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
Discussion:
Washington Post, The Wrap, Mother Jones, Associated Press, Reality Tea, Al Jazeera, ABA Banking Journal, @justinhendrix.bsky.social, @freedomofpress, CBS News, Vox, NOTUS, Federal News Network, @wedefendthevote.org, NewsMax.com, NPR, GovExec.com, UPI, @jan6risingvoice.bsky.social, New York Times, @socialmedialab.ca, HuffPost, @justiceconnection.bsky.social, NBC News, @karlauerbach@sfba.social, Baller Alert, KTVZ-TV, @justinbaragona.bsky.social, Courthouse News Service, @elfsternberg.bsky.social, Raw Story, Bloomberg, @jcbua.bsky.social, @fightingliberal.bsky.social, @kylegriffin1.bsky.social, @hellishchildren.bsky.social, @kimmasters.bsky.social, @bcfinucane.bsky.social, @michaelsderby.bsky.social, @robertscotthorton.bsky.social, Time, Washington Examiner, @Nonilex@masto.ai, MS NOW, Mediaite, The Hill, Politico and New Republic
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.
Discussion:
Steve Sachs on LinkedIn
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 …
Discussion:
The Wrap, Newhouse School …, New York Times, Wall Street Journal, Associated Press, Bloomberg, BuzzMachine and New Jersey Globe
Axios:
The Mandalorian & Grogu opened to ~$81M over Memorial Day domestically, the lowest Star Wars opening under Disney, yet analysts are hopeful about summer revenue — A disappointing theatrical debut over the weekend for Star Wars' newest film “The Mandalorian & Grogu” …
Discussion:
Collider, Comic Book, IndieWire, Business Insider, New York Post, Breitbart and The Guardian
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.
Discussion:
TVNewsCheck, TheDesk.net, TV Tech, Cord Cutters News, @benmullin, Radio & Television …, Washington …, Barrett Media, The Wrap, Variety, Tegna, The Hollywood Reporter and Reuters
Aysun Bora / Financial Times:
Netflix and other streamers criticize Germany's plans to require streamers seeking subsidies to reinvest between 8% and 12% of sales in Europe as protectionist — Streamer among those criticising proposal as protectionist as government looks to boost industry
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
Discussion:
ABC, Mumbrella, Sydney Morning Herald, Variety and TV Blackbox
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 …
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 …
Discussion:
@mattgertz.bsky.social, Sacramento Bee, @shoe.bsky.social, @karlbode.com, Washington Examiner, New York Post and El País
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
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
