Top News:
Taylor Lorenz / Taylor Lorenz's Newsletter:
The Tenet Media case highlights both the lack of transparency in the creator economy and the threat this poses to media integrity — We need to know who is funding the creator economy — Yesterday, a federal indictment revealed that a Tennessee media company working with right-wing …
Discussion:
@jvlast@threads.net, Mercury News, Zoe Scaman on LinkedIn, @jvlast@threads.net, @jvlast@threads.net, The Bulwark, @taylorlorenz@mastodon.social, @mastodonmigration …, NPR, @taylorlorenz@mastodon.social, Byline Times, Know Your Meme, @katieboue@threads.net, @taylorlorenz@threads.net and Channel 4 News
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Wired:
An analysis of Tenet Media's videos shows frequent use of terms including “white people”, “Black people”, “civil war”, “Elon Musk”, and “illegal immigrants” — A WIRED analysis shows that right-wing stars like Tim Pool …
Discussion:
@wired, @dmehro, @dmehro, @katiedrumm@threads.net, Axios, New York Post, Washington Post, Fortune, Mediaite and The Hollywood Reporter, more at Techmeme »
Reuters:
YouTube terminates Tenet Media's channel and four channels operated by Tenet owner Lauren Chen — Alphabet's (GOOGL.O) YouTube said on Thursday it was terminating the Tenet Media channel and four channels operated by Tenet owner Lauren Chen, following an indictment from the U.S. Department of Justice.
Discussion:
New York Times, Forbes, NewsBytes and @chickenpuppet.bsky.social
Anna Merlan / Mother Jones:
A Tenet Media contributor tweeted that Tenet “has ended”; its X, Instagram, TikTok, and Rumble pages are online but haven't been updated since the indictment — Nothing to see here! — A contributor for Tenet Media announced on Twitter Thursday night that the company has abruptly shuttered …
Discussion:
NBC News, Nextgov/FCW, Reuters, @taylerusa, @annamerlan, @annamerlan and @researchbuzz@researchbuzz …
Will Sommer / Washington Post:
Most of the six members of Tenet's “talent” team claim they did not know the money they were paid allegedly came from Russia; Lauren Southern has not commented
Discussion:
NBC News, @pkafka@threads.net, Public Notice, @davidfrum, @anneapplebaum, @davidfrum, @anneapplebaum, @urbanachievr, @taylorlorenz@threads.net, Adweek, Crikey, @renee.diresta@threads.net, @crumbler@threads.net, @drewharwell@threads.net, Fox News, Chicago Sun Times, @renee.diresta@threads.net, @angiebaby@mas.to, Bloomberg, The Daily Beast, The Wrap, Boing Boing and The Guardian
Ben Smith / Semafor:
Blaze Media's CEO says it has ended its contract with BlazeTV contributor Lauren Chen of Tenet Media, which is alleged to have been funded by Russia
CNN:
Source: Tenet Media is the Tennessee-based company the US DOJ alleges was being funded by Russia; Benny Johnson and Tim Pool say they were victims of the scheme
Discussion:
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Christopher Palmeri / Bloomberg:
Sources: Shari Redstone will get $180M in severance and other benefits on top of $350M from the sale of her 20% stake in National Amusements — Shari Redstone, chair of Paramount Global, will get $180 million in severance and other benefits on top of hundreds of millions from the sale …
Discussion:
Advanced Television, Quartz, Financial Times and Reuters
RELATED:
Christopher Palmeri / Bloomberg:
FCC filing: Larry Ellison will own 77.5% of Paramount Global parent company National Amusements after his son David completes Skydance's Paramount acquisition — Paramount Global, the parent of CBS, will be controlled by software billionaire Larry Ellison after a group led by his son David completes …
Ryan Browne / CNBC:
The UK CMA objects to Google's ad tech practices, and says Google's “self-preferences” on its own ad exchange harms competition, advertisers, and publishers — LONDON — Britain's competition watchdog on Friday issued a statement of objections over Google's ad tech practices …
A.G. Sulzberger / Washington Post:
US politicians could curtail the free press using tactics common among some foreign leaders, but the press must resist being baited into taking a political side — Some foreign leaders have ruthlessly curtailed journalism. U.S. politicians could draw from their playbook.
Discussion:
Poynter, Dan Gillmor, Axios, American Press Institute, New York Times, @taylorlorenz@threads.net, @taylorlorenz@threads.net, @nxthompson, @froomkin, @scarylawyerguy, @albertemartinez, @maloney4nassau, @robertbalkovich, @robertbalkovich, @jeffjarvis, @jeffjarvis, @robertbalkovich, @jeffjarvis, @bgrueskin, @brucewilson, @brianstelter, @nytimespr, @mbrauchli@threads.net, The Hill, Adweek, Cristina Tardáguila on LinkedIn, Newsbusters, Warwick Sabin on LinkedIn, Anne Applebaum on LinkedIn, Nicholas Thompson on LinkedIn, @davmicrot@threads.net, @tomgara@threads.net, @kevinmkruse@threads.net, Campaign Trails, CNN, Mediaite, @dangillmor@mastodon.social, @KathyLK@universeodon.com, @SohanDsouza@mstdn.social, @mastodonmigration …, Fox News, @edmundlee@threads.net, Media Nation, @brianstelter@threads.net, @dankennedy_nu@journa.host, @jackcarterbenjamin …, @WarnerCrocker@mastodon.social and r/Journalism
Jake Lahut / Columbia Journalism Review:
The decline of local news has made it harder for political campaigns to connect to locals and forced them to run on national issues to get cable news attention — At a post-Memorial Day event earlier this year, Elissa Slotkin, one of the nation's top Democratic candidates for US Senate …
Sarah Scire / Nieman Lab:
The INN approved 48% of newsrooms that applied for its membership in 2023, as others failed to meet its standards which include prohibitions on “dark money” — Here's a nugget from the Institute for Nonprofit News that might come up as we creep ever closer to the 2024 elections.
Ben Werdmuller / Werd I/O:
Meta not disclosing which select creators it pays to post on Threads undermines trust in everyone's motivations, as users assume others are “engagement farming” — Yesterday the Internet Archive lost its appeal in the digital lending case it's been fighting for the last few years.
Discussion:
@willoremus@threads.net, @jampacksam@threads.net, @scojjac@threads.net, @ben.werdmuller@threads.net, @guillecummings@threads.net, @jenvalentino_nyt@threads.net, @joanwestenberg@threads.net, @katienotopoulos@threads.net, @baldur@toot.cafe, @alterelefant@mastodontech.de, @CWSmith@social …, @shansterable@c.im, @BigAngBlack@fosstodon.org and @matt@oslo.town, more at Techmeme »
Kaya Yurieff / The Information:
Filing: OnlyFans revenue rose 20% YoY to ~$1.31B for the FY ending November 2023; creator accounts grew 29% YoY to ~4.1M and gross payments reached $6.6B — OnlyFans revenue rose 20% to about $1.31 billion for the fiscal year ending November 2023, compared to the previous year.
Discussion:
Variety, The Guardian, Fortune, Forbes, @ballmatthew and @jimwaterson, more at Techmeme »
Jake Kanter / Deadline:
In a financial report, All3Media declares a £90.3M cash injection from RedBird IMI, which bought the British production company for £1.15B in February 2024 — All3Media disclosed the liquidity boost in its first set of earnings since being acquired for £1.15B by RedBird IMI …
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