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9:40 PM ET, February 19, 2025

Mediagazer

 Top News: 
Austin American-Statesman:
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 …
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
RELATED:
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.
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
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 …
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 …
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
 
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 More News: 
Michael Levenson / New York Times:
A Mississippi judge has ordered a local newspaper to remove an editorial criticizing Clarksdale city officials; the paper's owner plans to challenge the order
Erik Larson / Bloomberg:
Trump Media and Rumble sue a Brazilian Supreme Court justice, alleging he tried to illegally suppress the US social media activity of conservative Brazilians
 Earlier Picks: 
Daniel Thomas / Financial Times:
An interview with Sky News Chair David Rhodes, a US cable news veteran who says the channel has never turned a profit in 36 years, as he works to overhaul Sky
Kavitha Iyer / Article 14:
At least three nonprofit Indian investigative outlets, including The File, have been hamstrung since H2 2024 by tax authorities revoking their nonprofit status
Alissa Quart / Columbia Journalism Review:
The US needs a working-class media covering wage stagnation, medical debt, housing from renters' perspectives, people living paycheck to paycheck, and more
Nika Schoonover / Courthouse News Service:
A US federal judge orders Carlos Watson and Ozy Media to pay $36M+ in restitution and nearly $60M in forfeiture for lying about finances; Watson plans to appeal
Discussion: New York Post
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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