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, 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, @tomangell and PRWeek, 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:
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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, @latimes, @josephpatrice, @steffdaz, @steveschmidtses, @kimmasters, @elaheizadi, @rickhasen, @jortsthecat, @maggienyt, @maggienyt, @janecoaston, @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, Warner Bros. Discovery, @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 New York Times, 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, letting the alternative newspaper 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 Nadine Dorries says she may intervene in Newsquest's Archant takeover and 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 with talk shows and narrative-driven episodic shows, such as from Lupita Nyong'o and Jason Derulo — Warner Music Group is launching a podcast network and has set shows from stars including Lupita Nyong'o and Jason Derulo.
Discussion:
Music Business Worldwide, @marzdodge, @intrvlprsnts 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
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
Dade Hayes / Deadline:
Lionsgate and Roku strike a deal under which the studio's feature 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, Gizmodo, The Verge, TechCrunch, Next TV and WORLD SCREEN
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