Top News:
Joseph Menn / Washington Post:
Hacked emails and documents: top editors of US-focused news website The Grayzone received funding from Iran's Press TV, as well as Russia's RT and Sputnik — Misinformation experts say an overlap in funding underscores concern that the spread of falsehoods and propaganda online is entering …
Discussion:
@charliearchy@mstdn.social, @jasonmbrodsky and @josephmenn
Taylor Lorenz / Washington Post:
Content creators are amassing audiences of thousands on Twitch by covering political news and raising funds for Palestinians, as other platforms eschew politics — Dozens of content creators are leveraging the live streaming app to raise funds for Palestinians, circumventing political content bans on other platforms.
Discussion:
@taylorlorenz and Tubefilter
Laura Wagner / Washington Post:
The Times Guild leaders say NYT, while rolling out expanded bio pages for staff, made “petty” cuts to the language in which staffers extolled their Guild work — After rolling out expanded bio pages designed to ‘bolster trust with readers,’ the Times excised language in which staffers extolled their work with the Guild
Discussion:
Business Insider
Alexandra Alter / New York Times:
How TikTok influencers helped a self-published author sell 1M+ copies of her book, including ~700K on the TikTok shop, showing how TikTok changed book marketing — Keila Shaheen's “The Shadow Work Journal” shows how radically book sales and marketing have been changed by TikTok.
Philip Bump / Washington Post:
YouGov: the news sources Americans say they trust the most aren't always used most heavily; YouTube and Facebook are often sources for news but not trusted much — That's particularly true among Republicans. — Americans in 2024 again have a source of news that they agree is reliable …
Discussion:
YouGov
Brian Welk / IndieWire:
The Tribeca Festival and OpenAI plan to feature five short films made using OpenAI's text-to-video tool Sora on June 15 — “Nanny” director Nikyatu Jusu is among the five filmmakers who created a film for the festival using the tech. — Post — Short films generated by artificial intelligence …
Discussion:
Bloomberg and The Hollywood Reporter, more at Techmeme »
Michael Hytha / Bloomberg:
LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation — Los Angeles-based Webtoon said in a filing Friday with the US Securities and Exchange Commission that South Korean internet company Naver …
Discussion:
@ca_ecostrategy, US Securities and Exchange Commission, Reuters and The Korea Times, more at Techmeme »
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
Discussion:
Media Play News, @tvgrimreaper, The Information, The Desk, The Streamable and The Media Leader
Diana Falzone / Mediaite:
Eric Bolling, formerly of Sinclair and Fox News and host of Newsmax's 8pm show The Balance, is leaving the network after three years — Eric Bolling has parted ways with Newsmax. — The veteran television host, who helmed the conservative network's 8 p.m. hour with The Balance …
Discussion:
Eric Bolling, @ericbolling, Adweek, Los Angeles Times, The Daily Beast, Deadline and The Wrap
Zheping Huang / Bloomberg:
Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting the divest-or-ban law — - ByteDance halts plan to roll out shopping from Spain to Italy — Company aims to entrench itself in its most lucrative market
Max Tani / Semafor:
Details of CNN's ad packages for its Biden-Trump debate on June 27: a top-tier level with a $1.5M minimum, limits on spending by campaigns and PACs, and more — The Scoop — The Donald Trump-driven boom times are back for the business of American television — at least, for one night in June.
Discussion:
New York Post, Reuters, Adweek and Variety
Financial Times:
Sources: a Paramount special committee approved the sweetened offer from Skydance; Paramount's board, chaired by Shari Redstone, will vote on the deal June 4 — Final decision over Hollywood studio group rests with controlling shareholder Shari Redstone — A special committee …
Discussion:
The Wrap, Wall Street Journal, Wall Street Journal, Reuters, The Desk and Advanced Television
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