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12:00 PM ET, May 7, 2025

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 Top News: 
David Folkenflik / NPR:
Kari Lake says OAN will provide its newsfeed and video service “free-of-charge” to USAGM networks, including VOA, OCB, and Radio Martí  —  Senior presidential adviser Kari Lake appears to have resolved any doubts about what she wants to do with the Voice of America.
John Koblin / New York Times:
Netflix unveils a new homepage design for TVs, its first major update since 2013, featuring fewer titles but more video and animation, rolling out next week  —  The implications for the industry could be significant, given that most other streaming services have copied Netflix's design.
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Todd Spangler / Variety:
In Q2, Disney says Disney+ subscribers rose by 1.4M to 126M, while Hulu rose by 1.1M to 54.7M, and operating income hit $336M, up from $47M in Q2 2024  —  Despite gathering economic storm clouds, chief Bob Iger said the Mouse House remains “optimistic” about its current fiscal year guidance.
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The New York Times Company:
The New York Times reports Q1 revenue up 7.1% YoY to $635.9M, subscription revenue up 14.4% YoY to $335M, and operating profit up 21.3% YoY to $58.6M  —  NEW YORK, May 7, 2025 - The New York Times Company (NYSE: NYT) announced today first- quarter 2025 results.  Key Highlights
Discussion: Wall Street Journal
Benjamin Mullin / New York Times:
CPB says the Department of Education has terminated Ready To Learn, the grant program that funded Sesame Street and would've provided $23M for children's shows  —  The termination of the federal grant program, called Ready To Learn, resulted in a loss of $23 million that would have gone to educational programs.
RELATED:
Joe Flint / Wall Street Journal:
Discussion: Tangle, Bloomberg and Inside Radio
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RELATED:
Andrew Liszewski / The Verge:
Amazon updates its iOS Kindle app to add a prominent orange “Get book” button, enabling purchases via the mobile browser, after the recent Epic v. Apple ruling
 
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 More News: 
Hunter Walker / Talking Points Memo:
Trump Media's Truth+ streaming service, launched in September 2024, has “documentaries” that push conspiracy theories in its top 10 most watched programs
Malheur Enterprise:
The Malheur Enterprise, a rural weekly in Oregon, is closing after more than 115 years, as its owners plan to retire; the last print edition is May 7
 Earlier Picks: 
Winston Cho / The Hollywood Reporter:
The family of an Afghan mine-clearer, who was killed by the Taliban after appearing in a Nat Geo documentary working with Green Berets, sues Disney and others
Sarah Perez / TechCrunch:
News reader Particle launches on the web, featuring news headlines and AI summaries, key quotes, links to sources, and reader questions answered by AI
Alex Sherman / CNBC:
Comcast's spinoff of the majority of the NBCU cable network portfolio will be named Versant; the “holding company” name is for “business-to-business purposes”
 

 
From Techmeme:

Ashley Gold / Axios:
New York Gov. Kathy Hochul signs the RAISE Act into law; the AI safety bill's text was modified earlier to more closely resemble California's SB 53

Beatrice Nolan / Fortune:
Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product

Andrej Karpathy / karpathy:
2025 LLM Year in Review: shift toward RLVR, Claude Code emerged as the first convincing example of an LLM agent, Nano Banana was paradigm shifting, and more

 
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