CNBC
Nexstar plans to appeal a federal judge’s ruling temporarily blocking its $3.54 billion deal to acquire rival Tegna, CNBC reports. Chief U.S. District Judge Troy Nunley says a challenge to the deal is likely to succeed on the claims that the acquisition will substantially reduce competition in dozens of local television markets. Nexstar notes that the Justice Department and the Federal Communications Commission approved the purchase in March.
USA Today
Predictive betting sites should not be mistaken for news or News.2.0, USA Today argues in an opinion piece. News is the record of things that have happened, it does not predict the future. Blurring the line between objective and potential truths gives merit to potential falsehoods.
PPC Land
Magnite has formed a partnership with AMC Global Media to bring to bring the broadcaster’s linear television inventory into programmatic buying, PPC Land reports. The announcement, which arrives at the opening of the 2026-27 upfront season, is a step toward bridging the divide between linear and streaming ad buying.
Golf Digest
Coverage of LIV Golf League golf in Mexico City went black on the Fox Sports app and YouTube for more than 100 minutes on Thursday, Golf Digest reports. This followed false reports of the league’s demise. The blackout was accompanied by elevator music.
9to5Mac
The App Store and Google Play Store “are helping users to find apps that create deepfake nude images of women,” according to The Tech Transparency Project, 9to5 Mac reports. Nearly 40% of the top 10 apps returned for searches such as “nudify,” “undress,” and “deepnude” could “render women nude or scantily clad,” the new report says.
The New York Times
NOTUS, a Washington political news website, will be relaunched as "The Star" during the first week of June, according to Tim Grieve, editor in chief, The New York Times reports. The site has plans to fill a voice caused by deep staff cuts at The Washington Post. NOTUS was launched in 2023 with a tie to the Allbritton Journalism Institute, a nonprofit that trains young political journalists.
AwfulAnnouncing.com
Vox Media is selling itself in pieces, Awful Announcing reports, sourcing Dylan Byers at Puck. Vox CEO Jim Bankoff is now expected to approve several deals, covering the Vox Media Podcast Network, New York Magazine and digital brands including The Verge, Eater and SB Nation. Last year, Vox explored options such as a sale of the podcast network and a full company sale.
Inside Radio
Crossover Media Group has hired media veteran John Murphy as vice president of strategic partnerships, a new role, Inside Radio reports. He will be tasked with securing new content for the company. Murphy has worked with the Crossover Media Group team as both a partner and a client.
The Wall Street Journal
Nielsen overestimates streaming viewership at the expense of traditional TV, says Mark Marshall, chairman of global advertising and partnerships at Nielsen client NBCUniversal, The Wall Street Journal reports. “Every media company is valued on a multiple of something, right?” Marshall comments. “The baseline for all of these is revenue, and if that revenue is understated due to incorrect measurement, then absolutely, the valuations of these media companies are being impacted. That is why a change needs to happen.”
Radio+Television Business Report
Radio firm Cumulus Media is headed for a swift emergency from Chapter 11 bankruptcy following the posting of a 181-page restructuring agreement by the U.S. Bankruptcy Court for the Southern District of Texas, according to Radio+ Television Business Report. The court’s approval of the plan, which occurs less than six weeks after the filing for Chapter 11 protection, will restructure roughly $660 million in debt.