspaper: Dying. Bye. Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels https://www.wsj.com/...

Andrew Nusca /
Fortune: Comcast to spin off NBCU cable TV channels

Amol Sharma /
Wall Street Journal: Sources: Comcast plans to announce Wednesday that it will be spinning off its NBCUniversal cable TV networks including MSNBC and CNBC, with Mark Lazarus as CEO

Mansha Daswani /
WORLD SCREEN: Comcast To Spin Off Cable Networks

Tim Karr /
@timkarr.bsky.social: The election signified one thing for many who mind the structures that underpin U.S. media: — We're seeing a seismic shift in the ways Americans consume news & information, away from journalism as usual toward something new & even more dangerous to democracy. — This news is just one indicator:

Stephanie Smith /
Stephanie Smith on LinkedIn: Comcast to spin off NBCU's cable channels, including CNBC, MSNBC, E!, Golf Channel, and USA. NBC broadcast stays with the mothership. …

Brian Stelter /
@brianstelter: A Comcast executive confirms to CNN that the full plan for spinning off NBCUniversal's cable channels will be unveiled tomorrow morning. Notably, the plan calls for MSNBC and CNBC to be cleaved off from NBC News. More to come...

Brandon Katz /
@great_katzby: -Short-term pain of sacrificing bulk of cable cash flow (minus Bravo) for long term growth emphasis/investor confidence narrative -Redirect resources to ongoing theme park expansion and streaming -Keep Donna Langley happy in-house as Disney sniffs around for a CEO successor

Amol Sharma /
@amolsharma.bsky.social: For people unfamiliar with deal mumbo jumbo: Comcast's existing shareholders will own this cable firm that gets spun off. It isn't being sold to someone else — yet — but over time, investors or potential buyers could approach the new company. [embedded post]

Matthew Keys /
The Desk: Comcast expected to announce spin-off of cable networks

Matthew Keys /
Matthew Keys on LinkedIn: Interesting that Comcast is choosing to hold onto Bravo and NBC. NBC News: Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say

Kaustubh Bagalkote /
Benzinga: Comcast Plans Major Cable Networks Spinoff, MSNBC And CNBC To Form New Public Company: Report

Erik Gruenwedel /
Media Play News: Comcast Reportedly Set to Spin-Off $7 Billion Cable TV Business; Matt Strauss to Become Chairman of NBCUniversal Media Group

Dan Rayburn /
Dan Rayburn on LinkedIn: Comcast has finalized its decision to spin out its NBCU cable assets, and according to the WSJ, an announcement could come on Wednesday. …

Sally Shin /
@sallyshin: they kept bravo 😂

Brian Steinberg /
Variety: Comcast Plans Massive Cable Spin-Off, Separating USA, MSNBC and More From NBC, Theme Parks

Amol Sharma /
@asharma: 3) NBCU veteran Mark Lazarus will head to the new cable venture as CEO, and will take NBCU CFO Anand Kini with him (Kini will become CFO and COO of the new firm).

Amol Sharma /
@asharma: Some significant leadership changes at NBCU, effective immediately: 1) Donna Langley will become chairman of NBCUniversal Entertainment and Studios, gaining streamlined greenlight authority and more financial visibility/control than she's had previously, sources say.

Brian Stelter /
CNN: Comcast to spin off its cable channels, including MSNBC and CNBC, into separate company

Amol Sharma /
@amolsharma.bsky.social: Comcast once regarded its cable group—with channels like USA, MSNBC, E! and Oxygen—as a crown jewel. Now it's spinning off nearly all of them into a $7 billion venture. The announcement is coming tomorrow, I'm told. www.wsj.com/business/med...

Luke Bouma /
Cord Cutters News: Comcast Reportedly Plans to Get Rid of MSNBC, CNBC, USA & SyFy As It Spins Off Its Cable TV Channels

Oliver Darcy /
Status: Comcast Cuts the Cord

Amol Sharma /
@asharma: 2) Matt Strauss, a Comcast veteran who heads the direct-to-consumer business, will be named chairman of NBCUniversal Media Group, with control over areas such as sports, ad sales and distribution. Langley and Strauss will share ownership of key areas of the business. Deadline: NBCUniversal Split: Comcast To Spin Off Cable Channels Under Mark Lazarus; Donna Langley Consolidates Power, NBC, Peacock & Bravo Stay Put

Dominick Mastrangelo /
The Hill: Comcast to spin off cable assets: Report

RELATED:
The Hollywood Reporter:

Comcast spinoff: cable channel Bravo, the NBC broadcast network, and Peacock will remain part of NBCUniversal; the new entity's ownership will mirror Comcast— NBCU CFO Anand Kini will become CFO and COO of the new channels company. … Cable channel Bravo, the NBC broadcast network …

Discussion:
TVNewsCheck, Business Insider and @pkafka

Discussion:

Jill Goldsmith /
TVNewsCheck: It's Official: Comcast To Spin Off Cable Networks

Peter Kafka /
Business Insider: Comcast's spinoff is essentially a garage sale of its basic cable TV networks, as the number of people paying for and watching cable networks falls every year

Telegraph:

Almost 93% of 600 Guardian and Observer staff organized by the NUJ vote in favor of strike action over the proposed sale of The Observer to Tortoise— Union leaders say walkouts can be avoided if the company ends discussions with Tortoise — The Guardian is braced for strike action …

Discussion:

Alison Phillips /
New Statesman: Will staff go on strike to block the Observer sale?

Carole Cadwalladr /
@carolecadwalla: NEW: Guardian & Observer journalists overwhelming vote in favour of strike action in protest at proposed sale of the Observer to Tortoise media. [image]

Martin Bright /
@martinbright: Observer and, importantly, Guardian journalists vote by 93% in favour of strike action. A huge show of solidarity over the proposed sale of the world's oldest newspaper. https://www.nuj.org.uk/...

Sonia Sodha /
@soniasodha: Results out of the Guardian & Observer NUJ's postal ballot on strike action on the proposed sale of the Observer to Tortoise & its impact on staff. 75% turnout, 92.8% in favour of strike action. [image]

Helen Cahill /
The Times: Guardian staff vote to strike over sale of Observer

Daniel Thomas /
Financial Times: Observer staff set to strike over planned Tortoise sale

Associated Press:

Apple Daily founder Jimmy Lai testifies for the first time in his years-long national security trial; he is already serving a jail term for a fraud conviction— Former Hong Kong publisher Jimmy Lai began testifying Wednesday in his landmark national security trial that is widely seen …

Discussion:
Washington Post, Reuters, Semafor, The Wire China, The Japan Times, Agence France-Presse, Hong Kong Free Press HKFP, Reuters, New York Times, Wall Street Journal, South China Morning Post, Financial Times, CBS News, Bloomberg, Raw Story, London Evening Standard and Reporters Without Borders

Discussion:

Marta Biino /
Semafor: Hong Kong media mogul Jimmy Lai denies foreign collusion in national security trial

Noah Berman /
The Wire China: The Daily Roundup … Good Morning. … The Wall Street Journal — He Rose to Riches in Hong Kong.

James Lee /
Hong Kong Free Press HKFP: Hong Kong's Jimmy Lai denies using connections to sway US foreign policy as he takes stand in national security trial

Austin Ramzy /
Wall Street Journal: He Rose to Riches in Hong Kong. Now He's a Symbol of China's Crackdown. South China Morning Post: Hong Kong's Jimmy Lai takes stand for first time in his year-long national security trial

Chan Ho-him /
Financial Times: Jimmy Lai testifies for first time in Hong Kong national security trial CBS News: Hong Kong's jailing of 45 democracy activists sparks criticism from foreign governments, rights groups

David Lynch /
London Evening Standard: MPs call for Hong Kong dissident Jimmy Lai's immediate release from prison

Press Gazette:

The Economist, The Week, ITV News, and others have joined Bluesky in the past week, while Politico, Semafor, Tortoise have resumed their activity on the site— A wave of news publishers have arrived on Bluesky in recent days, following audiences and journalists departing X/Twitter.

Discussion:
American Press Institute, Hindustan Times, @handle.invalid and @johnspurlock.com

Discussion:

Josiah Mortimer /
@handle.invalid: Props to @pressgazette.co.uk for the ace piece of publishers and journalists ditching X for Bluesky — pressgazette.co.uk/social_media... [image]

John Spurlock /
@johnspurlock.com: ' @jbillinson.bsky.social , senior social media editor at Semafor, posted Monday that he'd recommenced the publisher's activity on Bluesky a week earlier “and it already has more followers than the Threads account I've been posting to consistently for over a yr"' — pressgazette.co.uk/social_media...

RELATED:

TechCrunch:
Bluesky says it now has 20M+ users after hitting 15M on November 13, and the app has been #1 in the US App Store since November 13, per Appfigures

Discussion:
Fast Company, The Independent, Engadget, @jaz.bsky.social, @bryanruby.com, @randfish.bsky.social, The Hollywood Reporter, @Tibor@mastodon.social, Washington Times, @gordonshorten.bsky.social, Similarweb, @jburnmurdoch.bsky.social, @lif3asmaj.bsky.social, @tkaz99.bsky.social, @willoremus@threads.net, @mosseri@threads.net, @aarnegranlund.bsky.social, @henrymance.bsky.social, @timboard.bsky.social, @nachristakis.bsky.social, @evankirstel.bsky.social, @johnspurlock.com, @conorsen.bsky.social, @jay.bsky.team, @o.simardcasanova.net, @keithedwards.bsky.social, @oremus.bsky.social, theJasmineBRAND, @paleofuture.bsky.social, The Irish Times, Business Insider and Forbes, more at Techmeme »

Discussion:

Harry McCracken /
Fast Company: Whoever ends up owning Chrome, we could use a new browser war

Io Dodds /
The Independent: People are fleeing Elon Musk's X in droves. What's happening on Threads and Bluesky?

Karissa Bell /
Engadget: Bluesky hits 20 million users

Jaz /
@jaz.bsky.social: This past week has been an insane combination of incredible stress and success. While I'm mostly feeling the stress right now, I know eventually I'll feel the incredible success when I finally get a breather — 20 Million Users — Could not have asked for a better team — 💜

Bryan Ruby /
@bryanruby.com: “The firm's data also indicates that Bluesky overtook Threads in daily website visits in both the U.S. and the U.K., which signals strong interest from potential new users.” — techcrunch.com/2024/...

Rand Fishkin /
@randfish.bsky.social: Techcrunch has a piece about how Bluesky is outpacing Threads in growth the last few days — techcrunch.com/2024/11/19/b... It's probably not completely right, but... It is right about desktop-heavy users (and for me, that's actually the most important kind of person I want to reach). [image]

Tibor Martini /
@Tibor@mastodon.social: Two statistics on Threads vs. Bluesky: — According to Similarweb, #Bluesky has more active users on the web than Threads, incl. app close behind ( https://techcrunch.com/... According to Google Trends, the search volume for Bluesky has increased significantly, more than threads ( https://trends.google.com/... …

Vaughn Cockayne /
Washington Times: Bluesky sees huge growth after election

Gordon Shorten /
@gordonshorten.bsky.social: It would be interesting to know what the ad revenue is now and whether advertisers are exit as well. I wonder if Linda is regretting taking that job.

David F. Carr /
Similarweb: Bluesky Sees Greatest Sustained Growth So Far in the US and UK

John Burn-Murdoch /
@jburnmurdoch.bsky.social: Despite a massive head start, BlueSky has now overtaken Threads in the US 👇 [image]

John Burn-Murdoch /
@jburnmurdoch.bsky.social: This is really getting quite remarkable — • BlueSky user numbers have doubled in the past week and now total 3.5 million across US & UK 🚀 — • Number of people deleting their X/Twitter account remains way up — And the next chart is particularly notable... [image]

Trish K /
@tkaz99.bsky.social: Wow! The sky has been buggy today. Hopefully, it will handle the new influx of users. 🫶

Will Oremus /
@willoremus@threads.net: Instagram chief Adam Mosseri says Threads has “many times” as many daily active users as Bluesky has total signups, contradicting Similarweb's estimate that the ratio is just 1.5x post-election. Not sure how Similarweb is arriving at its estimates but maybe Meta could clear things up with some more transparency on Threads DAUs...

Adam Mosseri /
@mosseri@threads.net: There is no way this is the case as we have many times as many daily users as they have total signups. Maybe this data is web data?

Aarne Granlund /
@aarnegranlund.bsky.social: “Bluesky overtook Threads in daily website visits in both the U.S. and the U.K., which signals strong interest from potential new users. Globally, daily website visits on Bluesky haven't yet surpassed Threads, but it's come very close as of mid-November.” techcrunch.com/2024/11/19/b...

Henry Mance /
@henrymance.bsky.social: Bluesky has only 20mn users compared to Threads's 275m, but it gets almost as many visits worldwide because obviously most Threads users would rather die than actually spend time there techcrunch.com/2024/11/19/b... [image]

Tim Board /
@timboard.bsky.social: U. S. App Store — No. 1 #bluesky — . — No. 4 threads — . — . — . — No. 41 xitter — Allow me a hearty guffaw! — techcrunch.com/2024/11/19/b...

Nicholas A. Christakis /
@nachristakis.bsky.social: Bluesky tops 20M users, narrowing gap with Instagram and Threads. This chart is amazing, indicative of an overnight cultural shift rather than typical tech adoption. techcrunch.com/2024/11/19/b... [image]

Evan Kirstel /
@evankirstel.bsky.social: Bluesky has 20M+ users after hitting 15M on Nov. 13; Appfigures: it's been #1 in US App Store since Nov. 13; Similarweb: its DAU gap with Threads is narrowing (@sarahpereztc / TechCrunch) techcrunch.com/2024/11/19/b...

John Spurlock /
@johnspurlock.com: 'The firm's data also indicates that Bluesky overtook Threads in daily website visits in both the U.S. and the U.K., which signals strong interest from potential new users. Not yet globally, but it's come very close as of mid-November.' — techcrunch.com/2024/11/19/b... [image]

Conor Sen /
@conorsen.bsky.social: This chart is pretty insane. More of an overnight social/political-type shift than typical tech adoption imo: techcrunch.com/2024/11/19/b... [image]

Jay /
@jay.bsky.team: Bluesky now has over 20M people!! 🎉 — We've been adding over a million users per day for the last few days. To celebrate, here are 20 fun facts about Bluesky:

Olivier Simard-Casanova /
@o.simardcasanova.net: Excellent piece by @sarahp.bsky.social about Bluesky's and Threads' numbers — According to SimilarWeb, the gap of daily active users between Bluesky and Thread has significantly narrowed down — Despite a large number of monthly active users, Threads may not be that big of a platform — 1/5 …

Keith Edwards /
@keithedwards.bsky.social: Wow. Threads has 14x Bluesky's user base but just 1.5x their daily active users — a more prized metric. — That must be why Meta is always boasting about their monthly active users.

Will Oremus /
@oremus.bsky.social: Bluesky remains far behind Threads in total signups but has dramatically narrowed the gap in daily active users, a more prized metric, per new data from Similarweb. Threads has 14x Bluesky's user base but just 1.5x the daily actives. techcrunch.com/2024/11/19/b... by @sarahp.bsky.social

Aaron Keenan /
theJasmineBRAND: Bluesky Hits 20 Million Users As People Flee X

Matt Novak /
@paleofuture.bsky.social: Quite a surge there [embedded post]

Katherine Tangalakis-Lippert /
Business Insider: Bluesky's ‘acceleration is tremendous’ as users flock to the new ‘old Twitter’

Brad Adgate /
Forbes: X Rival Bluesky Is Adding Millions Of Users Post-Election — Reaching 18 Million Users

Nieman Lab:

A profile of The Green Line, a Toronto-based local news site that combines traditional reporting, community events, and solutions and action— The Green Line combines events, explainers, and solutions to appeal to young Torontonians. — Toronto-based local news site The Green Line …

Discussion:
@niemanlab, @carolynjack and @tassosmorfis

Discussion:
@niemanlab: “It's slower to build audience through events, through in-person promotions like postering...through our network of partners,” she said. But “those audience[s] tends to be much more loyal and much more engaged.” https://www.niemanlab.org/... @carolynjack: Interesting local news experiment seeks to give Torontonians a place to go to “feel happier” in their city. | Nieman Journalism Lab https://www.niemanlab.org/...

Deadline:

Brendan Carr says Trump's complaint over a 60 Minutes interview with Kamala Harris is “likely to arise” in the FCC's review of the Skydance-Paramount deal— In an interview with Fox News' America's Newsroom, Carr said, “Broadcasters are differently situated to other speakers.

Discussion:
Fox News, The Daily Beast, Bloomberg, New York Post, Mediaite, The Wrap, The Hollywood Reporter and TVNewsCheck

Discussion:

Corbin Bolies /
The Daily Beast: Trump's FCC Pick Threatens to Kill Skydance-Paramount Deal Over CBS

Christopher Palmeri /
Bloomberg: Redstones Pay Off Term Loan With Money from Ellison Family

Josh Kosman /
New York Post: Shari Redstone paid off $186M loan to Paramount's lenders — with bulk of cash coming from Larry Ellison: sources

Tommy Christopher /
Mediaite: Trump FCC Pick Threatens On Fox News To Punish CBS Over Kamala Harris Interview When He Takes Over

Sean Burch /
The Wrap: CBS' Kamala Harris Interview ‘Likely’ to Be Reviewed, Trump's FCC Chairman Says

Alex Weprin /
The Hollywood Reporter: Incoming FCC Chairman Says ‘60 Minutes’ Complaint “Likely to Arise” in Review of Skydance Deal

The Verge:

Google tightens its rules against “parasite SEO” content, or articles that have little to do with the website's focus, after cracking down on “reputation abuse”— Google is tightening its rules against “parasite SEO” content, or articles and pages that often have little …

Discussion:
MEDIANAMA, Entrepreneur and CNET, more at Techmeme »

Discussion:

Ron Lieback /
Entrepreneur: AI Is Even Taking Over How We Search Online — Here's How to Climb the SEO Ranks and Beat the Competition

Imad Khan /
CNET: Google Cracks Down on Big Sites Abusing Their Power and Returning Junk Search Results

Anil Dash:

Substack wants writers to call their work by its brand name because “they control your audience and distribution” and “want to own your content and voice”— Email's been here for years. But the reason Substack wants you to call your creative work by their brand name …

Discussion:
@kottke@mastodon.social, @waxy@xoxo.zone, @herhandsmyhands … and Observer

Discussion:
@kottke@mastodon.social: For the love of god, quit calling your newsletter “my Substack”. “You can talk about your work as *your work*. It's your newsletter, or your email, or your blog. Or just your writing. But it sure as hell isn't ‘your Substack.’” https://www.anildash.com/... @waxy@xoxo.zone: Anil Dash on why you should quit Substack while you still can: every new feature they add increases lock-in, making it harder to leave while they court some of the worst people online https://www.anildash.com/... @herhandsmyhands@romancelandia.club: Substack has a Nazi problem: they are the bar that let in the Nazis set up shop, because they get a cut of the action. — And just like people left Xwitter behind, they can leave substack behind. There are tools, there are alternatives. — Anil Dash: Don't call it “a substack” …

Alexandra Tremayne-Pengelly /
Observer: 1 in 10 Top Substack Authors Use A.I. to Create Content: Report

Fortune:

A Brooklyn federal grand jury indicts two brothers over allegedly running illegal sports streaming service 247TVStream, offering live NFL, NBA, and NHL games— “Thanks to the work of our prosecutors, along with our domestic and international law enforcement partners, the illicit digital streaming site …

Discussion:
The Desk and US Department of Justice

The Hollywood Reporter:

A lawsuit against Netflix and Meta claims the two made a deal where Meta scaled back original video programming in trade for Netflix data and ad spending— The proposed class action points to Meta's streaming ambitions with Facebook Watch, whose original programming division shuttered last year.

Discussion:

Sharon Knolle /
The Wrap: Netflix, Meta Sued Over Anticompetitive Streaming Agreement That Led to End of Facebook Watch

Matt Schimkowitz /
AV Club: Netflix and Meta sued for alleged backroom deal to “kneecap” Facebook Watch

Jill Goldsmith /
Deadline: Netflix, Meta Sued Over “Quid Pro Quo” To Neutralize Facebook Watch Video Service

Millie Turner /
The US Sun: Netflix had 'access to people's private Facebook messages' as part of secret ‘special relationship’ lawsuit claims

Douglas Charles /
BroBible: Netflix Facing 3 New Lawsuits, Including Complaint Over Tyson Vs. Paul Streaming Issues

Sam Gutelle /
Tubefilter: X adds Twitch to lawsuit accusing advertisers of anticompetitive practices

Erich Richter /
New York Post: Jake Paul's curious comments after beating Mike Tyson create lawsuit possibilities — sports lawyer reveals why

Allison Schiff /
AdExchanger: Meta Might Be Right About AI Ad Spend

Financial Times:

ProRata.ai agrees licensing deals with Daily Mail-owner DMG Media, the Guardian, Sky News, and others; sources say DMG bought a stake that values it at ~$130M— Groups including Guardian and Daily Mail agree licensing deals to ensure payment for content — ProRata.ai, a US artificial …

Discussion:
Press Gazette, The Hollywood Reporter and @davidgrayrhodes, more at Techmeme »

Discussion:

Bron Maher /
Press Gazette: DMG Media invests in news publisher-compensating generative AI start-up Prorata

Scott Roxborough /
The Hollywood Reporter: U.K. Media Groups, Including Sky News, Guardian, Partner With “Ethical AI” firm ProRata.ai

David Rhodes /
@davidgrayrhodes: .@SkyNews are excited to support ProRata, a new technology solution that assigns credit and compensation to journalism discovered via gen AI: https://www.ft.com/... via @ft

Washington Post:

Trump Media now has a ~$7B market cap despite struggling to build a profitable revenue stream; Similarweb says site visits fell 20% MoM to 10M in October 2024— Trump Media & Technology Group's revenue and share price have sagged as its losses have piled up.

Discussion:

Christopher Honey /
@coffeephilosoph: It's almost like investing in a project from a man famous for pretending to build stuff was never likely to generate returns. #memestock https://www.washingtonpost.com/ ... @washingtonpost: Trump Media's revenue and share price have sagged as its losses have piled up. The president-elect's return to the White House could complicate things even more. https://washingtonpost.com/...

Drew Harwell /
@drewharwell: Trump Media just sent this email to Truth Social users. They're really promoting this story and I'm grateful https://www.washingtonpost.com/ ... [image]

Drew Harwell /
@drewharwell: New: The small-time investors of Truth Social thought Trump's win would net them a fortune: “I may buy a cruise ship when this [is] all over,” one said. Instead, the stock has slumped, and it keeps dropping. Trump still comes out on top. [image]

Drew Harwell /
@drewharwell: And here's Truth Social's official statement on its previous statement. In other news, the company's stock today fell 9%. [image]

Harris Meyer /
@meyer_hm: Since the election, Trump's media stock has lost nearly half its value since last month's peak. On a Truth Social investor board, users who had been predicting a post-vote surge began voicing their agitation. “The fact is we are in trouble,” one wrote. https://www.washingtonpost.com/ ...

Sarah Rumpf /
Mediaite: ‘This Is Getting Depressing!’ Trump Media Investors Despairing After Stock Stumbles Post-Election — Top Insiders Cashing Out

Taylor Herzlich /
New York Post: Trump Media nearing deal to buy crypto firm Bakkt: report

New York Times:

Filings: The Onion's Infowars bid was $7M, including backing from Sandy Hook families and $1.75M in cash; Alex Jones-linked First United's bid was $3.5M in cash— A hearing is scheduled for Monday to review the auction process, which is being contested by a losing bidder associated with Alex Jones, the Infowars founder.

Discussion:
Associated Press, The Gateway Pundit, Breitbart, @benmullin.bsky.social, Politico and Business Insider

Discussion:

Cristina Laila /
The Gateway Pundit: PLOT TWIST: Alex Jones Fights Back, Sues The Onion and Sandy Hook Families Over ‘Rigged’ Auction of Infowars

Alana Mastrangelo /
Breitbart: Elon Musk's X Corp. Files Notice in Alex Jones' Infowars Bankruptcy Case

Ben Mullin /
@benmullin.bsky.social: new: inside the tug-of-war over Infowars, as a bidder associated with Alex Jones tries to derail its sale to The Onion. — www.nytimes.com/2024/11/19/b...

Geoff Weiss /
Business Insider: Behind The Onion's bid for Alex Jones's Infowars — which is now on hold as a judge reviews it

RELATED:

ABC News:
Filing: Alex Jones asks a judge to halt the sale of Infowars; a company affiliated with him, which was the losing bidder, seeks to disqualify The Onion's bid

Discussion:
NPR, Newser, Raw Story, The Desk, @benmullin, Austin American-Statesman, @passantino@threads.net, CNN, Bloomberg Law, Associated Press, Reuters and New Republic

Discussion:

Evann Gastaldo /
Newser: Alex Jones Sues to Block Onion's Purchase of Infowars

Erik De La Garza /
Raw Story: ‘Crippling’: Alex Jones reports massive revenue drop after The Onion wins Infowars auction

Matthew Keys /
The Desk: Details emerge about two bids submitted for Infowars

Ben Mullin /
@benmullin: NEW: The court-appointed trustee overseeing the sale of Infowars just responded to the emergency motion to disqualify The Onion's bid, calling it “a disappointed bidder's improper attempt to influence an otherwise fair and open auction process.” [image]

Karoline Leonard /
Austin American-Statesman: Alex Jones attempts to stop sale of Infowars, Free Speech Systems to The Onion

Jon Passantino /
@passantino@threads.net: Alex Jones and his allies are desperately trying to stop the sale of Infowars to The Onion, filing lawsuits and emergency motions arguing Sandy Hook families “colluded” for a “flagrantly non-compliant Frankenstein bid” via @_hadasgold https://www.cnn.com/...

Hadas Gold /
CNN: Alex Jones and his allies are desperately trying to stop the sale of Infowars to The Onion

Dave Collins /
Associated Press: Elon Musk's X steps in as Alex Jones-affiliated company tries to halt Infowars sale

Dietrich Knauth /
Reuters: Alex Jones-affiliated company challenges the Onion's Infowars purchase

Ellie Quinlan Houghtaling /