Mediagazer: Stock declines for major media companies on April 5 included WBD down 11.9%, Roku down 8.3%, Apple down 7.3%, Netflix down 6.7%, Disney down 6%, and Amazon 4.2% (Todd Spangler/Variety)

6:23 AM ET, April 7, 2025

Top News:

Lucas Shaw / Bloomberg:

Some experts weigh in on how President Trump's trade policy could impact the entertainment industry: ad budgets may shrink, Netflix could be shielded, and more — We asked experts how his trade policy will impact the entertainment business. … The adaptation of the popular video game opened …

Discussion: New York Times

Jeremy Barr / Washington Post:

Several prominent conservatives in media notably came out against Trump's tariffs, with the most strident criticism coming from WSJ's editorial board — The Wall Street Journal editorial board, the Daily Wire's Ben Shapiro and some voices on Fox News have expressed concern about higher prices for Americans.

Discussion: Benzinga, The Hill, The Daily Beast, The Independent, Raw Story, Daily Kos, Washington Examiner, Media Matters for America, CBS News, Wall Street Journal and Mediaite

Fareed Sahloul / Bloomberg:

Sources: connected TV ad platform MNTN, which filed for a US IPO in late February, is among companies pausing listings as Trump's trade war upends the economy — Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump's trade war upends the global economy …

Discussion: Fortune, @carnage4life.bsky.social, Wall Street Journal, @scottlincicome.bsky.social and TechCrunch

Todd Spangler / Variety:
Stock declines for major media companies on April 5 included WBD down 11.9%, Roku down 8.3%, Apple down 7.3%, Netflix down 6.7%, Disney down 6%, and Amazon 4.2%

Discussion: NPR, Wall Street Journal, PR Daily, The Wrap and Deadline

Michael M. Grynbaum / New York Times:
Amid the worst stock market sell-off since the 2020 pandemic, Fox News has projected a conspicuous calm and temporarily dropped its onscreen stock ticker

Discussion: @matthewkeyslive, @matthewkeyslive, Times of India, HuffPost, @cynthea@mastodon.social, @davidjroth.bsky.social, The Daily Dot, @ocanannain.bsky.social, @owillis.bsky.social, @owillis.bsky.social, @visiblemusic.bsky.social, @dailydot.com and TVNewsCheck

Rebecca Rubin / Variety:

A Minecraft Movie collects $157M at the US box office in its opening weekend, the biggest domestic debut of 2025 and best in history for a video game adaptation — “A Minecraft Movie” leveled up at the box office, collecting a blockbuster $157 million in its opening weekend.

Michael Savage / The Guardian:

Six Russian BBC journalists labeled “foreign agents” by Putin's regime speak on how it has impacted their lives, effectively banishing them from their homeland — Journalists now effectively banished say Kremlin's aim is to make them ‘toxic’ to anyone thinking of speaking to media

Jonathan Vanian / CNBC:

Trump says he signed an executive order to keep TikTok running for 75 more days, as “the deal requires more work to ensure all necessary approvals are signed” — President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations …

Charles Martin / AppleInsider:

The BBC complains to the UK CMA that Apple and Google's news aggregators weaken its relationship with the public by downplaying the BBC branding — The British Broadcasting Corporation has complained to a UK antitrust authority that Apple and Google's news services, such as Apple News …

Discussion: TechCrunch and Telegraph, more at Techmeme »

Joseph Bambridge / Politico:

OpenAI and Google reject the UK's proposal to allow training AI on copyrighted work without permission unless rights holders opt out to “reserve their rights” — The U.K. government's AI copyright plans can't seem to please anyone. — LONDON — Leading AI companies OpenAI …

Discussion: @hern.bsky.social, Music Ally, @blabberlicious@toot.community, @DazzlingDamo@mastodon.ie, @kjcharleswriter.com, Ars Technica, TechCrunch and MEDIANAMA

Ella Creamer / The Guardian:
A judicial panel consolidates 12 copyright cases against OpenAI and Microsoft in New York, including cases from Ta-Nehisi Coates, John Grisham, and the NYT

Discussion: Bloomberg Law, @davidclinchnews, @owenboswarva, @pressgazette, U.S. Judicial Panel on Multidistrict Litigation and The Bookseller

Gretel Kahn / Reuters Institute:

A look at the inroads made by China, Russia, and Turkey in Africa's information ecosystem and the void they will fill now that VOA has been silenced — Experts warn that the President's decision to shut down the US international broadcaster is leaving a void that authoritarian regimes are trying to fill

Discussion: @newsguy.bsky.social, @reutersinstitute.bsky.social, @cdncurmudgeon.bsky.social, Samba Dialimpa Badji on LinkedIn, The Hill and Global Investigative …

Axios:

Sources: G/O Media sold business news brand Quartz and commerce site The Inventory to software firm Redbrick, the fourth Quartz ownership change in seven years — G/O Media has sold business news brand Quartz and commerce site The Inventory to Canadian software firm Redbrick, Axios has learned.

Discussion: The Wrap, @kerrymflynn, Adweek, @joshsternberg.com, @shepardcdr.bsky.social and @carolynmichelle.bsky.social

Ashton Pittman / Mississippi Free Press:

A judge dismisses former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today; Bryant sued in 2023 over reporting about a welfare scandal — A judge has dismissed former Mississippi Gov. Phil Bryant's defamation lawsuit against Mississippi Today …

Discussion: The Clarion-Ledger, ESPN, Media Nation, Awful Announcing, Washington Post and @ashtonpittman.bsky.social

Katie Campione / Deadline:

WGA members “overwhelmingly” ratify a new three-year deal with CBS News that includes AI protections and is modeled after a recent ABC News contract — The Writers Guild of America East and West members at CBS News have ratified a new three-year collective bargaining agreement with the company.

Discussion: @wgaeast.bsky.social, TVNewsCheck and The Wrap

Archived Page Info:

This is a snapshot of Mediagazer at 6:23 AM ET, April 7, 2025.

View the current page or another snapshot:

Who's Hiring in Media?

Energy & Commodities Editor, Tokyo — Bloomberg

Politics Reporter, TX — Texas Tribune

Consumer Brands Reporter, GA — AJC

Deputy Editor - Health Care, VA — Politico

Product Editor, CA — CalMatters

Indigenous Affairs Editor, Sydney — Guardian US

China Markets Correspondent, Shanghai — Reuters

Bangor Reporter, ME — Bangor Daily News

Commerce Editor - Health, Remote US — Yahoo

Sports Editor, MI — Detroit News

Deputy Politics Editor, CA — Sacramento Bee

Alphaville Reporter, London — FT

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Amanda Silberling / TechCrunch:
Joel Kaplan says Meta's US fact-checking program will be over by April 7, and Community Notes will start appearing on Facebook, Threads, and Instagram

Discussion: @joel_kaplan, @mikeisaac, @cernovich, @bennyjohnson, mrcfreespeechamerica.org, Daily Caller News Foundation, Engadget, BGR, The Hill, RedState, Blaze Media, Fox Business, @muwxguy.bsky.social, The Verge, Global Investigative … and Poynter

Aisha Malik / TechCrunch:
Amazon debuts a Kindle Recaps feature that uses generative AI and moderators to create short recaps “that accurately reflect” the content of books in a series

Discussion: Engadget and @kevinleecaster.bsky.social

Alex Weprin / The Hollywood Reporter:
Vimeo launches Vimeo Streaming, letting creators launch subscription streaming services without any coding experience and offering features like AI translations

Discussion: Fadi Ismail on LinkedIn, Frank Filiatrault on LinkedIn, TVNewsCheck, Engadget, Benzinga, Vimeo.com, Inc. and RouteNote Blog

Earlier Picks:

Sara Merican / Deadline:
Report: micro-drama apps are booming in Asia: DramaBox's app store revenue rose from $8M in 2023 to $217M in 2024, while ReelShort's grew from $36M to $214M

Discussion: Adam Thomas on LinkedIn and The Streamable

Arpan Chaturvedi / Reuters:
An Indian court orders Wikimedia to remove statements about news agency ANI facing criticism for being a government propaganda tool from a Wikipedia page

Discussion: @davidsullivan.bsky.social and The Desk

Agence France-Presse:
Radio Free Europe/Radio Liberty head Stephen Capus says the US government turned off satellite services that transmit its Russian-language program into Russia

Discussion: Broadband TV News, @juliadavisnews, @druidorbital.bsky.social, The Straits Times, @brucedlittle.bsky.social and @open-spectrum.bsky.social

From Techmeme:

Kyle Wiggers / TechCrunch:
Meta VP of Generative AI Ahmad Al-Dahle denies a rumor that the company trained Llama 4 Maverick and Scout on test sets, saying that Meta “would never do that”

Matthew Gault / 404 Media:
Framework pauses sales of its six lowest-priced laptops in the US, saying the models would sell at a loss due to the 10% tariff that went into effect on April 5

Wall Street Journal:
Sources: Apple plans to send more iPhones to the US from India to offset the China tariffs, but the situation is too uncertain to upend supply chain investments

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page