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4:20 AM ET, May 7, 2025

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 Top News: 
Sara Fischer / Axios:
Fox News Media projects $500M in FY 2025 revenue for its non-cable TV businesses, which include Fox Nation; ads make up most of its digital business revenue  —  Fox News Media is projecting half a billion dollars in revenue this fiscal year for its non-cable TV businesses …
Discussion: TVNewsCheck
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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  —  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.
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  —  Creator platform Patreon has rolled out an updated version of its app that now allows users to make purchases via the web, in the wake of the Apple-Epic court ruling …
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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
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”  —  Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant …
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  —  The Malheur Enterprise is ceasing publication after 115 years with the May 7 edition being the last printed version.
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  —  Among other things, movies on the Truth+ streaming service have suggested Jesus Christ and Buddha are aliens.
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  —  The estate of an Afghan man, who was killed by the Taliban after he was seen in Matthew Heineman's documentary ‘Retrograde’ working alongside …
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  —  Particle, the startup behind an AI-powered newsreader that aims to help publishers, not just steal their work, is bringing its product to the web.
Alex Weprin / The Hollywood Reporter:
NBC plans to use generative AI to recreate the voice of famed NBA narrator Jim Fagan, who died in 2017, to use in promos, title sequences, and show opens  —  Fagan passed away in 2017, but when the ‘NBA on NBC’ returns this fall, his voice will appear in promos, title sequences and other segments.
 
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 More News: 
Kendra Barnett / Adweek:
Google unveils AI Max for Search ad campaigns, a suite of AI-powered targeting and creative enhancements, rolling out to advertisers in beta later this month
Erik Hayden / The Hollywood Reporter:
CNN hires Choire Sicha as SVP of features editorial; Sicha joins from Vox Media where he served as editor at large for New York Magazine
 Earlier Picks: 
Alexandra Alter / New York Times:
MrBeast is teaming up with James Patterson on a thriller, to be published by HarperCollins in 2026 in 15 languages, after a reported eight-figure bidding war
Vikas SN / Moneycontrol:
YouTube is piloting two-person Premium and Music Premium plan options in India, France, Taiwan, and Hong Kong
Wall Street Journal:
US v. Google: the DOJ says in a May 5 filing that Google should sell its AdX business and DFP ad platform; Google says divestiture isn't warranted or feasible
New York Times:
California Gov. Gavin Newsom says he wants to work with the Trump administration to craft a $7.5B federal film tax credit; the state allocates $330M annually