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12:05 AM ET, March 16, 2023


 Top News: 
Charlotte Klein / @charlottetklein:
Alexandra Bruell / Wall Street Journal:
BuzzFeed News EIC Karolina Waclawiak says that to get to profitability, the outlet plans to publish more, focus on resonating topics, and pursue investigations  —  ‘What we can control is how many stories we publish each day,’ BuzzFeed News editor in chief tells newsroom
Jonathan Stempel / Reuters:
The US charges exiled Chinese businessman Guo Wengui, tied to GTV Media, with defrauding his online followers out of $1B+ and arrests him; the DOJ seizes $634M  —  The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating …
Tim Baysinger / Axios:
Sources: Diamond expects to lose some MLB rights via bankruptcy but could retain, a source says, the sports rights for 16 NBA and 12 NHL teams the company owns  —  Diamond Sports Group expects to come out of its bankruptcy process with fewer teams' rights, with the cuts coming from its baseball roster …
Dietrich Knauth / Reuters:
Diamond Sports, which operates the Bally Sports channels, files for Chapter 11 bankruptcy in Texas, listing both assets and liabilities as between $1B and $10B
Matthew Keys / The Desk:
Bankruptcy docs: Diamond Sports owes $1.8B to US Bank, $77.2M to Dolan Broadcast, $40.1M to DirecTV, $30.8M to Arizona Diamondbacks, $15M to Intelsat, and more
Michael J. Socolow / The Conversation:
While Americans across the political spectrum have a growing disdain for journalism, media criticism comprises an essential component of a vibrant democracy  —  Everyone seems to hate what they call “the media.”  —  Attacking journalism - even accurate and verified reporting - provides a quick lift for politicians.
Jennifer Maas / Variety:
Q&A with Vice Media co-CEOs Bruce Dixon and Hozefa Lokhandwala on Nancy Dubuc's exit, a potential sale and buyers, divesting assets like Refinery29, and more  —  But despite the newness of their current roles, Lokhandwala and Dixon are already well versed in the inner workings …
Discussion: Adweek and @kerrymflynn
Jon Allsop / Columbia Journalism Review:
A journalists' union in Athens apologized for downplaying repeated warnings about Greece's rail system; some blame a larger deficit of accountability journalism  —  Two weeks ago, a passenger train and a freight train collided on the line between Athens and Thessaloniki, in Greece.
Blake Brittain / Reuters:
The US Copyright Office says protections for AI-assisted artistic works depend on whether AI's contributions reflect the author's “own mental conception”  —  The U.S. Copyright Office issued new guidance on Wednesday to clarify when artistic works created with the help of artificial intelligence are copyright eligible.
Financial Times:
With the “easy money” era over, Disney CEO Bob Iger wants to bring focus to the company, which could mean selling its Hulu stake or an ESPN investment or sale  —  Since Bob Iger's second term as Disney chief executive started in November, some of America's most prominent media executives …
Sahil Patel / The Information:
Sources: the NBA wants to triple its revenue from TV deals; Amazon is interested in the NBA rights but has no intention of overpaying for a multiyear package  —  The NBA is one of the most popular sports leagues in the world.  It also has high hopes for squeezing far more money out of media outlets …
Sara Fischer / Axios:
Snap plans to begin publishing its guidelines for serving personalized Snapchat content after previously sharing them with publishing partners and some creators  —  Snapchat on Wednesday said it will begin publishing guidelines that detail what types of content gets algorithmically distributed in its app to users.
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 More News: 
Todd Spangler / Variety:
Mythical, a studio built on YouTube by Rhett McLaughlin and Link Neal, launches a 24-hour free streaming channel on Roku, showing Good Mythical Morning and more
Discussion: @rhettmc
 Earlier Picks: 
The Guardian:
Internal chats: after UK government pressure, BBC editors asked reporters to avoid using the word “lockdown”; the BBC says the messages are “out of context”