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10:40 PM ET, May 17, 2022

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 Top News: 
Nicholas Confessore / New York Times:
Senator Chuck Schumer urges Rupert Murdoch to stop amplifying “replacement theory” on Fox News; Lachlan Murdoch said Tucker Carlson “decried” the theory in 2021  —  Senator Chuck Schumer, Democrat of New York and the majority leader, urged Fox News owner Rupert Murdoch …
Brian Steinberg / Variety:
RELATED:
Wall Street Journal:
Disney plans to carry four minutes of commercials per hour on Disney+'s ad-supported tier; Hulu has nearly eight, Peacock has five, and HBO Max will have four  —  Total ad load to be limited to four minutes an hour; preschool children won't see any ads  —  Walt Disney Co. DIS 2.69%▲ …
Nellie Andreeva / Deadline:
Netflix cuts 150 jobs out of 11K across departments in a new round of layoffs, mostly in the US, as the company reins in costs amid slowing revenue growth  —  EXCLUSIVE: Layoffs are underway at Netflix today.  About 150 positions out of the streamer's 11,000 workforce are being eliminated amid …
Joshua Benton / Nieman Lab:
An analysis of nine US local TV stations' top Facebook posts: 9.9% had a video, community stories were popular, sports posts performed below average, and more  —  In a typical American city, the local daily newspaper is the outlet producing the most news day after day.
Sara Fischer / Axios:
Kevin Mayer's and Tom Staggs' Candle Media acquires ATTN:, a profitable digital content publisher focused on social change content, sources say for ~$150M  —  It gives Candle access to a brand that has expertise in reaching a younger, socially-active audience.
Leichtman Research Group:
Research: the largest US pay TV providers lost ~1.95M net video subscribers in Q1 2022 and have ~74.1M subscribers; the top seven cable companies have ~40.5M  —  Durham, NH — May 17, 2022 — Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. …
Discussion: The Streamable and Light Reading
Jill Goldsmith / Deadline:
Filing: in Q1 2022, Berkshire Hathaway bought a $2.6B Paramount stake and boosted its Activision Blizzard and Apple positions; Paramount stock closes up 15.35%  —  UPDATED with closing price: Shares of Paramount Global shot up more than 15% to close at $32.32 Tuesday after Berkshire Hathaway …
Darlene Superville / Associated Press:
A profile of White House Press Secretary Karine Jean-Pierre, the daughter of Haitian immigrants who worked for city council members, Obama, the ACLU, and MoveOn  —  WASHINGTON (AP) — Karine Jean-Pierre, the new White House press secretary, hopes she can inspire young people to …
 
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 More News: 
Dave Boucher / Detroit Free Press:
Michigan enacts laws requiring newspapers to post public notices online in a manner that is free for everyone; local governments must pay for notices in print
Alexander Lee / Digiday:
Current and former staff detail how Enthusiast Gaming laid off 11 of 26 full-time staff from esports news site Upcomer in March 2022 after acquiring it in 2020
Ezra Marcus / New York Times:
An in-depth look at OnlyFans agencies, which manage hundreds of models' accounts and use teams of ghostwriters to privately message subscribers who pay to chat
Bill Curry / Globe and Mail:
Google says Canada's proposed Online News Act amounts to a “link tax” that would “break” its search engine; Google made similar claims against Australia's bill
 Earlier Picks: 
Hanaa' Tameez / Nieman Lab:
Two fact-checking organizations, Argentina's Chequeado and Spain's Maldita.es, launch Factchequeado to address misinformation in Spanish-speaking US communities
Todd Spangler / Variety:
Snap head of originals Vanessa Guthrie plans to leave at the end of June 2022, to be replaced by Snap Originals production head Anjuli Millan
Discussion: Tubefilter
Katie Kilkenny / Hollywood Reporter:
Writers Guild's CBS News Union ratifies a new three-year agreement, with 2% minimum wage increases for staffers, more severance pay for long-term staffers, more
Discussion: Deadline
New York Times:
Paradise Media sells literary magazine The Believer to its original owner McSweeney's at a “meaningful” loss, after a fan backlash over clickbait content