Mediagazer: Sources and docs: Twitch will end the contracts of its current Safety Advisory Council members; the new council will be mostly composed of Twitch Ambassadors (Hayden Field/CNBC)

8:35 PM ET, May 30, 2024

Top News:

Report: Nelson Peltz' Trian Partners reaped ~$1B from its Disney stock after his unsuccessful proxy fight; Disney heeded some of his calls, cutting 8,000 jobs — In the end, veteran investor Nelson Peltz came away with a big win in his battle with the Walt Disney Co.

Discussion: @rfaughnder

CNBC:
Source: Nelson Peltz has sold his full Disney stake; in April, Peltz' Trian Partners lost a proxy battle after trying to elect Peltz and Jay Rasulo to the board

Discussion: New York Times, Axios, The Ankler, 24/7 Wall St., Business Insider, Yahoo Finance, The Hollywood Reporter, The Wrap, Deadline, Gizmodo, Reuters and Variety

Charlotte Tobitt / Press Gazette:

Tom Rubin, OpenAI's chief of IP and content, says publisher partnerships are “largely not” about training AI but instead about use of tools and display of news — It is “incumbent” on OpenAI to make sure smaller publishers get the same potential benefits from platforms like ChatGPT …

Discussion: The Atlantic, Windows Copilot News, Vox Media, Bloomberg, The Drum, The Wrap and WAN-IFRA

Thomas Buckley / Bloomberg:

A look at Pixar's missteps since COVID-19: movies were released on Disney+ and key executives departed, leading to a focus on sequels to get back on track — After duds and missteps, the famed animation studio sees Inside Out 2 as key to restoring the magic.

Discussion: Screen Rant, The Hollywood Reporter, ComingSoon.net, @brianstorms@mastodon.social, The Playlist, The A.V. Club and World of Reel

Wall Street Journal:

Sources: Skydance sweetens its Paramount offer, making it more favorable to both voting and nonvoting shareholders and agreeing to put more money into Paramount — Paramount's independent committee of directors is expected to review the new bid soon — Skydance Media has submitted …

Discussion: Reuters, The Wrap, Variety, The Hollywood Reporter, Los Angeles Times and Deadline

Press Gazette:

UK banker Crispin Odey sues the Financial Times for libel over its June 2023 publication of allegations that Odey had sexually assaulted multiple women — Former City banker Crispin Odey is suing the Financial Times for libel after it published allegations that he had sexually assaulted multiple women.

Discussion: Telegraph, Mediaite, London Evening Standard, Financial News, City A.M. and Talking Biz News

Anthony D'Alessandro / Deadline:

Brian Weinstein moves from president and COO of Bad Robot to serving as 3 Arts Entertainment co-CEO and senior adviser to Lionsgate CEO Jon Feltheimer — Former Bad Robot President and COO, Brian Weinstein, is heading over to Lionsgate in what is a dual role: He'll be the Co-CEO …

Discussion: David Nathanson on LinkedIn, Variety, Jessica Pliska on LinkedIn, Media Play News, Walter Delph on LinkedIn, The Hollywood Reporter, The Wrap and Next TV

Peter Beaumont / The Guardian:

A Haaretz journalist reveals Israeli security officials threatened him and blocked his reporting about a Mossad chief's efforts to intimidate an ICC prosecutor — Haaretz journalist was warned of ‘consequences’ if he reported on attempts by Mossad chief to intimidate ex-prosecutor

Discussion: Haaretz, Haaretz, Al Jazeera, @Greengordon@spore.social, @glynmoody@mastodon.social, @ariadne@climatejustice.social and Boing Boing

Daniel Frankel / Next TV:

Virtual MVPD Philo, which carries 70+ entertainment channels and has 1M+ subscribers, raises prices for its Core tier to $28 per month, and adds AMC+ to Core — Sports-free virtual pay TV service is now streaming 70 channels for $28 a month, but it is tacking on AMC+ for free

Discussion: Philo blog, @tvgrimreaper, The Streamable, StreamTV Insider, The Desk and Cord Cutters News

Hayden Field / CNBC:

Sources and docs: Twitch will end the contracts of its current Safety Advisory Council members; the new council will be mostly composed of Twitch Ambassadors — Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC.

Discussion: The Verge and Hayden Field on LinkedIn, more at Techmeme »

Sara Fischer / Axios:

Sources: X and Nexstar's NewsNation plan to host separate live town halls with Trump and Robert F. Kennedy Jr.; the Biden campaign has not agreed to take part — - The Biden campaign has not agreed to take part. — A spokesperson for the Biden campaign declined to comment.

Discussion: New York Times, @sarafischer, Poynter, Washington Post, CNN, NewsNation, The Daily Beast, CBS News and WSVN-TV

Emma Roth / The Verge:

Meta begins rolling out TweetDeck-style customizable feeds on Threads globally, following a test that started earlier this month — Threads is widely rolling out a desktop site redesign that lets you customize your homepage with a series of feeds, similar to TweetDeck.

Discussion: Engadget, @jvlast@threads.net, @threads@threads.net, @mosseri@threads.net, @timfullerton@threads.net, @tlmii@threads.net, @ernie@writing.exchange, @jvlast@threads.net, @threads@threads.net and 9to5Mac, more at Techmeme »

Reuters:

Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance — TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version …

Discussion: Music Business Worldwide and Music Ally, more at Techmeme »

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More News:

Katie Robertson / @katie_robertson:
Memo: WSJ EIC Emma Tucker announces changes in how the outlet covers US news, including closing its East Coast, Midwest, and West Coast regional bureaus

Discussion: Politico, Talking Biz News, @benmullin, @maxwelltani, @benmullin, @katie_robertson and @kantrowitz

The Citizen Lab:
An investigation finds seven Russian and Belarusian journalists and activists who were targeted and/or infected by Pegasus between August 2020 and January 2023

Discussion: Access Now, Committee to Protect …, @Xeniax@mastodon.ml, @citizenlab@mastodon.social, The Guardian and Bloomberg

The Hollywood Reporter:
Reality TV is facing a slowdown as jobs become scarce, budgets get crunched, and executives take fewer risks, coming as a surprise to some industry insiders

Discussion: Becca Gross on LinkedIn and Steve Katz on LinkedIn

Daniel Frankel / Next TV:
A survey of 2,008 US adults who identified themselves as “sports viewers”: 42% are likely to subscribe to Venu Sports, assuming a price point of $35-$40/month

Discussion: Horowitz Research, Horowitz Research, Media Play News, The Streamable and The Desk

Annie Aguiar / Poynter:
Q&A with Kira Lerner, democracy editor at the Guardian US, on trying to avoid stories that play on people's fears, focusing on service journalism, and more

Discussion: @kira_lerner and Poynter Institute on LinkedIn

Earlier Picks:

Rebuild Local News:
Illinois legislators included in their budget new tax credits for newsrooms that hire or retain local reporters, allocating $25M over five years, and more

Discussion: Local News Initiative, @deanstarkman, @laurenwreports, @michellemanafy, @jimfriedlich, @jpalfrey, News/Media Alliance, The NewsGuild, @rebuild_news, @alexajurado6, @stevenwaldman, @stevenwaldman, @stevenwaldman, Associated Press, Illinois State Senator … and Rebuild Local News

Katie Campione / Deadline:
Sources: writers at iHeart's 100-member podcast unit prepare to strike if a contract deal isn't reached by the end of May; they unionized 2+ years ago

Discussion: @iheartpodunion and @iheartpodunion

Jessica Toonkel / Wall Street Journal:
Sources: Netflix is developing new music-competition shows similar to The Voice, to expand the breadth of its programming with brand-safe, family-friendly TV

Discussion: @asharma, @jtoonkel and @theonlyjdb.bsky.social

Steven Lee Myers / New York Times:
Researchers: an ex-Florida deputy sheriff who received asylum in Russia is behind a growing network of 160+ fake news sites mimicking US, UK, and French outlets

Discussion: Associated Press, Media Nation, Sun-Sentinel, Florida Politics, @spaceyg, @recordedfuture, @authorpmbarrett, @davidcorndc, @ecgreaves, The Overspill, @ai6yr@m.ai6yr.org, Sarah Brandt on LinkedIn, Daniel Volker on LinkedIn, Recorded Future on LinkedIn, @WarnerCrocker@mastodon.social, @briankrebs@infosec.exchange and NewsGuard

Mark Gurman / Bloomberg:
Apple is seeking a senior engineer to help build a TV and sports app for Android, a sign the company is bringing its TV+ service to the rival platform

Discussion: Digital Trends, IndieWire, 9to5Google, Lowpass, The Streamable, The Sun, @anni_sen, The Information, BGR, AppleInsider, The Verge and 9to5Mac, more at Techmeme »

From Techmeme:

Emanuel Maiberg / 404 Media:
Figma disables its recently launched generative AI app design tool Make Design, after a user showed it copied Apple's Weather when asked to design a weather app

Mark Gurman / Bloomberg:
Sources: Apple will get an observer role on OpenAI's board, with Phil Schiller chosen for the position, as part of their partnership announced last month

Shaurya Malwa / CoinDesk:
Blockchain platform Polkadot faces criticism from users after spending $36M+ on marketing and outreach in H1 2024, nearly half of its total spend of $87M

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