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12:50 PM ET, March 4, 2025

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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  —  The company is “firmly on track to reach 50-10 million subscribers, says CEO Maxime Saada, touting the importance of cinema …
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 …
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 …
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.
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 …
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.
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 …
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  —  Los Angeles paper's ‘Insights’ tool comes after months of public debate between opinion staff and billionaire owner
 
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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: 
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
Brian Steinberg / Variety:
Lachlan Murdoch says Fox Nation has 2M to 2.5M subscribers, suggests a new stand-alone Fox streaming outlet would be aimed at “cord nevers” and “cord cutters”
 

 
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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