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12:10 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
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: @pinemikey.bsky.social and Mirror
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.
James Hale / Tubefilter:
Streams Charts: YouTube was the most-watched livestreaming platform in Q1 2025, with 50.3% of the watch hours, followed by TikTok with 27% and Twitch with 16.3%  —  It's been a few years since the Great Ninja Exodus that pitted Twitch, YouTube, Microsoft's now-defunct Mixer …
Discussion: Dexerto, Music Ally and Digiday
 
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 More News: 
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%+
 Earlier Picks: 
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
 

 
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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