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4:35 PM ET, April 30, 2025

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Axios:
A look at all the ways Trump targeted media in his first 100 days, including banning AP from White House events, FCC investigations, and defunding USAGM  —  News that Attorney General Pam Bondi is resuming the practice of trying to seize reporters' phone records to smoke out leakers is the latest …
New York Times:
Sources: the Paramount board has outlined acceptable financial terms for a potential settlement with President Trump ahead of mediation, set to begin April 30  —  Paramount's interest in settling has dismayed CBS's news division.  The executive producer of “60 Minutes” abruptly resigned last week.
RELATED:
Todd Spangler / Variety:
Trump falsely claims CBS and 60 Minutes admitted to the “crime” of deceptively editing a Harris interview, says he'll sue NYT for calling his CBS suit baseless  —  President's comments come as his lawyers and Paramount Global's legal team are reportedly set to begin mediation in his $20 billion lawsuit
Meta:
Meta reports Q1 revenue up 16% YoY to $42.3B, net income up 35% YoY to $16.6B, and family daily active people up 6% YoY to 3.43B on average for March 2025  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.
Jake Kanter / Deadline:
Christiane Amanpour joins UK audio company Global to launch original podcasts; she will continue in her role as CNN's chief international anchor  —  Christiane Amanpour, the respected CNN anchor, is joining UK audio company Global to launch a number of original podcasts.
Discussion: Global and The Guardian
Trishla Ostwal / Adweek:
Google introduces channel-level reporting in Performance Max, providing ad campaign metrics broken down by ad format and what Google property it runs on  —  Advertisers can see how how campaigns perform across Search, YouTube, Gmail, and others  —  Google is cracking open the black box …
Sara Fischer / Axios:
Stagwell, a publicly-traded ad holding group, plans to host a new NewsFronts event on October 16 to highlight ad opportunities around news content  —  Stagwell, a publicly-traded ad holding group, will host a new “NewsFronts” event this fall that will highlight advertising opportunities around news content …
Discussion: @sarafischer
Financial Times:
The US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster may set the tone for how the Trump administration approaches competition policy  —  Rivals and competition experts fear the White House will not pursue its predecessor's antitrust case against the events giant
Katie Kilkenny / The Hollywood Reporter:
SAG-AFTRA creates a digital creator committee to develop industry standards and hopes to introduce contracts covering non-branded influencer content  —  The group is expected to provide “guidance and leadership” as the union attempts to break into covering original work and not just branded content.
 
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CNBC:
Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., $2.96 ARPU, vs. $2.93 est., and 460M DAUs, but declines to provide Q2 guidance; SNAP drops 13%+
Lauren Johnson / Adweek:
PayPal is expanding PayPal Ads to sell programmatic ads on the open web, using shopping data from PayPal, Venmo, and Honey to help advertisers target ads
Discussion: Reclaim The Net
 

 
From Techmeme:

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

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

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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