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9:35 PM ET, May 18, 2022

Mediagazer

 Top News: 
Joe Flint / Wall Street Journal:
Sources: CEO David Zaslav is quickly putting his stamp on Warner Bros. Discovery including by cutting CNN+ and other costly projects, and forcing out executives  —  CEO David Zaslav has quickly put his stamp on Warner Bros. Discovery, weighing in on content, forcing out executives and cutting costly projects
RELATED:
Alex Weprin / Hollywood Reporter:
Warner Bros. Discovery says Chris Wallace, who had a CNN+ show, will shift this fall to hosting a CNN show in primetime on Sunday that will stream on HBO Max  —  CNN will also be getting a “reimagined” morning show later this year.  —  Chris Wallace is coming to primetime …
Sarah Perez / TechCrunch:
Following years of complaints, TikTok announces its first crediting tools, letting creators link back to the videos of other creators and trend originators  —  After years of stolen memes and uncredited dance trends, TikTok today is introducing a new feature that it says will be the first iteration …
RELATED:
Aisha Malik / TechCrunch:
TikTok launches Branded Mission, a product that lets advertisers crowdsource content from creators with 1K+ followers and turn top-performing videos into ads  —  TikTok announced today that it's launching a new ad product called “Branded Mission” that will allow creators to connect with brands and possibly receive rewards for videos.
RELATED:
J. Clara Chan / Hollywood Reporter:
At Brandcast 2022, YouTube executives focused on live shopping, short-form video, and the work of individual creators, as the platform moves away from Originals  —  YouTube will host its second Beauty Festival on June 16, but this time, viewers will be able to purchase products directly from the livestream.
Discussion: TechCrunch and Engadget
Alexandra Bruell / Wall Street Journal:
Recurrent Ventures, which owns Popular Science and 23 other brands, raises $300M led by Blackstone as it explores an IPO or a sale to a larger media company  —  Media firm, which also counts Domino and Outdoor Life among its publishing brands, plans to use proceeds to fund acquisitions
Ariel Shapiro / The Verge:
Internal memo: Reply All podcast hosts Alex Goldman and Emmanuel Dzotsi plan to leave the eight-year-old show in June, after several high-profile Gimlet exits  —  It is unclear whether the show will continue after they leave  —  Reply All co-hosts Alex Goldman and Emmanuel Dzotsi will be leaving …
Scott Feinberg / Hollywood Reporter:
Academy of Motion Picture Arts and Sciences issues new rules for the 95th Oscars, including restoring the theatrical release requirement  —  The Academy's board of governors also capped the number of songs a film may submit for Oscar consideration and tweaked the names of its documentary awards.
Discussion: The Wrap, Deadline, Billboard and Variety
Rebecca McCarter / E.W. Scripps Company:
E.W. Scripps plans a multiyear effort with funding from Google to help experienced print journalists move into broadcast news and jobs at Scripps  —  CINCINNATI - The E.W. Scripps Company (NASDAQ: SSP) and Google are partnering on a multi-year initiative to transition experienced journalists …
 
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 More News: 
Guy Faulconbridge / CBC News:
Russia says it is closing the Moscow bureau of Canada's CBC and withdrawing visas and accreditation of its journalists in retaliation for Canada's ban on RT
Stuart Thomson / Digital TV Europe:
Paramount's Pluto TV launches in Sweden, Denmark, and Norway in partnership with local service Viafree, offering live sports for the first time internationally
 Earlier Picks: 
Jill Goldsmith / Deadline:
Filing: in Q1 2022, Berkshire Hathaway bought a $2.6B Paramount stake and boosted its Activision Blizzard and Apple positions; Paramount stock closes up 15.35%
 

 
From Techmeme:

Lauren Thomas / Wall Street Journal:
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for ~$30B; Alphabet was close to a $23B deal for Wiz last summer before talks ended

Qianer Liu / The Information:
Sources: Google plans to partner with Taiwanese chipmaker MediaTek to design and produce its next-gen TPUs, set for 2026, but will still work with Broadcom

Zhiye Liu / Tom's Hardware:
Qualcomm unveils the Snapdragon G3 Gen 3, G2 Gen 2, and G1 Gen 2 for gaming handhelds, saying the G3 Gen 3 offers a CPU 30% faster than the previous generation

 
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