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6:15 PM ET, May 2, 2025

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 Top News: 
Associated Press:
President Trump signed an EO on May 1 instructing CPB and other agencies to cut federal funding for NPR and PBS, alleging “bias” in the broadcasters' reporting  —  President Donald Trump on Thursday signed an executive order aiming to slash public subsidies to PBS and NPR as he alleged “bias” in the broadcasters' reporting.
Discussion: The White House, NPR, WBUR, NBC News, Variety, @benmullin, Associated Press, Los Angeles Times, IndieWire, New York Times, Josh Stearns on LinkedIn, @tedrogerla.bsky.social, American Prospect, The Week, Digital Music News, The Daily Signal, Instapundit, @tizzywoman.bsky.social, @philipmai.com, The Independent, TVNewsCheck, Deseret News, The Parnas Perspective, Twitchy, CNN, @ccpecknold, @kylegriffin1.bsky.social, PR Daily, New Republic, @emmajonyc, Newser, @schneider_dc, Al Jazeera, Breitbart, Townhall, @BrianJopek@mastodon.world, @npr.org, @tedstew, @tracilmorris.bsky.social, @repjasmine.bsky.social, Le·gal In·sur·rec·tion, @mikebenzcyber, Forbes, @runnerlily.bsky.social, @tedstew, The Moderate Voice, USA Today, @briankarem, Newsbusters, Reuters, TV Tech, @darrigomelanie, @farhip, The Hill, Digital Content Next, Blaze Media, @turdducken, Free Press Action Fund Feed, Must Read Alaska, @keithboykin.bsky.social, RedState, Ars Technica, @oregonduck2000.bsky.social, @marikakatanuma, KDFX-TV, Radio & Television …, @authorrandallb, Inside Radio, @claytravis, The Daily Caller, The Washington Free Beacon, @ianlivingston.bsky.social, Wall Street Journal, The Hollywood Reporter, @notaaroncraig.bsky.social, Bloomberg, @youranona.bsky.social, Washington Post, Washington Times, @nukestrat.bsky.social, Louder With Crowder, Scripps News, @ellenenders.bsky.social, Washington Examiner, @newjukeboxcafe.bsky.social, Axios, @mattdpearce.com, @marisakabas.bsky.social, Tampa Free Press, @wokeful.bsky.social, Press Herald, The Desk, The Wrap, @dystopian-fashion.bsky.social, New York Post, @charlesornstein.bsky.social, @ryanhasaquestion.bsky.social, @luciecatnip.bsky.social, Politico, Crooks and Liars and OpenTheBooks
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NPR:
NPR says President Trump's EO is an affront to the First Amendment rights of NPR and that it will challenge the EO “using all means available”  —  NPR is unwavering in our commitment to integrity, editorial independence, and our mission to serve the American people in partnership with our NPR Member organizations.
CPB:
In response to Trump's EO, CPB CEO says CPB is “not a federal executive agency subject to the President's authority” but a private nonprofit corporation  —  WASHINGTON, D.C, (May 2, 2025) — Patricia Harrison, President and CEO of the Corporation for Public Broadcasting (CPB) …
Ben Mullin / @benmullin:
PBS CEO Paula Kerger calls Trump's EO defunding the CPB “blatantly unlawful” and says PBS is exploring “all options” to allow the network to continue operating
Minho Kim / New York Times:
An appeals court allows the Trump admin to continue withholding funds from federally funded newsrooms, temporarily reversing parts of two lower-court rulings  —  The outlets — Radio Free Europe/Radio Liberty, Radio Free Asia and Middle East Broadcasting Networks — have had to scale back their news programming.
Discussion: Inside Radio, CBS News and Billboard
RELATED:
Brian Stelter / CNN:
Radio Free Asia is laying off most of its staff and shutting down many of its news broadcasts and streams due to a funding battle with the Trump administration  —  Radio Free Asia is laying off most of its staff and shutting down many of its news broadcasts and streams, amid a funding battle with the Trump administration.
RELATED:
Hayden Field / CNBC:
A US judge schedules the US government's remedies trial in the Google antitrust case regarding its advertising tech to begin on September 22
Bron Maher / Press Gazette:
RSF's 2025 Press Freedom Index classifies media freedom globally as “difficult”, a first; economic score hits a record low due to ownership concentration, more  —  Global press freedom has hit an all-time low as measured in Reporters Without Borders' annual index.
Eileen Guo / MIT Technology Review:
A Trump appointee asked State Dept. for internal communications with journalists and others for a Twitter Files-style dump about “censorship” of conservatives  —  A previously unreported document distributed by senior US State Department official Darren Beattie reveals a sweeping effort …
Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q1 revenue up 3.4% to $416.3M, subscription revenue up 4.7% to $391.4M, and 1.47M subscribers, down from 1.67M in Q4 2024; FUBO drops 16%+  —  The sports-focused streamer earlier unveiled a deal to merge with Walt Disney's Hulu+ live TV business.
Ann Gehan / The Information:
Livestream marketplace Whatnot says it hit $3B+ worth of goods sold through its app last year and viewers spend 80+ minutes per day on average on the app  —  Livestream shopping, while popular in Asia on apps like ByteDance-owned Douyin and Alibaba's Taobao Live, has been hard for most U.S.-focused startups and creators to crack.
Brian Steinberg / Variety:
As part of its Kentucky Derby coverage, NBC News will feature a new digital hub on NBCNews.com with content from NBC Sports, access to its FAST channel, more  —  NBC News wants to play a game that has not always interested the nation's biggest purveyors of TV news.
Dade Hayes / Deadline:
Roku acquires Frndly TV, a provider of low-cost TV bundles delivered via streaming, for $185M, which includes $75M in performance-based holdbacks  —  Roku is paying $185 million to acquire Frndly TV, a provider of low-cost TV bundles delivered via streaming.
RELATED:
Todd Spangler / Variety:
Roku reports Q1 revenue up 16% YoY to $1.02B, vs. $1.01B est., and a net loss of $27.4M, compared to a $50.9M net loss in Q1 2024; ROKU drops 5%
 
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 More News: 
Lawrence Abrams / BleepingComputer:
A California man pleads guilty to illegally accessing Disney's Slack channels and stealing 1.1TB+ of data in 2024; he later posed as hacktivist group NullBulge
 Earlier Picks: 
Todd Spangler / Variety:
Ari Emanuel acquires Frieze, an art events and media company, from Endeavor, and will make Frieze a part of his unnamed global events and experiences company