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9:45 AM ET, July 23, 2025

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 Top News: 
Oliver Darcy / Status:
Several LAT staffers say Jon Stewart's unchallenging interview of Patrick Soon-Shiong on The Daily Show left many inside the LAT newsroom perplexed and furious  —  On Monday night, Jon Stewart delivered a blistering monologue targeting the corporate media executives that have caved to Donald Trump …
David Folkenflik / NPR:
NPR EIC and acting Chief Content Officer Edith Chapin is stepping down later this year and says her choice wasn't driven by Congress' rescission of funding  —  NPR's editor in chief and acting chief content officer Edith Chapin told colleagues Tuesday morning that she has decided to step down.
Katie Robertson / New York Times:
SEC filing: Alden-owned MediaNews makes a ~$88M bid for DallasNews Corporation, after the Dallas Morning News parent signed a $75M merger agreement with Hearst  —  The investment firm's MediaNews Group, the country's second-largest newspaper publisher, put in a bid for the publication nearly two weeks after Hearst agreed to buy it.
Pew Research Center:
A survey of 900 US Google users: of ~69K searches, 18% gave AI Overviews; of those, users clicked a link 8% of the time, compared to 15% with no AI summary  —  Last year, Google introduced “AI Overviews,” a feature that displays an artificial intelligence-generated result summary at the top of many Google search pages.
Lesley Goldberg / The Ankler:
Sources: CBS decided to end The Late Show on June 27, before the 60 Minutes settlement, but Colbert's agent only informed him after he taped the July 16 episode  —  SCOOP: James Dixon waited two weeks to tell his star and more new details about who knew what and when, and what comes next
RELATED:
Katie Drummond / Wired:
Wired expands its offerings with five new weekly newsletters, livestream AMAs running at least twice per month, and narrated audio versions of many articles  —  As of today, there are even more ways to enjoy WIRED's journalism, including premium newsletters and livestream Q&As.  Join us.
Nick Spicer / NPR:
Agence France-Presse calls on the Israeli government to allow its freelance journalists to leave the Gaza Strip because of a worsening hunger crisis there  —  French news agency Agence France-Presse is calling on the Israeli government to allow its freelance journalists to leave the Gaza Strip …
Joe Flint / Wall Street Journal:
President Trump says he anticipates receiving $20M in ads and PSAs from Skydance, bringing the cost of the 60 Minutes settlement to $36M  —  President posts on social media that he will receive more than the already agreed to $16 million payment  —  President Trump said that he anticipates …
Andrew Marchand / New York Times:
Sources: ESPN and the NFL are nearing a landmark deal to add Red Zone, NFL Network, and more to the ESPN's streamer, launching in the fall for $29.99 per month  —  In 1987, an eight-year-old cable network in just 41 million homes acquired the rights to eight NFL regular season Sunday night games and the Pro Bowl.
Max Goldbart / Deadline:
The BBC says it will air a new MasterChef season filmed before presenters Gregg Wallace and John Torode were fired over Banijay's misconduct report  —  Today, the BBC said that “after careful consideration and consultation with the contestants” it will air the show on both BBC One linear and BBC iPlayer.
Loni Prinsloo / Bloomberg:
South African regulators approve Canal+'s ~$3B acquisition of MultiChoice, set to create Africa's largest pay TV and streaming group with ~50M subscribers  —  Canal+ received South African anti-trust approval to buy MultiChoice Group Ltd., which will clear the way to make it the largest pay-TV and streaming business on the continent.
Ethan Millman / The Hollywood Reporter:
UMG partners with IP asset management company Liquidax Capital to “accelerate the development of UMG's music-related AI patents”, already filing 15  —  UMG said it's filed for 15 patents through the partnership already, including one related to AI threat protection.
RELATED:
Samuel Stolton / Bloomberg:
The EU opens a full-scale investigation into UMG's $775M acquisition of Downtown Music over concerns the deal could negatively impact competition in the market
 
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Financial Times:
Sources: Bari Weiss is seeking a valuation of between $200M and $250M for The Free Press amid talks with Skydance CEO David Ellison over a potential sale
Meg James / Los Angeles Times:
Sources: Paramount will pay $300M a year for five years to bring global streaming rights for South Park to Paramount+, including US rights for the first time
 

 
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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