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2:40 PM ET, May 31, 2024

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Disney and Comcast's NBCUniversal hit an impasse in Disney's buyout plans for NBCU's 33% Hulu stake, with a significant disagreement over valuation  —  Companies are discussing a Disney buyout of Comcast's stake in streaming service; with a big valuation gap, the prospect of a court battle looms
Reuters Institute:
Rasmus Nielsen, director of the Reuters Institute for the Study Institute, plans to step down at the end of September after assuming the role in December 2018  —  Mitali Mukherjee will take over as Acting Director from 1 October  —  The Director of the Reuters Institute for the Study of Journalism …
Kristin Robinson / Billboard:
Sampling of King Willonius' AI-generated “BBL Drizzy” creates a new precedent; the recording is public domain but Willonius' lyrics give him publishing rights  —  After “BBL Drizzy” was sampled in Sexyy Red and Drake's new single “U My Everything,” it required a lawyer to create a procedure for clearing AI samples.
Todd Spangler / Variety:
Moonbug Entertainment names Courtney Holt, previously Spotify's head of studios and video, as managing director for the Americas, taking over from Andy Yeatman  —  Holt takes over the position from Andy Yeatman, who is departing Moonbug for an unspecified new gig.
Associated Press:
Iran says Saudi Arabia expelled six of its state media journalists after detaining them for nearly a week; Saudi Arabia claims they violated visa regulations  —  Iran said Wednesday that Saudi Arabia expelled six members of a crew from its state television broadcaster after they had been detained …
Charlotte Tobitt / Press Gazette:
Tom Rubin, OpenAI's chief of IP and content, says publisher partnerships are “largely not” about training AI but instead about use of tools and display of news  —  It is “incumbent” on OpenAI to make sure smaller publishers get the same potential benefits from platforms like ChatGPT …
 
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 More News: 
Katie Robertson / @katie_robertson:
Memo: WSJ EIC Emma Tucker announces changes in how the outlet covers US news, including closing its East Coast, Midwest, and West Coast regional bureaus
Reuters:
Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance
Meg James / Los Angeles Times:
Report: Nelson Peltz' Trian Partners reaped ~$1B from its Disney stock after his unsuccessful proxy fight; Disney heeded some of his calls, cutting 8,000 jobs
Emma Roth / The Verge:
Meta begins rolling out TweetDeck-style customizable feeds on Threads globally, following a test that started earlier this month
 Earlier Picks: 
Wall Street Journal:
Sources: Skydance sweetens its Paramount offer, making it more favorable to both voting and nonvoting shareholders and agreeing to put more money into Paramount
Anthony D'Alessandro / Deadline:
Brian Weinstein moves from president and COO of Bad Robot to serving as 3 Arts Entertainment co-CEO and senior adviser to Lionsgate CEO Jon Feltheimer
Thomas Buckley / Bloomberg:
A look at Pixar's missteps since COVID-19: movies were released on Disney+ and key executives departed, leading to a focus on sequels to get back on track
Peter Beaumont / The Guardian:
A Haaretz journalist reveals Israeli security officials threatened him and blocked his reporting about a Mossad chief's efforts to intimidate an ICC prosecutor