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CBS, in an attempt to short-circuit a merger with Viacom, has filed suit against National Amusements, the parent company of both CBS and Viacom. CBS says the action is necessary because Shari Redstone, the majority shareholder in National Amusements, has sought to undermine CBS’s management and has said she would replace CBS board members with others who would "compel a merger with Viacom," according to the court filing. The suit also charges Redstone with “unilaterally” telling a potential CBS acquirer, alleged to be Verizon, not to make an offer for the company. It is also intended to protect CBS’s plan (set to be voted on May 17) to dilute the preferred stock owned by Redstone. If the plan is approved, the preferred voting power that National Amusements holds in CBS would drop from 79.6 percent to about 17 percent, dealing Redstone’s power to make changes to the CBS board, and promote a potential merger, a severe blow.
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Gizmodo Media Group, which operates Jezebel and Deadspin, has asked a judge for protection from lawsuits against those sites that have the financial backing of venture capitalist Peter Thiel. The lawsuits center on a Deadspin article about oddsmaker RJ Bell, which Bell says included false statements, and Jezebel stories that labeled Superstar Machine, a therapy group founded by life coach Gregory Scherick, a cult. Bell and Scherick are being represented in their lawsuits by Charles Harder, who also argued for Hulk Hogan in the Thiel-funded case that forced Gawker to shut down in 2016. Gawker and Thiel have signed an agreement stating that Thiel can no longer finance litigation against former Gawker writers. Gizmodo wants that agreement extended to the former Gawker sites it now owns. Last month, Thiel ended his bid to purchase the Gawker Media archives. A Manhattan judge will review the protection request in a hearing on Thursday.
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FOX News is launching a new polling system, the FOX News Voter Analysis, that it says it will employ for the November 2018 midterm elections. The survey, which will be a partnership between Fox News and the Associated Press, was tested in last year’s Alabama special election for the U.S. Senate, and in the gubernatorial elections in New Jersey and Virginia. As part of the Fox News Voter Analysis, researchers will poll voters using multiple platforms, including cell phones, landlines, and the internet. Fox says that its surveys, which are designed to capture voter sentiment surrounding the key issues, will provide a more comprehensive look at voting behavior, opinions and preferences as America votes. “Most important,” said FOX News Channel president Jay Wallace, “we will provide in-depth coverage of every statewide election in 2018 and 2020, which will be particularly valuable as we expand our digital coverage.”




The Walt Disney Company and OpenAI reach an agreement that will make a set of more than 200 animated, masked and creature characters from Disney, Marvel, Pixar and Star Wars available for use by Sora, OpenAI’s short-form generative AI video platform... CBS News editor-in-chief Bari Weiss has moved Tony Dokoupil, a co-host at “CBS Mornings” since 2019, into the anchor’s chair for the “CBS Evening News,” following the departure of John Dickerson and Maurice DuBois... USA Today editor-in-chief Caren Bohan has left the paper.
Michael Kaminer, who was responsible for the Observer’s “Power List” for the past 13 years, has cut ties with the publication... The New York Times Company continues the march toward its goal of 15 million subscribers by the end of 2027... The John D. and Catherine T. MacArthur Foundation is providing more than $6 million in funding to eight organizations working to address the challenges local news and information environments face along the U.S.-Mexico border.
Conservative outlets Fox News, Newsmax and the Daily Caller are holding back from signing Pete Hegseth’s edict restricting press access in the Pentagon... CBS News sees the first executive departure of the Bari Weiss era as head of standards and practices Claudia Milne exits... Indiana University shuts down the print version of The Indiana Daily Student.
Rothschild family plans to unload 26.7 percent stake in The Economist... STAT, a digital media company that focuses the life sciences, brings back Damian Garde, who anchored its biotech newsletter and podcast from 2016 to 2024... High Times officially resumes print publication (following its 2024 shutdown) with the release of a limited-edition, collectible 50th anniversary issue.
CBS News is set to hand over its reins to The Free Press co-founder Bari Weiss as Paramount acquires her site for $155M... C-SPAN comes on board as an official media partner of the U.S. Semiquincentennial Commission, which is charged by Congress to lead the celebration of the 250th anniversary of the signing of the Declaration of Independence... A new Gallup survey says that the level of trust that US audiences have in the media has hit a new low.



