Top News:


Memo: MLB and ESPN mutually agree to end their national television deal after the 2025 season; ESPN was due to pay MLB around $550M/year in 2026, 2027, and 2028 — Major League Baseball and ESPN have “mutually agreed” to end their national television deal after the upcoming 2025 season …
Discussion:
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If X threatened an ad group with US government interference, we've hit a high level of coercion, and conservatives who complained of Big Tech bias should object — - Elon Musk's X — the thing we used to call Twitter — lost lots of advertisers after he bought it.


Amazon MGM Studios, Michael G. Wilson, and Barbara Broccoli form a JV to house James Bond IP rights, under which Amazon gains creative control of the franchise — In news that will send shock waves through the industry, longtime James Bond producers Michael G. Wilson and Barbara Broccoli …
Discussion:
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Senator Warren urges the US DOJ to scrutinize Disney's deal to acquire a controlling stake in Fubo and merge it with Hulu + Live TV, citing antitrust concerns — Sen. Elizabeth Warren has urged the Justice Department to carefully scrutinize Disney's deal to acquire a controlling stake in Fubo …
Discussion:
Awful Announcing, The Desk, Reuters, Business Insider, Benzinga, Light Reading, Deadline, Media Play News, The Wrap and Yahoo Finance


Memo: AP is launching its Local Investigative Reporting Program, to be led by Ron Nixon, to support US state and local newsrooms in investigative reporting — In a memo to staff Thursday, Executive Editor Julie Pace announced AP will launch a Local Investigative Reporting Program led by Ron Nixon:
Discussion:
@rebuildlocalnews.bsky.social, @sdkstl.bsky.social, Ron Nixon on LinkedIn and TVNewsCheck


YouTube plans to add a “premium lite” tier, a source says for the US, Australia, Germany, and Thailand, offering podcasts without ads and music videos with ads — - The service will continue to put ads in music videos — The tier will launch in areas that include the US, Australia
Discussion:
Adweek, The Information, Cord Cutters News, 9to5Google, The Desk and The Verge, more at Techmeme »


Bloomberg News promotes Mark Gurman to managing editor for global consumer tech and adds senior editor Dana Wollman and two others to his team — Tom Giles, senior executive editor of global technology coverage at Bloomberg News, sent out the following on Thursday:
Discussion:
@markgurman and @markgurman


Former Merit TV employees detail struggles at Dr. Phil McGraw's streaming service, including multiple rounds of layoffs, staff discontent, and low ratings — Merit TV has entered a crowded field of news networks. Can it find its audience? — Phil McGraw strolled onstage and waved at the cheering crowd.
Discussion:
The Desk, @thedesk.net, RADAR and TVNewsCheck


A NY court tells Nexstar to pay DirecTV $26.6M in a case over retransmission fees; a court earlier said Nexstar wrongly received $10.5M in fees in the same case — A New York court on Thursday awarded satellite and streaming television provider DirecTV nearly $27 million in a civil case brought …
Discussion:
TVNewsCheck and Cord Cutters News


National Association of Broadcasters CEO Curtis LeGeyt calls for the FCC to end ownership caps that prevent TV and radio conglomerates from growing larger — The chief executive of the commercial broadcasting industry's largest lobbying group has called on federal regulators to eliminate national …
Discussion:
@kv417.bsky.social, TV Tech, Inside Radio, Barrett Media, RADIO ONLINE and Radio & Television …


A look at London news startups, including Jim Waterson's London Centric, that launched since the Evening Standard's daily print edition closure in summer 2024 — Two upmarket London news start-ups are finding a growing (albeit small so far) market for paid online news about the UK capital.
Discussion:
Alexander Smith on LinkedIn, LinkedIn and @pressgazette


Elon Musk says he will “fix” Community Notes as they are “increasingly being gamed by governments & legacy media”, after disagreeing with notes about Ukraine — The billionaire has a history of manipulating X to fit his far-right worldview.
Discussion:
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Gallery Media Group says it made $50M in 2024 revenue from its women's media title PureWow and 50+ social-only brands on TikTok, Instagram, and YouTube Shorts — The chief revenue officer of profitable US publisher Gallery Media Group believes it has found the difference between publishers merely being …
Discussion:
Simon Owens's Media Newsletter


Substack adds the ability to post videos from its app and lets creators monetize videos, and plans to add more video tools like trimming and enhanced analytics — As TikTok's future in the U.S. remains uncertain, Substack tries to lure creators to its platform by doubling down on video.
Discussion:
TVNewsCheck and On Substack, more at Techmeme »