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10:35 AM ET, April 6, 2021

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 Top News: 
Wall Street Journal:
Sources: Stewart Bainum and Hansjörg Wyss say they can personally contribute $600M+ total toward their $680M bid, up from $200M, as Alden's bid loses favor  —  Tribune likely to deem new bid superior to agreement with Alden, according to sources  —  A Maryland hotel magnate …
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Katie Robertson / New York Times:
Tribune says it has begun discussions about a sale to Bainum and Wyss' company Newslight, but won't terminate the Alden merger agreement for now  —  Two months after agreeing to sell itself to Alden Global Capital, a New York hedge fund, the company behind The Chicago Tribune and The Baltimore Sun may shift course.
Washington Post:
How a campaign by reporters in Baltimore inspired a national effort to keep nearly a dozen Tribune newspapers from being bought by Alden Global Capital  —  Last year, as a group of Baltimore Sun reporters embarked on long-shot endeavor to find a new owner that could save their paper …
Shawna Chen / Axios:
SCOTUS vacates a lower court ruling that Trump's Twitter blocks violate the First Amendment  —  The Supreme Court vacated a lower court ruling that found former President Trump violated the First Amendment by blocking followers on Twitter, ordering the case to be dismissed as moot now that he is no longer in office.
Brandy Zadrozny / NBC News:
A look at The News Alerts of Beaver County, a 43,000-member Facebook Group in PA that fills the local news void but often hosts exaggerations and falsehoods  —  The day after Thanksgiving 2019, residents of Chippewa Township, Pennsylvania, watched from their windows as state …
Meredith Conroy / FiveThirtyEight:
How distrust of the news media became a point of political identity among Republicans and a basis for Americans to sort themselves into political tribes  —  There's little question that the media is one of the least trusted institutions in Republican circles.
Alexandra Bruell / Wall Street Journal:
eMarketer says that Amazon's share of the US digital ad market grew to 10.3% in 2020 from 7.8% in 2019 and estimates that revenue grew to $15.73B, up 52.5% YoY  —  Company chips away at market leader Google as its search ad business continues to grow  —  Amazon. com Inc.'s share …
Discussion: MediaPost
Todd Spangler / Variety:
Audible hires Zola Mashariki, former senior exec at Fox Searchlight and BET, to oversee original content as the new head of Audible Studios  —  Zola Mashariki, former senior exec at Fox Searchlight and BET, is the new head of Audible Studios.  —  In the role at the Amazon-owned audio content platform …
Lucas Shaw / Bloomberg:
As the pandemic drags on, new shows are harder to come by for streaming services; report: the number of originals Netflix released so far in '21 is down 12% YoY  —  Streaming Services Have Finally Run Out of New Shows.  Kind of.  —  Every couple weeks during the pandemic …
Jill Goldsmith / Deadline:
ViacomCBS Networks International to acquire Chilevisión from WarnerMedia, expanding its Latin America footprint and Spanish content library  —  ViacomCBS Networks International has agreed to acquire Chilevisión from AT&T's WarnerMedia for an undisclosed sum, expanding its footprint in Latin America.
Tim Peterson / Digiday:
Sources: Roku has been pitching ad agencies to sponsor Roku Recommends, 5-7 minute videos promoting programming available across its connected TV platform  —  Roku is preparing to debut a new promotional product that has not only piqued advertisers' interest but will also likely please streaming services.
 
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 More News: 
KC Ifeanyi / Fast Company:
Inside BritBox's US strategy: embracing the true crime genre, creating ancillary content for legacy shows, and introducing new audiences to British comedy
 Earlier Picks: 
Katie Robertson / New York Times:
NYT names Jim Dao, a deputy editor on the national desk, as its new Metro editor; Dao has worked in a wide range of roles at the paper since 1992
Faith Blackinton / CNBC:
Recent major song catalog acquisitions, like Paul Simon's and Bob Dylan's, are fueled by low interest rates, rise of streaming, and estate planning by artists
Sarah Ellison / Washington Post:
How Condé Nast's rushed push for diversity, alongside Anna Wintour's hazy understanding of Teen Vogue, left its staff blindsided after the McCammond hiring mess
Ben Smith / New York Times:
Profile of Viet Dinh, Fox's chief legal officer, who has been seen internally as the company's power center since before Lachlan Murdoch moved to Australia
New York Times:
Profile of Bill Hwang, who led Archegos Capital Management to being the top shareholder in ViacomCBS, behind ~$20B in shares before the price halved in a week