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2:05 PM ET, May 13, 2023

Mediagazer

 Top News: 
Alex Griffing / Mediaite:
Report: CNN CEO Chris Licht and three executives met with Oliver Darcy and his editor and told them that Darcy's Trump town hall coverage had been too emotional  —  CNN media reporter Oliver Darcy was reportedly scolded by his boss Chris Licht, the chairman and CEO of the network …
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Hugo Lowell / The Guardian:
Sources: CNN tried to book Donald Trump for months; he agreed after his campaign reached an understanding that CNN would book Trump surrogates, which CNN denies  —  Questions also linger over what the network offered the ex-president in exchange for what some called a Trump infomercial
Brian Stelter / @brianstelter:
[Thread] On May 11's editorial call, CNN's Chris Licht says Kaitlan Collins “made a lot of news” and “America was served very well by what we did last night”
Lillian Rizzo / CNBC:
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Lucas Manfredi / The Wrap:
Linda Yaccarino is stepping down as NBCUniversal's chairman of global advertising and partnerships, set to be replaced in the interim by Mark Marshall  —  The executive will be succeeded in the interim by advertising sales and client partnerships president Mark Marshall
Washington Post:
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets  —  Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
Sara Fischer / Axios:
Tech company Luminar's CEO Austin Russell says he acquired an 82% stake in Forbes at a ~$800M valuation; sources: the bid is supported by Sun Group, GSV, others  —  Austin Russell, the CEO of electric vehicle technology company Luminar Technologies, has acquired an 82% stake in Forbes.
Pete Syme / Insider:
Twitter appears to limit search results for news website Bellingcat; Elon Musk has suggested that Bellingcat's Texas mall shooting investigation was a “psyop”  —  - The investigative news website Bellingcat reported on the Texas mall shooter's apparent neo-Nazi beliefs.
Alex Weprin / The Hollywood Reporter:
A chaotic year has upended media companies' upfront presentations to woo advertisers, amid top executive departures, the writers' strike, cord cutting, and more  —  From May 15-18, expect Disney, NBCUniversal and Warner Bros. Discovery execs to work overtime selling their wares to ad buyers during a downturn and a major work stoppage.
The Baron:
Reuters EIC Alessandra Galloni sets an AI use framework: journalists are responsible for greenlighting content that uses AI, disclosure is essential, and more  —  Reuters set out a framework for using artificial intelligence to support its journalism with “rigorous oversight by newsroom editors” …
Discussion: @palewire and @patwhite70
Etan Vlessing / The Hollywood Reporter:
Lionsgate combines its film production and acquisition groups; the company is aiming to split off its pay TV and streaming business from its studio operations  —  Nathan Kahane will lead a consolidating content group under chairman Joe Drake. … In the new structure …
Erin Woo / The Information:
Sources: TikTok has been offering artists custom deals that are more typical of major record labels, exchanging licensing for an advance and a revenue split  —  Over the past few years, TikTok has become a viral hitmaker, sending musical artists like Lil Nas X to the top of the record charts …
New York Times:
Netflix has become an avatar for the striking writers' complaints, as the streaming era eroded working conditions, stagnated wages, and disrupted residual pay  —  Fear of protests prompted the streaming giant to shift an anticipated presentation for advertisers to a virtual event and a top executive to skip an honorary gala.
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 More News: 
Joseph Cox / VICE:
A scammer made about CA$13K selling AI-generated “leaks” of fake Frank Ocean tracks on Discord, as distinguishing between real and AI music becomes difficult
Discussion: Music Ally and Plagiarism Today
Bloomberg:
Sources: Fifth Season, the Hollywood studio behind the Apple TV+ series Severance, is looking to raise ~$300M by issuing debt or selling a stake in the business
Naman Ramachandran / Variety:
Report: the EU and UK gross box office grew 70% YoY to €5.1B in 2022 but was down 28% compared to 2017-2019; cinema attendance grew 63% YoY to 657M tickets sold
 Earlier Picks: 
Gretel Kahn / Reuters Institute:
Jailed, exiled, and harassed, journalists in El Salvador, Guatemala, and Honduras discuss the dangerous decline of press freedom under authoritarian leaders
Ryan Gallagher / Bloomberg:
A look at Tel Aviv-based Rayzone, whose surveillance system Echo, sold to governments globally, harvests and repurposes ad data to track people via their phones
Seth Abramovitch / The Hollywood Reporter:
MTV News' reporters and executives reminisce about the outlet's influence: “like TikTok and Snapchat and Instagram and Spotify and YouTube all rolled into one”
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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