Top News:
Georg Szalai / Hollywood Reporter:
Vivendi's Universal Music Group to sell a 10% stake to a SPAC set up by Bill Ackman's hedge fund Pershing Square, valuing the label at $40B — The French media conglomerate finalized a deal to offload a 10 percent stake in the music major to a blank check company of Bill Ackman's hedge fund Pershing Square.
Aidan McLaughlin / Mediaite:
Interview with Chuck Todd about interviewing Republicans who enabled Trump's election lies as he laments that print media gets a pass on such interviews — MSNBC's Chuck Todd is done with Twitter — mostly. — The moderator of Meet the Press says he has stopped using the platform, which he compares to quitting smoking.
Eric Newcomer / Newcomer:
Andreessen Horowitz's Future doesn't compete with journalism because it offers up essays, not reporting, limiting its potential to promote tech-positive views — I've been dragging my feet on writing about Andreessen Horowitz's much-anticipated new publication, which the firm revealed Tuesday.
Discussion:
@mattyglesias, @davidgerard, @gaberivera, @sarthakgh, @ericnewcomer, @dotben, @davewiner, @iansherr, @cathyreisenwitz and @edzitron, more at Techmeme »
Erik Wemple / Washington Post:
Newspapers, including those owned by Gannett and McClatchy, are rethinking police coverage, sometimes removing old stories about minor crimes — The Boston Globe this year received an inquiry from a woman in its coverage area. Her son had died an untimely death.
Discussion:
@kilian_roc, @rahchachow, @carloshconde, @jayrosen_nyu, @jackshafer, @postopinions, @oliverdarcy, Poynter and Media Nation
Alex Sherman / CNBC:
How Roku beat larger companies by focusing on distribution, as it pivots to focus on original programming with plans to spend $1B on content next year — - Roku has out-executed larger companies and leaned on an unusual corporate culture to gain a $45 billion valuation.
RELATED:
Dade Hayes / Deadline:
Roku says from May 20 to June 3, more Roku viewers streamed a Roku Original than Quibi users who streamed Quibi shows during the nine months of Quibi's lifetime — Roku has revealed viewership data for its original programming, much of which was powered by the acquisition of Quibi's library last January.
Discussion:
@sensiblemadman, @davezatz, @caseynewton, @backlon, @richlightshed, Hollywood Reporter, The Streamable, Vanity Fair, New York Post and Variety
Jessica Bursztynsky / CNBC:
Nielsen: in May, US viewers used their TVs for streaming 26% of the time, up from 20% in 2020, 14% in 2019; 64% of the time was spent on network and cable TV — - Streaming accounts for 26% of all time spent on TV, according to new data from Nielsen. — Network and cable TV still hold strong, accounting for 64% of time spent.
Discussion:
@nielsen, New York Times, @brianstelter, @jason_kint and @nytmedia
Kate Lindsay / Study Hall:
A look at Puck, the secretive subscription-based digital pub from three media veterans, and its incoming staff roster including Julie Ioffe and Teddy Schleifer — The first rule of working at the new media company Puck is you don't talk about Puck. — Two months after The New York Times …
Discussion:
@harrymccracken, @studyhallxyz and @chaykak
Kat O'Brien / New York Times:
Kat O'Brien, formerly of Fort Worth Star-Telegram and Newsday, says she was raped by an unnamed MLB player 18 years ago, wants change for women covering sports — Kat O'Brien is a former journalist and baseball writer for The Fort Worth Star-Telegram and Newsday.
Discussion:
The Hill, @obrien_kat, @lat_iliana, @hbryant42, @inezrussell, @xtinaventura, @vincebaseball, @stacegots, @bykristieackert, @alisoncook, @lindseyadler, @cragcrest, @jenniferdokes, @stephaniekays, @cratekane, @abbey_simmons, @abbey_simmons, @abbey_simmons, @blogoftheirown, @obrien_kat, @byjoelanderson, @mhmilliken, @amyzquinn, @brucetomaso, @lauriahennessey, @byjoelanderson, @dianamoskovitz, @obrien_kat, @obrien_kat, @obrien_kat, @obrien_kat, @obrien_kat, @amontgomery_998, @obrien_kat, @obrien_kat, The Daily Beast, Lone Star Ball and New York Post
Josh Noel / @hopnotes:
[Thread] About 40 people, or about 24% of Chicago Tribune's newsroom, are taking buyouts offered by Alden Global Capital just after it gained full control — About 24% of Chicago Tribune reporters are taking next week's buyout.
Hanaa' Tameez / Nieman Lab:
Survey: social media users see the removal of hate speech as more fair than removing profanity, with moderators who removed hate speech seen as more trustworthy — News consumers and social media platform users prioritize the removal of hate speech over the removal of profanity …
Discussion:
@iansherr, American Press Institute and Center for Media Engagement, more at Techmeme »
Ken Doctor / Nieman Lab:
Lessons from Lookout Santa Cruz, six months after its launch in an Alden market, and how civic betterment is key to the revival of local news — We don't wake up each morning to compete with a print daily, but rather to run our own local news and community model. That's the key.
Discussion:
@david_sommers, @kiminsley, @kdoctor, @amuhs, @jenniferpreston, @2hrlunch, @jayrosen_nyu, @digidave, @craignewmark, @tulsi_kamath and @markconley
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