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Dylan Byers / @dylanbyers:
Tucker Carlson will relaunch his show on Twitter with help from ex-Fox News staff and will forgo at least $25M owed to him by Fox to break a non-compete clause — 🚨 NEWS: Tucker Carlson will relaunch his show *on Twitter* with help from former Fox News staff. He will forgo at least $25 million owed to him by Fox Corp. in order to break non-compete clause. @PuckNews
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Axios:
Docs and sources: Tucker Carlson accuses Fox News of fraud and breach of contract; Carlson was told he was taken off the air as part of the Dominion settlement — Tucker Carlson, two weeks after being ousted by Fox News, accused the network Tuesday of fraud and breach of contract …
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Los Angeles Times, The Wrap, Rolling Stone, CNBC, CBS News, TVLine and Deadline
Axios:
Sources: NBCUniversal is finalizing a settlement with CNBC's Hadley Gamble, who is leaving the company and whose complaint led to CEO Jeff Shell's firing — NBCUniversal is finalizing a settlement with CNBC senior international correspondent Hadley Gamble, sources tell Axios.
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Chloe Berger / Fortune:
The NYT faces criticism for its sympathetic Elizabeth Holmes profile, which glossed over the potentially massive consequences of her fraud — Elizabeth Holmes, the former entrepreneur who was convicted of one of the biggest frauds in business history, swapped out her trademark black turtleneck …
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NBC News:
A jury finds Donald Trump liable for sexually abusing and defaming writer E. Jean Carroll, awarding her $5M in her civil suit, but rejects her rape claim — Carroll sued the former president, accusing him of battery over an alleged rape in the 1990s and of defamation for calling her account a “hoax.”
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Matthew Keys / The Desk:
The FBI executed a search warrant May 8 at the home of Timothy Burke, a video editor who once worked at Gawker, Abrams Media, Deadspin, and The Daily Beast — A law enforcement source confirms the former video editor, who now runs his own communications firm, is the target of a criminal investigation.
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Creative Loafing Tampa Bay, Awful Announcing, Tampa Bay Times, @rl_bynum, Florida Politics and Spectrum Bay News 9, Thanks:@thedeskdotnet
Jennifer Maas / Variety:
AMC Networks Q1: revenue up 0.7% YoY to $717M, operating income down 0.8% YoY to $173M, US ad sales down 20% YoY; streaming subs fell to 11.5M from 11.8M in Q4 — This drop in subs follows a slight increase of 700,000 paid streaming customers between Q3 and Q4 of last year.
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Fierce Video, Ad Age, @davidpoland, The Streamable, Bloomberg, The Hollywood Reporter, The Wrap, The Hollywood Reporter, Next TV and Media Play News
Jennifer Maas / Variety:
MTV News is shutting down, as Showtime, MTV Entertainment Studios, and Paramount Media Networks lay off about 25% of their employees in the US — Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday …
Alex Weprin / The Hollywood Reporter:
Fox Corp. reports Q3 revenue up 18% YoY to $4.08B and a $50M loss, primarily due to the Dominion settlement; ad revenue rose 43% YoY 1.86B due to the Super Bowl — The Super Bowl helped Fox's advertising revenue improve by 43%. — The high-profile settlement between Fox Corp …
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Sara Fischer / Axios:
Crypto outlet Blockworks raised $12M at a $135M post-money valuation led by 10T Holdings to further develop its nascent research and data analytics offering — Blockworks, a media company that covers cryptocurrency for professionals, has raised $12 million at a $135 million post-money valuation …
Discussion:
CoinDesk, @bradydale, @defi_dad, @jasonyanowitz, @rafat and Talking Biz News
J. R. Moehringer / New Yorker:
The ghostwriter of Prince Harry's memoir Spare on becoming a ghostwriter, gaining a new perspective on the tabloids after the UK media covered him, and more — Collaborating on his memoir, “Spare,” meant spending hours together on Zoom, meeting his inner circle, and gaining a new perspective on the tabloids.
Katie Robertson / New York Times:
Former Fox News producer Abby Grossberg voluntarily dismisses one of her lawsuits against the network; her lawyer says she intends to refile in the coming weeks — The lawsuit, brought by Abby Grossberg, accused the cable network of pressuring her to lie in a deposition.
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