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12:10 PM ET, April 8, 2025

Mediagazer

 Top News: 
Josh Xiao / Bloomberg:
Two influential Chinese bloggers say China is considering a ban on Hollywood movies as part of a set of measures to retaliate against Trump's tariffs  —  Two influential Chinese bloggers posted an identical set of measures that authorities are mulling to hit back at the latest tariff threats …
Bloomberg:
The US stock market briefly surged on April 7 after CNBC, Reuters, and others picked up an erroneous X post that Trump was considering a 90-day pause on tariffs  —  At just after 10 a.m., shouting erupted on the Siebert trading floor in downtown Manhattan.  Mark Malek, the firm's chief …
Anvee Bhutani / The Guardian:
Student journalists in the US are resigning or requesting takedown of stories amid growing repression by the Trump administration against pro-Palestinian speech  —  Newsrooms forced to adapt as writers resign and request takedown of stories to avoid potential repercussions
Zach Seward:
Quartz co-founder Zach Seward on the idealistic beginnings of Quartz, the death of the outlet, and how Jim Spanfeller and G/O Media killed it  —  “It's impossible to kill a media brand,” Jim Spanfeller told me on my first day working for him, as we sat in his corner office.
Mishaal Rahman / Android Authority:
Google says all new Google TV devices in the US must now have a remote with a Free TV or Live TV button that opens its Freeplay library of 150+ FAST channels  —  Starting this month, new Google TV devices will have a big “Free TV” button on their remotes  — Google has confirmed …
Foo Yun Chee / Reuters:
Sources: the EC plans to approve Liberty Media's €3.5B acquisition of Dorna Sports; the EC previously warned the deal could push up broadcasting rights prices  —  Liberty Media (FWONA.O), which owns Formula One, is set to secure unconditional EU antitrust approval for its 3.5-billion-euro …
Reuters Institute:
Reuters Institute names Indian journalist Mitali Mukherjee as director; she has been acting director since Rasmus Nielsen stepped down in October 2024  —  A respected journalist across print, TV, and digital media, she's led our Journalist Programmes since 2022 and been our Acting Director since October 2024
Emma Roth / The Verge:
The News/Media Alliance is running an ad campaign this week urging the US government to “make Big Tech pay for the content it takes to run its AI products”  —  Publishers across the US are participating in an ad campaign asking to ‘make Big Tech pay for the content it takes.’
Alex Weprin / The Hollywood Reporter:
MSNBC names Madeleine Haeringer, most recently the executive VP and GM of Crooked Media, as its senior VP of digital, audio, and longform, effective May 7  —  The executive is joining MSNBC as senior vp of digital, audio and longform beginning in May.  —  When MSNBC splits from NBC News later …
Bron Maher / Press Gazette:
ITN reports 2024 revenue down 3% YoY to £150.7M, non-news revenue down 41%, and a pre-tax profit of £800K, its lowest in a decade, down from £1.5M in 2023  —  ITN recorded its lowest profit in a decade in 2024 as its non-news revenue dropped 41% year on year.
Discussion: Business Live and City A.M.
Rob Waugh / Press Gazette:
AI tools like ChatGPT have fueled a rise in media “experts” with dubious or fake credentials, often sourced via journalist request services  —  Since the launch of ChatGPT in 2022, anyone can generate comment, on any subject, in an instant.  —  It is a technology that appears …
Mike Scarcella / Reuters:
Filing: X reaches a deal to drop its November 2024 case against Twitch, after alleging it conspired with other companies to withdraw advertising from X  —  Elon Musk's X has reached an agreement to resolve claims that live streaming service Twitch conspired with other companies …
Discussion: TVNewsCheck
 
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 More News: 
Kate Conger / New York Times:
How X became a powerful government mouthpiece, including through a rotating seat in the White House press briefing room occupied by John Stoll, X's head of news
New York Times:
Sources: Paramount and Trump are poised to begin mediation in his $20B lawsuit against CBS News and have picked a mediator for the case in recent days
Bloomberg:
Publishers say site traffic has plummeted since Google rolled out AI Overviews; sources say Google acknowledged the drop in an October 2024 publisher meeting
Kyle Wiggers / TechCrunch:
Filing: Moonvalley, whose AI model Marey generates “HD” clips up to 30 seconds in length, raised $43M and says it's working on licensing arrangements
 Earlier Picks: 
Tatiana Siegel / Variety:
Sources: Evan Gershkovich is not cooperating on the WSJ's documentary and book about his imprisonment, and plans his own film and book, sparking tensions
Charlotte Tobitt / Press Gazette:
RocaNews, a Gen-Z focused outlet that operates via Instagram, a gamified app, newsletters, and YouTube, says it became profitable in October and has 2M readers
New York Times:
A majority of 300+ WaPo tech workers sign union cards and plan to formally request recognition, WaPo's first public union drive since Bezos' 2013 acquisition
Siyanda Mthethwa / Reuters:
Spotify's royalty payouts to South African performers grew 54% YoY in 2024 to $21M, while payouts to Nigerian artists more than doubled to $38M
Discussion: Semafor and Music Ally
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
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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