Top News:
Sahil Patel / The Information:
Sources: Amazon takes a 50% subscription fee cut for the streaming services on Prime Video Channels while YouTube is offering 40% or less for Primetime Channels — YouTube and Netflix are the most-watched streaming services in America. But it is Amazon that has come closest to building …
Discussion:
@sizpatel, TechCrunch and Screen Rant
Financial Times:
Sources: days after Linda Yaccarino's appointment, media agency GroupM tells its clients that Twitter is no longer “high risk”, a designation from November 2022 — WPP-owned GroupM removed designation of platform after appointment of Linda Yaccarino
Discussion:
The Verge, @titterdaily, Neowin, @jason_kint, @pt, @mshannahmurphy, @goldengateblond and @ivanthek, more at Techmeme »
Charlotte Tobitt / Press Gazette:
A UK appeals court orders Carole Cadwalladr to pay 60% of Arron Banks' libel trial costs, or £1M+, plus £35K in damages, despite finding her Ted Talk “lawful” — Brexit donor Arron Banks entitled to damages over Carole Cadwalladr's Ted Talk, appeal judges have ruled.
Discussion:
@carolecadwalla, @arusbridger, @ianclucas, Reporters Without Borders, @arron_banks, @marcowenjones, @jkosseff, @dgurdasani1, @bournemouth4eu, @dgurdasani1, @mariaressa, @danielmgmoylan, @carolecadwalla, @frank3davies, @carolecadwalla, @stepbd, @emilybell, @bremaininspain, @epkaufm, @denismacshane, @jason_kint, @guardiancomms, @marcowenjones and @jacobbe79601492
Nellie Andreeva / Deadline:
Sources: Disney plans to remove dozens of Disney+ and Hulu shows on May 26; the company announced a $1.5B to $1.8B impairment charge on its May 10 earnings call — Disney is starting to pull content from streaming, with dozens of series and specials slated to leave Disney+ and Hulu on May 26, Deadline has learned.
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Brooks Barnes / New York Times:
Disney cancels plans to build an Orlando office complex and move 2,000+ workers from California to Florida; sources: the DeSantis feud influenced the decision
Discussion:
@trumpwarroom, @gavinnewsom, New York Daily News, Politico, New York Post, Deadline, The Week, @mikesington, Forbes, @dwstweets, Raw Story, @gavinnewsom, Vanity Fair, Talking Points Memo, LGBTQ Nation, CNBC, @ananavarro, Fortune, Los Angeles Times, Wall Street Journal, @repmaxwellfrost, @mariabruno01, @timobrien, @shelbytalcott, @leonardpittsjr1, @caslernoel, Orlando Sentinel, @bigsnugga, @joenbc, @mollyjongfast, @therickwilson, @macloo, @taradbennett, @redlorainev, @arsegrammatica, @shanegoldmacher, @peterschorschfl, @deggans, @andrewfeinberg, @maxthegirl, Bloomberg, The Atlantic, Reuters, New York Magazine, Axios, Insider, PolitiFact, KTVZ-TV, The Hill, Quartz, Sportico, New Republic, IGN, NPR, Mediaite, SlashFilm, CBS News, Associated Press, Variety, ABC4 Utah, Rolling Stone, Yahoo Finance, Gizmodo, UPROXX, The Wrap, Boing Boing and The Messenger
Paul Farhi / Washington Post:
President Biden's last-minute Australia trip cancellation stuck media outlets with big bills, showing that such trips are impractically costly for most outlets — Some correspondents think it could prompt media bosses to pull back from covering the president on future overseas tours
Discussion:
@farhip, @jkbjournalist, @krisnelson@legal.social, @washingtonpost, @michaelsocolow, @emptywheel and @dceiver
Bron Maher / Press Gazette:
UK B2B information and events business Informa, which owns Industry Dive, acquires Winsight, which owns Foodservice Director and Restaurant Business, for $380M — Winsight's brands include titles such as Foodservice Director and Restaurant Business. — B2B information and events business Informa …
Discussion:
Dow Jones Newswires
Ted Johnson / Deadline:
ABC News hires The Economist's G. Elliott Morris as its editorial director of data analytics for the news division, which includes overseeing FiveThirtyEight — EXCLUSIVE: ABC News is hiring The Economist's G. Elliott Morris to be the editorial director of data analytics for the news division …
Hanaa' Tameez / Nieman Lab:
Q&A with Pablo Valdivia, NPR's first editor for Latino audiences, on the role's three prongs, its impact, other newsrooms creating similar positions, and more — “The weight of coverage shouldn't have to fall on the shoulders of a select few, but rather on the organization as a whole.
Discussion:
@isalara, @pablovaldivia and Inside Radio
William Mauldin / Wall Street Journal:
For the second time, Russia rejects US officials' request to visit WSJ reporter Evan Gershkovich, after the US denied visas for Russian journalists in April — In barring U.S. officials from visiting Evan Gershkovich, Moscow blames Washington over visa status of its reporters
Discussion:
Reuters, The Moscow Times and Associated Press
Raphael Helfand / The Fader:
Bandcamp workers vote 31-7 in favor of forming a union, Bandcamp United, and await certification from the NLRB — Bandcamp workers voted 31-7 today in favor of forming Bandcamp United. — Back in March, a year after their company was purchased by Epic Games, Bandcamp workers announced …
Discussion:
Bandcamp Updates, @bandcampunited and @bandcampunited
Ezra Marcus / Grub Street:
Restaurant chefs are increasingly designing food that plays well on video for influencers on TikTok, Instagram Reels, and YouTube that market to young diners — The most important social-media food genre of the past decade is photos of avocado toast, bright and colorful and clean.
Discussion:
@kottke, @maxwelltani, Insider, @deaneckles and Adweek, more at Techmeme »
Cory Weinberg / The Information:
Source: Instacart generated ~$740M in 2022 ad revenue, up 30% YoY; nearly 30% of the company's 2022 revenue came from its ads unit, which launched in 2019 — Instacart has become an advertising powerhouse. — The grocery-delivery firm's ad revenue totaled about $740 million last year …
Discussion:
@amir, @patio11 and Insider Intelligence, more at Techmeme »
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