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9:55 AM ET, March 14, 2024

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 Top News: 
Cristiano Lima-Strong / Washington Post:
The US House passes a bipartisan TikTok bill that forces a sale or ban of the app; the legislation faces an uncertain Senate path without a companion measure  —  The swift rebuke shifts attention to the Senate, where the bill faces significant political barriers and constitutional concerns
Discussion: Associated Press, @tiktokpolicy, The Information, The Verge, @tiktokpolicy, New York Times, The Hill, CBS News, Roll Call, Music Ally, @business, @reuters, Semafor, @emilybell, @kateclarktweets, @axiospro, @bostonjoan, Engadget, @howardmortman, @sachalouise, @mattdizwhitlock, @jacobhelberg, @jingjing_li, @boblatta, @conorsen, @ally_sammarco, @mtracey, @reppfluger, @adamkovac, @govgianforte, @jonhaidt, @cspan, @jwherrman, @jakesherman, @tomselliott, @repthomasmassie, @atrupar, @committeeonccp, @davetroy, @jakesherman, @matthewstoller, @jakesherman, @alexbarinka, @jason_kint, @matthewstoller, @mikeisaac, @senmarkey, @carnage4life, @senmarcorubio, @repspanberger, @igorbobic, @sahilkapur, @repmtg, Mediaite, @willoremus, @sahilkapur, @mkraju, @carnage4life, @mikeisaac, @repjeffduncan, @repmcgovern, @randpaul, @stephenkentx, @repjames, @aoc, @repdanbishop, Digital Music News, Business Insider, Rolling Stone, @parismarx@mastodon.online, The Drum, NPR, WSPA-TV, Cherie Thacker on LinkedIn, Forbes, W Media Research, The Hill, Fox News, CNN, TMZ.com, GSMArena.com, Across Illinois, IL Patch, NBC News, Yahoo News, The Independent, The Information, USA Today, PCMag, Music Business Worldwide, Ars Technica, 9to5Mac, Washington Post, Rolling Stone, The Verge, The Wrap, Engadget, Polygon, New York Post, @darnell@one.darnell.one, @willoremus@mastodon.social, Axios, Financial Times, TechCrunch, Variety, Digiday, MediaPost, UPI, iMore, The Daily Beast, Reuters, Chico Enterprise-Record and Ars OpenForum, more at Techmeme »
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The Information:
ByteDance investors, reassessing what the company's value would be without TikTok, estimate that TikTok lost several billion dollars in 2023 on revenue of ~$20B  —  TikTok, facing a growing threat of a U.S. ban, has been a global juggernaut over the past few years, drawing more than a billion monthly users …
Alex Weprin / The Hollywood Reporter:
Don Lemon says Elon Musk canceled The Don Lemon Show's partnership with X, hours after taping an interview with Musk on March 8 for the show's debut episode  —  The former CNN host interviewed the tech mogul last week, with the chat set to be the launch episode of his new ‘Don Lemon Show.’
RELATED:
Max Tani / Semafor:
Sources: Don Lemon had not technically inked an X contract before Elon Musk killed the deal; Lemon plans to post his interview with Musk on March 18 on YouTube  —  The Scoop  —  Elon Musk and Don Lemon are escalating towards what could be a bitter contract dispute after X's owner abruptly terminated …
RELATED:
Jeff Horwitz / Wall Street Journal:
Meta plans to shut down CrowdTangle in August 2024 and replace it with Meta Content Library, available to academic and nonprofit researchers, not news outlets  —  CrowdTangle, a source for embarrassing articles about Facebook and Instagram, has been used to track conspiracy theories, viral content
Chris Kornelis / New York Times:
Gerald M. Levin, the former Time Warner CEO who oversaw the AOL merger, widely considered the worst corporate merger in US history, died on March 13 at age 84  —  He was called a visionary in cable television, but his foray into the world of the internet, in a marriage with AOL, proved disastrous.
Wes Davis / The Verge:
Meta will be “forced” to remove news from its platforms in Illinois if the state passes a bill requiring Meta, Google, and others to pay local news outlets  —  A new Illinois bill called the Journalism Preservation Act (SB 3591) that's currently sitting in the state's Senate …
Spencer Soper / Bloomberg:
Amazon says “a tiny fraction” of sellers paid for ads for products users couldn't buy and pledges a fix; Amazon offered a $15K refund to a seller seeking $300K  —  The company has pledged to reimburse sellers for the mistake and make fixes to its lucrative advertising operation.
Discussion: Engadget and Business Insider
Trishla Ostwal / Adweek:
Sources: Google's Search Generative Experience could cut organic search traffic to publishers by 20% to 60%; Google says estimating the impact is premature  —  Search Generative Experience could upend over 60% of publishers' total organic traffic  —  Google launched its artificial intelligence …
Manish Singh / TechCrunch:
Filing: Paramount Global has agreed to sell its 13% stake in Indian media house Viacom18 to Reliance for $517M, raising Reliance's stake to 70.49%  —  Mukesh Ambani's Reliance is buying Paramount Global's 13% stake in Viacom18 for $517 million as Asia's richest man broadens his entertainment business …
 
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 More News: 
Bloomberg:
Sources: Disney is focusing on divisional heads Dana Walden, Jimmy Pitaro, Josh D'Amaro, and Alan Bergman in a search for an eventual successor to CEO Bob Iger
Discussion: @tvgrimreaper
The Moscow Times:
Kremlin-linked RIA Novosti says Russia has charged Mikhail Zygar, former EIC of broadcaster Dozhd, with spreading “fake news” about Russian army atrocities
Corey Hutchins / Nieman Lab:
The National Trust for Local News bought a used printing press and plans to move it to Denver to handle printing for Colorado Community Media's newspapers
Shirin Ghaffary / Bloomberg:
OpenAI announces partnerships with Le Monde and Prisa Media to bring French and Spanish language news content to ChatGPT and help train OpenAI's models
Zeynep Tufekci / New York Times:
The UK media's extreme deference over covering Kate Middleton during her medical absence highlights its double standards in its Meghan Markle coverage
 Earlier Picks: 
Zac Ntim / Deadline:
Argentina's far-right government claims to have found a $4M deficit in the INCAA film body's budget and pushes through controversial plans to cut state funding
Discussion: Variety
Mathieu Pollet / Politico:
The EU Parliament approves the Media Freedom Act, to shield newsrooms from undue influence, foster pluralism, introduce transparency requirements, and more
Chris Eggertsen / Billboard:
Neil Young brings his music back to Spotify after requesting its removal in January 2022, saying “Apple and Amazon have started serving the same disinformation”