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1:30 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
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 …
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.
@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 …
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  —  Stock photo provider Getty Images has asked London's High Court for an injunction to prevent artificial intelligence company Stability AI …
 
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 More News: 
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
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
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

Emma Roth / The Verge:
Nintendo delays Switch 2 preorders that were set for April 9 due to concerns about Trump's tariffs but the June 5 launch date remains unchanged

Dominic Preston / The Verge:
Microsoft Copilot adds support for memory, personalization, web-based actions, podcast creation, camera and screen analysis, deep research, and more

RT Watson / The Block:
The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them

 
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