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3:30 PM ET, April 29, 2023

Mediagazer

 Top News: 
John Herrman / New York Magazine:
The death of BuzzFeed News and the pivots to nowhere by bloated social media giants show the absurdity of the news media marrying a speculative tech industry  —  The media bet its future on Facebook.  Did it learn from that mistake?  —  BuzzFeed, the archetypal new media company of the 2010s …
Rachel Treisman / NPR:
An interview with comedian and Daily Show correspondent Roy Wood Jr., who is hosting the White House Correspondents' Dinner on April 29, on the news cycle, more  —  Some of the biggest names in politics and media will gather in Washington, D.C., Saturday night for the White House Correspondents' Dinner …
Jonathan Vanian / CNBC:
Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+  —  - Snap came in light on revenue and ARPU in its first-quarter earnings report.  — The company said its “internal forecast” …
Jim Waterson / The Guardian:
Richard Sharp resigns as BBC chair after months of mounting pressure over his role in helping Boris Johnson get a loan and his handling of the Gary Lineker row  —  Investigation says Sharp broke rules on public appointments, creating ‘potential perceived conflict of interest’
Elon Musk / @elonmusk:
Elon Musk claims that Twitter plans to let media publishers charge users on a per-article basis, with one click, starting in May 2023  —  Rolling out next month, this platform will allow media publishers to charge users on a per article basis with one click. This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article.... https://twitter.com/...
Alexandra Bruell / @alexbruell:
The New York Times is using a new format that breaks down some news articles into sections like “Why It Matters” and has told some reporters to shorten stories  —  Mini scoop: The New York Times is using a new format that breaks down some news articles into sections, such as “Why It Matters.” Feels very Axios. Here's an example https://www.nytimes.com/...
Reuters:
EU lawmakers push forward an AI Act draft, which includes requiring companies deploying generative AI tools to disclose copyrighted material used for training  —  Companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems …
Matthew Keys / The Desk:
Sinclair Broadcast Group is replacing local newscasts at Toledo's WNWO and Southern Oregon's KTVL with The National Desk, and laying off their entire newsrooms  —  Sinclair Broadcast Group is pulling local news from its Toledo NBC affiliate, a move that was described as a way to “ensure our long-term success.”
@hearstunion:
[Thread] WGA East members at Hearst Magazines announce they have a union contract, subject to a ratification vote starting next week, after years of bargaining  —  BREAKING NEWS: We have reached a deal! Details tk, but we're so proud of our awesome bargaining committee, @WGAEast organizers and staff, and our entire unit for reaching a historic win not just for @Hearst but for the entire media industry. Hearst has a union contract, world! https://twitter.com/...
Aisha Majid / Press Gazette:
Discussion: @pressgazette
 
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 More News: 
Alex Weprin / The Hollywood Reporter:
The NBA's Phoenix Suns sign a broadcast deal with Gray Television and a streaming deal with Kiswe, bringing the games to 2.8M+ households, triple the old RSN
Blake Brittain / Reuters:
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a 2016 contract covering its use of musicians' songs on the platform
 Earlier Picks: 
Raisa Patel / Toronto Star:
Canada's Online Streaming Act passes its final Senate vote; the law requires streaming services to support Canadian content and gives the CRTC regulatory power
Ellen Huet / Bloomberg:
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022
Carmel Dagan / Variety:
Jerry Springer, the former news anchor and mayor who presided over the controversial and profitable talk show bearing his name for over two decades, dies at 79
Jeremy Barr / Washington Post:
CNN replaces John King with Dana Bash as the host of Inside Politics, the first time she will host her own daily show after nearly 30 years at the network