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1:30 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.
RELATED:
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
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Apple removes Advanced Data Protection in the UK for new users, pulling the optional E2EE feature rather than complying with the UK's order to build a backdoor

Oliver Knight / CoinDesk:
ZachXBT: crypto exchange Bybit has experienced $1.46B worth of “suspicious outflows”; Bybit CEO confirms hacker took control of a cold ETH wallet

David Heaney / UploadVR:
Apple releases visionOS 2.4 developer beta, adding Apple Intelligence, a guest mode, a Spatial Gallery app, an iPhone app for remote installs, and more

 
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