Top News:
Jim Waterson / The Guardian:
Richard Sharp resigns as BBC chair after months of mounting pressure over his role in helping Boris Johnson get a loan and handling of the Gary Lineker row — Investigation says Sharp broke rules on public appointments, creating ‘potential perceived conflict of interest’
Discussion:
BBC, The Wrap, New York Times, Financial Times, The Sun, NPR, Raw Story, Variety, The Desk, Los Angeles Times, Deadline, Metro.co.uk, Bloomberg, BBC, @bbcbreaking, @ianclucas, @jneill, @janemartinson, @craigoliver100, @lucympowell, @lewis_goodall, @arusbridger, @grouse_beater, @life_disrupted, @richardjmurphy, @edwinhayward, @thenewsagents, @eggsbened, @edwina_currie, @loxyflo, @wowestminster, @cstsher, @gralefrit, @kevin_maguire, @trevorw1953, @bladeofthes, GOV.UK, @writesbright, Bloomberg.com, @gabriel_pogrund, @greenpartyjack, @johnkampfner, @rasmus_kleis, @itvnewspolitics, @amocs, @pippacrerar, Broadband TV News, NBC 6 South Florida and The Hollywood Reporter
Raisa Patel / Toronto Star:
Canada's Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them — Bill C-11 was introduced early last year in an attempt to subject streaming giants like Netflix, Disney Plus …
Ellen Huet / Bloomberg:
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022 — Clubhouse, the pandemic-era social media sensation, is cutting more than half of its employees, the company said in a blog post on Thursday.
Discussion:
The Hollywood Reporter, Clubhouse Blog, Variety, Axios, @ankit_quant, @kateclarktweets, @melknee, @pdavison, Music Ally, TechCrunch, Gizmodo, The Information and The Verge, more at Techmeme »
Paul Farhi / Washington Post:
Photos of President Biden holding a notecard previewing a reporter's question reveal the long-standing practice of stage-managing presidential news conferences — President Biden was photographed holding a note card Wednesday, revealing the stage managing behind many political media events
Discussion:
Axios, Breitbart, @imillhiser, @scalzi, @washingtonpost, @local12, @holden114, Voice of America, @kerryeleveld, @farnoushamiri, CNN, @metzgov, @hughhewitt, @edmorrissey, @jdawsey1, Fox News, New York Post, The Hill, Mediaite, Fox News, Fox News and Sean Hannity
Sarah Perez / TechCrunch:
Pinterest announces a multi-year strategic ad partnership with Amazon, its first ads partner, to bring more brands and relevant products to the social network — Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform.
Discussion:
MediaPost, MarketWatch, Pinterest, Search Engine Land, The Information, The Information and The Bookseller, more at Techmeme »
Blake Brittain / Reuters:
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians' songs on the platform — TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …
Discussion:
Complete Music Update, Music Ally, @reuterslegal, Digital Music News, @reuterslegal, Billboard and Music Business Worldwide
Russell Brandom / Rest of World:
Since Elon Musk's takeover, Twitter has received 971 government orders globally and has fully complied with 808, an 83% compliance rate, vs. ~50% before Musk — The company has not refused a single request since Musk took ownership, according to self-reported data
Discussion:
Insider, @jsrailton, @samsacks, Gizmodo, @invisiblesmuros, @tomcoates, @moeedahmed, @kenroth, @iamcouncil, @restofworld, @mehdirhasan, Quartz, CNN, MediaNama, Bloomberg and Digiday
Gavin J Blair / The Hollywood Reporter:
Sony Pictures reports FY 2021 operating income down 45% YoY to $894M, as revenue fell by $851M, and a Q4 profit of $119M on revenue of $2.71B — Sony's movie division was hurt by a lack of big hits and one-off gains, while music and sensors businesses continue to thrive.
Discussion:
Billboard, Reuters and Deadline, more at Techmeme »
Ashley Carman / Bloomberg:
On earnings calls, Spotify's Daniel Ek says generative AI should lead to more music creation but, like UMG's Lucian Grainge, raises copyright concerns — Hello and welcome back to Soundbite. Today we have a grab bag of news. As always, if you have something to share, reach me through email …
Discussion:
MediaNama, Music Business Worldwide and Billboard
Matthew Keys / The Desk:
Sinclair is replacing local newscasts at Toledo's WNWO and Southern Oregon's KTVL with The National Desk, and laying off their entire newsrooms — Sinclair Broadcast Group is pulling local news from its Toledo NBC affiliate, a move that was described as a way to “ensure our long-term success.”
Discussion:
OPB, FTVLive and @thedeskdotnet, Thanks:@matthewkeyslive
Wall Street Journal:
Vice plans to end Vice News Tonight on May 25 and fold the Vice World News brand into Vice News; source: 100+ jobs out of a total of 1,500 employees will be cut — Embattled media company has been looking to sell itself for several months — Vice Media said it was restructuring its global news operation …
Discussion:
@maxwelltani, Adweek, @adrs, @k80way, The Wrap, @vmsalama, @christopherjm, @bmakuch, @sherman4949, @narcomania, @waywaw, @lalarian, @nataliealcoba, @asluhn, @michaelgreshko, @elisewho, @karlbode, @leloveluck, @rowaida_abdel, @adrianeq, The Information, Press Gazette and CNN
Alex Weprin / The Hollywood Reporter:
NBA's Phoenix Suns sign a deal with Gray Television for broadcast rights and Kiswe for streaming; games will be available to 2.8M households, triple the old RSN — All local Suns and Mercury games will air on broadcast TV, with a paid streaming option for cord-cutters.
Discussion:
The Desk, Sportico, The Streamable, Next TV, Awful Announcing, CNBC, Front Office Sports and Sports Business Journal
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