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12:55 PM ET, April 2, 2024

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Disney has pulled ahead in its proxy battle against Trian with more than half of all shares voted; BlackRock and T. Rowe Price are backing Disney  —  BlackRock and T. Rowe Price among major investors backing Disney; voting continues through April 3 meeting
RELATED:
Alex Sherman / CNBC:
A profile of Dana Walden, who is in the running to be Bob Iger's successor as Disney CEO, as some colleagues and friends discuss her strengths and faults  —  Dana Walden, co-chair of Disney Entertainment  —  In 1994, a captain of the media and entertainment industry saw something in Dana Walden …
Discussion: New York Post and @sherman4949
Edward Ludlow / Bloomberg:
Disney's streaming strategy and losses led to Nelson Peltz's proxy fight, but placating Peltz in April 3's vote to shuffle the board likely won't fix the issues
Sara Fischer / Axios:
On The Daily Show, Jon Stewart says Apple asked him not to interview FTC chair Lina Khan on his Apple podcast by saying “please don't talk to her”  —  - “Apple's conduct extends beyond just monopoly profits and even affects the flow of speech.
Reuters:
Israeli parliament approves a bill allowing the temporary closure of foreign broadcasters, like Al Jazeera, considered a national security threat  —  Prime Minister Benjamin Netanyahu revived moves on Monday to shut down Qatari satellite television station Al Jazeera in Israel …
Laya Neelakandan / CNBC:
Private equity firm Silver Lake announces plans to take sports and talent agency Endeavor private at a $13B equity value, or $27.50 per share  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices  — News Tips
John Maher / Publishers Weekly:
Nonprofit library tech cooperative OCLC, which owns WorldCat, acquires CloudLibrary, a digital lending service used by ~500 libraries in 20 countries  —  Nonprofit library technology cooperative OCLC—the company behind WorldCat, the world's largest global catalog of library collections …
David Pierce / The Verge:
Yahoo plans to acquire the tech behind news app Artifact, started by Instagram co-founders Mike Krieger and Kevin Systrom, for an undisclosed sum  —  Instagram's co-founders built a powerful and useful tool for recommending news to readers — but could never quite get it to scale.
Elizabeth Lopatto / The Verge:
A look at the fall of Vice, thanks to wild expenses, shady deals, greed, “fanfiction finance”, and a lack of understanding of how newsrooms work  —  Vice was once promised to become the brash young voice of news.  But wild expenses, shady deals, and greed turned it into ‘a fucking clown show.’
Deepa Seetharaman / Wall Street Journal:
Sources: OpenAI discussed training GPT-5 on public YouTube video transcripts; AI companies struggle to find quality training data as publishers block access  —  Firms such as OpenAI and Anthropic are working to find enough information to train next-generation artificial-intelligence models
Brett Martin / New York Times:
A profile of Matt Farley, who has released thousands of songs under ~80 pseudonyms on music streaming services with the goal of matching nearly any search query  —  Matt Farley has released thousands of songs with the goal of producing a result to match nearly anything anybody could think to search for.
Todd Spangler / Variety:
Q&A with Paramount Streaming CEO and Pluto TV co-founder Tom Ryan on Pluto's first decade, Viacom acquisition, Paramount+ being profitable by 2025's end, more  —  Tom Ryan co-founded the free, ad-supported streaming service Pluto TV, which launched 10 years ago with a linear TV-like grid and a cluster of …
 
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 More News: 
Spencer Soper / Bloomberg:
Flip, a marketplace with product review videos by shoppers, raised a $144M Series C led by Streamlined at a $1.05B valuation, including $50M from AppLovin
Discussion: AppLovin Corp.
Aisha Malik / TechCrunch:
TikTok brings its dedicated STEM content feed to Europe, starting in the UK and Ireland, and says 33% of users enabled the feed since its US debut in March 2023
Reuters:
Trump Media & Technology Group closed down 21% on April 1, wiping out its gains from last week's debut, after disclosing a $58M+ loss on $4.1M in 2023 revenue
Todd Spangler / Variety:
Steven Miron and Steven Newhouse resign from WBD board after the US DOJ informed them it launched an antitrust probe about serving on the boards of competitors
Trishla Ostwal / Adweek:
AI search engine Perplexity, which touts on its site that search should be “free from the influence of advertising-driven models”, says it will sell ads
 Earlier Picks: 
Benjamin Mullin / New York Times:
Authentic Brands sues Arena Group and CEO Manoj Bhargava, says they owe $48.75M in missed payments and damages for infringing on Sports Illustrated's copyright
Georg Szalai / The Hollywood Reporter:
Liberty Media agrees to acquire an 86% stake in Madrid-based Dorna Sports, the commercial rights holder for MotoGP, in a deal valuing Dorna at €4.2B
Daniel Thomas / Financial Times:
An interview with Sony Music CEO Rob Stringer on AI's role in the industry, concerns with licensing to TikTok, working at Sony for over two decades, and more
Wall Street Journal:
Ampere: seven movie adaptations of video games were released broadly in 2023; Comscore: movies based on video games grossed $712.2M at the US box office in 2023
Max Tani / Semafor:
Sources: Apple suggests podcasters join its subscription program to get on its “browse” carousel; 5 of the first 7 carousel podcasts last week were participants