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5:40 AM ET, May 27, 2026

Mediagazer

 Top News: 
Michael Sainato / The Guardian:
The US OPM releases a draft NDA for federal workers to prevent leaks to journalists; the government would be entitled to all “royalties” received from leaks  —  The OPM released a draft NDA designed for federal agencies to use with new and existing employees
Axios:
Sources: Bond Capital is leading a new investment for AI startup Suno, which would value it at ~$5B, up from $2.45B last fall; Suno is expected to raise $250M+  —  Bond Capital is leading a new investment for AI music startup Suno, which would be valued at around $5 billion, Axios Pro has learned.
Sara Fischer / Axios:
Document: The Guardian US reports FY 2026 revenue up 25% YoY to a record $81M and profit up 41% to $34.5M; digital reader donations make up 70.7% of revenue  —  - Digital reader donations make up most (70.7%) of the annual revenues for The Guardian U.S., according to the presentation.
New Jersey Online:
Donald Newhouse, who inherited a media empire, led Advance Publications' newspaper and cable TV divisions, and was Newark Star-Ledger president, dies at 96  —  Donald E. Newhouse, who as President of The Star-Ledger and head of Advance Publications' newspaper group presided over a prolonged period …
Dade Hayes / Deadline:
Tegna names Fox Television Stations veteran Patrick Paolini as CEO; former CEO Mike Steib stepped down in March after Nexstar announced its merger with Tegna  —  Paolini spent 26 years at the Fox stations, including most recently as EVP of ad sales, departing the company last week.
Max Goldbart / Deadline:
Gary Lineker's Goalhanger launches Goalhanger Ventures, an arm to provide infrastructure and funding, and makes an investment in Charlie Tymon's Invisible Media  —  It has also struck a partnership with Backyard Cricket, a sports creator brand.  —  Invisible Media said its videos …
Amanda Meade / The Guardian:
ABC Director of News Justin Stevens is leaving effective immediately after 19 years with the Australian broadcaster, including four years managing ~2,000 staff  —  Managing director Hugh Marks says Stevens made ‘incredible commitment’ to broadcaster over 19 years
Dalton Day / KING-TV:
The WA News Guild, representing workers at four McClatchy papers, held a one-day strike over wages and AI protection; Boise's Idaho Statesman also had a walkout  —  31 workers at four Washington newspapers, including The News Tribune, Bellingham Herald, Olympian and Tri-City Herald, helped organize the one-day strike.
Discussion: Straight Arrow and KTFT
Max Tani / Semafor:
A 2023 California law that requires creators to disclose payments for political ads reveals how paid influencers have radically changed political communication  —  On May 15, the Instagram gossip hub The Shade Room shared a lengthy post to its 28 million followers on Instagram promoting …
Alexandra Heal / Financial Times:
Sources: software-specialist PE firm Hg agrees to acquire Rightsline, whose software helps Disney, the BBC, WBD, and others manage IP licensing, for $500M  —  Acquisition of rights and royalties management company for $500mn comes after plunge in software stocks
Alex Weprin / The Hollywood Reporter:
SpaceX filing: X's ad revenue was $1.8B in 2025, $1.7B in 2024, and $2.3B in 2023, below Twitter's $4B in 2021; X and Grok now have 6.3M active paid subscribers  —  SpaceX's IPO filing reveals ad revenue for X is still below what it was when Musk acquired Twitter, but it is growing again.
 
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 More News: 
Shannon Thaler Cherry / A Media Operator:
ProPublica launches its first in-house podcast, Paper Trail, an audio serialization of past investigations; filing: ProPublica had an $18.5M surplus in 2024
Jess Weatherbed / The Verge:
Spotify launches a library of over 650 narrated long-form magazine articles in English for Premium users; free users can buy articles “individually for $1.99”
Financial Times:
Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” products are superior to unregulated AI “slop”
Charlotte Tobitt / Press Gazette:
ITN rebrands its ITN Archive YouTube channel as Frontline by ITN, with a £3.99-per-month subscription option, and launches two new consumer-facing channels
Discussion: ExchangeWire.com
 Earlier Picks: 
Lewis Parker / Kotaku:
Sources: Valnet issued new “Pay Per Session” contracts to TheGamer staff, including not paying writers if their articles do not exceed a minimum views threshold
Politico:
The US DOJ charges Thomas Pauken II, a US journalist who worked for Chinese state-run news outlets, for allegedly acting as an unregistered agent for China
Lakshmi Varanasi / Business Insider:
X says it is cracking down on large accounts that have been gaming its revenue-sharing program by “programmatically reuploading content from smaller accounts”
Adi Robertson / The Verge:
The US FTC settles with Cox, MindSift, and 1010 Digital Works for $930K over claims they falsely said they could use phone mics to spy on users for ad targeting
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder Kunal Shah as the leader of WhatsApp, replacing Will Cathcart

Wall Street Journal:
Satya Nadella says the public wouldn't tolerate a few AI labs “doing all of the learning for the world”, as Microsoft moves to provide low-cost models and tools

Sarah Basford Canales / The Guardian:
In a rare joint statement, Five Eyes leaders warn AI models capable of taking down governments and businesses are mere months away, urging leaders to “act now”
 
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