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5:20 PM ET, June 1, 2022


 Top News: 
Sheryl Sandberg is leaving Meta this fall after 14 years, and chief growth officer Javier Olivan will take over as COO; Sandberg will stay on Meta's board  —  - Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook.
Borys Kit / Hollywood Reporter:
Sources: Netflix's original films division is focusing on quality over quantity, making fewer but bigger and better movies, amid lagging subscriber growth  —  The Scott Stuber-run division is adjusting to a new set of realities as it readies a $200 million-plus ‘The Gray Man’ from the 'Avengers …
Sources: Toby Emmerich will step down as Warner Bros. Pictures Group chairman, to be replaced by Michael De Luca and Pamela Abdy, who previously led MGM  —  Veteran film executive Toby Emmerich is exiting his post as Warner Bros. Picture Group chairman, three sources told Variety.
Leah Nylen / Bloomberg:
Sources: the FTC is scrutinizing Amazon's acquisition of MGM Studios as part of its revamped antitrust probe of Amazon  —  The US Federal Trade Commission has revamped its antitrust probe of Inc., shaking up the investigative team, re-interviewing potential witnesses and asking questions …
Discussion: Axios, Reason and @profgalloway
Katie Robertson / New York Times:
Vox Media union, which covers about 350 workers, says its members signed a pledge to strike if a deal can't be reached when its contract expires on June 13  —  The Vox Media Union's contract expires at midnight on June 13.  The union is seeking cost-of-living raises and affordable benefits.
Jim Waterson / The Guardian:
The BBC says a widely criticized article from October 2021 claiming some lesbians feel pressured into sex by trans women failed to meet its accuracy standards  —  Article claiming some lesbians feel pressured into sex by trans women found to have fallen beneath standards
Patrick Brzeski / Hollywood Reporter:
Research: Disney+ Hotstar added 2.8M subscriptions in Q1 2022 in Southeast Asia for a total of 39.5M, capturing 22% of new streaming subscribers in the region  —  Disney+ Hotstar became the first premium SVOD service to reach 5 million subscribers in Indonesia, while Netflix still leads the race in the rest of Southeast Asia.
Alex Sherman / CNBC:
NESN, which broadcasts Boston Red Sox and Boston Bruins games, becomes the first US regional sports network to launch a standalone streamer, costing $30/month  —  - NESN, which broadcasts Boston Red Sox and Boston Bruins games, is the first regional sports network in the U.S. to launch …
Lauren Forristal / TechCrunch:
Google launches the Google TV app on iOS, after removing the Movies and TV section from the Play Store, letting users connect to their TV and more  —  Google TV has had a busy couple of months, with a variety of changes, launches, and updates.  Today, the company announced that the Google TV app is now available on the iOS App Store.
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 More News: 
Rest of World:
Some Netflix users in Peru say its “add an extra member” test to crack down on password sharing has led to widespread confusion and cancellations
Luc Cohen / Reuters:
Sarah Palin loses her bid for a new defamation trial against The New York Times, after her lawyers asked the judge to disqualify himself; she plans to appeal
New York Times:
Forbes ends its plan to go public via a SPAC merger at a $630M valuation, after announcing the deal with Hong Kong's Magnum Opus in August 2021
 Earlier Picks: 
Greg Stohr / Bloomberg Law:
SCOTUS blocks Texas' social media content moderation law in a 5-4 vote, putting the measure on hold while a constitutional challenge proceeds in a lower court
Nate Raymond / Reuters:
New report shows policymakers approved a plan to end PACER fees for non-commercial online court records searches, as Congress debates requiring free downloads