Top News:
Nathan Bomey / Axios:
Maria Ressa says the Philippines' SEC told Rappler to close; Ressa says Rappler will fight the ruling affirming an earlier order revoking incorporation papers — HONOLULU — Nobel Peace Prize laureate and journalist Maria Ressa said Tuesday that the Philippine government has ordered her news organization to shut down.
Discussion:
The Guardian, Bloomberg, @moonalice, Al Jazeera, CNN, @dangillmor, @sarakgoo, @brooklynmarie, @davetroy, @marklittlenews, @khadijapatel, @icfj, @jason_kint, @kylecmatthews, @icijorg, @jairaroxas_, @nathanbomey and @maxwalden_
Jen Wieczner / New York Magazine:
An in-depth look at why some BuzzFeed stockholders were unable to sell their shares when the company went public, a situation securities lawyers say is unusual — Some ex-employees, it turns out, were able to trade while others could only watch the shares plummet.
Discussion:
@tomgara, @oliverdarcy, @lolacoaster, @intelligencer, @caleweissman, @dinfontay, @annehelen, @walthickey, @rafat, @ericthurm, @loudmouthjulia, @lainnafader and @joshfjelstad
Tarpley Hitt / Gawker:
New York Magazine ran a story on cancel culture in high school, but failed to disclose that the author used a tale from her child's school, contorting the piece — In the impoverished ecosystem of contemporary print media, New York magazine has styled itself as a venue for rigorous, often wry, and overtly left-leaning journalism.
Discussion:
@tarpleyhitt, @georgeciveris, @automaticzen, @_cingraham, @jonbernhardt, @jhweissmann, @omarsrashad, @naomigloebl, @clbergpowers, @rottenindenmark, @reclaimuc, @iwriteok, @brookeobie, @jeremylittau, @karnythia, @partyhkt, @bgrueskin, @thrasherxy, @dangillmor, @zoewhittall, @alexmcdaniel, @notrivia, @jeffbercovici, @lmichet, @blackamazon, @caitlinmoriah, @velocciraptor, @brydielk, @nina_metz, @drvolts, @mckinneykelsey, @r0wdy_ and @resnikoff
Alex Weprin / Hollywood Reporter:
Disney CEO Bob Chapek gets a three-year contract extension, through 2025, in a unanimous board decision — Chapek has led Disney since February 2020. — The Walt Disney Co. is sticking with Bob Chapek. — The CEO, who took over from the well-liked Bob Iger just a month …
Discussion:
CNBC, Deadline, @alexweprin, @uptotask, Los Angeles Times, @aaroncouch, IndieWire, The Wrap, @rfaughnder, @megjameslat, Financial Times and Benzinga
Todd Spangler / Variety:
Roku adds eight NBC local news channels to the Roku Channel for free, its first local news offering, and plans to add more channels in the coming months — Roku is thinking local: In the streaming platform's first local news programming pact, Roku is adding eight NBC local news channels …
Ben Cohen / Wall Street Journal:
Parrot: in 2020, 35 of the 50 top new streaming series had entire seasons released on the same day; in 2021, it was 14, and so far in 2022, it is 15 — With the final two episodes of ‘Stranger Things,’ Netflix may offer a business lesson in how to respond when the conditions of a company's early success change
Discussion:
@georgikantchev, @jasongay and @jbflint
Jennifer Maas / Variety:
CAA closes its acquisition of talent agency ICM Partners following the DOJ's approval in a deal valued at $750M, reducing the Big Four agencies to the Big Three — The deal, which Variety has learned is valued at $750 million, giving a pro-forma valuation of $5 billion to the merged agency, was first announced in September 2021.
Discussion:
Hollywood Reporter, Pollstar News, @jonleebrody, Los Angeles Times, The Wrap, Sportico, Music Business Worldwide, @variety, Deadline and Billboard
Shirley Zhao / Bloomberg:
Netflix plans to grow its investments in Asia Pacific, which has 15% of its 221.6M subscribers and is forecast to be the biggest driver of further expansion — Netflix Inc. is looking to Asia after its shock first-quarter slowdown, seeking to both maintain growth in the one region …
Discussion:
@shirleyzhaoxy and @financialreview, more at Techmeme »
Michael Malone / Next TV:
Endangered, a documentary chronicling a year in the lives of four journalists in countries where press freedom has been considered a given, premieres today — Film about the challenges facing journalists worldwide premieres June 28 — Endangered, a documentary about the perils facing journalists around …
Discussion:
@localnewsini
Anthony Vargas / AdExchanger:
New York-based Veritonic, an audio ad measurement and attribution startup, raised a $7.5M Series A led by Lavrock Ventures, bringing its total funding to $14M — The audio advertising market is heating up, and investors are getting in on the action. — Audio analytics platform Veritonic …
Discussion:
Axios, Podnews and Inside Radio
Charlotte Tobitt / Press Gazette:
The BBC apologizes and agrees to pay a “significant sum” to a former journalist who raised concerns about how Martin Bashir got his Princess Diana interview — The BBC has apologised and agreed to pay a “significant sum” to a former Panorama journalist who alerted the broadcaster …
Discussion:
Variety, @pressgazette, The Guardian and bbc.co.uk
Washington Post:
Journalists covering Uvalde have faced near-constant interference, intimidation, and stonewalling from local and state law enforcement — Reporters came to Texas to tell the story of the Robb Elementary School massacre. But ‘we were seen as enemies’ by police, they say.
Discussion:
@tomjackmanwp, @elaheizadi, @mikefinger, @reinh, @washingtonpost and Rolling Stone
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