Top News:
Sara Fischer / Axios:
In memo, Chris Licht says CNN has added a “Breaking News” guideline to its stylebook to address overuse: “its impact has become lost on the audience” — CNN's new boss Chris Licht says that beginning today, CNN has added a “Breaking News” guideline to its stylebook …
Discussion:
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Ashley Carman / Bloomberg:
Spotify's “white noise” podcasters are making thousands of dollars per month creating soothing sounds, a growing market that major networks have yet to explore — People on the prowl for a new podcast to consume often go for a stimulating option like a political debate or a true crime mystery to quicken the pulse.
Bloomberg:
Sheryl Sandberg's most significant and complicated legacy may be the tech industry's reliance on personalized ads at Google and Meta — Sheryl Sandberg once remarked that she felt she was put on earth to scale organizations — and during her career as one of the most powerful executives in Silicon Valley …
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CNBC:
Sheryl Sandberg is leaving Meta this fall after 14 years, and chief growth officer Javier Olivan will take over as COO; Sandberg will stay on Meta's board
Discussion:
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Tim Baysinger / Axios:
GTCR's Dreamscape buys advertising research and analytics company Standard Media Index, after buying SQAD, another advertising intelligence firm, in April — Exit Content Preview — GTCR's Dreamscape is buying advertising intelligence firm Standard Media Index, the company announced Thursday morning.
Discussion:
Variety, PR Newswire, Next TV, GTCR and MediaPost
Don Moynihan / Can We Still Govern?:
A case study of a viral, false news story on “race-based grading” in a suburban Chicago school by LGIS News Service, part of a network run by Brian Timpone — What a viral fake news story about “race-based grading” tells us about our media ecosystem
Discussion:
@donmoyn, @bgrueskin, Insider, @bubbaprog, @bgrueskin, @donmoyn, @cahnemily, @mrjamesob, American Press Institute, @stevenwaldman, @samthielman, @samthielman, @donmoyn, @forwardcarolina, @bgrueskin, @bgrueskin, @bgrueskin, @bgrueskin, @sethcotlar, @justinbaragona, @heerjeet, @maxkennerly, @rap30, @kateamcmullen, @mollyjongfast, @willrich45, @jbouie, @jbenton, @nrarmour, @digiphile, The Daily Beast, The Kerr Report and Lead Stories
Insider:
Sources: Facebook is developing a “basic ads” product that doesn't rely on anonymized data from users and instead uses metrics like engagement and video views — - Meta's Facebook is early in developing a “basic ads” product as privacy changes limit its targeting abilities.
Discussion:
@digitalshields and @alistairmbarr
Insider:
Though the ACLU wrote the first draft of Amber Heard's op-ed and WaPo wrote the headline, the verdict highlights that the byline determines liability — - The ACLU ghostwrote Amber Heard's op-ed that a jury found defamed Johnny Depp. — Heard was also found liable for the headline, which was written by a Washington Post editor.
Brenda Goh / Reuters:
Amazon plans to stop supplying Chinese retailers with Kindles, will close the e-bookstore in China on June 30, 2023, and remove the Kindle app in 2024 — Amazon.com (AMZN.O) said it will stop supplying retailers in China with its Kindle e-readers from Thursday and will shut its Kindle e-bookstore …
Discussion:
Gizmodo, Daily Herald, @jchengwsj, Wall Street Journal, Financial Times, Engadget, Bloomberg and TechNode, more at Techmeme »
Aisha Majid / Press Gazette:
Data: UK is Europe's capital for cross-border SLAPP suits, with 15 suits between 2010 and 2021, of which 68% were by businessmen and 21% by politicians — For decades, London has been known as a hotspot for “libel tourism” as England's claimant-friendly defamation laws make it an attractive place …
Discussion:
@article19europe and @charlottetobitt
David Roeder / Chicago Sun Times:
The Chicago Sun-Times names Jennifer Kho as executive editor, the first woman and person of color to lead the newsroom; interim EIC Steve Warmbir is leaving — The former managing editor of HuffPost and Guardian US will be the first woman and first person of color to lead the paper's newsroom in its 178-year history.
Discussion:
@robertmccoppin, @mattmoog and @tinasfon
Brian Steinberg / Variety:
Paramount's ad-supported Pluto TV plans to launch a streaming channel in 2022 offering new and archived episodes of CBS News' 60 Minutes — CBS News' venerable “60 Minutes” is creating a time machine, of sorts. — The long-running newsmagazine will be form the bulk of a new channel at Pluto …
Ben Sisario / New York Times:
Harry Styles sells 182K vinyl copies of his album in a week, the most for anyone since 1991, and 500K+ overall units; for most, a goal of 1M is now out of reach — “Harry's House,” the British pop star's third solo album, moved more copies on vinyl since at least 1991, when SoundScan began keeping reliable sales data.
Discussion:
@billboard, Forbes and Variety
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