Top News:
Lillian Rizzo / CNBC:
Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” — - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
Discussion:
@elonmusk, Wall Street Journal, New York Times, TechCrunch, Media Matters for America, PRWeek, @elonmusk, Washington Post, Ars Technica, Insider, Fortune, @goldman, Ad Age, @stillgray, New York Post, The Verge, The National Pulse, The Hill, Slate, Forbes, New Republic, Radio & Television …, ABC7, @drloupis, TechCrunch, @sapna, @legendaryenergy, Mediaite, @edmundlee, Metro.co.uk, @thevivafrei, Gizmodo, Semafor, Robb Report, @brendonleslie, CBS News, The Guardian, Al Jazeera, Bloomberg, @stevedeaceshow, Rolling Stone, The Information, Observer, Fast Company, @dankennedy_nu, Engadget, @brittanyventi, Variety, @caulfieldtim, @fortunemagazine, IGN, New York Daily News, Free Press, CoinDesk, Reclaim The Net, al.com, New York Magazine, Quartz, Associated Press and CNN, more at Techmeme »
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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
Discussion:
NBCUNIVERSAL MEDIA, Variety, Axios, Vox, PRWeek, Insider, Forbes, @pkafka, Ad Age, Reuters, The Hollywood Reporter, CNN, @jbflint, CBS News, @thewrap, @kerrymflynn, @thephilosotroll, Media Play News, Adweek, Light Reading, @jeffreyatucker, @sherman4949, Beet.TV, Boing Boing, Next TV and Deadline
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.
Discussion:
MediaPost, Wall Street Journal, Insider, Forbes, The Information, Vanity Fair, Billboard, The Philadelphia Inquirer, Ad Age, New York Post, Mediaite, @notaaroncraig, Cointelegraph, @scottmonty, Rolling Stone, The Wrap, Metro.co.uk, Fortune, @karaswisher, Bloomberg, @carlquintanilla, The People's Voice, Axios, The Verge, The Desk, The Hollywood Reporter, Variety, Adweek, Free Press, The Guardian and New York Daily News, more at Techmeme »
Alex Griffing / Mediaite:
Report: CNN CEO Chris Licht and three other execs met with Oliver Darcy and his editor over Trump town hall coverage; they told Darcy his work was too emotional — CNN media reporter Oliver Darcy was reportedly scolded by his boss Chris Licht, the chairman and CEO of the network …
Discussion:
Puck, @dylanbyers, Adweek, @mastodonmigration …, @markjacob16, @comfortablysmug, @stevemullis, @son_of_a_thomp, @jamisonfoser, @jackposobiec, @chrisgeidner, @ashtonpittman, @redsteeze, @david_darmofal, @existentialfish, @kateaurthur, @michaeldweiss, @mattgertz, @mirandayaver, @meidastouch, @soledadobrien, @mattdpearce, Newser and Forbes
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
Discussion:
Advocate, Wall Street Journal, @hugolowell, @jbensonwrites, Metro.co.uk, The Wrap, @brianstelter, New York Post, @newrepublic, Mediaite, @newrepublic, @mattyglesias, @thp1640, New Republic and The Hill
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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”
Discussion:
@acyn, @brianstelter, @brianstelter, New York Times, Semafor, @jayrosen_nyu, @steveschmidtses, @johnamaechi, @sarafischer, @sulliview, Mediaite, @johncusack, @mehdirhasan, @soledadobrien, @princessbravato, @johncusack, @asharangappa_, @dahlialithwick, @simon_schama, @paulachertok, @edgeofsports, @kellwoohoo, @joycecaroloates, CNN, @farhip, @jeffjarvis, @scottadamssays, New York Magazine, @aoc, @tcarmody, @electproject, @benmullin, @justinbaragona, @bradleywhitford, @voxdotcom, @froomkin, @blueboxdave, @iampoliticsgirl, @sugithvarughese, @djrothkopf, @aoc, @chrislhayes, @brianstelter, @po_murray, @mehdirhasan, @hholdenthorp, @agoldmund, @dylanbyers, @chrisgeidner, @kimmasters, @hilaryluros, @lindseyboylan, @gtconway3dg, @froomkin, @thesarahkelly, @keithedwards, @meidastouch, @kurtbardella, Adweek, The Present Age, The Daily Beast, Deadline, The Guardian, The Wrap, The Hollywood Reporter, Insider and TVLine
Alexandra Bruell / Wall Street Journal:
Austin Russell, CEO of automotive technology company Luminar Technologies, says he is buying an 82% stake in Forbes in a deal valuing the outlet at nearly $800M — Deal values business publication at close to $800 million — The CEO of an automotive-technology company said he is buying …
Discussion:
Reuters, Axios, MarketWatch, @ernie@writing.exchange, The Information, @rmac18, @mayazi and @thekenyeung
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:
@patwhite70 and @palewire
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 …
Discussion:
The Wrap, Variety, Deadline and Media Play News
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.
Discussion:
@arictoler, @eliothiggins, @eliothiggins, Politico and Associated Press
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 …
Discussion:
New York Times, Billboard, Engadget, Gizmodo, Digital Music News, @mattnavarra, @kalleyhuang, TechCrunch and Music Ally, more at Techmeme »
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.
Discussion:
Vanity Fair, @k_trendacosta, @carriecnh12, @christinastrain, @nytimesbusiness, @jennifersgrand, @slack2thefuture, @robsforman and Comic Book
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Washington Post:
A Florida bill weakening media protections against defamation claims fails to advance beyond a committee vote, after Governor DeSantis-friendly outlets resisted — Florida Gov. Ron DeSantis got most of what he encouraged the state legislature to pass as he gears up for a likely presidential run.
Discussion:
@michaelkruse, The Rural Blog, @jjohnsonlaw, @exposingalec and Florida Governor Ron DeSantis
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