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5:40 PM ET, May 24, 2021

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 Top News: 
Lindsey Ellefson / The Wrap:
Over 100 AP staff sign a letter saying they “strongly disapprove” with how Emily Wilder's firing was handled and call on AP to update social media policies  —  Over 100 Associated Press employees signed a letter to management Monday saying they “strongly disapprove” …
Wall Street Journal:
Sources: Amazon is nearing a deal to buy MGM Holdings for almost $9B, which could be announced as early as this week  —  Deal for the ‘Rocky’ and ‘James Bond’ studio would mark tech company's second largest-ever acquisition  —  Amazon.com Inc. is nearing a deal to buy the Hollywood studio MGM Holdings …
New York Times:
Nexta Telegram channel founder Roman Protasevich arrested as Belarus, under orders from Lukashenko, sends fighter jet and forces Ryanair flight to land in Minsk  —  The dissident, Roman Protasevich, co-founded a Telegram channel that is a popular opposition outlet in Belarus.
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RELATED:
Matthew Dessem / Slate:
In a Last Week Tonight episode about sponsored content, John Oliver tricked three local US TV stations into airing a promo for a bogus “sexual wellness blanket”  —  The single greatest thing about Last Week Tonight has always been John Oliver's willingness to spend HBO's money …
New York Times:
Sources: in October 2016, shortly before the AT&T-Time Warner acquisition, Disney's Bob Iger called Time Warner CEO Jeff Bewkes about a possible deal  —  What if Time Warner had gotten a fateful phone call earlier in 2016?  —  What could have been  —  After its $100 billion deal …
TIME:
Time says it has 2M paying subscribers across all platforms and is aiming for 10M subscribers by 2030, as it makes changes to editorial leadership structure  —  Time Editor-in-Chief and CEO Edward Felsenthal and Deputy Editor Sam Jacobs sent the following note to staff Monday.  —  Dear all,
Sarah Perez / TechCrunch:
SiriusXM partners with TikTok for a TikTok music channel on SiriusXM, TikTok playlists on Pandora, and re-airings of Pandora LIVE events on TikTok  —  SiriusXM is leaning into TikTok.  The satellite radio company and Pandora parent today announced a partnership with the social video platform …
Jason Gewirtz / CNBC:
CNBC is selling an NFT of a video of Mark Haines calling a bottom in the stock market on March 10, 2009, to honor the anchor on 10th anniversary of his death  —  CNBC launches NFT of the ‘Haines Bottom’ for charity  —  Ten years to the day since our cherished colleague Mark Haines passed away …
Ben Smith / New York Times:
Tension is rising at WNYC amid HR complaints about bullying and a formal complaint to the NLRB about an alleged campaign by the EIC against her internal critics  —  In public radio, there is either an epidemic of bullying or an epidemic of whining, depending on whom you ask.
David McCabe / New York Times:
A new Florida law regulates how Twitter, YouTube, and others moderate speech, with fines for banning candidates; the law exempts companies that own theme parks  —  The new law, a direct response to Facebook and Twitter's suspension of former President Donald J. Trump, affects candidates for statewide offices.
Pew Research Center:
Study: 33% of US papers with Sunday circulations of 50K+ faced layoffs in 2020, vs. 24% in 2019; 18% of the most visited digital-native news sites faced layoffs  —  Staff layoffs continued to pummel the beleaguered U.S. newspaper industry in 2020.  A third of papers with an average Sunday circulation …
 
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 More News: 
Taylor Hatmaker / TechCrunch:
Beacons, which lets creators link out to their personal mobile landing pages from their TikTok or Instagram profiles, raises $6M seed funding led by a16z
Sarah Perez / TechCrunch:
Sensor Tower makes its first acquisition with deal for market intelligence company, Pathmatics, and gets a growth investment from Riverwood Capital
Chance Miller / 9to5Mac:
Apple releases iOS 14.6 with Podcasts Subscriptions, which lets creators offer subscriptions with bonus content such as ad-free and subscriber-only episodes
Alex Cox / The Keyword:
Google debuts News Showcase for the web on desktop, with enhanced Google News story panels from partner outlets, in the eight countries Showcase is available
Zheping Huang / Bloomberg:
Kuaishou, ByteDance's main rival, reports Q1 revenue of $2.65B, up 37% YoY, and a net loss of $8.9B, as it delved deeper into online commerce and advertising
 Earlier Picks: 
BBC:
BBC will review its editorial practices and Martin Bashir's rehiring after a report found it covered up Bashir's “deceitful behaviour” to get a Diana interview
Charlotte Tobitt / Press Gazette:
UK's Reach says it will pay back up to £4M to employees who took a pay cut at the start of the pandemic, after settling with some staff
RTDNA:
Full-time employment in local TV news increased 1.8% YoY to 28,000 in 2020, beating the previous high in 2009
Andi Ortiz / The Wrap:
Former Trump spokesman Jason Miller is ordered to pay Gizmodo Media Group $42K to cover legal fees after a second attempt at suing Gizmodo