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8:00 AM ET, April 18, 2025

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 Top News: 
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.
RELATED:
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: Fox 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 …
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  —  The ruling was the second time in a year that a federal court had found that Google had acted illegally to maintain its dominance.
Discussion: The Verge, Fortune, Engadget, @jeffjacksonnc, @repfitzgerald, @senamyklobuchar, @dohamekki, @edwhelaneppc, @choprausa, @agrobbonta, @timsweeneyepic, @catturd2, @mikeisaac, @agtennessee, @khushitavasant, @ggreenwald, @newyorkstateag, @adamkovac, @basedmikelee, @agowa, @senmikelee, @repjerrynadler, @jasonmiyaresva, @mrddmia, @rachelbovard, Axios, @timsweeneyepic, Digiday, @matthewstoller, @linamkhan, @aagslater, @rbreich, @jason_kint, @jason_kint, @jkbustertruster, @leehepner, @amyklobuchar, @sarafischer, Tubefilter, @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, Skift, The Drum, Evelyn Mitchell-Wolf on LinkedIn, Erin Dougherty on LinkedIn, Sarah Groves on LinkedIn, Yahoo Finance, BIG by Matt Stoller, Benzinga, MediaPost, CNBC, State of California, News/Media Alliance, Washington Times, The Hollywood Reporter, The Western Journal, SFist, Wired, Reuters, Bloomberg, Gizmodo, @dell.bsky.social, @klobuchar.senate.gov, Adweek, Financial Times, @superwuster.bsky.social, UPI, Barron's Online, 9to5Google, WBAL Baltimore News, Deadline, @laurenfeiner.bsky.social, Variety, Wall Street Journal, @jahmierose.bsky.social, @mcconnell.bsky.social, @jakeweindling.bsky.social, @ddayen.bsky.social, AppleInsider, The Post Millennial, CBS News, Semafor and Drudge Retort, more at Techmeme »
RELATED:
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
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
Financial Times:
RedBird is drawing up plans to be the “sole-control owner of the Telegraph Media Group” to bring an end to the media group's protracted two-year sale  —  Plan would reduce stake of Abu Dhabi-based IMI to overcome objections of British government on grounds of foreign control
Discussion: The Times and Telegraph
Ted Johnson / Deadline:
In an X post, the FCC chairman suggests Comcast may be violating its licenses and accuses it of “news distortion” after MSNBC didn't air a WH press hearing  —  FCC chairman Brendan Carr suggested that Comcast may be violating its broadcast licenses after MSNBC declined to carry …
NPR:
An interview with NPR CEO Katherine Maher on the impact of Trump's proposed budget cuts; $100M of the $121M NPR receives annually goes to member stations  —  The Trump administration has drafted a memo to Congress outlining its intent to eliminate nearly all federal funding for public media …
Matthew Keys / The Desk:
Sources: EchoStar laid off Video Services President Gary Schanman and Ajinkya Joglekar on April 16 as part of a broader pay-TV business restructuring  —  Echostar's pay TV businesses have struggled to compete against aggressive pricing from peer services.  —  Two C-level executives …
Discussion: TVNewsCheck and Cord Cutters News
 
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 More News: 
Alex Weprin / The Hollywood Reporter:
Chris Matthews is reviving Hardball on Substack with new episodes on Mondays at noon; Matthews abruptly retired from MSNBC in March 2020
Discussion: Barrett Media
Charlotte Tobitt / Press Gazette:
Similarweb: total desktop social referral traffic from Facebook grew 75% YoY for 68 top English-language news sites due to algorithm changes in January 2025
Discussion: @2xaught7.bsky.social
 Earlier Picks: 
Julian Sancton / The Hollywood Reporter:
Breakthrough Prize Foundation cut Seth Rogen's criticism of Silicon Valley's Trump support from a “full” YouTube video; a spokesperson blamed the event's length
 

 
From Techmeme:

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

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

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities
 
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