Top News:
Reuters:
Sources: Disney secures enough shareholder votes to defeat Trian Partners' attempt to put Nelson Peltz and ex-Disney CFO Jay Rasulo on Disney's board — Walt Disney Co (DIS.N) has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz's hedge fund …
Discussion:
Variety, Fortune, @josie.zone, @sherman4949, @sinboy.bsky.social, @mousterpiece.bsky.social, @vossbrink.bsky.social, @thielman.bsky.social, @alishagrauso.bsky.social, @blackamazon.bsky.social, Quartz, @sherman4949, @billackman, @elonmusk, Business Insider, New York Post, CNN, CNBC, Los Angeles Times and Deadline
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Wall Street Journal:
How Disney repeatedly extending Bob Iger's contract, including five extensions between 2011 and 2017, became a key criticism of Nelson Peltz's Trian Partners — Trian Partners, pushing for board seats, has criticized Disney's past handling of Iger's tenure and succession
Discussion:
CNN, Financial Times, Deadline, Deadline, @naterattner and Bloomberg
Todd Spangler / Variety:
Filing: Endeavor's Patrick Whitesell plans to launch a media company with a $250M investment from Silver Lake, as part of the deal to take Endeavor private — Patrick Whitesell, executive chairman of WME parent Endeavor, is launching a new media company backed by Silver Lake as part …
Discussion:
The Wrap, @danprimack, @tim_bays, Deadline and The Hollywood Reporter
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Hannah Murphy / Financial Times:
NewsGuard: 1,197 partisan news websites in the US masquerade as local news outlets as of April 1, compared to ~1,200 genuine local newspaper websites — Dark money-funded outlets that mimic regional news sites are becoming more sophisticated ahead of November election
Discussion:
MIT Technology Review
Financial Times:
US-based hedge fund Hunterbrook launches its newsroom, Hunterbrook Media, after raising $100M to make trades based on scoops uncovered by its reporters — Target of Hunterbrook's first story questions ethics of it taking a short position in its stock — A US hedge fund has raised $100mn …
Discussion:
Bloomberg, Talking Biz News, @zachcrenshaw, @readdanwrite, @danielmcglynn, @geraldbourguet, @bondhack, @pablofindsout, @sammykoppelman, @bondhack, @osinttechnical, @archiehall, @hntrbrkmedia, @hntrbrkmedia, @matt_termine, @hntrbrkmedia, @hntrbrkmedia, @osinttechnical, @baileycarlin, @eisingerj, @hntrbrkmedia, @hntrbrkmedia, @zachcrenshaw, @jsphctrl, @arashmassoudi, @hntrbrkmedia, @lawindsor, @hntrbrkmedia, @matt_levine, Hunterbrook, Hunterbrook and Hacker News
Mia Sato / The Verge:
Patreon rolls out a Reddit-like community moderation feature that lets podcasters, artists, writers, and other creators assign community members as moderators — Patreon is taking a page out of Reddit's book. Now, podcasters, artists, writers, and other creators on the subscription-focused creator platform …
New York Times:
An interview with Oren Etzioni, the founder of nonprofit TrueMedia.org, which has released free AI tools for reporters and fact checkers to identify deepfakes — Oren Etzioni worries A.I.-generated fakes could overwhelm upcoming elections.Kyle Johnson for The New York Times
Discussion:
The Information, @toddbishop, @truemediadotorg, TrueMedia.org, TrueMedia.org, @truemediadotorg, GeekWire and @timfinin, more at Techmeme »
Sara Fischer / Axios:
The NYT plans to make most of its articles available as narrations read via an automated voice, rolling out to 10% of website, app, and audio app users — - The company published 2,300 audio recordings, including podcasts, in 2023 with more than 600 Times reporters contributing.
Bloomberg:
Sources: Spotify plans to raise prices by $1 to $2 per month in the UK, Australia, Pakistan, and two other markets by the end of April, and the US later in 2024 — - The audio service will raise prices in a few major markets — Spotify will create new plan that doesn't include audiobooks
Discussion:
The Information, Engadget, The Verge, Gizmodo, 9to5Google, 9to5Mac, @lucas_shaw, Spotify, Publishing Perspectives and Publishers Weekly, more at Techmeme »
Mark Stenberg / Adweek:
Spotify unveils Live Experiences, letting brands sponsor Spotify events for the first time, and plans five to 20 free Live Experiences in the first year — Spotify's latest advertising product, Live Experiences, lets brands integrate with and sponsor its events for the first time.
Discussion:
@markstenberg3
Emilia David / The Verge:
Stability AI releases Stable Audio 2.0, letting users create three minute sound clips from copyright-free audio samples, available for free via its website — Stable Audio 2., an audio generation model for Stability AI, now lets users upload their own audio samples which they can then transform using prompts …
Discussion:
Billboard, Music Ally and Stability AI, more at Techmeme »
Lachlan Cartwright / New York Times:
An ex-editor of The National Enquirer recalls the tabloid's notorious “catch and kill” campaign that is now at the heart of Donald Trump's first criminal trial — I was outside Manhattan criminal court. It was a sunny spring day, and the Secret Service and the Police Department …
Discussion:
@jeffjarvis and @lachcartwright
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