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9:30 AM ET, July 15, 2025

Mediagazer

 Top News: 
Daniel Thomas / Financial Times:
The BBC reports 2024-25 revenue up 9% YoY to £5.9B and a £132M operating deficit, down from £263M in 2023-24; DG Tim Davie admits BBC “mistakes” after scandals  —  National broadcaster's deficit almost halved to £132mn last year
RELATED:
Michael Savage / The Guardian:
The BBC reports 23.8M licenses at the end of 2024-25, down from 24.1M in 2023-24, and license fee income of £3.8B after an inflationary fee rise, up from £3.7B  —  Annual report says pace of change amid battle with streaming rivals is ‘a moment of real jeopardy for the sector’
Discussion: Mirror, Deadline and TVBEurope
Advanced Television:
BBC Commercial reports 2024-25 revenue of £2.2B, up from £1.9B in 2023-24, with BBC Studios EBITDA up 11% YoY to £225M and media and streaming revenues up 43%  —  BBC Commercial, the media company which is part of the BBC Group, has released its annual results as part …
Charlotte Tobitt / Press Gazette:
In 2024-25, 50 on-air BBC journalists earned above £178K, up from 46 in 2023-24; Nick Robinson and Fiona Bruce were the top-paid following Huw Edwards' exit  —  On-air pay figures for year to 31 March 2025 include 50 journalists earning above £178,000.
Angela Fu / Poynter:
Some non-citizen journalists working in the US are self-censoring, wiping their social media accounts, canceling travel plans, and more, fearing deportation  —  Non-citizen journalists working in the U.S. report wiping their social media accounts, canceling travel plans and pulling bylines
Ken Bensinger / New York Times:
A look at Trump Media's Truth+ streamer as it launches globally, featuring Newsmax, OANN, and ten other channels in its $9.99/month Patriot Package  —  In the streaming era, incremental news from a tiny upstart with limited content, few bells and whistles, and zero original programming normally wouldn't command too much attention.
Sara Fischer / Axios:
The Information launches its first live video product, TITV, hosted by reporter Akash Pasricha and streamed on YouTube, X, and The Information's website  —  The Information on Monday will launch its first live video product, TITV, hosted by reporter Akash Pasricha.
Sarah Perez / TechCrunch:
Google adds featured notebooks to NotebookLM from publications, including The Economist and The Atlantic, as well as professors, authors, and select works  —  Google is transforming its popular AI-powered research and note-taking assistant, NotebookLM, into more of a destination.
Sarah Perez / TechCrunch:
Meta says it has taken down around 10M Facebook profiles so far this year that were impersonating or repeatedly reusing content from large content producers  —  Meta announced on Monday that it will take additional measures to crack down on accounts sharing “unoriginal” content to Facebook …
Max Goldbart / Deadline:
The BBC shelves an LA wildfires documentary by Jamie Roberts amid controversy over not disclosing that the son of a Hamas minister narrated his Gaza film  —  Deadline revealed several months back that the broadcaster faced a dilemma over whether to push on with the show while engulfed …
RELATED:
Jake Kanter / Deadline:
An internal BBC review finds that documentary Gaza: How to Survive a Warzone, narrated by the child of a Hamas minister, breached an editorial rule on accuracy
 
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 More News: 
Max Tani / Semafor:
Kaleidoscope, a podcasting startup that focuses on adventure stories and other forms of narrative podcasting, raised a $5M Series A
Todd Spangler / Variety:
Moonvalley, which is developing “ethical” AI video models trained on licensed content, raised $84M led by General Catalyst, bringing its total funding to $154M
 Earlier Picks: 
Alex Weprin / The Hollywood Reporter:
ABC News launches What You Need to Know, a daily news program on Disney+, streaming weekdays at 6am ET, with each episode available for 24 hours
Brian Stelter / CNN:
Some right-wing media stars, whose conspiracy theories helped put Trump in power, are rejecting his call to stop wasting “time and energy on Jeffrey Epstein”
Lily Ford / The Hollywood Reporter:
The BBC cuts ties with MasterChef presenter Gregg Wallace after an independent investigation upheld 45 allegations, including groping and racist comments
 

 
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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