Top News:
Todd Spangler / Variety:
Byron Allen is taking a majority stake in BuzzFeed, investing $120M, and will become CEO; Jonah Peretti will move to a new role as president of BuzzFeed AI — BuzzFeed announced it has entered into a transaction agreement with Allen Family Digital, an affiliate of Byron Allen's family office …
Discussion:
Radio & Television …, New York Times, The American Bazaar, Yahoo Finance, Axios, BuzzFeed, The Guardian, Blockonomi, @jacobkleinman, @martinshkreli, @wesyang, @edels0n, @pkafka, @gerrickkennedy, @matthewkeyslive, @rafat, Benzinga, @shakeelhashim, @highyieldharry, @mattbelloni, @martinshkreli, Newser, @matthewkeyslive, @matthewkeyslive, @dylanbyers, @benmullin, @alexweprin, Business Insider, Mumbrella, Dow Jones Newswires, Reuters, Baller Alert, Wall Street Journal, TheGrio, The Wrap, The Information, Pulse 2.0, Just Jared, Deadline, Bloomberg and The Hollywood Reporter
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Sarah Fielding / Fast Company:
BuzzFeed's shares jump 130%+ following the deal with Allen Family Digital; BuzzFeed plans to set up BuzzFeed Studios and Tasty as a new independent entity — Allen will become CEO, while founder Jonah Peretti will transition to a new role. BuzzFeed shares had been trading at under a dollar for most of 2026.
Discussion:
Yahoo Finance, The Information, Los Angeles Times and The A.V. Club
Wall Street Journal:
Sources: Trump privately complained to acting AG Todd Blanche about media leaks tied to the Iran war; the WSJ has received subpoenas for records of reporters — President Trump privately complained to acting Attorney General Todd Blanche about media leaks in the wake of the Iran war last month …
Discussion:
Media Nation, The Hill, CNN, CBS News, Washington Examiner, Committee to Protect …, Freedom of the Press …, Deadline, Talking Points Memo, New York Times, @brianstelter, @rebeccaballhaus, @farhip, Asia Times, @brianstelter, @brianstelter, @brianstelter, The Wrap, @emptywheel.bsky.social, NewsMax.com, Raw Story, Mediaite and @froomkin.bsky.social
Scott Nover / Washington Post:
President Trump nominates Kari Lake, whom he tasked with dismantling USAGM and VOA, as US ambassador to Jamaica; a judge ruled in March she illegally ran USAGM — Lake was tasked with dismantling the U.S. Agency for Global Media and Voice of America, and became embroiled in contentious legal battles.
Discussion:
The White House, KJZZ, The Daily Beast, The Guardian, The Atlantic, Crooks and Liars, MS NOW, New York Times, Breitbart, Arizona Republic, @drewharwell.com, Axios, Deseret News, @savevoa.bsky.social, Washington Examiner, NewsMax.com, @scottnover.bsky.social, U.S. Home, CNW Network, The Hill, Politico, Raw Story and The Gateway Pundit
Max Goldbart / Deadline:
Ofcom is investigating GB News over a Trump interview from November for “due impartiality and material misleadingness”, after initially declining to investigate — Ofcom will probe GB News over a Donald Trump interview after all. — The UK regulator, which has been in something …
Merin Curotto / Observer:
Film critic Rex Reed, who was known for his distinctive prose and wrote for six decades for major publications, including The New York Observer, dies at 87 — The last time I saw Rex Reed in person was at NewYork-Presbyterian Hospital on January 12, 2026. His longtime friend William Kapfer …
Luke Barr / ABC News:
The US DOJ charges Eileen Wang, the mayor of Arcadia, CA, with acting as an illegal foreign agent for China; Wang worked on a website called U.S. News Center — Eileen Wang agreed to plead guilty, the Justice Department said. — City of Arcadia, councilmember, Eileen Wang attends …
Discussion:
RedState, Time, The Daily Caller, IJR, The American Bazaar, Blaze Media, @roofkorean7, @msmelchen, @vxunderground, @trhlofficial, @ayo_platano, BizPac Review, @oliverjia1014, @jaybefaunt, @adamkjohnston, Associated Press, New York Times, The Daily Wire, Reuters, UPI, KTVU-TV, Breitbart, CBS News, NBC News, Townhall, SFGATE, Fox News, ZeroHedge News, U.S. Home, Courthouse News Service, San Francisco Chronicle, Washington Examiner, NBC Los Angeles, GV Wire, The Gateway Pundit, The Post Millennial, Ace of Spades HQ, KTLA, ABC7, US Department of Justice, Los Angeles Times and New York Post
Sara Fischer / Axios:
CNN launches the CNN Weather app, its first standalone lifestyle product since its digital strategy overhaul in 2025, available for free to iOS users in the US — CNN on Tuesday launched its new weather app in the U.S., marking its first standalone lifestyle product since management overhauled digital strategy last year.
Discussion:
Ryan Struyk on LinkedIn, Cord Cutters News and @sarafischer
Jake Kanter / Deadline:
ITN CEO Rachel Corp steps down with immediate effect after nearly four years at the UK news producer, replaced by Ian Rumsey; her exit shocked colleagues — Rachel Corp, the chief executive of storied British news producer ITN, is stepping down with immediate effect after nearly four years.
Discussion:
The Independent, C21Media, @michaelsavage and Press Gazette
Jess Weatherbed / The Verge:
Spotify celebrates its 20th anniversary with a Wrapped-like experience that features “never-before-shared data” going back to when users first joined Spotify — The company will include ‘never-before-shared data’ as part of its 20th anniversary celebrations.
Discussion:
Billboard, Variety, TechCrunch, PCMag, Rolling Stone, WeRSM, Dexerto, Mashable, 9to5Google, Fast Company, Engadget, NME, CNET, MobileSyrup, TechRadar, T3, Business Insider, Spotify, 9to5Mac, The Indian Express, Newsweek, @spotify and The Independent
Todd Spangler / Variety:
Netflix launches a website saying it has invested $135B+ in films and TV over the past decade, contributing $325B+ to the global economy and creating 425K+ jobs — What's good for Netflix is... good for the world? — In January 2016, the streaming giant expanded its service …
Eliot Chen / The Wire China:
Six years after a US-China tit-for-tat cycle of journalist expulsions, the number of US journalists in China is dwindling, making it harder to cover the country — When President Donald Trump travels to China next week for his summit with Xi Jinping, a swarm of reporters will accompany his entourage.
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