Top News:


A look at WSJ's rocky reboot under Emma Tucker, who addressed editing bottlenecks and pushed for ambitious stories, while unnerving the newsroom with layoffs — The British-born editor has injected America's business paper of record with ambition and verve, while unnerving the newsroom with unapologetic cuts.
Discussion:
@mlcalderone, @charlottetklein and New York Post


Hunter Biden sues Fox News over its six-part “mock trial” series The Trial of Hunter Biden, alleging the network targeted him to “harass” and “humiliate” him — Hunter Biden filed a lawsuit in New York City against Fox News on Sunday evening …


Redbox's owner, Chicken Soup for the Soul Entertainment, files for bankruptcy protection; Chicken Soup took on $325M in debt when it acquired Redbox in 2022 — Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection overnight.


B2B information and data provider Wilmington sells its UK healthcare business, which includes Health Service Journal, to PE firm Inspirit Franklin for £26M — HSJ has been owned by Wilmington since 2017. — Health Service Journal will move under private equity ownership following a sale by owner Wilmington.


SCOTUS orders lower courts to take another look at Texas' and Florida's social media laws, says neither lower court conducted proper analysis of 1A challenges — Washington — The Supreme Court on Monday ordered lower courts to take another look at a pair of laws from Florida and Texas …
Discussion:
TechCrunch, Reuters, Quartz, CNBC, Engadget, New York Post, Fox News, @crumbler@threads.net, Forbes, @sandeepvaheesan, @daphnehk, @ishapiro, @attorneynora, @pat_hedger, @robpwj, @nicoperrino, @jordanonrecord, @jameeljaffer, @matthewstoller, @steve_vladeck, @jamescz19, @bykatiebuehler, @zephyrteachout, @thomas_a_berry, @anupamchander, @neil_chilson, @jeffjarvis, @tracethelaw, @zephyrteachout, Associated Press, @jess_miers, @aricohn, @robertfreundlaw, @willoremus, Politico, Media Play News, @mjs_dc, @mjs_dc, @sdkstl, @mjs_dc, @joshgerstein and Semafor, more at Techmeme »


Sesame Workshop, the non-profit that produces Sesame Street, names Sherrie Westin as its new CEO, as it plans to “reimagine” Sesame Street starting in fall 2025 — The non-profit that produces ‘Sesame Street’ will have its first female CEO since the show's creator, Joan Ganz Cooney.
Discussion:
Variety


Some Hollywood writers and actors are struggling to meet salary or work requirements to keep their union's health insurance plans, following the 2023 strikes — After the 2023 work stoppages and amid a larger industry contraction, creatives face difficulties meeting minimums to keep their union plans …


BlackRock has agreed to buy Preqin, a UK-based provider of private markets data, for £2.55B in cash — The acquisition deepens BlackRock's ability to oversee risks and analyze data across fast-growing markets for private assets, and also expands its Aladdin technology systems …
Discussion:
Financial Times, Solondais, The Information and Paula Seligson on LinkedIn, more at Techmeme »


The two California bills to help fund local journalism would penalize Google and Meta for news' decline and benefit hedge funds that are destroying newspapers — There is still hope that California's perilous, protectionist legislation for news could be reformed, but not without effort.
Discussion:
@jeffjarvis


Quora-owned AI chatbot platform Poe is providing users with downloadable HTML files of paywalled articles from outlets including NYT, Forbes, and The Atlantic — WIRED was able to download stories from publishers like The New York Times and The Atlantic using Poe's Assistant bot.
Discussion:
MEDIANAMA, @carnage4life, @thekenyeung, @l0uryn, @timmarchman and @steve_e


A reporter who fought a seven-year legal battle to protect sources says Julian Assange's case sets a dangerous precedent that may severely hurt US press freedom — When Julian Assange abruptly found himself back in Australia and freedom this week after reaching a plea deal with the U.S. government …
Discussion:
@denniscearl, @denniscearl, The Guardian, New York Times, @theintercept and South China Morning Post


Arnaud Lagardère returns as French publishing group Lagardère SA chair and CEO, after appealing an April 29 management ban by a court over embezzlement charges — Arnaud Lagardere, who had stepped down from his executive roles of chairman and CEO of the listed French media …
Discussion:
Publishers Weekly, Le Monde.fr, The Bookseller and Deadline