Mediagazer: UK filing: in 2023, following Elon Musk's acquisition, X had £69.1M in UK revenue, down 66.3% YoY, and its profit fell from £5.6M to £1.2M (Ben Quinn/The Guardian)

Justin Sink / Bloomberg:

The White House is eliminating the traditional press pool access for wire services after a court ordered the administration to lift its restrictions on the AP — The White House announced Tuesday that it was eliminating the traditional press pool access for wire services after a federal court ordered …

James Oliphant / Reuters:

The White House's decision to remove a spot for newswires from the press pool will affect local news organizations who rely on the wire services for reporting — Wire services including Reuters and Bloomberg News will no longer hold a permanent slot in the small pool of reporters …

Discussion: @kevinleecaster.bsky.social, @paularmstrongtbd.bsky.social and The Guardian

April Rubin / Axios:

An Associated Press reporter was allowed into a White House event for the first time since the Trump administration banned AP's journalists — An Associated Press reporter was allowed into a White House event on Tuesday for the first time since the Trump administration banned the newsroom's journalists, multiple outlets reported.

Discussion: Poynter, Columbia Journalism Review, Associated Press, @michaelmartinez.co, Washington Post, CBS News, MediaPost, New York Post and The Hill

Sewell Chan / Columbia Journalism Review:

Houston Landing, a nonprofit that launched in 2023 with $20M+ in philanthropic funding, says it is shutting down mid-May and laying off its 43 employees — The nonprofit startup struggled to identify a business model, an editorial strategy, and a large audience.

Ben Quinn / The Guardian:

UK filing: in 2023, following Elon Musk's acquisition, X had £69.1M in UK revenue, down 66.3% YoY, and its profit fell from £5.6M to £1.2M — Social media platform formerly known as Twitter says 66.3% revenue drop was down to fall in advertising income

Discussion: TechCrunch, @pmarsha11.bsky.social, The New European and The Standard, more at Techmeme »

Reuters:

A Russian court sentences four journalists to 5.5 years each in prison for creating content for the YouTube channel of Alexei Navalny's Anti-Corruption Network — Four Russian journalists were sentenced by a Moscow court to 5-1/2 years each in prison on Tuesday after being found guilty …

Financial Times:

CNN CEO Mark Thompson says the company plans to roll out a “suite” of digital subscription services, including at least one in 2025, to combat TV's decline — Media executive plans to launch a ‘suite’ of digital subscription services to arrest long-term decline in cable

Discussion: Simon Owens's Media Newsletter, @mediaevan, @marionawfal, New York Post, Simon Owens on LinkedIn, The Wrap, Cord Cutters News, @pressgazette.co.uk and Deadline

Jagmeet Singh / TechCrunch:

Google says it suspended 39.2M US advertiser accounts on its platform in 2024, up over 3x from 12.7M in 2023, and took down 1.8B ads, aided by new AI tools — Google on Wednesday said it suspended 39.2 million advertiser accounts on its platform in 2024 — more than triple the number …

Discussion: Times of India, The Keyword and Search Engine Land, more at Techmeme »

Charlotte Tobitt / Press Gazette:

Cision, which owns PR Newswire, plans to close its journalism jobs service on April 30, and sold its Help A Reporter Out expert enquiry service to Featured.com — Cision Jobs website to close on 30 April. Separately, Help A Reporter Out (HARO) to relaunch under new owner on 22 April.

Discussion: @dannygroner.bsky.social and PRWeek

Larry Neumeister / Associated Press:

Palin v. NYT opening statements: Sarah Palin's lawyers say the NYT engaged in a “sickeningly familiar pattern” by targeting her, and she will testify next week — Sarah Palin's 8-year-old defamation claims against The New York Times were being heard anew Tuesday by a Manhattan jury …

Discussion: HotAir, Associated Press, New York Times, New York Daily News, Blaze Media and Reuters

Charlotte Tobitt / Press Gazette:

WARC: global ad spend with newsbrands will be $32.3B in 2025, down 33.1% compared to 2019; ad spend on creator content will surpass professional media by 2026 — Global advertising spend against news content is forecast to have fallen by a third in six years.

Discussion: Inside Radio and Yahoo Finance

Bron Maher / Press Gazette:

An academic survey of 31 UK journalists, who had an average of 17.7 years in the industry, shows they have experienced decreased compliance with FOI requests — An academic has warned that the UK is at risk of evolving “into a propaganda regime” following interviews with dozens of journalists …

Discussion: @owenboswarva.bsky.social and Global Investigative …