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11:10 AM ET, April 4, 2024

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Sources: Shari Redstone, Paramount Global's controlling shareholder through National Amusements, reaches a tentative deal to sell her stake to Skydance Media  —  - Redstone is the controlling shareholder of Paramount  — Ellison's Skydance has partnered with Paramount on films
RELATED:
Reuters:
Sources: Alphabet has been talking to its advisers about making an offer for HubSpot, an online marketing company with a $32B market value  —  Google parent Alphabet (GOOGL.O) has been talking to its advisers about the possibility of making an offer for HubSpot (HUBS.N) …
RELATED:
Amrita Khalid / The Verge:
X adds blue checks to some accounts, including journalists, as part of its plan to give free Premium status to those with 2,500+ “verified subscriber followers”
CNBC:
Disney prevails in the proxy fight with Nelson Peltz's Trian Partners as shareholders vote to reelect its full board, a stamp of approval for Bob Iger's efforts  —  (L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing …
Andrea Grimes / Home With The Armadillo:
Substack's new emphasis on followers, not subscriptions, and its opaque steps to migrate paid subscriptions off the platform make leaving harder for writers  —  And it'll be worse this time around!  —  The writing life, which has never exactly been a picnic for independent journalists and freelancers …
Samantha Masunaga / Los Angeles Times:
Disney says the standalone ESPN app it plans to launch in 2025 will be available on Disney+ for bundle subscribers  —  Walt Disney Co. is betting big on ESPN as the Burbank entertainment company bolsters its streaming options and charts its future.  —  The company said Wednesday …
Charlotte Tobitt / Press Gazette:
GB News hires Steven Edginton as its first US-based correspondent, part of its plan to expand to the US, after launching a GBN America section in 2023  —  Steven Edginton, a former Brexit Party staffer, joins the broadcaster from The Daily Telegraph.  —  GB News has hired its first correspondent based …
Discussion: Mediaite
Brian Steinberg / Variety:
Fox and AEG announce a week-long post-season college basketball tournament starting on March 31, 2025, as media companies devise sports events they control  —  Does the sports world have room for April Action after weeks of March Madness?  —  Fox aims to answer the question in 2025 …
Devin Leonard / Bloomberg:
A look at the success of Bluey, the hit Australian animated TV show for kids estimated to be worth $2B, whose future is uncertain after the third season ends  —  The Australian children's show auteur Joe Brumm is at a crossroads: Keep growing, or end one of the best runs on TV.
 
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 More News: 
Adam Morgan / Literary Hub:
Small book publishers worry following the abrupt closure of Small Press Distribution, which was one of the last independent book distributors in the US
Dave McKinney / WBEZ Chicago:
Chicago Public Media, which bought the Sun-Times in 2022, announces layoffs, cutting nearly 15% of 62 unionized content creators at public radio station WBEZ
Andrea Navarro / Bloomberg:
Grupo Televisa plans to buy out AT&T's stake in Sky Mexico, payable in 2027 and 2028; Sky CEO Luis Malvido will leave on April 15, replaced by Francisco Valim
Discussion: Reuters
 Earlier Picks: 
 

 
From Techmeme:

Kris Holt / Engadget:
Microsoft unveils Copilot+ PCs as a new class of AI-capable Windows PCs with at least 40 TOPs of NPU performance, with several OEMs and chipmakers on board

Sergiu Gatlan / BleepingComputer:
DOJ announces the arrest of a Taiwanese national at JFK Airport who allegedly owned Incognito Market, a dark web site used by 200K+ to buy $100M+ worth of drugs

Samantha Cole / 404 Media:
The FBI has arrested a man on criminal charges for allegedly producing and distributing AI-generated images of minors engaged in sexually explicit conduct

 
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