Top News:
Stephanie Stacey / Financial Times:
Spotify removed 500K+ streams of Malcolm Todd's Earrings after a 70% surge in 24 hours sent it to #1 on Spotify USA and coincided with suspicious Kalshi wagers — Platform removes more than 500,000 streams of Malcolm Todd track ‘Earrings’ on concern traders propelled it to number 1
Associated Press:
After a short-term hold, SCOTUS denies former Fox News reporter Catherine Herridge's bid to stay an $800-a-day fine if she refuses to reveal a source — The Supreme Court on Thursday declined to intervene after a judge ordered a former Fox News reporter to be fined $800 a day if she refuses …
Discussion:
New York Times, TheDesk.net, MS NOW, @freedom.press, Politico, Bloomberg Law, Deadline and r/Journalism
Jessica Toonkel / Wall Street Journal:
A look at Comcast co-CEO Brian Roberts' earlier bundling strategy for connectivity and content, and his plan now to unbundle in order to keep growing — Comcast co-CEO Brian Roberts spent his career building an integrated cable giant. To grow, he now plans to split it apart
Discussion:
Deadline, Barron's Online and Puck
Bloomberg:
Sources: ElevenLabs held early talks with investors on a secondary share sale for staff that would value the startup at ~$22B; it was valued at $11B in February — ElevenLabs has held early talks with investors to let employees sell shares in a secondary offering that would value …
Discussion:
Reuters, more at Techmeme »
Matthew Keys / TheDesk.net:
FCC Commissioner Anna Gomez criticizes the agency's move to dismiss a petition by former FCC members and media advocates challenging the news distortion policy — Anna Gomez, the lone Democratic commissioner at the Federal Communications Commission (FCC), has offered a late public criticism …
Discussion:
Matthew Keys on LinkedIn, TV Tech and Radio & Television …
Angela Fu / Poynter:
Lee Enterprises, which owns the St. Louis Post-Dispatch and more, told its newspapers to run a three-story package on new chairman David Hoffmann on front pages — Some at the company say the unusual request raises questions about editorial independence — As the nation celebrates …
Discussion:
@jasonjoyce.bsky.social, @damon.kiesow.net and @poynterinstitute.bsky.social
Sam Neumann / Awful Announcing:
Missouri's AG office has opened a probe into claims that ESPN NFL Draft analyst Matt Miller paid slowly or not at all to some winners in fantasy leagues he ran — Edit by Liam McGuire, Comeback Media. — The Missouri Attorney General's Office has opened an investigation …
Discussion:
Awful Announcing, New York Post, @awfulannouncing.bsky.social, @bkisfromtx_, @ghost_chief43, @yalltitanup, @bkoo, @collegecrew and Mediaite
Janko Roettgers / The Verge:
A look back at BitTorrent, launched by Bram Cohen 25 years ago, and how media piracy fueled its growth while its architecture shielded it from legal liability — Cath Virginia / The Verge … Twenty-five years ago today, a young, little-known programmer by the name of Bram Cohen fired off …
Alice Brooker / Press Gazette:
The UK CMA is weighing new rules to allow UK app developers to direct customers to payment options outside of Apple and Google's platforms, bypassing their fees — CMA's mobile app requirements allow developers to steer users away from platform-controlled payments.
Discussion:
MediaVoices
Charlotte Tobitt / Press Gazette:
A photographer sues The Daily Mail in New York over “systematic” lifting of thousands of images from social media without permission from copyright holders — US copyright claim says Mail liabilities could run to $10m per year. — The Daily Mail is being sued over alleged …
Discussion:
@josiahmortimer.bsky.social and Bloomberg Law
Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B — China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.
Discussion:
CNBC, The Information, South China Morning Post, Dow Jones Newswires, The Next Web, RuntimeWire and TechNode
Jack Dunn / Variety:
As The Onion relaunches Infowars, a Q&A with comedian Tim Heidecker about becoming its creative director, the launch lineup, conservative caricatures, and more — David vs. Goliath. Rocky Balboa vs. Apollo Creed. The Onion and Tim Heidecker vs. InfoWars and the Texas court system.
