Analysis: E3 Conferences and the Status Quo
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Benjamin Mullin / New York Times:
Cox Enterprises plans to acquire Axios, sources say for $525M; Axios will generate $100M+ in 2022 revenue; Axios will spin off its software arm Axios HQ
Jack Queen / Reuters:
A jury says Alex Jones must pay two Sandy Hook parents $45.2M in punitive damages, on top of $4.1M in compensatory damages, for claiming the shooting was a hoax
Wall Street Journal:
Gannett, Warner Bros. Discovery, The New York Times, Paramount, and other US media firms have noted a Q2 2022 advertising slowdown and headwinds in Q3 guidance
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