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2:50 PM ET, June 4, 2024

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 Top News: 
Justin Baragona / The Daily Beast:
In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops  —  ANOTHER ONE  —  The sale will keep the tech website's entire staff intact, G/O Media CEO Jim Spanfeller wrote in a company-wide memo obtained by The Daily Beast.
Sara Fischer / Axios:
The WSJ introduced a multimillion-dollar brand advertising campaign on June 3, its first major brand campaign in years, focused on broadening subscriber appeal  —  - This is the Journal's first major brand campaign in years. … - The campaign tagline, “It's Your Business,” is meant to …
CNBC:
Paramount leadership presents a plan that includes job cuts, a potential streaming JV, and divesting non-core assets if a sale of the company doesn't happen  —  The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen.
Emily Baker-White / Forbes:
Sources: TikTok accounts, including brands and celebrities like CNN and Paris Hilton, are getting hacked via a zero-day exploit that only requires opening a DM  —  The compromised accounts include CNN and Paris Hilton — and all users have to do to be hacked is open a DM, according to company sources.
Jennifer Maas / Variety:
WBD increases the price for Max's ad-free version from $15.99 to $16.99 per month and the Ultimate ad-free tier from $19.99 to $20.99 per month  —  Warner Bros. Discovery has increased the price for its ad-free versions of streamer Max just ahead of HBO's “House of the Dragon” Season 2 premiere on June 16.
Rob Rose / Financial Times:
South Africa's MultiChoice recommends that shareholders accept Canal+'s buyout offer that values the company at $2.9B and will remain open until April 2025  —  Takeover of Africa's largest pay-TV operator must overcome regulatory hurdles  —  Africa's largest pay-TV operator, MultiChoice …
Max Tani / @maxwelltani:
Memo: Ben Sherwood says Daily Beast EIC Tracy Connor is leaving; Hugh Dougherty, most recently New York Post's deputy editor, will be the new executive editor  —  NEW: In a note to Daily Beast staff, Ben Sherwood announces that EIC Tracy Connor is leaving. Hugh Dougherty is the publication's new executive editor. [image]
Matt Stieb / New York Magazine:
US prosecutors charge The Epoch Times' CFO Bill Guan with conspiracy to commit money laundering for allegedly moving at least $67M in illegally obtained funds  —  One of the strangest stories in media over the past decade is the Epoch Times, a formerly free newspaper distributed on the streets …
Michael M. Grynbaum / New York Times:
A profile of Robert Winnett, the low-key, scoop-obsessed UK editor who will take charge of WaPo's newsroom this fall after 17 years at The Telegraph  —  Robert Winnett is virtually unknown in the U.S. and keeps a low profile in his native Britain, too.  This fall, he will oversee the newsroom of Woodward and Bernstein.
RELATED:
New York Times:
Source: Will Lewis told Sally Buzbee she could run one of the new WaPo divisions, in what would've been an effective demotion for her; Buzbee chafed at the idea
RELATED:
Tom Warren / The Verge:
Spotify plans to raise US prices: Premium from $10.99 to $11.99 per month, Duo from $14.99 to $16.99, and Family from $16.99 to $19.99, after a July 2023 hike
 
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 Earlier Picks: 
New York Times:
The Monday night shows of Rachel Maddow and Jon Stewart are luring viewers back to basic cable, a sign of the staying power of established TV personalities
 

 
From Techmeme:

Sergiu Gatlan / BleepingComputer:
A global law enforcement operation takes down 593 servers hosting unlicensed versions of Cobalt Strike, a penetration testing tool abused by cybercriminals

Sean Hollister / The Verge:
Evan Blass leaks Samsung's entire spec sheets and marketing materials for the Galaxy Z Fold 6 and Galaxy Z Flip 6, expected at its Unpacked event on July 10

Cade Metz / New York Times:
Sources: in early 2023, a hacker breached OpenAI's internal messaging systems and accessed product details; OpenAI told its staff, but not the public or the FBI

 
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