Breakfast Briefing: 5 things for PR pros to know Friday

Vaccine gets FDA panel OK; Biden and Harris 2020 person of the year; Chinese media star faces life in prison; Baby Yoda more expensive; Ferrari/Philip Morris exec quits.

Pfizer and BioNTech's coronavirus vaccine got the OK from a Food and Drug Administration advisory panel Thursday. It's the last hurdle before the FDA's general approval of an emergency use authorization that could come today. The FDA isn't obligated to agree with the advisory committee but usually does. (CNBC)

Joe Biden and Kamala Harris have been named Time Magazine's 2020 Person of the Year. Their election win made US political history by making President Trump one of the few presidents to serve only one term and by making Harris the first female, Black and South Asian VP-elect. Editor-in-chief Edward Felsenthal wrote; "For changing the American story, for showing that the forces of empathy are greater than the furies of division, for sharing a vision of healing in a grieving world, Joe Biden and Kamala Harris are TIME's 2020 Person of the Year." (CNN Business)

Outspoken Chinese media magnate Jimmy Lai has been charged with colluding with foreign forces under Hong Kong's recently enacted national security law. (CNN) He now faces life in prison. Lai is a refugee from China, founder of the anti-Beijing tabloid Apple Daily, and a perennial critic of Beijing's communist rulers. (CNN Business) He is also the most prominent person to be formally charged under the law being used to attack pro-democracy activists. (New York Times)

Your Baby Yoda fix will soon be more pricey and Disney is releasing a flood of Star Wars and other streaming content, the company announced in a four-hour-long investor presentation Thursday. The cost for Disney+ is going up a dollar to $7.99 in March, though that's still less than the $14 Netflix or $14.99 HBO Max monthly fees. In the presentation, executives said the service has more than 86 million subscribers and that number could grow to 260 million by 2024. (Deadline)

Ferrari's CEO Louis Camilleri abruptly resigned Thursday after being hospitalized for COVID-19. He also resigned from Ferrari's board and quit his chairmanship of Philip Morris International, a job he's had for 40 years. Officially, Ferrari said Camilleri resigned for personal reasons. Ferrari chairman John Elkann, head of the Italian family that owns most of the company, will fill in as CEO while Ferrari looks for a replacement. Camilleri is now recuperating at home. (Wall Street Journal)

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