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1:20 AM ET, April 24, 2024

Mediagazer

 Top News: 
Lauren Feiner / The Verge:
The US Senate passes the TikTok divestment bill by a margin of 79-18; the legislation now heads to President Biden, who has committed to sign it into law  —  A bill that would force China-based company Bytedance to sell TikTok — or else face a US ban of the platform …
RELATED:
Casey Newton / Platformer:
Legal scholars discuss how the TikTok divestment bill could survive a First Amendment challenge and why the US will likely rely on a national security argument  —  The First Amendment is a major obstacle, scholars say — but it isn't insurmountable  —  On Tuesday, the Senate voted overwhelmingly …
Ashley Carman / Bloomberg:
Spotify Q1: revenue up 20% YoY to €3.6B, MAUs up 19% to 615M, vs. 617.9M est., subscribers up 14% to 239M, and a €168M operating income; SPOT closes up 11.41%  —  - Subscribers to paid Spotify tiers jumped 14% to 239 million  — Swedish audio-streaming company posted record operating profit
Seb Joseph / Digiday:
For the third time, Google delays the deprecation of third-party cookies in Chrome, pushing back its plans to early 2025 amid regulatory scrutiny  —  Google is delaying the end of third-party cookies in its Chrome browser — again.  In other unsurprising developments, water remains wet.
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.
Discussion: Current
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 …
Erin Doherty / Axios:
iHeartMedia and Deep Blue Sports + Entertainment plan to launch the Women's Sports Audio Network, the “first-ever” audio platform solely for women's sports  —  - The Women's Sports Audio Network, which will be free, is set to include podcasts, sports reports and feature athletes' stories on and off the field.
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 …
 
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 More News: 
Rolling Stone:
Ex-AMI CEO David Pecker testifies about agreeing to be Trump's “eyes and ears” and how the National Enquirer used Michael Cohen's prompts to bash Trump rivals
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
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
 Earlier Picks: 
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
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
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
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
 

 
From Techmeme:

Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey's departure from its board and says it is searching for a new board member

Anthony Ha / TechCrunch:
Meta launches quote post controls for all Threads users, who can allow quotes from everyone on Threads, only the people they follow, or disable quote posts

Tara Copp / Associated Press:
US Air Force plans a fleet of 1,000+ AI-controlled jets, the first of them operating by 2028; some AI versions already beat human pilots in air-to-air combat
 
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