Top News:
Todd Spangler / Variety:
WBD shareholders vote to approve Paramount Skydance's deal to acquire the company; in a non-binding vote, they reject compensation packages for David Zaslav — But investors weren't OK with the lavish golden parachutes that CEO David Zaslav and other WBD top brass are set to receive through the merger.
Discussion:
The Wrap, NBC News, New York Times, Business Insider, Financial Times, New York Post, StreamTV Insider, TV Tech, The Guardian, Wall Street Journal, CNN, The Hill, Türkiye Today, Mediaite, Wrestling Inc., The Hollywood Reporter, Broadband TV News, Instapundit, The Wrap, Front Office Sports, The American Bazaar, Barron's Online, UPI, Dow Jones Newswires, Axios, Deadline, Deadline, @kevdgrussing.bsky.social, @froomkin.bsky.social, @rwmead.bsky.social, CNBC, Screen, @angryalgonquin.bsky.social, @karlbode.com, Yahoo Finance, Cord Cutters News, @mayor.nyc.gov, KDFX-TV, Media Play News and WPXI-TV
Michael S. Schmidt / New York Times:
Source: the FBI investigated NYT reporter Elizabeth Williamson after she wrote about Kash Patel's use of FBI staff for his girlfriend's security — The bureau said it is not pursuing a case, but the scrutiny is an example of the Trump administration weighing whether to criminalize routine news gathering.
Discussion:
The Guardian, Associated Press, CNN, Freedom of the Press …, The Hill, Crypto Briefing, @housejudiciary, The Wrap, Mediaite, The Week, Deadline, Raw Story, Talking Points Memo, @saletan.bsky.social, Joe.My.God., The Independent, @thesteadystate.org, Poynter, New York Sun, @joelpollak, MS NOW, @freedomofpress, @furkangozukara, @furkangozukara, @therickwilson, @markszaidesq, @samstein, @_williamsonben, @repmgs, @jamessurowiecki, @jamessurowiecki, @aaronterr1, @davidfolkenflik, @willatfire, @tedlieu, @jimstewartson, @dfriedman33, @nytimes, @aaronblake, @skinnerpm, @senschumer, @sarahlongwell25, @kylegriffin1, @asfleischman, @_ericaknight, @jeremymbarr, @fritschner, @_williamsonben, @nytmike, @cdarwin@c.im, @bgrueskin.bsky.social, @juliannemcshane.bsky.social, Boston.com, Charleston Daily Mail, @markharris.bsky.social, @scanlon.house.gov, @serendipityinfl.bsky.social, @demsocialistguy.bsky.social, @marypcbuk.bsky.social, @wessaidwords.bsky.social, @evanrobertsondc.bsky.social, @annmlipton.bsky.social, @markfollman.bsky.social, @girlsreallyrule.bsky.social, @joshsternberg.com, @doncochraneyow.bsky.social, Raw Story, @freedom.press, @froomkin.bsky.social, @willsommer.bsky.social, @qjurecic.bsky.social, @newsguy.bsky.social, Political Wire, New Republic and The Indian Express
Joe Flint / Wall Street Journal:
Filing: the NFL met with the FCC on Friday to defend the league's media rights strategy and said 87% of games are primarily aired for free on broadcast TV — League defends media-rights dealings as federal regulators investigate migration to streaming — As federal regulators scrutinize …
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Wall Street Journal:
Sources: DOJ officials met with broadcast-TV operators to discuss sports' migration to streaming, part of an antitrust probe into the sports-media marketplace — Antitrust officials and broadcast station owners discuss the Sports Broadcasting Act under investigation
Discussion:
TVNewsCheck, Front Office Sports, Reuters, Barrett Media and Sports Media Watch
Brian Steinberg / Variety:
Comcast: Q1 media revenue, which includes NBCU, rose 61% YoY to $7.28B due to the Olympics and the Super Bowl, and domestic ad revenue rose 135% YoY to $3.45B — What kind of business tightrope are media companies walking in 2026? Comcast generated an extra $2.2 billion due …
Discussion:
AdExchanger, Front Office Sports, Sports Business Journal, The Hollywood Reporter, Bloomberg, Deadline and Yahoo Finance
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Lillian Rizzo / CNBC:
Comcast reports Peacock's Q1 revenue rose 71% YoY to $2.1B, the quarterly loss rose to $432M from $215M a year prior, and subscribers increased 12% YoY to 46M — Comcast topped Wall Street's revenue and earnings estimates for the first quarter on Thursday, lifted by NBC's sports slate …
Discussion:
MediaPost, Benzinga, Morningstar, Blockonomi, Yahoo Finance, The Wrap, The Streamable, Media Play News, Cord Cutters News, Reuters, Barron's Online and Light Reading
Fernando Cardoso / Reuters:
Brazil's antitrust watchdog approves a plan to deepen investigations into Google's use of journalistic content over potential abuse of its market position — Brazil's antitrust watchdog CADE approved on Thursday a recommendation to deepen investigations into the use of journalistic content by Alphabet's …
Discussion:
Conselho Administrativo … and valorinternational
Winston Cho / The Hollywood Reporter:
A former executive for MrBeast, Lorrayne Mavromatis, has sued the company, claiming sexual harassment, wrongful firing after maternity leave, and more — Lorrayne Mavromatis alleges female employees were subject to comments about their appearance from company leaders. Beast Industries has denied the claims.
Kyle Jahner / Bloomberg Law:
Music publishers including UMG, Warner Music, and Sony drop a copyright suit against Verizon following a SCOTUS decision limiting ISP liability in Cox's suit — Publishers representing the bulk of the music industry dropped a copyright lawsuit against Verizon Communications Inc. over music piracy …
Discussion:
Music Business Worldwide and Digital Music News
Amy Thomson / Bloomberg:
Filing: Netflix plans a $25B share buyback, adding to a Dec. 2024 program that still has $6.8B for purchases; NFLX is down 13% since its Q1 earnings on April 16 — Netflix Inc. announced plans to buy back $25 billion in stock after the company's shares dropped following a weak financial outlook.
Discussion:
The Ankler, The American Bazaar, The Information, Benzinga, Dow Jones Newswires, EasternEye, Watcher Guru, Deadline, The Hollywood Reporter, Variety, Channel NewsAsia, The Wrap, Yahoo Finance, The Next Web, Wall Street Journal, Reuters, Sherwood News and Anadolu Ajansı …, more at Techmeme »
Anna Koslerova / The Guardian:
Journalists at the Czech Republic's public broadcasters threaten to strike over plans to scrap license fees and move TV and radio funding to state control — Government aims to move TV and radio funding under state control, which critics say undermines independence
Discussion:
Reuters
Gil Kaufman / Billboard:
Spotify celebrates its 20th anniversary with a first-ever list of its 20 most streamed artists, albums, songs, podcasts, and audiobooks — But who else made the cut? … It was 20 years ago today that Spotify began to play. And to mark the streaming service's big anniversary …
Discussion:
iPhone in Canada, Spotify, Associated Press, The Sun, Forbes, UPI, Barrett Media, The Hollywood Reporter, Thurrott, Mashable, RTÉ, MobileSyrup, Just Jared and Deadline, more at Techmeme »
Peter Beaumont / The Guardian:
Israel strikes in Lebanon kill journalist Amal Khalil, making her the ninth journalist killed in the country this year — Lebanese PM calls attack a ‘war crime’ as Amal Khalil's death prompts fresh claims over targeting of media workers — Israel's killing of a prominent Lebanese journalist …
Lauren Forristal / TechCrunch:
Beehiiv rolls out metered paywalls, paid trials, AI analytics, and webinars for 10K people, and says it has 50K+ active users and hit $28M+ in ARR in April — It's been clear for a while that Beehiiv wants to be more than just a newsletter platform. The L.A.-based company announced a slew …
Discussion:
@denk_tweets and Digiday
Adam Lucente / AL-MONITOR:
Kuwait acquits journalist Ahmed Shihab-Eldin following 52 days' detention after he shared footage of damage resulting from the Iran war — The American-Kuwaiti journalist is expected to be released after 52 days in custody over posts about wartime damage. — American-Kuwaiti journalist …
Discussion:
The Guardian, New York Times, MS NOW, Drop Site News, @liamjscott, @cpjmena, Zeteo, HuffPost and Committee to Protect …
