Top News:
Benjamin Mullin / New York Times:
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars — Ziff Davis, which owns more than 45 media properties, is accusing the tech company of infringing on the publisher's copyrights and diluting its trademarks.
Discussion:
TVNewsCheck, XboxEra, The Verge, MEDIANAMA, Reuters, @seldo.com and @GossiTheDog@cyberplace.social, more at Techmeme »
Murray Stassen / Music Business Worldwide:
The European Commission accepts requests from Austria and the Netherlands to assess UMG's proposed $775M Downtown Music acquisition announced in December 2024 — European regulators are officially preparing to investigate Universal Music Group's proposed $775 million Downtown Music acquisition.
Discussion:
Reuters, Financial Times, @eu_competition, Music Ally, Reuters and Bloomberg
Bloomberg:
Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal — An agreement could be reached as soon as the coming weeks, the people said. — Talks are ongoing and no final decisions have been made, the people said.
Discussion:
Reuters
Wall Street Journal:
Sources: Paramount has begun talks with the FCC on the necessary steps to gain approval for its Skydance merger, including concessions on its diversity policies — The discussions are a small step in a complex effort to secure federal approval for the media company's deal with Skydance
Discussion:
Broadband TV News, The Wrap, TVNewsCheck, Deadline, The Desk, Cord Cutters News, Financial Times and Fox News
Todd Spangler / Variety:
Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est. — YouTube continues to rake in money from advertisers worldwide, with the video giant's ad revenue reaching $8.93 billion …
Discussion:
MEDIANAMA, Music Ally, Alphabet, Neowin, @munster_gene, Fortune, Adweek, Wall Street Journal, 9to5Google, Business Insider, TVNewsCheck, Investor's Business Daily, MediaPost, @crumbler@threads.net, Benzinga, Reuters, The Information, Financial Times, Wall Street Journal, The Desk, The Wrap, Forbes, Deadline, The Hollywood Reporter, The Verge and Thurrott, more at Techmeme »
Advanced Television:
Kantar: 33% of new UK paid subscribers chose ad tier in Q1 2025, up from 31% in Q4; Prime Video had the highest share of new paying subs, followed by Apple TV+ — Kantar, the marketing data and analytics company, has revealed growing adoption of ad-supported streaming …
Discussion:
Broadband TV News
Wall Street Journal:
A look at private equity's incursion into the advertising industry, offering smaller agencies new resources to compete with the larger holding companies — Once put off by ad agencies' fickle cash flows, private investment firms now see an opportunity to capitalize on the sector's accelerating shift toward automation
Bron Maher / Press Gazette:
An interview with Politico Europe's Kate Day on the outlet ten years in: ~50% of its 350 staff are journalists and Politico Pro makes up 50% to 60% of revenue — Politico is seeing “significant growth” in Europe as it celebrates the tenth birthday of its edition on the continent.
Discussion:
Simon Owens's Media Newsletter
Michael Savage / The Guardian:
The BBC launches BBC News Burmese in Myanmar on a satellite video channel formerly used by VOA, citing an “audience in need” in the aftermath of the earthquake — Corporation responds to ‘urgent need’ following earthquake by taking over Voice of America's former channel
Discussion:
Metro.co.uk, Mirror, ACLED, Thu Thu Aung on LinkedIn, @michaelsavage.bsky.social, Broadband TV News, CBS News and BBC
Lucas Shaw / Bloomberg:
A profile of Paramount co-CEO Chris McCarthy, who led the expansion of Yellowstone franchise and says Paramount+ will turn a profit for the first time in 2025 — Chris McCarthy has helped create one of the biggest franchises in Hollywood. He may soon be out of a job. — Chris McCarthy is shaking his head.
Discussion:
@lucas_shaw
Emma Roth / The Verge:
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on — The new option drops sound descriptions and speaker names from subtitles. … Netflix is rolling out a new subtitle option that shows just spoken dialogue.
Aisha Malik / TechCrunch:
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook” — Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday.
Discussion:
MEDIANAMA, Fortune, Meta, The Verge, Music Ally, Tubefilter, What's Trending, iPhone in Canada Blog, Thurrott, Engadget and @karissabe.bsky.social, more at Techmeme »
Etan Vlessing / The Hollywood Reporter:
Comcast reports Peacock losses fell to $215M in Q1 from $639M in Q1 2024, revenue rose 16% YoY to $1.2B, and paying subscribers hit 41M, up from 36M in Q4 2024 — The cable giant also unveiled its first-quarter results for the entertainment unit and other operations, which includes continuing broadband and video customer losses.
Discussion:
Awful Announcing, Broadband TV News, @tvgrimreaper, Streaming Better, Adweek, Media Play News and Wall Street Journal
RELATED:
Dade Hayes / Deadline:
Comcast reports Q1 revenue down 0.6% YoY to $29.89B, Media revenue up 1% YoY to $6.4B, and adjusted EBITDA up 21.5% to $1B; Comcast lost 427K cable subscribers
Comcast reports Q1 revenue down 0.6% YoY to $29.89B, Media revenue up 1% YoY to $6.4B, and adjusted EBITDA up 21.5% to $1B; Comcast lost 427K cable subscribers
Discussion:
@tvgrimreaper, @scottgustin, @tvgrimreaper, Ars Technica, The Desk, TVNewsCheck, Radio & Television …, Music Business Worldwide, Yahoo Finance, Sherwood News, Barrett Media, Benzinga, Media Play News, Cord Cutters News, Wall Street Journal, Investor's Business Daily, The Wrap, Bloomberg, Variety, Barron's Online and Reuters
