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2:55 AM ET, May 8, 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
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, @rarebre3d, The Wrap, Puck 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.
 
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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”
Alex Weprin / The Hollywood Reporter:
Amazon announces three new interactive ad formats for Prime Video: shoppable carousel ads, interactive pause ads, and interactive brand trivia ads
 Earlier Picks: 
Charles Pulliam-Moore / The Verge:
Tubi partners with Issa Rae's ColorCreative initiative to launch Stubios, an incubation program for up-and-coming filmmakers looking to break into the business
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