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The MacArthur Foundation and 20+ nonprofits announce Press Forward, an initiative to invest $500M over five years in local news, aiming to raise and invest $1B — The effort, spearheaded by the MacArthur Foundation, will give grants to support newsrooms and start-ups as concern grows over the rapid disappearance of local news outlets.
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URL Media, a network of media outlets focused on communities of color, receives a $1M Knight Foundation investment to support its 21 partners — The $1M Grant is made possible by Knight Foundation — New York, NY - URL Media, a network of media organizations that serve …
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@blackamazon

Interviews with 16 current and former employees describe a toxic workplace at The Tonight Show, starting with Jimmy Fallon's outbursts and erratic behavior — Sixteen current and former staffers say Fallon's erratic behavior spoiled their “dream” of working on The Tonight Show — I
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In a call with Tonight Show staff, Jimmy Fallon said he's “sorry” and didn't mean to “create that type of atmosphere”, after a report detailed a toxic workplace — “Sorry if I embarrassed you and your family and friends...I feel so bad I can't even tell you,” …
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TVLine, Screen Rant, Deadline, The A.V. Club, New York Daily News, Page Six, The Messenger, al.com, Insider, New York Post and @noahshachtman

Artémis, François-Henri Pinault's investment firm, acquires TPG's majority stake in CAA; CAA's Bryan Lourd is expected to be named CEO of CAA — Bryan Lourd, Kevin Huvane, and Richard Lovett will remain the co-chairman of CAA, with Lourd set to be named CEO. — CAA has a new majority owner.
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Reuters, Deadline, Los Angeles Times, Variety, Front Office Sports, Wall Street Journal, The Wrap and WWD

The ESA announces organizer ReedPop will not be working on future E3 events and informs the Los Angeles Convention Center that 2024's E3 will not be held there — E3 2024 may still happen, but not at the Los Angeles Convention Center — News by Christopher Dring Head of Games B2B
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Neowin, Video Games Chronicle, @film_girl, Rock, Paper, Shotgun, VentureBeat, The Verge, IGN, My Nintendo News and Insider Gaming, more at Techmeme »

The Senate votes 55 to 43 to approve Anna Gomez as the fifth FCC commissioner, breaking the deadlock at the agency and giving the FCC a 3-2 Democratic majority — Today, the U.S. Senate finally approved a nominee to fill the vacant, fifth seat on the Federal Communications Commission (FCC).
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Nielsen delays use of Amazon streaming data in NFL ratings after criticism from the Video Advertising Bureau and plans to keep working with the MRC on approval — The ratings service says it will wait until an industry regulatory board signs off on including the first-party numbers.
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Wall Street Journal, Variety, Ad Age, MediaPost and Front Office Sports

Sources: Apple paid $5M for film rights to Michael Lewis' book about Sam Bankman-Fried; at least eight Hollywood projects are in the works so far on SBF — Apple paid $5M for Michael Lewis' book, a Nanette Burstein doc is underway, and a who'll-finish-first race is afoot as the crypto con projects pile up
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Substack sets a goal of making the 2024 US election “the Substack Election” and hires publicist and producer Catherine Valentine to lead politics initiatives — We're leaning into politics — In recent years, the way political discourse has played out on social media has been incendiary.
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@katieharbath.bsky.social, @mobute.bsky.social and @mobute.bsky.social

Snapchat adds new safety features for minors, including making it harder for strangers to contact teens and removing accounts marketing inappropriate content — Snapchat today is announcing a series of new safeguards for its app, aimed at better protecting teen users, similar …
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Snapchat, CNN and Engadget, more at Techmeme »
Max Tani / @maxwelltani:
Memo: Andrew Golis, WNYC's chief content officer and former Vox general manager and Vox Media VP of network development, is leaving WNYC — Per an internal memo to staff today, chief content officer Andrew Golis is leaving WNYC.
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Radio & Television …, RadioInsight and @maxwelltani