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2:50 PM ET, April 26, 2024

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 Top News: 
Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis  —  Entertainment giant would install a committee of top executives to run an ‘Office of the CEO’ on an interim basis; no decision has been made on Bakish's future
Discussion: Variety, Bloomberg and The Wrap
RELATED:
Martin Pengelly / The Guardian:15 minutes ago
Howard Stern of SiriusXM snags a surprise interview with President Biden, following reports of Biden's refusal so far to give The NYT a sit-down interview  —  President drops by Sirius XM studios to speak with the shock jock as Donald Trump sat in a courtroom downtown
RELATED:
The New York Times Company:
The New York Times says it will continue to cover Biden “fully and fairly” regardless of whether he gives the paper a sit-down interview  —  A spokesperson for The New York Times responds to recent reporting about a free press and reporting on the president.
Alex Weprin / The Hollywood Reporter:
Memo: CNN's Poppy Harlow is leaving the network; she joined in 2008 and most recently co-hosted CNN This Morning, which was effectively canceled earlier in 2024  —  Harlow, a veteran of the cable network, told colleagues about her departure Friday morning, a couple of months after ‘CNN This Morning’ was effectively canceled.
Katie Robertson / New York Times:
G/O Media sells The Onion to Global Tetrahedron, a new Chicago firm owned by former Twilio CEO Jeff Lawson; former NBC News senior reporter Ben Collins is CEO  —  The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion's staff.
Financial Times:
Sources: RedBird IMI prepares to withdraw its Telegraph bid as early as next week, triggering an auction expected to draw bids from Rupert Murdoch and others  —  Resulting auction process expected to attract bidders including Rupert Murdoch and hedge fund boss Paul Marshall
Discussion: The Guardian, City A.M. and Bloomberg
Charlotte Tobitt / Press Gazette:
GB News co-owner Paul Marshall steps down from the board of GB News after three year, amid reports he is considering a new rival bid to buy the Telegraph  —  Sir Paul Marshall said he was leaving GB News on a “secure growth trajectory”.  —  GB News co-lead investor Sir Paul Marshall …
Discussion: Mediaite and The Independent
Sarah Scire / Nieman Lab:
An interview with CalMatters CEO Neil Chase on how the The Markup acquisition happened, consolidation uptick in nonprofit news, and why there is more to come  —  Nonprofit news has seen an uptick in mergers, acquisitions, and other consolidations.  CalMatters CEO Neil Chase still says “I don't think we've seen enough yet.”
Discussion: Talking Biz News
Reuters:
Burkina Faso suspends the radio broadcasts of BBC Africa and VOA for two weeks over their coverage of a report accusing the army of extrajudicial killings  —  Burkina Faso has suspended the radio broadcasts of BBC Africa and the U.S-funded Voice of America (VOA) for two weeks over their coverage …
 
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 More News: 
Jennifer Maas / Variety:
Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023
Ashley Capoot / CNBC:
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 20%+
Todd Spangler / Variety:
YouTube's Q1 ad revenue climbs 21% YoY to $8.1B, vs. $7.72B estimated, its highest Q1 total to date
 Earlier Picks: 
ABC News:
Ex-AMI CEO David Pecker testifies again in Trump's NY trial and says he believes Trump's motivation to kill negative stories was about the campaign, not family
Etan Vlessing / The Hollywood Reporter:
Prime Video will air NHL games on Monday nights in Canada for the 2024-25 and 2025-26 seasons, after striking a deal with rights holder Rogers Communications
Elvira Pollina / Reuters:
Journalists at Italian state broadcaster RAI plan a 24-hour strike May 6 against “suffocating control” of their work by Giorgia Meloni's right-wing government
 

 
From Techmeme:

Emanuel Maiberg / 404 Media:
Apple removes three AI image generation apps from the App Store after a 404 Media probe found the apps advertised being able to create nonconsensual nude images

Sherry Qin / Wall Street Journal:
ByteDance says it has no plans to sell TikTok, responding to a report suggesting that the Chinese company is considering selling a majority stake in TikTok US

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure

 
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