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12:40 PM ET, May 14, 2023

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 Top News: 
Alex Griffing / Mediaite:
Report: CNN CEO Chris Licht and three executives told Oliver Darcy and his editor that Darcy's Donald Trump town hall critical 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 …
RELATED:
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”  —  Chris Licht begins CNN's 9am editorial call by praising @kaitlancollins for a “masterful performance last night.” He says “I couldn't be more proud of her” and the whole team in NH. Then he says he's aware of the backlash... More to come
Connie Wang / New York Times:
How TV news anchor Connie Chung on CBS and NBC inspired the first names of many girls among Asian families in the 1980s and 1990s, and how some met in person  —  It was on my first day of college at the University of California, Berkeley, when I started to realize there were more of us out there.
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
Sara Fischer / Axios:
Sources: non-US investors may substantially pay for Forbes' takeover; Austin Russell committed $100M-$200M and is in talks to have Sun Group invest $200M-$300M  —  Forbes agreed to sell itself in a deal that makes it look like the iconic magazine brand is staying in American hands.
RELATED:
Sara Fischer / Axios:
EV company Luminar's CEO Austin Russell acquires an 82% stake in Forbes, a source says at an ~$800M valuation; sources: Sun Group, GSV, and others back the bid  —  Austin Russell, the CEO of electric vehicle technology company Luminar Technologies, has acquired an 82% stake in Forbes.
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.
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.
 
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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
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
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
 Earlier Picks: 
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
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