This page hosts daily news stories about the media, social media, and journalism industry. Get the latest Hirings and Firings, Media Transactions, Controversies, and more.
Trump Targets CBS’s 60 Minutes, Calls for FCC Punishment
President Donald Trump lashed out at CBS’s 60 Minutes, criticizing the program as a “FAKE News Show” following coverage that included segments on Ukraine and Greenland. Trump accused the show of misrepresenting his past policies and reiterated claims that the Ukraine war wouldn’t have happened if he were still president. He also cited an ongoing lawsuit against CBS owner Paramount over alleged deceptive editing in a prior segment involving Vice President Kamala Harris. Trump urged the FCC to revoke CBS’s license and impose maximum fines, asserting the show acts as a political tool rather than journalism. Read More (Washington Examiner Rating)
Meta Heads to Court in Landmark FTC Antitrust Case
Meta Platforms is set to defend itself in a major antitrust lawsuit brought by the Federal Trade Commission, which seeks to force the divestiture of Instagram and WhatsApp. The FTC accuses Meta of maintaining a social networking monopoly through anti-competitive acquisitions. Meta argues it faces strong competition from TikTok, YouTube, and others, challenging the FTC’s market definition. This case is a significant test for Meta’s legal strategy and its unofficial ties to the Trump administration, which has yet to intervene despite the perceived alignment. The outcome could reshape the digital media landscape. Read More (Social Media Today Rating)
G/O Media CEO Defends Quartz Sale Amid Criticism Over Layoffs and AI Content
After the April 4 sale of Quartz to Canadian firm Redbrick, G/O Media CEO Jim Spanfeller defended the transaction and his company’s management of the brand, rejecting accusations of turning Quartz into a “zombie brand” filled with “AI slop.” Only two staff members were retained in the sale, prompting backlash from media critics and unions. Spanfeller claims Quartz was struggling when acquired and saw a major traffic increase under G/O Media. Critics, including Quartz co-founder Zach Seward, argue the quality of journalism deteriorated under private equity ownership. Redbrick plans to integrate Quartz with its newsletter platform Paved to monetize its subscriber base. Read More (Press Gazette Rating)
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