Top News:
Brooks Barnes / New York Times:
Marvel Entertainment chairman Isaac Perlmutter is laid off as part of Disney's layoffs, after he was part of an unsuccessful attempt to shake up Disney's board — The move was part of a company cost-cutting campaign and came after Mr. Perlmutter was part of an unsuccessful attempt to shake up Disney's board.
RELATED:
Adam B. Vary / Variety:
Disney absorbs Marvel Entertainment, which is separate from Marvel Studios, into other units; the divison's president Dan Buckley will now report to Kevin Feige — Along with Perlmutter, Marvel Entertainment's co-president, Rob Steffens, and chief counsel, John Turitzin, were also dismissed.
Discussion:
Deadline
Max Goldbart / Deadline:
The UK publishes its draft Media Bill that could see Netflix, Disney+, and other US streamers fined up to £250K for breaking harmful material rules under Ofcom — The UK government has published its long-awaited draft Media Bill to bring the U.S. streamers under its regulatory framework …
Discussion:
Financial Times, @perezhilton, @deepbagchee, Variety, @sanjayjha, Reuters and GOV.UK, more at Techmeme »
RELATED:
Jim Waterson / The Guardian:
UK leaders plan to kill a law forcing news outlets to pay court costs of those who sue them, as part of a bill that may also add streaming service regulation — Government to roll back section 40 legislation, recommended by Leveson, as part of media bill — Ministers will push ahead …
Discussion:
@sebastianepayne, @brokenbottleboy, @davidleighx and Hacked Off
Sara Fischer / Axios:
Substack invites its newsletter writers and others to invest, raising $5M+; source: the raise is an extension of Substack's $65M Series B in March 2021 — Substack, the newsletter platform, will open up a community fundraising round on Tuesday, allowing writers on the platform to invest in the company.
Discussion:
On Substack, @hamishmckenzie, @dceiver, @elongreen, @caseynewton, @cjgbest, @dinfontay, @misha_saul, @rafat, @parkermolloy, @parkermolloy, @sarthakgh, @baileyelaine, @hamishmckenzie, @iiiitsandrea, @emilyrnunn, @ejeancarroll, @nmasc_, @anthony, @niubi, @jessicalessin, @binarybits, @substackinc, The Information, @sarafischer, @ryansingel@writing.exchange, TechCrunch, Bloomberg and Platformer
Aisha Malik / TechCrunch:
Google plans to add a “Perspectives” carousel, showcasing journalists and others under Top Stories, and an “About this author” feature for US English searches — Google is introducing new ways for users to verify information on Search, the company announced on Tuesday.
Discussion:
Telangana Today, @killedbygoogle, The Keyword, Search Engine Land and The Verge, more at Techmeme »
Aidan McLaughlin / Mediaite:
Sources detail tensions between Tucker Carlson and Suzanne Scott and say Carlson is unaccountable to leadership and operates in his own fiefdom at the network — As Fox News finds itself beset by an internal crisis fueled by Dominion's $1.6 billion defamation suit, long-simmering tensions …
Discussion:
CNN, @oliverdarcy, @juliewestfall, @joeofthenorth, @aidnmclaughlin, @sulliview and The Wrap
Reuters:
A report claims Amazon is considering acquiring theater chain AMC Entertainment Holdings, whose stock initially jumped 18% and closed up 13.19% on March 28 — Shares of AMC Entertainment Holdings Inc (AMC.N) jumped more than 18% on Tuesday, set for their biggest gain in a month …
Discussion:
The Intersect, The Streamable, Fast Company, @royprice, Forbes, The Wrap, Media Play News, Insider and Bloomberg
Joe Flint / Wall Street Journal:
The NFL and RedBird Capital create EverPass Media to stream NFL games and eventually other events to commercial establishments, starting with the 2023-24 season — Sunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular subscription package
Discussion:
Next TV, The Streamable, Radio & Television …, nflcommunications.com, @jbflint, The Desk, The Hollywood Reporter, Awful Announcing and Sportico
@nytimesguild:
[Thread] Comparing compensation increases for The New York Times' CEO and other top executives to salaries for NewsGuild members, who are seeking a new contract — The @nytimes recently disclosed the latest compensation packages for our top executives. Among the highlights: Our C.E.O., @meredith_levien, was paid $7.6 million in 2022, up from $4.4 million in 2020. That's a 73% increase.
Discussion:
@erinbiba, @mauricechammah, @nytimesguild, @nytimesguild, @karenkho, @monicabyrne13, @rvoronacote, @nifmuhammad, @jlpolito, @greenhousenyt, @vahn16, @kaytiburt, @alexlaughs, @alexlaughs, @mariemyungoklee, @moorehn, @danahoule, @nytimesguild, @allylovespono, @nytimesguild, @nytimesguild, @jimlaporta, @dennismhogan, @blackamazon, @girlpowertbh and @gaywonk
Jeff Stone / Bloomberg:
Mandiant: suspected North Korean hackers are posing as NYT and VoA staff to collect strategic intelligence from officials in the US and South Korea — Suspected North Korean hackers are posing as journalists and trying to gather intelligence about international officials' approach …
Discussion:
@jeffstone500, Insider, CoinDesk and Wired, more at Techmeme »
Ryan Barwick / Marketing Brew:
Google rolls out Ads Transparency Center, letting users search all ads on the platform within 30 days of them running — Users will be able to search all ads on the platform within 30 days of them running. … Get out your library cards and pay those late fees: Google is playing librarian.
Discussion:
Bloomberg, AdExchanger, Washington Post, TechCrunch, @ryanbarwick, Reuters, Gizmodo, @jason_kint, @jason_kint, @killedbygoogle, The Keyword, Search Engine Land and Ad Age
Sara Fischer / Axios:
Gannett CEO Mike Reed says the company's top ~100 dailies bring in ~90% of its newspaper business revenue so they are “probably where most of our focus will be” — - CEO Mike Reed said on last month's earnings call that the company “would entertain bids on any of our markets.”
Discussion:
@terrencemcd, @jbenton, @appodlachia, @dicktofel, @russbengtson and @sarafischer
RELATED:
James Rainey / Los Angeles Times:
A look at the decline of Gannett's The Salinas Californian, whose only original content comes from paid obituaries after its last reporter quit in December 2022
Discussion:
American Press Institute, @bymorganmatzen, @kaileybroussard, @kateconger, @jeongpark52, @k_cimini, @commoncause, @emily_hoeven, @nancyrockland, @richardwarnica, @tromcmanus, @penamerica, @rana_cash, @tatecurtis, @ohioaj, @byianjames, @latsondheimer, @tarantulaarms, @calitruecrime, @_ishanidesai, @avisholkoff, @frannydink, @charlesornstein, @danielmorain, @gsanroman2, @marybschneider, @raineytime, @peterbakernyt and @margotroosevelt
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