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2:40 PM ET, May 5, 2025

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 Top News: 
The Wrap:
Trump says he authorized the Commerce Department to impose a “100% Tariff” on movies “produced in Foreign Lands”, saying they are a “National Security” threat  —  “The Movie Industry in America is DYING a very fast death,” the president writes on Truth Social
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Alex Weprin / The Hollywood Reporter:
The White House says “no final decisions on foreign film tariffs have been made” and it is exploring options for “Making Hollywood Great Again”  —  The administration says it is still intent on “Making Hollywood Great Again” though it suggests it will take time for tariff plan to come to fruition.
Lucas Shaw / Bloomberg:
Trump's tariffs on foreign film productions risk retaliation that could hurt Hollywood's trade surplus; MPA: US exports 3x more entertainment than it imports  —  While more movies and TV shows are being produced abroad, the US entertainment industry still exports three times as much as it imports.
Scott Roxborough / The Hollywood Reporter:
Experts are baffled by Trump's “movie tariff” proposal, as what constitutes a “foreign” production is unclear, and tariffs won't make US filming any cheaper  —  A levy punishing runaway productions may make it more expensive to shoot abroad, but it won't make it any cheaper to shoot movies in the United States.
Reuters:
Australia and New Zealand, popular filming locations for Hollywood movies in recent years, pledge support for their film industries after Trump proposed tariffs  —  Australia and New Zealand vowed to advocate for their film industries on Monday after U.S. President Donald Trump announced …
Lucia Moses / Business Insider:
Sources: Google launched 100 Zeros, a film and TV production initiative in partnership with Range Media, to promote its products and a positive image of tech  —  - Google has quietly launched a film and TV production initiative called 100 Zeros.  — Google wants to promote its products …
Lata Jha / Livemint:
Deloitte and MPA: the film, television, and online curated content industry in India generated a combined revenue of $13.1B in FY 2024, up 18% since FY 2019  —  The Indian film, television, and online curated content industry generated Rs.  110,000 crore in FY2024, growing 18% since FY2019.
Naman Ramachandran / Variety:
India's JioStar says it spent $3B on content in 2024, and plans to spend $3.6B in 2025 and a little more in 2026, spending more than $10B over three years  —  India's media colossus JioStar is doubling down on content investment, pouring approximately $3.6 billion into programming this year …
Discussion: MediaNews4U and BMI
Abigail Covington / New York Times:
A look at Laid Off, a Substack newsletter with ~9,000 subscribers that features stories of federal workers, Google employees, and others about losing their jobs  —  Federal workers, Google employees and newspaper editors have opened up about losing their jobs in the newsletter Laid Off.
Discussion: Laid Off and @reeltalker
Charlotte Tobitt / Press Gazette:
An interview with Daily Express EIC Tom Hunt on the paper's 125th anniversary, plans for a YouTube show called Daily Expresso, the future of print, and more  —  Becoming “best in class” for core topics like politics and defence is what will help the Daily Express survive and thrive into the next century …
Washington Post:
After VOA director said staff can begin a “phased return”, an appeals court stays the preliminary injunction that allowed VOA and USAGM staffers to go back  —  An email from the Justice Department said VOA staff can begin a “phased return” to the office and programming.
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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.
Discussion: Townhall, The Hill, MSNBC, LewRockwell, The Guardian, Media Nation, CBS News, Washington Times, CNBC, Fox News, The Post Millennial, Celebrity Insider, Twitchy, WANE-TV, Washington Post, UPI, The Wrap, CatholicVote org, @brianstelter, @brianstelter, @brianstelter, @fheinderyckx@mastodon.social, @marionleary.bsky.social, Jill Ament on LinkedIn, Newsbusters, The White House, @barbmcquade.bsky.social, @durbin.senate.gov, @herbscribner.bsky.social, @schneider_dc, @ccpecknold, @emmajonyc, @farhip, @tedstew, @tedstew, Digital Journal, RADIO ONLINE, @mikebenzcyber, @authorrandallb, @claytravis, @turdducken, @darrigomelanie, @mjanssen.bsky.social, @katewillaert.bsky.social, @repdelbene.bsky.social, The White House, One America News Network, Common Dreams, @briankarem, @marikakatanuma, Chicago Sun Times, @carbajal.house.gov, Scripps News, Greensburg Tribune-Review, Newser, Los Angeles Times, Inside Radio, PoliticusUSA, Press Herald, Josh Stearns on LinkedIn, NOTUS, @tedrogerla.bsky.social, Digital Music News, American Prospect, WBUR, The Moderate Voice, The Week, USA Today, San Francisco Examiner, NBC News, @tracilmorris.bsky.social, Instapundit, @tizzywoman.bsky.social, @benmullin, Ars Technica, The Washington Free Beacon, Billboard, @npr.org, NPR, @oregonduck2000.bsky.social, Reason, Must Read Alaska, Mediaite, Deseret News, Cord Cutters News, Associated Press, Broadband TV News, @repjasmine.bsky.social, ABC News, New Republic, PR Daily, TVNewsCheck, The Daily Wire, The Daily Caller, The Hollywood Reporter, The Daily Signal, Forbes, Louder With Crowder, The Verge, Digital Content Next, Blaze Media, Breitbart, The Parnas Perspective, Radio & Television …, KDFX-TV, RedState, TV Tech, New York Times, Deadline, @keithboykin.bsky.social, Washington Examiner, WORLD SCREEN, Le·gal In·sur·rec·tion, The Independent, Reuters, @BrianJopek@mastodon.world, Metalheads against Fascism, CNN, @philipmai.com, Washington Post, Al Jazeera, @kylegriffin1.bsky.social and @runnerlily.bsky.social
RELATED:
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
 
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 More News: 
New York Times:
Sensor Tower: Temu cut US digital ad spending by an estimated 31% and Shein by 19% in the two week period from March 31 as the de minimis exemption is closed
Sahil Patel / The Information:
TV ad sales execs and ad buyers say marketers plan to cut spending on entertainment and news programming by up to 10% in the coming year amid economic worries
Discussion: Adweek
 Earlier Picks: 
Financial Times:
The US DOJ tells a judge it will seek to force Google to divest its ad exchange and publisher ad server units and share real-time ad bidding data with rivals
Sean Burch / The Wrap:
The LA Times Guild says 14 of its members have been laid off, or 6% of its newsroom staff, the third round of newsroom layoffs at LAT in as many years
 

 
From Techmeme:

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

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

Casey Newton / Platformer:
A look back at five years of Meta's Oversight Board, whose rulings on the relatively small number of cases it hears have generally had limited impact
 
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