Sara Fischer@sarafischer🚨🚨🚨Scoop: TikTok signs deal for sale of U.S. unit - Deal close set for Jan 22 - Oracle, Silver Lake, MGX will collectively own 45% of the US entity. ~ 30% held by affiliates of existing ByteDance investors ~ 20% will be retained by ByteDance @axios t.coOpens with an observation
Sara Fischer@sarafischerDeal is confirmed. @walmart buying @vizio for $2.3B —Deal gives Walmart critical access to Vizio's operating system data to help fuel its growth into Connected TV ads —Walmart's ad biz soon expected to be more profitable than its brick & mortar grocery biz t.coOpens with an observation
Sara Fischer@sarafischer🚨 Exclusive: @disney changing DEI policies —Moving & changing content disclaimers it started releasing around certain titles in 2020 —Replacing "Diversity & Inclusion" performance factor for exec comp with "Talent Strategy" More on @axios: t.coOpens with an observation
Sara Fischer@sarafischerJournos doing great job covering Trump admin but owners r compromised -ABC settled lawsuit experts say it couldve won -CBS considers settling -Disney rolled back some DEI policies -Paramount is too -Post opinion changes -LAT owner ‘bias meter’ -Univision parent visits Mar-a-LagoOpens with an observation
Sara Fischer@sarafischer#BREAKING: @BuzzFeed sells @Complex for $108M, announces 16% staff cuts —Deal doesn't include "First We Feast" which makes Complex's popular YouTube show "Hot Ones" —Reminder BuzzFeed bought Complex for $300M cash & stock in 2021 w those franchises @axios t.coOpens with a number
Sara Fischer@sarafischer🚨#BREAKING: Rupert Murdoch stepping down "Following a career that began nearly 70 years ago in 1954, Fox Corp. and News Corp. announced today that Rupert Murdoch is stepping down as chairman of each board" effective in mid-November. — Will be appointed chair emeritus of bothOpens with an observation