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10:40 AM ET, May 20, 2025

Mediagazer

 Top News: 
Alex Sherman / CNBC:
Sources: Paramount Global co-CEO George Cheeks had a discussion with CBS News CEO Wendy McMahon on Saturday and asked for her resignation  —  CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between …
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Michael M. Grynbaum / New York Times:
Memo: CBS News President and CEO Wendy McMahon is stepping down from the network, saying “it's become clear the company and I do not agree on the path forward”  —  Wendy McMahon, the president of CBS News and Stations, had allied herself with Bill Owens, the “60 Minutes” executive producer who recently resigned.
Jake Tapper / @jaketapper:
Source: Paramount could settle with President Trump for as much as $30M to $50M  —  A source close to negotiations tells me Paramount/CBS could settle with President Trump for as much as $30-50 million
Discussion: New York Times
Brian Steinberg / Variety:   Sources: CBS News is considering new changes to the Evening News as Wendy McMahon exits and the program falls further behind its rival programs at ABC and NBC
Jake Kanter / Deadline:
ITV tells staff it plans to cut 220 jobs in a major daytime overhaul, which includes scaling back shows and moving Good Morning Britain to ITV News producer ITN  —  ITV will make more than 220 redundancies under the sweeping changes, but it has promised to reinvest all savings …
Hannah Miller / Bloomberg:
Chuck Todd plans to launch Sunday Night With Chuck Todd with media startup Noosphere on June 1, featuring interviews at restaurants and bars in Washington, DC  —  Chuck Todd, the former moderator of NBC's weekly news program Meet the Press, is launching a new app-based show with media startup Noosphere.
Discussion: Noosphere on YouTube
Mark Sweney / The Guardian:
A look at Sky, seven years after Comcast's £31B acquisition, as the US media giant writes down Sky's valuation by 25% amid job cuts and losing exclusive shows  —  Since Comcast takeover, broadcaster has slashed jobs and is losing the exclusive shows that drew subscribers
Discussion: @mediaevan and Mirror
Ayushi Kar / The Reporters' Collective:
How Indian news agency ANI is using YouTube's copyright policy in India to demand high licensing fees and shut down YouTubers, including those critical of Modi  —  The news agency is using a chink in YouTube's copyright policy in India to shut down news content producers if they dont cough …
Emma Roth / The Verge:
Spotify says Apple approved an update to let users in the US buy individual audiobooks from its iOS app and see audiobook prices, after the Epic v. Apple ruling  —  You'll see a ‘Buy’ button alongside an audiobook's price. … It's finally possible to purchase an audiobook from Spotify's iPhone app with just a few taps.
Andrew Webster / The Verge:
Netflix says Season 56 of Sesame Street will be available on Netflix “later this year”; Sesame Street had searched for a streamer since Max dropped it in 2024  —  It's coming later this year. … Sunny days are on their way to Netflix.  The streamer just announced that the next season …
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 More News: 
Dominic Ponsford / Press Gazette:
Cavendish Press head Jon Harris warns freelance court reporters face extinction as UK newsrooms prioritize free police handouts over professional reporting
Katie Hicks / Marketing Brew:
The Onion launches America's Finest Creative Agency, offering copywriting and creative strategy services for brands
Todd Spangler / Variety:
SAG-AFTRA files an NLRB unfair labor practice charge against Epic's Llama Productions for using AI to recreate James Earl Jones' Darth Vader voice in Fortnite
 Earlier Picks: 
Matthew Keys / The Desk:
Source: about 60 of the 500 VOA workers whose contracts were terminated by the USAGM are likely to be deported within the next month due to losing their jobs
Discussion: RadioInfo Asia
Naman Ramachandran / Variety:
BBC Studios launches a reorganization, with a “Global Production” unit and “Unscripted Productions” division to capitalize on surging unscripted content demand
Discussion: Deadline
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Mike Isaac / New York Times:
Meta says it is shifting some of its investment from metaverse toward AI glasses and wearables, and “we aren't planning any broader changes than that”

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities
 
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