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5:55 AM ET, January 25, 2025

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 Top News: 
Charles Kaiser / Columbia Journalism Review:
Claire Heddles / NOTUS:
Amended FEC filings: WH Press Secretary Karoline Leavitt's failed 2022 congressional campaign owes $300K+ in unpaid debts that weren't initially disclosed  —  On Thursday, Karoline Leavitt's failed congressional campaign amended every FEC filing it had ever made to reveal that she failed …
Patrick Coffee / Wall Street Journal:
Nielsen plans to stop selling its TV ratings product that solely uses consumer panels in Q4 2025, moving to a tool combining panels with smart-TV data and more  —  The dominant ratings provider hopes to fend off competitors by pivoting to a bundle that combines its consumer panels with data …
Discussion: The Desk and @tvgrimreaper
Addie Morfoot / Variety:
A look at documentaries at Sundance: indie films still struggle to get distribution, political topics remain crucial despite a challenging market, and more  —  It's no secret that corporations like Netflix, Amazon, and Apple have lost their appetite for current event documentaries that tackle politics.
Jorge Mercado / Pacific Coast Business Times:
How the assets of the Santa Barbara News Press, which closed after bankruptcy in 2023, ended up with nonprofit NEWSWELL, as the nonprofit plans a relaunch  —  It has been a year and a half since the Santa Barbara News Press, the former longest running daily newspaper in Southern California …
Tom Bowman / NPR:
Former Fox News host Pete Hegseth wins Senate confirmation to become Donald Trump's defense secretary, after Vice President JD Vance cast a tie-breaking vote  —  Pete Hegseth overcame allegations of sexual assault, public drunkenness and questions of financial mismanagement at two veterans' groups …
Katie Deighton / Wall Street Journal:
ShopMy, which lets brands run influencer marketing efforts, raised a $77.5M Series B led by Bessemer and Bain, sources say at a $410M valuation vs. $80M in 2024  —  Tech firms that speed up and automate brands' partnerships with social-media influencers are becoming hot commodities as advertisers scramble to reach consumers online
Kerry Flynn / Axios:
Sources: Blackstone-backed IDG nears a deal to sell Foundry, which runs outlets like PCWorld and Macworld, to private equity firm Regent  —  The sources wished to remain anonymous because the deal is not yet public.  — Terms of the agreement could not be determined.
Discussion: @harrymccracken.com
Lauren Forristal / TechCrunch:
Flip, which lets shoppers share video reviews and earn cash based on engagement, launches a creator fund that grants up to $100M of equity over 5+ years  —  Flip is a social commerce app that lets shoppers become creators.  They can share honest reviews and earn cash based on engagement on the platform.
Sarah Perez / TechCrunch:
Similarweb: RedNote's DAUs in the US fell by 54% on January 20 when the TikTok ban was put on hold, after reaching a high of 32.5M DAUs on the day of the ban  —  In the days leading up to the TikTok ban in the U.S. on Sunday, U.S. users flooded the Chinese app RedNote, which offered …
Ivan Mehta / TechCrunch:
Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content”  —  Meta's X rival Threads said Friday that it is now testing ads with select brands in the U.S. and Japan.
 
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 More News: 
Melanie Goodfellow / Deadline:
Apple TV+ signs a four-year agreement with French audiovisual groups, investing 20% of its net annual France turnover in European and French content
Matthew Keys / The Desk:
Source: Allen Media Group reverses some of its plans to lay off 100+ local TV meteorologists and outsource regional weather forecasts to its Atlanta facilities
Adweek:
Newsweek generated $90M in revenue at a profit margin of 20% in 2024, up from $20M revenue in 2018; digital advertising made up 63% of revenue in 2024
 Earlier Picks: 
Charlotte Klein / New York Magazine:
David Remnick, editor of The New Yorker for over a quarter of a century, remains at work amid speculation over his potential successor as the magazine turns 100
Hannah Miller / Bloomberg:
Filing: Disney CEO Bob Iger's total pay rose by 30% YoY in FY 2024 to $41.1M, primarily as bigger stock and option awards and a bonus
Robert Channick / Yahoo Finance:
Chicago Public Media offers buyouts to Chicago Sun-Times journalists and WBEZ business staff; CEO Melissa Bell is aiming to shave $3M-$5M from the annual budget
 

 
From Techmeme:

Emma Roth / The Verge:
Nintendo delays Switch 2 preorders that were set for April 9 due to concerns about Trump's tariffs but the June 5 launch date remains unchanged

Dominic Preston / The Verge:
Microsoft Copilot adds support for memory, personalization, web-based actions, podcast creation, camera and screen analysis, deep research, and more

Kyle Wiggers / TechCrunch:
Sam Altman says OpenAI plans to release o3 and o4-mini “after all” and GPT-5 “in a few months”, citing challenges in “smoothly integrating everything”

 
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