Eoin Higgins / The Flashpoint:
A district court judge dismissed Matt Taibbi's defamation case against Eoin Higgins and publisher Hachette for the cover and content of Higgins' book, Owned  —  Matt Taibbi takes an L.  —  Welcome to The Flashpoint  —  Please buy my book.  —  Buy OWNED today!  —  That's a wrap.

Cara Lombardo / Wall Street Journal:
Barry Diller says he would buy CNN “tonight” if it were available, and a WBD-Paramount merger will prompt a “savage process” to find cost cuts worth billions  —  The media executive also said he looked at a deal for Vox while speaking at The Wall Street Journal's Future of Everything Festival

Sarah Whitten / CNBC:
AMC partners with Arena One to offer real-time concerts in theaters, using interactive tech to send theater audience sounds to performers; tickets cost $40-$75  —  AMC Theatres is bringing live concerts to the big screen.  —  The world's largest theater company has partnered with Arena One …

Neil Batey / C21Media:
Ampere: KPop Demon Hunters exceeded one billion viewing hours; its success brings into question whether Netflix will keep reducing commissions of kids' content  —  Global streamer Netflix reduced commissions for kids' content between 2024 and 2025, even as its animation sensation KPop Demon Hunters surpassed …

Riddhi Setty / Columbia Journalism Review:
The Pittsburgh Post-Gazette's union estimates 80% of those on staff who had been on strike and six of seven guild officers were not rehired by the new owners  —  A nice save, followed by rough cuts.  —  It was a miraculous save.  After a three-year strike, the Pittsburgh Post-Gazette …

Erik Wemple / New York Times:
The reporting of Hannah Natanson, whose home was searched in connection with a federal leak probe, anchored WaPo's winning entry for the public service Pulitzer  —  Hannah Natanson's reporting anchored a package of articles from The Washington Post that won a Pulitzer on Monday, four months after agents seized her devices.

Angelique Chrisafis / The Guardian:
A French parliament inquiry report calls for 25% cuts to public broadcasting and more; the far right plans to privatize public broadcasting if elected in 2027  —  Inquiry set up by rightwing politician recommends merging major channels and slashing TV entertainment budgets by 75%

David Shepardson / Reuters:
FCC member Anna Gomez calls for a rigorous review of foreign investment in the proposed Paramount-WBD merger, citing potential control over CBS stations and CNN  —  The sole Democrat on the Federal Communications Commission on Tuesday called for a rigorous review of the foreign ownership interests …

Jonathan Stempel / Reuters:
The US EEOC sues NYT in Manhattan federal court, claiming it passed over a qualified white male candidate for a top editorial role to fulfill diversity goals  —  The New York Times (NYT.N) was sued on Tuesday by the U.S. Equal Employment Opportunity Commission, which accused the newspaper …

Sara Fischer / Axios:
OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis  —  OpenAI has launched a self-serve advertising platform, executives said, marking a significant step in its goal of generating $2.5 billion …

Oliver Darcy / Status:
Sources: after Ankler's Substack exit, other outlets like The Bulwark, Zeteo, and Feed Me have quietly explored other platforms to grow their businesses  —  A few months ago, Janice Min, the chief executive of The Ankler, phoned Substack co-founder Hamish McKenzie with some news …

Charlotte Tobitt / Press Gazette:
Six months in, The Nerve, launched by Carole Cadwalladr and four others, has 30K paying and free subscribers, and has hired two journalists and two columnists  —  The Nerve, the publication launched six months ago by five former Observer journalists including Carole Cadwalladr, is expanding its team.

Max Tani / Semafor:
Sources: The Dispatch's president, Mike Rothman, leaves after disagreements with founders over direction; the site discussed a potential sale with Axel Springer  —  THE SCOOP  —  One of the top leaders at The Dispatch is out amid broader questions about the media organization's future.

Christiana Sciaudone / A Media Operator:
People Inc. reports Q1 revenue down 2% YoY to $385.7M, adjusted EBITDA down 46% to $43.5M, digital revenue up 8% YoY to $253.2M, unique site visits fell 18%  —  People Inc.'s overall revenue fell for the first quarter as losses continued at parent company IAC.

Jessica Toonkel / Wall Street Journal:
Sources: James Murdoch's Lupa Systems is in advanced talks to buy Vox Media's New York Magazine and podcast division  —  A deal, which isn't finalized, would go through Murdoch's Lupa Systems investment company  —  Media investor James Murdoch is in advanced talks to buy Vox Media's …