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5:05 PM ET, March 29, 2023

Mediagazer

 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:
Elizabeth Lopatto / The Verge:
Substack's fundraising email, absent of 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 …
Charlotte Klein / Vanity Fair:
Inside The Messenger's acquisition of Grid News, which came as a surprise to some Grid staff, who say they have been told it 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.
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 …
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 …
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Amanda Terkel / NBC News:
Newly released slides from a Dominion court presentation show Fox News aired 2020 election myths 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 …
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.
Jem Aswad / Variety:
Email: Warner Music Group CEO says it will eliminate 270 positions, or around 4% of the company's global staff, as it makes “hard choices in order to evolve”  —  Warner Music Group will eliminate 270 positions as part of a wider evolution of the company, new CEO Robert Kyncl announced …
 
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 More News: 
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
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
 Earlier Picks: 
@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
Omari Daniels / Washington Post:
An appeals court restores Serial podcast subject Adnan Syed's murder conviction, after a lower court didn't give proper hearing notice to the victim's brother
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
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Joanna Nelius / The Verge:
Qualcomm details its Snapdragon X Plus and X Elite chips; benchmarks from a demo suggest the chips match Apple's M3, Intel's Core Ultra 9, and AMD's Ryzen 9

 
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