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2:40 PM ET, March 31, 2025

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 Top News: 
Mike Allen / Axios:
Source: the White House plans to impose its own seating chart for briefing room reporters, taking over a function long managed by the reporters through the WHCA  —  The White House plans to impose its own seating chart for reporters in the briefing room in coming weeks …
Max Goldbart / Deadline:
The BBC says its content spend will fall by £150M to £2.5B in the next 12 months as it faces an “unprecedented content funding challenge”  —  The BBC faces an “unprecedented content funding challenge” in the year to come, the corporation's Annual Plan setting out priorities for the next 12 months has said.
RELATED:
Charlotte Tobitt / Press Gazette:   The BBC says it plans to open new talks with AI providers, invest in short-form platforms like TikTok, expand BBC Verify, and revamp news coverage on iPlayer
Charlotte Tobitt / Press Gazette:
Reach CEO Jim Mullen steps down with immediate effect after six years, replaced by Chief Revenue Officer Piers North; Mullen will join a horse racing company  —  Reach CEO Jim Mullen is stepping down after six years with immediate effect.  —  Mullen will be succeeded as Reach CEO by Piers North, currently chief revenue officer.
Thomas Buckley / Bloomberg:
Sources: David Zaslav has started meeting with candidates who could replace film studio heads Mike De Luca and Pam Abdy, whose contracts expire in 2026  —  The talks with potential successors are at an early and informal stage, and a final decision on the futures of De Luca and Abdy has not been made …
RELATED:
Matt Donnelly / Variety:
Sources describe rising tensions at Warner Bros. Pictures amid movie flops, with WBD CEO David Zaslav losing confidence in co-heads Mike De Luca and Pam Abdy
The Hollywood Reporter:
A look at the reasons behind Jen Salke's ouster at Amazon, including expensive flops, issues with James Bond producers, and a desire to streamline the org chart  —  Yes, there were some big hits like ‘Reacher.’ But pricey underperformers like ‘Lord of the Rings’ and ‘Citadel’ along …
J. Kim Murphy / Variety:
WBD's Max quietly launches a new logo with a monochrome color palette that evokes the longtime HBO branding, ditching its shiny blue UI  —  It's not HBO, it's Max — but the new standalone logo for Warner Bros. Discovery's streamer now certainly looks like HBO's at a glance.
Katie Robertson / New York Times:
Bloomberg has had to correct at least three dozen AI-generated summaries on top of news articles since it started showing them early this year  —  The outlet has issued dozens of corrections to A.I.-generated news summaries since it started using the technology to write them this year.
Max Tani / Semafor:
An interview with California Governor Gavin Newsom on his new weekly podcast, backlash to his interviews with conservative figures, media strategies, and more  —  The Scoop  —  As Democrats begin their slow slog back to power, they're grappling with what may be their most vexing problem …
Financial Times:
Marketing executives say big brands are allocating small amounts of their ad budget to X, seeking to avoid being perceived as boycotting Elon Musk's platform  —  Marketers want to avoid being seen as boycotting billionaire's social media platform  —  Big brands are allocating small amounts …
Megan Graham / Wall Street Journal:
Yahoo hires Josh Line, who was most recently Paramount Global's chief brand officer, as its CMO to revive its brand as “one of the OGs of the internet”  —  Internet pioneer names Josh Line, who was previously Paramount Global's chief brand officer, to reinvigorate its once-towering brand
Discussion: Ad Age, Variety and Adweek
Bailey Lipschultz / Bloomberg:
Newsmax shares jumped as much as 667% in their NYSE debut after raising $75M in its IPO  —  The stock traded at $62.27 each at 12:07 p.m. in New York, in a debut that saw shares repeatedly halted for volatility.  The company raised $75 million in the offering, selling 7.5 million shares for $10 apiece.
 
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 More News: 
Aisha Malik / TechCrunch:
Substack rolls out a TikTok-like video feed in its app, initially featuring short-form videos under 10 minutes
Karin Matussek / Bloomberg:
Nokia and Amazon settle a long-running, global patent dispute over Amazon using Nokia's video tech in Prime Video and its devices, without disclosing the terms
Wall Street Journal:
A profile of self-help guru Mel Robbins, who has built an empire offering bite-size advice across books, podcasts, speaking engagements, and social media
 Earlier Picks: 
Penelope Green / New York Times:
Reinaldo Herrera, contributing editor for Vanity Fair for 30+ years and husband of fashion designer Carolina Herrera, died on March 18, 2025, at 91
Alex Weprin / The Hollywood Reporter:
After White House criticism, WHCA says comedian Amber Ruffin won't headline this year's annual dinner “to ensure the focus is not on the politics of division”
Hamish McKenzie / @hamishmckenzie:
Hamish McKenzie says Substack is partnering with FIRE to support “writers residing lawfully” in the US targeted by the government for their writing
Alex Kantrowitz / Big Technology:
World History Encyclopedia, the second most visited history site, says its traffic fell 25% in Nov. 2024 after AI search tools began presenting its information
CNBC:
Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI
 
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