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7:25 PM ET, May 4, 2023

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 Top News: 
Tim Baysinger / Axios:
CEO Bob Bakish says Paramount restarted the process to sell Simon & Schuster, after US regulators blocked selling the publisher to Penguin Random House in 2022  —  - Tim Baysinger, author of Axios Pro: Media Deals  —  Paramount Global has restarted the sale process for book publisher Simon & Schuster …
Discussion: Associated Press
RELATED:
Caitlin Huston / The Hollywood Reporter:
Paramount CEO Bob Bakish says consumers won't notice the WGA writers' strike “for a while”, citing unscripted content, a large library, and offshore production  —  The studio says it has a slate of new releases, a large library and offshore production to get through the strike.
Lucas Manfredi / The Wrap:
Paramount Q1: revenue down 1% YoY to $7.3B and a $1.23B loss; streaming revenue up 39% YoY and a $511M loss; Paramount+ hits 60M subscribers; PARA drops 28.35%
Ross A. Lincoln / The Wrap:
In a show of solidarity, members of six guilds including the DGA, SAG-AFTRA, IATSE, and Teamsters joined the Writers Guild of America at a Los Angeles rally  —  Participants included SAG, DGA, IATSE, the Teamsters, and more  —  In a massive show of solidarity, on day 2 of the ongoing Writers' strike …
RELATED:
David Robb / Deadline:
The AMPTP pushes back on the WGA's demands, saying writers have “almost nothing in common” with gig jobs, commits to more discussion about AI material, and more  —  The Alliance of Motion Picture and Television Producers struck back today, providing answers to the WGA's talking points …
Washington Post:
Sources: Tucker Carlson aspires to move into a larger role that doesn't limit him to a single medium and wants to moderate a GOP candidates' forum for 2024  —  The fired Fox host, hoping for a next act bigger than podcasting, would forfeit millions owed to him in his network contract …
ABC News:
Ed Sheeran wins the copyright infringement lawsuit accusing him of copying the sheet music for his song Thinking Out Loud from Marvin Gaye's Let's Get It On  —  The case involved “Thinking Out Loud” and Marvin Gaye's “Let's Get It On.”  —  Ed Sheeran has defeated a copyright infringement lawsuit involving …
Oliver Darcy / CNN:
Fox opposes news outlets' efforts to unseal Dominion's redacted lawsuit material, saying the company settled the case in large part to end the “media spectacle”  —  Fox said in a court filing Wednesday that it settled the monster defamation lawsuit brought by Dominion Voting Systems …
Discussion: Variety, @cfidd and Associated Press
Todd Spangler / Variety:
Apple reports Q2 revenue for its Services segment, which includes Apple TV+, Apple News+, and Apple Music, grew 5.5% YoY to $20.9B  —  But the tech giant topped Wall Street expectations and its services business hit a new record for sales, while iPhone revenue also increased year-over-year.
Editor and Publisher:
Yahoo promotes Lauren Johnston to executive editor of Yahoo News US, which she joined in July 2014 from the New York Daily News  —  Johnston will lead original content strategy across news, entertainment and lifestyle verticals  —  Yahoo today announced the promotion of Lauren Johnston …
Jemima Kelly / Financial Times:
Twitter's Community Notes is changing fact-checking by avoiding the term and using a crowdsourced consensus, a model for a fairer and more transparent approach  —  The strength of the platform's Community Notes feature is that it works through consensus  —  I think I might have let out an audible groan …
Troy Smith / Axios:
Convicting a Murderer, a docuseries narrated by right-wing commentator Candace Owens that rebuts Netflix's Making a Murderer, will premiere on DailyWire+  —  “Convicting a Murderer,” the docuseries from Cleveland's Transition Studios that serves as a rebuttal to Netflix's “Making a Murderer,” has found a home.
 
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 More News: 
Michelle Nichols / Reuters:
USAID launches Reporters Shield, a program to defend journalists globally from legal threats aimed at silencing critical voices, a tactic described as “lawfare”
 Earlier Picks: 
Dade Hayes / Deadline:
Twitter announces to ad buyers an expansion of its NBCUniversal partnership for the 2024 Summer Olympics; Snap announced a similar initiative with NBCU on May 1
Lachlan Cartwright / The Daily Beast:
A judge tosses out Donald Trump's lawsuit against The New York Times and his niece Mary Trump, in which he alleged an “insidious plot” to obtain his tax records
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
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