Top News:
Todd Spangler / Variety:
FCC filing: Paramount says the merged Paramount-WBD will be 49.5% owned by foreign investors, with ~38.5% of the equity held by a trio of Middle Eastern funds — Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors …
Discussion:
@douglaslfarrar, Blockonomi, @dylanbyers, @matthewacherry, Financial Times, @chrismurphyct, @leehepner, @staurolitic, Bloomberg, @matthewacherry, @mediaevan, @donwinslow, @amy_siskind, The Hollywood Reporter, @markruffalo, @aravosis, @mikeisaac, Wall Street Journal, @alexweprin, @michaelsozan, The Wrap, Deadline, Media Play News, @jekranzberg.bsky.social, Yahoo Finance and Reuters
Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 8% YoY to €4.5B, MAUs up 12% to 761M, above 759M est., and forecasts Q2 operating income below est.; SPOT falls 10%+ pre-market — Spotify Technology SA, the music streaming leader, reported results that underwhelmed Wall Street, forecasting operating income …
Zack Sharf / Variety:
President Trump says “Jimmy Kimmel should be immediately fired by Disney and ABC” over Kimmel's joke about Melania Trump — Just hours after his wife, Melania, wrote in an X post that ABC must “take a stand” against Kimmel and his “atrocious behavior,” Trump took to his Truth Social account …
Discussion:
Jimmy Kimmel Live on YouTube, @realDonaldTrump …, Page Six, Wall Street Journal, TV Insider, Cele|bitchy, Mashable, Dexerto, New York Post, Bloomberg, LateNighter, The A.V. Club, The Wrap, The Asia Business Daily, @pkafka, TMZ.com, IJR, Rolling Stone, Washington Examiner, LADbible, Consequence, DNYUZ, Le·gal In·sur·rec·tion, The Daily Wire, Mediaite, @ellenenders.bsky.social, Newser, @darrenzone.bsky.social, Baller Alert, CNN, The Gateway Pundit, @whoa-magic.lol, NPR, Business Insider, Deadline, Politico, CBS News, Breitbart, Deseret News, Just Jared, New Republic, The Post Millennial, Forbes, KPTV-TV and TheStreet
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Madeline Halpert / BBC:
Melania Trump calls on ABC to “take a stand” on Jimmy Kimmel, after his joke that she has “a glow like an expectant widow” days before the WHCD shooting — First Lady Melania Trump called late-night host Jimmy Kimmel a “coward” after he made a joke calling her an …
Discussion:
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The Guardian:
Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong” — Google also rejects need for reform after Albanese government reveals draft news bargaining incentive scheme
Discussion:
Press Gazette, The Next Web, Türkiye Today, Neowin, Reuters, TV Blackbox, Malay Mail, BMI, France 24, B&T, Mumbrella, AdNews News and Sydney Morning Herald, more at Techmeme »
Alexandra Steigrad / New York Post:
Sources: CBS News ousted London bureau chief Claire Day after clashes with Bari Weiss over Iran, Gaza coverage; Shayndi Raice will lead international coverage — CBS News has ousted London bureau chief Claire Day after she clashed with editor-in-chief Bari Weiss over the network's coverage of Iran and Gaza, The Post has learned.
Discussion:
Status, Poynter, The National Pulse, @dropsitenews, @oliverdarcy.bsky.social, @kevinmkruse.bsky.social, @adhaque110, Variety, @passantino.bsky.social, @joshkraushaar, @passantino.bsky.social, @ggreenwald, @briantashman, @alexsteigrad, Deadline, @justinbaragona.bsky.social and @newsguy.bsky.social
Max Tani / Semafor:
Sources: Axel Springer and Politico execs met with staff after a letter from employees accused Mathias Döpfner of using Politico to promote his political agenda — The Scoop — Executives at Politico and its parent company, Axel Springer, held a meeting on Monday with its journalists …
Discussion:
@elianayjohnson, @maxwelltani, @jonahdispatch and @slowhoneybee
Ben Fritz / Wall Street Journal:
Regal Cinemas charged $50 for opening-night tickets to Dune: Part Three in premium formats, as the industry adopts airline-style audience segmentation — Theaters raising prices for most avid moviegoers despite complaints from Hollywood studios — One of the best selling points of a night …
Discussion:
@dangillmor@mastodon.social, The US Sun and The Independent
The Ankler:
The Ankler is moving from Substack to a new platform with its own site and subscription infrastructure, powered by Automattic and Ben Thompson's Passport — With rapid growth and a broader footprint, Ankler Media launches its own platform to bring newsletters, podcasts, video and events under one roof
Todd Spangler / Variety:
Taylor Swift's TAS Rights Management files applications to trademark the singer's image and “sound marks”, aiming to protect against threats posed by AI — Move comes after similar legal strategy launched by Matthew McConaughey — Taylor Swift has taken a new legal step seemingly aimed …
Discussion:
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Jay Peters / The Verge:
Google launches Ask YouTube, a conversational AI search “experiment” that generates pages with videos and text summaries, for Premium users in the US aged 18+ — ‘Ask YouTube’ is a new way to search that generates an AI Mode-like page of information.
Discussion:
Android Authority, Phandroid, PCMag, Engadget, Digit, Digital Trends and Korea Joongang Daily
Chang Che / New Yorker:
A look at the rise of micro-dramas, minute-long serialized soap operas, in China, and why they may be TV's next frontier as Hollywood studios enter the space — Much of humanity has now watched—or scrolled past—extremely short shows about love and betrayal. How do Chinese companies create them?
Discussion:
@newyorker.com and Media Play News
