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Sources: Paramount is in talks with Donald Trump to settle his $10B 60 Minutes lawsuit, believing a deal would persuade Trump to not block its planned merger — A settlement, if reached, would be an extraordinary concession by a major U.S. media company to a sitting president.
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FCC Chairman Brendan Carr told CEOs of NPR and PBS that he had ordered a probe into whether member stations are airing commercial ads when they air sponsorships — Brendan Carr, the chairman of the Federal Communications Commission, said the inquiry could help Congress decide whether to continue funding local stations.
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Apple Services revenue reached an all-time high of $26.34B in Q1, up 14% YoY, beating estimates and helping lift the company's gross margin to a record 46.9% — Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business.
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Experts say the Kremlin's throttling of YouTube is driving Russians to state-controlled platforms; Google data shows Russian traffic to YouTube is down ~66% YoY — The Kremlin is trying to cripple YouTube in Russia, internet experts say, pushing some people to state-controlled domestic alternatives.


How resident-run Facebook groups in Colorado are filling the void left by shuttered local newsrooms; in three counties, Facebook groups are the only news source — TRINIDAD, Colo. — “Trinidad is a Facebook town,” said Karen Jo (KJ) Agnello, the founder and moderator of The Voice of Trinidad …
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Sarah Stonbely, PhD on LinkedIn


Over 25 streaming partners including Disney+, Apple TV+, Netflix, and Prime Video simulcasted the FireAid fundraiser for Los Angeles, bypassing linear TV — Over 25 streaming partners will simulcast a mammoth five-and-a-half-hour FireAid benefit concert on Thursday to fundraise …
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Sources: Amazon is ramping up ad spending on X, as companies re-evaluate their stances in a changing political climate; source: Apple considers a return to X — Shift occurs after many brands cut advertising on the platform over hate-speech concerns; Apple considers a return to site


Sources: ITV has been holding early talks with Abu Dhabi-backed RedBird IMI about a potential merger of their production businesses, ITV Studios and All3Media — British broadcaster ITV (ITV.L) has been holding early-stage talks with Abu Dhabi-backed group RedBird IMI about a possible merger …
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Variety, Yahoo Finance and Deadline


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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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
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SiriusXM reports Q4 revenue down 4% YoY to $2.19B, vs. $2.17B est., FY 2024 self-pay subscribers down by 296K, and 33M total subscribers at the end of 2024 — SiriusXM, which has been trimming staff and regrouping in several areas in a bid to reverse subscriber losses, reported better-than-expected results in the fourth quarter.
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Abu Dhabi's English-language newspaper The National laid off 28 journalists; sources: cuts included employees on the multimedia, digital, and foreign desks — The Scoop — Abu Dhabi's The National laid off 28 journalists Thursday, a spokesperson confirmed, amid a restructuring of the English-language publication.


Amazon sues Washington state to limit the release of public records to The Washington Post about Jeff Bezos' Amazon Project Kuiper satellite facility in Seattle — In-depth Amazon coverage from the tech giant's hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more.


A Russian court issues an arrest warrant for Jerome Starkey, defense editor at the UK's Sun, for entering Russia from Ukraine; Downing Street condemns the move — The Kursk regional court accused Jerome Starkey of illegally crossing the border into Russia. — Your support helps us to tell the story