Top News:
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:
New York Post, The Wrap, Simon Owens on LinkedIn, Cord Cutters News, @mediaevan, @pressgazette.co.uk, @marionawfal and Deadline
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.
Bloomberg:
WBD says it decided not to sell Polish broadcaster TVN after a review; bidders reportedly included billionaire Michal Solowow and a Wirtualna Polska-led group — Warner Bros. Discovery Inc. decided to keep control over its Polish unit after ending a strategic review which included options to sell TVN SA.
Discussion:
TipRanks Financial, @panyiszabolcs, @notesfrompoland, Deadline, Broadband TV News and Reuters
RELATED:
New York Times:
Sources: the White House plans to ask Congress to rescind $1.1B in federal funding for the Corporation for Public Broadcasting, which funds NPR, PBS, and others — Trump administration officials want legislators to rescind $1.1 billion for the Corporation for Public Broadcasting, which provides some support for public media.
Discussion:
NPR, TV Tech, Breitbart, Washington Examiner, PoliticusUSA, RedState, The Boston Globe, The Daily Wire, HotAir, Fox News, Inside Radio, @peterbakernyt, The Hill, @mediaevan, @benmullin, @cathywurzer, Not the Bee, TVNewsCheck, Bill Davis on LinkedIn, Shore News Network, @willmckinley.bsky.social, Raw Story, Twitchy, @clarajeffery.bsky.social, @bluegirlpdx.bsky.social, Mediaite, Politico, Blaze Media, The Post Millennial and Bloomberg
Jazz Tangcay / Variety:
FilmLA: greater LA film production fell 22.4% YoY in Q1 2025 to 5,295 shoot days, due to global cutbacks and CA's loss to rivals; the LA fires had little impact — After a promising end to 2024 where production had increased by 6.2%, on-production shoot days in the Greater Los Angeles area declined …
Discussion:
The Hollywood Reporter, @bostonbroker33, @filmla, Reuters, FilmLA, Deadline, The Wrap, Bloomberg and Los Angeles Times
Georg Szalai / The Hollywood Reporter:
Q&A with WBD executive and former BluTV CEO Deniz Şaşmaz Oflaz on the Max launch in Turkey, original Turkish content, adapting IP for the streamer, and more — Deniz Şaşmaz Oflaz discusses such local hits as ‘Prince,’ ‘Magarsus,’ and ‘Pavilion’ and how many scripted …
Discussion:
WORLD SCREEN, Advanced Television, The Hollywood Reporter, Türkiye Today, @wbd, Deadline and Pressroom
Sarah Scire / Nieman Lab:
Thompson Reuters joins Gannett in erasing references to “diversity” in favor of “belonging” to “ensure ongoing compliance” with Trump's executive order — Last week, Nieman Lab reported that Gannett, the country's largest newspaper chain, had removed references to …
Discussion:
@benmullin
Mark Stenberg / Adweek:
Marc Ecko returns to Complex, the outlet he founded in 2002 and left in 2016, as chief creative and innovation officer — The streetwear brand has also appointed Ray Elias as its new chief marketing officer — Marc Eckō, the streetwear pioneer who founded Complex in 2002 …
Anu Adegbola / Search Engine Land:
Temu shut off Google Shopping ads in the US on April 9; its App Store app ranking then plummeted from around third or fourth place to 58th in three days — Temu completely shut off Google Shopping ads in the U.S. on April 9, with its App Store ranking subsequently plummeting from a typical third …
Discussion:
Adweek, The Information, Mike Ryan on LinkedIn and MediaPost, more at Techmeme »
Wall Street Journal:
Source: by 2030, Netflix aims to reach a $1T valuation, earn ~$9B in global ad sales, double its $39B 2024 revenue, and triple its $10B 2024 operating income — Streaming service shares financial performance targets with staff that underscore its dominance
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 …
Discussion:
Agence France-Presse, The Hill, Deutsche Welle, The Moscow Times, CBS News and Le Monde
Dominick Mastrangelo / The Hill:
The AP says its journalists were barred from an Oval Office event featuring Trump and El Salvador President Nayib Bukele in defiance of a court injunction — The Associated Press on Monday said its journalists were barred from covering an Oval Office event featuring President Trump …
Discussion:
Associated Press, Washington Post, @jeremymbarr, New Republic, Columbia Journalism Review, New Jersey Online, @cynthfox.bsky.social, IJR, @kevinbankston, @jeremymbarr, @shashj, @josephtrento, @jeremymbarr, @kyledcheney, @zoetillman, @brianstelter, @marymargolohan, @the_alisa_renee, New York Post, @helainea.bsky.social, @jackjenkins.me, @kellylynnedang.bsky.social, @worldtraveldiva.bsky.social, Fox News, @timjohnsonmn.bsky.social, Raw Story, The Independent, @petrarca.bsky.social, @logophage.bsky.social, Washington Examiner, @womzilla.bsky.social, @emcsull.bsky.social, @dannofilter.bsky.social, @peterbakernyt.bsky.social, @rtriche.bsky.social, @joshsternberg.com, @sundersays.bsky.social, @maggiemcneill.bsky.social, @wintersong.bsky.social, @tinadesireeberg.com, @mattortega.com, @zacharywoodman.bsky.social, @noamlaw.bsky.social, The Wrap, @usps.bsky.social, @allysonaranda.bsky.social, @johniadarola.bsky.social, @amyrulocal.bsky.social, @tomscocca.bsky.social, @dnlmsstch.bsky.social, @kagrox.bsky.social and MeidasTouch News
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