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11:15 AM ET, June 3, 2022

Mediagazer

 Top News: 
Sara Fischer / Axios:
In a memo, Chris Licht says CNN added a “Breaking News” guideline to its stylebook to address the banner's overuse: “its impact has become lost on the audience”  —  CNN's new boss Chris Licht says that beginning today, CNN has added a “Breaking News” guideline to its stylebook …
Taylor Lorenz / Washington Post:
Creators who focused on the Johnny Depp vs. Amber Heard trial made thousands of dollars through platform incentives, influencing public opinion in the process  —  Influencers discovered there's money and clout to be made in covering breaking news  —  When the verdict came …
RELATED:
Insider:
Although the ACLU ghostwrote Amber Heard's op-ed and a Washington Post editor wrote the headline, the verdict underscores that the byline determines liability  —  - The ACLU ghostwrote Amber Heard's op-ed that a jury found defamed Johnny Depp.  — Heard was also found liable for the headline …
Emily Langer / Washington Post:
Barry Sussman, the Washington Post editor who directly oversaw the Watergate investigation by reporters Bob Woodward and Carl Bernstein, has died at 87  —  Barry Sussman, the Washington Post editor who directly oversaw the Watergate investigation by reporters Bob Woodward and Carl Bernstein …
Bloomberg:
After helping scale Google's and Meta's personalized ad businesses, Sheryl Sandberg faces a legacy with blind spots on privacy, misinformation, and more  —  Sheryl Sandberg once remarked that she felt she was put on earth to scale organizations — and during her career as one of the most powerful executives …
RELATED:
CNBC:
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
Brooks Barnes / New York Times:
A look at Tosca Musk's Passionflix, a $6/month streaming service for adaptations of romance novels and erotic fan fiction with $22M in funding  —  Tosca Musk, Elon's younger sister, is the force behind Passionflix, a streaming service dedicated to adaptations of romance novels and erotic fan fiction.
Ashley Carman / Bloomberg:
Spotify's “white noise” podcasters are making thousands of dollars per month creating soothing sounds, a growing market that major networks have yet to explore  —  People on the prowl for a new podcast to consume often go for a stimulating option like a political debate or a true crime mystery to quicken the pulse.
Tim Baysinger / Axios:
GTCR's Dreamscape acquires advertising research and analytics company Standard Media Index, after acquiring advertising intelligence firm SQAD in April 2022  —  Exit Content Preview  —  GTCR's Dreamscape is buying advertising intelligence firm Standard Media Index, the company announced Thursday morning.
Don Moynihan / Can We Still Govern?:
 
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 More News: 
David Roeder / Chicago Sun Times:
The Chicago Sun-Times names Jennifer Kho as executive editor, the first woman and person of color to lead its newsroom; interim EIC Steve Warmbir is leaving
 Earlier Picks: 
Peter Kafka / Vox:
Some Hollywood insiders cheer Netflix's slowing growth but others worry its problems are streaming's problems and the market isn't as big as everyone had hoped
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
Variety:
Sources: Warner Bros. Pictures Group chairman Toby Emmerich will step down, to be replaced by Michael De Luca and Pamela Abdy, who together previously led MGM
Borys Kit / Hollywood Reporter:
Sources: Netflix's feature film division is focusing on making fewer but bigger and better movies, amid lagging subscriber growth and rising competition