Top News:


Tortoise Media names Times journalist Rachel Sylvester as The Observer's political editor; a source says 50%+ of Observer staff have decided to leave — Tortoise Media has announced the recruitment of Times journalist Rachel Sylvester as political editor of The Observer as it gears up to take over the title later this month.


An NPR document from February 2011 estimated defunding could cut up to $240M from the public radio system and close up to 18% of roughly 1,000 member stations — Republicans say there is no reason for the government to fund the public broadcasters. — There is no reason, Republicans say, for the government to fund NPR and PBS.
Discussion:
The Washington Free Beacon, @mattgertz, @benmullin, Media Nation and Nieman Lab


News Corp finalizes the sale of Australian pay-TV operator Foxtel Group to DAZN in a $2.2B deal after regulatory approval, and will take a 6% stake in DAZN — Billboard Women in Music 2025 — News Corp said Wednesday it has finalized the sale of Australian pay-TV operator Foxtel Group to global sports streaming provider DAZN.
Discussion:
Reuters, Advanced Television, News Corporation and The Hollywood Reporter


After leaving Meet the Press, Chuck Todd is embarking on a career as a media entrepreneur, and plans to hire other hosts for a podcast and video network — After leaving NBC News in January, the former “Meet the Press” moderator is starting a new chapter as a media entrepreneur.
Discussion:
TVNewsCheck, @tvgrimreaper, @jeffjarvis.bsky.social and @benmullin.bsky.social


Newsmax shares jumped 179% on April 1 and have risen 1,500%+ since their March 31 debut, bringing the company's market cap to ~$20.8B, above WBD and Fox Corp — Shares of conservative cable channel Newsmax soared nearly 180% Tuesday, a day after the stock's dizzying debut on the New York Stock Exchange.
Discussion:
Deadline, Yahoo Finance, Benzinga, Australian Financial Review, Raw Story, MediaPost, al.com, The Independent, The Wrap, Forbes, Fast Company, Motley Fool, Barron's Online, CNN, Axios, @justinbaragona.bsky.social, @justinbaragona.bsky.social, @sellingtheta.bsky.social, Bloomberg, Mediaite, @justinbaragona.bsky.social, @followtheh.bsky.social, @followtheh.bsky.social, Reuters, WBUR and @justinbaragona.bsky.social


The Telegraph removes a March 22 article claiming campaign group Stop Funding Hate had amplified anti-Semitic social media posts and will pay legal costs — Telegraph agrees to pay campaign group's legal costs. — The Telegraph has removed an article claiming campaign group Stop Funding Hate …


John Thornton, founder of The Texas Tribune, co-founder of the American Journalism Project, and venture capitalist, has died at age 59 — It is with great sadness that we share the news that John Thornton, co-founder of the American Journalism Project and Elsewhere Partners …
Discussion:
Columbia Journalism Review, Austin Business Journal, Jason Alcorn on LinkedIn, Newmark J-School, The Texas Tribune, Anna Nirmala on LinkedIn, Patty Pina Slutsky on LinkedIn, Elizabeth Green on LinkedIn, Michael Ouimette on LinkedIn, @theajp.bsky.social, @tlangford.bsky.social, @dicktofel.bsky.social, @jkealing.bsky.social and @jeffjarvis.bsky.social


A look at Direkt36, a member-supported Hungarian investigative news site that recently released a documentary about the wealth in Viktor Orbán's inner circle — “In a bizarre way, the government propaganda also helped create some buzz around the film.”
Discussion:
TVNewsCheck and @amlwhere.bsky.social


US nonprofit National Novel Writing Month, recently embroiled in AI and content moderation scandals, shuts down after 25 years, citing financial issues — NaNoWriMo, a twenty-five-year-old online writing community-turned-nonprofit, announced on Monday evening that it is shutting down.
Discussion:
Publishers Weekly, NaNoWriMo Kilby on YouTube and Gizmodo


Trump gutting a small federal agency that provides funding to libraries and museums could threaten access to digital services such as the free ebook app Libby — The Institute of Museum and Library Services has long received bipartisan support. But after years of trying, President Donald Trump has delivered it a crushing blow.


An interview with Vox EIC and Publisher Swati Sharma on a boom in paying readers after Trump's inauguration, building a community, and reaching “news avoiders” — According to “explainer” newsbrand Vox the rate of increase for new paying members grew 350% in the two months …


In a new paper, Tim O'Reilly and other researchers say OpenAI likely trained GPT-4o on paywalled books from O'Reilly Media without a licensing agreement — OpenAI has been accused by many parties of training its AI on copyrighted content sans permission. Now a new paper by an AI watchdog …
Discussion:
AI Disclosures Project, Beyond Search and Asimov's Addendum, more at Techmeme »