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1:10 PM ET, May 24, 2022

Mediagazer

 Top News: 
Sara Fischer / Axios:
An interview with Fox Corp. CEO Lachlan Murdoch on the company's expansion into lifestyle verticals, such as outdoors and books, alongside NFTs and betting  —  Fox Corp. is in the early stages of expanding into lifestyle verticals across categories like outdoors, home and books, CEO Lachlan Murdoch told Axios in an interview.
Ben Thompson / Stratechery:
Warner Bros. Discovery may be a compelling company, because of its content and a strategy that sees streaming as an addition to the old model, not a replacement  —  Last week the Wall Street Journal ran a profile of longtime Discovery CEO (now Warner Bros. Discovery CEO) …
Discussion: Positivity, please and Deadline
Benjamin Mullin / New York Times:
Candle Media, run by ex-Disney execs Kevin Mayer and Tom Staggs, will buy Spanish-language studio Exile; a source says Candle is involved in deals worth ~$4B  —  Candle Media, run by former Disney executives, is buying Exile, which has deals to produce shows for Netflix, HBO and Amazon Prime.
Brian Steinberg / Variety:
Jen Psaki will join MSNBC in the fall, where she will host a new streaming program expected to launch in Q1 2023 and appear on the network's election coverage  —  One of the news industry's worst-kept secrets is finally seeing the light of day.  —  Jen Psaki, the White House Press Secretary …
Joe Pompeo / Vanity Fair:
Interview with Substack co-founder Hamish McKenzie on building “a true alternative to the attention economy” by expanding into podcasts and videos, and more  —  The newsletter company is on a mission to disrupt the attention economy away from “cheap outrage and flame wars,” …
Brian Steinberg / Variety:
Greta Van Susteren will join Newsmax in June to lead its 6pm show, saying all networks she has worked for, including CNN and Fox News, have had controversies  —  Greta Van Susteren says she just couldn't stay away from the immediacy of cable news.  —  For the past few years, Van Susteren …
Rebecca Sun / Hollywood Reporter:
How the new, more diverse editorial leadership in broadcast, cable, digital, and print media is changing newsrooms and guiding coverage to be more inclusive  —  Following the racial reckoning amid the 2020 protests, heads of broadcast, cable, digital and print media became more diverse.
Reuters:
Denmark passes a law forcing streaming services to pay a levy of 6% of their revenue in the country to support local TV production, following Spain and others  —  Lawmakers in Denmark have agreed global TV streaming services such as Netflix (NFLX.O), Amazon (AMZN.O) and Disney (DIS.N) …
Caleb Pershan / Columbia Journalism Review:
A profile of Twitter account New York Times Pitchbot, run by a math professor mocking the NYT's lazy constructions, half-baked hot takes, and diner interviews  —  A few weeks ago, the person behind the New York Times Pitchbot—not a bot at all, but a Twitter account whose posts satirize …
Lara Seligman / Politico:
The US Air Force is reviewing a rule banning foreigners from using electronics on flights and apologizes to Reuters' Idrees Ali for taking his phone on DoD trip  —  The Pentagon seized a foreign reporter's phone and would not allow him to use his electronics while traveling with the Defense Department's …
Sara Guaglione / Digiday:
At the IAB's Podcast Upfront, Mediahub, GroupM, and other ad buyers preferred ads shorter than 60 seconds, while podcasters pitched longer, more expensive ads  —  Smaller podcast production companies and creative studios are touting the benefits of custom, longer-form podcast ad formats …
 
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 More News: 
Shilpa Jamkhandikar / Reuters:
Frustrated by its lack of success in India, where it has an estimated 5M-6M users, sources say Netflix is chasing deals for content in South Indian languages
Los Angeles Times:
A look at the rapid growth of free streaming channels in recent years, as users get more sophisticated about mixing and matching services that meet their needs
Issie Lapowsky / Protocol:
The 11th Circuit federal court upholds the block on Florida's social media “censorship” law over First Amendment concerns, as SCOTUS weighs Texas' similar law
 Earlier Picks: 
Mike Isaac / New York Times:
Meta plans to give outside researchers more info on political ad targeting on Facebook and Instagram and to update Ad Library with more info starting in July
Wall Street Journal:
Conan O'Brien sells his hit podcast “Conan O'Brien Needs a Friend” and his Team Coco media company to SiriusXM, sources say for ~$150M
Dan Milmo / The Guardian:
YouTube takes down 70K+ videos and 9K+ channels about the war in Ukraine for violating content guidelines, including videos referring to a “liberation mission”
Jeremy W. Peters / New York Times:
A look at Lara Logan's journey from being a CBS News star to working on far-right fringe causes, like vaccine skepticism, denying the 2020 US election, and more
Nellie Andreeva / Deadline:
Kate McKinnon, Aidy Bryant, Pete Davidson, and Kyle Mooney depart Saturday Night Live after its 47th season finale; McKinnon was in a female-record 211 episodes