Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
12:35 PM ET, February 7, 2025

Mediagazer

 Top News: 
Axios:
Email: the White House orders the GSA to terminate “every single media contract” expensed by the agency and all contracts for Politico, BBC, E&E, and Bloomberg  —  - The discovery, made through a U.S. government spending database that has long been publicly available …
RELATED:
Politico:
Politico's EIC and CEO say the company has never received any government funding, and agencies that subscribe to Politico Pro do so through standard processes  —  POLITICO has been the subject of debate on X this week.  Some of it has been misinformed, and some of it has been flat-out false.
Isabella Kwai / New York Times:
Trump amplifies a conspiracy theory that “billions” in USAID and other agencies' funds were stolen to pay Politico and others for positive coverage of Democrats
Martyn Ziegler / The Times:
Sources: Netflix is expected to bid for the US broadcast rights to Formula 1 starting from the 2026 season; ESPN currently holds the rights under a $90M deal  —  Streaming platform looking to capitalise on success of Drive to Survive series in America with their first attempt to secure season-long mainstream sports rights
Jason Schreier / Bloomberg:
WBD took $300M in gaming writedowns in 2024; current and former staff blame a lack of a strong, cohesive vision during former games chief David Haddad's tenure  —  Last year, Warner Bros. Discovery took $300 million in losses on gaming.  The near future is rife with additional challenges.
Ben Beaumont-Thomas / The Guardian:
Netflix will not release a nine-hour documentary about Prince after the company and the artist's estate came to a “mutual agreement”  —  Nine-hour film will not be seen, after ‘mutual agreement’ between estate and Netflix, with estate announcing plans for its own film
Lara O'Reilly / Business Insider:
X partners with adtech company Magnite to boost programmatic ad sales; Magnite joins Google and PubMatic as official third-party sellers of X's ad inventory  —  - Elon Musk's X is working with the adtech company Magnite to boost programmatic ad sales.  — Magnite is a large supply-side platform …
Hearst:
Hearst is rolling out AURA, its first-party ad targeting tool, to the UK, Italy, the Netherlands, and Spain, after a US launch eight months ago  —  The announcement was made by Hearst Magazines President Debi Chirichella and Global Chief Revenue Officer Lisa Ryan Howard.
Todd Spangler / Variety:
Amazon reports Q4 ad revenue up 18% YoY to $17.29B, vs. $17.4B est., and subscription services revenue up 10% YoY to $11.51B  —  Overall earnings for the period smashed Wall Street expectations.  —  However, the Q4 ad revenue figure fell short of analyst expectations of $17.4 billion, per StreetAccount.
Georg Szalai / The Hollywood Reporter:
Memo: ahead of its Skydance merger, Paramount Global pauses some major events in 2025, including MTV EMAs, to “reimagine and optimize” the events slate  —  “We look to reimagine and optimize our events slate going forward,” reads a staff memo obtained by THR.
Matthew Kassel / Jewish Insider:
Sources: CNN's contract to expand in Qatar includes Qatar compensating CNN several million dollars a year; CNN: editorial content is “entirely independent”  —  The financial arrangement raises concerns about the network's ability to report freely on the Gulf state and the region
David Folkenflik / NPR:
A look at Trump's assault on CBS, and more broadly, how he and allies seek to pressure the media to punish it and to inhibit its ability to check the president  —  The television news magazine 60 Minutes — the most storied and profitable show in the history of CBS News …
RELATED:
Brian Steinberg / Variety:
Trump calls on CBS to “terminate” 60 Minutes, and says “CBS should lose its license”, amid his $10B lawsuit against CBS over the Kamala Harris interview
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 12:35 PM ET, February 7, 2025.

View the current page or another snapshot:


 
 Who's Hiring in Media? 
 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Christopher Palmeri / Bloomberg:
A California state court issues a temporary restraining order stopping Sony from taking Jeopardy! and Wheel of Fortune distribution rights away from CBS
 Earlier Picks: 
Erik Hayden / The Hollywood Reporter:
Filing: Disney lowers its content spending estimate, including for sports rights, for FY 2025 by $1B to ~$23B; for FY 2024, Disney's content spend was $23.4B
 

 
From Techmeme:

Simon Willison / Simon Willison's Weblog:
DeepSeek releases MIT-licensed DeepSeek-V3-0324, the latest version of their enormous DeepSeek v3 model; the previous DeepSeek v3 version had a custom license

Chris Welch / The Verge:
Apple says the AirPods Max will get 24-bit, 48 kHz lossless audio, including Personalized Spatial Audio, and ultra‑low latency in April via a software update

Matthew Griffin / Bloomberg:
eToro files for an IPO, with plans to list on the Nasdaq, and reports 2024 revenue of $12.6B, about 96% of which was from cryptoassets, and net income of $192M

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page