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12:20 PM ET, April 30, 2025

Mediagazer

 Top News: 
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 says CBS and 60 Minutes admitted “to this crime” of deceptively editing a Harris interview, and he will sue the NYT for saying his CBS suit is 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
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 …
RELATED:
Benjamin Mullin / New York Times:
The Corporation for Public Broadcasting sues the Trump administration, accusing it of illegally trying to fire three members of its board on April 28
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
Mark K. Miller / TVNewsCheck:
Sinclair names Jeff Blackburn, formerly SVP of global media and entertainment at Amazon, as CEO and chairman of the Tennis Channel  —  Save this article for later!  Login or create a Free Member Profile to bookmark it.  —  Sinclair taps the former Amazon executive to lead the sports network.
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
Discussion: Mirror and @pinemikey.bsky.social
Minho Kim / New York Times:
A federal judge orders the Trump administration to pay Radio Free Europe/Radio Liberty $12M for its April funding, which USAGM has withheld  —  The news organization relies almost exclusively on congressional funding, which the Trump administration has held up for weeks.
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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 Earlier Picks: 
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%+
Charlotte Tobitt / Press Gazette:
Samsung launches a new default, free news app for its devices in the UK in beta with non-paywalled content from Sky News, Daily Mail, Reuters, and others
Mark Stenberg / Adweek:
Source: the Los Angeles Times had a roughly $50M loss in 2024, following a $30M loss in 2023, and has lost about 25,000 paid subscribers since September 2024