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10:00 AM ET, May 14, 2024

Mediagazer

 Top News: 
Josh Ye / Reuters:
Tencent reports Q1 revenue up 6% YoY to ~$22.1B and online ad revenue up 26% YoY to ~$3.66B driven by upgraded ad infrastructure and WeChat Video Accounts  —  China's Tencent Holdings (0700.HK) posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations …
RELATED:
Todd Spangler / Variety:
Comcast CEO Brian Roberts says Comcast will launch StreamSaver, a bundle with Peacock, Netflix, and Apple TV+, later this month at a “vastly discounted price”  —  Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle …
Hadas Gold / CNN:
Sam Feist, CNN's longtime Washington bureau chief and senior vice president, will leave the network at the end of June to become C-SPAN CEO  —  Sam Feist, CNN's longtime Washington bureau chief and senior vice president, is departing the network to lead the nonprofit public affairs channel C-SPAN, the networks announced Tuesday.
Todd Spangler / Variety:
Roku gets exclusive multiyear rights for MLB's Sunday Leadoff live games, starting May 19, a package previously held by NBCUniversal's Peacock  —  Starting May 19, Roku will stream Sunday MLB games for free on the Roku Channel.  The company also will launch a new MLB Zone to help baseball fans find live …
Emma Bubola / New York Times:
Iranian film director Mohammad Rasoulof says he has fled the country to Europe, after an Iranian court sentenced him to eight years in prison for his movies  —  Mohammad Rasoulof, known for the award-winning “There Is No Evil,” had been barred from leaving Iran after his work criticized Iran's authoritarian rule.
Sarah Basford Canales / The Guardian:
An Australian court sentences ex-army lawyer David McBride to five years and eight months for stealing Afghanistan war docs and leaking them to Australia's ABC  —  McBride, who pleaded guilty to stealing commonwealth information and passing it to the ABC, receives non-parole jail term of 27 months
Jesse Whittock / Deadline:
Sony Pictures reports Q4 revenue up 1.1% YoY to ~$2.74B, profit up 75% YoY to $208M, and FY 2023 revenue up 1.7% YoY to ~$10.31B, weighed down by the strikes  —  Sony Pictures Entertainment has seen operating income fall nearly 10% for the fiscal year ended March 31, 2024.
Bron Maher / Press Gazette:
The New Yorker confirms blocking readers in the UK from reading an article about convicted child serial killer Lucy Letby, to comply with a UK court order  —  Witnesses in the case were unusually given anonymity without reasons of national security or a risk to life.
Luke Harding / The Guardian:
An interview with the Kyiv Independent ex-Defense Correspondent Illia Ponomarenko about his new book on Russia's Ukraine invasion, social media, and more  —  Ahead of the publication of his raw account of the Russian invasion, the reporter talks about capturing the conflict in real time - and when the war will come to an end
Discussion: Associated Press
Washington Post:
Some publishers worry about the impact of AI summaries in Google's Search Generative Experience; Raptive estimates some may lose up to 60% of their traffic  —  The tech giant is rolling out AI-generated answers that displace links to human-written websites, threatening millions of creators
 
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 More News: 
Charlotte Tobitt / Press Gazette:
Lawyer: the BBC will pay “substantial” compensation to Princess Diana's ex-chauffeur over “serious and unfounded” allegations made by Martin Bashir in 1995
Discussion: Mediaite
Neal Mohan / The Hollywood Reporter:
YouTube CEO Neal Mohan argues that creators should be eligible for Emmys, as the awards “should reflect what viewers are actually watching on their TV screens”
Charlotte Tobitt / Press Gazette:
Le Monde in English, which makes up 10% of new Le Monde subscribers, hopes Paris Olympics and the US election will help reach 1M subscribers by the end of 2025
 Earlier Picks: 
Santul Nerkar / New York Times:
Many student protesters say they value Al Jazeera's on-the-ground coverage, as many major Western media outlets have struggled to gain access to Gaza
Bron Maher / Press Gazette:
Ian Hislop, editor of UK satirical and investigative magazine Private Eye for 38 years, on the privilege of editing as a job, being committed to print, and more
Lucas Shaw / Bloomberg:
Sources: Apple has met with Hollywood talent representatives to propose a new performance-based compensation regime, as Amazon and Netflix work on similar plans
Financial Times:
In a letter, the UK's News Media Association warns Apple that imposing a “web eraser” tool to block ads would threaten journalism's financial sustainability
Sophie Culpepper / Nieman Lab:
Editors from four independent student newspapers discuss how they have approached covering US campus protests under immense pressure and a national spotlight
 

 
From Techmeme:

Bloomberg:
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users

Ramish Zafar / Wccftech:
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 employees at 2023's end

Bloomberg:
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January
 
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