Top News:
Wayne Ma / The Information:
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; source: Apple has spent $5B+ per year on content since its 2019 debut — Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
Discussion:
TechCrunch, SlashFilm, Variety, Deadline, TVNewsCheck, The Streamable, IndieWire, Reuters, The Verge, BGR, Decider, @royprice, The Times, Yahoo Finance, Quartz, @mazzeo, 9to5Mac, @antennadata, The Wrap, @tvgrimreaper, @lauridonahue.bsky.social, Consequence, @merrillbarr.com, @samadams.bsky.social, @radiobeartime.com, @stevensenior.bsky.social, AppleInsider, @tvgrimreaper, @trungtphan, Christian Grece on LinkedIn, @tim_bays, MacRumors, @davidclinchnews, @tylerh.social, @great_katzby, @alexweprin, Cord Cutters News, @loudmouthjulia and @tvgrimreaper, more at Techmeme »
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Hannah Miller / Bloomberg:
Antenna: Apple TV+ gained ~3M subscribers in January, when Severance Season 2 came out, up 8% from December and more than any other streamer except Paramount+ — The show about the fictional Lumon Industries has become a cultural phenomenon. Will that translate into lasting subscriber growth?
Discussion:
The Wrap, Business Insider, @loudmouthjulia, @tvgrimreaper and Just Jared
New York Times:
Sources: former WaPo executive editor Leonard Downie and ex-managing editor Bob Kaiser emailed Jeff Bezos in February, urging him to cut ties with Will Lewis — An emailed message underscores a divide between the chief executive, Will Lewis, and the people who helped build The Post into a force in American journalism.
David Shepardson / Reuters:
Conservative advocacy groups ask the FCC to end its CBS probe, as “adverse ruling against CBS would constitute regulatory overreach” and set dangerous precedent — Conservative advocacy groups on Thursday asked the Federal Communications Commission to reject a news distortion complaint …
Discussion:
Variety
Oliver Darcy / Status:
Sources: Axel Springer board member Martin Varsavsky criticizing Politico's Gaza coverage did not sit well with many of its journalists, who he called “woke” — An Axel Springer board member attacked POLITICO and its “woke” reporters, igniting internal backlash and spotlighting …
Reuters:
X sues Narendra Modi's government in New Delhi, saying its IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content — India's IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content and empowered …
Discussion:
Austin Business Journal, TechCrunch, Social Media Today, The Gateway Pundit, The Economic Times, Press Trust of India, NDTV, @michaelbishop.me, The Straits Times, @tarzan1946.bsky.social, @palle.bsky.social, India Today, Moneycontrol, Reclaim The Net, Bloomberg and Rick Wilson's Intel …, more at Techmeme »
Brian Steinberg / Variety:
MoffettNathanson: WBD is projected to lose $1.1B in TV advertising in 2026, largely due to the absence of the NBA on its networks for the first time since 1989 — One of the biggest dramas on TV isn't expected to launch formally until later in 2025, but it's already playing out off camera …
Steven J. Horowitz / Variety:
US prosecutors charge former Eminem employee Joseph Strange with allegedly stealing and selling unreleased Eminem music that leaked online in January 2025 — A man has been charged with stealing and selling unreleased Eminem music that leaked to the web earlier this year.
Harrison Smith / Washington Post:
Jeffrey Klein, who co-founded Mother Jones in 1976 and served as its editor-in-chief from 1992 to 1998, died on March 13 at age 77 — He helped launch the muckraking magazine in 1976, steered it into the digital age and oversaw coverage of political corruption and corporate malfeasance. — Just now
Discussion:
New York Times, @ericalterman.bsky.social and @davidcorndc
Reuters:
Sources: Axel Springer is considering a sale of its affiliate marketing unit Awin, which could be worth ~$436M — German media group Axel Springer is considering a sale of its affiliate marketing unit Awin, according to three people familiar with the matter, following the planned break-up its owners agreed last year.
Discussion:
MediaPost
Matthew Keys / The Desk:
Source: The Washington Post shut down its FAST channel earlier in March, after originally launching it on Amazon's free streaming platform Freevee in May 2023 — The Washington Post has thrown in the towel on its streaming television aspirations. — The newspaper shut down its free …
Discussion:
MediaPost, @webbarr and TVNewsCheck
Todd Spangler / Variety:
Disney shareholders overwhelmingly reject a proposal for Disney to cease participation in the Human Rights Campaign's annual LGBTQ Corporate Equality Index — Disney investors on Thursday voted down a proposal that the entertainment giant cease its participation in a prominent LGBTQ rights organization's equality ratings program.
Discussion:
The Wrap, Reuters, Business Insider, Fox Business, Quartz, Deadline, @internethippo.bsky.social, The Hollywood Reporter and @desert_starr_57
Kyle Pfannenstiel / Idaho Capital Sun:
The Idaho House and Senate pass a bill that protects journalists from being compelled to disclose their confidential sources; the bill now heads to the governor — Both chambers of the Idaho Legislature — on unanimous, bipartisan votes — passed a bill that would create …
Discussion:
KIFI-TV, Salt Lake Tribune, Fortune, @newswithkait, Melissa Davlin on LinkedIn and @freedomofpress
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