Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
5:40 PM ET, May 3, 2024

Mediagazer

 Top News: 
Todd Spangler / Variety:
Sources: the expectation at Paramount Global is that neither of the two offers in play, Skydance-RedBird and Sony Pictures-Apollo, will come to fruition  —  After months of M&A talks, Paramount Global and controlling shareholder Shari Redstone might be going it alone after all.
RELATED:
New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3  —  Paramount has been exploring a potential deal for months, talking to suitors including Skydance, producer of “Top Gun: Maverick.”
Tom McArthur / BBC:
RSF publishes its World Press Freedom Index and places Norway, Denmark, and Sweden in the top three, the US down 10 spots at 55, and Eritrea in last place  —  Gaza is one of the deadliest places in the world to be a journalist, according to Reporters Without Borders
RELATED:
Alex Kantrowitz / Big Technology:
Elon Musk says he wants Grok to create news summaries by relying solely on X posts, without looking at article text, and improved story citations are coming  —  Musk emails with details on AI-powered news inside X. An AI bot will summarize news and commentary, sometimes looking through tens of thousands of posts per story.
Christina A. Cassidy / Associated Press:
In a letter, several Democrats serving as their state's top election officials ask Meta to repeal a policy allowing ads that claim the 2020 election was stolen  —  Several Democrats serving as their state's top election officials have sent a letter to the parent company of Facebook …
Financial Times:
An interview with UK culture secretary Lucy Frazer on blocking RedBird IMI's Telegraph takeover bid, plans to cap foreign state ownership at 5%, and more  —  Culture secretary says UK ‘not stopping’ foreign investment as she defends blocking sale to Abu Dhabi-backed company
Discussion: City A.M.
Bron Maher / Press Gazette:
The Guardian outlines plans for a “small number of voluntary redundancies”, says it is 60% funded by readers, and had a £39m loss in the year to March 2024  —  Editor Katharine Viner said the business foresees revenue pressures continuing into the next year at least.
Discussion: Telegraph and The Drum
Steven Levy / Wired:
Jeff Lawson's Global Tetrahedron plans membership tiers for the Onion and doesn't plan to put up a hard paywall as it moves away from G/O's ad-focused approach  —  Entrepreneur Jeff Lawson's plan to revive venerable satirical outlet The Onion involves borrowing from the playbook of the founders of WhatsApp.
Etan Vlessing / The Hollywood Reporter:
Fubo reports 1.51M FuboTV subscribers at the end of Q1, down from 1.61M in Q4, revenue up 24% YoY to $394M, and a $56.1M loss, down from $83.6M a year ago  —  The streaming platform shrunk its losses on higher subscription and advertising revenue.  —  Sports streaming platform FuboTV …
Andrew Marchand / The Athletic:
Sources: MLB is in advanced talks to make Roku the new home for Sunday morning baseball this season, in what would be Roku's first major live rights deal  —  Major League Baseball and Roku are in advanced talks to make the service the new home for Sunday morning baseball this season …
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 5:40 PM ET, May 3, 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: 
Charlotte Klein / Vanity Fair:
For weeks, grad students at The Columbia Journalism School have chronicled protests, and professors worked to ensure access and safety as the campus locked down
Jill Goldsmith / Deadline:
A look at 2023 media CEO pay amid industry contraction: Charter CEO Chris Winfrey, $89M; Endeavor CEO Ari Emanuel, $84M; WBD CEO David Zaslav, $49.7M; and more
 Earlier Picks: 
Jack Mirkinson / Discourse Blog:
Dana Bash's May 1 CNN monologue about pro-Palestinian student protests included lies, regurgitated others' spin, and repeated lines of pro-Israel propaganda
Clare Malone / New Yorker:
A look at Hunterbrook, whose hedge fund makes trades based on investigations by its newsroom, and well-connected founders Sam Koppelman and Nathaniel Horwitz
Etan Vlessing / The Hollywood Reporter:
In a letter, Fubo, DirecTV, and others call on Congress to hold hearings on the Fox, Disney, and WBD's sports streamer, citing “serious competition concerns”
Alex Weprin / The Hollywood Reporter:
Nielsen signs a deal to be SAG-AFTRA's third-party provider of streaming content measurement, to help the union cross-check viewership data from streamers
 

 
From Techmeme:

Kelsey Piper / Vox:
OpenAI has an unusual, extremely restrictive off-boarding agreement with a lifelong nondisparagement commitment; those who don't sign it lose all vested equity

The Information:
Sources: Apple is working on a significantly slimmer iPhone that could be released concurrently with the iPhone 17, a major redesign, similar to the iPhone X

Dan Goodin / Ars Technica:
The US SEC will require some financial institutions to notify customers whose personal information was compromised within 30 days of learning about breaches
 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page