Variety
AMC Global Media, formerly AMC Networks, posted Q1 streaming sales of $174 million, an 11% increase YoY, Variety reports. However, paid subscriptions fell by 1% YoY to 10.1 million. U.S. ad sales declined by 5% to $113 million, and content licensing sales by 2% to $53 million. The company has also reported a $4 million restructuring charge.
The Hollywood Reporter
New York remains an unrivaled media stronghold, The Hollywood Reporter writes in presenting its roster of “The 50 Most Power People in New York Media.” The city is populated by “more stars than ever before.” But A.G. Sulzberger, chairman of the New York Times Co., offered this caveat: “The internet is overflowing with aggregators and commentators, but there are fewer people doing actual original reporting than ever before.”
Deadline.com
More than 4,700 cinema professionals have signed an open letter calling on the European Union to “future proof” its MEDIA program, which has supported thousands of films during its 35 years, Deadline reports. They are concerned that a proposed mega-program, AgoraEU, will bring spending for culture, media and civil society under one group. Those expressing concern include Juliette Binoche, Francis Ford Coppola Joachim Trier, Ruben Östlund, Stellan Skarsgård, Sandra Hüller and Vicky Krieps.
Brendan Kinney, a veteran of more than 15 years in leadership roles in Vermont public media, has been named as chief executive officer of the Vermont Journalism Trust, publisher of VTDigger, a nonprofit news organization, VTDigger reports. Kinney currently serves as the chief executive of Vermont Public, the public television and radio broadcaster. He will have authority over the business and operations of VTDigger.
Nonprofit Quarterly
Corporate broadcast networks aired just eight hours of climate coverage throughout the entire year of 2025 -- a 35% decline from the prior year, according to an analysis by Media Matters for America, Nonprofit Quarterly reports. This occurred as climate disasters intensified across the United States and federal climate policy was rolled back.
Reuters
Meta Platforms has asked a Los Angeles judge to throw out a $4.2 million addiction verdict reached against it in March and to order a new trial, Reuters reports. The jury found Meta and YouTube parent Google were negligent in designing their platforms, and that they failed to warn users about the dangers. Google was hit with $1.8 million in damages.
Deadline.com
Kismet Media has formed a partnership with Wheelhouse as it prepares to launch the reality series Calabasas Confidential, Deadline reports. The arrangement will combine Kismet’s producing and casing expertise with Wheelhouse’s production, investment and brand-building strengths.
Stock Titan
Gray Media has closed its $80 million acquisition of Block Communications, Stock Titan reports. The previously announced deal brings television stations in Louisville, Kentucky, Springfield-Decatur, Illinois and Lima, Ohio. Gray claims to reach 37% of television households in the United States.
Nielsen
Sports teams advertising in today’s three-pillared television scene should take a holistic approach where linear TV, free ad-supported TV (FAST), and other ad-supported streaming (Non-FAST AVOD) are seen as a single, scalable ecosystem. Nielsen states in a new guide. The guide explores the gap between the ways diverse audiences consume media and where many brands allocate ad spend and how to close it.
Calo News
A new bill in California would require state agencies to commit 40% of their annual advertising and marketing budgets to ethnic and community media outlets, Calo News reports. Authored by State Senator Susan Rubio (D – Los Angeles),
SB 1358 would move California away from a top-down, volume-driven planning model that prioritizes audience reach to an approach that embraces hyperlocal, in-language media. This follows a 2024 bill signed by Governor Newsom that calls for state agencies to emphasizes ethnic and community media outlets, but does not specify a percentage. California is home to 1,270 distinct ethnic groups.