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12:30 PM ET, July 17, 2025

Mediagazer

 Top News: 
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 …
RELATED:
Tyler Falk / Current:
New York Public Radio CEO LaFontaine Oliver is stepping down from the position and stepping into the newly created position of executive chair  —  Oliver said the board asked him to serve in the new role as threats to public broadcasting mount.  —  NYPR Board Chair John Rose wrote in an email …
Discussion: Inside Radio and Radio Ink
Vanessa Rancaño / KQED:
Bay Area public radio station KQED says it is laying off 45 people and 12 are taking voluntary buyouts, a 15% staff cut; 10 vacant positions will go unfilled
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.
Sarah Perez / TechCrunch:
Spotify expands audiobook access to family plan members with two new plans, including Audiobooks+ that offers more listening hours, in the UK and 10+ countries  —  Spotify on Thursday announced an expansion of its premium audiobooks service, with two new plans that offer additional listening hours …
Anna Ringstrom / Reuters:
Swedish streaming service Viaplay buys the remaining 50% stake in broadband and satellite TV provider Allente Group from Telenor for ~$113M  —  Swedish streaming group Viaplay Group (VPLAYb.ST) said on Thursday it had agreed to buy the remaining 50% stake in Allente Group from Norway's Telenor …
Foo Yun Chee / Reuters:
Sources: EU regulators plan a full-scale investigation into UMG's $775M acquisition of Downtown Music; UMG didn't provide remedies to address regulatory worries  —  Universal Music Group (UMG.AS) unit Virgin Music Group's $775 million acquisition of Downtown Music faces a full-scale EU antitrust investigation …
Reuters:
Publicis raises its full-year growth forecast to ~5% after stronger-than-expected Q2 results, and CEO Arthur Sadoun dismisses concerns over Meta's AI ad systems  —  French advertising firm Publicis (PUBP.PA) on Thursday raised its full-year organic growth forecast following stronger …
Oliver Darcy / Status:
Leaked all-hands: Mathias Döpfner said Axel Springer employees must use AI, opposed disclosing to readers whether AI was used in the reporting process, and more  —  Axel Springer—the German publishing group that owns POLITICO, Business Insider, and BILD—had streamed the event company-wide.
Josh Hersh / Columbia Journalism Review:
Q&A with Alan Rusbridger on criticism of the BBC for its Gaza coverage, the difficulty of leading the broadcaster, the need for it to be independent, and more  —  The former Guardian editor has been keeping tabs on the challenges at the venerable broadcaster.
Discussion: The Guardian
 
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 More News: 
Erik Ofgang / New York Times:
Some US states pass or explore laws aimed at reining in the cost of e-books for libraries, which often pay 10x more for e-book licenses than print copies
 Earlier Picks: 
Amy Hawkins / The Guardian:
Oxford University Press stops publishing a journal sponsored by China's Ministry of Justice after years of concerns it did not meet standards on DNA collection
Oliver Darcy / Status:
Jessica Lessin's softball TITV interview with Mark Zuckerberg without disclosing their close personal ties raises thorny ethical issues and insults her newsroom
 

 
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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