CNN.com
Health and government organizations accounted for more than 10% of the advertising payments received by websites that promote health misinformation, according to a new study from Yale University, CNN reports. A total of $35.7 million was spent on advertising on 11 such sites between 2021 and 2024. The study was conducted with NewsGuard.
Variety
Jeff Shell may be leaving his post as president of Paramount Skydance, depending on the outcome of preliminary talks between his legal team and the company, Variety reports. Shell was sued in March by R.J. Cipriani, a professional gambler who claims to be owed $150 million for crisis communications services. Cipriani also charges that Shell shared his belief that Paramount is overpaying for Warner Bros. Discovery. If he remains, Shell will most likely move to a more advisory role.
The Washington Post
Americans who spend at least five hours a day on social media are more likely to feel their views are heard, according to a study of 20,000 Americans by Gallup and the Charles F. Kettering Foundation, The Washington Post reports. But they are also more open to political violence and less supportive of democracy.
Deadline.com
OpenAI, moving into the entertainment world, has acquired TBPN, a streaming business, Deadline reports. The acquisition was announced in a blog post by Fidji Simo, products boss of OpenAI. TBPN is described like this: “What if SportsCenter and LinkedIn merged?” Simo said that instead of trying to recreate what TBPN has built, “it made a lot of sense to bring them in, support what they’re doing, and help them scale—while keeping what makes them special.”
Screen Daily
Concourse Media has named Jack Sheehan as president of worldwide sales, Screen Daily reports. Previously, Sheehan served as president of worldwide sales and development at Archstone Entertainment. He will focus on the firm’s global sales strategy and will supervise efforts at the upcoming Cannes market. Sheehan will also work with CEO Matthew Shreder and the firm’s financing partners on market-ready projects.
Newswise
Young consumers are increasingly influenced by social media platforms and influencers concerning money instead of traditional financial institutions, according to a study titled Financial Lives in the Networked Generation, Newswise reports. “These shifts are not incremental—they represent a categorical transformation in how young people experience and understand money,” the authors write .“Traditional financial education models were not designed for this environment.”
Inside Radio
The legal battle between Connoisseur Media CEO Jeff Warshaw and Soros Fund Management (SFM) now turns on one question, following new filings, Inside Radio reports: Did he advise SFM that Cumulus Media was ready to acquire Audacy’s debt before SFM acquired the broadcaster as it moved through bankruptcy reorganization? Warshaw sued SFM last year, seeking damages for an alleged breach of an oral agreement. He charges that he played a pivotal role in SFM’s deal to take a controlling stake in Audacy, including the rolling up of Connoisseur’s stations into Audacy, post-bankruptcy. SFM denies those claims.
WNYC
Kalshi, the prediction market platform where players can place bets on world events — such as the number of deportations this year — was sued last week by the state of Washington, one of such 20 lawsuits the company now faces, WNYC Studios reports. In addition, the Arizona attorney general filed criminal charges against the company. The prediction field is growing, generating $64 billion in trading volume last year, up 400% from 2024, and Kalshi users spent $54 million on “Ali Khamenei out as Supreme Leader?” during the first week of the Iran war.
The Hollywood Reporter
Hallmark Media has named Darren Abbott as president, The Hollywood Reporter writes. He replaces John Matts less than a year after Matts assumed that title. Abbott will be tasked with “shaping, operationalizing, and driving the ever-evolving business into the future, while continuing to oversee the ways in which consumers interact with Hallmark’s widely beloved content, products, and experiences,” according to Hallmark.
NPR
A federal judge has ruled that the president’s executive order barring funding for NPR and PBS violated the First Amendment, NPR reports. U.S. District Court Judge Randolph D. Moss said the government cannot use funding to suppress a new organization based on its coverage.