MarketWatch / Ciara Linnane
Tribune says Alden Global Capital is back to being its “superior” bidder →“As such, Tribune is no longer permitted to engage in discussions and negotiations with, or provide diligence information to, Newslight and its principals in connection with their proposal, and accordingly has terminated such discussions and negotiations with, and access to diligence information for, Newslight and its principals.”
The New York Times / Katie Robertson
The latest newsroom to unionize: [Business] Insider →The company’s owned by Germany’s Axel Springer, which is very familiar with working with newsroom unions. “The formation of a union at Insider is part of a broader industry trend, following organizing efforts at BuzzFeed News, Vice, The New Yorker and Vox Media. Last week, a group of more than 650 tech workers at The Times formed a union.”
International Journalists' Network / Kpénahi Traoré
The Ringer / Alison Herman
The next great battle of the streaming wars: live sports rights →“For reasons both technical and financial, streaming has largely eschewed sports, leaving a very notable gap in an ecosystem that’s otherwise come to dominate contemporary media…’If sports were not on TV, people would have cut the cord in a lot bigger numbers a long time ago.'”
The New York Times / Michael M. Grynbaum and John Koblin
Outgoing CBS News chief: “I feel I have given my entire soul into rebuilding this organization” →“The change is a strategic pivot by George Cheeks, the executive who took responsibility of CBS’s television properties last year and is now charged with shaking up a news division that is long on history, but short on viewers. CBS News may be the former home of Edward Murrow and Walter Cronkite — its Manhattan studios are filled with relics from midcentury halcyon days — but it has struggled for years to compete against ABC and NBC.”
Press Watch / Dan Froomkin
“Political reporters are hurting America, so how about getting rid of most of them?” →“When you put a political reporter on a story, they never start by writing ‘of course this happened, because this is how things work.’ Because political reporters tend to think very short-term, they can be easily surprised. They can find a “wow, look what just happened!” story where a subject-matter expert would write ‘this is a big distraction from the real issue’ or ‘this really doesn’t address the problem.'”
The Wall Street Journal / Lukas I. Alpert
Half of SXSW has been sold to the publisher of Rolling Stone and Variety →“Penske will make a strategic investment in the closely held company, SXSW LLC, in return for a 50% stake in the business, the people said. The event had been owned by its founders who created the festival in 1987. They will continue to manage and operate the festival, although Penske will own the largest stake, the people said.”
The New York Times / Alexandra Alter and Elizabeth A. Harris
The New York Times / Rachel Abrams
One America News Network stays true to Trump →“Into April, news articles on the OAN website consistently referred to Donald J. Trump as ‘President Trump’ and to President Biden as just ‘Joe Biden’ or ‘Biden.’ That practice is not followed by other news organizations, including the OAN competitor Newsmax, a conservative cable channel and news site.”
The New York Times / Katie Robertson
Swiss billionaire is said to end his bid for Tribune Publishing →“Mr. Wyss, who made his fortune as a medical device manufacturer, had joined the Maryland hotel executive Stewart Bainum Jr. in a bid that seemed as if it had a chance of preventing Tribune from becoming fully owned by its largest shareholder, the New York hedge fund Alden Global Capital. … Mr. Bainum, who had taken a special interest in another Tribune paper, The Baltimore Sun, remains committed to pursuing ownership of Tribune Publishing.”
AP / Michael Kunzelman and Jacques Billeaud
Some Jan. 6 defendants try to use journalism as riot defense →“The Trump supporters who stormed the U.S. Capitol in January created a trove of self-incriminating evidence, thoroughly documenting their actions and words in videos and social media posts. Now some of the camera-toting people in the crowd are claiming they were only there to record history as journalists, not to join a deadly insurrection. It’s unlikely that any of the self-proclaimed journalists can mount a viable defense on the First Amendment’s free speech grounds, experts say. They face long odds if video captured them acting more like rioters than impartial observers. But as the internet has broadened and blurred the definition of a journalist, some appear intent on trying.”
Minnesota Reformer / Tony Webster
The New York Times / Katharine Q. Seelye
Shawn G. Kennedy, part of a wave of recruited Black reporters at The New York Times in the ’70s, dies at 73 →“Ms. Kennedy was an accomplished cook and knowledgeable about fashion, interior design and architecture. She was disappointed when she was told that she was ‘not ready’ for Styles, [reporter Lena Williams] said, though she occasionally freelanced for the section anyway. [Paul Delaney, the first Black reporter hired in the newspaper’s Washington bureau], said ‘you’re not ready’ was a common explanation when a Black reporter was denied a move. ‘That was the kind of stuff we faced all the time,’ he said. ‘That’s what we had to overcome.'”
Next Avenue / Richard Harris