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2:40 AM ET, June 25, 2024

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 Top News: 
New York Times:
RELATED:
Washington Post:
WaPo and The News Movement, in which Will Lewis holds a stake, agreed in recent months to pursue brand partnerships; TNM made two major pitches involving WaPo
Dave Collins / Associated Press:
A US bankruptcy court trustee discloses plans to shut down Infowars and liquidate its assets to help pay the $1.5B in lawsuit judgments that Alex Jones owes  —  A U.S. bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones' Infowars media platform and liquidate …
Lucas Shaw / Bloomberg:
Sources: BuzzFeed is struggling to sell Hot Ones owner First We Feast, which is profitable and has ~$30M revenue per year; interested parties balk at $70M price  —  - Several parties are interested but balk at $70 million price  — Proceeds of about $50 million would help company pay off debt
RELATED:
Dan Primack / Axios:
Filing: Vivek Ramaswamy's BuzzFeed stake grew to 8.9%; sources: Ramaswamy recently met Jonah Peretti and wants Patrick Bet-David and two others on the board  —  - Ramaswamy has continued to increase his stake, this morning disclosing that it's risen to 8.9%.
Todd Spangler / Variety:
MTV appears to have fully pulled down MTV News website, scrubbing two decades' worth of content from its archives; Paramount Global shut down MTV News in 2023  —  Some two decades' worth of content published on MTVNews.com is no longer available after MTV appears to have fully pulled down the site.
Mia Sato / The Verge:
The RIAA files two copyright-infringement cases against the AI music services Suno and Udio; Udio was used to create the viral song BBL Drizzy  —  A group of record labels including the big three — Universal Music Group (UMG), Sony Music Entertainment, and Warner Records …
Todd Spangler / Variety:
Prices of ad-free Paramount+ With Showtime plan will rise by $1 to $12.99/month, and of Paramount+ Essential plan with ads by $2 to $7.99, starting August 20  —  As Paramount Global looks to push its streaming business into the black, it's hiking the prices for most Paramount+ plans later this summer.
Michael M. Grynbaum / New York Times:
CNN is in charge of every aspect of Thursday's Biden-Trump debate, a major shift from previous years; rival channels will leave CNN's on-air watermark untouched  —  One network is in charge of every aspect of the Biden-Trump debate, a major shift from previous years.  Tens of millions of viewers are expected to be watching.
RELATED:
Jesse Whittock / Deadline:
Sony Pictures Networks India names Disney+ Hotstar content chief Gaurav Banerjee as its new Managing Director and CEO  —  Sony Pictures Networks India has named Disney+ Hotstar content chief Gaurav Banerjee as its new Managing Director and CEO.  —  He'll replace N.P. Singh …
Discussion: Variety and WORLD SCREEN
New York Times:
Interviews with ~12 media executives, such as Brian Roberts, John Malone, Barry Diller, and Ted Sarandos, about the future of streaming, bundling, ads, and more  —  Who will survive?  Die?  Thrive?  And how?  We talked to nearly a dozen top media executives and asked them to predict what lies ahead.
NBC News:
Court docs: Julian Assange plans to plead guilty as part of a plea deal with the US, allowing him to go free after spending five years in a British prison  —  The WikiLeaks founder has been held in a prison outside London for the last five years and fought extradition to the United States.
Scott Feinberg / The Hollywood Reporter:
The Academy of Motion Picture Arts and Sciences reaches a deal with CEO Bill Kramer to remain through July 2028; his contract was not up for renewal until 2025  —  Kramer, who has served as the organization's CEO since June 2022, was not up for renewal until 2025, but the Academy sought to extend his deal …
Christina Couch / Nieman Lab:
Freelance writers, media producers, others sue the Department of Labor over new guidance for classifying independent contractors, saying it creates uncertainty  —  “Ultimately, what we're fighting for is the right to freelance.”  —  A new rule issued by the Department of Labor earlier …
 
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 More News: 
Josef Adalian / Vulture:
Q&A with Don Klees, Acorn TV SVP of programming, and Courtney Thomasma, AMC Networks EVP of streaming, on Acorn TV's success, FAST channel potential, and more
Janko Roettgers / The Verge:
An interview with Netflix's senior encoding technology director Anne Aaron about the company's cutting-edge codecs, preparing for livestreaming, and more
 Earlier Picks: 
Anna Washenko / Ars Technica:
A history of text games and interactive fiction, from Infocom to 80 Days, and the roles of MUDs, Usenet, and open source in the 50 years of interactive fiction
Ashley Belanger / Ars Technica:
How the Internet Archive plans to defend its digital lending practices as it appeals a US court's 2023 ruling; IA says it was forced to remove over 500K books
Financial Times:
Sources detail growing tensions between Elon Musk and Linda Yaccarino, stemming from her struggle to steady X's financial health a year after being named CEO
Youssef Taha / BBC:
Iran's Supreme Court has overturned Iranian rapper Toomaj Salehi's death sentence for supporting anti-government protests and ordered a retrial, his lawyer says