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10:30 PM ET, May 17, 2018

Mediagazer

 Top News: 
Trey Williams / The Wrap:
CBS board of directors votes to issue dividend that would dilute Redstone family's interest from about 80% to 20% and postpones annual meeting  —  CBS Corporation's board of directors voted on Thursday to dilute controlling shareholder Shari Redstone's interest to 20 percent from roughly 80 percent.
RELATED:
Erik Wemple / Washington Post:
The New York Times admits it buried information about the FBI's investigation of the Trump campaign in a front-page story just before the 2016 election  —  The upside of the New York Times' aggressive coverage of the FBI investigation into Russian election meddling is that the American public …
Peter Kafka / Recode:
YouTube launching a paid version of YouTube Music next week at $10/month; YouTube Red being replaced by YouTube Premium at $12/month  —  YouTube Music is launching Tuesday, and YouTube Red is going away.  It's being replaced by YouTube Premium, and it will cost extra.
Jon Levine / The Wrap:
Fox News names Suzanne Scott as its new CEO; Scott was previously president for programming and development  —  Fox News has named Suzanne Scott as its new Chief Executive Officer, the company announced on Thursday.  —  “Suzanne has been instrumental in the success of Fox News …
The GroundTruth Project:
Report for America, a national service program that places journalists into local newsrooms, announces its full 2018 class of 13 journalists  —  NEW YORK — Report for America, a non-partisan national service program that places journalists into local newsrooms, has announced its complete Class of 2018.
Deadline Detroit:
Reporters and ex-students detail history of inappropriate behavior by Jack Lessenberry, head of Wayne State's comms dept., Toledo writing coach, and MPR analyst  —  The authors, 2004 graduates of Wayne State University, are freelance writers and former students of Jack Lessenberry.
BuzzFeed:
YouTube's Super Chats, which allow paid comments on live streams, are partially underwriting videos with hate speech; YouTube says it will revisit policies  —  During one livestream, someone using the screen name National Socialist spent $100 to display the message “WHITE PRIDE WORLD WIDE!”
Mark Sweney / The Guardian:
Digital radio audience surpasses FM and AM radio in the UK for the first time in Q1 2018 in part thanks to Alexa; listening online and via apps grew 17% YoY  —  Smart speakers influence debate about switching off analogue signal in UK  —  The popularity of Amazon's Echo smart speakers …
Discussion: @louisen91316
Rael Ombuor / Voice of America:
Kenya passes broadly worded cybercrime law that criminalizes online bullying and “fake news” with potential penalty of two years in jail and/or up to $50K fine  —  Kenya has approved a controversial new cybercrimes law that threatens heavy penalties for people who abuse others via social media …
Discussion: Reuters, BusinessLIVE and Freedom House
Mathew Ingram / Columbia Journalism Review:
Accepting funding from Google and Facebook raises tough questions for media and researchers about influence, conflict of interest, and working with competitors  —  In March, Google announced with much fanfare the launch of the Google News Initiative, a $300 million program aimed at …
Todd Spangler / Variety:
YouTube TV adds channels for Tastemade and TYT Network, with 10 new series from Tastemade in 2018 and four new shows from TYT at launch  —  YouTube TV is bringing two digital-first media companies — Tastemade and TYT Network (aka the Young Turks) — into the pay-TV realm.
 
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 More News: 
Shan Wang / Nieman Lab:
Reuters study finds major news sites in seven European countries averaged 81 third-party cookies per page, compared to 12 per page on other popular sites
Alex Thompson / VICE News:
Facebook's new US ad buying rules block an estimated 11M undocumented immigrants as well as people in DACA from buying political ads
Lucas Shaw / Bloomberg:
Former YouTube exec raises $50M for Next 10 Ventures to help creators with large followings on YouTube, Instagram, and Twitch make money
 Earlier Picks: 
Sara Fischer / Axios:
Pro-Trump media continues to spread across platforms, including broadcast radio and TV, cable, and new digital sites