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4:40 PM ET, May 5, 2024

Mediagazer

 Top News: 
Taylor Lorenz / Washington Post:
Twitch streamers are growing their audiences as they stream student protests, and some viewers and protesters see them as more trustworthy than traditional news  —  Live-streamers are amassing audiences through real-time coverage of student encampments and police crackdowns.
RELATED:
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:
Reuters:
Al Jazeera source and Israeli official: police raided a Jerusalem hotel room used by Al Jazeera as its de facto office, following a government shutdown order  —  Israeli police raided a Jerusalem hotel room used by Al Jazeera as its de facto office on Sunday following a government decision …
Kayleigh Barber / Digiday:
Some publishers plan to keep testing Google's Privacy Sandbox but won't allocate further resources to it, as Google delays cookie deprecation from Chrome again  —  Publishers could see the writing on the wall when it came to Google's announcement that it was delaying cookie deprecation from Chrome yet again.
Nikkei Asia:
Sources: Chinese-owned media stopped submissions to Asia's highest-profile journalism prize SOPA due to Chinese government pressure to avoid foreign “collusion”  —  Outlets stop SOPA submissions under pressure to avoid foreign ‘collusion’  —  Nationalists have attacked Chinese media …
Yun Li / CNBC:
Warren Buffett says Berkshire sold its entire Paramount stake and “lost quite a bit of money”; Berkshire owned 63.3M shares of Paramount as of the end of 2023  —  WATCH NOW  —  Warren Buffett says Berkshire sold its entire Paramount stake and ‘lost quite a bit of money’
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
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.
RELATED:
Wendy Lee / Los Angeles Times:
How the AI-generated music video for Washed Out's The Hardest Part was created entirely using OpenAI's Sora, a first from a major record label  —  “The Hardest Part,” a new song from indie pop artist Washed Out, is all about love lost, among the most human of themes.
 
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 More News: 
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
 Earlier Picks: 
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