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5:05 PM ET, May 27, 2025

Mediagazer

 Top News: 
David Folkenflik / NPR:
NPR and three Colorado public radio stations sue Trump, saying his executive order to cut federal funding violated the US Constitution and the First Amendment  —  NPR and three Colorado public radio stations filed suit Tuesday morning in federal court against the Trump White House …
Bloomberg:
Filing: Tencent is buying a ~10% stake in SM Entertainment for ~$180M from BTS agency Hybe, as China is expected to lift its unofficial ban on K-pop concerts  —  Tencent Holdings Ltd. is snapping up a nearly 10% stake in SM Entertainment Co. Ltd valued at about $180 million …
Max Tani / Semafor:
Bloomberg renamed its DEI team as the HR Inclusion team; editor John Micklethwait says its efforts will no longer specifically focus on underrepresented groups  —  THE SCOOP  —  Bloomberg editor John Micklethwait has told his newsroom the company is changing its inclusion efforts …
Discussion: Talking Biz News and @mediaevan
Emma Goldberg / New York Times:
A profile of Sam Freedman, who taught book writing at Columbia Journalism School for 35 years, leading to 113 book contracts and 95 books out of ~675 students  —  For three decades at Columbia Journalism School, Sam Freedman has encouraged students to try long-form narratives.
Ben Fritz / Wall Street Journal:
Comscore: US and Canada box office 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.
Edith Hancock / Wall Street Journal:
The European Commission says it is investigating Pornhub, Stripchat, XNXX, and XVideos for potential child safety DSA violations “as a matter of priority”  —  New rules compel large online platforms to do more to protect users  —  The European Commission is investigating whether …
Kelly Burke / The Guardian:
Australia's communications regulator: commercial TV networks have significantly cut their spending on kids' scripted content, with just $1.75M spent in 2023-24  —  Just $1.75m spent on genre across free-to-air networks as advocates warn of ‘broader erosion’ of cultural investment
Discussion: ACMA and TV Central
Nilay Patel / The Verge:
Q&A with Sundar Pichai on the future of search and the web, seeing “overall query growth”, News Media Alliance calling AI Mode “theft”, and more  —  Today, I'm talking with Alphabet and Google CEO Sundar Pichai.  We recorded this conversation in person after the Google …
Joe Holley / The Texas Observer:
Ronnie Dugger, the founding editor, publisher, and owner of the Austin-based Texas Observer, where he exposed bigotry and corporate greed, has died at 95  —  Ronnie Dugger, founding editor and longtime publisher of the Texas Observer and for many years the crusading conscience …
 
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 More News: 
Monique Mulima / Bloomberg:
Trump Media & Technology Group plans to sell ~$1.5B in stock and $1B in 0% convertible notes to buy bitcoin for its treasury
Callie Holtermann / New York Times:
A look at the Ditch Weekly, a newspaper run by 20 teenagers and covering Montauk, New York, with a goal to distribute 2,000 copies a week through Labor Day
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”
 Earlier Picks: 
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
Financial Times:
JioHotstar grew its subscriber base from 50M in March 2025 to 280M+ in May, driven by IPL cricket streams, nearing Netflix's global subscriber count of 300M
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
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
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI
 
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