Top News:
Lauren Feiner / CNBC:
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval — - Twitter's board accepted billionaire Elon Musk's offer to buy the social media company and take it private, the company confirmed.
Discussion:
@jeffbezos, @waltmossberg, @elonmusk, PR Newswire, @pekingmike, New York Times, @elonmusk, New York Times, Wall Street Journal, Axios, @dwuff, New York Times, Media Matters for America, @btaylor, Northeastern, CNN, TechCrunch, Fast Company, Fox News, @oneunderscore__, @brookesingman, @sarahfrier, @tedcruz, @gabehudson, @davidsacks, @kantrowitz, Outside the Beltway, @rmac18, @jim_jordan, @paraga, @ggreenwald, @sarahjeong, @chrislhayes, NBC10 Philadelphia, @mims, @espiers, @joe_hill, @joannastern, @sarahfrier, @hblodget, @mollyjongfast, @davewiner, @sarahcpr, @benfenton, @byjacobward, @lizweil, Adweek, @evelyndouek, @emanuelmaiberg, @leratomannya, @mgsiegler, @sarafischer, @reuters, @thekenyeung, @artemr, @emilydreyfuss, @zubymusic, Los Angeles Times, @rmac18, @repjayapal, AppleInsider, @mathewi, @dylanreeve, @davidafrench, @ayocaesar, Media Play News, The Hollywood Reporter, @mat, @justinhendrix, @jarak, @mattrosoff, @russellholly, @ericjackson, @aprilaser, @benmekler, @kfury, @kantrowitz, @buzz, @bplewis, TechCrunch, @michaelsteele, @tomgara, @jamesrbuk, @taylorlorenz, @caseynewton, @tressiemcphd, @repjimbanks, @obrien, Memex 1.1, @alexkoppelman, @daveleeft, @anthony, @alexhanna, @repbonnie, @ericjackson, @mgsiegler, Making It All Click, @davidaxelrod, @mikeisaac, @loganbartlett, @film_girl, @danprimack, @kurtwagner8, @danprimack, @tomgara, @djrothkopf, @sriramk, PlausibleFoolishness's …, @alkapdc, @manan, @tomcoates, @dcurtis, @atrupar, @tcarmody, @ggreenwald, @robaeprice, @mathewi, @alexhern, @mikedrucker, @taylorlorenz, @wajahatali, Financial Times, The PhilaVerse and The Nibble Gang Newsletter, more at Techmeme »
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Brooke Singman / Fox News:
Trump says that, regardless of Elon Musk's Twitter purchase, “I am not going on Twitter, I am going to stay on Truth”, whose stock closed down 12.9% on Monday — Trump said a Musk Twitter takeover would be a positive development, but he will stay with his own platform
Discussion:
Politico, The Wrap, New York Times, Washington Post, MediaPost, CNBC, The Atlantic, USA Today, CNN, New York Post, Insider, CBS News, Music Ally, The Hill, The Verge, Bloomberg, Columbia Journalism Review, Rounding the Earth Newsletter, MarketWatch, Tech Policy Press, San Francisco Chronicle, Quartz, Terms of Service …, Los Angeles Times, TechCrunch, Gizmodo, @maggienyt, TVLine, MarTech, @froomkin, Mediaite, Reason, The US Sun, Breitbart, Vox, CNBC, Al Jazeera, Rolling Stone, @fredbenenson, Newser, @drewharwell, CNET, @alexplitsas, @tcarmody, Deadline, ScreenRant, @palafo, The Verge, @frankluntz, @sykescharlie, @obrien, Variety, Defending Privacy and Reuters, more at Techmeme »
Javier Espinoza / Financial Times:
EU internal market commissioner Thierry Breton warns Elon Musk that Twitter must follow the new Digital Services Act rules or face fines and even a ban — EU commissioner Thierry Breton tells Tesla chief executive: ‘Elon, there are rules’ — Brussels has warned Elon Musk that Twitter must comply …
Discussion:
The Guardian, @biannagolodryga, Outside the Beltway and New York Times, more at Techmeme »
The Verge:
Elon Musk says he wants to improve Twitter by “making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans” — Elon Musk will buy Twitter for $45.5 billion — Twitter has accepted Elon Musk's offer to purchase the company for $45.5 billion …
Discussion:
@mattyglesias, New York Times, Washington Post, BBC, The Atlantic, Politico, NPR, One Man & His Blog, Substack, The Dossier, @bridgetmarie, @business, @thebrianpark, @liquidhbox, @johniadarola, The Comeback, @lesliemac, New Jersey Online, Today in Tabs, Hmm That's Interesting and Common Dreams, more at Techmeme »
Alex Sherman / CNBC:
Sources: rival strategies for CNN+, combined with unexpected events like Jeff Zucker's resignation and the Discovery merger, fueled the service's rapid demise — Chris Licht wasn't supposed to start his new job as CNN's chief until May. — But on Thursday he found himself addressing …
Discussion:
New York Times, @sherman4949, The Rebooting, @esotericcd, What's New in Publishing, New York Post, FTVLive, @margarita, @gabrielroth, @lindsaygoldwert, @mccarthyryanj, @jaspar, @dangillmor, @realityblurred, @vivian, @pilhofer, @brianbrackeen, @sherman4949, @bgrueskin, @ggreenwald, @niemanlab, @niemanlab, @cnbci, @_richardhall, @jonlemire, @thrasherxy, @kromandavid, @nytimes, @teflongeek and @benmullin
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Dade Hayes / Deadline:
Lionsgate and Roku strike a deal under which the studio's films will have exclusive runs on the free, ad-supported Roku Channel after they play on Starz — Lionsgate and Roku have struck a deal giving the studio's feature films an exclusive streaming run on the free, ad-supported Roku Channel after they play on Starz.
Discussion:
Variety, The Streamable, Next TV, Media Play News and Hollywood Reporter
Helen Davidson / The Guardian:
Hong Kong's Foreign Correspondents' Club scraps the Human Rights Press Awards days before its plan to announce the winners, citing national security law fears — Foreign Correspondent's Club's decision sparks outrage from journalists and resignations from press freedom committee
Discussion:
Reuters, @hkliberty_team, @suzannenossel, @danstrumpf, Financial Times, Financial Times and Financial Times
Charlotte Tobitt / Press Gazette:
Journalists from The Guardian, FT, and Daily Mirror were excluded from the UK Home Secretary's trip to Rwanda, where she signed a controversial immigration deal — Journalists from the Guardian, Financial Times and Mirror were allegedly blocked from joining Home Secretary Priti Patel's trip to Rwanda this month.
Tim Peterson / Digiday:
Roku partners with Analytic Partners, Ipsos, IRI, and Nielsen to provide more ad data for marketing mix modeling and help it better compete with traditional TV — To catalyze the shift of TV ad dollars to streaming will require not only proof of streaming's performance but evidence of what makes it perform.
Todd Spangler / Variety:
Toni Reid joins YouTube as VP of product management to oversee Shorts, Gaming, livestreaming, and community products, after 24 years at Amazon — Toni Reid, after 24 years at Amazon, is joining YouTube as VP of product management to lead the video platform's Emerging Experiences and Community team.
Discussion:
AdExchanger and Tubefilter
Lucas Shaw / Bloomberg:
Sources: Netflix staff morale is down amid its declining stock price, subscriber losses, and an engineering restructuring to create “junior” and “senior” levels — As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.
Discussion:
@baekdal, @michellemanafy, @carnage4life, @techwontsaveus, @bigmeaninternet, @tcarmody, @lucas_shaw, @lucas_shaw and @gergelyorosz
Benjamin Mullin / New York Times:
Kevin Hart's media company HartBeat, which has deals with Peacock and Netflix, raises $100M from PE firm Abry Partners, sources say at a $650M valuation — The deal with Abry Partners is the latest example of private equity's pushing into Hollywood to cash in on the demand for streaming shows.
Discussion:
The Wrap, Variety, Deadline, @benmullin and The Hollywood Reporter
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