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9:40 AM ET, April 26, 2024

Mediagazer

 Top News: 
Katie Robertson / New York Times:
G/O Media sells The Onion to Global Tetrahedron, a new Chicago firm owned by former Twilio CEO Jeff Lawson; former NBC News senior reporter Ben Collins is CEO  —  The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion's staff.
The New York Times Company:
The New York Times says it will continue to cover Biden “fully and fairly” regardless of whether he gives the paper a sit-down interview  —  A spokesperson for The New York Times responds to recent reporting about a free press and reporting on the president.
RELATED:
Eli Stokols / Politico:
A look at the tense relationship between Biden and The NYT, beset by misunderstandings, grudges, lack of trust, and his refusal to give the paper an interview
Alex Sherman / CNBC:
Sources: Paramount and Skydance move closer to a deal, but Paramount's renewal agreement with Charter, which has an April 30 deadline, is a significant hurdle  —  WATCH NOW  —  Paramount and Skydance inch closer to a merger as key hurdle looms  —  Paramount Global and Skydance Media …
Sarah Scire / Nieman Lab:
An interview with CalMatters CEO Neil Chase on how the The Markup acquisition happened, consolidation uptick in nonprofit news, and why there is more to come  —  Nonprofit news has seen an uptick in mergers, acquisitions, and other consolidations.  CalMatters CEO Neil Chase still says “I don't think we've seen enough yet.”
Discussion: Talking Biz News
Michael Sisak / Associated Press:
A US appeals court overturns Harvey Weinstein's 2020 conviction, finding the trial judge let women testify about allegations that were not part of the case  —  New York's highest court on Thursday overturned Harvey Weinstein's 2020 rape conviction, finding the judge at the landmark #MeToo trial prejudiced …
RELATED:
Jordan Moreau / Variety:
Harvey Weinstein's accusers slam the 4-3 court decision overturning his 2020 conviction; he remains jailed due to his 2022 Los Angeles trial conviction
Charlotte Tobitt / Press Gazette:
GB News co-owner Paul Marshall steps down from the board of GB News after three year, amid reports he is considering a new rival bid to buy the Telegraph  —  Sir Paul Marshall said he was leaving GB News on a “secure growth trajectory”.  —  GB News co-lead investor Sir Paul Marshall …
Discussion: Mediaite and The Independent
Wall Street Journal:
A look at the competition for NBA live sports media rights after the 2024-25 season, involving Amazon's Prime Video, YouTube, NBCUniversal, Disney, and WBD  —  League is advancing toward lucrative deals with incumbent partners and is in talks with tech giants as well as NBCUniversal
Reuters:
Burkina Faso suspends the radio broadcasts of BBC Africa and VOA for two weeks over their coverage of a report accusing the army of extrajudicial killings  —  Burkina Faso has suspended the radio broadcasts of BBC Africa and the U.S-funded Voice of America (VOA) for two weeks over their coverage …
Etan Vlessing / The Hollywood Reporter:
Prime Video will air NHL games on Monday nights in Canada for the 2024-25 and 2025-26 seasons, after striking a deal with rights holder Rogers Communications  —  The two-year deal will see National Hockey League games appear exclusively on the Amazon streaming site on Monday nights.
Jennifer Maas / Variety:
Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023  —  Roku reported its first-quarter 2024 earnings Thursday, revealing the company reached 81.6 million active accounts …
Todd Spangler / Variety:
YouTube's Q1 ad revenue climbs 21% YoY to $8.1B, vs. $7.72B estimated, its highest Q1 total to date  —  YouTube keeps eating up more share of the advertising pie: The Google-owned video giant posted $8.1 billion in ad sales for the first quarter of 2024, its highest Q1 total to date.
ABC News:
Ex-AMI CEO David Pecker testifies again in Trump's NY trial and says he believes Trump's motivation to kill negative stories was about the campaign, not family  —  Former President Trump is in court on Day 7 of his criminal trial in New York.  —  Former President Donald Trump is on trial in New York City …
 
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 More News: 
Ashley Capoot / CNBC:
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 20%+
Elvira Pollina / Reuters:
Journalists at Italian state broadcaster RAI plan a 24-hour strike May 6 against “suffocating control” of their work by Giorgia Meloni's right-wing government
Cecilia Kang / New York Times:
The FCC votes 3-2 to reinstate net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet
 Earlier Picks: 
Aidan Ryan / The Boston Globe:
Memo: Boston public radio station WBUR CEO Margaret Low says 31 employees, or ~14% of its staff, are leaving, with 24 of them taking a voluntary buyout
Jesse Whittock / Deadline:
Wondery UK hires ex-head of studios for Spotify UK and Ireland as its head of podcasts, and launches its paid, ad-free subscription service Wondery+ in the UK
Discussion: Variety
 

 
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

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

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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