Top News:
New York Times:
James Murdoch's Lupa Systems acquires around 50% of Vox Media, including its podcast network, New York magazine, and Vox.com, sources say for $300M+ — James Murdoch is acquiring roughly half of Vox Media, a dramatic expansion in American media for the younger son of the media mogul Rupert Murdoch.
Discussion:
Mediaite, Wall Street Journal, The Guardian, Reuters, Axios, Vox Media, Press Gazette, Business Insider, The Wrap, Forbes, Sydney Morning Herald, Front Office Sports, NewsMax.com, Washington Post, Aftermath, Showbiz411, The Information, Newser, @sarafischer, Politico, @benmullin, @sherman4949, @tcarmody.bsky.social, @jtes, @jeremymbarr, @pkafka, @seanokane.bsky.social, @benmullin, @newsguyusa@flipboard.social, Bloomberg and The Hollywood Reporter
RELATED:
Todd Spangler / Variety:
Properties not included in the Lupa-Vox deal, including The Verge and Eater, will operate under a new independent company led by Vox president Ryan Pauley — Murdoch's company has agreed to acquire New York Magazine, the Vox Media Podcast Network and Vox.com. Terms of the deal weren't disclosed.
Discussion:
New York Post, Adweek, TVNewsCheck, CNN, Forbes, @lpjr.bsky.social and Vox Media
The Guardian:
Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use — Granta publisher says ‘perhaps we never will know’ true authorship of work that won Commonwealth prize
Discussion:
ArtReview, Commonwealth Foundation, @peterrenshaw@ioc.exchange, Lawyers, Guns & Money, UnHerd, @krishnanrohit, @krishnanrohit, @mushtaqbilalphd, @kirstenbakis.com, @krishnanrohit, @krishnanrohit, Wired, Granta, Telegraph, Vulture, The Free Press, @vajra.me, @vajra.me, @vajra.me, The Bookseller, Literary Hub, @vajra.me, @kjcharleswriter.com, @john-self.bsky.social, @kjcharleswriter.com, The Hindu and r/RSbookclub
Oliver Darcy / Status:
Sources: Paramount hopes to close its acquisition of WBD by July 15, a far more ambitious timeline than Paramount has publicly telegraphed — Paramount is hoping to close its deal to acquire Warner Bros. Discovery much sooner than the company has publicly stated, Status has learned.
Alex Weprin / The Hollywood Reporter:
Roku launches a creator hub with licensed creator content and programming from partners like Peacock and HBO Max, alongside new FAST channels from top creators — Roku will also expand its licensing of creator content, its content chief tells THR. — Roku is making a big bet on creator content …
Discussion:
Tubefilter, TV Tech, TheDesk.net, Charlie Walters on LinkedIn, Roku, Realscreen, Cord Cutters News, The Streamable and Media Play News
Todd Spangler / Variety:
Jeff Bezos says Amazon MGM Studios' decision to acquire and release Melania “was a good business decision”, denying that it was “a way of buying influence” — Jeff Bezos insists that Amazon MGM Studios' decision to acquire and release “Melania,” a documentary about the First Lady …
Discussion:
The Wrap, CNBC, Mediaite, The Guardian, The Hill, Consequence, @fangsbites.bsky.social, New Republic and The Hollywood Reporter
Ivan Mehta / TechCrunch:
Stability AI releases a new family of audio models called Stable Audio 3.0 that is trained on licensed data; the top model can generate six-minute songs — Stability AI, the company behind Stable Diffusion, is releasing a new family of audio models, called Stability Audio 3.0.
Discussion:
Billboard, Crypto Briefing and Stability AI, more at Techmeme »
Sanuj Bhatia / Android Central:
Google adds a conversational search feature to YouTube and rolls out the new Gemini Omni model in YouTube Shorts Remix and the Create app — Seriously, who is asking for all these tools? … What you need to know — Ask YouTube now supports conversational searches instead of relying only on simple keywords.
Discussion:
The Verge, WinBuzzer, campaignlive.com, WeRSM, Business Standard, @revealinglight.bsky.social, TechCrunch, @neillyleftistcook.bsky.social, @jordo.bsky.social, PhoneArena, Pocket-lint, CNET, Mashable, Neowin, Tom's Guide, Search Engine Journal, 9to5Google, YouTube Official Blog, Axios and Engadget, more at Techmeme »
Nate Silver / Silver Bulletin:
A look at Disney's 10-year mismanagement of FiveThirtyEight as Nate Silver says Disney is refusing to negotiate with him about restoring the site's archive — Nothing on the internet lasts forever. But Disney's 10-year mismanagement of FiveThirtyEight is its own story.
Discussion:
@natesilver538, Ben Welsh on LinkedIn, Awful Announcing, Mediaite and FlowingData
Jake Kanter / Deadline:
Audio from an all-hands: BBC's new DG Matt Brittin said he wants to use data to build a “sat nav around bias” and iPlayer is not doing a “good enough job” — In his first address to staff on his second day in office, former Google executive Matt Brittin said that he wanted …
Discussion:
Telegraph
Axios:
A look at the sale prices of digital media companies: BuzzFeed sold ~86% below its peak valuation; Vice, Mic, and Food52 all sold over 90% below their highs — Digital media companies that waited too long to sell all or parts of their businesses saw their final sale prices plummet from their peak valuations.
Discussion:
Business of TV and UnHerd
Ted Johnson / Deadline:
YouTube partners with the Television Academy to stream the Sports and News & Documentary Emmys; sports will be on May 26 and news and documentary on May 27-28 — YouTube will partner with the National Academy of Television Arts and Sciences to stream next week's Sports and News and Documentary Emmys.
Discussion:
Awful Announcing and Amy Schmelzer on LinkedIn
