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4:50 PM ET, May 28, 2024

Mediagazer

 Top News: 
Pamela McClintock / The Hollywood Reporter:
Comscore: Memorial Day weekend box office grossed an estimated $128.3M, a 29-year low, excluding 2020 and 2021, and down ~37% YoY; Furiosa led with just $32M  —  Overall revenue for the four-day holiday also hits a 29-year low as the early summer calendar suffers from an unprecedented absence …
RELATED:
Peter Kafka / Business Insider:
Americans' visits to movie theaters have been falling since the early 2000s, coinciding with broadband internet growth; Hollywood is reacting by raising prices  —  - Hollywood had a miserable Memorial Day weekend — one of the worst it has had in decades.  — But this shouldn't be a surprise …
Discussion: @tvgrimreaper and @tvgrimreaper
Alex Rogers / Financial Times:
Letter: Vivek Ramaswamy calls for BuzzFeed to axe staff, focus on video, and hire new voices, like Tucker Carlson, after raising his stake in BuzzFeed to 8.3%  —  Former US Republican presidential candidate urges media group to hire from ‘across the political spectrum’
Evan Osnos / New Yorker:
How a struggling actor duped friends and investors in a $690M+ Hollywood Ponzi scheme, claiming to buy cheap movie rights and sell them to major streamers  —  A struggling actor struck it rich in Hollywood—then the F.B.I. showed up.  —  Anyone who visited Zach and Mallory Horwitz in 2019 …
Charlotte Tobitt / Press Gazette:
FT CEO John Ridding says news publishers “have leverage and should insist on payment” from AI companies and disintermediation is the industry's “biggest threat”  —  Financial Times chief executive John Ridding has told other news publishers they “have leverage and should insist on payment” from AI companies.
Lulu Garcia-Navarro / New York Times:
Q&A with Netflix's Ted Sarandos on the state of Hollywood, shifting US tastes, programming strategy, ads, corporate activism, YouTube, live events, AI, and more  —  Devin Oktar Yalkin for The New York Times  —  If you're anything like me, you probably spent some large portion of this week sitting on your couch watching Netflix.
Jim Waterson / The Guardian:
Push alerts from the BBC News app have become hugely influential in the UK; the app has an estimated 12M installs, with ~60% of its users getting notifications  —  With BBC news app alerts reaching as many as 7m Britons, parties are desperately trying to influence what gets pushed out
John Koblin / New York Times:
A look at the growing importance of ads for video streaming services, as Antenna says that 56% of new subscribers chose the cheaper ad-supported tier in Q1 2024  —  Ads are here, there — almost everywhere — on streaming services now.  —  Not long ago, streaming TV came with a promise …
Sara Fischer / Axios:
The Daily Wire says it finished 2023 with a profit and more than $200M in revenue, with more than $22M from commerce, most from its line of shaving products  —  - “We launched Jeremy's Razors for the same reason we launched a general and kids entertainment business and a news …
Sara Fischer / Axios:
The Associated Press has inked new deals with five local nonprofit newsrooms to share and distribute content ahead of the 2024 election  —  - And it continues to add more statehouse reporters through an ongoing collaboration with Report for America. … - Those newsrooms were selected based …
Discussion: @jeffjarvis
 
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 More News: 
Caroline Frost / Deadline:
Martine Croxall, one of the four female BBC journalists who brought a tribunal claim against the BBC, returns to screen after being off-air for more than a year
Caitlin Cassidy / The Guardian:
Australia's Nine commissions an independent review after complaints against former TV news boss Darren Wick and acknowledges “cultural issues” in its newsrooms
Ben Smith / Semafor:
The Washington Post's choices with respect to covering the flag outside Justice Alito's house illustrate how deferential the coverage of SCOTUS was before Dobbs
Sarah Scire / Nieman Lab:
As traffic from social media drops, nonprofit news outlets are experimenting with in-person outreach to distribute journalism to new and underserved audiences
 Earlier Picks: 
Hanaa' Tameez / Nieman Lab:
Q&A with Radio Ambulante's cofounders on the launch of Radio Ambulante Records, the podcast company's label, which they see as a community building exercise
Katie Kilkenny / The Hollywood Reporter:
Payroll provider Cast & Crew says California is disputing the common Hollywood practice of paying workers through loan-out companies instead of directly
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions
 
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