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10:30 PM ET, May 17, 2018


 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.
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.
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