Top News:
Jessica Toonkel / Wall Street Journal:
Sources: James Murdoch's Lupa Systems is in advanced talks to buy Vox Media's New York Magazine and podcast division — A deal, which isn't finalized, would go through Murdoch's Lupa Systems investment company — Media investor James Murdoch is in advanced talks to buy Vox Media's …
Discussion:
New York Times, Variety, Reuters, The Wrap, Financial Times, The Hollywood Reporter, Feed Me, Yahoo Finance, @kevintdugan and @claireatki
Nicola M White / Bloomberg:
Elon Musk agrees to pay $1.5M to settle US SEC allegations that he cheated Twitter shareholders in 2022 by not disclosing the 5%+ stake he had in the company — Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders …
Discussion:
Variety, Financial Times, Politico, CNBC, crypto.news, Blockonomi, @elizabethholmes, @fredlambert, ZeroHedge News, Silicon UK, @stanphylcap, StrictlyVC, The Next Web, Deccan Chronicle, Benzinga, US Securities …, @kurtwag8@threads.com, Digit, UPI, Tech in Asia, New York Times, Reuters, Washington Post, The Verge, The Straits Times, The Hill, Engadget, Dow Jones Newswires and Wall Street Journal, more at Techmeme »
Nellie Andreeva / Deadline:
CBS' Tracker is moving production from Vancouver to Los Angeles for Season 4 after receiving a $48M California tax credit, the biggest ever for a series — Its studio 20th Television is currently locking down production facilities in and around L.A., with filming on Season 4 slated to begin in late June.
Discussion:
TV Insider, @mayorofla, @deadline, @schiff.senate.gov, New York Post, Us Weekly, TVNewsCheck, Bleeding Cool News, The Hollywood Reporter, The Wrap and ScreenRant
Todd Spangler / Variety:
Paramount expects “significantly lower theatrical revenue” in 2026 due to lower average box office per film, despite committing to 30 annual releases with WBD — Paramount Skydance has nearly doubled its theatrical-film slate in 2026 — but it will see “significantly” …
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Jason Zinoman / New York Times:
Q&A with David Letterman on his “disbelief” at The Late Show ending, CBS citing financial reasons to cancel it, Byron Allen, his favorite memories, and more — He no longer feels a sense of ownership, but the program's former host has harsh words for the network.
Discussion:
LateNighter, The Guardian, TV Insider, The Hill, @gleick@mas.to and New York Times
Ren LaForme / Poynter:
2026 Pulitzer Prize winners: WaPo for Public Service for its DOGE coverage, The Minnesota Star Tribune for Breaking News, and AP for International Reporting — Details and links to this year's recipients of American journalism's highest honor — The Pulitzer Prize winners …
Discussion:
American Crisis, Washington Post, Deadline, Publishing Perspectives, @sarafischer, Originally Reported …, @robbiegramer, Jason Langsner on LinkedIn, Mediaite, @muyaoshen, @rfriedman305, @sherman4949, @pulitzerprizes, @jeremymbarr, @john_hudson, @bylenasun, @sulliview, @mlcalderone, @seungminkim, @royalpratt, Newsbusters, NPR, Axios, Newser, Los Angeles Times, @chrishowell.com, @ndhapple.bsky.social, New York Times, @poynterinstitute.bsky.social and WDIO-TV
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Jason Nark / The Philadelphia Inquirer:
Miami Herald's Julie K. Brown gets a Pulitzer Prize special citation for her work on the Jeffrey Epstein case, which led to Epstein's arrest in 2019
Discussion:
Media Nation
Ted Johnson / Deadline:
A number of 2026 Pulitzer wins reflected the fallout from President Trump's second term, recognizing coverage of conflicts of interest, ICE raids, and more
Discussion:
Minneapolis Star Tribune, Poynter, Chicago Tribune and Washington Post
Javier Córdoba / Associated Press:
Costa Rican outlet La Nación says the US revoked several board execs' visas without explanation, after critical coverage of President Chaves, a close Trump ally — The United States has revoked the visas of several board executives at La Nación, one of Costa Rica's leading media outlets …
Discussion:
New York Times, @adamisacson.com, @wsjforero, @cpjamericas, @meganjanetsky and @elmundocr
Christiana Sciaudone / A Media Operator:
People Inc. reports Q1 revenue down 2% YoY to $385.7M, adjusted EBITDA down 46% to $43.5M, digital revenue up 8% YoY to $253.2M, unique site visits fell 18% — People Inc.'s overall revenue fell for the first quarter as losses continued at parent company IAC.
Discussion:
Benzinga
Max Tani / Semafor:
Sources: The Dispatch's president, Mike Rothman, leaves after disagreements with founders over direction; the site discussed a potential sale with Axel Springer — THE SCOOP — One of the top leaders at The Dispatch is out amid broader questions about the media organization's future.
Discussion:
@maxwelltani
Oliver Darcy / Status:
Sources: after Ankler's Substack exit, other outlets like The Bulwark, Zeteo, and Feed Me have quietly explored other platforms to grow their businesses — A few months ago, Janice Min, the chief executive of The Ankler, phoned Substack co-founder Hamish McKenzie with some news …
Discussion:
The Wrap
Reuters:
Gyula Balasy, owner of Hungarian media companies that designed Viktor Orbán's campaigns, offers to hand over his companies to the state following Orbán's defeat — One of Hungary's top media players, whose companies have benefited from lucrative state contracts under the outgoing government …
Discussion:
Bloomberg, Budapest Business Journal, The Straits Times, The Japan Times and Just Security
Charlotte Tobitt / Press Gazette:
Six months in, The Nerve, launched by Carole Cadwalladr and four others, has 30K paying and free subscribers, and has hired two journalists and two columnists — The Nerve, the publication launched six months ago by five former Observer journalists including Carole Cadwalladr, is expanding its team.
Alice Brooker / Press Gazette:
Axios says Axios Local will expand from 35 to 43 US cities by 2026's end and paying members more than doubled to 15K since 2025's end, as it seeks profitability — Axios will have a local newsletter in 43 US cities by the end of 2026 as it continues to expand.
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