Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
10:30 AM ET, July 18, 2025

Mediagazer

 Top News: 
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”  —  “President Trump has already beaten George Stephanopoulos/ABC, 60 Minutes/CBS, and others, and looks forward to suing …
NBC News:
The US House passes a Senate-approved bill to strip $1.1B from the CPB, hitting 1,500 local stations, PBS, and NPR; it now awaits President Trump's approval  —  The $9 billion package passed the House and the Senate with only Republican votes through the rarely used “rescissions” process.
RELATED:
Ethan Beck / Washington Post:
CPB's funding rescission threatens indie musicians and public radio stations that play indie music as CPB covers music licensing fees, costing ~$20M per year  —  If the rescission bill passes, $1.1 billion of funding will be cut from the Corporation for Public Broadcasting, limiting public radio's ability to license music.
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
RELATED:
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.
Mark Sweney / The Guardian:
Netflix used AI tools for the first time in one of its TV shows, for a VFX sequence; Ted Sarandos says the VFX costs would have been too high otherwise  —  Firm says technology used in El Eternauta is chance ‘to help creators make films and series better, not just cheaper’
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 will end in May.  —  “The Late Show With Stephen Colbert …
Discussion: Variety, New York Times, Forbes, Screen Rant, The Wrap, Radio & Television …, NPR, The Hollywood Reporter, PJ Media, WXIA-TV, Decider, CBS News, Hollywood Life, Rolling Stone, Associated Press, @niemanlab.org, Page Six, Le·gal In·sur·rec·tion, TV Insider, @kentremendous.bsky.social, Gamereactor UK, @wjcarter, Business Insider, @junkboxjim.bsky.social, RADAR, New York Post, Pitchfork, @bigdgrandroyal.bsky.social, @maxwelltani, Us Weekly, Washington Examiner, Digital Music News, @heerjeet, @adamsteinbaugh, @karrieurbanist.bsky.social, LateNighter, Mashable, Alex Kruglov on LinkedIn, San Francisco Examiner, @robwarrior.bsky.social, 9News, Brian Steinberg on LinkedIn, HuffPost, @luckytran.com, @mjfree.bsky.social, KTVU-TV, New Jersey Online, The Guardian, @brunojnavarro.bsky.social, ME, @ryanlcooper.com, Vanity Fair, RedState, @fieldsmeyer.com, TV Blackbox, Newsbusters, TODAY.com, Billboard, That Park Place, Instapundit, @bencollins.bsky.social, Alternet.org, Cord Cutters News, Mercury News, E! Online, @jeffjarvis@mastodon.social, The US Sun, @echamp.bsky.social, @roxanegay.bsky.social, Daily Caller News Foundation, @jdesmarteau.com, NBC Bay Area, @emilynussbaum.bsky.social, Soaps.com, Axios, WFAA-TV, PennLive, @markjacob.bsky.social, @paleofuture.bsky.social, CNN, The Hill, The Wrap, Reuters, @paleofuture.bsky.social, TVLine, Justin's Entertainment Corner, Straight Arrow News, Fox News, Bloomberg, The Post Millennial, TV Tonight, The Daily Northwestern, al.com and New York Daily News
Etan Vlessing / The Hollywood Reporter:
Lionsgate Motion Picture Group names Erin Westerman president, replacing Nathan Kahane who steps down by the end of 2025; Westerman joined the company in 2017  —  The Hollywood veteran replaces Nathan Kahane after he announced plans to step down by the end of the year.
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.
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!
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 10:30 AM ET, July 18, 2025.

View the current page or another snapshot:


 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Financial Times:
Sources: former Goldman Sachs banker Simon Dingemans and former Sainsbury's CEO Justin King are among those on a shortlist to chair Channel 4
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
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
 Earlier Picks: 
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
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
 

 
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
 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page