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12:20 PM ET, June 2, 2023

Mediagazer

 Top News: 
Tim Alberta / The Atlantic:
An in-depth profile of CNN under Chris Licht and his vision for the network as ratings fall and he seeks to create a forum for conversation and “truth”  —  CEO Chris Licht felt he was on a mission to restore the network's reputation for serious journalism.  How did it all go wrong?
RELATED:
Wall Street Journal:
CNN names veteran Warner Bros. Discovery executive David Leavy as its COO, to take over commercial, operational, and promotional activities across the channel
Mickey Djuric / Canadian Press:
Meta tests blocking news on Instagram and Facebook in Canada, planning for a potential full block of news outlets if Canada passes Bill C-18, following Google  —  OTTAWA - Meta is preparing to block news for some Canadians on Facebook and Instagram in a temporary test that is expected to last the majority of the month.
The Guardian:
Elan Closs Stephens is appointed acting chair of the BBC and will start from June 27 for 12 months or until a permanent chair is found, whichever is sooner  —  BBC board member to assume role from 27 June after resignation of Richard Sharp  —  Prof Dame Elan Closs Stephens …
@insiderunion:
Insider Union says it has failed to agree on a fair contract with Insider management and 250 employees are now on indefinite strike  —  It's official: THE INSIDER UNION IS ON STRIKE. Management failed to agree on a fair contract that settles our healthcare ULP and pays us what we're worth. Starting now, over 250 Insider employees are on indefinite strike. You want us back @thisisinsider? Settle the contract. ✊ [image]
Dade Hayes / Deadline:
Netflix shareholders decline to support a nonbinding proposal approving 2023 compensation for top execs after the WGA urged rejection of “inappropriate” pay  —  Netflix shareholders declined to support a proposal affirming the pay packages for top executives during a vote …
Andrew Sheeler / Sacramento Bee:
The California Assembly votes 46-6 to pass a bill requiring tech companies to pay a percentage of ad revenue to outlets; the bill advances to the State Senate  —  One day after Facebook parent company Meta threatened to remove news content from its platforms if Assembly Bill 886 becomes law …
Reuters:
Sources: Netflix, Amazon, and Disney discussed suing and other ways to stall India's new tobacco rules, which require they add health warnings to smoking scenes  —  Streaming giants Netflix, Amazon and Disney on Friday privately discussed a possible legal challenge and other ways to stall India's …
Bloomberg:
Sources: Jemele Hill is leaving Spotify, which has been exclusively distributing her podcast and her Unbothered Network of shows since 2019  —  Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in original audio and loses yet another Black voice.
Sophie Culpepper / Nieman Lab:
The New York Times launches a free, geotargeted weather newsletter that lets readers pick up to four places in the continental US for which to get risk alerts  —  Readers can opt in to receive morning emails explaining the level and type of extreme weather risk in up to four different places.
Porter Anderson / Publishing Perspectives:
Audio Publishers Association: US audiobook revenue grew 10% YoY to $1.8B in 2022; publishers say digital audio made up 10.4% of 2022 US book publishing revenue  —  The Audio Publishers Association finds in its annual report that audiobook sales generated US$1.8 billion in the United States in 2022.
Discussion: Publishers Weekly
 
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 More News: 
Todd Spangler / Variety:
Verizon introduces a streaming bundle combining Netflix Premium and Paramount+ with Showtime for $25.99/month, via its +play subscription aggregation hub
The Block:
The Block unveils a real-time News API that gives developers, investors, and data providers access to its sector-specific coverage of crypto and digital assets
Elahe Izadi / Washington Post:
Hundreds of US employees at 24 Gannett newspapers plan to walk off the job on June 5, the day of Gannett's annual shareholder meeting, to protest budget cuts
 Earlier Picks: 
Isaac Schorr / Mediaite:
The Daily Wire claims that Twitter canceled a deal to premiere What Is a Woman and threatened to “throttle” the documentary over two instances of “misgendering”
 

 
From Techmeme:

Zack Whittaker / TechCrunch:
Hacking group GhostR claims it stole 5.3M records from World-Check screening database, used for KYC checks for sanctions and financial crime links, in March

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Wall Street Journal:
Apple removes WhatsApp, Threads, Signal, and Telegram from its App Store in China, after orders from the country's regulators citing national security concerns

 
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