Top News:

Substack invites its newsletter writers and others to invest, raising $5M+; source: the raise is an extension of Substack's $65M Series B in March 2021 — Substack, the newsletter platform, will open up a community fundraising round on Tuesday, allowing writers on the platform to invest in the company.
Discussion:
On Substack, The Verge, @rafat, @dceiver, @elongreen, @caseynewton, @cjgbest, @dinfontay, @misha_saul, @parkermolloy, @parkermolloy, @sarthakgh, @baileyelaine, @hamishmckenzie, @iiiitsandrea, @emilyrnunn, @ejeancarroll, @nmasc_, The Information, @anthony, @niubi, @jessicalessin, @binarybits, @substackinc, @sarafischer, @ryansingel@writing.exchange, TechCrunch, Bloomberg and Platformer

The UK releases its draft Media Bill that could see Netflix, Disney+, and other US streamers fined up to £250K for breaking harmful material rules under Ofcom — The UK government has published its long-awaited draft Media Bill to bring the U.S. streamers under its regulatory framework …
Discussion:
Financial Times, @deepbagchee, @sanjayjha, Broadband TV News, @perezhilton, Variety, Reuters and GOV.UK, more at Techmeme »
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UK leaders plan to kill a law forcing news outlets to pay court costs of those who sue them, as part of a bill that may also add streaming service regulation — Government to roll back section 40 legislation, recommended by Leveson, as part of media bill — Ministers will push ahead …
Discussion:
@sebastianepayne, @brokenbottleboy, @davidleighx and Hacked Off

Google plans to add a “Perspectives” carousel, showcasing journalists and others under Top Stories, and an “About this author” feature for US English searches — Google is introducing new ways for users to verify information on Search, the company announced on Tuesday.
Discussion:
The Keyword, Telangana Today, @killedbygoogle, Search Engine Land and The Verge, more at Techmeme »

Sources detail tensions between Tucker Carlson and Suzanne Scott and say Carlson is unaccountable to leadership and operates in his own fiefdom at the network — As Fox News finds itself beset by an internal crisis fueled by Dominion's $1.6 billion defamation suit, long-simmering tensions …
Discussion:
CNN, @juliewestfall, @aidnmclaughlin and The Wrap

A report claims Amazon is considering acquiring theater chain AMC Entertainment Holdings, whose stock initially jumped 18% and closed up 13.19% on March 28 — Shares of AMC Entertainment Holdings Inc (AMC.N) jumped more than 18% on Tuesday, set for their biggest gain in a month …
Discussion:
Fast Company, The Intersect, @royprice, The Wrap, Media Play News, Forbes, Insider and Bloomberg

The NFL and RedBird Capital create EverPass Media to stream NFL games and eventually other events to commercial establishments, starting with the 2023-24 season — Sunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular subscription package

The Guardian owner Scott Trust apologizes for the role the newspaper's founders played in the slave trade and announces expanded reporting on Black communities — Scott Trust to invest in decade-long programme of restorative justice after academic research into newspaper's origins
Discussion:
The Guardian, The Guardian, Poynter, The Guardian, Eventbrite, El País, @damian_from, @labourlewis, @lauratrevelyan, @margaretsimons, @dougf24, @udadisi, @corinne_fowler, Sydney Morning Herald, @rwilliams1947, @iamdavidmiller, @vivian, @vivian, @jeffjarvis, @loisbeckett, @brianstelter, @kathviner, @jayrosen_nyu, @pippacrerar, @peterwalker99, @bonn1egreer, @jamesrbuk, @slaverymuseum, @jeffjarvis, @lanre_bakare, @juliacarriew and @aamnamohdin

Google rolls out Ads Transparency Center, letting users search all ads on the platform within 30 days of them running — Users will be able to search all ads on the platform within 30 days of them running. … Get out your library cards and pay those late fees: Google is playing librarian.
Discussion:
AdExchanger, Bloomberg, TechCrunch, @ryanbarwick, Washington Post, Reuters, Gizmodo, @killedbygoogle, @jason_kint, Search Engine Land, The Keyword, @jason_kint and Ad Age
@nytimesguild:
[Thread] Comparing compensation increases for The New York Times' CEO and other top executives to salaries for NewsGuild members, who are seeking a new contract — The @nytimes recently disclosed the latest compensation packages for our top executives. Among the highlights: Our C.E.O., @meredith_levien, was paid $7.6 million in 2022, up from $4.4 million in 2020. That's a 73% increase.
Discussion:
@mariemyungoklee, @moorehn, @erinbiba, @nytimesguild, @nytimesguild, @karenkho, @monicabyrne13, @nifmuhammad, @jlpolito, @girlpowertbh, @vahn16, @kaytiburt, @alexlaughs, @alexlaughs, @danahoule, @nytimesguild, @allylovespono, @nytimesguild, @nytimesguild, @jimlaporta, @dennismhogan, @blackamazon and @gaywonk

Mandiant: suspected North Korean hackers are posing as NYT and VoA staff to collect strategic intelligence from officials in the US and South Korea — Suspected North Korean hackers are posing as journalists and trying to gather intelligence about international officials' approach …
Discussion:
@jeffstone500, Insider, CoinDesk and Wired, more at Techmeme »

Email: Warner Music Group CEO says it will eliminate 270 positions, or around 4% of the company's global staff, as it makes “hard choices in order to evolve” — Warner Music Group will eliminate 270 positions as part of a wider evolution of the company, new CEO Robert Kyncl announced …
Discussion:
The Wrap, Billboard, The Hollywood Reporter and Music Business Worldwide

Gannett CEO Mike Reed says the company's top ~100 dailies bring in ~90% of its newspaper business revenue so they are “probably where most of our focus will be” — - CEO Mike Reed said on last month's earnings call that the company “would entertain bids on any of our markets.”
Discussion:
@terrencemcd, @jbenton, @appodlachia, @dicktofel, @russbengtson and @sarafischer
RELATED:
James Rainey / Los Angeles Times:
A look at the decline of Gannett's The Salinas Californian, whose only original content comes from paid obituaries after its last reporter quit in December 2022
A look at the decline of Gannett's The Salinas Californian, whose only original content comes from paid obituaries after its last reporter quit in December 2022
Discussion:
American Press Institute, @kateconger, @bymorganmatzen, @kaileybroussard, @jeongpark52, @k_cimini, @commoncause, @emily_hoeven, @nancyrockland, @richardwarnica, @tromcmanus, @penamerica, @rana_cash, @tatecurtis, @ohioaj, @byianjames, @latsondheimer, @tarantulaarms, @calitruecrime, @_ishanidesai, @avisholkoff, @frannydink, @charlesornstein, @danielmorain, @gsanroman2, @marybschneider, @raineytime, @peterbakernyt and @margotroosevelt