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8:40 PM ET, April 30, 2025

Mediagazer

 Top News: 
Meta:
Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.
RELATED:
Sarah Perez / TechCrunch:
Mark Zuckerberg says Threads has 350M MAUs, having added 30M in Q1 2025, compared to 20M in Q4 2024  —  Instagram Threads, Meta's X competitor, has now grown to over 350 million monthly active users, CEO Mark Zuckerberg revealed during the company's Q1 2025 earnings call on Wednesday.
more at Techmeme »
Axios:
PBS CEO Paula Kerger says she is “hopeful” more Republicans will back the public broadcaster, and PBS would defend “vigorously” if someone went after its board  —  PBS CEO Paula Kerger said Wednesday she's “hopeful” more Republicans will back the the public broadcaster …
RELATED:
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 …
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
RELATED:
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
Mike Masnick / Techdirt:
The GOP used legal threats to take down billboard ads bought by Democrats in March, a blatant SLAPP demand and potentially a 1A violation  —  The “Party of Free Speech” is at it again.  House Speaker Mike Johnson just bragged about using legal threats to remove his opponents' political advertising …
Discussion: Punchbowl News
David Bauder / Associated Press:
WaPo has banned its media writers from reporting stories about the paper and reportedly lost ~325K subscribers after the Harris non-endorsement  —  After a brutal year of headlines about The Washington Post, Executive Editor Matt Murray sounded almost relieved to be talking about journalism.
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
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: Deadline and @sarafischer
 
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 Earlier Picks: 
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
 

 
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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