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11:25 PM ET, May 7, 2024

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 Top News: 
Jennifer Maas / Variety:
RELATED:
CNBC:
Disney reports Q2 revenue up 1% YoY to $22.08B, vs. $22.11B est., with Disney+ and Hulu hitting a combined quarterly profit for the first time  —  The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023.
Loree Seitz / The Wrap:
Bob Iger says Disney+ will add a new ESPN tile by the end of 2024, with “select live games and studio programming” for US subscribers
Austin Fuller / Current:
NPR CEO Katherine Maher will not attend a US House committee hearing on May 8 looking at alleged NPR bias due to a schedule conflict, but offers to appear later  —  NPR CEO Katherine Maher will not attend a U.S. House committee hearing Wednesday aimed at looking into alleged ideological bias at the organization.
Joshua Benton / Nieman Lab:
A historical look at Pulitzer winners shows the decline of local and regional newspapers and the growth in online news outlets, especially at the local level  —  For the first time ever, more online news sites produced Pulitzer finalists than newspapers did.
RELATED:
Benjamin Mullin / New York Times:
A look at Chicago's Invisible Institute, a nonprofit newsroom with about a dozen journalists incorporated in 2015 that won two 2024 Pulitzers  —  The Invisible Institute, a nonprofit newsroom with roughly a dozen journalists, was recognized for local and audio reporting.
Max Tani / Semafor:
Memo: Business Insider Global Editor-in-Chief Nich Carlson is stepping down and will become an editor-at-large focused on longer-term projects  —  The Scoop  —  Business Insider's global editor-in-chief is stepping down as the company begins a search for his replacement.
Karissa Bell / Engadget:
Substack announces Substack Creator Studio, a program to support 10 US-based video creators to “turn their TikTok channels into Substack shows and communities”  —  The company says its plans are unrelated to a potential TikTok ban.  —  Newsletter platform Substack is ramping …
Pew Research Center:
Survey: 48% of US adults prefer websites or social media for local news; 15% paid for local news in the last year; 63% believe local outlets do well financially  —  As news consumption habits become more digital, U.S. adults continue to see value in local outlets  —  Table of Contents Table of Contents
Nellie Andreeva / Deadline:
Ricky Strauss, who has been head of marketing at Apple TV+ for 16 months, is leaving; he earlier was president of content and marketing at Disney+ at its launch  —  Ricky Strauss is leaving Apple TV+ after a 16-month stint as Head of Marketing.  —  In his role, he was involved …
Discussion: Variety, The Wrap, Puck, @rarebre3d and 9to5Mac
Sarah Perez / TechCrunch:
Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims it's adding strong guardrails to prevent abuse  —  Meta is rolling out an expanded set of generative AI tools for advertisers, after first announcing a set of AI features last October.
RELATED:
Sara Fischer / Axios:
Dotdash Meredith inks a deal with OpenAI to license its content to train AI models and work together on products, including Dotdash's ad-targeting tool D/Cipher
 
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 More News: 
New York Times:
TikTok sues the US government over the law forcing a sale or ban, saying it violates users' First Amendment rights and divestiture is “simply not possible”
 Earlier Picks: 
Tech Transparency Project:
An investigation finds a black market for Facebook accounts that have approval to run political ads during India's general election, raising interference fears
Discussion: Washington Post