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10:00 PM ET, May 28, 2025

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Paramount has offered $15M to settle with Trump; Trump's team wants more than $25M, is seeking an apology from CBS News, and threatened another lawsuit  —  President's team threatened another lawsuit amid settlement talks  —  A month into negotiations between Paramount Global …
Brian Steinberg / Variety:
Memo: David Leavy, who became CNN's COO in 2023, is leaving; sources say the longtime key lieutenant of David Zaslav is returning to Warner Bros. Discovery  —  “David arrived at CNN in tumultuous times and did a brilliant job stabilizing the company at a difficult moment.
Ben Johansen / Politico:
Sources: all 800 full-time VOA staff are expected to receive reduction-in-force notices this week, after ~600 VOA contractors were dismissed earlier in May  —  The move would add to the grueling battle between the network and Trump administration.  —  All remaining staff at Voice of America …
Lachlan Cartwright / Breaker:
Email: a senior business reporter at The New York Post says an editor spiked a story about Terry Cole, Trump's pick to lead the DEA, slated to run on March 22  —  MSNBC anchor in talks to leave; Post Trump story spiked; Telegraph owner's US Play  —  In partnership with
Brian Steinberg / Variety:
WPP rebrands GroupM as WPP Media after reportedly laying off dozens of staffers in recent weeks  —  TV's annual “upfront” negotiations, when networks try to sell as many TV commercials as possible, is a tough, high-pressure moment.  But here's some relief for NBCUniversal, Disney and Paramount …
Charlotte Tobitt / Press Gazette:
Immediate Media's BBC History Magazine launches a Substack and a weekly podcast, and says it has 745,000 paying online subscribers, but print remains important  —  Substack newsletter and podcast are latest additions to the brand.  —  Immediate Media's BBC History has proved again …
Discussion: Press Gazette
Charlotte Tobitt / Press Gazette:
Tamar Riley, global managing director at Refinery29 since July 2022, is set to join The Standard, formerly The Evening Standard, as CEO on July 14  —  The new chief executive of The Standard will join from women's lifestyle brand Refinery29 in July.  —  Tamar Riley has been global managing director …
Dominic Ponsford / Press Gazette:
The UK's Press Gazette launches a paywall, charging £9.99 per month or £99 per year, and plans to add AI-enhanced search, its first app, and a print product  —  Press Gazette today launches a metered paywall to help us fund the next stage of our expansion.
 
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 More News: 
Bloomberg:
Sources: QVC is consulting advisers to explore options for its $5B+ debt; its stock has fallen 99%+ in the past four years, cutting its market cap to ~$72M
Discussion: @whoa-magic.lol
Lauren Egan / The Bulwark:
Substack aims to become the essential online arena for politics and is approaching candidates to join; Pete Buttigieg and other Democrats are on the platform
Nicholas Quah / Vulture:
A look at the “New Media Circuit” that stars must navigate to create publicity for their work as legacy media's influence ebbs and media fragmentation grows
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
 Earlier Picks: 
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
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
Discussion: ACMA
Ben Mullin / @benmullin:
Leaked memos: WaPo announces voluntary buyouts for employees with 10+ years of service and for members of the video department, copy desk, and opinion section
 

 
From Techmeme:

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

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

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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