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5:15 AM ET, October 16, 2025

Mediagazer

 Top News: 
Alex Weprin / The Hollywood Reporter:
NBC News cuts about 150 jobs, or about 2% of the NBC News Group's workforce, ahead of the spinoff of MSNBC and CNBC into Versant  —  The cuts come ahead of Comcast's Versant spinoff, which will see MSNBC and CNBC cleaved off from the rest of the NBC News Group.
Natalie Korach / Status:
Vox hires Astead Herndon from the NYT to host a new video podcast and serve as editorial director starting on October 20, a significant loss for the NYT  —  Vox has poached Astead Herndon from The NYT to host a new video podcast and serve as editorial director, contributing to political coverage across all mediums for the outlet.
Charlotte Tobitt / Press Gazette:
LAT Media Group reports a net loss before taxes of $48.1M in 2024, up from $30M in 2023, with a $21.5M loss in H1 2025; 50%+ of revenue still came from print  —  More than half of Los Angeles Times revenue still came from print in 2024.  —  The Los Angeles Times Media Group made a loss of almost $50m …
Discussion: Press Gazette and Axios
Annie Aguiar / Poynter:
Indiana University fired the adviser for The Indiana Daily Student, whose alums have won Pulitzers, showing how easily universities can seize student papers  —  By firing the Indiana Daily Student's adviser, IU showed how easily universities can seize control of the press they claim to support
Jagmeet Singh / TechCrunch:
Indian startup Kuku, which offers audio content and vertical dramas, raised an $85M Series C led by Granite at a $500M valuation and has 10M+ paid subscribers  —  Kuku, an Indian storytelling platform backed by Google, has raised $85 million in fresh funding as it aims to scale its audio …
Pew Research Center:
Survey: 46% say the news makes them feel informed often or extremely often, while 42% feel angry, 38% feel sad, and 27% feel scared with same frequency  —  The Pew-Knight Initiative supports new research on how Americans absorb civic information, form beliefs and identities, and engage in their communities.
Discussion: TheDesk.net
David Wheeldon / YouTube Official Blog:
YouTube's creative ecosystem added over €7B to the EU's GDP in 2024 and supported 200K+ full-time equivalent jobs, according to advising firm Oxford Economics  —  YouTube's creative ecosystem added over €7B to the EU's GDP in 2024, while supporting over 200,000 jobs.
RELATED:
Alex Weprin / The Hollywood Reporter:
An interview with YouTube CEO Neal Mohan on YouTube as the future of TV, paying out $100B+ to creators, partnering with the NFL, scripted content, and more
George Winslow / TV Tech:
Parks Associates: 45% of US internet homes watch FAST services; 89% subscribe to at least one streamer; 59% of streaming subscriptions are to basic ad tier  —  Nearly 9 in 10 (89%) of these homes also subscribe to at least one streaming service, with 59% choosing the cheaper ad-supported option, Parks Associates reported
Chris Roush / Talking Biz News:
WSJ restructures its health, science, and education teams, with the health group moving back under the business team, after separating during the pandemic  —  Wall Street Journal editor in chief Emma Tucker sent out the following on Wednesday:  —  Dear all,
Discussion: The Wrap
Lucas Manfredi / The Wrap:
Netflix is merging Scanline, the VFX company it acquired in 2021, with Eyeline, its virtual production and R&D unit, to form a one-stop shop for digital tools  —  The streamer is merging its research lab Eyeline with longtime VFX house Scanline to create a one-stop shop for digital tools to better help creatives
 
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 More News: 
Charlotte Tobitt / Press Gazette:
DMG Media launches two social publishers to produce original content for the Daily Mail's TikTok and Instagram; its social channels have 150M followers in total
Ben Croll / Variety:
As viewers move online, animation studios are forced to find new ways to finance their work; YouTube is emerging as a testing ground and launchpad for originals
Discussion: Screen Rant and Thurrott
 Earlier Picks: 
Verity Townsend / IGN:
Japan says it formally requested that OpenAI refrain from infringing on Japanese IP, including anime, manga, and games, calling them “irreplaceable treasures”
Jay Peters / The Verge:
YouTube starts rolling out a “cleaner and more immersive” video player, with rounded, slightly translucent on-screen buttons, across mobile, the web, and TVs
Spotify:
Spotify's video podcasts deal with Netflix will bring 16 shows to the platform, including The Bill Simmons Podcast, The Rewatchables, and Serial Killers
 

 
From Techmeme:

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

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

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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