“At midday Tuesday the stock was trading at more than $34. Unless the trend reverses, that makes hedge fund Alden’s $24 a share offer a month ago — already rejected by Lee’s board of directors last week — dead in the water. It now seems likely that Lee can remain independent and pursue its growth plans. An alternative scenario would be for Alden or another suitor to offer a much higher price.”

“In a letter to DHS Secretary Alejandro Mayorkas, AP Executive Editor Julie Pace urged the agency to explain why the name of Pulitzer Prize-winning investigative reporter Martha Mendoza was run through the databases and identified as a potential confidential informant during the Trump administration, as detailed in a report by Homeland Security’s inspector general.”

“In an interview over the weekend with Axios on HBO, Bosworth said it is not up to Meta to stifle the views of individuals who wish to express themselves by sharing their beliefs. ‘The individual humans are the ones who choose to believe or not believe a thing; they’re the ones that choose to share or not to share a thing,’ Bosworth told Axios’s Ina Fried in a snippet of the interview.”

In a fundraising email on Monday, Rep. Pramila Jayapal’s (D-Wash.) team said, ‘We can’t believe Time Magazine just named Elon Musk its ‘Person of the Year,’’ adding that the chief executive is ‘the richest person in the world and yet he avoids paying his taxes while working families struggle to put food on the table and pay rent.'”

“Just over 50% of the Guardian’s digital recurring support base – more than 500,000 subscriptions – now reside outside of the UK, with the biggest groups in the US, Australia and the European Union. The Guardian’s international revenues grew by 26% in FY 2020-21, (up from 25% in the prior year) representing more than 30% of the publisher’s total revenue.”

The most popular recipe on NYT Cooking in 2021 was Molly O’Neill’s Old Fashioned Beef Stew — “a favorite since it was originally published in 1994” — with more than 5.6 million views so far this year.

“The texts, which were among thousands of pages of messages and documents that Meadows turned over to the committee before deciding not to cooperate further, demonstrate a high level of alarm about the events of that day among Fox’s top opinion hosts, two of them fretting about the long-term impact on Trump’s reputation.”

“The Kiwi journalism industry is one of several around the world that is seeking to follow the example of Australia, where regulatory changes have enabled news companies to strike lucrative cash-for-content deals with the tech giants. In New Zealand, according to one publisher spoken to by Press Gazette, the need for such deals is made particularly urgent because of the situation in Australia. Duncan Greive, founder and publisher of the Spinoff, explained that his outlet and others compete directly with Australian news companies that are benefiting from big tech payments now.”

“The magazine is now a celebrity-focused human interest magazine. But it played a very different role in the 1950s and 1960s, when it is widely considered to have created new possibilities for identity for black South Africans. It was also crucial to the development of South African literature. ‘The Drum boys’, a group of young writers employed by the magazine in its early years, served an emerging urban black readership in the first decade of apartheid, which came into force in 1948. Their lively chronicles of urban adventures made them popular characters, as well as contributing to Drum’s commercial success. The magazine grew to be the largest circulation publication for black readers in South Africa, and expanded to include East and West African editions.”

“The deal makes a lot of sense from a scale perspective. Many in media talk about the barbell where you’re either niche on one side or a generalist with scale on the other. For many of these digital media companies, they were stuck in the middle. By merging, both companies now have far more heft than they would otherwise.”

El País started publishing stories in Portuguese in 2013 with a particular focus on Brazil. Despite reaching millions of readers, the Spanish media company never found a way to make the Portuguese edition economically sustainable. It will keep one correspondent in São Paulo.

“Janice Min, a media executive in Los Angeles, is joining forces with Richard Rushfield, a show-business columnist, to start a new media business that will be spun off from his popular subscription newsletter, The Ankler. Ms. Min, who transformed The Hollywood Reporter from a struggling trade publication into a successful, large-format glossy, will become the co-owner, chief executive and editor in chief of the newly formed Ankler Media. Mr. Rushfield, the founder of The Ankler, which bills itself as “the newsletter Hollywood loves to hate and hates to love,” will be the company’s editorial director and chief columnist.”

“As the holidays neared, it seemed as if we could breathe a cautious sigh of relief. The system had held. This time. For this is what we have learned since then: We barely made it.”

“The Philip S. Balboni Professor of Local Journalism will offer a vision for rebuilding the public square in communities large and small, while nurturing the development of journalists who dig deeply into local issues, who connect with residents and who use innovation to build news organizations that can thrive.”

“The cynical part of me thinks that we’re not going to be a part of Phase One of podcast history. Maybe we’ll just be a media footnote, like when I read about zines or noncorporate publications by feminists from earlier generations.”