Top News:
Todd Spangler / Variety:
Netflix reports Q1 revenue up 12.5% YoY to $10.54B, vs. $10.51B est., net income of $2.89B, and stops reporting subscriber numbers on a quarterly basis — Netflix is no longer reporting number of subscribers on a quarterly basis. But it's still motoring on a hot growth engine …
Discussion:
Advanced Television, Broadband TV News, The Streamable, Yahoo Finance, Reuters, Deadline, WORLD SCREEN, @lucas_shaw, Australian Financial Review, MediaPost, Benzinga, Fortune, The Desk, Cord Cutters News, Investor's Business Daily, The Information, The Wrap, TVNewsCheck, Bloomberg, The Verge, Sherwood News, Associated Press and Barron's Online, more at Techmeme »
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Caitlin Huston / The Hollywood Reporter:
Ted Sarandos says “as the popularity of video podcasts grows, I suspect you'll see some of them find their way to Netflix” — “Is it premium? Well, some of it is, and we believe we have the best monetization model on the planet for premium storytelling," co-CEO Ted Sarandos said on the earnings call.
Discussion:
Variety, @romitmehta.com, TVNewsCheck and Business Insider
Jill Goldsmith / Deadline:
Filing: Netflix co-CEOs Ted Sarandos and Greg Peters saw total compensation of about $61.9M and $60.3M in 2024, up from $49.8M and $40.1M in 2023, respectively — Netflix co-CEOs Ted Sarandos and Greg Peters saw total compensation of, respectively, to about $61.9 million and $60.3 million in 2024, up sharply from the year before.
Dade Hayes / Deadline:
Ted Sarandos says Netflix talent uses “AI tools to do set references, pre-vis, VFX sequence prep, shot planning” and AI can make movies “10% better” — Citing recent comments by James Cameron, Netflix Co-CEO Ted Sarandos said he hopes AI can make films “10% better,” not just “50% cheaper.”
Discussion:
IndieWire, Business Insider, Fox News and The Hollywood Reporter, more at Techmeme »
Ted Johnson / Deadline:
A federal judge declines the AP challenge to the WH eliminating wire service pool slots, calling the policy “neutral” as it does not punish the AP specifically — A federal judge who ruled that the Trump White House's ban on the Associated Press was a violation …
Discussion:
The Hill, @jakemrosen, Baltimore Sun, New York Times, RVM News and Status
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Hassan Ali Kanu / Politico:
In an appeals court hearing on the AP's White House access, the DOJ argued that WH spaces are akin to private spaces to which the president can restrict access — A three-judge panel was skeptical of arguments that the administration is facing imminent harm.
Discussion:
@michaelbishop.me, @gregoryaight.bsky.social, Reuters, TVNewsCheck, The Hill and Associated Press
Ted Johnson / Deadline:
Filing: an AP print reporter is expected to have a spot in the White House pool by Sunday; an AP photographer was admitted to the pool on Thursday — White House Deputy Chief of Staff Taylor Budowich argued that the administration has been complying with Judge Trevor McFadden's order …
Discussion:
The Hill, @mariopro.bsky.social, @devonheinen.bsky.social, Washington Examiner and Newser
Bloomberg:
In her ruling, Judge Brinkema says Google did not meet the monopoly definition for tools used to buy display ads, but did for ad exchanges and website ad tools — Google's AI Overviews Echo Anti-Abortion Messaging, Report Finds — Sandberg Challenged Over Meta Business Moves During FTC Trial
Discussion:
Washington Monthly, New York Times, Axios, Hürriyet Daily News, Inside Radio, Adweek, Shore News Network, Sara Forden on LinkedIn, The Information, TV Tech, Fox Business, Breitbart, The Daily Wire, Ars Technica, Townhall, Daily Caller News Foundation, One America News Network, ZeroHedge News, Entrepreneur, Washington Examiner, New York Post, TechCrunch, Reuters, MediaPost, Digiday and Forbes, more at Techmeme »
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David McCabe / New York Times:
A US judge says Google acted illegally to maintain a monopoly in some online advertising tech, the second time in a year a court found Google acted illegally
Discussion:
The Ankler, The Verge, Engadget, @jeffjacksonnc, @repfitzgerald, @senamyklobuchar, Axios, @dohamekki, @edwhelaneppc, @choprausa, @agrobbonta, @timsweeneyepic, @catturd2, @mikeisaac, @agtennessee, @khushitavasant, @loudmouthjulia, @ggreenwald, @newyorkstateag, @adamkovac, @basedmikelee, @agowa, @senmikelee, @repjerrynadler, @jasonmiyaresva, @mrddmia, @rachelbovard, @timsweeneyepic, @matthewstoller, @linamkhan, @aagslater, @rbreich, @jason_kint, @jason_kint, Arabian Business, @leehepner, @amyklobuchar, @jkbustertruster, @sarafischer, @aripap, @benremaly, @aripap, @lewis_crofts, @zamaan_qureshi, @moreperfectus, @lutherlowe, @chronotope, @moreperfectus, @_annalanglois, @aripap, @sayreevan, @benbrodydc, @benremaly, @future_of_music, @lukewgoldstein, @_annalanglois, @matthewstoller, @matthewstoller, @khushitavasant, @loudmouthjulia, Tubefilter, Associated Press, Evelyn Mitchell-Wolf on LinkedIn, Daily Mail, Erin Dougherty on LinkedIn, Sarah Groves on LinkedIn, BIG by Matt Stoller, State of California, Washington Times, Reuters, The Hollywood Reporter, The Western Journal, SFist, Wired, Bloomberg, Gizmodo, @dell.bsky.social, Yahoo Finance, @klobuchar.senate.gov, Financial Times, @superwuster.bsky.social, UPI, Barron's Online, 9to5Google, WBAL Baltimore News, Deadline, @laurenfeiner.bsky.social, Politico, Variety, Wall Street Journal, @jahmierose.bsky.social, @mcconnell.bsky.social, @jakeweindling.bsky.social, @ddayen.bsky.social, AppleInsider, The Post Millennial and Semafor
@newsfromgoogle:
Google says “we won half of this case and we will appeal the other half” of the US antitrust ruling and “disagree[s]” with the decision on its publisher tools
Google says “we won half of this case and we will appeal the other half” of the US antitrust ruling and “disagree[s]” with the decision on its publisher tools
Discussion:
@martyswant, MarTech, Search Engine Land and Investor's Business Daily
Axios:
The DOJ and 17 US states that brought the antitrust case seek to force Google to sell off its “network” ad business, which is ~12% of Alphabet's total revenue
The DOJ and 17 US states that brought the antitrust case seek to force Google to sell off its “network” ad business, which is ~12% of Alphabet's total revenue
Discussion:
AppleInsider, The Daily Upside, TechRadar, New York Daily News, Daily Sabah, Daily Caller News Foundation, Benzinga, CNBC, Reuters, ABA Journal, CNET, Associated Press, Fast Company, Yahoo Finance, Johanna Bauman on LinkedIn, Los Angeles Times, @carnage4life.bsky.social, The Wrap, CNN, Sherwood News, Business Insider, The Information, The Hill, MEDIANAMA, WBAL Baltimore News, Common Dreams and The Register
Jeremy Barr / @jeremymbarr:
[Thread] Columbia University is cutting ties with Sewell Chan, Columbia Journalism Review editor since June 2024; Betsy Morais will serve as interim director — Some news: Columbia University is cutting ties with Sewell Chan, who has been the editor of Columbia Journalism Review since last year
Discussion:
The Wrap, @ckrewson, @katie_robertson, @breakermedianyc and @lachcartwright
Committee to Protect Journalists:
CPJ issues a travel advisory warning journalists traveling to the US to anticipate increased questioning by border agents regarding coverage of sensitive topics — A stated policy goal of the Trump administration is to significantly change U.S. travel and immigration policies.
Jess Weatherbed / The Verge:
The Wikimedia Foundation partners with Kaggle to release a dataset of “structured Wikipedia content in English and French” optimized for AI model training — Data science platform Kaggle is hosting a Wikipedia dataset that's specifically optimized for machine learning applications.
Discussion:
@kaggle, @jandotai, @davewiner, @chuckreynolds, Gizmodo and Engadget
Paul Hiebert / Adweek:
IAB and PWC: online ad spend hit $258.6B in 2024, up 15% YoY, with 39.8% going to search, 28.7% to display, 24% to video, and $2.4B to podcasts, up 26.4% YoY — The total marks a 15% increase compared to 2023 — Advertisers poured a recording-breaking amount of money into U.S. digital media last year.
Discussion:
W Media Research, IAB, MarTech, TV Tech, Music Ally, MediaPost, Inside Radio and Barrett Media
Nosheen Iqbal / Vogue UK:
An interview with Mishal Husain, who left the BBC's Today program to launch a Bloomberg interview series in November 2024, on her BBC exit, her book, and more — Last year, Mishal Husain's bold decision to swap the BBC for Bloomberg was breaking news. As the broadcaster prepares to go global …
Discussion:
Penny Crook on LinkedIn, @localnotail.bsky.social and The Guardian
