Top News:
Mike Masnick / Techdirt:
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas; it's unclear if this will continue under Musk — For all the talk of how Elon Musk wanted to buy Twitter to make it more supportive of free speech, there remain a ton of questions about what it will actually mean in practice.
Discussion:
@elonmusk, ScreenRant, Insider, Media Matters for America, New Republic, @svdate, @elonmusk, Adweek, PRWeek, USA Today, Al's Thoughts on Things, @parkermolloy, @dylanljmartin, @juddlegum, The Racket News, @reckless, @aaschapiro, Vox, @thedextriarchy, Matrix Breakers Newsletter, TechCrunch, @reckless, @jayblackisfunny, @mmasnick, @johnknefel, @lldiedrich, Breitbart, @reckless, CBS News, Lean Out with Tara Henley, @mmasnick and @tomangell, more at Techmeme »
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Lauren Feiner / CNBC:
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval
Discussion:
@jeffbezos, @elonmusk, @pekingmike, @waltmossberg, @elonmusk, CNET, New York Times, PR Newswire, TechCrunch, @dwuff, Billboard, Freddie deBoer, Northeastern, @btaylor, Wall Street Journal, @oneunderscore__, @brookesingman, @gabehudson, @tedcruz, @davidsacks, @sarahfrier, Reuters, @kantrowitz, Axios, @jim_jordan, @becketadams, Bloomberg, The FinanceTLDR Newsletter, The Atlantic, The Wayward Rabbler, Outside the Beltway, @paraga, @rmac18, @ggreenwald, @sarahcpr, @tressiemcphd, @repbonnie, @michaelsteele, @joe_hill, Memex 1.1, @obrien, @zubymusic, @ggreenwald, @sarahjeong, @justinhendrix, @benmekler, @chrislhayes, @evelyndouek, @mattrosoff, @reuters, @danprimack, @taylorlorenz, @djrothkopf, @ericjackson, @tomgara, @benfenton, @anthony, @alexkoppelman, @emanuelmaiberg, @aprilaser, @jamesrbuk, @ayocaesar, @atrupar, @alkapdc, @wajahatali, @mims, @ericjackson, @mgsiegler, @davidafrench, @alexhanna, @mathewi, @dcurtis, @alexhern, @emilydreyfuss, @tcarmody, @danprimack, @sriramk, @sarahfrier, @joannastern, @jarak, @kantrowitz, @buzz, @mikedrucker, @tomgara, @loganbartlett, @dylanreeve, CNN, @repjayapal, @hblodget, @thekenyeung, @manan, @lizweil, @mat, @mathewi, @espiers, @kurtwagner8, @davewiner, @kfury, @daveleeft, @mikeisaac, @artemr, @caseynewton, @mgsiegler, @film_girl, @bplewis, @tomcoates, @russellholly, @byjacobward, @leratomannya, @rmac18, @robaeprice, @sarafischer, @davidaxelrod, @repjimbanks, Breitbart, Making It All Click, Los Angeles Times, @mollyjongfast, @taylorlorenz, Media Play News, Adweek, Fast Company, WWD, One Man & His Blog, CowboyRadio Feed, PlausibleFoolishness's …, MediaPost, BetaNews, The Hollywood Reporter, CoinDesk, AppleInsider, Financial Times, NBC10 Philadelphia, TechCrunch, The Nibble Gang Newsletter, Observer, The PhilaVerse, TMZ.com, The Verge and Fox News, more at Techmeme »
Harriet Ryan / Los Angeles Times:
Los Angeles County's sheriff launches a criminal leak probe into journalist Alene Tchekmedyian for revealing a cover-up of a deputy kneeling on an inmate's head — Los Angeles County Sheriff Alex Villanueva announced Tuesday his department is targeting a Times journalist in a criminal leak investigation …
Discussion:
@stoltzefrankly, New York Times, The Wrap, @kathleencarrll, @reckless, @reckless, @josie_huang, @shelbygrad, @steveschmidtses, @rcfp, @kimmasters, @janecoaston, @latimes, @josephpatrice, @steffdaz, @steveschmidtses, @elaheizadi, @rickhasen, @jortsthecat, @maggienyt, @maggienyt, @ggreeneva, @jiejennyzou, @acbowen, @oliverdarcy, @salhernandez and @jonmurray
Variety:
Sources: Warner Bros. Discovery cuts development of new TBS and TNT scripted shows; it's unclear what will happen to the current slate of scripted programming — TNT and TBS are moving out of the scripted game under new parent company Warner Bros. Discovery, which CEO David Zaslav has promised …
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Alex Sherman / CNBC:
Discovery reports Q1 revenue rose 13% YoY to $3.16B; the CFO estimates the WarnerMedia part of 2022's profit baseline will be about $500M lower than expected — - Warner Bros. Discovery shares fell Tuesday after the company warned its 2022 profit would be lower than expected in light of a “messy” combination of assets.
Discussion:
@sherman4949, The Wrap, The Streamable, @great_katzby, @sarafischer, @sherman4949, @lucas_shaw, @loudmouthjulia and The Wrap
The New York Times Company:
Dean Baquet will lead a new one-year local investigative journalism fellowship at the NYT, which will offer free co-publication to local news outlets — The New York Times announces a new fellowship for investigative journalism focused on the state and local level.
Discussion:
@nytimespr, WWD, @pressgazette, @fenitn, @brianstelter, @cliffordlevy, @maggienyt, @cliffordlevy, @itsmelissabrown, @maghielse, @ceciliakang, @talmonsmith, @ericalg, @jodikantor, @froomkin and @christophclarey
Todd Spangler / Variety:
Alphabet reports YouTube Q1 ad revenue of $6.87B, up 14% YoY but below estimates of $7.48B, and blames Q1 2021's “exceptional” direct response ad performance — YouTube advertising sales for the first three months of 2022 grew 14%, to reach $6.87 billion …
Discussion:
TechCrunch, CNBC, MediaPost, PhoneArena, Hollywood Reporter and Deadline, more at Techmeme »
Robert Channick / Chicago Tribune:
Chicago Reader co-owner Len Goodman and three board members step down amid protests from employees, allowing the alt-weekly to transition to a nonprofit — ExpandAutoplay — 1 of 7 — Staff and supporters of the Chicago Reader rally April 21, 2022, outside the Lakeview home of Reader investor Leonard Goodman.
Discussion:
Chicago Sun Times, @newsguild, @pmontoro, @greenfieldjohn, @schilukuri1, @jonessoruthless and @inthefade
Charlotte Tobitt / Press Gazette:
UK culture secretary expresses concern over regional publisher Newsquest's takeover of Archant, asks for CMA and Ofcom reports to see if a full probe is needed — The Culture Secretary has said she may intervene over Newsquest's takeover of rival Archant. — Newsquest, which publishes …
Discussion:
GOV.UK, @pressgazette and HoldtheFrontPage
Peter White / Deadline:
Warner Music Group launches podcast network Interval Presents, which will produce talk shows and narrative-driven episodic shows — Warner Music Group is launching a podcast network and has set shows from stars including Lupita Nyong'o and Jason Derulo. — The record label …
Discussion:
Music Business Worldwide and Hollywood Reporter
Michael Schneider / Variety:
IFC Films, which has held distribution pacts with Showtime and Hulu, and AMC Networks announce a deal in which IFC movies will stream exclusively on AMC+ — IFC Films is moving its first pay television window to AMC+, in a bid by AMC Networks to carve out a weekly exclusive movie premiere every week …
Discussion:
The Wrap, The Streamable, Deadline and Hollywood Reporter
Dade Hayes / Deadline:
Lionsgate and Roku strike a deal under which the studio's films will have exclusive runs on the free, ad-supported Roku Channel after they play on Starz — Lionsgate and Roku have struck a deal giving the studio's feature films an exclusive streaming run on the free, ad-supported Roku Channel after they play on Starz.
Discussion:
Variety, Axios, The Streamable, Hollywood Reporter, Gizmodo, The Verge, Media Play News, Next TV and WORLD SCREEN
Marie Woolf / Canadian Press:
Rachel Curran, Meta policy manager for Canada, tells a parliamentary panel that Meta has serious concerns over an online news bill that mirrors Australia's law — OTTAWA - Digital giant Meta says it has “serious concerns” about the federal government's online news bill …
Discussion:
National Post and @bgrueskin
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