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1:05 PM ET, May 9, 2018


 Top News: 
Jon Street / Mediaite:
Conservative media icon Matt Drudge said he feared the President's “crusade on ‘fake news’” would lead to “all reporters” requiring licenses to work  —  Conservative firebrand Matt Drudge says he fears that President Donald Trump's frequent attacks …
Jim Waterson / The Guardian:
Google bans all adverts related to Irish abortion referendum on its platforms, following a similar move by Facebook  —  Was this helpful?  —  Thank you for your feedback.  —  The decision will mean an end to advertisements relating to the referendum appearing alongside Google results …
Amid its Time Warner merger, AT&T confirms it paid Trump's personal lawyer Michael Cohen for “insights” on administration in 2017  —  AT&T confirmed Tuesday evening that it paid President Trump's personal lawyer Michael Cohen in 2017 for “insights into understanding the new administration.”
Georg Szalai / Hollywood Reporter:
21st Century Fox has struck a deal to acquire seven TV stations from Sinclair Broadcast Group for $910M, in key NFL markets, like Denver, Miami, and Seattle  —  The news of the purchase of stations in key NFL markets, such as Denver, Miami and Seattle, comes after Fox's $52.4 billion December mega-deal …
Brian Steinberg / Variety:
NBCUniversal releases internal report on Matt Lauer probe, says “Today” managers had no prior knowledge of inappropriate conduct  —  NBCUniversal said managers at its venerable “Today” show and at NBC News had no knowledge of inappropriate behavior by star anchor Matt Lauer prior …
Wall Street Journal:
Sources: James Murdoch, mentioned as possibly taking a senior position at Disney after it buys 21st Century Fox, plans to strike out on his own if deal closes  —  21st Century Fox CEO had been mentioned as possibly taking senior position at Disney; plans possible venture-capital fund
The Guardian:
Olivera Lakić, an investigative reporter in Montenegro, has been shot and injured in an attack, prompting calls for the EU and US to protect journalists  —  Olivera Laki wounded outside her home in the country's second attack on a journalist in a month
Ben Schreckinger / Politico:
Sources: the Qatari government has sought to acquire a major stake in Newsmax, the conservative media company run by President Donald Trump's friend Chris Ruddy  —  The Persian Gulf state, owner of Al Jazeera, has sought to invest in the conservative news outlet with ties to Trump.
Discussion: Slate
Lonely Planet CEO Daniel Houghton is leaving for another role; source says parent company NC2 is pursuing a sale five years after purchasing it from the BBC  —  Lonely Planet has weathered the death of the guidebook better than any of its peers, and its new leader will need to figure …
A breakdown of pay packages of media execs in 2017 including Moonves, who was compensated $69.3M, Bewkes, who received $49M, and Zaslav, who got $42.2M  —  It's good to be the king, Mel Brooks famously joked in “History of the World: Part 1.”  —  When it comes to the entertainment business, he was especially right.
Discussion: @brentalang and Ad Age
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 More News: 
Michael Calderone / Politico:
Business Insider has named Matt Turner its new executive editor and editor in chief of Business Insider US
Discussion: @nichcarlson
Stu Woo / Wall Street Journal:
Vodafone to buy some of cable giant Liberty Global's European assets, including operations in Germany, Hungary, Romania, and Czech Republic, for €18.4B
Kurt Badenhausen / Forbes:
The NBA and Intel announce plans to jointly evaluate tech startups for investment and collaboration, seeking to “create a new immersive media world”
Thomas Gorton / Dazed:
Q&A: Richard Turley, Mia Kerin, and Lucas Mascatello on their newly launched NYC-focused magazine Civilization, a focus on text, and a diarist approach to news
Christine Wang / CNBC:
Disney beats with Q2 revenue of $14.55B vs. $14.11B expected; all divisions beat except for consumer and interactive, which earned $1.08B vs. $1.14B expected
 Earlier Picks: 
Jason Guerrasio / Business Insider:
SEC filing: MoviePass parent Helios and Matheson Analytics had $43.4M on hand on April 30, average cash deficit of $21.7M/month since Sept.; stock down over 30%
Brian Steinberg / Variety:
Vox Media used Recode Editor Kara Swisher for a sponsored audio ad for HBO's Silicon Valley series, heard on some of Vox's podcasts, including Recode's