Top News:
Alex Sherman / CNBC:
Sources: Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday, after he lost the trust of controlling shareholder Shari Redstone — Bob Bakish, then president and chief executive officer of Viacom Inc., speaks during the Mobile World Congress Americas event in Los Angeles …
Discussion:
Financial Times, Deadline, Variety, Bloomberg, @animated_antic, @sherman4949, @tvgrimreaper, @sherman4949, @slim_saidi_, @bristei, Deadline, IndieWire, Variety, Cord Cutters News, The Information and The Wrap
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Jessica Toonkel / Wall Street Journal:
Sources: Paramount is planning for what happens if no big deal happens, mulling cutting $2B in costs, selling BET and TV stations, starting a streaming JV, more — The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone's merger plans collide with shareholder fury and a CEO on the outs
Discussion:
Awful Announcing, @jtoonkel and @waystarcroixco
Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis — Entertainment giant would install a committee of top executives to run an ‘Office of the CEO’ on an interim basis; no decision has been made on Bakish's future
Amanda Silberling / TechCrunch:
Some founders say the TikTok ban won't impact creator economy startups much, as they have diversified across multiple platforms after Trump's 2020 ban attempt — ‘Two years ago, this would have been devastating’ — President Joe Biden signed a bill on Wednesday that could ban TikTok — for real this time.
Discussion:
@robertoblake, TIME, Traackr, Polygon and ICYMI, more at Techmeme »
Elise Morton / Associated Press:
Russia arrests journalists Konstantin Gabov and Sergey Karelin on “extremism” charges for allegedly working for a group founded by the late Alexei Navalny — Two Russian journalists were arrested by their government on “extremism” charges and ordered by courts there on Saturday …
Mike Fleming Jr / Deadline:
Producers United, a grassroots group of 86 top Hollywood “career producers”, launches to advocate for reforms, including changing their fee structure — EXCLUSIVE: As signatories prepare to negotiate new deals with IATSE and Teamsters, it might seem like the last thing the town wants …
Discussion:
@mynette, @deadline, @ezhossington, @franklinleonard, @lynettehtaylor and New York Times
Sammy Gecsoyler / The Guardian:
BBC presenter Liz Bonnin's likeness was used in an ad after the company running the campaign was tricked by a fake, likely AI-generated, version of her voice — Exclusive: Liz Bonnin's face used on insect repellant advert after deal negotiated via WhatsApp and voice notes generated by AI
Discussion:
The Overspill, @sammygecsoyler and Steve Gray on LinkedIn
Associated Press:
Large protests outside the annual WHCD event condemned both the Western news' media coverage of the war in Gaza and President Biden's handling of the conflict — An election-year roast of President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents …
Discussion:
C-SPAN on YouTube, Axios, Reuters, Variety, New York Times, @cspan, @brianstelter@threads.net, Politico, @barakravid, @farnoushamiri, @anacabrera, @chuckmodi1, @sullycnbc, @curtishouck, @yarongalai, Vanity Fair, @cspan, @lukerussert, @tarasetmayer, @emiliepfrank, @brianstelter@threads.net, @chuckmodi1, Al Jazeera, @brianstelter@threads.net, @brianstelter, Adweek, Newser, @cspan, Mother Jones, @farnoushamiri, @curtishouck, @joeygarrison, @brianstelter, @curtishouck, @thebelaaz, @cspan, @chuckmodi1, @shutdown_dc, @curtishouck, Associated Press, Rolling Stone, Mediaite, New York Times, C-SPAN on YouTube, Deadline, Deadline, Vogue, The Hollywood Reporter, Agence France-Presse, The Daily Beast, The Wrap and The Hill
Ashley Capoot / CNBC:
Meta, Alphabet, and Snap beat analysts' estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 — A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. — Advertising is so back.
Discussion:
The Media Leader, The Verge, Wall Street Journal, The Guardian, Ad Age, MediaPost and Bloomberg, more at Techmeme »
Ben Smith / Semafor:
Sources: Nicholas Carlson, who has been the global editor-in-chief of Business Insider since 2017, is expected to leave the publication later this summer — After a nine-month span in 2020, in which social media furors forced the resignations of editors at Condé Nast titles …
Reggie Ugwu / New York Times:
A look at the rise in video podcasts, as YouTube leads in podcast consumption in the US and companies invest in video to gain new audiences and boost ad revenue — To some, “video podcasts” are a contradiction in terms. That hasn't made them any less popular.
Discussion:
@uugwuu, @jaimeblack, Michael Rivo on LinkedIn and Ausha, more at Techmeme »
Sharareh Drury / Variety:
An Iranian court sentences rapper Toomaj Salehi to death over songs criticizing the Iranian government; the Recording Academy and others denounced the decision — The Recording Academy, Meek Mill and more artists have denounced Salehi's sentencing. — Iranian rapper Toomaj Salehi …
Discussion:
@recordingacad, @meekmill, @usenvoyiran, @meekmill, @hrw, @smohyeddin, @yashar, @un_spexperts, @irandetainees, @repritchie, @mdubowitz, @amnesty, @hosseinronaghi, @ichri, @elicalebon, @indexcensorship, @nufdiran, @jerusalem_post, @jasonmbrodsky, @calisdi, @iophrpress, @jakesullivan46, @michael_lipin, @nufdiran, Jerusalem Post, Human Rights Watch, Index on Censorship, Yashar Ali, OHCHR, Deadline, Reclaim The Net, Rolling Stone, MENASource, The Sun and The Sun
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