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Google-YouTube Star Flip-Flops Over ‘Covid Hoax’

The Verge: Jake Paul, the 23-year-old YouTube sensation and former Disney Channel star, has denied describing coronavirus as a "hoax." Said Paul: "This reporter, he misquoted me. He took what I said out of context. He was just like leading me down certain paths with...

Fox Corp Lets Trump Repeat False Election Claims

USA Today: Following Sunday morning's Fox News interview with Donald Trump – his first since the election – anchor Maria Bartiromo faced criticism for not challenging the president on his unsubstantiated claims of widespread election fraud. "This is...

News Corp CEO Bashes Sale of Simon & Schuster

Associated Press: News Corp CEO Robert Thomson slammed Bertelsmann's deal to acquire Simon & Schuster. "Bertelsmann is not just buying a book publisher, but buying market dominance. This literary leviathan would have 70% of the US literary and general fiction...

Discovery TV Network Buyout Eyed by Trump Pals

New York Times: Hicks Equity Partners has sought to lead buyouts of both Newsmax and One America News Network. It is also pursuing a third strategy: building "a family-friendly programming destination of broad appeal based on traditional values" by buying and merging...

Axel Springer Eyes More Deals in US Digital Media

The Information: Axel Springer, the German owner of Business Insider, is ready to take part in a second wave of consolidation in the US digital media market. Backed by its big new shareholder, private equity giant KKR, Axel Springer wants to spend 2021 on an expansion...

BuzzFeed’s HuffPost Buy Spurs Talk of More Deals

Business Insider: "The emergence of SPACs is an increasingly positive force for digital media. BuzzFeed, Vox, there are healthy, large-scale digital media companies that exist that have more or less given up on selling to big cable companies or other big media...

Gannett Under Fire for Selling Crime Scene Photos

New Jersey Globe: Gannett is selling reprints of photos of a federal judge's home, possibly violating a newly-enacted state law as it markets images of the house where the judge's son was brutally slain last July. The website for Gannett and the USA Today Network is...

Tribune Newspapers Hit Up Readers for Donations

Orlando Sentinel: The Orlando Sentinel and South Florida Sun Sentinel have launched community news funds to receive tax-deductible contributions for increasing news coverage. "The Covid-19 pandemic accelerated business trends that newspapers have long...

McClatchy, Hearst ‘Brilliant’ Former Journalist Dies

Fort Worth Star-Telegram: Dan Puckett, 65, died on Thanksgiving, three days after being released from a San Antonio hospital with a positive Covid-19 test. Puckett was remembered across social media as journalists and former colleagues began to hear about his...

Conde Nast Relocates Love Magazine to New York

WWD: Conde Nast announced that Whembley Sewell, editor in chief of Them, will take charge of Love magazine, which will move from London to the US. Conde Nast plans to broaden the title's fashion-centric perspective "to highlight editorial opportunities that champion...

Maven Investors Eye Change in Call for New Board

Awful Announcing: Sports Illustrated operator Maven has received a push from two key investors to make changes. B. Riley and 180 Degree Capital wrote a letter to the board urging "the company to pursue a new direction" and for the current board to...

Time Magazine Mulls Big Names for Person of Year

Fox News: Politicians, celebrities and medical workers are among the newsmakers nominated for Time magazine's 2020 Person of the Year. Each year since 1928, Time has recognized the individual or group regarded as having had "the greatest influence on the events of the...

Vox Media, BuzzFeed Plan Holiday Parties on Zoom

Digiday: With social distancing measures locked in through the end of 2020, the boozy, lavish holiday parties that used to define the middle weeks of December have been put on ice this year. In their place, employers are holding toasts over Zoom and sending care...

Apple, Amazon ‘Unstoppable’ in New Pandemic Age

Fast Company: Apple, Amazon, Google, and Facebook have added hundreds of billions in market value since March. By virtue of being the biggest elephants in the herd, the Four are well positioned to survive any crisis. They were already ascending to dominance, and the...

Facebook Struggles to Balance Civility with Growth

New York Times: Facebook insiders have been battling over how to reduce misinformation and hate speech without hurting the company's bottom line. After the election, CEO Mark Zuckerberg agreed to increase the weight that Facebook’s algorithm gave to authoritative...

Google to Suspend One America News on YouTube

Reuters: YouTube has barred the right-wing outlet One America News Network from posting new videos for a week after it broke the site's rules against content that claims there is a guaranteed cure for Covid-19. OAN has also been suspended from monetizing its...

Fox Corp Mum on News Channel Anchor with Covid

Daily Beast: "Fox & Friends First" co-anchor Todd Piro, who recently tested positive for Covid-19, highlights a potentially dangerous contradiction between the network's stated safety policies and the allegedly cavalier way that management is carrying them out,...

Bertelsmann Leads Race to Buy Simon & Schuster

Financial Times: Bertelsmann is in pole position to buy Simon & Schuster, outbidding Rupert Murdoch's News Corp to strengthen its position as the world's biggest book publisher. The German owner of Penguin Random House was the highest bidder in a fiercely fought...

Conde Nast Opens Online Store for The New Yorker

WWD: Now you can buy more than a desk calendar from The New Yorker. The magazine's new online store offers coffee mugs, pencils, notebooks, T-shirts, a hoodie, a beanie, and even a new baby onesie. But one thing you won’t find is a tote...

Hearst Turns to E-Commerce to Grow Cosmopolitan

Digiday: Cosmopolitan's strategy for growing its audience of young women is growing its e-commerce business, according to editor-in-chief Jessica Pels. "This year for us has been [about] building additional new experiences that feel like promising areas of growth for...

Meredith Sees a Surprising Rebound at Newsstands

MediaPost: One of the biggest surprises during the pandemic for Meredith magazine boss Doug Olson has been the rebound in newsstand sales despite the 10% decline in shopping trips that help drive impulse purchases at grocery checkouts. "Our numbers are...

Conde Nast Staffs Up for Media Desk at Vanity Fair

TalkingBizNews: BuzzFeed News veteran Miriam Elder has been hired as executive editor of Vanity Fair's media, business and technology sub-section The Hive. "It's an incredible team and an incredible moment to shape coverage of our brave new world," she wrote on...

Hearst Veteran Acquires Social Network for Women

New York Post: TheLi.st — an oddly named, 10-year-old social network that has been linking successful women with up and comers — has been sold to New Power Media, headed by Ann Shoket, the author and one-time Seventeen magazine editor in...



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