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1:20 PM ET, January 30, 2025

Mediagazer

 Top News: 
Lillian Rizzo / CNBC:
Comcast reports Q4 revenue up 2% YoY to $31.92B and media revenue, including its TV networks, up 3.5% to $7.22B; Comcast lost 311K cable TV customers  —  Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
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Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock's Q4 losses fell to $372M from an $825M loss in Q4 2023 and revenue rose 28% YoY to $1.3B; subscribers stood at 36M, unchanged from Q3
Kurt Wagner / Bloomberg:
Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an “invasive and charged interview” for canceling Lemon's $1.5M partnership with X  —  - Former CNN star is suing Musk over failed $1.5 million deal  — X owner says journalist's interview led to ‘sour’ relationship
Yasmin Rufo / BBC:
The BBC apologizes to staff after an internal review found employees felt unable to raise concerns about Russell Brand's misconduct during his tenure at BBC  —  The BBC has apologised to staff who felt they could not speak up with concerns about Russell Brand's behaviour because he was seen as …
Alex Weprin / The Hollywood Reporter:
Amazon hikes prices of Amazon Music Unlimited for Prime and non-Prime members by $1 to $10.99 and $11.99 per month, and Unlimited Family Plan by $3 to $19.99  —  The higher prices come just a few months after market leader Spotify adjusted subscription prices of its own.
Wall Street Journal:
Meta agrees to pay ~$25M to settle Trump's 2021 lawsuit against Meta and Mark Zuckerberg after the company suspended his accounts following the January 6 riot  —  The president had sued the social-media company after his accounts were suspended following Jan. 6 riot
Jess Weatherbed / The Verge:
The Authors Guild launches a project for writers to certify their books as human-authored and not AI generated, initially for members and single-author books  —  Books not created by AI will be listed in a US Authors Guild database that anyone can access.  —  Books not created by AI …
Charlotte Tobitt / Press Gazette:
UK magazine publisher Future names its EVP of B2C Kevin Li Ying as its next CEO, succeeding Jon Steinberg, effective from March 31 2025  —  Future has named its executive vice president of business-to-consumer operations and former chief technology officer, Kevin Li Ying, as its next CEO.
Lily Meier / Bloomberg:
How Barnes & Noble made an unlikely comeback due to BookTok's viral book recommendations driving up sales, which have risen by “mid-single digits” since 2021  —  BookTok readers are flocking to physical stores to snag a copy of the latest viral hit—and helping the once-struggling chain turn a corner.
 
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 More News: 
Mark Sweney / The Guardian:
Letter: DMG Media plans to merge Daily Mail's print operations with MailOnline, resulting “in a number of job losses”, as it looks to boost Mail+ subscriptions
Discussion: Press Gazette
NewsGuard's Reality Check:
NewsGuard: with news-related prompts, DeepSeek's chatbot repeated false claims 30% of the time and provided non-answers 53% of the time, giving an 83% fail rate
 Earlier Picks: 
Meta Investor Relations:
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024
Zaheer Kachwala / Reuters:
Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which can be allocated to various investments, like bitcoin and other crypto
Alex Weprin / The Hollywood Reporter:
Fox EVP of Ad Sales Mark Evans says there is an increase in Super Bowl ad buys from AI companies, while ad buys from movie studios and streamers are down