Memo: WSJ EIC Emma Tucker announces changes in how the outlet covers US news, including closing its East Coast, Midwest, and West Coast regional bureaus (Katie Robertson/@katie_robertson)

Mediagazer: Memo: WSJ EIC Emma Tucker announces changes in how the outlet covers US news, including closing its East Coast, Midwest, and West Coast regional bureaus (Katie Robertson/@katie_robertson)

Top News:

Los Angeles Times:

Report: Nelson Peltz' Trian Partners reaped ~$1B from its Disney stock after his unsuccessful proxy fight; Disney heeded some of his calls, cutting 8,000 jobs— In the end, veteran investor Nelson Peltz came away with a big win in his battle with the Walt Disney Co.
Discussion: @rfaughnder

Discussion:

Ryan Faughnder /
@rfaughnder: Nelson Peltz won by losing https://www.latimes.com/...

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:
Business Insider, The Ankler, New York Times, 24/7 Wall St., Axios, Yahoo Finance, The Wrap, Deadline, The Hollywood Reporter, Gizmodo, Reuters and Variety

Discussion:

Lauren Edmonds /
Business Insider: Disney's Bob Iger may be celebrating today after Nelson Peltz's latest move

Sean McNulty /
The Ankler: ☀️AMAZON Re-Org Signals Branded Content Push

Douglas A. McIntyre /
24/7 Wall St.: Nelson Peltz Made $1 Billion on Disney

Alexandra Canal /
Yahoo Finance: Activist investor Nelson Peltz sells entire Disney stake after proxy battle loss

Stephanie Kaloi /
The Wrap: Nelson Peltz Sells His Entire $1 Billion Stake in Disney After Losing Proxy Battle, CNBC Reports

Dade Hayes /
Deadline: Mission Accomplished? Despite Losing Proxy Fight, Billionaire Nelson Peltz Reportedly Sells Entire Disney Stake For $1B In Profit

Abid Rahman /
The Hollywood Reporter: Activist Investor Nelson Peltz Sells Disney Stake After Losing Proxy Battle

Sabina Graves /
Gizmodo: Disney No Longer Has to Worry About Billionaire Nelson Peltz Reuters: Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report

Wall Street Journal:

Sources: Skydance sweetens its Paramount offer, making it more favorable to both voting and nonvoting shareholders and agreeing to put more money into Paramount— Paramount's independent committee of directors is expected to review the new bid soon — Skydance Media has submitted …

Discussion:
The Wrap, Reuters, Variety, The Hollywood Reporter, Los Angeles Times and Deadline

Discussion:

Lucas Manfredi /
The Wrap: Skydance Ups Cash Offer for Paramount and Courts Class B Stockholders in Restructured Offer

Todd Spangler /
Variety: Skydance Media Revises Paramount Global Bid to Make It More Attractive to Noncontrolling Shareholders

CNBC:

Sources and docs: Twitch terminates its Safety Advisory Council, which consisted of experts, streamers and moderators who consulted on trust and safety issues— Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC.

@katie_robertson:

Memo: WSJ EIC Emma Tucker announces changes in how the outlet covers US news, including closing its East Coast, Midwest, and West Coast regional bureaus— NEW: WSJ editor Emma Tucker announces changes in how the paper covers US News, including shuttering east coast, Midwest and West Coast regional bureaus [image]

Discussion:
Politico, @benmullin, @maxwelltani, @benmullin, @katie_robertson and @kantrowitz

Discussion:

Garrett Ross /
Politico: Playbook PM: SCOTUS rules as Alito affair swirls

Ben Mullin /
@benmullin: Journalists at the WSJ's office in New York have plastered EIC Emma Tucker's office with sticky notes protesting job cuts: [image]

Max Tani /
@maxwelltani: Union representing WSJ employees says that it is holding a walkout at 1PM to protest today's layoffs [image]

Ben Mullin /
@benmullin: Another angle: “Do you think this is very helpful?” Emma's assistant asks. “Do you want to stick them on me?” [image]

Katie Robertson /
@katie_robertson: NEW: The Wall Street Journal is expected to do further layoffs in its U.S. newsroom today — individual meetings have been placed on journalists' calendars, I'm told

Bloomberg:

A look at Pixar's missteps since COVID-19: movies were released on Disney+ and key executives departed, leading to a focus on sequels to get back on track— After duds and missteps, the famed animation studio sees Inside Out 2 as key to restoring the magic.

Discussion:
Screen Rant, ComingSoon.net, World of Reel, @brianstorms@mastodon.social and The A.V. Club

Discussion:

Jerome Casio /
Screen Rant: Pixar Sequels & Reboots On The Way, 2 Likely Franchises Reportedly Revealed

Brandon Schreur /
ComingSoon.net: Finding Nemo 3: Pixar CCO Sees ‘A Lot of Opportunity There’

Brian Dear /
@brianstorms@mastodon.social: @Mediagazer — I automatically and eagerly went to see every #Pixar #movie as they were released, every single one, from TOY STORY in 1995 until TOY STORY 3 in 2010. — I have not seen a single Pixar #film since. The first CARS was the warning sign of Disney's contamination. …

Press Gazette:

UK banker Crispin Odey sues the Financial Times for libel over its June 2023 publication of allegations that Odey had sexually assaulted multiple women— Former City banker Crispin Odey is suing the Financial Times for libel after it published allegations that he had sexually assaulted multiple women.

Discussion:
Mediaite, Telegraph, London Evening Standard, City A.M., Financial News and Talking Biz News

Discussion:

Callum Parke /
London Evening Standard: Former banker Crispin Odey suing Financial Times for libel at High Court

Edin Imsirovic /
Financial News: Crispin Odey launches libel claim against the Financial Times

Chris Roush /
Talking Biz News: London banker suing Financial Times for libel

Reuters:

Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance— TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version …

Discussion:
Music Business Worldwide, Music Ally and Digital Music News, more at Techmeme »

Discussion:

Daniel Tencer /
Music Business Worldwide: US appeals court sets accelerated schedule to hear TikTok's challenge to divest-or-ban law in September

Stuart Dredge /
Music Ally: TikTok sale-or-ban court battle set for September this year

Ashley King /
Digital Music News: TikTok vs. USA Opening Arguments Set for September—High-Profile Case Fast-Tracked Ahead of January 2025 Divestment Deadline

The Verge:

Meta begins rolling out TweetDeck-style customizable feeds on Threads globally, following a test that started earlier this month— Threads is widely rolling out a desktop site redesign that lets you customize your homepage with a series of feeds, similar to TweetDeck.

Discussion:

Karissa Bell /
Engadget: The TweetDeck clone for Threads is finally here

Ryan Christoffel /
9to5Mac: Threads on desktop rolls out power user features globally: customizable home screen, multiple columns, real-time updates

Ernie Smith /
@ernie@writing.exchange: Congrats Threads on getting a feature Mastodon has had since 2017 https://www.theverge.com/... @threads@threads.net: New on Threads: Make threads.net your own 📌 Starting this week, you can pin columns to keep track of the profiles and tags you love on web — as well as your saved posts, activity feed and more. Everything you need to know ⬇️

@threads@threads.net:
You can also pin profiles or topics you're searching for by clicking the three-dot menu at the top right, then “Pin to home.” And if you're following a big game or the conversation around your favorite show, you can set a column to auto-update.

Jonathan V. Last /
@jvlast@threads.net: The problem isn't amplification vs de-emphasization. It's that the platform doesn't have a way for people to curate lists. Make a threads version of tweetdeck and all of these complaints go away and @mosseri can keep letting the algo work as it does in For You.

Jonathan V. Last /
@jvlast@threads.net: Respectfully, this has not been my experience. I follow almost entirely political/news accounts and my For You feed is largely randos doing engagement farming.

Tim Fullerton /
@timfullerton@threads.net: Can you please tell us what you definite as “political news?” And if you won't, can you explain why?

Tim Mulholland /
@tlmii@threads.net: This layout would be a lot more useful with Lists.

Adam Mosseri /
@mosseri@threads.net: We're starting to roll out the new threads.net on desktop globally, so you can customize and personalize what you see. We have a lot of great ideas to make this the best website to share ideas, so stay tuned for more and let us know if you have any suggestions 🙏🏼

Next TV:

Virtual MVPD Philo, which carries 70+ entertainment channels and has 1M+ subscribers, raises prices for its Core tier to $28 per month, and adds AMC+ to Core— Sports-free virtual pay TV service is now streaming 70 channels for $28 a month, but it is tacking on AMC+ for free

Discussion:
Philo blog, The Streamable, @tvgrimreaper, StreamTV Insider, The Desk and Cord Cutters News

Discussion:

Andrew McCollum /
Philo blog: From Free To Premium: Philo Announces A New Bundled Package, Including AMC+, And Expands FAST Offering To Non-Subscribers

David Satin /
The Streamable: Philo to Offer Free Streaming Channels to All Viewers, Regardless of Subscription Status @tvgrimreaper: The price increases will continue until morale improves. Philo is one of the least used internet TV bundles, with just 0.20% of US TV viewing in April.

The Guardian:

A Haaretz journalist reveals Israeli security officials threatened him and blocked his reporting about a Mossad chief's efforts to intimidate an ICC prosecutor— Haaretz journalist was warned of ‘consequences’ if he reported on attempts by Mossad chief to intimidate ex-prosecutor

Discussion:

Jonathan Pollak /
Haaretz: Israel's Cause for Detention: ████ ██ █████

Gur Megiddo /
Haaretz: How Israeli Security Nixed Haaretz's Report Into Alleged Mossad Extortion of International Court Prosecutor

Glyn Moody /
@glynmoody@mastodon.social: Israeli journalist describes threats over reporting on spy chief and #ICC - https://www.theguardian.com/ ... “Haaretz journalist was warned of ‘consequences’ if he reported on attempts by #Mossad chief to intimidate ex-prosecutor” #israel @Greengordon@spore.social: Terrorist country: — “it was “explained that if I published the story I would suffer the consequences and get to know the interrogation rooms of the Israeli security authorities from the inside” — #Israel #haaretz — https://www.theguardian.com/ ...

Ariadne /
@ariadne@climatejustice.social: “Journalist threatened over reporting on spy chief and ICC, Israeli newspaper says - Haaretz says journalist warned of ‘consequences’ if he reported on attempts by head of the Mossad to intimidate ex-prosecutor of ICC” …

Deadline:

Brian Weinstein moves from president and COO of Bad Robot to serving as 3 Arts Entertainment co-CEO and senior adviser to Lionsgate CEO Jon Feltheimer— Former Bad Robot President and COO, Brian Weinstein, is heading over to Lionsgate in what is a dual role: He'll be the Co-CEO …

Discussion:

Lucas Manfredi /
The Wrap: Brian Weinstein Joins 3 Arts Entertainment as Co-CEO

Katcy Stephan /
Variety: Brian Weinstein Named Co-CEO of 3 Arts Entertainment and Senior Advisor to the Office of the CEO at Lionsgate

Walter Delph /
Walter Delph on LinkedIn: Congratulations to 3 Arts Entertainment and Lionsgate thanks to the hire of Brian Weinstein. During a rapidly evolving media landscape, Brian has created positive change at both CAA and Bad Robot. …

David Nathanson /
David Nathanson on LinkedIn: Congratulations to Brian Weinstein on being named Co-CEO at 3 Arts Entertainment and Senior Advisor to Lionsgate CEO Jon Feltheimer. …

Etan Vlessing /
The Hollywood Reporter: Lionsgate Taps Former Bad Robot, CAA Exec Brian Weinstein as 3 Arts Co-CEO

Erik Gruenwedel /
Media Play News: Brian Weinstein Named Co-CEO of 3 Arts Entertainment, Senior Advisor to the Office of the CEO at Lionsgate

Jon Lafayette /