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Meta plans to launch a California-focused PAC that will benefit state-level candidates who are in favor of lighter regulation of technology, especially artificial intelligence. Mobilizing Economic Transformation Across (Meta) California will work with candidates, regardless of their political party, who “advocate AI innovation over stringent rules,” the company said. Meta vice president of public policy Brian Rice will head the PAC alongside public policy VP Greg Maurer as principal officers, according to a company spokesperson. California’s government has aggressively pursued consumer protection regulations that Meta says could impact tech companies' products. "Sacramento's regulatory environment could stifle innovation, block AI progress, and put California's technology leadership at risk," said Rice.
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The Chicago Reader, an alternative newspaper that has been in operation since 1971, is acquired by Noisy Creek, a media company that includes The Stranger in Seattle and the Portland Mercury in Portland, OR. As part of the acquisition, the paper is introducing Noisy Creek’s event discovery platform, EverOut, as well as entertainment ticketing service Bold Type Tickets. In January, non-profit organization Reader Institute for Community Journalism, which has owned the paper since 2022, announced a round of layoffs due to "a combination of financial losses, operational challenges, and external pressures [that] has brought the Reader to an imminent risk of closure." At that point the Reader was forced to turn to its readers for support. “By diversifying our revenue sources, we will create the foundation for us to thrive in the long-term,” according to a post on the Reader web site.
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YouTube’s ‘Hype’ feature, which is meant to raise the visibility of videos from creators with fewer than 500,000 subscribers, launches globally. The feature, which was launched as a test in Brazil, Taiwan and Turkey last September, is now available in 39 countries including the US, UK, India, Japan and South Korea. It lets viewers choose up to three videos to “hype” per week. When a video is hyped, it receives points. The videos that get the most points wind up on a new ranked leaderboard that is part of YouTube’s Explore menu. To give smaller creators more of a boost, those with fewer subscribers, get a bigger bonus, which according to the YouTube official blog, gives “the most authentic emerging creators a better opportunity to get noticed.”




CBS News Radio will go off the air on May 22, part of the axe-swinging managerial plan put into play by CBS editor-in-chief Bari Weiss... The Economist, which was first published in 1843, is changing hands. Canadian billionaire Stephen Smith has agreed to acquire a 26.9 percent stake in the publication from Lady Lynn Forester de Rothschild, her family and family foundation... Nexstar Media Group says it has closed its acquisition of TEGNA, the broadcast, digital media and marketing services company that was formed in 2015, when the Gannett Company split into two publicly traded companies.
USA TODAY brings on Jamie Stockwell as VP of news, effective March 30. Stockwell was most recently deputy managing editor of news for the Washington Post... YouTube expands its likeness detection capabilities to a pilot group of government officials, journalists and political candidates... The AP Fund for Journalism adds 50 news organizations to its local news program, bringing the total number of participating newsrooms to 100.
Versant Media Group, the NBCUniversal cable TV spin-off, today reported its first financial results as 2025 revenues dipped 5.3 percent to $6.7B and standalone EBITDA dropped 9.1 percent to $2.2B.
Trump Media & Technology Group is discussing a spin-off of the Truth Social platform following the expected closing of its $6B merger deal with TAE Technologies... Condé Nast sells off Them, the digital LGBTQ-focused platform it launched in 2017, to Equalpride, publisher of Out, The Advocate, Out Traveler, Health PLUS Wellness and Pride.com... CBS News has parted ways with longevity influencer Peter Attia, one of the 19 contributors that editor-in-chief Bari Weiss brought on as part of her plan to present a wider variety of voices on the platform.
Symbolic.ai forms a partnership with News Corp to begin using the company’s AI-native publisher platform in the newsrooms of News Corp publications to augment research, writing and publishing... Mediaite launches a newsletter that promises to give readers a summary of—media newsletters... The Fund for American Studies launches the Journalism Excellence Fellowship, a program that will provide promising young journalists the opportunity to work alongside top writers, reporters, and media professionals.



