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3:10 PM ET, March 28, 2025

Mediagazer

 Top News: 
Charlotte Klein / New York Magazine:
Guardian US expects $44M in donations in the US and Canada in 2025, up 33% YoY; contributions make up 60% of revenue, which exceeded costs by $16M in 2024  —  There was a time in media when having a billionaire owner was an asset.  For many outlets, this is still the case …
Oliver Darcy / Status:
Sources: the Los Angeles Times has laid off dozens of employees on the business side this week, including VP of Communications Hillary Manning  —  The newspaper slashed dozens of business-side staffers this week—including its longtime chief spokesperson—in a painful new round of cuts, Status has learned.
Olivia Solon / Bloomberg:
AppLovin hires a law firm to investigate short sellers' allegations that the mobile ad company's ad performance numbers are fraudulent  —  It followed a Muddy Waters report released on Thursday that alleged that AppLovin was misappropriating data and violating some of its platform partners' terms of service …
RELATED:
Jonathan Stempel / Reuters:
Google will pay $100M in cash to settle a 2011 lawsuit accusing the company of charging for clicks on ads outside the geographic areas the advertisers targeted  —  Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing …
Kyle Cheney / Politico:
AP photographer Evan Vucci and AP Chief White House Correspondent Zeke Miller testified Thursday about damage done by the White House ban on the wire service  —  Associated Press photographer Evan Vucci testified at a court hearing in the AP's lawsuit over being kicked out of the White House press pool.
Etan Vlessing / The Hollywood Reporter:
Penske Media and Tasty Media plan a Spanish-language edition of The Hollywood Reporter with original content, following editions in Italy, India, and Japan  —  The partnership sees the iconic entertainment brand expand its reach with Spanish-speaking readers in Latin America and Spain.
Matt Stevens / New York Times:
A report on California's creative economy finds entertainment jobs in 2024 were 25% below 2022; LA County's 2024 shooting days fell 42% compared to 2022  —  Many entertainment industry workers have been jobless for months, leading state officials to consider increasing subsidies to keep film and television production in California.
Discussion: Hollywood Life, Variety and Deadline
 
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 More News: 
Jesse Whittock / Deadline:
JioStar, the joint venture that merged Viacom18 and Star India, says its streaming service JioHotstar has passed 100M subscribers
Discussion: WORLD SCREEN and Variety
Brian Welk / IndieWire:
Memo: Amazon MGM Studios head Jen Salke is stepping down to start a new production entity; the former NBC Entertainment president joined Amazon in 2018
Julia Ornedo / The Daily Beast:
Richard Carlson, a former Voice of America director, former CEO of the Corporation for Public Broadcasting, and father of Tucker Carlson, has died at 84
Alex Sherman / CNBC:
Ex-Endeavor exec Patrick Whitesell's new company takes a stake in Peyton Manning's Omaha Productions; sources say it's a 10% stake sale, valuing Omaha at $750M+
 Earlier Picks: 
Deadline:
After over 40 years, the Sundance Film Festival will leave Park City, Utah, for Boulder, Colorado, in 2027; Boulder offered $34M in tax incentives over 10 years
Mike Isaac / New York Times:
Meta adds a Friends tab on Facebook that will show content just from users' friends, with no recommended posts, as it brings back “OG” Facebook experiences
John Nichols / The Nation:
Robert McChesney, a co-founder of media advocacy nonprofit Free Press and a globally respected media scholar and author, died from cancer at 72
 

 
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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