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11:55 AM ET, May 3, 2021


 Top News: 
Steve Kovach / CNBC:
Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo”  —  - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.
Oliver Darcy / CNN:
WaPo, NYT, and NBC News issue significant corrections, retracting earlier reporting that said Giuliani and OAN had been warned by the FBI about Russian disinfo  —  New York (CNN Business)The Washington Post, The New York Times, and NBC News on Saturday issued significant corrections …
Bente Birkeland / Colorado Public Radio:
Newsmax settles with a Dominion Voting Systems staffer after airing false claims of voting machine manipulation, issuing an apology; the staffer dropped suit  —  The far-right media outlet Newsmax, which amplified former President Trump's false allegations of election rigging and widespread voter fraud …
Cynthia Littleton / Variety:
Gray Television says it will acquire Meredith's local media group for $2.7B in cash; Meredith's National Media Group will be spun out as a standalone company  —  Atlanta-based Gray Television has reached a deal with Meredith Corp. to acquire 17 TV stations for $2.7 billion.
Margaret Sullivan / Washington Post:
As big Sunday news shows continue to invite Republicans who tried to overturn the election, some local outlets regularly remind their audience during news items  —  The journalists at WITF, an all-news public radio station in Harrisburg, Pa., made a perfectly reasonable decision a few months ago.
Sara Fischer / Axios:
Twitter to launch ad campaign to promote local journalism, starting with 28 full-page ads in local papers across the Gannett/USA Today and McClatchy networks  —  Twitter on Monday will launch a major advertising and social media campaign urging people to follow local journalists and support their work.
Dade Hayes / Deadline:
Fox's free streaming service Tubi says it will launch 140 hours of original programming in the fall, and its total view time in Q1 grew by 54% YoY  —  Tubi, Fox Corp.'s free, ad-supported streaming service, will enter the original programming arena this fall.
A look at compensation for CEOs and key decision-makers at Comcast, Disney, Netflix, Fox, and AT&T in 2020, after splashy announcements of pandemic pay cuts  —  Do media barons believe in shared sacrifice?  When the COVID-19 pandemic hit in 2020, several CEOs made headlines …
Discussion: @variety, @variety, @variety and Digiday
Megan Graham / CNBC:
Roku's ad sales boss Alison Levin on how the company steered through the pandemic, seeing mass cancellations at first but then rebounding with a record quarter  —  - Roku saw a massive hit with cancellations in March at the beginning of the pandemic, letting businesses out of deals as they saw fit.
Joel Simon / Columbia Journalism Review:
Of the 60+ journalists CPJ and RSF helped evacuate from Daraa, Syria, only ~6 remain in journalism, including 4 who started Spain's first refugee-run news site  —  Two years after fleeing their homes in Syra and resettling in Spain, four exiled journalists recently launched the country's …
Danielle Kilgo / Columbia Journalism Review:
Analysis of BLM news coverage demonstrates the “protest paradigm”, where protesters' grievances are delegitimized by a press that favors spectacle and conflict  —  In 2018, Sacramento police shot and killed Stephon Clark, a twenty-two-year-old father of two, in his grandmother's backyard.
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 More News: 
Charlotte Tobitt / Press Gazette:
UK publishers and broadcasters, including Sun, Guardian, and Sky Sports, join four-day social media boycott led by English football to protest online racism
Cathy Burke / New York Daily News:
Workers at the New York Daily News voted on Friday to join The NewsGuild of New York in an election verified by the NLRB with a vote of 55-3
Keith J. Kelly / New York Post:
WNYC lays off 14 staff members, including Gothamist EIC, saying a 27% plunge in sponsorship funding during the pandemic had left it with “a sizeable deficit”
Dorany Pineda / Los Angeles Times:
Joshua Wolf Shenk resigns as EIC of The Believer magazine and from Black Mountain Institute posts, saying he made a dumb choice about attire for a Zoom meeting
Amanda Meade / The Guardian:
In Australia, 20+ News Corp regional newspaper sites have been merged with city papers, putting local papers' content behind a paywall on the metro paper's site
The Intercept:
The Intercept says it stands behind reporter Mara Hvistendahl and her reporting on Oracle's ties with China, and condemns “bullying” by Oracle EVP Ken Glueck
 Earlier Picks: 
Max Seddon / Financial Times:
Russia designating Meduza as a foreign agent may spell the end of independent journalism in the country; its editor says new restrictions may force it to close
Chris Welch / The Verge:
Roku has removed YouTube TV from its channel store after Roku and Google failed to come to a distribution agreement; existing users will continue to have access
Todd Spangler / Variety:
Nine ViacomCBS networks, including Comedy Central and MTV, are now available on Hulu + Live TV, four years after Hulu launched the service
David Pierce / Protocol:
ByteDance announces that its CFO Shouzi Chew will now also become the CEO of TikTok; TikTok's interim CEO Vanessa Pappas will be TikTok's COO
Sam Schechner / Wall Street Journal:
EU charges Apple with antitrust violations, alleging it squeezed rival music streaming apps by requiring them to use Apple's in-app payments system

From Techmeme:

Kim Zetter / Wired:
AT&T appears to have paid a member of ShinyHunters $370K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of its customers

Lauren Thomas / Wall Street Journal:
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B; Wiz raised $1B at a $12B valuation in May 2024

Wes Davis / The Verge:
Apple approves the first PC emulator for iOS, UTM SE, weeks after initially rejecting and barring it from being notarized for third-party app stores in the EU

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