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4:25 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
Sara Fischer / Axios:
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 …
RELATED:
@insiderunion:
Insider Union says it has failed to agree on a fair contract with Insider management and 250 employees are now on indefinite strike
Dan Caesar / St. Louis Post-Dispatch:
A bankruptcy judge rules that Diamond Sports Group must pay four MLB teams the full value of contracts to keep televising games; Diamond sought to cut its costs  —  After two long days of hearings, more than nine hours on Wednesday then a session Thursday that lasted until shortly after 6:30 p.m. …
Wall Street Journal:
Sources: A.J. Brown, Twitter's head of brand safety and ad quality, is leaving the company, the second departure of a top safety executive this week  —  A.J. Brown's departure comes after Ella Irwin, company's head of trust and safety, left Thursday  —  Twitter lost its head of brand safety …
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.
Vogue Business:
Memo: British Vogue EIC Edward Enninful says he will become global creative and cultural advisor of Vogue in 2024 and plans to hire a new British Vogue editor  —  The British Vogue editor-in-chief will become editorial advisor in 2024.  —  To receive the Vogue Business newsletter, sign up here.
 
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 More News: 
Joe Flint / Wall Street Journal:
WBD's JB Perrette says ~70% of the HBO Max customer base switched to Max in the first week of launch and ~20% of content viewed on Max is from Discovery+
Sam Tobin / Reuters:
Getty asks London's High Court to stop UK sales of Stable Diffusion, accusing Stability AI of copyright infringement for training its AI model on Getty's images
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
Discussion: Publishers Weekly
Dade Hayes / Deadline:
In a nonbinding vote, Netflix shareholders decline to support the 2023 pay packages of top executives after the WGA urged them to reject “inappropriate” pay
 Earlier Picks: 
Todd Spangler / Variety:
Verizon introduces a streaming bundle that combines Netflix Premium and Paramount+ with Showtime for $25.99 per 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
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
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
Isaac Schorr / Mediaite:
The Daily Wire claims that Twitter canceled a deal to premiere What Is a Woman over two instances of “misgendering”; Elon Musk says that decision was wrong