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5:30 PM ET, May 28, 2019

Mediagazer

 Top News: 
Brian Steinberg / Variety:
Meredith has sold the Sports Illustrated IP rights to Authentic Brands for $110M, will pay a licensing fee to run editorial operations for at least two years  —  Sports Illustrated over the decades has chronicled stellar match-ups, blow-outs, squeakers, sudden deaths and photo finishes.
RELATED:
Variety:
Netflix says it would rethink its “entire investment in Georgia”, where film production costs are low, if the state's attack on abortion rights becomes law  —  Many of Hollywood's most powerful content companies have maintained a deafening silence on the raging abortion legislation …
Jessica Davies / Digiday:
Four German publishing groups, Axel Springer, Funke Mediengruppe, RTL, and Gruner+Jahr, will sell their combined ad inventory in an effort to combat Big Tech  —  Four big German publishing groups are collaborating in order to fight the market power of tech platforms.
Cynthia Littleton / Variety:
Memo: TruTV lays off programming and marketing staff as it is consolidated with WarnerMedia's TBS and TNT; source: less than 50 are affected  —  TruTV has laid off most of its programming and marketing staffers as oversight of the WarnerMedia cabler is consolidated into the broader Turner entertainment group.
Jim Waterson / The Guardian:
CNN told staff it's preparing to potentially cut dozens of employees at its London-based news operation; CNN International will produce less material in London  —  Surprise announcement likely to result in dozens of employees losing their jobs  —  CNN is preparing to make substantial cuts …
Discussion: @moorehn
Yelena Dzhanova / New York Magazine:
Naomi Wolf cites a known internet hoaxer after BBC Radio's Matthew Sweet uncovers a serious flaw in her forthcoming book, Outrages  —  In the pantheon of nightmares, somewhere between “falling into an endless pit” and “back at high school but naked” is “going on national radio and learning …
Glenn Greenwald / Washington Post:
By indicting Assange and arguing the First Amendment only applies to designated journalists, the Trump admin created a blueprint for criminalizing journalism  —  The First Amendment is meaningless if it only protects people the government recognizes as journalists
Karissa Bell / Mashable:
eMarketer: Facebook users in the US spent an average of 38 minutes per day on the platform in 2018, down from 41 minutes per day in 2017  —  If you've found yourself spending less time on Facebook over the last year, you're not alone.  As the beleaguered company has battled scandal and tried to emphasize …
more at Techmeme »
 
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 More News: 
Zachary Stauffer / The Atlantic:
FOIA documents, obtained by documentary producer investigating the death of a US Navy pilot, show resistance to critical reporting even when safety is at stake
 Earlier Picks: 
Daniel Politi / Slate:
Trump cites a tweet by NYU professor Ian Bremmer, in which Bremmer faked a Trump quote as a joke, to argue that libel laws need to change
Kara Swisher / New York Times:
Refusal to remove fake Pelosi video shows how Facebook confuses simple mistakes with deliberate deception, avoiding its responsibility as a key news distributor
 

 
From Techmeme:

A.J. Vicens / Reuters:
US and Canadian agencies warn that Chinese hackers are using Brickstorm malware to penetrate and maintain backdoor access to unnamed government and IT entities

Rolfe Winkler / Wall Street Journal:
A review of LinkedIn profiles shows dozens of Apple employees with expertise in audio, watch design, robotics, and more left to join OpenAI in recent months

Shashwat Chauhan / Reuters:
The US CFTC announces that spot crypto asset contracts will begin trading for the first time on CFTC-registered futures exchanges
 
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