Top News:
CNBC:
Source: Nelson Peltz has sold his full Disney stake; in April, Peltz' Trian Partners lost a proxy battle after trying to elect Peltz and Jay Rasulo to the board — Activist investor Nelson Peltz has sold his entire stake in Disney, according to a person familiar with the matter.
Discussion:
The Wrap, Yahoo Finance, New York Times, Deadline, Gizmodo, Reuters and Variety
Sara Fischer / Axios:
The Atlantic and Vox Media sign multi-year licensing and product deals with OpenAI; The Atlantic plans an experimental Atlantic Labs with OpenAI tech — - The Atlantic has been publishing content since 1857. … - Both agreements also allow OpenAI to tap into the respective publishers' current content …
Discussion:
Engadget, Vox Media, The Atlantic, @edmundlee, @tomwarren, @stephentotilo, @vox_union, @edmundlee, @vox_union, Bloomberg, @WarnerCrocker@mastodon.social, VentureBeat, @jeffjarvis, @nxthompson, @xpangler, @rafat, @attackerman.bsky.social, @emilybell, @openai, The Atlantic, @nkulw, @tsuvik, @pranavdixit, The Verge, @quillmatiq@threads.net, @daveleebbg@threads.net, @kylie.robison@threads.net, @reckless1280@threads.net, @jbillinson@threads.net, The Information, Variety, The Wrap, The Drum, @dandock.bsky.social, @dandock.bsky.social, The Hollywood Reporter, The Hill and @chrismvasq.bsky.social, more at Techmeme »
RELATED:
Annie Aguiar / Poynter:
Q&A with Kira Lerner, democracy editor at the Guardian US, on trying to avoid stories that play on people's fears, focusing on service journalism, and more — As the 2024 presidential election approaches, Poynter spoke with The Guardian US's democracy editor about the beat
Discussion:
Poynter Institute on LinkedIn, @kira_lerner and Nieman Lab
Tania Ganguli / New York Times:
A look at the future of TNT's Inside the NBA, which started in 1989 and hired Charles Barkley in 2000, after WBD did not secure NBA rights beyond next season — Next season could be the last for TNT's influential and beloved studio show, and Charles Barkley, for one, will not be going quietly.
Discussion:
New York Post, Ian Rapoport on LinkedIn, @taniaganguli, Barrett Media, Awful Announcing, USA Today, Fox News and The Hill
Katie Campione / Deadline:
Sources: writers at iHeart's 100-member podcast unit prepare to strike if a contract deal isn't reached by the end of May; they unionized 2+ years ago — EXCLUSIVE: More than two years after unionizing through the WGA East, the writers at iHeartPodcasts still don't have their first deal with the network.
Discussion:
@iheartpodunion and @iheartpodunion
Steven Lee Myers / New York Times:
Researchers: an ex-Florida deputy sheriff who received asylum in Russia is behind a growing network of 160+ fake news sites mimicking US, UK, and French outlets — In 2016, Russia used an army of trolls to interfere in the U.S. presidential election. This year, an American given asylum …
Daniel Frankel / Next TV:
A survey of 2,008 US adults who identified themselves as “sports viewers”: 42% are likely to subscribe to Venu Sports, assuming a price point of $35-$40/month — Are legions of youthful consumers ready to sign up for the sports streaming joint venture, regardless of what its price ends up being?
Discussion:
Horowitz Research, The Desk, The Streamable, Horowitz Research and Media Play News
Rebuild Local News:
Illinois legislators included in their budget new tax credits for newsrooms that hire or retain local reporters, allocating $25M over five years, and more — The State Legislature's budget provisions support local news through employment tax credits, a 120-day delay on selling local newspapers …
Jessica Toonkel / Wall Street Journal:
Netflix is developing new music-competition shows similar to The Voice as it expands the breadth of its programming with brand-safe, family-friendly content — Netflix is ready to jam. The streaming giant is developing new music-competition shows in the image of long-running broadcast hits like …
Discussion:
Jessica Toonkel on LinkedIn and @theonlyjdb.bsky.social
Bloomberg:
Sources: Sony is working with another investor to buy Queen's music catalog, including merchandising and other businesses, in a deal potentially worth ~$1B — - The talks are ongoing and may not result in a deal for songs — Sony Music in talks with another investor about the purchase
Mark Gurman / Bloomberg:
Apple is seeking a senior engineer to help build a TV and sports app for Android, a sign the company is bringing its TV+ service to the rival platform — - Company is seeking Android engineer to help build new app — It's rare for Apple to develop software for rival platform
Discussion:
9to5Google, AppleInsider, BGR, The Verge, Digital Trends, @anni_sen, The Information and 9to5Mac, more at Techmeme »
Jim Waterson / The Guardian:
London Evening Standard plans to close its daily paper and launch a weekly, citing £84.5M losses in six years, driven by the Underground adding Wi-Fi and more — Chair Paul Kanareck says newspaper's losses - £84.5m in the past six years - not sustainable
Discussion:
Digiday, Simon Owens's Media Newsletter, City A.M., @pressgazette, @nickw84, @crankynotions, @aubrey_writes, Deborah Watson on LinkedIn, @profdaveandress, @mrjamesob, @zoenora6, @youngvulgarian, @olifranklin, @chrismsutcliffe, @mattleys, @owenjones84, @mendelpol, Financial Times, @sdp, @danhancox, @nigelwuk, @nicolelampert, @anthonypainter, @thewritertype, @eduardosuarez, @jimwaterson, @hugorifkind, @benjaminbutter, @henrycooke, @chrismonk, @jamesrbuk, @josiahmortimer, @stephenpollard, @amarjourno, @sophiasleigh, @ianvisits, Mediaite, WWD, Harry Owen on LinkedIn, Bloomberg, National Union of Journalists …, MediaPost and Press Gazette
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