Content creators are amassing audiences of thousands on Twitch by covering political news and raising funds for Palestinians, as other platforms eschew politics (Taylor Lorenz/Washington Post)

Mediagazer: Content creators are amassing audiences of thousands on Twitch by covering political news and raising funds for Palestinians, as other platforms eschew politics (Taylor Lorenz/Washington Post)

Top News:

New York Times:

How TikTok influencers helped a self-published author sell 1M+ copies of her book, including ~700K on the TikTok shop, showing how TikTok changed book marketing— Keila Shaheen's “The Shadow Work Journal” shows how radically book sales and marketing have been changed by TikTok.
Discussion:

Ian Rosales Casocot /
@sandwichspy: Everyone trying to figure out how TikTok works for books... https://www.nytimes.com/...

Maddy /
@worrierprincess: this absolutely proves that traditional book publishing is cooked right? right? https://www.nytimes.com/...

Linda Secondari /
Linda Secondari on LinkedIn: This very interesting NYT piece on how a self-published author leveraged TikTok to sell 1M books directly in the US is just another example of how #publishing is changing. …

Washington Post:

Content creators are amassing audiences of thousands on Twitch by covering political news and raising funds for Palestinians, as other platforms eschew politics— Dozens of content creators are leveraging the live streaming app to raise funds for Palestinians, circumventing political content bans on other platforms.

Discussion:
Tubefilter, more at Techmeme »

Discussion:

Washington Post:

The Times Guild leaders say NYT, while rolling out expanded bio pages for staff, made “petty” cuts to the language in which staffers extolled their Guild work— After rolling out expanded bio pages designed to ‘bolster trust with readers,’ the Times excised language in which staffers extolled their work with the Guild

Washington Post:

YouGov: the news sources Americans say they trust the most aren't always used most heavily; YouTube and Facebook are often sources for news but not trusted much— That's particularly true among Republicans. — Americans in 2024 again have a source of news that they agree is reliable …

Discussion:
YouGov

IndieWire:

The Tribeca Festival and OpenAI plan to feature five short films made using OpenAI's text-to-video tool Sora on June 15— “Nanny” director Nikyatu Jusu is among the five filmmakers who created a film for the festival using the tech. — Post — Short films generated by artificial intelligence …

Discussion:
Bloomberg and The Hollywood Reporter, more at Techmeme »

Discussion:

Bloomberg:

LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation— Los Angeles-based Webtoon said in a filing Friday with the US Securities and Exchange Commission that South Korean internet company Naver …

Discussion:
@ca_ecostrategy, US Securities and Exchange Commission, Reuters and The Korea Times, more at Techmeme »

Discussion:

Caleb Anderson /
@ca_ecostrategy: @business Webtoon Entertainment's US IPO is an exciting move! Seeing digital comics grow is fantastic. ☺️ US Securities and Exchange Commission: FORM S-1 — As filed with the Securities and Exchange Commission on May 31, 2024.

Niket Nishant /
Reuters: Online comics platform Webtoon reveals revenue growth, profitability in US IPO filing

Anna J. Park /
The Korea Times: Naver Webtoon's Nasdaq IPO expected to foster growth of webtoon industry

Semafor:

Details of CNN's ad packages for its Biden-Trump debate on June 27: a top-tier level with a $1.5M minimum, limits on spending by campaigns and PACs, and more— The Scoop — The Donald Trump-driven boom times are back for the business of American television — at least, for one night in June.

RELATED:

Variety:
Sources: CNN plans to run ads during its June 27 debate between Biden and Trump, a break from tradition; networks using CNN's feed can also sell their own ads

Discussion:
New York Post, Poynter, Reuters, CBS News and Adweek

Discussion:

Alexandra Steigrad /
New York Post: CNN to buck tradition by putting commercial breaks in Biden-Trump debate: report

Trevor Hunnicutt /
Reuters: Biden wants to talk abortion, Trump immigration in CNN debate

Mediaite:

Eric Bolling, formerly of Sinclair and Fox News and host of Newsmax's 8pm show The Balance, is leaving the network after three years— Eric Bolling has parted ways with Newsmax. — The veteran television host, who helmed the conservative network's 8 p.m. hour with The Balance …

Discussion:
Eric Bolling, @ericbolling, Adweek, Los Angeles Times, The Daily Beast, Deadline and The Wrap

Discussion:
@ericbolling: Important Announcement: Eric Bolling and Newsmax Part Ways [Press Release] https://ericbolling.com/...

Ethan Alter /
Adweek: Eric Bolling Parts Ways With Newsmax

Stephen Battaglio /
Los Angeles Times: Conservative commentator Eric Bolling exits Newsmax

Justin Baragona /
The Daily Beast: Ex-Fox News Star Eric Bolling Leaves Fox News Wannabe Newsmax

Ted Johnson /
Deadline: Eric Bolling Departs Newsmax After Three Year Run

Natalie Korach /
The Wrap: Eric Bolling Exits Newsmax

Wall Street Journal:

Sources: Disney and Comcast's NBCUniversal hit an impasse in Disney's buyout plans for NBCU's 33% Hulu stake, with a significant disagreement over valuation— Companies are discussing a Disney buyout of Comcast's stake in streaming service; with a big valuation gap, the prospect of a court battle looms

Discussion:
@tvgrimreaper, The Information, The Desk, The Streamable and The Media Leader

Discussion:
@tvgrimreaper: How much will Disney finally have to pay Comcast for their Hulu stake? I may not live long enough to find out!

Martin Peers /
The Information: AI Euphoria Disappears From Public Market

Matthew Keys /
The Desk: Disney, Comcast still too far apart on Hulu's valuation

David Satin /
The Streamable: Disney, Comcast Negotiations Over Hulu Sale Hit Snag as Talks Near Finish Line

Bloomberg:

Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting the divest-or-ban law— - ByteDance halts plan to roll out shopping from Spain to Italy — Company aims to entrench itself in its most lucrative market

Discussion:
Reuters, Politico, @carnage4life, PYMNTS.com, Benzinga, Voice of America, Tubefilter, Digital Music News, The Information, Semafor, Axios, CMU, Interesting Engineering, 9to5Mac and The Verge, more at Techmeme »

Discussion:

Jahnavi Nidumolu /
Reuters: Donald Trump joins the TikTok video platform he once sought to ban

Dare Obasanjo /
@carnage4life: It's an interesting commentary on the regulatory and commercial landscape in the EU that TikTok would rather focus on the US market where it's facing a ban than roll out marketplace features in Europe. [image]

Shivani Kumaresan /
Benzinga: TikTok Halts European Expansion To Focus On US E-Commerce

Xiaoshan Xue /
Voice of America: Chinese short-form video service to crack down on ‘staged’ clips meant to mislead

Ashley King /
Digital Music News: Reuters Says TikTok Is Cloning Its Algorithm for U.S. App—TikTok Denies

Kaya Yurieff /
The Information: TikTok Pauses Shop Expansion Plans in Europe

Marta Biino /
Semafor: TikTok's reported cloning of algorithm for US raises questions on divestiture plans

Chris Cooke /
CMU: TikTok offered US government “kill-switch” in a bid to avoid sell-or-be-banned law, new report reveals

Sujita Sinha /
Interesting Engineering: ‘Misleading and inaccurate’: TikTok denies creating US-only algorithm

Richard Lawler /
The Verge: TikTok is reportedly splitting its source code to create a US-only algorithm

Financial Times:

Sources: a Paramount special committee approved the sweetened offer from Skydance; Paramount's board, chaired by Shari Redstone, will vote on the deal June 4— Final decision over Hollywood studio group rests with controlling shareholder Shari Redstone — A special committee …

Discussion:
Wall Street Journal, The Wrap, Reuters, The Desk, Advanced Television, The Hollywood Reporter, Los Angeles Times and Variety

Discussion:

Lucas Manfredi /
The Wrap: Paramount Special Committee Recommends Revised Offer From David Ellison's Skydance Media

NPR:

Salem Media is halting distribution of the film and book 2000 Mules and removing the film from its platforms; it apologized to a man who sued for defamation— The conservative media company behind the book and film “2,000 Mules,” which alleged a widespread conspiracy by Democrats to steal …

Discussion:
CNN, @tomdreisbach, Salem Media Group, Inc., Atlanta Journal-Constitution, Deadline, @rightardia@mastodon.social, @tomdreisbach, @stephensilver, @brianbeutler, @nycsouthpaw, @tomdreisbach, @mountainsstars, @anelsona, @tomdreisbach, @renee.diresta@threads.net, Associated Press, Mediaite and Radio & Television …

Discussion:

Oliver Darcy /
CNN: Right-wing media company Salem apologizes, stops distributing 2020 election conspiracy film ‘2000 Mules’ after lawsuit

Tom Dreisbach /
@tomdreisbach: @DineshDSouza ... According to a filing in Salem's case against its insurer, Salem settled Andrews' defamation case for a “significant [confidential] amount.” [image]

David Wickert /
Atlanta Journal-Constitution: ‘2000 Mules’ publisher apologizes to metro Atlanta man for false voting fraud allegation

Ted Johnson /
Deadline: Salem Media Retracts Dinesh D'Souza's ‘2000 Mules’ @rightardia@mastodon.social: Distributor of ‘2000 Mules’ election conspiracy film pulls film from all platforms : NPR — Best to sue a right-wing @shhat who defames and posts disinformation. — https://www.npr.org/...

Tom Dreisbach /
@tomdreisbach: @DineshDSouza ... For our previous coverage debunking some of the film and book's claims: When D'Souza had to abruptly recall the book, but I got a copy anyway https://www.npr.org/...

Stephen Silver /
@stephensilver: It takes a lot for a movie to be retracted completely, but 2000 MULES - based on nothing but lies from start to finish - clears that bar

Brian Beutler /
@brianbeutler: Weird how this keeps happening to Republicans and their allied media—and only them—given that both sides same. @nycsouthpaw: Salem has published a statement retracting Dinesh D'Souza's film 2000 Mules. From the wording, it looks a lot like it was compelled by a defamation settlement agreement. It is currently sitting beneath a Sebastian Gorka broadcast. https://salemnewschannel.com/ [image]

Tom Dreisbach /
@tomdreisbach: @DineshDSouza Some key context Salem is a co-defendant, along with Dinesh D'Souza and True the Vote, in a lawsuit filed by this voter, Mark Andrews. He is represented by lawyers with @protctdemocracy, which also represented the Georgia election workers who sued Rudy Giuliani for defamation. @mountainsstars: @nycsouthpaw Salem Media's Quarterly Report shows it sold Regnery Publishing (to Skyhorse Publishing) in December 2023. It also shows Salem and its subsidiaries are parties to multiple lawsuits and entered into a settlement agreement for one in March 2024. https://d1io3yog0oux5.cloudfront.net/ ... [image]

Anne Nelson /
@anelsona: Here's a juicy thread about #CNP media companies Salem & Regnery and their little truthiness problem. #ShadowNetwork

Tom Dreisbach /
@tomdreisbach: @DineshDSouza ... Also notable: Salem is currently suing their media insurer for allegedly failing to pay for the costs associated with Andrews' “2,000 Mules” lawsuit. https://storage.courtlistener.com/ ...

Tom Dreisbach /
@tomdreisbach: The publisher of @DineshDSouza's election conspiracy theory film and book “2,000 Mules” has issued an apology to a Georgia voter accused in the film of illegal voting in the 2020 election. “There will be no future distribution of the film or the book by Salem.” [image]

Renee DiResta /
@renee.diresta@threads.net: Good. More of this. Hold the perpetrators of the Big Lie accountable — their lies about innocent people have profound costs.

Phillip Nieto /