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1:40 PM ET, May 7, 2025

Mediagazer

 Top News: 
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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Lauren Forristal / TechCrunch:
Netflix unveils its ChatGPT-powered search that lets users express preferences using natural phrases, to be rolled out this week to iOS users as an opt-in beta  —  After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday.
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.
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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Katie Robertson / New York Times:
The NYT reports adding 250K digital-only subscribers in Q1, taking its total subscribers to 11.6M+; digital ad revenue rose 12.4% YoY to $70.9M  —  The company had nearly 11.7 million total subscribers at the end of March.  Adjusted operating profit grew 21.9 percent compared with the same quarter a year ago.
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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
Oliver Darcy / Status:
The Daily Dot laid off 15 people, or much of its staff, after a sudden and unexplained collapse in referral traffic starting April 10 that it couldn't fix  —  After a sharp and abrupt traffic collapse, the Daily Dot was forced to lay off much of its staff—and it may be a preview of the tough road ahead for digital publishers.
Joe Flint / Wall Street Journal:
CPB is slated to receive $535M per year in the next two fiscal years; PBS and its stations get ~15% of their revenue from CPB, NPR stations 10%, NPR itself ~1%  —  Public-media leaders promise to challenge president's executive order slashing financial support
Discussion: Tangle, Bloomberg and Inside Radio
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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
Jill Goldsmith / Deadline:
Lionsgate Entertainment completes the separation of its studio and Starz into two standalone companies; Starz had 20M subs in US and Canada at the end of 2024  —  Lionsgate Entertainment has completed the full separation of its studio and Starz businesses into two standalone, publicly-traded companies.
Scott Feinberg / The Hollywood Reporter:
The Golden Globe Awards plans to add a best podcast category in 2026, featuring six nominees chosen from among the 25 most-listened-to podcasts  —  It would appear that Joe Rogan, Alex Cooper and Megyn Kelly could soon be invited to “Hollywood's Party of the Year.”
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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: 
Sarah Perez / TechCrunch:
Patreon rolls out an updated version of its iOS app that lets users make purchases via the web in addition to using in-app purchases
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:

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

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

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
 
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