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12:55 PM ET, February 20, 2025

Mediagazer

 Top News: 
Justin Kroll / Deadline:
Amazon MGM Studios, Michael G. Wilson, and Barbara Broccoli form a JV to house James Bond IP rights, under which Amazon gains creative control of the franchise  —  In news that will send shock waves through the industry, longtime James Bond producers Michael G. Wilson and Barbara Broccoli …
Oliver Darcy / Status:
40 news organizations signed a letter delivered to the White House this week, asking the White House to lift its AP ban immediately in support of press freedom  —  News outlets across the political spectrum have united behind the AP, signing a WHCA-backed letter urging the White House …
Financial Times:
Mathias Döpfner calls Trump's Politico attacks a “misunderstanding” and says many Europeans had “intentionally misunderstood” JD Vance's speech in Munich  —  Mathias Döpfner says many Europeans had ‘intentionally misunderstood’ the US vice-president's speech that caused widespread horror
Aisha Malik / TechCrunch:
Substack adds the ability to post videos from its app and lets creators monetize videos, and plans to add more video tools like trimming and enhanced analytics  —  As TikTok's future in the U.S. remains uncertain, Substack tries to lure creators to its platform by doubling down on video.
Discussion: On Substack
Alex Sherman / CNBC:
Sources: ESPN plans to add some user-generated content to its flagship streaming service, which will debut later in 2025 and could be priced at $25 or $30/month  —  In an attempt to court younger audiences, Disney's ESPN is planning to add some user-generated content to its yet …
Nellie Andreeva / Deadline:
Apple says Severance has become the most-viewed series on Apple TV+ globally, surpassing Ted Lasso; the series also helped bump subscription signups in January  —  According to the streamer, Severance has broken Apple TV+ records, launching as the platform's #1 series in history based on number …
Michel Rose / Reuters:
A French court upholds TV channel C8's shutdown for failures to protect human rights and protect minors, as right-wing politicians claim a free speech violation  —  France's top administrative court has upheld a decision to shut down popular TV channel C8 for repeated failures to respect human rights …
CNBC Press Releases:
CNBC International appoints Spriha Srivastava to oversee digital content, starting from May; Srivastava left BI as its executive editor & UK bureau chief  —  LONDON, February 20, 2025 - CNBC, First in Business Worldwide, today announced the appointment of Spriha Srivastava as Vice President …
Jess Weatherbed / The Verge:
Spotify will begin accepting AI-narrated audiobooks recorded using ElevenLabs software; Spotify already allows AI-recorded audiobooks, with several restrictions  —  A new ElevenLabs partnership aims to help authors bring AI-narrated audiobooks to Spotify listeners.
Alex Weprin / The Hollywood Reporter:
A+E Networks launches a digital division to unify its digital efforts, including YouTube channels and SVOD platforms, and plans a History.com relaunch  —  Ann McGowan will join the company as its digital GM, with a relaunch of History.com as the first big project.
Discussion: Adweek, Variety, The Wrap and WORLD SCREEN
Georg Szalai / The Hollywood Reporter:
TelevisaUnivision reports Q4 revenue down 1% YoY to $1.3B, operating expenses flat at $892M, and says its DTC business generated $1B in annual revenue  —  “2024 was a year of continued momentum for TelevisaUnivision, and my early days at the helm have reinforced the tremendous opportunity ahead of us," says CEO Daniel Alegre.
Jess Weatherbed / The Verge:
Twitch plans to implement a 100-hour storage cap for Highlights and Uploads from April 19, automatically deleting content from streamers who exceed the limit  —  Streamers who have exceeded this limit will have their content automatically deleted until it meets the threshold.
Abid Rahman / The Hollywood Reporter:
MPA: Max added 1.4M subscribers in Q4 2024 in Southeast Asia, capturing 26% of net customer additions for streaming services, while Netflix accounted for 48%  —  A new report from Media Partners Asia reveals that Warner Bros. Discovery's streamer added 1.4 million subscribers in Q4 2024 in five key SEA markets.
Discussion: WORLD SCREEN, Decider, Deadline and Variety
 
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 More News: 
Charlotte Tobitt / Press Gazette:
Gallery Media Group says it made $50M in 2024 revenue from its women's media title PureWow and 50+ social-only brands on TikTok, Instagram, and YouTube Shorts
Wired:
Investigation: Google's Display & Video 360 ad platform lets users target Americans' sensitive personal data, despite Google's rules against such practices
 Earlier Picks: 
Suzanne Vranica / Wall Street Journal:
Sources: top X executives hinted to Interpublic and other ad firms that not spending on X could lead to legal woes, due to X's lawsuit against some advertisers
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
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
Discussion: Inside Radio
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%
Discussion: Press Gazette and ABC
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
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI
 
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