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4:10 PM ET, July 1, 2025

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 Top News: 
Reuters:
Court filing: Paramount and Trump ask a judge to stay their 60 Minutes lawsuit until Thursday as they are in “good faith, advanced, settlement negotiations”  —  Paramount Global (PARA.O) and President Donald Trump are engaged in “good faith, advanced, settlement negotiations” …
Maxwell Zeff / TechCrunch:
Cloudflare debuts “Pay per Crawl”, a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default  —  Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace …
Ethan Millman / The Hollywood Reporter:
Apple unveils Apple Music Studios in Culver City, CA, where musicians can come for radio interviews, to record new music, do photo shoots, and film content  —  “We want this to be an open house for artists, songwriters or any creator to come in, hang out and create content …
Lucas Manfredi / The Wrap:
In a filing, the Newhouse family, which owns Condé Nast, says it plans to sell 100M WBD shares worth around $1.1B total; $WBD falls 4%  —  The media giant's stock tumbled over 4% during Tuesday's trading session after the Condé Nast owners sold 100 million shares
Financial Times:
Warner Music and Bain announce a $1.2B joint venture to buy song rights; sources: Warner is in talks to acquire the Red Hot Chili Peppers' catalog for $300M+  —  Acquisition would be a coup for record company and private equity firm's new song rights joint venture
Max Tani / @maxwelltani:
In a note to staff, Axios says it is changing its AI policy, which promised “NO AI-written stories”, as it was “unnecessarily limiting” given AI's progress  —  Axios is changing its editorial policies to be more friendly to AI use. In a recent note to staff, Axios said it was revising its AI language. “The new language replaces our original framing which was centered on how everything we do 'will be written or produced by a real
Alice Brooker / Press Gazette:
An interview with Mediahuis Ireland CEO Peter Vandermeersch on the Belfast Telegraph reaching 100K digital subscribers, plans to reach 200K by 2030, and more  —  Mediahuis Ireland is aiming to double its digital subscriptions to 200,000 in five years, according to its chief executive.
Benjamin Mullin / New York Times:
Michael Moritz's The San Francisco Standard buys Charter, a digital outlet focused on the future of work; Charter founder Kevin Delaney will be EIC of both pubs  —  Michael Moritz co-founded The San Francisco Standard, a local news organization.  It is acquiring Charter, a start-up focused on the future of work.
Gene Maddaus / Variety:
Trump pulls a federal lawsuit against the Des Moines Register and Ann Selzer, and refiles in state court, a day before Iowa's anti-SLAPP statute takes effect  —  President Trump dropped a lawsuit in federal court on Monday against the Des Moines Register and pollster Ann Selzer, and refiled it in state court.
 
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 More News: 
Jake Kanter / Deadline:
UK Culture Secretary Lisa Nandy says the BBC had several editorial failures in its Gaza coverage and has a “problem of leadership”
Lauren E. Low / NASA:
NASA says its NASA+ live programming will be available on Netflix starting this summer; it will be still available on NASA's app and site for free without ads
 Earlier Picks: 
Blake Brittain / Reuters:
SCOTUS will review a dispute between Cox and major music labels after an appeals court threw out a $1B jury verdict against Cox over alleged piracy by customers
Joe DePaolo / Mediaite:
In a Fox News interview with Maria Bartiromo, Trump suggests he will pressure CNN and NYT reporters to give up their sources on the Iran strike stories
Anthony D'Alessandro / Deadline:
The F1 movie gives Apple its first box office hit, opening to $144M worldwide and $55.6M in the US; it was pushed on Apple Music, Podcasts, Fitness+, and Wallet
 

 
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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