Mediagazer: BuzzFeed warns that it lacks the resources to fund its cash obligations over the next year and is exploring options, as it reports a Q4 loss of $26.8M (Elias Schisgall/Wall Street Journal)

7:45 AM ET, March 13, 2026

Top News:

BuzzFeed warns that it lacks the resources to fund its cash obligations over the next year and is exploring options, as it reports a Q4 loss of $26.8M — The digital media company said it has broadly operated at a loss since its conception and is burdened by legacy commitments

Discussion: The Wrap, Townhall, CNN, The Information, Reuters, BuzzFeed and Bloomberg

Washington Post:

Trump nominates Sarah B. Rogers, a State Department official, as chief executive of USAGM, after a judge ruled Kari Lake has been illegally running the agency — Lake, whom a judge found has been illegally running the agency, said that she will stay on as deputy CEO.

Discussion: Politico, @lrozen, @lrozen, @lrozen, @scottnover, @karilake, @savevoa.bsky.social, @washingtonpost.com, NBC News, NOTUS, The Hill, Reuters, @scottnover.bsky.social, Deadline, The Gateway Pundit, The Wrap and DNYUZ

Brian Steinberg / Variety:

Disney has sold out all its available commercial inventory for its Oscars telecast on Sunday; source: the event drew 18 returning sponsors and 24 new ones — Disney has sold out all its available commercial inventory tied to its March 15 Oscars telecast, according to John Campbell …

Discussion: Comic Book, The Wrap, The Hollywood Reporter, Adweek, Deadline and IGN

Ben Mullin / @benmullin:

At a meeting, Jeff Bezos told top Washington Post editors and reporters that he had spurned seven offers to sell the news organization — scooplet: at the meeting, Jeff Bezos also said he had spurned seven (!) offers to sell The Post

Discussion: @benmullin, @mediaevan, @benmullin, Status and The Wrap

Alex Weprin / The Hollywood Reporter:

Apple's Eddy Cue says viewership for F1's first race weekend on Apple TV was up compared to the first weekend in 2025 on ESPN, exceeding expectations — The Apple executive says that viewership for the Australian Grand Prix was up on Apple TV compared to last year's broadcast on ESPN.

Discussion: Engadget, MacRumors, Awful Announcing, @tightoff.bsky.social, 9to5Mac, AppleInsider and r/formula1

David Bauder / Associated Press:

Trump's administration denounced CNN for airing part of the new Iranian leader's statement Thursday, the second time in three days it has singled out CNN — The Trump administration denounced CNN on Thursday for airing a portion of the new Iranian supreme leader's public statement …

Discussion: WWL-TV, @fritzbischoff.bsky.social, @sfdb.bsky.social, @rapidresponse47, @taftermath2020, @lawyer4laws, @derekahunter, @kamikazeblue007, @WarnerCrocker@mastodon.social, @altnoaa.bsky.social, RedState, Washington Times, CNN, Raw Story and WTOP News

Amanda Silberling / TechCrunch:

Substack launches the Substack Recording Studio, letting creators prerecord videos with up to two guests, share screens, and auto-generate clips and thumbnails — Publishing platform Substack is continuing to invest in video content as it launches the Substack Recording Studio …

Discussion: On Substack

Kayla Cobb / The Wrap:

Disney+ is rolling out Verts, its new short-form video feed, to US users on its mobile app, featuring clips from movies and TV shows on Disney+ — Users will be able to swipe through a stream of scenes from movies and shows on Disney+ — Disney's experiment with vertical video begins this week.

Steve McClellan / MediaPost:

Publicis acquires content intelligence firm AdgeAi, to identify the most effective creative elements of ad campaigns and to improve content strategy and ROI — While agencies and marketers have gone to great lengths to optimize media expenditures, Publicis Groupe is doubling …

Discussion: MediaBrief, PRWeek, Adweek, campaignlive.com, The Drum, MarketScreener and PR Week UK

Erik Wemple / New York Times:

In NYT v. DOD, the Pentagon argued that a box on WaPo's website asking for tips about the military crossed the line into “solicitation” not protected by 1A — When lawyers for The New York Times and the Pentagon gathered in a federal courthouse last week to debate the department's …

Discussion: Media Nation and @jameeljaffer.bsky.social

Michael Savage / The Guardian:

Sources: Matt Brittin, who formerly led Google in Europe, the Middle East, and Africa for a decade, is close to being named director general of the BBC — Appointment of Matt Brittin as director general would be latest sign of big tech's power in media world

Discussion: Funding the Future, Telegraph and @iucounu.bsky.social

Arushi Jacob / Variety:

UCLA's Hollywood Diversity Report finds that films with casts that are 41%-50% BIPOC achieved the highest median global and domestic box office receipts in 2025 — Increasingly diverse audiences across the United States also prefer diverse content in theatrical film releases …

Discussion: @stevensantos.bsky.social, Myles Worthington on LinkedIn, @thehorrorguru.bsky.social, @blackamazon.bsky.social, @nelsoncarvajal.com, Forbes, Los Angeles Times and Social Sciences

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Anthony D'Alessandro / Deadline:
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Payton Turkeltaub / Variety:
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Nicole Meir / The Associated Press:
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Todd Spangler / Variety:
TikTok plans to launch TikTok Radio, a live audio channel that blends creator content and music, on March 13 on the iHeartRadio app and on 28 US stations

Discussion: MediaPost, Kyle Blank on LinkedIn, The Wrap, Mashable, Michael Biondo on LinkedIn, Jon Kurland on LinkedIn, Inside Radio, Radio Ink, Barrett Media, Radio World and Radio & Television …

Scott Roxborough / The Hollywood Reporter:
RTL reports 2025 revenue down 3.8% YoY to €6.02B, adjusted EBITDA of €661M, paying streaming subscribers up 19% to 8.1M, and streaming revenue up 26% to €509M

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Brooks Barnes / New York Times:
Universal says it is shifting to five weekends of exclusive theatrical runs, up from three, and will move to a minimum of seven weekends in January 2027

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Inter American Press Association: press freedom in the Americas suffered a “dramatic deterioration” in 2025; the US has “restrictions” on freedom of speech

Lucas Manfredi / The Wrap:
PitchBook: VC dealmaking in the media sector fell 69% YoY to $165M across 47 deals in the first two months of 2026, as investors take an “AI-first” approach

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From Techmeme:

Lorenzo Franceschi-Bicchierai / TechCrunch:
Cybersecurity researchers complain that Claude Fable's guardrails are too strict, rejecting “innocuous tasks” like reading blog posts or performing code reviews

Jason Schreier / Bloomberg:
Sources: Microsoft's Xbox division is planning major layoffs next month and significant budget cuts for marketing and some other areas

Dario Amodei:
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