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1:50 PM ET, April 26, 2022

Mediagazer

 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, @pekingmike, @elonmusk, PR Newswire, @elonmusk, Reuters, New York Times, Wall Street Journal, @dwuff, Axios, New York Times, Media Matters for America, @btaylor, Bloomberg, Fox News, Freddie deBoer, @oneunderscore__, TechCrunch, @brookesingman, CNN, New York Times, The Guardian, @sarahfrier, @tedcruz, @gabehudson, @davidsacks, @kantrowitz, The Atlantic, @rmac18, @jim_jordan, @paraga, @ggreenwald, @sarahjeong, @chrislhayes, @mims, @espiers, @joe_hill, @joannastern, @sarahfrier, @hblodget, @davewiner, @sarahcpr, @benfenton, @byjacobward, @lizweil, @evelyndouek, @emanuelmaiberg, @leratomannya, @mgsiegler, @sarafischer, @reuters, @thekenyeung, @artemr, @emilydreyfuss, @zubymusic, Los Angeles Times, @rmac18, @repjayapal, @mathewi, @dylanreeve, @davidafrench, @ayocaesar, Media Play News, @mat, @justinhendrix, @jarak, @mattrosoff, @russellholly, @ericjackson, @aprilaser, @benmekler, @kfury, @kantrowitz, @buzz, @bplewis, @michaelsteele, @tomgara, @jamesrbuk, @taylorlorenz, @caseynewton, @tressiemcphd, @repjimbanks, @obrien, Memex 1.1, @alexkoppelman, @daveleeft, @anthony, @alexhanna, @repbonnie, Breitbart, @ericjackson, @mgsiegler, Making It All Click, @davidaxelrod, Outside the Beltway, @mikeisaac, @loganbartlett, @film_girl, @danprimack, @kurtwagner8, @danprimack, @tomgara, @djrothkopf, @sriramk, @alkapdc, @manan, @tomcoates, @dcurtis, @atrupar, @tcarmody, @ggreenwald, @robaeprice, @mathewi, @alexhern, @mikedrucker, @wajahatali, Adweek, Fast Company, WWD, CowboyRadio Feed, PlausibleFoolishness's …, @mollyjongfast, @taylorlorenz, BetaNews, The Hollywood Reporter, AppleInsider, Financial Times, NBC10 Philadelphia, TechCrunch, CoinDesk, Observer, MediaPost, TMZ.com, 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
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 …
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 or even a ban in Europe  —  EU commissioner Thierry Breton tells Tesla chief executive: ‘Elon, there are rules’  —  Brussels has warned Elon Musk …
The New York Times Company:
Dean Baquet will lead a new one-year local investigative journalism fellowship at the NYT, which will offer free co-publication to local news outlets  —  The New York Times announces a new fellowship for investigative journalism focused on the state and local level.
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 …
RELATED:
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.
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.
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
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.
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
 
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 More News: 
Brian Heater / TechCrunch:
Online podcast recording service Riverside raises a $35M Series B led by Oren Zeev and says its clients include the NYT, Fox Sports, Marvel, and iHeartMedia
Sky News:
The UK's Commons Speaker summons Mail on Sunday's editor over an article citing MPs saying Labour leader Angela Rayner distracted Boris Johnson with her legs
 Earlier Picks: 
Robin Wigglesworth / Financial Times:
Analysis: Bloomberg Terminal had a 32.5% share of the financial data and analysis industry in 2021, with revenue up 5.2% to $11.6B; Refinitiv had a 19.7% share
Charlotte Tobitt / Press Gazette:
Guardian, FT, and Daily Mirror journalists were excluded from the UK Home Secretary's trip to Rwanda, where she signed a controversial asylum seeker deal
Josh Ye / Reuters:
Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, plans to lay off hundreds of staff; Huya had 2,075 employees in 2020
Margaret Sullivan / Washington Post:
Joe Kahn's openness to criticism can help The New York Times, which hasn't had an ombudsman since 2017, rethink its approach to politics and government coverage