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6:55 PM ET, May 26, 2025

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Sources: Disney+ will exclusively stream every season of CoComelon starting in 2027, paying tens of millions of dollars annually to take it away from Netflix  —  One of Netflix's most-watched titles will move to Disney+ in 2027  —  Walt Disney Co. has secured the exclusive streaming rights …
Financial Times:
Sources: Trump Media and Technology Group aims to raise $2B in fresh equity and another $1B via a convertible bond to buy cryptocurrencies such as bitcoin  —  US president's administration and family have become staunch advocates for digital assets  —  Antoine Gara, Oliver Barnes and George Steer in New York, Arash Massoudi in London
Financial Times:
JioHotstar has grown its subscriber base from 50M in March to over 280M in May, driven by IPL cricket streams, nearing Netflix's global subscriber count of 300M  —  Subscriptions soar as JioStar consolidates rights for world's richest league in sport-mad nation  —  Krishn Kaushik and Chris Kay in Mumbai
Semafor:
Inside the “anti-woke” media's identity crisis after Trump's win, amid concerns The Free Press and others are becoming platforms for “moderate Trump sycophants”  —  The libertarian journalist Michael Moynihan felt the shift on election night 2024, after it had become clear that Donald Trump would win.
Ray Schultz / MediaPost:
The Washington Post Tech Guild plans to pursue its first collective bargaining agreement with the company following a vote of 171-38 to establish the union  —  The Washington Post Tech Guild will pursue its first collective bargaining agreement with the company following a vote of 171-38 …
Alexios Mantzarlis / Indicator:
The top contributor to X's Community Notes is Web3 Antivirus, a startup that uses an automated process to flag crypto scam posts and has posted 52,000 times  —  I thought someone was gaming X's crowdsourced moderation; instead, they appear to be helping clean up the platform's mess for free.
Discussion: @craigsilverman
Ben Fritz / Wall Street Journal:
Comscore: US and Canada ticket sales totaled $326.7M for a record Memorial Day weekend, led by Disney's Lilo & Stitch remake, which grossed $183M  —  Strong holiday weekend contributes to major comeback for this year's domestic box office  —  It was a blockbuster Memorial Day weekend for Hollywood, led by a little blue alien.
Hillel Aron / Courthouse News Service:
An Amazonian tribe sues The New York Times, TMZ, and Yahoo for $180M over defamation and more, claiming a viral 2024 NYT story smeared members as porn addicts  —  “The NYT portrayed the Marubo people as a community unable to handle basic exposure to the internet, highlighting allegations …
Joshua Benton / Nieman Lab:
Q&A with Craig Silverman and Alexios Mantzarlis on their new newsletter, the Indicator, which covers misinformation and more; Silverman has left ProPublica  —  “It's just politically expedient in this climate [for platforms] to lay low.  And so this manifests in record levels of digital scams …
 
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 More News: 
Abram Brown / The Information:
A look at The Technology Brothers Podcast Network, a daily tech news talk show that has captured the attention of Silicon Valley's investors and founders
Allison Johnson / The Verge:
Despite Google's guardrails, Veo 3 users are generating realistic clips of news, disasters, and fictional events, some with dialogue not included in the prompt
 Earlier Picks: 
Benjamin Lindsay / The Wrap:
WaPo faces criticism for publishing a column asking “where Jews belong”, which many saw as antisemitic, after killings of two Israeli Embassy staffers in DC
David Bauder / Associated Press:
Defense Secretary Pete Hegseth orders additional press restrictions at the Pentagon, including banning reporters from certain areas without government escorts
Variety:
A24 is shutting down its documentary filmmaking department, laying off five staffers, as sources say the market is too challenging to support an entire division
Kate Knibbs / Wired:
The Freedom of the Press Foundation, a shareholder in Paramount, is threatening legal action against the company if it settles with President Trump
 

 
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

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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