Mediagazer: TV news anchors exiled or extricated from their networks, like Joy Reid and Don Lemon, are finding success on Substack; Jim Acosta has 10K+ paid subscribers (Jessica Testa/New York Times)

11:45 AM ET, April 1, 2025

Top News:

The Free Press announces Tyler Cowen, Jed Rubenfeld, Matthew Continetti, and Batya Ungar-Sargon as new columnists, with Coleman Hughes bringing his podcast — Bari Weiss on some great news from our newsroom. — Upgrade to Listen — How do you build something that lasts?

Discussion: @margiconklin, @bariweiss, @jtlonsdale, @thefp, @bungarsargon, The Free Press, @thefp, @continetti, @bariweiss and @thefp

Oliver Darcy / Status:

The Daily Wire's communications chief, Alyssa Cordova, departs as the company frames co-CEO Jeremy Boreing's demotion as his own choice and lays off some staff — The Daily Wire's Woes The Daily Wire once vowed to take on Disney with a $100 million+ investment to build an entertainment empire …

Discussion: The Bulwark, @scottmgreer, @willsommer, @rvbdrm.com, @mattortega.com, @cheetah.bsky.social, @status.news and @oliverdarcy.bsky.social

CNBC:

Newsmax shares jump more than 100% a day after their debut on the NYSE, when they spiked more than 700% and closed at $83.51 — Shares of conservative cable channel Newsmax soared more than 40% in early trading Tuesday, a day after the stock's dizzying debut on the New York Stock Exchange.

Discussion: Mediaite, Axios, Reuters, Bloomberg, @justinbaragona.bsky.social, @justinbaragona.bsky.social, @sellingtheta.bsky.social, Yahoo Finance, @justinbaragona.bsky.social, @followtheh.bsky.social, @justinbaragona.bsky.social, @followtheh.bsky.social and Fast Company

Sportico:

Sources: the NHL has reached an agreement with Rogers on a new 12-year Canadian TV deal that will pay the league about $7.7B, starting with the 2026-27 season — The NHL has reached an agreement with Rogers Communications on a new 12-year Canadian TV deal that will pay the league about $7.7 billion …

Charlotte Tobitt / Press Gazette:

The Sun reports revenue down 3% YoY to £296.3M and an £18M loss in the year to 30 June 2024; The Times reports revenue down 0.6% to £383.4M and a £61M profit — Hacking costs down for News Group Newspapers in year to 30 June 2024. — Revenues fell at both The Times …

Discussion: Telegraph and City A.M.

Kendra Barnett / Adweek:

Leaked docs: Omnicom offered clients who didn't spend on X in 2024 an added value of 50%, up to $200K, for buying X ads during Q1 2025, among other incentives — Omnicom has sweetened the pot to get its clients to buy ads on X, according to two internal documents obtained by ADWEEK.

Discussion: The Ankler, Kendra Barnett on LinkedIn, Bradley Keefer on LinkedIn, @timhanlon.bsky.social and @kendrabarnett.bsky.social

Kendra Barnett / Adweek:

Google is bringing its immersive Rewarded Video ads to Roblox, letting users watch ads in exchange for in-game benefits like virtual currency or power-ups — Advertisers can buy Rewarded Video ads on Roblox via Google Ad Manager, the company announced Tuesday

Discussion: TechCrunch, Ad Age, MediaPost, Variety, Benzinga, Roblox Corporate, Investing.com, Reuters, Bloomberg, Marketing Brew and Google, more at Techmeme »

Wall Street Journal:

WBD adds Anton Levy, former co-president of PE firm General Atlantic, to its board, a source says due to pressure from activist shareholder Sessa Capital — Warner Bros. Discovery is expanding its board following pressure from an activist shareholder, according to people familiar with the matter.

Discussion: Advanced Television, TVNewsCheck, Variety, Reuters, Deadline, The Wrap, The Hollywood Reporter and Media Play News

Yuki Furukawa / Bloomberg:

An independent investigation finds that Japanese broadcaster Fuji TV fostered a culture of sexual harassment; its chair and TV head resigned in January 2025 — An external committee said on Monday it found evidence that former J-pop idol Masahiro Nakai, who used to be one of Japan's …

Discussion: Associated Press, The Japan Times, Nikkei Asia, The Japan Times, The Japan Times, Bloomberg and Kyodo News+

Lucas Shaw / Bloomberg:

How JioHotstar became India's most popular paid streaming service, with 100M+ paying less than $1/month on average, via a freemium model, micro dramas, and more — More than 100 million people now subscribe to India's largest paid video service. — Good evening from Mumbai …

Discussion: Lucas Shaw on LinkedIn, @sarthakgh, @lucas_shaw and @samidhas

Sewell Chan / Columbia Journalism Review:

The Center for Public Integrity has ceased publishing after 36 years, and is in talks to turn over its archives to the Project on Government Oversight — Wesley Lowery resigned as board chair. The nonprofit newsroom, founded in 1987, is in talks to turn over its archives to a watchdog group.

Discussion: Charles Sennott on LinkedIn, TVNewsCheck, @phoebepetrovic.bsky.social, @dwillis.bsky.social, Sewell Chan on LinkedIn, @dangillmor@mastodon.social and @margotsusca.bsky.social

Ben Smith / Semafor:

An interview with blogger Larry C. Johnson, once valued for his disagreements with the status quo, on his trip to Russia, his present marginal status, and more — The Scoop — When I called the blogger Larry C. Johnson last week, I was a bit surprised to hear I was the first journalist …

Discussion: @davidfolkenflik and @semaforben

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More News:

Nicole Sperling / New York Times:
In a new strategy, Amazon plans to release 14 to 16 movies per year in theaters, rivaling other major studios, with most running for 45 days before streaming

Discussion: Engadget and The Ankler, more at Techmeme »

Neel Dhanesha / Nieman Lab:
ProPublica is using ads on a LED billboard truck to attract sources in the federal government as DOGE dismantles USAID and other agencies

Discussion: @charlesornstein.bsky.social, @cengizyar.com, @tealtan.bsky.social and @sarahscire.com

Pew Research Center:
Survey: 36% of Americans say they hear a lot about Trump's relationship with the media, down from 72% in 2017; 71% follow Trump administration news closely

Discussion: Poynter, Fox News, Nieman Lab, @sarahscire, @brianstelter, @brianstelter, @brianstelter, @johngramlich.bsky.social and Columbia Journalism Review

Peter Kafka / Business Insider:
MoffettNathanson: YouTube will surpass Disney in 2025 to become the largest media company by revenue, after generating $54.2B in 2024, just $5.5B behind Disney

Discussion: Bloomberg, The Hollywood Reporter, Ian Schafer on LinkedIn, Variety, @pkafka, Deadline, Tubefilter, TVNewsCheck, MediaPost and The Wrap

Brian Steinberg / Variety:
NBC Sports hires Betsy Riley, an NBC Sports veteran who recently led some Amazon sports offerings, to oversee production of its primetime Olympics program

Discussion: TVNewsCheck and Associated Press

Earlier Picks:

Jessica Testa / New York Times:
TV news anchors exiled or extricated from their networks, like Joy Reid and Don Lemon, are finding success on Substack; Jim Acosta has 10K+ paid subscribers

Discussion: Newsbusters

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”

Discussion: Ad Age, MediaPost, The Desk, The Drum, @michaelmartinez.co, Rob Wilk on LinkedIn, Adweek and Variety

Aisha Malik / TechCrunch:
Substack rolls out a TikTok-like video feed in its app, initially featuring short-form videos under 10 minutes

Discussion: ICYMI, The Verge, CNBC, @v21.bsky.social, Gizmodo, Engadget, Fast Company and @caseynewton.bsky.social, more at Techmeme »

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

Discussion: Los Angeles Times, @maxwelltani, Washington Examiner, Megyn Kelly, The Hill, Fox News, @1smith4theroad.bsky.social, @maxtani.bsky.social, @owillis.bsky.social, The Wrap, @semafor.com, USA Today, Townhall and Washington Post

From Techmeme:

Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Amazon drops as much as ~6%, Meta drops ~5%, Nvidia ~6%, Alphabet ~3%, and Microsoft ~3%

New York Times:
Sources: Amazon has put in a bid to acquire all of TikTok, but various parties involved do not appear to be taking it seriously, ahead of the April 5 deadline

Jay Peters / The Verge:
Nintendo shares Switch 2 details: a 7.9", 120fps, 1080p display, 4K at 60fps when docked, a custom Nvidia processor, 256GB of storage, and a new Pro Controller

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