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5:20 PM ET, June 1, 2021

Mediagazer

 Top News: 
Georg Szalai / Hollywood Reporter:
Discovery CEO David Zaslav announces the new name for the combination of Discovery and AT&T's WarnerMedia: Warner Bros. Discovery  —  The merged company will go by Warner Bros. Discovery.  —  Discovery and AT&T's WarnerMedia shocked the media and entertainment world with their May 17 news …
RELATED:
Joshua Robinson / Wall Street Journal:
Naomi Osaka withdraws from French Open after being fined $15K for not speaking to media, saying the interactions cause huge anxiety, impacting mental health  —  The world no. 2 had chosen not to face the media in Paris, citing mental health  —  Women's tennis world No. 2 Naomi Osaka withdrew …
RELATED:
Jonathan Liew / The Guardian:
The post-match press conference has lost its meaning, as young athletes are expected to answer intimate questions in a cynical and often predatory environment  —  Young athletes are expected to answer the most intimate questions in a cynical and often predatory environment
Sara Fischer / Axios:
Twitter launches Tomorrow, a weather news service, which includes newsletters, ticketed audio sessions, Q&As, and is led by climate journalist Eric Holthaus  —  Twitter is partnering with veteran climate journalist and meteorologist Eric Holthaus to launch a local weather news service …
Kim Lyons / The Verge:
Twitter says it will start adding full-screen ads to Fleets, supporting images and videos that can be up to 30 seconds long, initially in US on iOS and Android  —  A handful of advertisers will begin testing the format Tuesday  —  Twitter said Tuesday it will start adding full-screen ads to Fleets …
Max Willens / Digiday:
Sources: Amazon is meeting with companies to discuss plans for an identifier that would allow advertisers to track and measure activity within its ad ecosystem  —  Amazon is hoping to use the identity vacuum Google has opened with its deprecation of the third-party cookie to suck up more business for its own DSP and publisher services.
Naman Ramachandran / Variety:
AMC is raising $230.5M and is in discussions with landlords of theaters formerly operated by Arclight Cinemas and Pacific Theatres  —  Leading cinema chain AMC is raising $230.5 million to purchase additional cinema leases and grow the consumer appeal of its existing properties.
Discussion: The Wrap, /Film, @pauldavidson and Boxoffice
James Rainey / Los Angeles Times:
Sonoma County's Press Democrat reassesses after quashing a reporter's probe of assault claims against a local politician; SF Chronicle later published her work  —  The front-page shockers began in early April and just kept coming: A young mayor from the San Francisco Bay's wine country …
Arit John / Los Angeles Times:
A look at TikTok's incubator program for Black creatives, which ran from Feb. to May; over 5,000 people applied for the 100 spots, 3,000 just in the first day  —  At first, Kirby Dockery found the thought of joining TikTok overwhelming.  There were so many questions: “How do I record?
Discussion: @skinnty_
Sara Fischer / Axios:
Outside is launching Outside+, an annual membership giving members access to Outside magazine and another brand magazine of their choice, discounted gear, more  —  Outside, the media company home to dozens of outdoor enthusiast brands, is launching Outside+, an annual membership that combines …
Discussion: @chaykak
 
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 More News: 
Martin Pengelly / The Guardian:
Book by WSJ reporter Mike Bender alleges Sean Hannity helped create a Trump 2020 campaign ad that aired only during his show on Fox News
 Earlier Picks: 
Andreas Kolbe / The Daily Dot:
The Wikimedia Foundation is financially healthy and nearing a $100M endowment target five years ahead of schedule, yet fundraising appeals imply it's struggling
Zoe Samios / Sydney Morning Herald:
Nine Entertainment has signed multiyear deals to supply news content to Google and Facebook, expects its publishing division to grow AUD$30M+ this fiscal year
Victor Luckerson / New Yorker:
Profiles of Mary Parrish and Eddie Faye Gates, who preserved the story of the Tulsa race massacre, after the attack destroyed Tulsa's two Black-owned newspapers
David Goldman / CNN:
AP explains its reasoning for firing Emily Wilder, claiming she had a pro-Palestinian bias in her tweets, and denies that AP was pressured by a Republican group
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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