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7:30 PM ET, May 24, 2024

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 Top News: 
Chattanooga Times Free Press:
Carpenter Media acquires 10 newspapers in Alabama and Georgia and a Georgia printing facility from Community Newspaper Holdings  —  The Carpenter Media Group announced Thursday it has acquired the Dalton Daily Citizen in North Georgia as part of an acquisition of 10 newspapers and a Valdosta …
Jacky Wong / Wall Street Journal:
A look at Sony's entertainment unit, which accounted for ~60% of Sony revenue in FY 2023, up from 30% a decade ago, ahead of a potential Paramount deal  —  Company aims to make better use of intellectual property across gaming, films and more  —  Sony is well known for gadgets …
Vivian Lee / Northwest Asian Weekly:
The publisher of Seattle's Northwest Asian Weekly sells the outlet to four local partners, seven months after donating the Seattle Chinese Post to a nonprofit  —  After decades of nurturing one of the most influential Asian American community media publications in the Pacific Northwest …
Janko Roettgers / Lowpass:
Comparisons between streaming bundles and the cable bundle are misplaced: the latter was much more expensive and had channels viewers didn't want and junk fees  —  Like comparing apples to a $125 fruit salad  —  In light of this week's news that Comcast is now offering a bundle of Netflix …
Discussion: @tvgrimreaper
Dominic Ponsford / Press Gazette:
UK passes the Media Bill, repealing the not-yet-enacted Section 40 of the Crime and Courts Act, which required publishers to pay all court costs, win or lose  —  The Media Bill has been passed removing the threat of state-backed press regulation and modernising broadcasting regulations for the streaming age.
RELATED:
Wall Street Journal:
Trump says that if he's elected, Russia would release WSJ reporter Evan Gershkovich; the Kremlin denies any contact between Putin and Trump on the matter  —  Kremlin says Russian leader isn't in contact with former U.S. president about journalist  —  Former President Donald Trump …
Doja Daoud / Committee to Protect Journalists:
Q&A with Gaza journalist Shrouq Al Aila, on the difficulty of her outlet Ain Media's work given a dearth of equipment and the cost of internet, and more  —  Gaza journalists Shrouq Al Aila and Roshdi Sarraj were on a work trip in Saudi Arabia last fall when their home became a war zone.
Hanaa' Tameez / Nieman Lab:
Documented, which covers immigration in New York City, experiments with posts on Nextdoor to reach Caribbean immigrants and uses WeChat and WhatsApp for others  —  “We are bringing onto this platform — where people usually talk about their lost cat or that they're looking for an apartment …
Todd Spangler / Variety:
Leave the World Behind was the most-watched title on Netflix globally in H2 2023, with 121M views, while One Piece was the most-watched series, with 71.6M views  —  Dystopian thriller “Leave the World Behind” was the most-watched film — and title overall — on Netflix globally in the second half of 2023 …
Variety:
Sony India's head NP Singh plans to step down months after merger with Zee collapsed, citing age and personal reasons; Singh has been with SPNI for 25 years  —  NP Singh, the well-respected head of Sony's entertainment businesses in India, is to step down.  —  The announcement was made on Friday local time.
Discussion: Deadline
The Hollywood Reporter:
Paramount and Charter reach a new multiyear carriage deal, adding the ad-supported versions of Paramount+ and BET+ for free to Charter subscribers later in 2024  —  The news comes at a critical moment for the entertainment company.
Lucas Shaw / Bloomberg:
Sources: Alphabet and Meta have talked to Hollywood studios about licensing content for AI video generation tools; Disney and Netflix aren't willing to license  —  - Studios seek to harness AI's promise without losing control  — Warner weighs licensing content; Disney, Netflix say no
 
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 More News: 
Ted Johnson / Deadline:
Media Matters lays off over a dozen staffers, citing its defense against legal action and the shifting media landscape
Pete Brown / Columbia Journalism Review:
An overview of existing deals between news publishers and AI companies and the questions they raise regarding long-term costs, the selection process, and more
CNBC:
The DOJ and 30 state AGs sue Ticketmaster parent company Live Nation to break it up, alleging “anticompetitive conduct to exercise its monopolistic control”
 Earlier Picks: 
Oliver Darcy / CNN:
WaPo CEO Will Lewis outlines plans for Post Pro and Post Plus subscriptions, and “flexible payments” to let readers make a one-time payment for reading a story
 

 
From Techmeme:

New York Times:
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024

Bill Toulas / BleepingComputer:
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace

Abner Li / 9to5Google:
Google rolls out Gemini-powered contextual Smart Replies, which analyzes the context of an email and suggests a detailed reply, in Gmail for paid users
 
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