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Pro-Russian Separatists Seize TV HQ In Eastern Ukraine (Reuters)
Pro-Russian separatists took control of the regional prosecutor’s office and television center in the eastern city of Luhansk on Tuesday, having earlier seized the government headquarters, a Reuters photographer said. BBC News Activists went into the regional television station, but decided not to take it over after they were allowed to make a live broadcast. Following the takeovers, President Oleksandr Turchynov demanded the dismissal of the police chiefs in Luhansk and the other eastern city of Donetsk.Business Insider Pro-Russian separatists have now seized government buildings in at least 10 cities throughout the eastern part of the country. Pro-Russian activists have also shot the mayor of Kharkiv, Ukraine’s second-largest city. All the while, journalists throughout eastern Ukraine routinely face intimidation amid the threat of kidnapping and assault. The Guardian About 3,000 activists — some in masks and military fatigues — stormed the regional government HQ and other key buildings. A pro-Russian militia had occupied the security service office in Luhansk, a town of 465,000, just 20 miles from the Russian border. In recent days, Kiev’s tentative grip on local law enforcement in the east appears to have slipped completely. In Luhansk, riot police stood passively in a courtyard. “The regional leadership does not control its police force,” Stanislav Rechynsky, an aide to the interior minister in Kiev said. “The local police did nothing.”WSJ The latest moves in Ukraine’s eastern Luhansk region came despite a new wave of sanctions on Russia by the U.S. and European Union aimed at forcing the Kremlin to rein in the activists, who have echoed Russian President Vladimir Putin in denouncing Ukraine’s two-month-old government as illegal. The attacks on Luhansk’s regional police headquarters, administration building, prosecutor’s office and television broadcasting facilities mark the biggest advance for the pro-Russia rebels since early April, when militants took control of the regional building of Ukraine’s state-security service, the SBU.

Twitter Tops 250 Million Users, But Stock Tanks 10 Percent (Mashable)
Twitter beat earnings and revenue estimates for the first quarter, but users numbers came in at the low end of Wall Street estimates. Twitter reported breaking even on an earnings per share basis on revenue of $250 million for the March quarter, compared to Wall Street estimates for a net loss of $0.03 per share on revenue of $241.5 million. Re/Code Twitter reported 255 million monthly active users as of the end of March, coming in at the low end of the user growth range that Wall Street had anticipated. That’s a 5.8 percent increase from the 241 million users it had at the end of the fourth quarter, and a 25 percent increase from the year-ago quarter. GigaOMTwitter has experienced a consistent decrease in the pace of its user growth over the last year, but Q1 marks a rebound for the company — although it’s minor. Analysts were expecting “strong growth” that signaled potential — analysts expected 257 million users. THR Twitter stock was falling 9 percent in after-hours trading Tuesday.

Morgan Spurlock Strikes Deal With The Associated Press (Deadline Hollywood)
Award-winning filmmaker Morgan Spurlock has struck a landmark development deal with The Associated Press, which will grant the Super Size Me documentarian and his New York-based Warrior Poets production banner unlimited access to adapt the AP’s library of broadcast, digital and mobile content. Capital New York Spurlock is currently the host and executive producer of Inside Man on CNN, which is in the midst of its second season and has just been renewed for a third season by the cable channel. He will also host and executive-produce a new series on Showtime in June, Seven Deadly Sins. Both of those shows feature real people and real stories. The deal with the AP could ease the process of finding those story subjects, while also giving the production company access to the journalists that first reported on them. WSJ / Speakeasy Journalism has long been a wellspring of source material for documentary filmmakers and Hollywood studios alike. Now, some producers and news outlets are making more of an effort to streamline this relationship, given the growing demand for content, especially in television and online. Earlier this month, the Weinstein Co. and Gannett, which owns USA Today, announced a similar first-look agreement.

AP Names David Scott Political Editor (FishbowlNY)
David Scott has been named political editor for the Associated Press. Scott most recently oversaw the AP’s Central Region, which includes 14 states. He had served in that role since 2009. FishbowlDC Scott joined the AP in 1999 as a staff reporter before being elevated to North Carolina News Editor in 2005. He will move to Washington to take over his new duties and report to Washington Bureau Chief Sally Buzbee. Politico / Dylan Byers on Media He is expected to oversee the AP’s political coverage through the 2014 and 2016 elections. The AP has been without a stable political editor since Liz Sidoti left in December to join BP, the oil and gas company, as head of communications for its U.S. division. Washington news editor David Pace took over as interim editor while the AP conducted its search for a permanent replacement.

Disney Tried to Buy BuzzFeed (Fortune)
The Walt Disney Co. was in talks to acquire online content juggernaut BuzzFeed earlier this year. Talks apparently broke down over price — with BuzzFeed said to have sought upwards of $1 billion — and are not believed to still be active. Mashable Disney would later go with Maker Studios, the YouTube-centric video production company. Maker cost Disney $500 million, but could add another $450 million if the video producer hits certain incentive targets, bringing it close to the $1 billion asking price of BuzzFeed. The acquisition of BuzzFeed would have given Disney a serious digital beachhead, particularly if it had also gone through with the Maker purchase. CNBC “The only thing that I will say is we had some conversations with BuzzFeed months ago, there’s nothing active right now,” Disney CEO Bob Iger said when asked about the report. “I like BuzzFeed a lot. I think they have done a great job. I like that media space — it’s a truly new media platform in many respects — we ended up buying Maker Studios,” Iger said. “It’s not quite the same, but there are some similarities — short-form video, viral video. So, I think… at this point we have a full hand in that space.”

DreamWorks Animation Takes $57 Million Writedown on Mr. Peabody (Variety)
DreamWorks Animation SKG has taken a $57 million impairment charge against earnings due to the disappointing box office results for Mr. Peabody and Sherman. The company reported Tuesday a first-quarter loss of $42.9 million, or 51 cents a share, on revenues of $147.2 million. DreamWorks Animation posted earnings of $5.6 million, or seven cents a share, on revenues of $134.6 million during the 2013 first quarter. Deadline New York The write-down “is evidence of the current challenges we face within our feature film segment, and restoring the strength in our core business is my number one priority today,” CEO Jeffrey Katzenberg said. He adds that DWA’s next release – How To Train Your Dragon 2, set to open June 13 — “will put us back on-track to once again reach the levels of box office success that we’ve achieved historically.” TheWrap Peabody has grossed $261 million at the worldwide box office — a large sum, but not enough for a movie that cost $135 million to produce and millions more to market. The movie contributed just $3 million in revenue this quarter, but the costs accrue in the lead-up to the movie’s release. DreamWorks Animation said its main distributor, Fox, had yet to recoup its investment. DreamWorks Animation has taken a writedown on three of its last four movies – TurboRise of the Guardians and PeabodyWSJ The company’s shares dropped 5.2 percent to $25 in after-hours trading. DreamWorks has been trying to focus more on generating results from its offerings beyond the multiplex, particularly with a deal it struck in 2012 with Netflix Inc.