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11:00 AM ET, May 16, 2017

Mediagazer

 Top News: 
Rick Kogan / Chicago Tribune:
Chicago Tribune parent tronc enters into nonbinding letter of intent to acquire Wrapports Holdings, owner of rival Sun-Times; Sun-Times to operate independently  —  Tronc, owner of the Chicago Tribune, has entered into a nonbinding letter of intent to buy the Chicago Sun-Times.
RELATED:
Pamela McClintock / Hollywood Reporter:
Sources: Disney CEO Bob Iger says hackers claiming to have access to an upcoming movie have demanded a ransom; the company is refusing to pay it  —  He says the hackers are demanding a ransom, which the company won't pay.  —  Have real-life pirates taken aim at Disney?
Josh Gerstein / Politico:
Russian oligarch Oleg Deripaska is suing the Associated Press for libel over its reporting on his relationship with Trump's former campaign chairman Manafort  —  A Russian aluminum magnate with ties to President Donald Trump's former campaign chairman, Paul Manafort, is suing The Associated Press …
Marisa Guthrie / Hollywood Reporter:
At ESPN's upfront, President John Skipper defended the network's recent layoffs to advertisers, saying the current environment forces execs to be “realists”  —  “The current environment forces us to be realists as well as optimists,” he assured media buyers at the network's May 16 upfront.
Joe Concha / The Hill:
Ousted Fox News host Bill O'Reilly joining Glenn Beck on his radio show for a weekly slot, every Friday  —  Former Fox News titans Bill O'Reilly and Glenn Beck will be reuniting for a weekly spot on Beck's radio show.  —  “We're going to do that every Friday until Beck gets tired of me,” …
Discussion: Mediaite
Chris Welch / The Verge:
Amazon launches 4K Alexa-powered Fire TVs with voice remote, available for preorder now, starting at $449 for the 43" model, $899 for 65"  —  Amazon's war with Roku enters its next phase  —  Like Roku before it, Amazon is working with TV makers to release smart televisions …
RELATED:
Shalini Ramachandran / Wall Street Journal:
As cord-cutting picks up pace, media companies are competing to make it into skinny bundles, with channels like Nickelodeon and TNT finding themselves left out
Discussion: Light Reading and Fortune
Brian Steinberg / Variety:
ESPN says it's ready to strike deals with advertisers based on live viewing figures across TV, mobile, and digital screens  —  ESPN hopes to score a touchdown in a growing competition: measuring audiences who are watching TV programming in ways other than using a TV.
Committee to Protect Journalists:
Mexican journalist and CPJ awardee Javier Valdez Cárdenas murdered  —  The Mexican prosecutor for crimes against freedom of expression in Mexico should swiftly investigate the murder of Javier Valdez Cárdenas and bring all those responsible to justice, the Committee to Protect Journalists said today.
 
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 More News: 
Juliet Eilperin / Washington Post:
US agencies under Trump have removed or hidden information, including workplace violation and animal welfare data, which was once easily accessible
Sarah Frier / Bloomberg:
Snap pilots ads for world lenses, its AR filters for the rear-facing camera, which sources say cost 30% more than the $300K-$700K promotional lenses
 Earlier Picks: 
Freddy Mayhew / Press Gazette:
UK PM Theresa May says that fake news is a “concern” and that she was a victim of misleading information on social media during her party's leadership campaign