Top News:
Bobby Allyn / NPR:
Donald Trump signs an EO pausing the TikTok ban for 75 days to give ByteDance more time to reach a deal and aims to protect TikTok's providers from liability — President Trump signed an executive order on Monday seeking to hit pause on a law banning TikTok and to provide a liability shield …
Discussion:
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Lauren Feiner / The Verge:
ByteDance-owned video editing app CapCut is now working in the US, but is still not in app stores, after Trump signed an EO attempting to pause the TikTok ban — CapCut, the ByteDance-owned video editing app that's subject to the same ban as TikTok, is working again in the US.
Reuters:
Prince Harry's case against Rupert Murdoch's News Group Newspapers over alleged wrongdoing from 1996 to 2011 goes to trial in London, set to last eight weeks — The start of Prince Harry's court battle against Rupert Murdoch's British newspaper group was delayed at London's High Court …
Discussion:
Byline Times, The Guardian, HELLO!, Washington Post, BBC, UPI, Deadline, @danielthomasldn, @davidfolkenflik, @davidfolkenflik, @davidfolkenflik, Variety, Raw Story, The Hollywood Reporter, @davidfolkenflik, Cele|bitchy, @davidfolkenflik, @davidfolkenflik, @davidfolkenflik, GB News, NPR and Financial Times
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Marta Balaga / Variety:
Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US — By the end of 2024, TikTok has generated approximately $8 billion in ad revenue in the U.S.
Sara Fischer / Axios:
Sources: The New York Times is exploring bundled subscription partnerships for its lifestyle products with smaller publishers, to expand its US subscriber base — - Examples of international subscription bundle partners include El País in Spain, Corriere della Sera in Italy, and Politiken in Denmark.
Discussion:
@sarafischer and @benmullin
Max Goldbart / Deadline:
Parrot Analytics estimates Severance season 1 earned $200M+, with ~50% coming in the year following the finale; Ted Lasso generated $609.4M from Q3'20 to Q3'24 — Parrot came to these figures via its Content Valuation methodology, which uses a formula to correlate audience demand with subscribers and therefore revenue.
Discussion:
The Streamable, AppleInsider and 9to5Mac, more at Techmeme »
Sara Fischer / Axios:
Philip Rucker, the Washington Post's Pulitzer Prize-winning national editor, joins CNN as senior vice president of editorial strategy and news — - Rucker, a Pulitzer Prize-winning journalist, has been with the paper for two decades. … - He will help manage newsgathering efforts around politics …
Todd Spangler / Variety:
Amazon's IMDb says founder Col Needham will step down as CEO and move to executive chair, and appoints COO Nikki Santoro as CEO; Needham launched IMDb in 1990 — Col Needham, who founded of entertainment info site IMDb in 1990, is stepping aside as CEO of the Amazon-owned property.
Discussion:
TechCrunch, IndieWire, The Wrap, TVNewsCheck, Gizmodo, The Verge, IMDb, Republic World, Deadline, The Hollywood Reporter and @kylebrussell
Brian Steinberg / Variety:
Fox News Channel says that The Will Cain Show will carry “a signature podcast style”, marking a potential shift in how cable news delivers content to viewers — Neil Cavuto held forth at 4 p.m. on Fox News Channel from a New York studio for more than a quarter century …
Discussion:
Fox News and Hollywood Life
Rick Porter / The Hollywood Reporter:
Sony Pictures Television promotes Keith Le Goy, who has been with the studio for 25+ years, to chairman, succeeding Ravi Ahuja, who was named president and CEO — The veteran executive succeeds Ravi Ahuja in the post. — Sony Pictures Television has filled its top job by hiring from within.
The Information:
Source: Meta is offering creators with large TikTok followings bonuses ranging from $10K to $50K per month to post on Instagram Reels before other platforms — Instagram isn't letting a good TikTok crisis go to waste. — Representatives for the Meta Platforms-owned app in the last week …
Csongor Körömi / Politico:
Le Monde says it will no longer post content on X, saying Donald Trump's “alliance” with social media bosses like Elon Musk “represents a global threat” — Negatives clearly outweigh the positives, says editor-in-chief. — This article is also available in: French
Adam Sherwin / The i Paper:
An interview with BBC North America Editor Sarah Smith, who says the BBC will not be intimidated by legal threats from Donald Trump to muzzle the media — BBC won't be intimidated by Donald Trump's legal threats against news channels, says its North America editor Sarah Smith
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