Top News:
Alex Sherman / CNBC:
Sources: Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday, after he lost the trust of controlling shareholder Shari Redstone — Bob Bakish, then president and chief executive officer of Viacom Inc., speaks during the Mobile World Congress Americas event in Los Angeles …
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Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis — Entertainment giant would install a committee of top executives to run an ‘Office of the CEO’ on an interim basis; no decision has been made on Bakish's future
Jessica Toonkel / Wall Street Journal:
Sources: Paramount is planning for what happens if no big deal happens, mulling cutting $2B in costs, selling BET and TV stations, starting a streaming JV, more — The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone's merger plans collide with shareholder fury and a CEO on the outs
Discussion:
@waystarcroixco and @jtoonkel
Elise Morton / Associated Press:
Russia arrests two journalists, Konstantin Gabov and Sergey Karelin, on “extremism” charges for allegedly working for a group founded by the late Alexei Navalny — Two Russian journalists were arrested by their government on “extremism” charges and ordered by courts there on Saturday …
Amanda Silberling / TechCrunch:
Some founders say TikTok ban won't impact creator economy startups much, as they have diversified across multiple platforms after Trump tried banning it in 2020 — ‘Two years ago, this would have been devastating’ — President Joe Biden signed a bill on Wednesday that could ban TikTok — for real this time.
Discussion:
Traackr, TIME, @robertoblake, Polygon and ICYMI, more at Techmeme »
Associated Press:
Large protests outside the annual WHCD event condemned both the Western news' media coverage of the war in Gaza and President Biden's handling of the conflict — An election-year roast of President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents …
Discussion:
C-SPAN on YouTube, Reuters, Variety, Axios, New York Times, Vanity Fair, @cspan, @brianstelter@threads.net, @barakravid, Deadline, @farnoushamiri, @anacabrera, @chuckmodi1, @sullycnbc, @curtishouck, @yarongalai, @cspan, Associated Press, @lukerussert, Deadline, @tarasetmayer, @emiliepfrank, @brianstelter@threads.net, @chuckmodi1, Al Jazeera, @brianstelter@threads.net, C-SPAN on YouTube, @brianstelter, Rolling Stone, Adweek, Newser, New York Times, @cspan, Mother Jones, @farnoushamiri, @curtishouck, @joeygarrison, Mediaite, @brianstelter, @curtishouck, @thebelaaz, @cspan, @chuckmodi1, @shutdown_dc, @curtishouck, Politico, The Hollywood Reporter, Agence France-Presse, Vogue, The Daily Beast, The Wrap and The Hill
Ashley Capoot / CNBC:
Meta, Alphabet, and Snap beat analysts' estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 — A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. — Advertising is so back.
Discussion:
The Verge, Wall Street Journal, The Guardian, Ad Age, MediaPost and Bloomberg, more at Techmeme »
Sammy Gecsoyler / The Guardian:
BBC presenter Liz Bonnin's likeness was used in an ad after the company running the campaign was tricked by a fake, likely AI-generated, version of her voice — Exclusive: Liz Bonnin's face used on insect repellant advert after deal negotiated via WhatsApp and voice notes generated by AI
Discussion:
@sammygecsoyler and Steve Gray on LinkedIn
Reggie Ugwu / New York Times:
A look at the rise in video podcasts, as YouTube leads in podcast consumption in the US and companies invest in video to gain new audiences and boost ad revenue — To some, “video podcasts” are a contradiction in terms. That hasn't made them any less popular.
Discussion:
@uugwuu, @jaimeblack, Michael Rivo on LinkedIn and Ausha, more at Techmeme »
Sharareh Drury / Variety:
An Iranian court sentences rapper Toomaj Salehi to death over songs criticizing the Iranian government; the Recording Academy and others denounced the decision — The Recording Academy, Meek Mill and more artists have denounced Salehi's sentencing. — Iranian rapper Toomaj Salehi …
Discussion:
@recordingacad, @meekmill, @usenvoyiran, @meekmill, @hrw, @smohyeddin, Index on Censorship, @yashar, @un_spexperts, @irandetainees, Jerusalem Post, @repritchie, @mdubowitz, @amnesty, @hosseinronaghi, @ichri, @elicalebon, @indexcensorship, Human Rights Watch, @nufdiran, @jerusalem_post, @jasonmbrodsky, @calisdi, @iophrpress, Yashar Ali, @jakesullivan46, @michael_lipin, @nufdiran, OHCHR, Deadline, The Sun, Reclaim The Net, Rolling Stone and MENASource
Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals — In what will be a landmark move in sports media history, the NBA and Amazon Prime Video have the framework of a deal …
Discussion:
Spyglass, @modestproposal1, @sherman4949, @richarddeitsch, John Weaver on LinkedIn, @jessicalessin, @andrewmarchand, @lisahampton_, The Information, The Streamable, Next TV, Sports Media Watch, TheStreet, Front Office Sports, Yahoo Sports, Barrett Media, UPROXX, Awful Announcing, Adam Epstein on LinkedIn, Bloomberg and Wall Street Journal
Johanna F. Still / The Assembly NC:
Some former staff at StarNews say the Wilmington, NC, daily is diminished under Gannett, as it fades in a death spiral with no clear path to profitability — It was a front page that forever changed Wilmington: “Toxin Taints Tapwater,” splashed in fat, black font.
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