Top News:


Gannett unionized employees and management have reached tentative contract deals at six newspapers in New Jersey and New York after threatened walkouts — Walkouts were averted at six Gannett titles in New Jersey and New York when employees agreed on “ life-changing” increases in pay and job protections.
Discussion:
New Jersey Globe and NewsGuild of New York
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Gannett posts job listings for an AI sports editor and AI-assisted sports reporter; after flubs in 2023, it paused using LedeAI for high school sports stories — Gannett plans to hire an “AI Sports Editor” and “AI-Assisted Sports Reporter” as America's largest newspaper chain doubles-down on artificial intelligence in its newsrooms.
Discussion:
@andrew_cohen0 and @michaelsocolow


Financial Times CEO John Ridding plans to step down on July 1 after 19 years, and will take an honorary FT chair title; the FT will now find a replacement — Ridding says he is leaving the newspaper group in “strong shape”. — Financial Times CEO John Ridding is stepping down in June …
Discussion:
Financial Times and @ft

WSJ journalists laid off amid consolidation of tech and media teams include Alexa Corse, Tom Dotan, Asa Fitch, Ben Fritz, Miles Kruppa, and Aaron Tilley — Here are The Wall Street Journal journalists whose jobs were eliminated on Tuesday: — Reporters:


Variety.com names Zack Sharf as managing editor; Sharf joined Variety in January 2022 as digital news director after seven years at IndieWire — He previously served as digital news director since 2022. … “In the last three years, Zack has helped reinvent Variety's award-winning digital coverage …


How the Financial Times is using online polls to engage readers and grow subscriptions; polls in FT newsletters regularly record engagement rates above 75% — The newspaper has a loyal, well-informed readership keen to share their opinions. Polls in its newsletters record engagement over 75 per cent


ITV reports FY 2024 revenue down 3% YoY to $5.34B, Studios revenue down 6% YoY to $2.63B, digital ad revenue up 15% YoY, and its efficiency program saved $77.5M — The U.K.'s ITV revealed strong profit growth in its full-year results for 2024, despite facing challenges from the U.S. actors …
Discussion:
RTÉ, Deadline, The Hollywood Reporter and ITV Plc


Netflix CFO Spencer Neumann says Netflix plans to spend ~$18B in cash on content in 2025, up nearly 11% YoY, and the amount is “not anywhere near a ceiling” — Netflix expects to spend in the neighborhood of $18 billion in cash on content in 2025 — and it sees plenty of runway …
Discussion:
Media Play News and The Wrap


UK journalist Graham Johnson estimates he cost News UK £500M through his testimony, books, and legal research since his phone hacking conviction in 2014 — Former tabloid reporter Graham Johnson believes he helped cost the publisher of The Sun £500m.


A TollBit analysis of 160 websites on its content licensing platform finds AI search engines drive 96% less referral traffic than traditional Google Search — AI companies promised publishers their AI search engines would send them more readers via referral traffic. New data shows that's not the case.


Nielsen: Trump's address to Congress drew 36.6M viewers, a larger number than three of Biden's addresses to Congress but smaller than any in Trump's first term — The speech drew a larger audience than Joe Biden's last State of the Union but fell short of any from Trump's first term.
Discussion:
Variety, PoliticusUSA, USA Today, Forbes, Winnipeg Free Press, Adweek, @radarradar.bsky.social, Media Play News, Los Angeles Times, TVLine, TVNewsCheck, New York Times, The Wrap, Bloomberg and Deadline

YouTube debuts an $8/month Premium Lite tier in the US, offering most videos ad-free and music with ads, and plans to launch in Thailand, Germany, and Australia — Today we'll begin expanding our Premium Lite pilot to users in the US. Premium Lite gives viewers a new …
Discussion:
TechCrunch, @film_girl, transistor.fm, Waleed Diab on LinkedIn, Gizmodo, 9to5Google, 9to5Google, MacRumors, The Verge, Variety, Engadget, BGR, The Wrap, Streaming Better, Cord Cutters News and Billboard, more at Techmeme »
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YouTube says YouTube Music and YouTube Premium now have 125M+ subscribers globally, including trials, after passing 100M subscribers in February 2024
Discussion:
YouTube Official Blog, @lucas_shaw, Digital Music News, TVNewsCheck, The Desk, Music Ally, The Information and The Hollywood Reporter


Tom Llamas will succeed Lester Holt as anchor of NBC Nightly News after Holt signs off in early summer — Llamas, who has been with the network since 2021, will continue to anchor Top Story, a signature nighttime show on NBC News Now that runs from 7-8 p.m. ET, immediately after Nightly News.
Discussion:
NBC News Press Releases, Los Angeles Times, USA Today, HELLO!, The US Sun, Adweek, Entertainment Weekly, Newser, New York Times, Cord Cutters News, Hollywood Life, Us Weekly, HuffPost, The Hollywood Gossip, CNN, Mediaite, The Hill, Page Six, New York Post, Winnipeg Free Press, Variety, The Wrap, Newsday, NBC Bay Area, WMAZ-TV, Radio & Television …, Barrett Media, The Hollywood Reporter, TVLine, New York Daily News and Just Jared