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1:25 PM ET, March 4, 2025

Mediagazer

 Top News: 
Oliver Darcy / Status:
Sources: incoming Paramount president Jeff Shell asked CBS News chief Wendy McMahon and 60 Minutes boss Bill Owens in October to release the Harris transcript  —  As Paramount's merger with Skydance nears the finish line, CBS News chief Wendy McMahon and “60 Minutes” boss Bill Owens …
Katie Robertson / New York Times:
Sources: WaPo CEO Will Lewis and Executive Editor Matt Murray skipped a screening of Becoming Katharine Graham, a new documentary on the WaPo's fabled publisher  —  A premiere for a documentary about Katharine Graham, the longtime publisher, had people talking about changes at the paper, and in Washington.
Dominic Ponsford / Press Gazette:
Reach reports FY 2024 revenue down 5.3% YoY to £539M, operating profit up 6% to £102M, digital revenue up 2.1% to £130M, and print revenue down 7.3% to £407M  —  Cost cuts and growing digital revenue helped Reach to increase its annual profits in 2024 as it released its results for the year.
Martin Baron / The Atlantic:
Jeff Bezos handled his ownership of The Washington Post admirably for over a decade but then faltered badly, cozying up to Trump to avoid the president's wrath  —  The day the world learned that Jeff Bezos would buy The Washington Post, the Amazon founder offered assurances that he would not cower …
Georg Szalai / The Hollywood Reporter:
WBD says Max will launch in Turkey on April 15, replacing BluTV, acquired in late 2023, and reiterates plans to increase its investment in local productions  —  Turkey becomes the 77th Max territory and “marks a significant moment in the globalization of WBD's streaming service,” the company said …
Hritam Mukherjee / Reuters:
India's top court allows podcaster Ranveer Allahbadia, charged with obscenity, to resume airing his shows, provided they meet “decency and morality” standards  —  India's top court allowed a podcaster charged with obscenity to resume airing his shows on the condition they met standards of …
RELATED:
Georg Szalai / The Hollywood Reporter:
Canal+ reports FY 2024 revenue up 3.6% YoY to €6.45B, EBITA up 5.4% YoY to €503M, subscribers up 0.4% YoY to 26.9M, and a debt level of €355M
Kerry Flynn / Axios:
Firsthand, whose tools let marketers and publishers engage consumers through AI agents on their own sites or other sites as paid media, raised a $26M Series A  —  - The New York-based startup previously raised $6.6 million in seed funding, led by Radical Ventures.
Aidan Ryan / The Boston Globe:
The Maine Trust for Local News, which owns 22 newspapers, is laying off 49 employees and reducing print editions to cut costs and focus on digital products  —  The nonprofit Maine Trust for Local News, which owns 22 daily and weekly newspapers including the Portland Press Herald …
Georg Szalai / The Hollywood Reporter:
UK parliamentary hearing: BBC DG Tim Davie says BritBox now has 4M+ US users and a “charter for a generation” to protect the BBC's independence is his goal  —  The executive and chair Samir Shah appeared in front of the Culture, Media and Sport Committee of the House of Commons in Britain's parliament.
Discussion: Deadline and GB News
 
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 More News: 
Annie Aguiar / New York Times:
After the success of crowdfunded show The Chosen, streamers are focusing on Bible stories with Game of Thrones-style intrigue and romantic comedy elements
Benjamin Mullin / New York Times:
Gannett fires The Palm Beach Post Editorial Page Editor Tony Doris after he ran a cartoon on the Israel-Hamas war that drew criticism from a local Jewish group
Rick Porter / The Hollywood Reporter:
Nielsen and Disney: the 97th Oscars averaged 18.07M viewers in the US, down 7% YoY, across ABC and Hulu, where it was livestreamed for the first time
 Earlier Picks: 
Lois Beckett / The Guardian:
Patrick Soon-Shiong says LAT opinion pieces will show an AI-generated rating of their political content, and an AI-generated list of alternative political views
Sahil Patel / The Information:
Sources: YouTube is preparing a Netflix-like redesign of its TV app, with paid content from other streamers like Max and Paramount+ on the homepage
Discussion: Tubefilter and The Verge
 

 
From Techmeme:

Ashley Gold / Axios:
New York Gov. Kathy Hochul signs the RAISE Act into law; the AI safety bill's text was modified earlier to more closely resemble California's SB 53

Beatrice Nolan / Fortune:
Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product

Andrej Karpathy / karpathy:
2025 LLM Year in Review: shift toward RLVR, Claude Code emerged as the first convincing example of an LLM agent, Nano Banana was paradigm shifting, and more
 
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