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8:40 PM ET, March 20, 2025

Mediagazer

 Top News: 
Wayne Ma / The Information:
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; source: Apple has spent $5B+ per year on content since its 2019 debut  —  Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
RELATED:
Hannah Miller / Bloomberg:
Antenna: Apple TV+ gained ~3M subscribers in January, when Severance Season 2 came out, up 8% from December and more than any other streamer except Paramount+
Oliver Darcy / Status:
Sources: Axel Springer board member Martin Varsavsky criticizing Politico's Gaza coverage did not sit well with many of its journalists, who he called “woke”  —  An Axel Springer board member attacked POLITICO and its “woke” reporters, igniting internal backlash and spotlighting …
Brian Steinberg / Variety:
MoffettNathanson: WBD is projected to lose $1.1B in TV advertising in 2026, largely due to the absence of the NBA on its networks for the first time since 1989  —  One of the biggest dramas on TV isn't expected to launch formally until later in 2025, but it's already playing out off camera …
Discussion: @bristei.bsky.social
Bloomberg:
Good Good Golf, which has 1.75M+ YouTube subscribers, raised $45M led by Creator Sports Capital, with Peyton Manning's Omaha Productions and 50+ others joining  —  The startup's YouTube channel has attracted more than 1.75 million subscribers  —  Retired quarterback Peyton Manning …
Ashley Carman / Bloomberg:
As Spotify pushes its new video monetization program, sexually explicit videos have appeared on its top podcast charts, violating the company's terms of use  —  The sexually explicit videos, which Spotify doesn't allow, have shown up alongside some of the most popular podcasts on the service
Discussion: Lefsetz Letter
Steven J. Horowitz / Variety:
US prosecutors charge former Eminem employee Joseph Strange with allegedly stealing and selling unreleased Eminem music that leaked online in January 2025  —  A man has been charged with stealing and selling unreleased Eminem music that leaked to the web earlier this year.
Sarah Perez / TechCrunch:
Bluesky says it is now sending referral traffic through its “go” subdomain to make it easier for publishers to track the traffic coming from the social network  —  Social network Bluesky, an open source X rival, has made a change that will allow publishers to better track …
Kyle Pfannenstiel / Idaho Capital Sun:
The Idaho House and Senate pass a bill that protects journalists from being compelled to disclose their confidential sources; the bill now heads to the governor  —  Both chambers of the Idaho Legislature — on unanimous, bipartisan votes — passed a bill that would create …
Reuters:
X sues Narendra Modi's government in New Delhi, saying its IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content  —  India's IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content and empowered …
Todd Spangler / Variety:
Disney shareholders overwhelmingly reject a proposal for Disney to cease participation in the Human Rights Campaign's annual LGBTQ Corporate Equality Index  —  Disney investors on Thursday voted down a proposal that the entertainment giant cease its participation in a prominent LGBTQ rights organization's equality ratings program.
 
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 More News: 
John R. Ellement / The Boston Globe:
The New Yorker contests a judge's order to turn over research from a story on Lindsay Clancy, who is awaiting trial for allegedly killing her three children
Discussion: Herald News
Reuters:
Sources: Axel Springer is considering a sale of its affiliate marketing unit Awin, which could be worth ~$436M
Discussion: MediaPost
 Earlier Picks: 
Trip Gabriel / New York Times:
K.W. Lee, a pioneering Asian American journalist whose reporting led to the release of a Korean immigrant on death row in California, died on March 8 at age 96
Kylie Robison / The Verge:
Andor showrunner Tony Gilroy says the Disney+ show's scripts will not be released as planned, due to fears that they could be used as AI training data
 

 
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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