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3:05 PM ET, April 23, 2024

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 Top News: 
Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income  —  - Subscribers to paid Spotify tiers jumped 14% to 239 million  — Swedish audio-streaming company posted record operating profit
Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors  —  In 2022, Penguin Random House wanted to buy Simon & Schuster.  The two publishing houses made up 37 percent and 11 percent of the market share …
Jennifer Schuessler / New York Times:
PEN America cancels its 2024 literary awards ceremony, set for April 29, after months of protests over the organization's response to the war in Gaza  —  The event had been set for April 29, but weeks of escalating criticism of the organization's response to the war had led nearly half of the prize nominees to withdraw.
Adam B. Vary / Variety:
The Blair Witch Project cast requests retroactive residuals and “meaningful consultation” on future projects, after Lionsgate and Blumhouse announced a reboot  —  The directors and producers of the groundbreaking 1999 horror film release a separate statement in support …
Kate Lyons / The Guardian:
Australia's ABC South Asia correspondent Avani Dias says India refused her a standard visa renewal, after issuing a takedown notice to YouTube for her stories  —  Despite eventual visa backflip by authorities, ABC's south-Asia correspondent Avani Dias left after being made to ‘feel so uncomfortable’
Amy Graff / SFGATE:
KQED, a Bay Area NPR and PBS affiliate, is initiating buyouts, and may have layoffs or a hiring freeze; in 2023, revenue hit $90.4M and expenses $100.9M  —  KQED is initiating staff buyouts, an effort to reduce costs in the face of a budget deficit, SFGATE has learned.
Kristen Hare / Poynter:
In its first open call for funding, Press Forward announces support, over two years, of $100,000 each for 100+ newsrooms focused on underserved audiences  —  It includes $100,000 each in general operating support for more than 100 newsrooms  —  We now know the focus for the first open call …
New York Times:
The American Sunlight Project, led by ex-US DHS exec Nina Jankowicz, launches to fight a “campaign by conservatives” to undermine disinformation researchers  —  The group intends to fight what its leader, Nina Jankowicz, and others have described as a coordinated campaign …
 
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 More News: 
Sophie Culpepper / Nieman Lab:
Four top editors from Texas, California, and Canada talk about the challenges of running a metro newspaper in the digital era, keeping readers engaged, and more
Discussion: Media Voices
Sean Piccoli / Deadline:
Ex-American Media CEO David Pecker was the first witness at Trump's hush money trial, as prosecutors outline National Enquirer's role in “catch and kill” scheme
Nilay Patel / The Verge:
Newsletter service Ghost says it plans to add ActivityPub support in 2024; rival service Buttondown also plans ActivityPub support
Alex Sherman / CNBC:
Memo: Aaron LaBerge, the CTO of Disney Entertainment and ESPN, will leave the company after June for personal reasons, to become the CTO of Penn Entertainment
 Earlier Picks: 
Tariq Panja / New York Times:
Sources: FIFA is close to giving Apple the global rights for its 2025 World Cup-style soccer competition in the US, likely for ~25% of FIFA's first $4B estimate
Natasha Lomas / TechCrunch:
EU opens another TikTok probe and will now formally assess whether TikTok Lite's design, which financially rewards users for watching videos, is “addictive”
Andrew Marchand / The Athletic:
Sources: NBA is seeking new contracts that are at least a decade long with streaming as the main distribution method; Amazon Prime Video, Peacock are contenders
Ian Youngs / BBC:
Huw Edwards, the BBC news anchor who has been off air since July 2023 after reports that he paid a young person for explicit images, resigns on “medical advice”
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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