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5:05 PM ET, May 5, 2023

Mediagazer

 Top News: 
BuzzFeed News:
BuzzFeed News, launched in 2012, shuts down and archives its website; current and former staff share their memories in a recap as the outlet's final post  —  BuzzFeed News has been described as a chaos agent, a pirate ship, a reputable news organization, and, most notably, a “failing pile of garbage” by former president Donald Trump.
Colby Hall / Mediaite:
Fox News sends Media Matters a cease-and-desist letter over a series of stories featuring leaked footage of Tucker Carlson, claiming the material is its IP  —  Fox News has sent a cease and desist letter to Media Matters and its president and CEO Angelo Carusone over a series of stories posted …
Alex Sujong Laughlin / Defector:
A look at the idea that the 2007 writers' strike caused the rise of reality TV and how workers on unscripted shows and cast members are chronically undervalued  —  As of Tuesday, the Writers Guild of America is on strike.  Their proposals are aimed at making the work of writing TV …
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
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
Wall Street Journal:
Sources: Vice Media is nearing a deal to get acquired out of bankruptcy by lenders including Fortress Investment Group and Soros Fund Management for ~$400M  —  The media business is in talks to sell itself to top lenders Fortress Investment and Soros Fund Management through a reorganization that would wipe out other investors
Cristina Criddle / Financial Times:
A journalist recounts discovering that ByteDance surveilled her in 2022 after reporting on TikTok's staff troubles in London and wonders why she was targeted  —  The FT's Cristina Criddle on discovering she'd been surveilled by the controversial social media company
The Guardian:
English Football League clubs vote to accept a £935M, five-year deal with Sky Sports, which raises the number of matches broadcast to 1,000+ per season  —  - Five-year agreement begins in 2024 - Deal keeps Saturday blackout in place  —  English Football League clubs have unanimously voted …
Georg Szalai / The Hollywood Reporter:
WBD Q1: revenue down 6% YoY to $10.7B, a $1.07B net loss, $2.46B streaming revenue and $50M profit, up from a $217M loss in Q4 2022, and 97.6M DTC subscribers  —  The company, led by CEO David Zaslav, reported negative free cash flow in the first quarter due to interest and sports rights payments …
John Ourand / Sports Business Journal:
Scripps signs a multiyear deal to carry the games of the NHL's Vegas Golden Knights, another team bypassing RSNs, two weeks after signing to carry WNBA games  —  For the second time in a week, a local broadcast channel picked up the rights to a professional sports team.
Sahil Patel / The Information:
Nielsen: YouTube makes up more TV viewing than any network or streamer; sources: nearly 45% of US YouTube viewing is on TV and upfront ad sales could hit $7B+  —  For years, Google's YouTube couldn't get any respect from the TV industry.  TV marketers wouldn't go near it out of fear …
Matthew Keys / The Desk:
Fox launches Fox Local, a free streaming app featuring local news, weather, and programming in Atlanta, DC, and Detroit, with plans to roll out to 14 more later  —  The Fox Local app offers live access to news feeds from three Fox-owned stations; the other 14 will be added at a later date.
Janko Roettgers / Lowpass:
Sources: Pluto TV co-founder Ilya Pozin is working on Teevee, a startup building a free TV set, to be revealed in 2023, monetized via ads on a second screen  —  Free TVs, anyone? … Pluto TV co-founder Ilya Pozin is giving ad-supported TV viewing another stab: Pozin has been quietly working …
Alex Weprin / The Hollywood Reporter:
Eight CW stations owned by CBS plan to go independent in September 2023, carry Paramount content, and pursue sports deals akin to Scripps' and Gray TV's  —  CW stations in Philadelphia, Seattle, Atlanta, Detroit and other major markets will drop their affiliation and go independent.
 
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 More News: 
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
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
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
Discussion: Talking Biz News and MediaPost
 Earlier Picks: 
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
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
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities
 
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