Mediagazer: A US federal judge declined to dismiss an investor lawsuit alleging Bob Chapek aimed to hide Disney+ costs and make forecasts it would be profitable by 2024 (Winston Cho/The Hollywood Reporter)

Gannett signs a deal to sell the Austin American-Statesman and related publications to Hearst Corporation; the sale is expected to close by March 31 — American-Statesman staffAustin American-Statesman — Gannett Co. has signed an asset purchase agreement with Hearst Corporation to divest …

Discussion: Gannett Co., Inc., TVNewsCheck, @caseyseiler.bsky.social, @jswatz.bsky.social, @abigailrosenthal.bsky.social, @mcpli.bsky.social, Houston Business Journal, mikemcguff.com and MediaPost

Bron Maher / Press Gazette:

ABC: 50%+ of 164 audited UK magazines saw their print circulation decline by 10%+ in 2024; 13 increased their print circulation, with Homes & Gardens up 8% — More than half of the magazines audited by ABC saw their print circulation decline by 10% or more in 2024, the latest data show.

Discussion: Press Gazette, ABC and The Media Leader

Charlotte Tobitt / Press Gazette:
ABC: 55% of the combined 2024 digital magazine circulation in the UK came from “all you can read” services like Apple News+, Kindle Unlimited, and Readly

Discussion: The Media Leader

Washington Post:

Email: the US State Department orders the cancellation of news subscriptions globally, in particular the Economist, NYT, Politico, Bloomberg, AP, and Reuters — Embassies and consulates were told to terminate subscriptions to the New York Times, the Associated Press and others.

Discussion: Reuters, The Guardian, @dannygroner.bsky.social, @cmonstah.bsky.social, New York Post, @ginsengity.bsky.social, Adpulp, TVNewsCheck, @davekeating, @mediaevan.bsky.social, @jonathanmaus.bsky.social, @attorneynora.bsky.social, @laurenleharper.bsky.social, @taraogrady.bsky.social and @Nonilex@masto.ai

Ted Johnson / Deadline:

Filing: CBS plans to seek financial information from Trump, Truth Social, TMTG, and more if Trump's $20B lawsuit against CBS goes to a discovery phase — The network's attorneys outlined their likely requests in a filing in Texas federal court on Tuesday. They also said they would seek …

Discussion: The Root, Mediaite, Poynter, The Washington Free Beacon, People and TVNewsCheck

The Guardian:

Italy's national journalist union launches legal action after Giorgia Meloni's government refused to answer questions about allegedly using spyware on critics — Union submits criminal complaint to prosecutors as ministers refuse to answer questions about alleged hacks

Discussion: @vaspanagiotopoulos.com, European Federation …, Bloomberg and @fabiochiusi.bsky.social

Winston Cho / The Hollywood Reporter:

A US federal judge declined to dismiss an investor lawsuit alleging Bob Chapek aimed to hide Disney+ costs and make forecasts it would be profitable by 2024 — A judge declined to dismiss a lawsuit from investors who claimed former CEO Bob Chapek aimed to hide Disney+ costs and make forecasts that it would be profitable by 2024.

Suzanne Vranica / Wall Street Journal:

Sources: top X execs hinted to Interpublic and other ad firms that a lack of spending on X could lead to legal woes, due to X's lawsuit against some advertisers — Interpublic recently signed an advertising agreement with the platform; other agencies are also in negotiations

Discussion: @proggrrl.bsky.social, Arielle Garcia on LinkedIn, @chronotope.aramzs.xyz, @wsjbusiness and @ryanbarwick, more at Techmeme »

Tom Wheeler / Brookings:

FCC Chair Brendan Carr should clarify the vague “public interest standard”, as his politicization of FCC's processes against CBS goes against legal precedent — The Order prohibits any “federal department, agency, entity, officer, employee, or agent” from acting …

Discussion: Status, Truth on the Market, TVNewsCheck, The Hill, Mediaite and The Wrap

Matt Tamanini / The Streamable:

FanDuel Sports, the renamed regional sports network that succeeded Bally Sports, is now available on Amazon Prime Video, offering channels for $19.99/month — After well over a year, the in-market sports streaming service is finally available through Amazon's streaming hub.

Discussion: Awful Announcing, Business Wire, Barrett Media, The TV Answer Man!, Cord Cutters News, Bloomberg and KSTP-TV

Deadline:

The BBC added a clarification to its documentary Gaza: How To Survive a Warzone and apologized, after failing to declare the narrator was a Hamas leader's son — The BBC “had not been informed of this information” by the independent producers behind the doc, the corporation added …

Discussion: The Guardian, One America News Network and New York Post

Brian Steinberg / Variety:

Adrienne Roark, who was named president of CBS News in August of last year, plans to leave the company at the end of February to take a role at Tegna — They just can't keep senior executives at the top of CBS News. — Adrienne Roark, who was named president of the Paramount Global news division …

Discussion: Fox News, TV Tech, @c_cgottlieb, The Wrap, @byronbeck, Adweek, New York Post, @thegussreport, @bristei, The Desk, Cord Cutters News, @joematrixtruth, TVNewsCheck, The Hollywood Reporter and Radio & Television …

Caitlin Huston / The Hollywood Reporter:

SiriusXM expands its $5.99 per month podcast subscription offering to Spotify, YouTube Music, and more, after launching it on Apple Podcasts in August 2024 — The SiriusXM Podcasts+ offering is expanding to YouTube Music and Spotify. — SiriusXM is expanding its podcast subscription offering to Spotify, YouTube Music and more.

Discussion: Inside Radio and Fortune