Top News:
Sara Fischer / Axios:
The Atlantic and Vox Media sign multi-year licensing and product deals with OpenAI; The Atlantic plans an experimental Atlantic Labs with OpenAI tech — - The Atlantic has been publishing content since 1857. … - Both agreements also allow OpenAI to tap into the respective publishers' current content …
Discussion:
Engadget, Vox Media, The Atlantic, @stephentotilo, @quillmatiq@threads.net, @edmundlee, The Hill, @tomwarren, The Drum, @kylie.robison@threads.net, @vox_union, VentureBeat, @dandock.bsky.social, @edmundlee, The Wrap, The Hollywood Reporter, The Information, @vox_union, @reckless1280@threads.net, Bloomberg, @daveleebbg@threads.net, @jbillinson@threads.net, @jeffjarvis, @chrismvasq.bsky.social, @nxthompson, @xpangler, The Verge, @rafat, Variety, @attackerman.bsky.social, @dandock.bsky.social, @emilybell, @openai, @nkulw, @tsuvik and @pranavdixit, more at Techmeme »
RELATED:
CNBC:
Source: Nelson Peltz has sold his full Disney stake; in April, Peltz' Trian Partners lost a proxy battle after trying to elect Peltz and Jay Rasulo to the board — Activist investor Nelson Peltz has sold his entire stake in Disney, according to a person familiar with the matter.
Discussion:
New York Times, Variety, Reuters and Gizmodo
Tania Ganguli / New York Times:
A look at the future of TNT's Inside the NBA, which started in 1989 and hired Charles Barkley in 2000, after WBD did not secure NBA rights beyond next season — Next season could be the last for TNT's influential and beloved studio show, and Charles Barkley, for one, will not be going quietly.
Discussion:
Awful Announcing, New York Post, Fox News, The Hill, Barrett Media, Ian Rapoport on LinkedIn, @taniaganguli and USA Today
Bloomberg:
Sources: Sony is working with another investor to buy Queen's music catalog, including merchandising and other businesses, in a deal potentially worth ~$1B — - The talks are ongoing and may not result in a deal for songs — Sony Music in talks with another investor about the purchase
Discussion:
Billboard, New York Post, @lucas_shaw, Lucas Shaw on LinkedIn and Music Business Worldwide
The Guardian:
News Corp Australia reorganizes its mastheads into free, subscription-based tabloids, and prestige titles, and lets go of news.com.au EIC Lisa Muxworthy — Staff told some people will ‘regrettably leave our business’ as media empire is reorganised into three divisions
Steven Lee Myers / New York Times:
Researchers: an ex-Florida deputy sheriff who received asylum in Russia is behind a growing network of 160+ fake news sites mimicking US, UK, and French outlets — In 2016, Russia used an army of trolls to interfere in the U.S. presidential election. This year, an American given asylum …
Katie Campione / Deadline:
Sources: writers at iHeart's 100-member podcast unit prepare to strike if a contract deal isn't reached by the end of May; they unionized 2+ years ago — EXCLUSIVE: More than two years after unionizing through the WGA East, the writers at iHeartPodcasts still don't have their first deal with the network.
Discussion:
@iheartpodunion and @iheartpodunion
Jim Waterson / The Guardian:
London Evening Standard plans to close its daily paper and launch a weekly, citing £84.5M losses in six years, driven by the Underground adding Wi-Fi and more — Chair Paul Kanareck says newspaper's losses - £84.5m in the past six years - not sustainable
Discussion:
MediaPost, City A.M., @pressgazette, @nickw84, @crankynotions, @aubrey_writes, Deborah Watson on LinkedIn, @profdaveandress, @mrjamesob, @zoenora6, @youngvulgarian, @olifranklin, @chrismsutcliffe, @mattleys, @owenjones84, @mendelpol, Financial Times, Mediaite, Harry Owen on LinkedIn, @sdp, @danhancox, @nigelwuk, @nicolelampert, @anthonypainter, @thewritertype, @eduardosuarez, @jimwaterson, @hugorifkind, @benjaminbutter, @henrycooke, @chrismonk, @jamesrbuk, @josiahmortimer, @stephenpollard, @amarjourno, @sophiasleigh, @ianvisits, Bloomberg, Press Gazette, WWD and National Union of Journalists …
Mark Gurman / Bloomberg:
Apple is seeking a senior engineer to help build a TV and sports app for Android, a sign the company is bringing its TV+ service to the rival platform — - Company is seeking Android engineer to help build new app — It's rare for Apple to develop software for rival platform
Discussion:
The Information, 9to5Google, AppleInsider, The Verge, BGR, Digital Trends, @anni_sen and 9to5Mac, more at Techmeme »
Jessica Toonkel / Wall Street Journal:
Netflix is developing new music-competition shows similar to The Voice as it expands the breadth of its programming with brand-safe, family-friendly content — Netflix is ready to jam. The streaming giant is developing new music-competition shows in the image of long-running broadcast hits like …
Discussion:
Jessica Toonkel on LinkedIn and @theonlyjdb.bsky.social
Rebuild Local News:
Illinois legislators included in their budget new tax credits for newsrooms that hire or retain local reporters, allocating $25M over five years, and more — The State Legislature's budget provisions support local news through employment tax credits, a 120-day delay on selling local newspapers …
Abby Montanez / Robb Report:
Elle plans its first branded residences in Miami, with a 25-story tower featuring 180 units built in partnership with French publisher Lagardère News and others — The 25-story tower will feature 180 turnkey homes ranging from one-bedroom units to penthouses.
Discussion:
@benmazer, @elwasson, @jmrivera02, @thestalwart, @tomgara, @dangerouscorner.bsky.social, @savbrads, @daisandconfused, @ryanbeckwith and @geha714
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