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5:33 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.
Discussion: New York Times, @oliverdarcy, CNN, @dylanbyers, @dylanbyers, CNBC, NPR, Washington Post, @brianstelter, Adweek, Los Angeles Times, @claireatki, Vanity Fair, @brianstelter, @dylanbyers, The Nation, @maxwelltani, Puck, Bloomberg, @sarafischer, @semafor, @semaforben, Insider, @bristei, @sarafischer, The Week, Wall Street Journal, @jamiestelter, @wesleylowery, @brianstelter, @ditzkoff, @oliverdarcy, @oliverdarcy, @ahmedbaba_, @mattdpearce, Page Six, Poynter, @mrjamesob, @brianstelter, @sulliview, The Guardian, @richardpbacon, @great_katzby, @bencjacobs, @oliverdarcy, @sarafischer, @josheidelson, Ad Age, @sherman4949, @jayrosen_nyu, @brianstelter, Newser, @benmullin, @esaagar, @emptywheel, Media Play News, @sherman4949, Mediaite, @scottnover, @eugene_scott, @nprinskeep, @heerjeet, Media Nation, @benjysarlin, @modestproposal1, @oneunderscore__, @djrothkopf, @mattbelloni, @ahmedbaba_, @sarafischer, @markjacob16, @brianstelter, @richlightshed, @karlbode, @dylanbyers, @sarafischer, @dylanbyers, @dorianlynskey, @maxwelltani, @sarthakgh, @brianstelter, @aexm, @sherman4949, @andrewfeinberg, @dylanbyers, @great_katzby, @juddlegum, @sarafischer, @qjurecic, @scottnover, @jeremymbarr, @brianstelter, IndieWire, @mattzeitlin, @erichaywood, @ndrew_lawrence, @brianstelter, @repdougcollins, @joeconchatv, @atrupar, 24/7 Wall St., Agence France-Presse, @dylanbyers, @loudmouthjulia, @alex, @sherman4949, Variety, The Hill, @jeffjarvis, @karaswisher, @brianstelter, New Republic, @sarafischer, @cherijacobus, @karaswisher, @jamesrbuk, @eugene_scott, @dylanbyers, @ivanthek, The Desk, @scottnover, @taylorpopielarz, @tanzinavega, The Wrap, @brianstelter, Fortune and Insider
Chris Licht managed talent poorly and the push to shift CNN to the center politically failed, but the fundamental issue is that cable news is in 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.
Alex Griffing / Mediaite:
CNN has also let go Chris Licht's top lieutenants, including comms chief Kris Coratti, strategic comms head Matt Dornic, and chief of staff Devan Cayea  —  After news dropped on Wednesday morning that CNN's CEO Chris Licht had been fired from the ratings-beleaguered network …
Lucas Manfredi / The Wrap:
Internal memo: WBD CEO David Zaslav addressed Chris Licht's departure, saying “I take responsibility” and “things did not work out the way we had hoped”
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
Meg James / Los Angeles Times:
The LA Times is cutting 74 newsroom jobs, representing 13% of total staff; layoffs will affect some editors, 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 …
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 …
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
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 …
Amrita Khalid / The Verge:
Spotify combining Gimlet and Parcast into a single unit signals a move 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, it came as a shock to outside observers.
Financial Times:
Sahil Patel / The Information:
Sources: BuzzFeed is exploring a potential sale of Complex Networks, which it acquired when going public in late 2021 for nearly $300M  —  BuzzFeed is exploring a potential sale of Complex Networks, a digital media firm it acquired when going public in late 2021 for nearly $300 million, according to people familiar with the matter.
Discussion: The Wrap and @theinformation
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+  —  Major League Soccer and Inter Miami are solidifying details around the potential signing of Argentine superstar Lionel Messi.
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 More News: 
Matthew Keys / Fierce Video:
YouTube launches a version of its Primetime Channels in Germany, its first market outside 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
 Earlier Picks: 
Dan Rys / Billboard:
An interview with Lior Tibon, the co-founder of Duetti, a music financing startup that buys rising or independent artists' back catalogs and has raised $32M
[Thread] The New York Times' NewsGuild members vote more than 99% in favor of ratifying a five-year deal with a $65K salary floor, fertility coverage, and more
Lesley Goldberg / The Hollywood Reporter:
The CW says the LIV Golf and PGA Tour merger won't change the LIV Golf event schedule for 2023 on The CW, which includes coverage of seven more tournaments

From Techmeme:

Kim Zetter / Wired:
AT&T appears to have paid a member of ShinyHunters $370K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of its customers

Lauren Thomas / Wall Street Journal:
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B; Wiz raised $1B at a $12B valuation in May 2024

Wes Davis / The Verge:
Apple approves the first PC emulator for iOS, UTM SE, weeks after initially rejecting and barring it from being notarized for third-party app stores in the EU

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