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Irie Sentner / Politico:
Trump says he will sue the WSJ and Rupert Murdoch over a story alleging he sent a racy letter to Jeffrey Epstein and claims he warned them the letter was “fake” — Representatives for Newscorp and the Journal did not immediately respond to requests for comment.
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Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 16% YoY to $11.08B, vs. $11.07B est., net income of $3.13B, and forecasts 2025 revenue of $44.8B-$45.2B, up from $43.5B-$44.5B — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping — Ad Choices
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Emma Roth / The Verge:
Netflix says it's on track to double its advertising revenue this year and that it will roll out interactive ads in the second half of 2025 — Older Netflix shows like Orange is the New Black and Ozark have racked up over 100 million hours so far in 2025, as its Q2 revenue passed $11 billion.
Peter White / Deadline:
CBS says The Late Show with Stephen Colbert is ending in May 2026 and that this was “purely a financial decision against a challenging backdrop in late night” — In a shocking move, The Late Show with Stephen Colbert is ending in May 2026. — “The Late Show With Stephen Colbert …
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Brian Steinberg / Variety:
CNBC names David Cho, most recently the EIC of Barron's, as its EIC, replacing both Dan Colarusso and Jay Yarow, ahead of CNBC's planned spin-off into Versant — CNBC heads toward market close with a new executive about to come on board to manage its editorial ups and downs.
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New York Times:
Substack raised a $100M Series C from Chernin Group, a16z, and others, sources say at a $1.1B valuation, as it builds its social network and warms up to ads — Substack, originally a newsletter service, says its app now has millions of users interacting with its creators.
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Gene Maddaus / Variety:
The US Senate votes narrowly early Thursday morning to strip $1.1B in funding from the CPB, in a severe blow to 1,500 local TV and radio stations, PBS, and NPR — The Senate voted narrowly early Thursday morning to strip $1.1 billion in funding from the Corporation for Public Broadcasting …
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Josef Adalian / Vulture:
Peacock will raise prices by $3 per month for new users starting July 23 and test a $7.99/month ad-supported “Select” tier without sports and some other content — This story ran in Buffering, Vulture's newsletter about the streaming industry. Head to vulture.com/buffering and subscribe today!
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Alex Weprin / The Hollywood Reporter:
Barstool Sports signs a “wide ranging” deal with Fox Sports, with Dave Portnoy and other Barstool personalities joining Fox's college football coverage — Portnoy will join the team of Fox's college football show, with other Barstool personalities.
Alex Sherman / CNBC:
MLB Commissioner Rob Manfred says NBC, Apple, and ESPN are the bidders for the league's Sunday Night Baseball package; ESPN initially opted out of it — CNBC's Most Valuable Sports Empires 2025: Here's how the top 20 empires in the world stack up — WNBA's Portland Fire unveils name and logo ahead of 2026 tipoff
Blake Brittain / Reuters:
A US judge rules that three authors suing Anthropic can bring a class action on behalf of all US writers whose books Anthropic allegedly pirated to train its AI — A California federal judge ruled on Thursday that three authors suing artificial intelligence startup Anthropic for copyright infringement …
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Andrew Deck / Nieman Lab:
Dow Jones launches AI-powered real-time translations of financial news into French, an expansion of services offering automated Korean and Japanese translations — Dow Jones Newswires launches an AI-powered French language service, following the rollout of Korean and Japanese last year.
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The Hindu
