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8:50 PM ET, June 7, 2023


 Top News: 
Sara Fischer / Axios:
CNN CEO Chris Licht confirms he plans to step down after 13 months, following a damning Atlantic profile last week and the Donald Trump town hall in May 2023  —  Chris Licht, the embattled CEO of CNN, plans to step down, he confirmed to Axios on Wednesday.  Licht has been on the job for 13 months.
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Peter Kafka / Vox:
CNN's next manager and its owner need to be realistic about what the company can do and stop pretending a political pivot will fix structural cable news issues  —  Ever after its CEO's firing, CNN remains stuck in no man's land.  —  Technically, the news is that CNN CEO Chris Licht was pushed out this morning.
Chris Licht managed CNN anchors poorly and his push to the political center failed, but the fundamental issue is that cable news is in a broad, secular decline  —  Chris Licht will be stepping down as the CEO and Chairman of CNN.  His departure was first reported by Puck News early Wednesday.
Lucas Manfredi / The Wrap:
Internal memo: WBD CEO David Zaslav addresses CNN CEO Chris Licht's departure saying, “I take responsibility” and “things did not work out the way we had hoped”  —  Licht, who was handpicked by the Warner Bros. Discovery CEO, was shrouded in criticism from former and current network staffers alike
Brian Steinberg / Variety:
WBD CEO David Zaslav has a history of tearing down and renovating what he considers to be underperforming cable assets, but this strategy might not work for CNN
Letter: Fox News tells Tucker Carlson's lawyers he “is in breach” of his contract after he launched his Twitter show; Carlson's lawyers cite the First Amendment  —  Fox News Wednesday notified Tucker Carlson's lawyers that the former prime-time anchor violated his contract …
Dominick Mastrangelo / The Hill:
Tucker Carlson posts the first episode of his new show, Tucker on Twitter; the episode is just over 10 minutes long and appears to be from his rural Maine home
Casey Newton / Platformer:
How Twitter, YouTube, and Meta gave up on removing lies about the 2020 US presidential elections, after having briefly banded together to do the right thing  —  For a time, they fought the good fight — but not any more  —  I.  —  On tech platforms these days you can get away with just about anything …
Meg James / Los Angeles Times:
The Los Angeles Times cuts 74 newsroom jobs, or ~13% of its total staff, including editors, photographers, audio producers, and the audience engagement team  —  The Los Angeles Times is cutting its newsroom staff, becoming the latest news organization to contract amid economic pressures brought …
Jessica Toonkel / Wall Street Journal:
Sources: Amazon plans to launch an ad-supported Prime Video tier and is talking with WBD and Paramount about adding their ad-based tiers to Prime Video Channels  —  Discussions come as ad buyers have been pushing for more access to premium shows and movies  —  Amazon is planning to launch …
Sahil Patel / The Information:
Sources: BuzzFeed is exploring selling Complex Networks, which the outlet acquired when going public in late 2021 for nearly $300M; Complex's revenue has fallen  —  BuzzFeed is exploring a potential sale of Complex Networks, a digital media firm it acquired when going public in late 2021 …
Discussion: The Wrap and @theinformation
Amrita Khalid / The Verge:
Spotify combining Gimlet and Parcast into a single unit signals the company moving away from pricey originals to amateur podcasters and creator partnerships  —  When Spotify announced yesterday that it would lay off 200 employees from its podcast unit and combine Gimlet and Parcast into a single operation …
Financial Times:
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 More News: 
Matthew Keys / Fierce Video:
YouTube launches a version of its Primetime Channels in Germany, its first market outside of the US, offering subscriptions ranging from €3/month to €100/year
Discussion: SportBusiness, Thanks:@thedeskdotnet
Sara Fischer / @sarafischer:
OutVoice, a freelancer management and payment service for media companies, acquires Study Hall, a newsletter and online freelancer community, for six figures
The Athletic:
Sources: MLS and Apple discussed sharing new Season Pass subscriber revenue with Lionel Messi; on June 6, Apple unveiled a four-part Messi docuseries on TV+
 Earlier Picks: 

From Techmeme:

Rachel Metz / Bloomberg:
OpenAI CEO Sam Altman says that co-founder Ilya Sutskever won't be a board member, but that the company is “discussing how he can continue his work at OpenAI”

Wall Street Journal:
Sources: Meta plans to launch Threads in Europe in December, the largest expansion since its July debut, offering a choice of using Threads without a profile

Allison Johnson / The Verge:
Google says RCS in Google Messages now has over 1B MAUs, and adds Photomoji, Screen Effects, Custom Bubbles, and other features

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