Top News:
Chloe Berger / Fortune:
The NYT faces criticism for its sympathetic Elizabeth Holmes profile, which glossed over the potentially massive consequences of her fraud — Elizabeth Holmes, the former entrepreneur who was convicted of one of the biggest frauds in business history, swapped out her trademark black turtleneck …
Discussion:
New York Times, @drvolts, Jezebel, @albertburneko, @predamame, @dericsayers, @riddle_lincoln, @alexludoboyd, @greyladiesnyc, @gmacofglebe, @morgannaanna, @vprasadmdmph, @eghosao, @jewtastic, @jaycaruso, @dylanlyons91, @ormainy, @jennifersey, @profanalytics, @chrisspangle, @djnyc1, @sambgrover, @dpmcanty, @iamdanlevey, @nytimes, @johnffarrell, Defector, @wolfrum, @daviesbj, @corygiger, @meghanmccain, @pinguicha, Poynter, Insider, New York Post, @parismarx@mastodon.online, Boing Boing, @jayrosen_nyu@mastodon.social, @jeffjarvis@mastodon.social, The Independent, The Hollywood Reporter and Slate
Axios:
Sources: NBCUniversal is finalizing a settlement with CNBC's Hadley Gamble, who is leaving the company and whose complaint led to CEO Jeff Shell's firing — NBCUniversal is finalizing a settlement with CNBC senior international correspondent Hadley Gamble, sources tell Axios.
Discussion:
New York Times, Variety, The Wrap, The Desk, Talking Biz News, Deadline, @sarafischer, The Hollywood Reporter, New York Post and The Daily Beast
Jennifer Maas / Variety:
AMC Networks Q1: revenue up 0.7% YoY to $717M, operating income down 0.8% YoY to $173M, US ad sales down 20% YoY; streaming subs fell to 11.5M from 11.8M in Q4 — This drop in subs follows a slight increase of 700,000 paid streaming customers between Q3 and Q4 of last year.
Discussion:
Ad Age, The Streamable, @davidpoland, Bloomberg, The Hollywood Reporter, The Wrap, The Hollywood Reporter, Next TV and Media Play News
Sara Fischer / Axios:
Crypto outlet Blockworks raised $12M at a $135M post-money valuation led by 10T Holdings to further develop its nascent research and data analytics offering — Blockworks, a media company that covers cryptocurrency for professionals, has raised $12 million at a $135 million post-money valuation …
Discussion:
Talking Biz News, CoinDesk, @bradydale, @jasonyanowitz and @rafat
J. R. Moehringer / New Yorker:
The ghostwriter of Prince Harry's memoir Spare on becoming a ghostwriter, gaining a new perspective on the tabloids after the UK media covered him, and more — Collaborating on his memoir, “Spare,” meant spending hours together on Zoom, meeting his inner circle, and gaining a new perspective on the tabloids.
Katie Robertson / New York Times:
Former Fox News producer Abby Grossberg voluntarily dismisses one of her lawsuits against the network; her lawyer says she intends to refile in the coming weeks — The lawsuit, brought by Abby Grossberg, accused the cable network of pressuring her to lie in a deposition.
Anna Nicolaou / Financial Times:
Source: Spotify removed ~7% of tracks uploaded by AI music startup Boomy, or “tens of thousands” of songs, over a suspicion of bots posing as human listeners — Platform cracks down on bots posing as listeners as flood of content rattles music industry
Adi Robertson / The Verge:
How Something Awful plans to archive millions of Imgur images by May 15, the deadline for Imgur deleting nudity, porn, and “old, unused, and inactive content” — A long-running web community enlisted its goons to stop an Imgur extinction event.
Discussion:
@additionaltext, more at Techmeme »
Aisha Malik / TechCrunch:
Meta tests paying Facebook creators based on public Reels' performance, instead of ad earnings, and plans to roll out payouts to Instagram in the coming weeks — Meta is testing a new payout model for its Ads on Reels monetization program that pays creators based on the performance of their public Reels …
Discussion:
Facebook, Bloomberg and Meta, more at Techmeme »
Alex Weprin / The Hollywood Reporter:
Fox Corp. reports Q3 revenue up 18% YoY to $4.08B and a $50M loss, primarily due to the Dominion settlement; ad revenue rose 43% YoY 1.86B due to the Super Bowl — The Super Bowl helped Fox's advertising revenue improve by 43%. — The high-profile settlement between Fox Corp …
Discussion:
Adweek, CNN, The Guardian, Los Angeles Times, Mediaite, Ad Age, The Hill, CNBC, MediaPost, Financial Times, The Wrap, New York Times, TVNewsCheck, Front Office Sports, Billboard, Wall Street Journal, NPR, Deadline and Media Play News
Jennifer Maas / Variety:
Nexstar reports Q1 net income down 65% YoY to $88M, net revenue up 3.9% YoY to $1.26B, and record digital revenue up 16.5% YoY to ~$92M, thanks to the CW — Nexstar reported its first-quarter 2023 earnings Tuesday, revealing its overall ad sales were down 6% year-over-year …
Discussion:
The Wrap, Nexstar Media Group, Inc., TVNewsCheck, Deadline and Radio & Television …
Charlotte Tobitt / Press Gazette:
Ofcom rules GB News breached the Broadcasting Code for a second time when the network aired “unopposed” claims made by Naomi Wolf about the COVID-19 vaccine — Ofcom said Dr Naomi Wolf promoted “a serious conspiracy theory without challenge or context”.
Discussion:
Financial Times, The Guardian, Broadband TV News, The Independent, The National, Deadline, Variety and Ofcom
The Pulitzer Prizes:
List of 2023 Pulitzer Prize winners, including WSJ for Investigative Reporting, WaPo for National Reporting, and NYT for International Reporting — New York, NY (May 8, 2023) — Columbia University today announces the 2023 Pulitzer Prizes, awarded on the recommendation of the Pulitzer Prize Board.
Discussion:
@mtthwrose, @brettclarkson_, @lat_iliana, @lat_iliana, @glaad, @coreygjohnson, @deldeib, @deldeib, @danielle_ivory, @bankoff, @clarajeffery, @bresreports, @yarotrof, @snellk, @gmochkofsky, @getfiscal, @washpostpr, @j_zimms, @windhamcampbell, @agordonreed, @nic_sealey, @moorehn, @edmundlee, @palafo, @connieschultz, @pulitzerprizes, @johnwest, @politicopress, @keachhagey, @maggienyt, @emiliomorenatti, @talkingbiznews, @jbenton, @emmatuckerwsj, @palafo, @pulitzerprizes, @aaronblake, @palafo, @palafo, @alexselbyb, @brizzyc, @palafo, @pulitzerprizes, @poynter, @pulitzerprizes, @pulitzerprizes, @pulitzerprizes, @pulitzerprizes, @pulitzerprizes, New York Times, Associated Press, Poynter, Poynter, Washington Post and Talking Biz News
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