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5:55 AM ET, March 12, 2025

Mediagazer

 Top News: 
Daniel Thomas / Financial Times:
Blackstone rebrands Hipgnosis to Recognition, less than a year after buying the $3B group that owns the rights to Red Hot Chili Peppers, Fleetwood Mac, and more  —  Investment group with rights to songs by Shakira will be ‘fundamentally different’ under unified structure
Discussion: Billboard
Alex Weprin / The Hollywood Reporter:
Hamish McKenzie says Substack now has 5M paid subs, up from 4M four months ago and 3M a year ago, with 82% of its top 250 creators posting audio and video often  —  Substack co-founder Hamish McKenzie says that creators jumping ship from ‘mainstream media’ like Jim Acosta, Joy Reid and Mehdi Hasan are a big driver of the growth.
Katie Kilkenny / The Hollywood Reporter:
Q&A with Adam Bhala Lough, director of Deepfaking Sam Altman, in which he talks with an entity based on an LLM of Altman, after Altman declined an interview  —  The latest film from Adam Bhala Lough (who co-directed 'Telemarketers') charts the filmmaker's journey to commission and interview “Sam Bot.”
Nellie Andreeva / Deadline:
Miramax appoints former Village Roadshow executive Alix Jaffe as president of television, reporting to CEO Jonathan Glickman, starting March 31  —  She succeeds Marc Helwig who departed the company at the start of 2025 after almost five years.  —  In her new role, Jaffe …
Jay Peters / The Verge:
Google updates Chrome's extension rules to ban affiliate link injection without user action or benefit, after Honey allegedly stole creators' affiliate revenue  —  Honey was accused of shadily swapping out affiliate links, and now Google has new rules for extensions targeting exactly that.
Sandy Fitzgerald / Newsmax:
Newsmax seeks to raise up to $75M ahead of its public listing on the NYSE, planned for March 31, and says its earlier pre-IPO preferred offering raised $225M  —  The Securities and Exchange Commission has qualified Newsmax to go public and complete its IPO, said Mark Elenowitz, managing director for Digital Offering LLC.
 
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 More News: 
Business Insider:
SoftBank-backed Jellysmack spins off Jellysmack Originals into a new entity, Blue Foxes, led by ex-Jellysmack Originals VPs; Jellysmack keeps Law&Crime Network
Adriana Gomez Licon / Associated Press:
The US DHS skipped a fully competitive bid process to give two GOP-tied firms part of a $200M TV ad campaign lauding Trump's fight against illegal immigration
Liam Reilly / CNN:
A Florida circuit court judge denies the Pulitzer Board's request to pause a defamation lawsuit by Trump until he is out of office
Sara Fischer / Axios:
Adam Neumann says his media company The Flow Trip is profitable, with 13,000 users paying $72-$108/year, and aims to hit 20,000 paid members by the end of 2025
 Earlier Picks: 
James Hibberd / The Hollywood Reporter:
Disney+ and Lucasfilm bring Andor season one to Hulu and the first three episodes to the Disney+ YouTube channel for free, ahead of Andor's season two launch
Sean Burch / The Wrap:
Washington Post opinion columnist Catherine Rampell will join MSNBC as a co-host of The Weekend, a source says in spring 2025
Mark Sweney / The Guardian:
Reach CEO Jim Mullen says the Mirror, Express, and Star's print titles will become loss-making in six to eight years, but digital will keep them from closure
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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