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4:30 AM ET, July 2, 2025

Mediagazer

 Top News: 
Meg James / Los Angeles Times:
Paramount agrees to pay Trump $16M to settle his 60 Minutes lawsuit, stating the money will go to his future presidential library, without offering an apology  —  Paramount Global has agreed to pay President Trump $16 million to end his lawsuit over edits to a “60 Minutes” interview …
Andrew Deck / Nieman Lab:
Law360 now requires every story go through an AI-powered “bias” detection tool before publication after a LexisNexis exec accused the newsroom of liberal bias  —  The policy was announced after an executive accused the newsroom of bias in its Trump administration coverage.
Max Goldbart / Deadline:
A YouTube report made in consultation with 10K+ UK creators calls for UK government recognition, industry representation, and better access to finance  —  Top YouTubers like Amelia Dimoldenberg, Brandon B and Max Klymenko have put their names to a first-of-its-kind report from YouTube calling …
Bloomberg:
Google ends its Recipe Quick View pilot, which showed full recipes directly in search results, after some bloggers feared it would reduce traffic to their sites  —  Google has ended tests of a feature that would have let users open a snapshot of cooking-recipe content directly in web search results …
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 …
Lucas Manfredi / The Wrap:
In a filing, the Newhouse family, which owns Condé Nast, says it is selling 100M WBD shares worth around $1.1B total; WBD closes down 4%+  —  The media giant's stock tumbled over 4% during Tuesday's trading session after the Condé Nast owners sold 100 million shares
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 …
Connor Hart / Wall Street Journal:
AMC Entertainment reaches an agreement with creditors to reduce debt, including raising ~$223.3M and converting $143M of debt into equity; AMC falls ~6%  —  Agreement comes after AMC posted a wider loss and lower sales in the first quarter  —  AMC Entertainment reached an agreement …
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
 
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 More News: 
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
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
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: 
Clara Jiménez Cruz / Nieman Lab:
Google kills ClaimReview, its fact-checking snippet in search, after finding it is “not commonly used” and no longer provides “significant additional value”
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
George Winslow / TV Tech:
The FCC enters into a consent decree with Sinclair to resolve a variety of issues; Sinclair won't admit to rules violations and will pay a $500K civil penalty
Discussion: TheDesk.net
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
 

 
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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