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6:35 AM ET, April 1, 2025

Mediagazer

 Top News: 
Bailey Lipschultz / Bloomberg:
Newsmax shares jumped as much as 667% in their NYSE debut after raising $75M in its IPO  —  The stock traded at $62.27 each at 12:07 p.m. in New York, in a debut that saw shares repeatedly halted for volatility.  The company raised $75 million in the offering, selling 7.5 million shares for $10 apiece.
Brian Steinberg / Variety:
NBC Sports hires Betsy Riley, an NBC Sports veteran who recently led some Amazon sports offerings, to oversee production of its primetime Olympics program  —  Looks like NBC's new pop-culture primetime Olympics show is becoming permanent.  —  NBC Sports said Monday that it had lured Betsy Riley …
Discussion: Associated Press
Neel Dhanesha / Nieman Lab:
ProPublica is using ads on a LED billboard truck to attract sources in the federal government as DOGE dismantles USAID and other agencies  —  “It's funny how you can know nothing about something like LED billboard trucks and then suddenly become an expert in them.”
Pew Research Center:
Survey: 36% of Americans say they hear a lot about Trump's relationship with the media, down from 72% in 2017; 71% follow Trump administration news closely  —  Far fewer are hearing about the administration's relationship with the media than was the case early in Trump's first term
Max Goldbart / Deadline:
The BBC says its content spend will fall by £150M to £2.5B in the next 12 months as it faces an “unprecedented content funding challenge”  —  The BBC faces an “unprecedented content funding challenge” in the year to come, the corporation's Annual Plan setting out priorities for the next 12 months has said.
RELATED:
Charlotte Tobitt / Press Gazette:   The BBC says it plans to open new talks with AI providers, invest in short-form platforms like TikTok, expand BBC Verify, and revamp news coverage on iPlayer
 
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 More News: 
Jessica Testa / New York Times:
TV news anchors exiled or extricated from their networks, like Joy Reid and Don Lemon, are finding success on Substack; Jim Acosta has 10K+ paid subscribers
Discussion: Newsbusters
Max Tani / Semafor:
An interview with California Governor Gavin Newsom on his new weekly podcast, backlash to his interviews with conservative figures, media strategies, and more
Nik Roseveare / Advanced Television:
Netflix makes Adolescence available to UK secondary schools via streamer Into Film+, following Prime Minister Keir Starmer's roundtable about the show
 Earlier Picks: 
J. Kim Murphy / Variety:
WBD's Max quietly launches a new logo with a monochrome color palette that evokes the longtime HBO branding, ditching its shiny blue UI
Karin Matussek / Bloomberg:
Nokia and Amazon settle a long-running, global patent dispute over Amazon using Nokia's video tech in Prime Video and its devices, without disclosing the terms
Benoit Berthelot / Bloomberg:
France's antitrust regulator fines Apple €150M after a lengthy investigation into how iOS asks to collect user data under ATT and the impact on advertisers
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI

 
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