Media News Daily: Top Stories for 01/30/2025

This page hosts daily news stories related to the media and journalism industry. Check back often, as new stories may be added throughout the day.


Trump Settles Lawsuit With Meta, Secures $25 Million Payout

President Donald Trump has settled a lawsuit requiring Meta to pay approximately $25 million, most of which will fund his presidential library, according to multiple reports. The settlement follows Meta’s suspension of Trump’s Facebook and Instagram accounts after the January 6 Capitol riot, a move that lasted for about two years. The Wall Street Journal reports that $22 million will be allocated to the presidential library fund, with the remaining amount covering legal fees and individual plaintiffs. Trump’s accounts were reinstated in early 2023 but remained under stricter penalties. Meta CEO Mark Zuckerberg, who previously attended Trump’s inauguration and met with him at Mar-a-Lago post-election, has reportedly reestablished ties with the former president. (Read MoreAxios Rating)


Jewish Groups Exit X Over Hate Speech Concerns

More than a dozen Jewish organizations in the U.S. and Canada announced they will leave the social media platform X, citing a rise in hate speech following Elon Musk’s policy changes. The coalition of 15 groups criticized Musk for re-platforming conspiracy theorists and promoting antisemitic content, stating they will “transition away” from active engagement on X in early 2025. While some accounts will be maintained to prevent misuse, the groups emphasized their decision to avoid contributing to what they call a “coarsening of discourse.” The move follows backlash against Musk for allegedly making a Nazi-like gesture at President Trump’s recent inaugural event, which he denied. (Read MoreThe Hill Rating)


Appeals Court Dismisses Devin Nunes’ Defamation Lawsuit Against Esquire

The 8th Circuit Court of Appeals upheld the dismissal of former Congressman Devin Nunes’ $77 million defamation lawsuit against Esquire and its owner, Hearst. Nunes sued over a 2019 article by Ryan Lizza, which alleged that his family’s farm employed undocumented labor. The court ruled that neither Nunes nor his family’s company, NuStar Farms, provided sufficient evidence of reputational or economic damage. While Nunes claimed the article hurt his political career and fundraising, the court noted he was re-elected in 2018 and later became CEO of Trump Media & Technology Group with a $750,000 salary. NuStar also failed to demonstrate financial harm from the article. (Read MoreMediaPost Rating)


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