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Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.
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Variety, Bloomberg, New York Times, Wall Street Journal, Deadline, Bloomberg, @mikeisaac and CNBC, more at Techmeme »
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Mark Zuckerberg says Threads has 350M MAUs, having added 30M in Q1 2025, compared to 20M in Q4 2024 — Instagram Threads, Meta's X competitor, has now grown to over 350 million monthly active users, CEO Mark Zuckerberg revealed during the company's Q1 2025 earnings call on Wednesday.

PBS CEO Paula Kerger says she is “hopeful” more Republicans will back the public broadcaster, and PBS would defend “vigorously” if someone went after its board — PBS CEO Paula Kerger said Wednesday she's “hopeful” more Republicans will back the the public broadcaster …
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Mediaite, Adweek, The Hill, Daily Kos, Washington Post, RADIO ONLINE, NOTUS, PBS NewsHour, Reuters and Daily Caller News Foundation
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A look at all the ways Trump targeted media in his first 100 days, including banning AP from White House events, FCC investigations, and defunding USAGM — News that Attorney General Pam Bondi is resuming the practice of trying to seize reporters' phone records to smoke out leakers is the latest …
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@adamsteinbaugh, @benmullin, The Hill, @samstein, Poynter, Inside Radio, @laurenmeidasa.bsky.social, Radio Ink, New York Daily News, CNN, Forbes and UPI

Trump falsely claims CBS and 60 Minutes admitted to the “crime” of deceptively editing a Harris interview, says he'll sue NYT for calling his CBS suit baseless — President's comments come as his lawyers and Paramount Global's legal team are reportedly set to begin mediation in his $20 billion lawsuit
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Mediaite, Axios, Newsday, Deadline, The Wrap, @nataliekorach, RedState, Townhall, The Hill, @mariopro.bsky.social, Media Play News and The Gateway Pundit
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New York Times:
Sources: the Paramount board has outlined acceptable financial terms for a potential settlement with President Trump ahead of mediation, set to begin April 30
Sources: the Paramount board has outlined acceptable financial terms for a potential settlement with President Trump ahead of mediation, set to begin April 30
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Wall Street Journal, Puck, Talking Points Memo, Cord Cutters News, Financial Times, CNN, @grynbaum, @davidenrich.bsky.social, Front Office Sports, Forbes, Raw Story, New Republic, The Hill, Mediaite, Techdirt, @amykristinsanders.bsky.social, @scottnover, Ars Technica, HotAir, The Washington Free Beacon, @karlbode.com, Fox News, @dylanbyers, @grynbaum, Politico, The Contrarian, @benmullin, Variety, Los Angeles Times, @jameeljaffer.bsky.social and @jonathancohn.bsky.social

Google introduces channel-level reporting in Performance Max, providing ad campaign metrics broken down by ad format and what Google property it runs on — Advertisers can see how how campaigns perform across Search, YouTube, Gmail, and others — Google is cracking open the black box …
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Search Engine Land, MediaPost, Search Engine Journal, Business Insider and The Keyword, more at Techmeme »

The GOP used legal threats to take down billboard ads bought by Democrats in March, a blatant SLAPP demand and potentially a 1A violation — The “Party of Free Speech” is at it again. House Speaker Mike Johnson just bragged about using legal threats to remove his opponents' political advertising …
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Punchbowl News

WaPo has banned its media writers from reporting stories about the paper and reportedly lost ~325K subscribers after the Harris non-endorsement — After a brutal year of headlines about The Washington Post, Executive Editor Matt Murray sounded almost relieved to be talking about journalism.

A Turkish court hands Swedish journalist Joakim Medin an 11-month suspended sentence for insulting the president, but he remains in jail on terrorism charges — Joakim Medin given suspended sentence over photos on his articles, but remains in jail awaiting trial on terror charge
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Reporters Without Borders, Agence France-Presse, Associated Press and European Federation …

Christiane Amanpour joins UK audio company Global to launch original podcasts; she will continue in her role as CNN's chief international anchor — Christiane Amanpour, the respected CNN anchor, is joining UK audio company Global to launch a number of original podcasts.
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Global and The Guardian

Sinclair names Jeff Blackburn, formerly SVP of global media and entertainment at Amazon, as CEO and chairman of the Tennis Channel — Save this article for later! Login or create a Free Member Profile to bookmark it. — Sinclair taps the former Amazon executive to lead the sports network.

Stagwell, a publicly-traded ad holding group, plans to host a new NewsFronts event on October 16 to highlight ad opportunities around news content — Stagwell, a publicly-traded ad holding group, will host a new “NewsFronts” event this fall that will highlight advertising opportunities around news content …
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Deadline and @sarafischer