Top News:
Financial Times:
Hedge fund manager Crispin Odey drops his £79M libel lawsuit against the Financial Times, after FT said 15 women were willing to testify in court against him — The FT had said 15 women were willing to testify in court against former hedge fund boss — Crispin Odey has dropped …
William Bishop / Pew Research Center:
Survey: 64% of US adults read a print book in the past year, down from 72% in 2011; 31% read an e-book, vs. 17% in 2011, while 26% have listened to an audiobook — Digital books have grown in popularity over the past decade, but more Americans still read books in print than in digital formats.
Kelcee Griffis / Bloomberg:
Sources: Nexstar has begun directing stations to fill local newscasts with segments from Nexstar's NewsNation instead of national networks' content like NBC's — Nexstar Media Group Inc., the largest owner of local television stations in the US, has embarked on a sweeping effort to limit …
Discussion:
Cord Cutters News and Reuters
Terrence O'Brien / The Verge:
Google says Polymarket bets “briefly appeared in Google News in error”, after the bets appeared alongside news articles in the “For You” section — Links to bets on world events were appearing alongside legitimate news organizations.
Discussion:
@barbararybolt.bsky.social, Engadget, The Guardian, Wall Street Journal, Futurism and New Republic, more at Techmeme »
Charlie Warzel / The Atlantic:
Q&A with NYT reporter Tiffany Hsu about AI-generated online influencers, how the volume of synthetic content produces exhaustion for users, and more — AI avatars are redefining influence and trust online. — On this week's Galaxy Brain episode, Charlie Warzel is joined …
Oli Coleman / Page Six:
Source: The Athletic is investigating reporter Dianna Russini's explanation about photos of her with NFL coach Mike Vrabel and “reviewing her coverage” — The New York Times has sidelined top NFL reporter Dianna Russini after Page Six published photographs that appeared to show …
Yeganeh Torbati / New York Times:
The challenges and advantages of covering Iran from abroad amid an internet blockade: being outside allows accountability reporting without fear of retribution — Despite heavy restrictions on journalists and an internet blockade, Yeganeh Torbati has been able to reach people during fleeting windows of connectivity.
Discussion:
FAIR and @rmac.bsky.social
Jeffrey A. Trachtenberg / Wall Street Journal:
A look at Ohio-based media company Block Communications, now a divided family business, which has decided to cease publishing the Pittsburgh Post-Gazette in May — The twin heirs to the Pittsburgh Post-Gazette and Toledo Blade are estranged as their industry transforms
Discussion:
@wsjbusiness, @cgcalnan and Melissa Korn on LinkedIn
Wall Street Journal:
Mubi, which raised $100M led by Sequoia in 2025, faced backlash over Sequoia's ties to Israeli defense tech startups, but has since rebuilt subscriber numbers — After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin
Discussion:
@madhavchanchani, @paulsrai, ScreenRant, Us Weekly, Collider, @benfritz, TVLine, Animation Magazine, IndieWire, How-To Geek, The A.V. Club and Mirror
Nellie Andreeva / Deadline:
Memo: George Cheeks says Nickelodeon Animation Studios will operate as a label within CBS Studios, similar to BET Studios, consolidating TV production units — The integration of CBS and Paramount cable assets under George Cheeks, Chair of TV Media, continues.
Discussion:
Media Play News, @rwmead.bsky.social, Animation Magazine, The Hollywood Reporter, The Wrap and Variety
Matthew Belloni / Puck:
Sources: Disney has retained high-profile litigator Charles Harder to challenge an upcoming unauthorized biography of Bob Iger, by WSJ reporter Robbie Whelan — For a supposed press champion, the former Disney C.E.O. has thin skin. And with the looming publication of an unauthorized biography …
Discussion:
Inside the Magic, Simon Owens's Media Newsletter and @mattbelloni.bsky.social
Etan Vlessing / The Hollywood Reporter:
Colette Watson, president of Canadian cable TV company Rogers Sports & Media, plans to retire in mid-May after 35 years with the company — Colette Watson took the top job in 2022 as the Canadian TV giant expanded into the streaming and digital entertainment spaces.
Discussion:
Sports Business Journal
