Top News:
Jennifer Maas / Variety:
Disney has reached its target of 7,000 layoffs, or 3.2% of its total global headcount of 220,000; source: more cuts are planned internationally over time — Disney reached its 7,000 layoffs goal, handing out notices to the remaining employees impacted in its third round of job cuts …
Discussion:
Insider, The Desk, @scottgustin and The Wrap
Charlotte Klein / Vanity Fair:
Multiple New York Times journalists say they remain concerned and disappointed the outlet published a soft-focus profile of Theranos founder Elizabeth Holmes — As Holmes headed to jail Tuesday, business editor Ellen Pollock was put on the spot to defend a soft-focus profile …
Discussion:
@charlottetklein, Fox News, @jeremybwhite, Poynter, @sulliview, @tiagodf, @meganmurp, @niemanlab, @andreagrimes, @nickmmark, @andreagrimes, @thebenbergman, @shwinyo, @vanityfair, @andreagrimes, @vanityfair, @tiagodf, @bgrueskin, @charlottetklein, @adam_a_carlson, @biophysicsfl, @awprokop, @ashleyfeinberg, @froomkin, @ericschultz, The Guardian, @waterpio, @bgrueskin, @andreagrimes, @jeffjarvis, @dylanbyers, @nick_field90, @billjurgensen … and Variety
Financial Times:
OPEC bars Reuters, Bloomberg, and The Wall Street Journal from its Vienna meeting this weekend; sources: Saudi Arabia's energy minister instigated the decision — Reuters, Bloomberg and Dow Jones denied invites in decision driven by Saudi Arabia's energy minister
Katie Paul / Reuters:
Meta threatens to remove news content from its platforms in California if the state government passes a proposed law forcing tech companies to pay publishers — Facebook parent Meta Platforms (META.O) said on Wednesday it would remove news content in its home state of California …
Discussion:
@andymstone, Axios, The Wrap, NPR, Nieman Lab, @viacristiano, Washington Post, Wall Street Journal, @niemanlab, @uhshanti, @libshipwreck, @bgrueskin, @newsguild, @matthewkeyslive, @emzanotti, @_greatdelusion, @gretchenapeck, @pdavis_llc, @gaufre, @mattdpearce, @humanstein, @athertonkd, @progresschamber, CNN, WDTN.com and National Review
Liz Bowie / The Baltimore Banner:
Baltimore Banner CEO Imtiaz Patel plans to step down on July 7 to join Gannett's senior leadership; Brian McGrory will lead the nonprofit during its CEO search — Our nonprofit news organization is made possible by subscribers and donors who value storytelling that impacts and uplifts communities.
Discussion:
@tim_prudente, @kyoshino, @pwoodreporter, @jeffjarvis@mastodon.social, @dankennedy_nu@journa.host and MediaPost
Zach Seward / ZMS:
Quartz co-founder Zach Seward, who has served at the publication as CEO, reporter, editor, and editor-in-chief, says he is leaving the company on June 9 — I'm stepping down from Quartz after more than 11 years as, variously, co-founder, reporter, editor, chief product officer, CEO, owner and, most recently, editor-in-chief.
Discussion:
Press Gazette, @zseward, @eduardosuarez, @heatherlandy, The Desk, @mcwm, @akshatrathi and @pkafka
James R. Hagerty / Wall Street Journal:
William O'Neil, who founded financial news and research outlet Investor's Business Daily before selling to News Corp in 2021, dies at 90 — Oklahoma-born entrepreneur promoted a data-rich formula for stock market investing — William J. O'Neil, who grew up poor in Oklahoma during …
EJ Dickson / Rolling Stone:
A look at the grotesque world of AI true-crime-victim TikTok, where AI deepfakes, based on images of children who were abused, describe their own ghastly demise — TikTok accounts are posting horrifying artificial intelligence-generated clips of murder victims — mostly children — describing their own ghastly demise
Discussion:
@joblessthursday, New York Post and @ejdickson, more at Techmeme »
Perry Michael Simon / AllAccess.com:
Internal memo: iHeartMedia executives warn staff not to submit company info to AI platforms without permission while the company rolls out its own AI solutions — What do you think? Add your comment below. — iHEARTMEDIA's stance on artificial intelligence is outlined in an internal memo sent …
Discussion:
The Desk, Barrett Media, RADIO ONLINE and Radio & Television …
Ben Doherty / The Guardian:
Australian soldier Ben Roberts-Smith loses a defamation case in which he was accused of committing war crimes in Afghanistan by The Age, SMH, and Canberra Times — Justice Anthony Besanko found newspapers established substantial or contextual truth of allegations of murders of unarmed civilians in Afghanistan
Reuters:
ITV commissions an external review of presenter Phillip Schofield's resignation after he admitted to lying about a relationship with a young worker — British broadcaster ITV (ITV.L) has commissioned an external review of presenter Phillip Schofield's resignation, the company said on Wednesday …
Discussion:
BBC, The Independent, Sky News, ITV News, The Guardian, The Times, Deadline, The Guardian and The Independent
Amy-Jo Crowley / Reuters:
Sources: Liberty Global and WBD are considering selling their stakes, worth £1B total, in joint venture All3Media, the UK's largest indie TV production company — The owners of All3Media (ALLMD.UL), Britain's largest independent TV production company, are exploring options …
Discussion:
Variety, Broadband TV News and Deadline