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 …
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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.
Discussion:
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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 …
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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.
Discussion:
The Texas Observer, The Guardian, Media Nation, @gusbova, New York Times, @megankimble, @patrickmichels, @markmetz, @stevanzetti, The Wrap, @mckinneykelsey, @rolandsmartin, @stevanzetti, @penamerica, @therickwilson, @juliacarriew, @joshua_peck_, @mattzollerseitz, @jsrailton, @markmetz, @jasonisbell, @andreagrimes, @bilgeebiri, @sarahfromttupm, @sewellchan, @TexasObserver … and The Hill
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.
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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 …
Discussion:
The Guardian and National Review, more at Techmeme »
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.
Discussion:
@charlottetklein, @bgrueskin, @haleaziz, @grahamstarr, @jayrosen_nyu, @harrisonxjacobs, @imillhiser, @niemanlab, @mediaevan, @chrisgeidner, @scottnover and @sarayasin
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 …
Discussion:
@willsommer, The Daily Beast, Poynter, Washington Post, Media Matters for America, NPR, Mediaite, @dcuthbert, @aterkel, @aterkel, @clarajeffery, @pamkeithfl, @aterkel, @justinbaragona, The Wrap, @mattgertz, @authorsjb, Rolling Stone, CNN, The Guardian, Mediaite, Vanity Fair, The Rural Blog and Bloomberg
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 …
Discussion:
Bloomberg, CNBC, yesnetwork.com, @frankpallotta, @tvgrimreaper, CNET, Sportico, The Desk, Next TV, Awful Announcing, New York Post, The Streamable and Cord Cutters News
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 …
Discussion:
@oliverdarcy, @semaforben, New York Magazine, @juliewestfall, @joeofthenorth, @sulliview, @aidnmclaughlin, CNN and The Wrap
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