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1:50 PM ET, April 3, 2025

Mediagazer

 Top News: 
Brian Steinberg / Variety:
A look at CBS' bet on its massive overhaul of the Evening News, with greater emphasis on in-depth reporting on the ground from places beyond NYC, DC, and LA  —  Billboard Women in Music 2025  —  The venerable “CBS Evening News” has, for many of its viewers, been something consumed along with dinner.
Alex Weprin / The Hollywood Reporter:
Memo: Vanity Fair Editor Radhika Jones tells staff that she will step down this spring after seven years of leading the Condé Nast-owned magazine  —  Jones, who joined the Condé Nast publication in 2017, will leave in the spring.  —  There will be a changing of the guard atop Vanity Fair …
Discussion: The Wrap, New York Times and Deadline
Agata Pyka / Notes From Poland:
A Polish court awards compensation to two photojournalists who were treated brutally by Polish soldiers while they were reporting at the Belarus border in 2021  —  A Polish court has awarded compensation to two photojournalists working for major international media outlets due to the brutal treatment …
Yun Li / CNBC:
Newsmax shares fell 77.5% on Wednesday after a 2,230% surge in its first two days on the NYSE; NMAX rose 5%+ on Thursday  —  Shares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric rise as a new public company proved to be short-lived.
Naman Ramachandran / Variety:
Australian PM Anthony Albanese asserts his support for local content quotas on streaming platforms, despite pushing their implementation back from July 1  —  Australian Prime Minister Anthony Albanese has doubled down on the government's commitment to implement local content quotas for streaming platforms …
Discussion: Time, Reuters and Bloomberg
Katie Deighton / Wall Street Journal:
Former Vice CEO Nancy Dubuc joins Togethxr, a media and commerce startup focused on women's sports, as executive chair; source: revenue so far in 2025 is $30M  —  The media veteran joins a group of her industry peers at Togethxr, a company that aims to capitalize on interest in women's sports
Discussion: TVNewsCheck
Sean Burch / The Wrap:
DMGT signs a deal with Storied Media Group to help the Daily Mail and New Scientist license stories to production companies and create branded content  —  The 129-year-old London publication has teamed up with Storied Media Group LLC to turn its articles into fresh Hollywood productions
Kaya Yurieff / The Information:
Source: President Trump plans to announce TikTok America, a company that is ~50% owned by US investors and 19.9% by ByteDance, which would license the algorithm  —  President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America …
Bloomberg:
AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others  —  The deal, which is set to be announced Thursday, pushes Runway's value to just over $3 billion, according to people familiar …
Wikimedia:
Wikimedia says bandwidth usage for multimedia content grew 50% since January 2024, driven by AI training bots; 65% of resource-consuming traffic comes from bots  —  Since the beginning of 2024, the demand for the content created by the Wikimedia volunteer community - especially for the 144 million images …
 
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 More News: 
Pranav Mukul / The Economic Times:
Bengaluru-based Pratilipi, which runs Pratilipi Comics, podcasting studio IVM, and more, raised a $20M Series E at a $100M valuation, down from $265M in 2021
Discussion: YourStory.com
Ashley Carman / Bloomberg:
A look at the ascent of true crime podcaster John Allen, known as MrBallen, and the success of Ballen Studios, which employs 70 people and produces seven shows
Brendan Ruberry / Semafor:
Users complain that three well-known sites that help avoid paywalls, including archive.is, redirected them to Russia's RT for at least five days as of Tuesday
Bron Maher / Press Gazette:
Newsquest's editorial development director says it now employs 36 “AI-assisted” reporters, freeing up the rest of the newsroom to “be out pounding the beat”
Brian Steinberg / Variety:
CNBC strikes distribution deals with Apple and Roku for its $14.99 per month subscription service CNBC+
 Earlier Picks: 
Benjamin Mullin / New York Times:
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
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
 

 
From Techmeme:

Antonio G. Di Benedetto / The Verge:
Razer pauses direct sales of the upcoming Blade 16 and other laptops in the US as new tariffs loom

Bradly Shankar / MobileSyrup:
Nintendo says Switch 2 pre-orders in Canada “will not start on April 9, 2025 in order to align with the timing of pre-orders to be determined in the US”

Ben Weiss / Fortune:
Internal memo: the US DOJ disbands the National Cryptocurrency Enforcement Unit, established by Biden in 2021, as the agency is “not a digital assets regulator”

 
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