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10:00 PM ET, May 10, 2022

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 Top News: 
New York Times:
Sources: Netflix executives told employees that the company plans to launch its lower-priced ad-supported tier and crack down on password sharing in Q4 2022  —  Executives said they were aiming to introduce an ad-supported, lower-priced subscription tier in the last three months of the year, quicker than originally indicated.
Andrew Marchand / New York Post:
Tom Brady plans to join Fox Sports as its lead NFL analyst and ambassador once he retires; sources: Brady's contract is a record $375M over 10 years  —  Fox Sports' deal to make Tom Brady its lead NFL game analyst after he retires is for 10 years and $375 million, The Post has learned.
RELATED:
Jolie Lash / The Wrap:
Fox Corp reports Q3 revenue of $3.46B, up 7% YoY, net income of $290M, down 50% YoY, and ad revenue of $1.3B, up 9% YoY thanks to higher pricing and ratings  —  Fox Corp. reported fiscal third-quarter results on Tuesday with revenue rising 7% to $3.46 billion, driven by advertising strength …
Meduza.io:
Two Russian journalists for pro-government news site Lenta.ru replaced ~20 articles with posts critical of Putin and his war in Ukraine; Lenta deleted the posts  —  On the morning of May 9, anti-war articles filled the homepage of the Russian pro-government outlet Lenta.ru.
Jason Gurwin / The Streamable:
YouTube TV launches a Spanish-language plan add-on for $15 per month and a standalone Spanish-language plan for $35 per month; both have 20+ channels  —  YouTube TV has made it official with two new Spanish-language offerings.  —  As The Streamable reported last week …
Discussion: Variety, TechCrunch and 9to5Google
Financial Times:
Paris-based TV production group Banijay, known for its reality TV shows, and sports betting group Betclic will go public via a SPAC, creating FL Entertainment  —  Deal backed by Bernard Arnault and Tikehau will create new player in European entertainment  —  French entrepreneur Stéphane Courbit …
Discussion: Reuters and The Wrap
The Daily Beast:
Sources: staffers at The Business of Business, Thinknum's media arm, say they did not receive April paychecks; co-founder Justin Zhen went on leave last week  —  The co-founder of media startup The Business of Business was one of WeWork's earliest antagonists.  Now he's the one facing questions.
Thania Garcia / Variety:
UMG's Kingship band, made up of four Bored Ape Yacht Club characters, will release 10,000 NFTs starting on May 14 that grant access to the group's virtual world  —  In what is described as the latest evolution of interactive storytelling, Kingship, the NFT group signed to 10:22PM …
Discussion: Billboard
Andrew Kersley / Press Gazette:
The Guardian has launched 11 in-depth newsletters over the past year and says the outlet now has 1M+ unique subscribers across its portfolio of 50 newsletters  —  A week after the launch new flagship daily current affairs newsletter First Edition, Press Gazette spoke to The Guardian newsletter team about their strategy.
Discussion: @benwhitelaw
The Pulitzer Prizes:
List of 2022 Pulitzer Prize winners, including Jennifer Senior of The Atlantic for feature writing and the NYT for national and international reporting  —  Public Service The Washington Post For its compellingly told and vividly presented account of the assault on Washington on January 6 …
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Elahe Izadi / Washington Post:
The Washington Post wins the 2022 Pulitzer Prize for public service for its coverage of the January 6, 2021 insurrection at the US Capitol and its aftermath
 
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 More News: 
Todd Spangler / Variety:
Alex Piper, YouTube's head of unscripted originals, leaves to lead Night Studios, the content division of talent management company Night, which manages MrBeast
Naman Ramachandran / Variety:
BBC Documentaries, Channel 4 Documentaries, Specialist Factual, and others join a We Are Doc Women campaign to commit to 50% women directors across their output
Discussion: Deadline
 Earlier Picks: 
Nancy Tartaglione / Deadline:
Sony Pictures reports Q4 revenue rose 55% YoY to $9.5B as operating income rose 172% YoY to $1.67B, primarily due to Spider-Man: No Way Home
Anushree Dave / The Block:
Mark Zuckerberg says Meta will start letting some US creators test digital collectibles and NFTs on Instagram this week, and won't charge for sharing NFTs
Rafqa Touma / The Guardian:
The New York Times removes “fetus” from its Wordle answers to keep the game “distinct from the news”, and swapped Monday's answer for as many users as possible
 

 
From Techmeme:

Gaby Del Valle / The Verge:
NYC is partnering with Evolv, a weapons detection company that has faced scrutiny over its machines' accuracy, to test AI-based gun detectors on the subway

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

 
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