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2:35 PM ET, March 12, 2024

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 Top News: 
Justin Baragona / The Daily Beast:
G/O Media sells Deadspin to European company Lineup, which won't keep the sports news outlet's staff; CEO Jim Spanfeller says G/O didn't actively shop Deadspin  —  The beleaguered media company has sold its key sports property off to a European publisher who will gut the website and replace its staff.
Rick Porter / The Hollywood Reporter:
Nielsen: the 96th Oscars averaged 19.5M viewers in the US, up 4% YoY, the biggest audience for any awards show since 2020, when the Oscars drew 23.64M viewers  —  The 96th Academy Awards draw 19.5 million viewers, the most for any awards show since 2020.  —  The 2024 Oscars were the most watched in four years.
RELATED:
Steve Dent / Engadget:
Netflix won only one Oscar award, for Wes Anderson's short film, and Apple TV+ won zero, despite 32 combined nominations; Universal won big with Oppenheimer
Associated Press:
Mstyslav Chernov's 20 Days in Mariupol won the Oscar for best documentary, a first for AP and PBS' Frontline
Meg James / Los Angeles Times:
In a video, Disney warns shareholders that adding Nelson Peltz and former Disney CFO Jay Rasulo to the company's board would be “disruptive and destructive”  —  Walt Disney Co. is stepping up its campaign against activist investor Nelson Peltz, warning shareholders in a new video that it would be …
Sara Fischer / Axios:
The Associated Press plans to launch AP Buyline, a product recommendations site powered by Taboola, on March 18, part of plans to attract more consumer revenue  —  - The company, which has historically made most of its money from licensing its content to other media organizations …
Reuters:
Getty, Reuters, AP, the AFP, and other news outlets withdraw a photo issued by the UK's Princess of Wales, after analysis suggested the photo had been altered  —  Several leading news organisations have withdrawn a photograph issued by Kensington Palace of Kate, Britain's Princess of Wales …
Dan Kennedy / Media Nation:
Saga Communications, which owns radio stations in 27 markets, is planning to launch local news sites in 18 of them by the end of Q2  —  This one comes in via former WBZ Radio (AM 1030) news director Peter Casey, who's now a communications consultant and part of the team at the local startup Winchester News.
Discussion: @margotsusca and Inside Radio
Sara Fischer / Axios:
Sources: Apollo Global Management has reached out in recent days to a special committee formed by Paramount Global about a possible takeover or asset purchase  —  - That rival group, which includes private equity firms KKR and RedBird Capital Partners, is evaluating an all-cash bid for Paramount's parent …
Justin Baragona / The Daily Beast:
Dan Wakeford, former editor-in-chief of The Messenger and People, is named editor-in-chief of Us Weekly  —  ‘PROVEN TRACK RECORD’  —  Dan Wakeford, the editor-in-chief of defunct “centrist” news site The Messenger, has landed a new job: Top editor of Us Weekly.
Cath Virginia / The Verge:
Q&A with Mona Chalabi about winning a Pulitzer for her in-depth reporting about Jeff Bezos' wealth, using data visualization to tell a story, and more  —  Finding the human stories behind the numbers. … A bloodied press jacket.  A body shrouded in white.
 
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 More News: 
Josh Hoffman / CBC News:
Saltwire Network, which owns 23 Atlantic Canada newspapers, files for creditor protection, citing debt of CA$94M+ and assets of ~CA$33M, as lender files a claim
 Earlier Picks: 
Jonathan Stempel / Reuters:
Authors Brian Keene, Abdi Nazemian, and Stewart O'Nan sue Nvidia over allegedly using their work to train NeMo, and say Nvidia “admitted” to using the books
Lucas Manfredi / The Wrap:
Leichtman: the largest pay TV providers in the US ended 2023 with about 71.3M subscribers, losing ~5M subscribers YoY, and down from 91.5M at the end of 2018
Discussion: Broadband TV News