Top News:
Benjamin Mullin / New York Times:
Bryan Cranston, Joaquin Phoenix, and 1,000+ writers, actors, and directors sign a letter opposing Paramount's WBD bid, warning it cuts jobs and audience choice — The letter warns that the deal will result in fewer jobs for creatives, along with higher costs and less choice for audiences.
Discussion:
The Hollywood Reporter, Variety, DDF, The Wrap, Benzinga, RTÉ, IndieWire, Mediaweek, Gizmodo, Future Film Coalition, Reuters, LAmag, Cord Cutters News, @benmullin, Business Insider, New York Post, Washington Examiner, Rolling Stone, Telegraph, @dave1agar.bsky.social, NBC News, The Hill, Media Play News, Deadline, Bloomberg, The Contrarian and Deseret News
RELATED:
Scott Roxborough / The Hollywood Reporter:
A look at Saudi Arabia's ambitious push into Hollywood, sources say including contributing ~$12B for Paramount's WBD acquisition, as part of a soft power game — The Saudis are pouring $24 billion into the Ellisons' Warner Bros. megamerger — and that's just the latest move …
Discussion:
@frydawolff.bsky.social and WWD
Corinne Ramey / Wall Street Journal:
A US judge dismisses Trump's $10B defamation suit against WSJ over an article asserting Trump's name was on a 2003 letter to Epstein, but says Trump can re-file — The president alleged an article about a bawdy Epstein birthday letter was defamatory — A federal judge on Monday dismissed …
Discussion:
New York Times, The Guardian, Associated Press, Reuters, NBC News, BBC, ABC News, @benmullin, Financial Times, TMZ.com, Raw Story, Fox News, Salon, Lawyer Monthly, All Rise News, Washington Examiner, @paulthedogman.bsky.social, Reason, Axios, Washington Post, UPI, Straight Arrow News, Washington Times, Us Weekly, @cbarbermd.bsky.social, The Daily Wire, The Hollywood Reporter, National Review, @dylanbyers, NOTUS, Townhall, @farhip, Le·gal In·sur·rec·tion, International Business Times, 9News, @dylanbyers, @jeremymbarr, @garretthaake, @hugolowell, The Post Millennial, HotAir, The Asia Business Daily, @jeremymbarr, JURISTnews, Business Insider, @mattzeitlin, Breitbart, Newsweek, Digby's Hullabaloo, GB News, TheJournal.ie, The Gateway Pundit, LAmag, @klasfeldreports, RedState, New York Post, MS NOW, CBS News, Variety, WAGA-TV, The Hill, Mediaweek, CNN, MeidasTouch News, Bloomberg, CNBC, @kylegriffin1.bsky.social, The Independent, Politico, Mediaite, The A.V. Club, New Republic and Just Jared
Hanaa' Tameez / Nieman Lab:
A CNTI survey of 43 US “indie info providers” finds only five can fully fund their lifestyle via content creation, while over 50% can't fund it at all — “Journalism isn't immune to the larger trend of the gig-ification of labor.” — There isn't yet a clear playbook …
Discussion:
Center for News …, @dankennedy.net and @tongli.bsky.social
Alexandra Steigrad / New York Post:
Sources: CBS News EIC Bari Weiss and President Tom Cibrowski are at odds over the network's direction; source: Weiss tried to hire Noah Oppenheim, who declined — CBS News' viewership is at an all-time low as editor in chief Bari Weiss and the network's president Tom Cibrowski …
Caroline Davies / The Guardian:
Gary Neville's soccer media group The Overlap acquires Mark Goldbridge's The United Stand and That's Football YouTube channels, a source says for seven figures — Exclusive: Neville has criticised “those bloody YouTubers” - but The Overlap has now acquired channels with 3.7m subscribers for seven-figure sum
TMZ.com:
TMZ officially launches its Washington, DC operations, dubbed TMZDC, with a three-person production team of Charlie Cotton, Jacob Wasserman, and Jakson Buhaj — TMZ DC HEY EVERYONE, WE'RE HERE!!! … Our TMZ DC staff is now ensconced in Washington, D.C. and open for business!
Discussion:
Newsweek, @tmz, @tmz, @jeffjarvis.bsky.social, @mikeisaac, @reporteroriana, Washingtonian and @faduda.bsky.social
Benjamin Mullin / New York Times:
The Economist plans to launch Economist Play, featuring shows hosted by Economist correspondents alongside interviews and debates, in its app this summer — Founded in 1843, the British newsmagazine The Economist has long been an outlier in the news business.
Alice Brooker / Press Gazette:
The Telegraph says its newsletter From the Editor, read by 850K+ people daily, has become its “biggest source” of new paying subscribers one year after launch — Flagship Telegraph newsletter From the Editor has become its “biggest source” of new paying subscribers one year after launch.
Discussion:
Simon Owens on LinkedIn and Simon Owens's Media Newsletter
Isabella Simonetti / Wall Street Journal:
Tucker Carlson partners with Skyhorse Publishing to launch Tucker Carlson Books, an imprint with a slate of titles by high-profile authors like Russell Brand — The imprint is set to include books from Russell Brand, Milo Yiannopoulos and Dr. Patrick Soon-Shiong — Tucker Carlson is getting his own book imprint.
Anthony Ha / TechCrunch:
Nikita Bier: X cut payouts to 60% for aggregators “flooding the timeline” with clickbait, with another 20% cut planned, targeting habitual “BREAKING” posters — X is cutting back on payments to accounts that are “flooding the timeline” with clickbait and rapid-fire news aggregation …
Discussion:
@nikitabier, @realcandaceo, Techpoint Africa, @dom_lucre, @mrandyngo, @patrickwebb, @zguz, @simonowens.bsky.social, @sentdefender, Social Media Today, @sawyermerritt, @petergyang, @mazemoore, @theriffy, @joeymannarino, @roeymiterany, @mylordbebo, @angelabelcamino, @stevesi, @warclandestine, The Guardian, MediaPost, Condia and NBC News
Natalie Korach / Status:
Sources: The Athletic faces internal blowback after rushing to publicly defend reporter Dianna Russini while it had quietly launched a probe into her conduct — The images of the seemingly cozy pair ricocheted across sports media circles, raising immediate questions about the boundaries between journalists and the figures they cover.
