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7:45 AM ET, March 30, 2023

Mediagazer

 Top News: 
Skyler Swisher / Orlando Sentinel:
Board members handpicked by Florida Gov. Ron DeSantis to oversee Disney World's district say Disney set up covenants blocking the new board's power for decades  —  LAKE BUENA VISTA — Gov. Ron DeSantis' handpicked board overseeing Disney World's government services is gearing …
RELATED:
Wall Street Journal:
Sources: Disney has laid off over 300 employees in Beijing who worked on its streaming services, as the company carries out the first wave of 7,000 job cuts  —  Entertainment company began this week to carry out the first wave of a plan to cut 7,000 jobs  —  Walt Disney Co. DIS 2.16%increase …
Discussion: @jtoonkel, Deadline and New York Post
Brooks Barnes / New York Times:
Disney laid off Marvel Entertainment chairman Isaac Perlmutter as part of its 7,000 job cuts, after his unsuccessful effort to shake up Disney's board in 2022  —  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.
Bloomberg:
Russia's Federal Security Service says it detained WSJ reporter Evan Gershkovich over suspicion of “espionage in the interests of the American government”  —  Russia's Federal Security Service said it detained Wall Street Journal reporter Evan Gershkovich in Yekaterinburg on spying allegations …
Sewell Chan / The Texas Tribune:
The Texas Observer's publisher says the 68-year-old outlet will keep publishing after staff crowdfund $300K+ and the board votes unanimously to rescind layoffs  —  The crusading liberal magazine had planned to lay off its staff after its nonprofit board voted to shut down.  But it reversed course on Wednesday.
Wall Street Journal:
Sources: to comply with EU privacy rulings, Meta will let users opt out of some highly personalized ads, using an online form that Meta will review and approve  —  Facebook, Instagram parent hopes plans to alter a privacy approach that would limit the impact from EU orders  —  Facebook's Top Posts Were Trash.
RELATED:
Financial Times:
Sources: Meta is considering a company-wide political ads ban in Europe, concerned its platforms will be unable to comply with forthcoming online campaign laws  —  Facebook parent concerned how it will police social networks in wake of new EU regulations  —  Meta executives are discussing …
Charlotte Klein / Vanity Fair:
Inside The Messenger's acquisition of Grid News, which came as a surprise to some Grid staff, who say they were told the startup had a two- to three-year runway  —  Grid News, a one-year-old start-up, shuttered this week after getting acquired by The Messenger, which launches next month.
Amanda Terkel / NBC News:
Newly released Dominion court presentation slides show Fox News aired 2020 election conspiracies despite its fact-checking “Brain Room” deciding they were false  —  A presentation from Dominion Voting Systems show emails detailing the Fox News fact checks, which were released Wednesday …
Elizabeth Lopatto / The Verge:
Substack's fundraising email, lacking any real financial information, reads like a cynical ploy and is not a good omen for the platform's longevity  —  Substack is desperate, huh?  That's what I understand from their fundraising email, anyway.  They're now hitting up retail investors …
Jay Peters / The Verge:
The YES Network, which airs New York Yankees, Brooklyn Nets, and New York Liberty games, launches a streaming service for $24.99/month in its regional territory  —  The Yankee Entertainment and Sports (YES) Network, a regional channel that broadcasts games from the New York Yankees …
Aidan McLaughlin / Mediaite:
Sources detail the tensions between Tucker Carlson and Suzanne Scott, as 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 …
 
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 More News: 
Jem Aswad / Variety:
Email: Warner Music Group CEO Robert Kyncl plans to cut 270 positions, or ~4% of the company's global staff, as part of “some hard choices in order to evolve”
Ryan Barwick / Marketing Brew:
Google launches an Ads Transparency Center, showing all the ads from verified advertisers on its platforms, in the formats, the regions, and the dates they ran
 Earlier Picks: 
Elias Leight / Billboard:
A Billboard charts analysis: it's a bit harder to get a top 40 hit than 20 years ago, but artists that do have similar odds of building a catalog of big tracks
Discussion: Music Industry Blog
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