Top News:

Filing: Warner Bros. Discovery CEO David Zaslav's 2023 compensation package was worth $49.7M, up 26.5% from the year prior, with $23.1M in stock awards — David Zaslav, president and CEO of Warner Bros. Discovery, had a 2023 pay package worth $49.7 million, up 26.5% from the year prior …
Discussion:
U.S. Securities and Exchange Commission, Wall Street Journal, Joe Flint on LinkedIn, Dan Price on LinkedIn, Hollywood Reporter, The Daily Beast, The Information, Deadline, Reuters, IndieWire, The Desk, @2xaught7.bsky.social, Gizmodo, @buccocapital, Bloomberg, The Wrap, @lucas_shaw, @dylanbyers, New York Times, @brucebartlett, @youdoingtoomuch and Next TV

Graydon Carter opens a physical store called Air Mail Newsstand in NYC, as an extension of his digital newsletter Air Mail, selling books, magazines, and more — Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.
Discussion:
Showbiz411, Harrison Vail on LinkedIn and @nbj914

Post.News, the news-focused social platform launched in 2022 that offered micropayments to publishers, is shutting down after failing to grow “fast enough” — Post News, a Twitter alternative that emerged in the wake of Elon Musk's takeover, is shutting down.

Sesame Workshop writers reach a tentative deal with management, narrowly avoiding a strike; the 35 WGA members will vote to ratify the deal in the coming days — Once ratified, the writers will win protections against artificial intelligence and improvements to new media residuals
Discussion:
Variety, NPR, Los Angeles Times, Rolling Stone, @wgaeast, Writers Guild of America …, The Hollywood Reporter and Deadline

At a town hall, GB News CEO announced job cuts affecting 40 roles, its first major round of cuts after its 2021 launch; GB News had 295 staffers in May 2023 — It is the first major redundancy exercise since the broadcaster launched. — GB News chief executive Angelos Frangopoulos …
Discussion:
@smartin and The i Paper

Nicholas Welker, leader of a white supremacist group who admitted to posting a death threat against a Brooklyn journalist, is sentenced to 44 months in prison — Nicholas Welker admitted posting the death threat, which was meant to to silence coverage of the extremist group he led, prosecutors said.
Discussion:
Brooklyn Eagle, US Department of Justice, @pressfreedom and @egavactip

Interviews with over a dozen current and former WAMU staffers and contractors show management's contradictory, unclear messaging about its closure of DCist — The star-crossed marriage of Washington's NPR member station and a feisty digital news publication came to an abrupt end in February.
Discussion:
@combs@mastodon.art, @srepetsk@dmv.community and @wesleylowery

The New York Times' thriving games business prompts others to try to replicate its success, such as with Hearst's acquisition of Puzzmo, but games coverage lags — “The ad market is terrible. There's very real news fatigue. There's tons of alternative sources for news that aren't even news agencies."
Discussion:
@jason_koebler, @jasonkoebler@mastodon.social, @vahn16, @chaykak, @vahn16, @vahn16, @slhamlet, @vahn16, Digiday and The Daily Beast

Netflix plans to stop reporting subscriber numbers and Average Revenue per Membership from Q1 2025, as time spent is its “best proxy for customer satisfaction” — Netflix will no longer report subscriber numbers — a key metric for streaming services for years — beginning with the first quarter of 2025.
Discussion:
The Hollywood Reporter, @parismarx, Mike K. Tatum on LinkedIn, Cory Parker on LinkedIn, Media Play News, @lucas_shaw, @loudmouthjulia, WORLD SCREEN, @loudmouthjulia, 9to5Mac, @pkafka@threads.net, @ianbetteridge@writing …, @tvgrimreaper, Forbes, @lucas_shaw, Fast Company, Fortune, Emil Protalinski on LinkedIn, @carnage4life, Broadband TV News, @sherman4949, @tvmojoe, @sherman4949, CBS News, @tvmojoe, The A.V. Club, CNBC, Business Insider, Business Insider, ComingSoon.net, The Streamable, Deadline and Advanced Television
RELATED:

Inside the turmoil at UK-based nonprofit newsroom Open Democracy, whose leadership team says it could have been insolvent by June without 40% cost cuts — Turmoil at the top of Open Democracy has led to legal letters being sent. — Open Democracy could have gone into liquidation by June …
Discussion:
@martinjdocherty, @adamramsay, @pressgazette, @pressgazette and @jdowsea

Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance — The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.
Discussion:
Wall Street Journal, Deadline, @mediaevan, @tvgrimreaper, The Desk, Metro.co.uk, Advanced Television, Tv Technology, @davidclinchnews, The Wrap, @phillipsrelic, The Streamable, IndieWire, Broadband TV News, Reuters, Fortune, IGN, @benmullin, Financial Times, Screen Rant, Los Angeles Times, New York Post, Hollywood Reporter, Forbes, Benjamin Mullin on LinkedIn and Variety

The USAGM names former Washington Post journalist Michael Abramowitz as the director of VOA, overseeing 48 language services reaching ~354M people weekly — The U.S. Agency for Global Media on Friday named Michael Abramowitz as the new permanent director of Voice of America.
Discussion:
USAGM, New York Times, Freedom House and @VOANews@mastodon.social
Jay Allred / @jayallred651:
[Thread] The California Journalism Protection Act is good for big media and hedge funds like Alden, but not for indie local outlets like the Richland Source — Can we talk about Google and the California Journalism Protection Act for a minute? 1/
Discussion:
@jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651 and @jayallred651