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3:35 PM ET, April 29, 2023

Mediagazer

 Top News: 
John Herrman / New York Magazine:
The death of BuzzFeed News and the pivots to nowhere by bloated social media giants show the absurdity of the news media marrying a speculative tech industry  —  The media bet its future on Facebook.  Did it learn from that mistake?  —  BuzzFeed, the archetypal new media company of the 2010s …
Rachel Treisman / NPR:
An interview with comedian and Daily Show correspondent Roy Wood Jr., who is hosting the White House Correspondents' Dinner on April 29, on the news cycle, more  —  Some of the biggest names in politics and media will gather in Washington, D.C., Saturday night for the White House Correspondents' Dinner …
Jonathan Vanian / CNBC:
Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+  —  - Snap came in light on revenue and ARPU in its first-quarter earnings report.  — The company said its “internal forecast” …
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 his handling of the Gary Lineker row  —  Investigation says Sharp broke rules on public appointments, creating ‘potential perceived conflict of interest’
Alexandra Bruell / @alexbruell:
The New York Times is using a new format that breaks down some news articles into sections like “Why It Matters” and has told some reporters to shorten stories  —  Mini scoop: The New York Times is using a new format that breaks down some news articles into sections, such as “Why It Matters.” Feels very Axios. Here's an example https://www.nytimes.com/...
Elon Musk / @elonmusk:
Elon Musk claims that Twitter plans to let media publishers charge users on a per-article basis, with one click, starting in May 2023  —  Rolling out next month, this platform will allow media publishers to charge users on a per article basis with one click. This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article.... https://twitter.com/...
Reuters:
EU lawmakers push forward an AI Act draft, which includes requiring companies deploying generative AI tools to disclose copyrighted material used for training  —  Companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems …
Matthew Keys / The Desk:
Sinclair Broadcast Group 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.”
@hearstunion:
[Thread] WGA East members at Hearst Magazines announce they have a union contract, subject to a ratification vote starting next week, after years of bargaining  —  BREAKING NEWS: We have reached a deal! Details tk, but we're so proud of our awesome bargaining committee, @WGAEast organizers and staff, and our entire unit for reaching a historic win not just for @Hearst but for the entire media industry. Hearst has a union contract, world! https://twitter.com/...
Aisha Majid / Press Gazette:
Discussion: @pressgazette
 
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 More News: 
Alex Weprin / The Hollywood Reporter:
The NBA's Phoenix Suns sign a broadcast deal with Gray Television and a streaming deal with Kiswe, bringing the games to 2.8M+ households, triple the old RSN
Blake Brittain / Reuters:
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a 2016 contract covering its use of musicians' songs on the platform
 Earlier Picks: 
Raisa Patel / Toronto Star:
Canada's Online Streaming Act passes its final Senate vote; the law requires streaming services to support Canadian content and gives the CRTC regulatory power
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
Carmel Dagan / Variety:
Jerry Springer, the former news anchor and mayor who presided over the controversial and profitable talk show bearing his name for over two decades, dies at 79
Jeremy Barr / Washington Post:
CNN replaces John King with Dana Bash as the host of Inside Politics, the first time she will host her own daily show after nearly 30 years at the network
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: the new iPad Pro may launch with an M4 chip, kicking off Apple's AI strategy that will be expanded at WWDC; the new Pencil will have haptic feedback

Eugen Rochko / Mastodon Blog:
Mastodon forms a new US non-profit, to receive tax-deductible US donations and in-kind support, with Twitter co-founder Biz Stone and others on its board

Amanda Silberling / TechCrunch:
Some founders say TikTok ban won't impact creator economy startups much, as they have diversified across multiple platforms after Trump tried banning it in 2020

 
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