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1:05 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.
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 …
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.
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.
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  —  WASHINGTON, D.C, (May 2, 2025) — Patricia Harrison, President and CEO of the Corporation for Public Broadcasting (CPB) …
RELATED:
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”
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
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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: 
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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