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8:25 AM ET, April 22, 2023

Mediagazer

 Top News: 
Jahnavi Nidumolu / Reuters:
Twitter drops the “Government-funded” and “state-affiliated” labels from accounts of media outlets and journalists, including NPR, BBC, CBC, RT, and Xinhua  —  Twitter dropped the “Government-funded” and “China state-affiliated” labels, which implies government involvement …
RELATED:
Paul Sawers / TechCrunch:
Twitter emails advertisers to say they must now have “a verified checkmark or subscribe to either Twitter Blue or Verified Organizations” to keep running ads  —  As Twitter's legacy blue check mark system finally comes to an end, the social network's new paid-for verification system …
Dara Kerr / NPR:
Sources: Twitter removed its “visibility filtering rules”, or “shadow bans”, for Russian, Chinese, and Iranian government accounts and state-affiliated media  —  Dmitry Medvedev, a leading government official and former president of Russia, took to Twitter earlier …
Hillary Frey / Slate:
BuzzFeed CEO Jonah Peretti innovated and kept BuzzFeed News going longer than others would have, only for Facebook's pivot away from news to kill his creation  —  I heard about BuzzFeed News shutting down right before it hit Twitter.  Word travels fast among industry old-timers like myself, and we try to keep each other in the loop.
RELATED:
Charlie Warzel / The Atlantic:
BuzzFeed News' legacy has two components: brilliant stories and alumni plus digital media's tragic mismanagement of unrealistic, impossible exponential growth
Ben Smith / Semafor:
The end of BuzzFeed News signals a vast shift in digital media: the old way of thinking about news as text distributed primarily on social media has passed
Reuters Institute:
Highlights from talks at International Journalism Festival 2023 in Perugia, Italy, about reporting in exile, investigative journalism, generative AI, and more  —  Here are a few highlights from the festival on topics such as press freedom, investigative journalism, climate coverage and AI
RELATED:
Alastair Reid / @ajreid:
[Thread] At the International Journalism Festival in Perugia, Italy, journalists debate the shifting value of social networks, especially Twitter and Facebook  —  Outrageous setting for this powerhouse panel here at #ijf23 with @CharlieBeckett @emilybell @mathewi and @mitrakalita. What now for journalism as the platforms move on? https://twitter.com/...
Ben Strauss / Washington Post:
A look at sports media rights money with cable TV's rise and fall, and why leagues and franchises worry they won't replicate the reach and revenue of peak cable  —  Television has changed the course of sports as long as it has existed, in ways both sweeping and specific.
Jef Feeley / Bloomberg:
Filing: Paramount Global directors agree to a $167.5M settlement of CBS investors' lawsuits over the 2019 CBS-Viacom merger, following a separate $122.5M accord  —  Paramount Global directors agreed to a $167.5 million settlement of investors' lawsuits over the controversial 2019 merger …
Hsiuwen Liu / Columbia Journalism Review:
Journalists in Hong Kong, many who once worked at outlets that have since closed, like Apple Daily, continue to produce media independently despite China's laws  —  Hong Kong Court News, an online outlet that debuted at the start of the year, operates out of a rented coworking space in Wong Chuk Hang …
Discussion: @ifjglobal
Bloomberg:
Sources: Hasbro is in talks with Entertainment One founder Darren Throop, who is backed by private equity firm CVC, to sell him back most of EOne's assets  —  Hasbro Inc. is in talks with Entertainment One founder Darren Throop to sell most of the film and TV studio's assets back to him, according to people familiar with the matter.
 
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 More News: 
Todd Shields / Bloomberg Law:
A US appeals court declines to force the FCC to speed up its decision to approve or deny Standard General's proposed $5.4B acquisition of TV broadcaster Tegna
Nilay Patel / The Verge:
After YouTube pulls Heart On My Sleeve due to a UMG copyright notice, a look at the legal dilemma for Google, which claims scraping data to train AI is fair use
Amanda Meade / The Guardian:
Lachlan Murdoch drops his defamation lawsuit against the publisher of Crikey over a June 2022 article calling the Murdochs Trump's “unindicted co-conspirators”
 Earlier Picks: 
Deadline:
Disney settles with former Marvel executive Victoria Alonso over her firing, a source says for millions; her lawyer says she was silenced for criticizing Disney
Tim Ingham / Music Business Worldwide:
Music livestreaming service Mandolin shuts down, after launching in June 2020, raising a $5M seed in October 2020, and raising a $12M Series A in June 2021
Winston Cho / The Hollywood Reporter:
Involuntary manslaughter charges against Alec Baldwin and armorer Hannah Gutierrez-Reed will be dropped in the shooting of Rust cinematographer Halyna Hutchins