Top News:
Katie Robertson / New York Times:
The MacArthur Foundation and 20+ nonprofits announce Press Forward, an initiative to invest $500M over five years in local news, aiming to raise and invest $1B — The effort, spearheaded by the MacArthur Foundation, will give grants to support newsrooms and start-ups as concern grows over the rapid disappearance of local news outlets.
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URL Media:
URL Media, a network of media outlets focused on communities of color, receives a $1M Knight Foundation investment to support its 21 partners — The $1M Grant is made possible by Knight Foundation — New York, NY - URL Media, a network of media organizations that serve …
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@blackamazon
Krystie Lee Yandoli / Rolling Stone:
Interviews with 16 current and former employees describe a toxic workplace at The Tonight Show, starting with Jimmy Fallon's outbursts and erratic behavior — Sixteen current and former staffers say Fallon's erratic behavior spoiled their “dream” of working on The Tonight Show — I
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Krystie Lee Yandoli / Rolling Stone:
In a call with Tonight Show staff, Jimmy Fallon said he's “sorry” and didn't mean to “create that type of atmosphere”, after a report detailed a toxic workplace — “Sorry if I embarrassed you and your family and friends...I feel so bad I can't even tell you,” …
Discussion:
TVLine, Screen Rant, Deadline, The A.V. Club, New York Daily News, Page Six, The Messenger, al.com, Insider, New York Post and @noahshachtman
Alex Weprin / The Hollywood Reporter:
Artémis, François-Henri Pinault's investment firm, acquires TPG's majority stake in CAA; CAA's Bryan Lourd is expected to be named CEO of CAA — Bryan Lourd, Kevin Huvane, and Richard Lovett will remain the co-chairman of CAA, with Lourd set to be named CEO. — CAA has a new majority owner.
Discussion:
Reuters, Deadline, Los Angeles Times, Variety, Front Office Sports, Wall Street Journal, The Wrap and WWD
Christopher Dring / GamesIndustry.biz:
The ESA announces organizer ReedPop will not be working on future E3 events and informs the Los Angeles Convention Center that 2024's E3 will not be held there — E3 2024 may still happen, but not at the Los Angeles Convention Center — News by Christopher Dring Head of Games B2B
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Neowin, Video Games Chronicle, @film_girl, Rock, Paper, Shotgun, VentureBeat, The Verge, IGN, My Nintendo News and Insider Gaming, more at Techmeme »
Linda Hardesty / Fierce Wireless:
The Senate votes 55 to 43 to approve Anna Gomez as the fifth FCC commissioner, breaking the deadlock at the agency and giving the FCC a 3-2 Democratic majority — Today, the U.S. Senate finally approved a nominee to fill the vacant, fifth seat on the Federal Communications Commission (FCC).
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Rick Porter / The Hollywood Reporter:
Nielsen delays use of Amazon streaming data in NFL ratings after criticism from the Video Advertising Bureau and plans to keep working with the MRC on approval — The ratings service says it will wait until an industry regulatory board signs off on including the first-party numbers.
Discussion:
Wall Street Journal, Variety, Ad Age, MediaPost and Front Office Sports
Peter Kiefer / The Ankler:
Sources: Apple paid $5M for film rights to Michael Lewis' book about Sam Bankman-Fried; at least eight Hollywood projects are in the works so far on SBF — Apple paid $5M for Michael Lewis' book, a Nanette Burstein doc is underway, and a who'll-finish-first race is afoot as the crypto con projects pile up
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@technologizer@threads.net
Hamish McKenzie / On Substack:
Substack sets a goal of making the 2024 US election “the Substack Election” and hires publicist and producer Catherine Valentine to lead politics initiatives — We're leaning into politics — In recent years, the way political discourse has played out on social media has been incendiary.
Discussion:
@katieharbath.bsky.social, @mobute.bsky.social and @mobute.bsky.social
Sarah Perez / TechCrunch:
Snapchat adds new safety features for minors, including making it harder for strangers to contact teens and removing accounts marketing inappropriate content — Snapchat today is announcing a series of new safeguards for its app, aimed at better protecting teen users, similar …
Discussion:
Snapchat, CNN and Engadget, more at Techmeme »
Max Tani / @maxwelltani:
Memo: Andrew Golis, WNYC's chief content officer and former Vox general manager and Vox Media VP of network development, is leaving WNYC — Per an internal memo to staff today, chief content officer Andrew Golis is leaving WNYC.
Discussion:
Radio & Television …, RadioInsight and @maxwelltani