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10:45 AM ET, May 9, 2025

Mediagazer

 Top News: 
Isha Banerjee / Columbia Daily Spectator:
Barnard suspends Columbia Spectator and WKCR student reporters who covered a pro-Palestinian protest on campus, alleging they were involved in the protests  —  Barnard and Columbia issued interim suspensions Thursday afternoon to four student journalists who covered a Wednesday pro-Palestinian protest …
Caitlin Huston / The Hollywood Reporter:
AMC Networks reports Q1 revenue down 7% YoY to $555.2M, operating income down 41.7% to $64M, streaming revenue up 8% to $157M, and 10.2M streaming subscribers  —  The company is now only reporting paid streaming subscribers and not including those who are part of broader linear packages.
Tony Maglio / The Hollywood Reporter:
EchoStar says it lost 380K subscribers in Q1 for a total of ~7.4M and reports pay TV revenue fell 7.4% YoY to $2.5B and operating income fell 2.5% YoY to $653M  —  Sling's churn was worse than Dish's, if we're pointing fingers.  —  Dish TV and Sling TV combined for a loss of 380,000 subscribers …
Elaine Woo / LAist:
LAist lays off eight employees, or 5% of staff, citing the potential loss of $1.7M in CPB funding, which amounts to ~4% of the public media outlet's budget  —  LAist laid off eight employees Tuesday as it contends with ongoing financial challenges, including President Donald Trump's recent order …
Discussion: @1gregtodd.bsky.social and Current
Jeffrey A. Trachtenberg / Wall Street Journal:
News Corp reports Q3 revenue up 1% YoY to $2.01B, net income of $103M, Dow Jones revenue up 6% to $575M, and $514M in News Media revenue; WSJ has 4.34M subs  —  Digital and print Wall Street Journal subscriptions totaled 4.34 million for March quarter, company says
Kasey Moore / What's on Netflix:
Netflix plans to remove the two remaining interactive specials, Black Mirror: Bandersnatch and Unbreakable Kimmy Schmidt: Kimmy vs. the Reverend, on May 12  —  The last remaining interactive specials on Netflix are departing the service...  Netflix is preparing to remove its final two interactive specials from the platform.
Peter White / Deadline:
David Eilenberg, who was head of content at Roku Media for the last two years, is returning to ITV America to oversee its creative direction  —  Eilenberg, who was head of content at Roku Media for the last two years, is returning to the Love Island USA producer as Creative Director.
Brian Steinberg / Variety:
Paramount reports Q1 revenue down 6% YoY to $7.19B, a $550M net income, Paramount+ subs up 11% to 79M, and still expects the Skydance deal to close in H1 2025  —  Paramount Global, under scrutiny as it works to complete a deal that will have it acquired by Skydance Media …
 
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 More News: 
Lillian Rizzo / CNBC:
FanDuel Sports Network says its paid subscribers doubled to nearly 650,000 over a period of eight weeks and expects to reach 1M D2C customers by the end of 2025
ABC News:
President Trump appoints Fox News host and former prosecutor Jeanine Pirro as interim US attorney for DC, replacing his earlier pick, Ed Martin
 Earlier Picks: 
Zac Ntim / Deadline:
India's Ministry of Information and Broadcasting orders all streamers and OTT companies operating in India to pull Pakistani content, citing national security
Chris Vallance / BBC:
The Wikimedia Foundation says it is taking legal action to challenge the UK's Online Safety Act, saying it could threaten the safety of its volunteer editors
Todd Spangler / Variety:
WBD says it'll start getting “more assertive” about blocking password sharing later in 2025 and Max password-sharing feature will fully roll out in 12-18 months
 

 
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

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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