Mediagazer: Hedge fund Cannell Capital announced this week it increased its stake in Lee Enterprises to 9.1%; Cannell's head says Lee needs new, digitally savvy leadership (Josh Funk/Associated Press)

12:00 PM ET, April 15, 2022

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Reuters:

Sources: a consortium led by radio industry veteran Jeff Warshaw offers to acquire Cumulus Media for close to $1.2B including debt; the stock closes up 39.86% — A consortium led by U.S. radio station industry veteran Jeff Warshaw has offered to acquire Cumulus Media Inc (CMLS.O) …

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Josh Funk / Associated Press:

Hedge fund Cannell Capital announced this week it increased its stake in Lee Enterprises to 9.1%; Cannell's head says Lee needs new, digitally savvy leadership — OMAHA, Neb. (AP) — Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition …

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Mia Sato / The Verge:

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Denise Lavoie / Associated Press:

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Michael Warren / CNN:

RNC votes unanimously to withdraw from its participation in the Commission on Presidential Debates — The Republican National Committee voted unanimously on Thursday to withdraw from its participation in the Commission on Presidential Debates, the organization that has long governed general-election presidential debates.

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Diane Haithman / The Wrap:

HFPA interim CEO confirms plans to add 200 non-member voters and turn it into a private, for-profit company, with profits going to member freelance journalists — Hollywood Foreign Press Association Interim CEO Todd Boehly on Thursday confirmed his intention to institute radical changes …

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