Top News:
Taylor Lorenz / Taylor Lorenz's Newsletter:
The Tenet Media case highlights both the lack of transparency in the creator economy and the threat this poses to media integrity — We need to know who is funding the creator economy — Yesterday, a federal indictment revealed that a Tennessee media company working with right-wing …
Discussion:
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Reuters:
YouTube terminates Tenet Media's channel and four channels operated by Tenet owner Lauren Chen — Alphabet's (GOOGL.O) YouTube said on Thursday it was terminating the Tenet Media channel and four channels operated by Tenet owner Lauren Chen, following an indictment from the U.S. Department of Justice.
Discussion:
Engadget, New York Times, Forbes, NewsBytes, @chickenpuppet.bsky.social and Tampa Free Press
Anna Merlan / Mother Jones:
A Tenet Media contributor tweeted that Tenet “has ended”; its X, Instagram, TikTok, and Rumble pages are online but haven't been updated since the indictment — Nothing to see here! — A contributor for Tenet Media announced on Twitter Thursday night that the company has abruptly shuttered …
Discussion:
The Atlantic, NBC News, New Republic, Nextgov/FCW, Reuters, @taylerusa, @annamerlan, @annamerlan, @researchbuzz@researchbuzz … and The Daily Beast
Wired:
An analysis of Tenet Media's videos shows frequent use of terms including “white people”, “Black people”, “civil war”, “Elon Musk”, and “illegal immigrants” — A WIRED analysis shows that right-wing stars like Tim Pool …
Discussion:
@dmehro, Axios, @wired, @katiedrumm@threads.net, @dmehro, New York Post, Washington Post, Fortune, New Republic, Gizmodo, Rolling Stone, Mediaite, HuffPost and The Hollywood Reporter, more at Techmeme »
Will Sommer / Washington Post:
Most of the six members of Tenet's “talent” team claim they did not know the money they were paid allegedly came from Russia; Lauren Southern has not commented
Discussion:
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Christopher Palmeri / Bloomberg:
Sources: Shari Redstone will get $180M in severance and other benefits on top of $350M from the sale of her 20% stake in National Amusements — Shari Redstone, chair of Paramount Global, will get $180 million in severance and other benefits on top of hundreds of millions from the sale …
Discussion:
Quartz, Advanced Television, Financial Times and Reuters
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Christopher Palmeri / Bloomberg:
FCC filing: Larry Ellison will own 77.5% of Paramount Global parent company National Amusements after his son David completes Skydance's Paramount acquisition — Paramount Global, the parent of CBS, will be controlled by software billionaire Larry Ellison after a group led by his son David completes …
Ryan Browne / CNBC:
The UK CMA objects to Google's ad tech practices, and says Google's “self-preferences” on its own ad exchange harms competition, advertisers, and publishers — LONDON — Britain's competition watchdog on Friday issued a statement of objections over Google's ad tech practices …
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A.G. Sulzberger / Washington Post:
US politicians could curtail the free press using tactics common among some foreign leaders, but the press must resist being baited into taking a political side — Some foreign leaders have ruthlessly curtailed journalism. U.S. politicians could draw from their playbook.
Discussion:
Poynter, Dan Gillmor, American Press Institute, New York Times, @taylorlorenz@threads.net, @taylorlorenz@threads.net, Axios, @nxthompson, @froomkin, @scarylawyerguy, @albertemartinez, @maloney4nassau, @robertbalkovich, @robertbalkovich, @jeffjarvis, @jeffjarvis, @robertbalkovich, @jeffjarvis, @bgrueskin, @brucewilson, @brianstelter, @nytimespr, Adweek, @mbrauchli@threads.net, The Hill, Cristina Tardáguila on LinkedIn, Newsbusters, Warwick Sabin on LinkedIn, Anne Applebaum on LinkedIn, Nicholas Thompson on LinkedIn, @davmicrot@threads.net, @tomgara@threads.net, @kevinmkruse@threads.net, Campaign Trails, CNN, Mediaite, @dangillmor@mastodon.social, @KathyLK@universeodon.com, @SohanDsouza@mstdn.social, @mastodonmigration …, Fox News, @edmundlee@threads.net, Media Nation, @brianstelter@threads.net, @dankennedy_nu@journa.host, @jackcarterbenjamin …, @WarnerCrocker@mastodon.social and r/Journalism
Saleah Blancaflor / Adweek:
AdImpact: the NFL kickoff game averaged 48.9M US viewers, up from 40.1M in 2023; YouTube and YouTube TV had 16% of the audience, and other streamers had 34% — The NFL kickoff game on Thursday averaged 48.9 million viewers, according to AdImpact — The Kansas City Chiefs may have won …
Discussion:
USA Today, ESPN and Tv Technology
Cecilia Kang / New York Times:
The judge in the Google monopoly ruling says he'll take until August 2025 to determine remedies in the case and asks the DOJ to propose fixes by the end of 2024 — After ruling against Google last month, Judge Amit P. Mehta said he would take until next August to determine fixes that the company must make.
Jake Lahut / Columbia Journalism Review:
The decline of local news has made it harder for political campaigns to connect to locals and forced them to run on national issues to get cable news attention — At a post-Memorial Day event earlier this year, Elissa Slotkin, one of the nation's top Democratic candidates for US Senate …
Sarah Scire / Nieman Lab:
The INN approved 48% of newsrooms that applied for its membership in 2023, as others failed to meet its standards which include prohibitions on “dark money” — Here's a nugget from the Institute for Nonprofit News that might come up as we creep ever closer to the 2024 elections.
Kaya Yurieff / The Information:
Filing: OnlyFans revenue rose 20% YoY to ~$1.31B for the FY ending November 2023; creator accounts grew 29% YoY to ~4.1M and gross payments reached $6.6B — OnlyFans revenue rose 20% to about $1.31 billion for the fiscal year ending November 2023, compared to the previous year …
Discussion:
Variety, The Guardian, New York Post, Financial Times, Fortune, Forbes, @ballmatthew and @jimwaterson, more at Techmeme »
Jake Kanter / Deadline:
In a financial report, All3Media declares a £90.3M cash injection from RedBird IMI, which bought the British production company for £1.15B in February 2024 — All3Media disclosed the liquidity boost in its first set of earnings since being acquired for £1.15B by RedBird IMI …
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