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:
New York Times, Advanced Television, Broadband TV News, Barron's Online, @mediaevan, @thetranscript_, Yahoo Finance, Reuters, Deadline, The Streamable, 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 and Associated Press
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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 »
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
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:
Washington Times, @mediaevan, ABA Journal, Los Angeles Times, Bloomberg, 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, TVNewsCheck, Reuters, 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 and Washington Examiner
Sewell Chan / Sewell Chan on LinkedIn:
Sewell Chan says the decision to fire him is “quite frankly baffling” and it came after “I had three pointed conversations with staff members in recent weeks” — My statement, part 1: — Yesterday I was fired by Columbia University after eight months as executive editor of the Columbia Journalism Review.
Discussion:
@ericnewcomer
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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
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.
Discussion:
@ianbirrell, @wolfe321, @pressfreedom.bsky.social and @newsjennifer.bsky.social
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, @ErikJonker@mastodon.social, Gizmodo and Engadget
Charles Pulliam-Moore / The Verge:
After canceling Mythic Quest, Apple debuts an updated version of the finale to tie up loose ends and removes the original cut entirely from Apple TV+ — A revised version of the episode is now streaming, meant to tie up the show's loose ends. — If you didn't catch Mythic Quest's series finale …
