Top News:
Ethan Gach / Kotaku:
Polygon staff, including co-founder and EIC Chris Plante, say the video games publication has laid them off, after Vox Media sold Polygon to publisher Valnet — One of the biggest gaming sites around was just blown up — The video game website Polygon has been sold to click-farm powerhouse Valnet …
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Dade Hayes / Deadline:
Roku acquires Frndly TV, a provider of low-cost TV bundles delivered via streaming, for $185M, which includes $75M in performance-based holdbacks — Roku is paying $185 million to acquire Frndly TV, a provider of low-cost TV bundles delivered via streaming.
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Todd Spangler / Variety:
Roku reports Q1 revenue up 16% YoY to $1.02B vs. $1.01B est., a net loss of $27.4M, compared to $50.9M a year ago; ROKU drops 5%+ after hours — Roku turned in first-quarter 2025 earnings that edged over Wall Street forecasts and announced a $185 million deal to buy Frndly TV …
Discussion:
The Desk, The Wrap, Reuters, The Streamable, Benzinga, Streaming Better and Roku, more at Techmeme »
Todd Spangler / Variety:
Apple reports Q2 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $26.65B, a new record but below $26.7B est. — The company overall topped Wall Street estimates for the quarter as investors awaited word on how President Trump's tariffs might hurt its business.
Discussion:
The Desk, TechCrunch, New York Times, Quartz, The Verge, Media Play News, iPhone in Canada Blog, The Hollywood Reporter and 9to5Mac, more at Techmeme »
Beatrice Verhoeven / The Hollywood Reporter:
The 60 Minutes interview with Kamala Harris that is at the center of the Trump lawsuit gets an Emmy nomination in the Outstanding Edited Interview category — The winners will be announced in two ceremonies on June 25 and June 26. — The National Academy of Television Arts (NATAS) …
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Dylan Byers / Puck:
Sources: Shari Redstone asked CBS CEO if it would be possible to delay sensitive 60 Minutes stories about Trump until after the Skydance deal is closed — Amid Trump's legal torture of CBS, Shari Redstone has played the role of a spineless placater—a desperate seller eager to settle and liquidate her position in the family heirloom.
Aisha Counts / Bloomberg:
LinkedIn says it will share ad revenue with creators for the first time, starting with 30 B2B creators, and says users now watch 36% more videos than a year ago — - Networking site to share ad sales with 30 content creators — LinkedIn users watch 36% more video content than a year ago
Todd Spangler / Variety:
Ari Emanuel acquires Frieze, an art events and media company, from Endeavor, and will make Frieze a part of his unnamed global events and experiences company — Ari Emanuel has acquired Frieze from Endeavor Group Holdings, the company where he until last month headed as CEO and now serves as executive chairman.
Discussion:
The Wrap, Observer, New York Times, The Hollywood Reporter, ArtReview, The Art Newspaper, Artforum, ARTnews, Los Angeles Times, Financial Times, Bloomberg and Deadline
Alex Weprin / The Hollywood Reporter:
Peacock plans to debut on May 19 four new original series developed by digital creators who participated in an NBCUniversal accelerator program — The creators, who were all part of an NBCUniversal accelerator program, will launch ‘The Warehouse Phase,’ ‘The Kouncil,’ ‘Older Hotter Wiser,’ and ‘People Like Me’ on Peacock May 19.
Discussion:
TechCrunch
Washington Post:
Filing: Smartmatic says Fox News' “pivot” to amplify 2020 election fraud claims came after backlash from Trump and supporters for calling Arizona for Biden — In a new legal filing, the election technology company says backlash from Trump and supporters spurred false accusations …
Discussion:
The Wrap, @patrickdmarley, @farhip, Law & Crime, @scottnover.bsky.social, Raw Story, The Desk, Los Angeles Times, New York Post and Washington Examiner
James Manso / WWD:
Gallery Media Group acquires fashion and beauty outlet Coveteur, which was closed in 2024, and names Faith Xue, who joins from Bustle Digital Group, as the EIC — It marks the media company's first foray into luxury publishing. — Gallery Media Group, the digital media company behind PureWow …
Jonathan Vanian / CNBC:
Amazon reports Q1 ad revenue up 18% YoY to $13.92B, vs. $13.74B est., and subscription services revenue up 9% YoY to $11.72B — Amazon reported a 19% increase in online ad revenue in the first quarter, beating analyst estimates. — Ad sales climbed to $13.92 billion …
Discussion:
The Wrap, Quartz and Bloomberg, more at Techmeme »
Jennifer Maas / Variety:
NYT Games launches multi-game leaderboard and says first 100 users will be able to add select celebrities to their leaderboards to compare game scores — The New York Times Games app debuted a new leaderboard feature last month that allows users to check their performance against friends.
Discussion:
@dannygroner.bsky.social, Just Jared and The New York Times Company
Joanna Partridge / The Guardian:
The UK's Standard reported a loss of £19.6M in the year to 29 September 2024, the period before it became a weekly; it has lost £125M over the past eight years — Following a rebrand and move to digital-first the total losses over eight years rise to nearly £125m
Discussion:
@pressgazette and Press Gazette
Thomson Reuters:
Thomson Reuters reports Reuters News Q1 revenue down 7% YoY to $196M and adjusted EBITDA down 34% YoY to $39M — TORONTO, May 1, 2025 - Thomson Reuters (TSX/Nasdaq: TRI) today reported results for the first quarter ended March 31, 2025: — Good revenue momentum continued in the first quarter
Discussion:
Globe and Mail, Benzinga, Reuters and Talking Biz News
Jonathan Vanian / CNBC:
Reddit reports Q1 revenue up 61% YoY to $392M, vs. $370M est., global daily active uniques up 31% to 108.1M, Q2 guidance above est.; RDDT jumps 15%+ after hours — Reddit reported first-quarter earnings Thursday that beat Wall Street expectations on sales and guidance.
Discussion:
The Information, Investor's Business Daily, Reuters and Sherwood News, more at Techmeme »
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