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8:10 AM ET, April 2, 2025

Mediagazer

 Top News: 
Benjamin Mullin / New York Times:
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.
Dominic Ponsford / Press Gazette:
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.
Naman Ramachandran / Variety:
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.
CNBC:
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.
American Journalism Project:
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 …
Sarah Scire / Nieman Lab:
Amanda Silberling / TechCrunch:
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.
Wired:
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.
Charlotte Tobitt / Press Gazette:
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 …
Kyle Wiggers / TechCrunch:
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 …
Katie Strang / New York Times:
How the repetition of a false rumor by ESPN's Pat McAfee, ESPN radio hosts, and others negatively impacted an Ole Miss student, who plans to sue  —  It is Feb. 26, and “The Pat McAfee Show” is filming in Indianapolis the week of the NFL Scouting Combine.  McAfee sits behind a desk.
 
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 More News: 
Max Goldbart / Deadline:
BBC and ITV's new contracts with actors' union Equity won't include AI safeguards as they await the outcome of Equity negotiations with producer trade body Pact
Andreas Wiseman / Deadline:
Ketchup Entertainment buys Coyote vs. Acme from WBD, which shelved it in November 2023 as a cost-cutting measure; the movie is expected in theaters in 2026
Aisha Malik / TechCrunch:
TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8, directing users to Lemon8, a similar ByteDance-owned app
Jake Kanter / Deadline:
YouTube suspends two major fake movie trailer channels from its partner program, following Deadline's report on studios earning ad revenue from the trailers
Stephen Battaglio / Los Angeles Times:
Steve Kornacki signs a deal with NBC News and NBC Sports and departs from MSNBC, which Comcast is spinning off into a new corporate entity
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
 Earlier Picks: 
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
Discussion: Telegraph and City A.M.
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
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
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