Top News:
Politico:
President Trump does not plan to attend the White House Correspondents' Association Dinner; Press Secretary Sanders will represent the administration — President Donald Trump will not participate in this year's White House Correspondents' Dinner, and press secretary Sarah Huckabee Sanders …
Discussion:
@whca, CNNMoney, Washington Post, The Wrap, New York Times, Newser, The Hill, Variety, @benjamin05055, @jamesrbuk, Refinery29, ThinkProgress, TVNewser, @cspanjeremy, Associated Press, @jaketapper, The Daily Caller and AOL
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Paul Farhi / Washington Post:
Three political candidates vow not to advertise on Sinclair TV stations, and Sen. Richard Durbin asks Sinclair for information about its “must-run” stories — First Sinclair Broadcast Group got lacerated by the public and other news organizations for its controversial promotional campaign.
Discussion:
NPPA, The Wrap, TVSpy, HuffPost, NPPA, Deadspin, Reporters Without Borders, BuzzFeed, GeekWire, Poynter, Multichannel News, Vox, Fortune, @nishachittal, @jayrosen_nyu, @perlberg, Talking Points Memo, Refinery29, Editor & Publisher, Mediaite, @dalrymple, The Daily Signal, New York Magazine, Mumbrella, Los Angeles Times, Salon, AOL, @trevortimm, The Daily Caller and Daily Wire
Sahil Patel / Digiday:
Sources: YouTube TV is testing up to six new channels from digital publishers like Cheddar, Tastemade, and The Young Turks Network — YouTube's livestreaming TV service is looking to add channels from multiple digital media publishers, including Cheddar, Tastemade and The Young Turks Network.
Discussion:
Tubefilter
Keith J. Kelly / New York Post:
Sources: Meredith bankers are hoping for $100M each for Time, Fortune, and Money, and $150M+ for SI; Jay Penske, with recent Saudi funding, is looking at titles — Bankers who are helping to sell the four former Time Inc. magazines that are now being divested by new owner Meredith …
Discussion:
Talking Biz News
Anders Hofseth / Nieman Lab:
Q&A with Emily Bell on the lack of viable ad-supported models for journalism, commercial media, and the importance of public service media — “I think there's a very viable long-term financial model for commercial media. But I don't necessarily think that applies directly to journalism."
Discussion:
@towfdn, @milapgh, @wolfiechristl, @jeffjarvis, @niemanlab and @niemanlab
Patrick Redford / The Concourse:
The new owners of LA Weekly, Semanal Media, have launched a campaign to push back against an ongoing boycott, saying the weekly is being bullied and harassed — In the four months since a mysterious group of rich people took over the L.A. Weekly, news outlets across the country have continued …
Discussion:
@scott_tobias, @vanallenlab, KCRW, @boycottlaweekly, @gwencalavera, @drewmillard, @dangibson520, @markeortega, @thesarahbennett, Eater LA, LA Weekly and Curbed LA
Reuters:
Sources: Netflix is attempting to acquire Regency Outdoor Advertising, a billboard company, for $300M as it increases spending on marketing to $2B this year — (Reuters) - Netflix Inc (NFLX.O) is attempting its largest acquisition, offering more than $300 million to acquire a company …
Discussion:
Tubefilter, Variety and FierceCable
Ryan Ori / Chicago Tribune:
Developers who bought the landmark Chicago Tribune tower sue to stop Tronc from removing the newspaper's sign after the publisher moves out of building — The Chicago Tribune will leave its namesake tower by midyear, but the building's owners want the newspaper's exterior signage to stay put.
Discussion:
@davidheinzmann, @kurtgessler, @docischief and @mattdpearce
Sherisse Pham / CNNMoney:
AMC, owned by Dalian Wanda, wins the first cinema operating license in Saudi Arabia after a 35-year ban on public theaters, will open 30+ cinemas in five years — Hollywood seeks keys to the Kingdom — America's biggest movie theater company is bringing the silver screen to Saudi Arabia.
Discussion:
TIME, Variety, Fortune, MovieWeb News, The A.V. Club, NPR, CNET, Reuters, The Verge, @theundefeated, Fast Company, PAPER, The Daily Caller, Business Insider, Slate, io9, IndieWire, The FADER and Fortune
Alex Barinka / Bloomberg:
Sources: fewer than expected Spotify shareholders sold stock during listing, potentially driving price up; 5% of potentially available shares traded at open — Initial share supply shortage seen as driving up price briefly — Music-streaming company's trading volume below big tech IPOs
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Elon Green / Columbia Journalism Review:
Q&A with writer Melissa Gira Grant, on SESTA/FOSTA, Stormy Daniels coverage, sex work as a beat, and the value of visible sex worker representation in media — Melissa Gira Grant. Photo by Noah Kalina. — For weeks, sex workers have been at the heart of two distinct, consequential stories.
Jack Stubbs / Reuters:
Russia's communications watchdog files a suit to block Telegram after the company refused to give state security services access to users' encrypted messages — MOSCOW (Reuters) - Russia's state communications watchdog said on Friday it had filed a lawsuit to limit access to the Telegram messaging app …
Discussion:
Telegraph, CNNMoney, ZDNet, Patently Apple, Engadget and Fast Company, more at Techmeme »
Chris Ariens / TVNewser:
CNN brought in $19.9M, Fox News $16.2M, and MSNBC $8.1M in ad spending in the first quarter; many of the same brands advertised across all cable channels — As we shared with you yesterday, all three cable news networks saw very strong first quarters in the ratings, with Fox News and MSNBC the No. 1 and No. 2 channels on all of cable.
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