Top News:
April Roach / CNBC:
Bill Ackman's Pershing Square proposes to acquire Amsterdam-listed Universal Music Group for €56B in cash and stock, form a merged company, and list on the NYSE — Activist investor Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal worth about 55.8 billion euros ($64.4 billion).
Discussion:
Billboard, CNN, Pershing Square, Reuters, Wall Street Journal, Fast Company, Australian Financial Review, Music Ally, Benzinga, CBS News, @billackman, Associated Press, @stocksavvyshay, Barron's Online, Proactive, New York Times, The Next Web, The Independent, The Irish Times, The Standard, Music Business Worldwide, The Times, Wall Street Journal, Blockonomi, Variety, Telegraph, The Guardian, Bloomberg, Financial Times, Dow Jones Newswires, The Hollywood Reporter and Deadline
Cheyanne M. Daniels / Politico:
Trump threatens to find and jail the journalist who reported that a US officer was awaiting rescue in Iran last week, unless the journalist reveals their source — Two crew members of the F-15E Strike Eagle had self-ejected from the cockpit on Friday after Iranian military forces struck their plane.
Discussion:
NBC News, The Hill, New York Times, Washington Post, The Guardian, @esaagar, CNN, Fox News, New York Post, @ryangrim, @atrupar, @ryangrim, @lyndagood.bsky.social, Reality Tea, Reuters, The Indian Express, @jeremymbarr, Meidas+, RedState, @scottnover, Newsweek, Freedom of the Press …, The Daily Caller, @mlcalderone, National Enquirer, Straight Arrow News, Deadline, The Daily Wire, Mirror, New Republic, Raw Story, The Wrap, Bloomberg, Mediaite, GB News, The Sun, Alternet.org, Metro.co.uk, NBC Los Angeles and Washington Examiner
David Bauder / Associated Press:
The News Media Guild says more than 120 of the AP staff members it represents received buyout offers on Monday — The Associated Press, one of the world's oldest and most influential news organizations, said Monday it is offering buyouts to an unspecified number of its U.S.-based journalists …
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Sara Fischer / Axios:
The AP plans dozens of US staff cuts with the goal of reducing global staff by <5%, amid a shift from hyper-local print coverage to video and national topics — The Associated Press plans dozens of U.S. staff cuts as part of a broader restructuring away from hyper-local print coverage …
Discussion:
The Hill, Inside Radio, @johnvoelcker.bsky.social, @natebowling.com, @sarahweinman.com, @mimarek@universeodon.com, @ncstories.bsky.social, @climatebrad.hillheat.com, @bymichellersmith.com, @sarafischer, @lawrencehurley.bsky.social, @mattsheffield@mastodon.social, @casmudde.bsky.social, @karenattiah.bsky.social, @hackintimseeley.bsky.social, @juliedicaro.bsky.social, New York Post, Michael Sisak on LinkedIn, @mhwilliams.bsky.social, @megherbst.bsky.social, @sonjadrimmer.bsky.social, TheDesk.net, Reuters, The Wrap and @ndhapple.bsky.social
Michael Schneider / Variety:
CBS is selling its 11:35pm ET timeslot to Byron Allen, who will air episodes of Comics Unleashed starting May 22, after The Late Show With Stephen Colbert ends — As “The Late Show With Stephen Colbert” ends its run next month, CBS has opted to turn its 11:35 p.m. ET post-local news timeslot …
Discussion:
The Hollywood Reporter, CNN, Deadline, TheDesk.net, @rickporter.bsky.social, WUSA, @tomleykis.bsky.social, @matthewkeyslive, Forbes, @justinbaragona.bsky.social, @corbinbolies, @alexweprin, @jbflint, NewsMax.com, @nemalki.bsky.social, @bdomenech, HotAir, @alexweprin, Hollywood Life, @variety, @jeremymbarr, New York Daily News, Fox News, Daily Mail, @jessehawken.bsky.social, TV Insider, MediaPost, Reality Tea, Breitbart, Barrett Media, The Post Millennial, @adamrose.bsky.social, Reuters, New York Post, The US Sun, The Hill, The Daily Beast, ScreenRant, Consequence, TV Insider, E! Online, The A.V. Club, LateNighter, Los Angeles Times, The Wrap, IJR and ME
Nate Silver / Silver Bulletin:
How social media became a “freak show”: X punishes external links and most top accounts, such as Catturd, are very low-quality but get more engagement than NYT — The ecosystem is unhealthy, especially on Twitter, and that's producing some strange beasts among the most influential accounts.
Discussion:
@devahaz, @blueboxdave, @mikeisaac, @robbysoave, @mikeisaac, @ryanburge, @timcast, @davidafrench, @jason_koebler, @christopherrufo, @besttrousers, @alx, @asymmetricinfo, @esjesjesj, @richardhanania, @nntaleb, @stefanfschubert, @notjessewalker, @literaryeric, @richardhanania, @datarepublican, @david_ingram, @clairlemon, @ryanburge, @bretdevereaux, @richardhanania, @nikitabier, @jeremiahdjohns, @jaredlholt, @moultano, @nikitabier, @benryanwriter, @alicefromqueens, @micsolana, @noahpinion, @haroon, @phl43, @razibkhan, @mikeisaac, @jamessurowiecki, @konstantinkisin, @phl43, @david_ingram, @asymmetricinfo, @richardhanania, @richardhanania, @christopherrufo, @akoustov, @akarlin, @yimbyland, @micsolana, @modeledbehavior, @micsolana, @aricohn, @cesifoti, @buccocapital, @modeledbehavior, @mattvanswol, @neeratanden, Fortune, @modeledbehavior, @soncharm, Jay Van Bavel, PhD on LinkedIn, Adam Shapiro on LinkedIn, @natesilver538, @davidu, @paulnovosad, @nikitabier, @jason_kint, @ddiamond, @jason_kint, @zerohedge, @kasparov63, @nkulw, @petersavodnik, @raharrisonpa, @katiemiller, @alanmcole, @elonmusk, @yacinemtb, @alx, @elonmusk, @kareem_carr, @elonmusk, @natesilver538, @crazy_stephen_i, @jonatanpallesen, @catturd2, @juliangough, @ryanradia, @alanmcole, @nikitabier, @natesilver538, @jaybaxter, @natesilver538, @tha_muser, @jamessurowiecki, @catturd2, @natesilver538, @nikitabier, @natesilver538, @natesilver538, @catturd2, @kirkegaardemil, @nikitabier, @nateduncannba, @natesilver538, @bing_chris, @elonmusk, @natesilver538, @jalefkowit@vmst.io, Reason, @jayvanbavel.bsky.social, @timbray@cosocial.ca, @leavex@mastodon.social, @sundersays.bsky.social and @carnage4life.bsky.social, more at Techmeme »
Max Tani / Semafor:
Email: WSJ EIC Emma Tucker praised Fortune's use of AI in its journalism, saying anyone who “thinks it is ‘wrong’, should get out of journalism fast!” — In today's edition: Media battles in Baltimore.
Discussion:
@maxwelltani, @forensicfilms, @mediaevan, @david_slotnick, @nathanheller, @doog, @ethangach, @taylorlorenz, @jamesvgrimaldi, @davidsirota, @nancyayoussef and @tanyachen
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Andrew Webster / The Verge:
Netflix launches Netflix Playground, a games app for kids aged eight and under, in the US, UK, Canada, Australia, the Philippines, and New Zealand — It's called Netflix Playground, and it's out now. … Netflix has made family-friendly titles a key part of its current games strategy …
Discussion:
The Streamable, Netflix Tudum, PhoneArena, Netflix Press Site, Reuters, iPhone in Canada, PCMag, The Hans India, Advanced Television, iThinkDifferent, Tech Times, iDrop News, Just Jared, MediaNews4U, Tech in Asia, iClarified, MobileSyrup, Mumbrella, The Indian Express, Communicate Online, Business Standard, Mashable, The Next Web, Digital Trends, The Mac Observer, How-To Geek, Fast Company, Ukrainian National News, Mediaweek, Cord Cutters News, CNET, Neowin, MacRumors, TechCrunch, 9to5Mac, Thurrott, USA Today, Kidscreen, Variety, The Hollywood Reporter, Los Angeles Times, The Wrap, Media Play News and The Asia Business Daily
New York Times:
Silicon sampling, simulating human polling with AI agents, undermines the very idea of the opinion polls and will only worsen our broken information ecosystem — A recent Axios story on maternal health policy referred to “findings” that a majority of people trusted their doctors and nurses.
Anna Nicolaou / Financial Times:
Sources: AI music startup Suno's licensing talks with UMG and Sony have stalled; labels argue that AI tools like Suno rely on human-made music and should pay — One executive says there is ‘no path’ towards licensing deal under current proposal — Talks over licensing deals between …
Alex Weprin / The Hollywood Reporter:
Kalshi signs a deal with Fox Corp. to integrate its forecasts into Fox News, Fox Business Network, Fox One, and Fox Weather, following deals with CNN and CNBC — The prediction market already has deals with CNN and CNBC. — The biggest prediction market in the U.S. is teaming up with the biggest TV news channel in the U.S.
Discussion:
The Wrap, Kalshi, New York Post and Reuters
Mia Sato / The Verge:
A look at the gold rush for firms claiming to help brands get cited by AI search tools, using tactics like memory manipulation via “Summarize with AI” buttons — Let's pretend you work in IT and you're looking for a new digital service desk platform to help your employees reset passwords or onboard new hires.
David Satin / The Streamable:
Fubo CEO David Gandler announces long-term financial targets following the company's merger with Hulu + Live TV, aiming for $300M in adjusted EBITDA by FY 2028 — The streamer has a solid roadmap to achieve its financial goals, according to CEO David Gandler. — What does the future hold for Fubo?
Discussion:
Business Wire, Yahoo Finance, TheDesk.net, Telecompaper and StreamTV Insider
