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11:40 AM ET, April 1, 2025

Mediagazer

 Top News: 
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 …
Bari Weiss / The Free Press:
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?
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.
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.
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.
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
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.
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
 
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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
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
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
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
 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
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
Nik Roseveare / Advanced Television:
Netflix makes Adolescence available to UK secondary schools via streamer Into Film+, following Prime Minister Keir Starmer's roundtable about the show
 

 
From Techmeme:

Wall Street Journal:
Sources: Klarna has halted its planned IPO in the wake of Trump's tariffs turmoil; StubHub has also delayed its IPO plans

Emma Roth / The Verge:
Nintendo delays Switch 2 preorders that were set for April 9 due to concerns about Trump's tariffs but the June 5 launch date remains unchanged

Dominic Preston / The Verge:
Microsoft Copilot adds support for memory, personalization, web-based actions, podcast creation, camera and screen analysis, deep research, and more

 
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