Top News:
David Folkenflik / NPR:
NPR's EIC and acting chief content officer, Edith Chapin, is stepping down later this year and says her choice wasn't driven by Congress' rescission of funding — NPR's editor in chief and acting chief content officer Edith Chapin told colleagues Tuesday morning that she has decided to step down.
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The Guardian, Deadline, Talking Biz News, TPR, Washington Post, MediaPost, New York Times, Barrett Media, @flingjore.com, The Wrap, Inside Radio, Axios, New York Daily News, Radio Ink, Daily Mail, Le Monde, The Washington Free Beacon, The Post Millennial, Washington Examiner, Newser, New York Sun, @davidfolkenflik.bsky.social, Reuters, NewsMax.com, New York Post, RADIO ONLINE, The Gateway Pundit, UPI, IJR, The Hill, Breitbart, @benmullin.bsky.social, Townhall, Fox News, @barbisblue.bsky.social, Tim Franklin on LinkedIn and Daily Kos
Sara Fischer / Axios:
Memo: WaPo pivots WP Ventures, its “third newsroom”, to a more commercial venture, placing it under CSO Suzi Watford and separating it from the core news brand — The Washington Post on Tuesday announced sweeping changes to its “third newsroom,” called WP Ventures …
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@sarafischer and The Independent
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Ben Mullin / @benmullin:
Memo: The Washington Post's Matt Murray says Krissah Thompson, head of WP Ventures, the paper's “third newsroom”, will leave the company at the end of the month — Washington Post executive editor Matt Murray says WP Ventures head Krissah Thompson is leaving The Washington Post [image]
Discussion:
@wabjdc
Lesley Goldberg / The Ankler:
Sources: CBS decided to end The Late Show on June 27, before the 60 Minutes settlement, but Colbert's agent only informed him after he taped the July 16 episode — SCOOP: James Dixon waited two weeks to tell his star and more new details about who knew what and when, and what comes next
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The Daily Show on YouTube, YouTube, LateNighter, Entertainment Weekly, @theankler, Breitbart, @snoodit.bsky.social, twitchy.com, The A.V. Club, MSNBC and Suggest
Samuel Stolton / Bloomberg:
The EU opens a full-scale investigation into UMG's $775M acquisition of Downtown Music over concerns the deal could negatively impact competition in the market — Universal Music Group's $775 million bid for Downtown Music Holdings faces a full-scale investigation by European Union watchdogs …
Discussion:
Reuters, Financial Times, Digital Music News, Billboard, The Hollywood Reporter, MarketWatch, Wall Street Journal and Politico
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Ethan Millman / The Hollywood Reporter:
UMG has partnered with IP asset management company Liquidax Capital to “accelerate the development of UMG's music-related AI patents”, already filing 15 — UMG said it's filed for 15 patents through the partnership already, including one related to AI threat protection.
Discussion:
Digital Music News, Betsy Proctor on LinkedIn, Billboard, Reuters and Bloomberg, more at Techmeme »
Joe Flint / Wall Street Journal:
Trump says he anticipates receiving $20M in ads and PSAs from Skydance, bringing the cost of the 60 Minutes settlement to $36M — President posts on social media that he will receive more than the already agreed to $16 million payment — President Trump said that he anticipates receiving advertising …
Nick Spicer / NPR:
Agence France-Presse calls on the Israeli government to allow its freelance journalists to leave the Gaza Strip because of a worsening hunger crisis there — French news agency Agence France-Presse is calling on the Israeli government to allow its freelance journalists to leave the Gaza Strip …
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Al Jazeera, The Guardian, Euronews, Agence France-Presse, Associated Press, The Handbasket, @france24_en, @julienhoez, @dannyctkemp, La SDJ de l'AFP on X, @orlaguerin, @macaesbruno, @rnaudbertrand, Reuters, @afp, Reuters, @erinoverbey, Politico, National Union of Journalists …, Politico, The Indian Express, Reuters Institute, RTÉ and Committee to Protect …
Jessica Testa / New York Times:
Joe Budden Network CEO Ian Schwartzman says the podcast network is on pace to generate $20M+ in 2025, after Joe Budden accidentally showed his Patreon earnings — Joe Budden, a former rapper who now oversees a robust podcast network, gave a rare look into the finances of the industry.
Discussion:
Digital Music News, Entrepreneur, @simonowens, Essence and POCIT
Mike Scarcella / Reuters:
A full US Court of Appeals keeps in place a June 6 decision that let Trump bar the AP from the Oval Office; a Supreme Court appeal is possible — A U.S. appeals court on Tuesday declined to lift restrictions imposed by President Donald Trump's administration on White House access …
Discussion:
Associated Press, Bloomberg, New York Times, NewsMax.com and The Hill
Financial Times:
Sources: Bari Weiss is seeking a valuation of between $200M and $250M for The Free Press amid talks with Skydance CEO David Ellison over a potential sale — ‘Anti-woke’ journalist holds talks with incoming CBS owner David Ellison over sale of new media venture
Variety:
Patrick Soon-Shiong says the LA Times will go public “over the next year” and it is now “working through with an organization” to put a plan together — The Los Angeles Times will become a publicly traded company, its billionaire owner Patrick Soon-Shiong announced on “The Daily Show.”
Discussion:
CNN, The Daily Show on YouTube, The Hollywood Reporter, Los Angeles Times, Reuters, New York Times, @oliverdarcy.bsky.social, The Wrap, IJR, Associated Press, FOX 11 Los Angeles, HuffPost, Fox Business, @harrymccracken.com, @status.news, @oliverdarcy.bsky.social, Adweek, TheDesk.net, @lucas_shaw, @kerrymflynn, MediaPost, @farhip, @mattbelloni, Proactive, Benzinga, Reuters, Axios, Business Insider, @kennysmith.bsky.social, Deadline and Bloomberg
