Mediagazer: Fubo reports Q4 North America revenue up 8% to $433.8M, a net loss of $40.9M, down from $71M in Q4 2023, and 1.67M paid subscribers; FUBO drops 21%+ (Etan Vlessing/The Hollywood Reporter)

11:15 AM ET, February 28, 2025

Top News:

Joshua Benton / Nieman Lab:

Jeff Bezos' opinion section changes contradict his October 2024 edict that WaPo won't endorse a presidential candidate because it can't be seen as taking a side — Months after insisting he would never allow his personal interests to influence the Post's content, one of the world's richest …

Gene Weingarten / The Gene Pool:

Source: The Washington Post's media critic Erik Wemple wrote about the changes at its opinion section, but the piece was killed — Hello. — Welcome to a special edition of — Yesterday, at a hastily called meeting of the Opinions section of The Washington Post …

Discussion: @joshgerstein, Eric Anderson on LinkedIn, @jpodhoretz, @jonathanchait, @muwxguy.bsky.social, @jongorey@threads.net, @froomkin.bsky.social, CNN and Deseret News

Oliver Darcy / Status:

Sources: in a tense meeting with journalists, Pentagon Press Secretary Sean Parnell said he'll end the travel pool and implied reporters “trash the warfighter” — Inside a tense off-the-record meeting, the Pentagon's new press chief confronted reporters and indicated they will do away …

Discussion: TVNewsCheck, @sashotodorov.bsky.social, @cthomasjamh.bsky.social, @oliverdarcy.bsky.social, @oliverdarcy.bsky.social, @dodresponse, @ohiorob.bsky.social, @moivtx.bsky.social, @timtrautmann.com, @status.news and prima donna …

S.V. Date / HuffPost:

The US political press has not dealt with autocrats working this hard to seize power; trading soft coverage for access could fail media audiences and democracy — WASHINGTON — We are not ready for this. — The Washington, D.C., press corps, used to playing small ball for small exclusives …

Discussion: @joeperticone, @andrewfeinberg, @svdate, @fritschner, @lizskalka, @dwass, @brianstelter, @arifleischer, @afrakroon.bsky.social, @blueangie.bsky.social, Daily Kos, @ruralindependent.bsky.social, Raw Story and Politico

Jake Kanter / Deadline:

GB New wins a landmark case against Ofcom after a judge finds a decision that GB News breached due impartiality rules with Jacob Rees-Mogg's show was unlawful — In a High Court ruling, a judge found that Ofcom was unlawful in determining that GB News breached broadcasting rules …

Discussion: Variety, TVNewsCheck, Telegraph, @bubbaprog.lol, @nigel_farage, @gbnews, Mirror, GB News and GB News

Patrick Coffee / Wall Street Journal:

Websites and apps for all 32 NFL teams had been collecting detailed consumer data without notice or opt-out choices; the NFL has updated policies to fix issues — Digital data, including information about consumers' precise movements and locations, was shared with ad-tech vendors

Discussion: Adweek, TVNewsCheck and The Hill

Sharon Knolle / The Wrap:

Source: over 40 newsroom employees at the Los Angeles Times have taken buyout offers from owner Patrick Soon-Shiong, including roughly 17 reporters — “We should put out a missing flyer in search of the man who bought our paper and made promises about its future,” one employee tells TheWrap

Discussion: @jen_rice_, @gerrickkennedy, @davidfolkenflik, @joelrubin, @benmullin and @mediaevan.bsky.social

Sewell Chan / Columbia Journalism Review:
The last remaining member of the Los Angeles Times editorial board, Carla Hall, says she is taking a buyout, ending her 32-year tenure at the paper

Discussion: Talking Biz News, @brittny_mejia, @mikebonin, @geholland, @abbeyr28.bsky.social, @hannahcwiley.bsky.social, @nicosan1.bsky.social and @mattkrasnowski.bsky.social

Etan Vlessing / The Hollywood Reporter:

Fubo reports Q4 North America revenue up 8% to $433.8M, a net loss of $40.9M, down from $71M in Q4 2023, and 1.67M paid subscribers; FUBO drops 21%+ — The sports-focused streamer earlier unveiled a deal to merge with Walt Disney's Hulu+ live TV business. — Fubo TV ended the fourth quarter …

Discussion: Advanced Television, The Streamable, Benzinga, Deadline, Cord Cutters News, Streaming Better and ir.fubo.tv

New York Times:

Sources: at a Paramount board meeting this month, Shari Redstone said she was in favor of resolving President Trump's $20B lawsuit against CBS News — Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president's economic agenda, including tariffs?

Discussion: Associated Press, CBS News, @mgallagher.bsky.social, @mediaevan and @mattgertz

Mark K. Miller / TVNewsCheck:

Nexstar Q4: revenue up 14.1% YoY to $1.49B, ad revenue up 29.6% to $758M driven by election year political advertising, net income of $229M; NXST jumps 11.1% — That resulted in net Income of $229 million, adjusted EBITDA of $628 million, net cash provided by operating activities of $411 million …

Discussion: RADIO ONLINE, Yahoo Finance, The Desk and Nexstar Media Group, Inc.

Dade Hayes / Deadline:
Nexstar anticipates The CW to become profitable in 2026, largely due to a push into live sports, which account for about 40% of its total programming time

Discussion: @robnashville and @tvgrimreaper

Charlotte Tobitt / Press Gazette:

GB News reports revenue for the year to May 2024 up 132% YoY to £15.8M, losses down ~23% YoY to £33.4M, bringing total losses since its 2021 launch to £105.9M — GB News more than doubled its revenues in the past year to £15.8m but its total losses now top £100m.

Discussion: Financial Times

Sarah Perez / TechCrunch:

TikTok is preparing to shut down Creator Marketplace, which connects brands with creators, and replacing it with TikTok One, which includes AI tools, on April 1 — TikTok is preparing to sunset its creator marketplace in favor of a new, more expanded experience, the company has informed businesses and creators via email.

Discussion: TikTok For Business, Passionfruit and The Information, more at Techmeme »

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More News:

BBC:
The BBC apologizes and admits “serious flaws” in the making of a documentary on children in Gaza, after criticism that the narrator was a Hamas official's son

Discussion: Reuters, The Guardian, GB News, Twitchy, Declassified Media Ltd, The Independent, The Sun, BBC, @baldybane.bsky.social, Deadline, GB News, The Wrap, Variety and The European Conservative

Alexandra Bruell / Wall Street Journal:
Google Search's new rules for product-review sites upend publishers' business models; Similarweb says Forbes Advisor's traffic fell 83% YoY in January 2025

Discussion: Alison Barretta on LinkedIn, Glenn Gabe on LinkedIn and Jeff Li on LinkedIn

Todd Spangler / Variety:
Memo: Warner Bros. Discovery renames its DEI group to simply “Inclusion” as part of changes to comply with “the evolving legal landscape” in the US and globally

Discussion: CNN, @benmullin, Adweek, TVNewsCheck, The Hollywood Reporter, The Wrap, Deadline and New York Times

Michael Levenson / New York Times:
A Mississippi judge lifts an order requiring a newspaper to remove an editorial, after Clarksdale city officials voted to abandon their libel lawsuit

Discussion: Media & Communications Policy, Poynter, JONATHAN TURLEY, @thefireorg, @rcfp, Newser, @kennysmith.bsky.social, MediaPost, FIRE, TVNewsCheck, The Clarion-Ledger and WATN

Earlier Picks:

Aisha Malik / TechCrunch:
TikTok revamps its desktop website with a new modular layout, refreshed For You feed, a new Explore tab, and a floating player, in a bid to take on YouTube

Discussion: The Verge, TikTok, Fast Company, Music Ally, Digiday, Digital Music News, Engadget and Digital Trends

John Koblin / New York Times:
Sony Pictures Entertainment says it is soliciting bids from media and tech companies for the streaming rights to new episodes of Jeopardy! and Wheel of Fortune

Discussion: TV Insider, The Streamable, NewscastStudio, New York Post, @caseym.org, TVNewsCheck and r/Jeopardy

Dylan Butts / CNBC:
Meta apologizes and says it had fixed an “error” that resulted in some Instagram users seeing violent and graphic content in their Reels recommendations

Todd Spangler / Variety:
Pete Distad, previously named as the CEO of now-shuttered Venu Sports streaming service, will serve as CEO of Fox's recently announced DTC streaming service

Discussion: The Streamable, Sports Media Watch, @tvgrimreaper, The Desk, Cord Cutters News, CNBC, Media Play News, 9to5Mac, TV Tech, Adweek, Reuters, Barrett Media, Deadline, The Hollywood Reporter, The Wrap and WORLD SCREEN

From Techmeme:

Tripp Mickle / New York Times:
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half

Kyle Wiggers / TechCrunch:
OpenAI plans to retire GPT-4, launched in March 2023, from ChatGPT on April 30, to be “fully replaced” by GPT-4o; GPT-4 will remain available via OpenAI's API

Erin Woo / The Information:
Source: Google cuts hundreds of employees in its platforms and devices unit, which works on Android, Pixel, and Chrome, after offering buyouts in January 2025

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