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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.
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Ben Mullin / @benmullin:
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 — The Corporation for Public Broadcasting weighs in on President Trump's EO: “CPB is not a federal executive agency subject to the President's authority.” [image]
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.
Discussion:
@gordongchang, @brianstelter, @brianstelter, @brianstelter, @brianstelter, @brianstelter and New York Times
Todd Spangler / Variety:
Apple reports Q2 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $26.65B, a new record but below $26.7B est. — The company overall topped Wall Street estimates for the quarter as investors awaited word on how President Trump's tariffs might hurt its business.
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% — Roku turned in first-quarter 2025 earnings that edged over Wall Street forecasts and announced a $185 million deal to buy Frndly TV …
Discussion:
The Desk, Benzinga, Streaming Better, The Wrap, Roku and Reuters, more at Techmeme »
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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.
Jonathan Vanian / CNBC:
Amazon reports Q1 ad revenue up 18% YoY to $13.92B, vs. $13.74B est., and subscription services revenue up 9% YoY to $11.72B — Amazon reported a 19% increase in online ad revenue in the first quarter, beating analyst estimates. — Ad sales climbed to $13.92 billion …
Discussion:
Bloomberg, @carnage4life.bsky.social, Digiday, Quartz and The Wrap, more at Techmeme »
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 — The global average press freedom score has fallen for the first time into RSF's “difficult” territory.
Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q1 revenue up 3.4% to $416.3M, subscription revenue up 4.7% to $391.4M, net income of $188.4M, and 1.47M subscribers, down from 1.67M in Q4 2024 — The sports-focused streamer earlier unveiled a deal to merge with Walt Disney's Hulu+ live TV business.
Discussion:
The Streamable, Advanced Television, Yahoo Finance, ir.fubo.tv, Streaming Better and Cord Cutters News, more at Techmeme »
Jack Herrera / Columbia Journalism Review:
A look at the resources NYT journalists used to cover the deportations through Panama in February, before the Trump Administration acknowledged the deportations — In order to remove migrants as quickly as possible, Trump has offshored his detention regime. Journalists have struggled to cover their stories—and that is dangerous.
Discussion:
@columjournreview.bsky.social
Ethan Gach / Kotaku:
Polygon staff, including co-founder and EIC Chris Plante, say the video games publication has laid them off, after Vox Media sold Polygon to publisher Valnet — One of the biggest gaming sites around was just blown up — The video game website Polygon has been sold to click-farm powerhouse Valnet …
Discussion:
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Naman Ramachandran / Variety:
UK Culture Secretary Lisa Nandy says “we would be very reluctant” to introduce a levy on streaming platforms, despite a parliamentary committee recommending it — The politician was speaking at the inaugural WAVES summit in Mumbai, where she championed U.K.-India film collaboration
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