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, @goldman, Ars Technica, @elonmusk, Washington Post, The National Pulse, Associated Press, @drloupis, @sapna, @legendaryenergy, Fortune, Advocate, BroBible, @thevivafrei, Media Matters for America, @brendonleslie, @stevedeaceshow, @stevedeaceshow, @brittanyventi, @stillgray, @caulfieldtim, @fortunemagazine, The Wrap, PRWeek, @edmundlee, The Information, The Hill, Rolling Stone, @dankennedy_nu, Insider, Slate, Ad Age, Forbes, New York Post, New Republic, Bloomberg, Observer, Mediaite, ABC7, The Verge, Al Jazeera, Robb Report, Engadget, CBS News, Variety, Semafor, Radio & Television …, Metro.co.uk, IGN, Fast Company, Free Press, Gizmodo, New York Daily News, The Guardian, CoinDesk, Reclaim The Net, al.com, New York Magazine, Quartz 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, Insider, @pkafka, Vox, @kerrymflynn, @sherman4949, @jeffreyatucker, @jbflint, @thewrap, PRWeek, Forbes, Reuters, Ad Age, Light Reading, @thephilosotroll, Beet.TV, The Hollywood Reporter, CBS News, Media Play News, Adweek, CNN, Next TV, Boing Boing 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:
Wired, Forbes, WWD, @notaaroncraig, @scottmonty, @karaswisher, @carlquintanilla, CoinDesk, Financial Times, Wall Street Journal, Vanity Fair, The Philadelphia Inquirer, Insider, Billboard, MediaPost, Mediaite, Rolling Stone, Metro.co.uk, Cointelegraph, Ad Age, The Verge, The Wrap, The Information, The Desk, Bloomberg, New York Post, Fortune, The People's Voice, Axios, Free Press, The Hollywood Reporter, Variety, Adweek, The Guardian and New York Daily News, more at Techmeme »
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 …
Discussion:
Puck, @dylanbyers, CNN, @reillyadam, @karaswisher, @johnstodder, Fox News, @markjacob16, @alexthomp, @kt_so_it_goes, New York Post, @jeffjarvis@mastodon.social, @stevekrak, @mattdpearce, @son_of_a_thomp, @meidastouch, @decodingfoxnews, @mastodonmigration …, @brianstelter, @gtconway3d, @comfortablysmug, @moorehn, @michaeldweiss, @stevemullis, @djrothkopf, @kateaurthur, @davidshuster, @mattgertz, @keitholbermann, @gtconway3d, @monacharen, @jamisonfoser, @parrhizzia, @tripgabriel, @jackposobiec, @redsteeze, @andrewkerrnc, HuffPost, @david_darmofal, @atrachelgilmore, @nikkimcr, @ashtonpittman, @salcalleros, @buzzedition, @sharonwaxman, @existentialfish, @mirandayaver, @soledadobrien, @mattyglesias, @chrisgeidner, Adweek, Newser and Forbes
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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
Discussion:
@hugolowell, @jbensonwrites, Wall Street Journal, @newrepublic, Advocate, @newrepublic, @brianstelter, @thp1640, Metro.co.uk, @mattyglesias, New York Post, The Wrap and Mediaite
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, @jayrosen_nyu, @steveschmidtses, @rorystewartuk, FTVLive, @johnamaechi, @sarafischer, @sulliview, @johncusack, @mehdirhasan, @soledadobrien, @princessbravato, @johncusack, @asharangappa_, @dahlialithwick, @simon_schama, New York Times, @paulachertok, Semafor, @edgeofsports, CNN, @kellwoohoo, @joycecaroloates, @farhip, @jeffjarvis, @scottadamssays, Mediaite, @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, New York Magazine, Adweek, The Present Age, Deadline, The Guardian, The Daily Beast, The Hollywood Reporter, The Wrap, 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:
Axios, @sarafischer, @sarafischer, @rmac18, The Information, Reuters, MarketWatch, @ernie@writing.exchange, @chronotope, @jyarow, Fortune, Deadline, The Wrap, @mayazi, TechCrunch, @thekenyeung and Talking Biz News
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 …
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 and Politico
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, @melissakchan, @erinkwoo, @rabois, Associated Press, The Hill, @mattnavarra, @vniquet, @kalleyhuang, @vshih2, Engadget, Billboard, Gizmodo, Digital Music News, Music Ally and TechCrunch, 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, @nytimesbusiness, @slack2thefuture, @robsforman, @carriecnh12, @christinastrain, @jennifersgrand and Comic Book
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Sonia Pérez D. / Associated Press:
Guatemala's elPeriódico, known for investigating government corruption and whose founder is on trial for money laundering charges, plans to shut down on May 15 — A Guatemalan newspaper known for hard-hitting investigations of government corruption and whose founder is currently on trial …
Discussion:
@eduardosuarez, Reuters, @rasmus_kleis and Al Jazeera
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