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4:50 PM ET, April 3, 2018

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 Top News: 
Olivia Nuzzi / New York Magazine:
David Smith, the executive chairman of Sinclair Broadcast Group, said print media has no credibility and no relevance  —  David Smith, the executive chairman of Sinclair Broadcast Group, said he dislikes and fundamentally distrusts the print media, which he believes “serves no real purpose.”
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Keach Hagey / Wall Street Journal:
Sumner Redstone will not have final say on potential CBS-Viacom merger as he has only one vote on National Amusements, the holding company owning voting stakes  —  The 94-year-old media mogul would be one vote among seven National Amusements board members  —  Sumner Redstone …
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Cynthia Littleton / Variety:
Sources: CBS has formally submitted a bid for Viacom, valuing the company around $12.3B and proposing Moonves as chairman-CEO and CBS's Joe Ianniello as COO
Discussion: Hollywood Reporter
Gabriel Sherman / Vanity Fair:
Sources: Trump wants USPS to increase Amazon's shipping costs as advisers encourage the president to cancel Amazon's cloud computing contract with the Pentagon  —  With the West Wing finally calm, Trump is contemplating a multi-front campaign against Jeff Bezos.
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Sydney Ember / New York Times:
Washington Post's Martin Baron refutes Trump's claims that the Post acts as a lobbyist for Amazon as Trump conflates the two, which have different leadership  —  Amazon does not own The Washington Post.  President Trump, however — impervious to certain facts and armed with a Twitter account …
KRON:
Police are responding to multiple 911 calls from YouTube HQ in San Bruno about a possible active shooter  —  SAN BRUNO (KRON) - KRON4 is hearing reports of an active shooter at YouTube's headquarters in San Bruno.  —  The City Manager says they've received multiple 9-1-1 calls from YouTube …
Mark Sweney / The Guardian:
Disney has expressed an interest in acquiring Sky News, whether or not its acquisition of 21st Century Fox proceeds, as UK regulator scrutinizes Fox's bid  —  Move aims to allay media plurality fears over 21st Century Fox's takeover of British broadcaster
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 More News: 
CNBC:
Sources: Snap in advanced talks to open office in Saudi Arabia; source: content deal with MiSK Foundation is in works to teach Saudi youth how to use Snapchat
Media Matters for America:
Kevin Williamson's media appearances over a decade: he said Laverne Cox is not a woman, said he supported torture, and called Mexican immigrants “peasants”
Maane Khatchatourian / Variety:
Film and TV veteran Catherine Tait named president and CEO of CBC/Radio-Canada, becoming the first woman in the role
 Earlier Picks: 
Chris Roush / Talking Biz News:
Quartz reporter David Yanofsky, lawyers from Reporters Committee for Freedom of Press win FOIA lawsuit against US Department of Commerce for immigration data
Discussion: Quartz