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6:10 AM ET, March 6, 2025

Mediagazer

 Top News: 
Ray Schultz / MediaPost:
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.
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Charlotte Tobitt / Press Gazette:
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
Chris Roush / Talking Biz News:
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:
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 …
Gordon Smith / Journalism.co.uk:
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
Todd Spangler / Variety:
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
Dominic Ponsford / Press Gazette:
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.
Forbes:
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.
Jack Greenberg / YouTube Official Blog:
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 …
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Murray Stassen / Music Business Worldwide:
YouTube says YouTube Music and YouTube Premium now have 125M+ subscribers globally, including trials, after passing 100M subscribers in February 2024
Rick Porter / The Hollywood Reporter:
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.
Oliver Darcy / Status:
Source: WaPo Publisher Will Lewis quietly met with Free Beacon EIC Eliana Johnson last month, where the two discussed recruiting conservative journalists  —  As Jeff Bezos pushes The Washington Post to the right, publisher Will Lewis quietly met with a conservative editor last month, Status has learned.
Ted Johnson / Deadline:
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.
 
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 More News: 
Charlotte Tobitt / Press Gazette:
The Sun names Jon Lloyd, previously behind TV content formats like Come Dine With Me, as its director of video to lead a video-first commissioning strategy
 Earlier Picks: 
Alex Weprin / The Hollywood Reporter:
TNT Sports strikes a deal with DAZN to televise 24 of the 63 FIFA Club World Cup 2025 matches on TNT, TBS, and truTV, including the final
Mike Isaac / New York Times:
Digg co-founder Kevin Rose and Reddit co-founder Alexis Ohanian are relaunching Digg, after acquiring the site from Money Group for an undisclosed sum
 

 
From Techmeme:

Bloomberg:
Klarna files for a US IPO, with plans to list on the NYSE under KLAR, seeking to raise at least $1B and reportedly targeting a valuation of more than $15B

Mark Gurman / Bloomberg:
Sources: an exec overseeing Siri told staff the delays were ugly, made worse by Apple publicly promoting the new features, and it's unclear when they will ship

Will Knight / Wired:
The NIST's new directive to AI Safety Institute partners scrubs mentions of “AI safety” and “AI fairness” and prioritizes “reducing ideological bias” in models
 
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