Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
6:25 AM ET, April 30, 2024

Mediagazer

 Top News: 
The Hollywood Reporter:
Paramount CEO Bob Bakish steps down; Brian Robbins, Chris McCarthy, and George Cheeks will run Paramount on an interim basis as an “Office of the CEO”  —  The entertainment company, in the midst of a sale process, has tapped Brian Robbins, Chris McCarthy and George Cheeks to run Paramount on an interim basis.
RELATED:
Etan Vlessing / The Hollywood Reporter:
Paramount reports Q1 revenue up 6% YoY to $7.69B and a $417M operating loss, down from $1.2B YoY; Paramount+ hit 71M+ global subscribers with revenue up 51% YoY  —  The studio unveiled its first quarter earnings amid talk of deal-making options and a CEO shake-up.
Alex Sherman / CNBC:
Sources: Shari Redstone agreed to take less than $2B for her Paramount stake as part of Skydance's “best and final” offer, lower than what was initially offered
New York Times:
Sources: in a revised bid, Skydance offered Paramount shareholders a larger stake in the combined company and a $3B cash infusion to pay debt and buy back stock
Madhumita Murgia / Financial Times:
The Financial Times signs a deal with OpenAI to train AI models on the publisher's archived content and to let ChatGPT reply with short summaries of FT articles  —  Agreement comes as Microsoft-backed start-up seeks data from reliable sources to train latest artificial intelligence models
New York Times:
OAN retracts a story that said Trump's ex-lawyer Michael Cohen had an affair with Stormy Daniels and apologizes, part of a settlement with no monetary damages  —  Michael D. Cohen's lawyers took on OAN over the false story.  The settlement came as right-wing news outlets face a barrage of defamation suits.
Timothy B. Lee / Asterisk:
Tech journalism is often characterized by scandals, sensationalism, and shoddy research, and publishers are reluctant to invest in it without a clear ROI  —  A huge proportion of tech journalism is characterized by scandals, sensationalism, and shoddy research.  Can we fix it?
Georg Szalai / The Hollywood Reporter:
Everyone TV, a joint venture between the BBC, ITV, Channel 4, and Channel 5, launches free streaming service Freely on smart TVs, targeting internet-only homes  —  The service is backed by U.K. broadcasters BBC, ITV, Channel 4, and Paramount Global's Channel 5.
Discussion: The Desk, Variety and The Sun
Alexandra Topping / The Guardian:
As News UK's TalkTV closes its linear channel and moves online, experts say the future of both of UK's broadcasting upstarts, TalkTV and GB News, is uncertain  —  TalkTV's shift to online only is a moment of reckoning for the two broadcasting upstarts  —  In April 2021, the boss …
Rachel Kurzius / Washington Post:
A profile of Samir Mezrahi, the ex-BuzzFeed social media director behind Zillow Gone Wild, which has 4M+ followers and a spin-off HGTV show debuting in May  —  Samir Mezrahi posted his first outrageous house in 2020.  Now he has 4 million followers and an HGTV show on the way.
Discussion: @jeremymbarr
Tom Phillips / The Guardian:
How the 2018 killing of Rio de Janeiro councilor Marielle Franco inspired a generation of journalists to investigate the city's dangerous underworld  —  The killing of councillor Marielle Franco has inspired a generation of journalists to probe the city's dangerous underworld
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 6:25 AM ET, April 30, 2024.

View the current page or another snapshot:


 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Benjamin Hart / New York Magazine:
Q&A with Axios CEO Jim VandeHei on AI, “smart brevity” bullet point format, Puck's and Punchbowl's business models, his new book Just the Good Stuff, and more
Discussion: A Media Operator
CNN:
In a letter to Fox News, Hunter Biden's attorneys demand Fox remove “hacked” sexually explicit images of Hunter from its platforms, citing revenge porn laws
Todd Spangler / Variety:
NBCUniversal plans to raise Peacock Premium with ads by $2 to $7.99/month and Premium Plus by $2 to $13.99/month starting July 18, its second hike in two years
Laura Wagner / Washington Post:
Over 50 journalism professors call on the NYT to address questions on its report that described a “pattern of gender-based violence” in Hamas' October 7 attack
 Earlier Picks: 
Bloomberg:
Blackstone offers $1.30 per share in cash for Hipgnosis, valuing the business at ~$1.57B, above Concord's $1.51B offer; Hipgnosis' board recommends the deal
Sara Guaglione / Digiday:
Some publishers are hesitant to monetize generative AI chatbots with ads because of low CPMs and lack of scale, opting to build a subscription model first