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4:55 AM ET, July 24, 2025

Mediagazer

 Top News: 
Matthew Keys / TheDesk.net:
Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $9.8B, vs. $9.56B est., and Google's advertising revenue reached $71.3B, up from $64.6B a year ago  —  Key Points:  — YouTube ad revenue rose to $9.8 billion in Q2 2025, up 13% compared to Q2 2024 and up 10% on a sequential basis.
RELATED:
Aisha Malik / TechCrunch:
YouTube gives Shorts creators access to new generative AI features powered by Veo 2, such as new AI effects and a tool that turns photos into six-second videos
Deadline:
At an All-In Podcast summit, President Trump said forcing AI firms to pay for each copyrighted work is “not doable”, calling for “common sense” AI and IP rules  —  Donald Trump said that AI companies can't be expected to pay for the use of copyrighted content in their systems …
Joe Flint / Wall Street Journal:
Sources: NBCU is discussing launching a sports cable network that could debut as soon as the fall and would primarily carry sports also available on Peacock  —  The potential cable channel would broadcast sports, including the NBA, also being shown on NBCU's Peacock streaming service
Emanuel Maiberg / 404 Media:
Google's AI Overviews, which a recent Pew study shows reduce clickthrough rates, are further eroding traffic to original publishers by linking to aggregators  —  Yesterday the Pew Research Center released a report based on the internet browsing activity of 900 U.S. adults which found …
RELATED:
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
Melissa Quinn / CBS News:
French President Emmanuel Macron and his wife Brigitte file a defamation suit against MAGA podcaster Candace Owens over her claims that Brigitte was born a man  —  Washington — French President Emmanuel Macron and his wife Brigitte Macron filed a defamation lawsuit against right-wing podcast …
Alex Weprin / The Hollywood Reporter:
Skydance tells the US FCC that once its Paramount Global acquisition is complete, it will initiate a “comprehensive review” of CBS, hire an ombudsman, and more  —  The company said it would commit to a “comprehensive review” post-transaction.
Inside Radio:
A US federal appeals court strikes down the FCC's ban on same-market ownership of top-rated local TV stations but leaves local radio ownership rules intact  —  In a closely watched decision with major implications for broadcasters and the Federal Communications Commission's open quadrennial rulemaking …
Naman Ramachandran / Variety:
ITV reports H1 2025 adjusted EBITA down 31% YoY to £146M, ITV Studios revenue up 11% YoY to £632M, ITVX digital ad revenue up 12% YoY and MAUs reaching 16.4M  —  U.K. media giant ITV posted a 31% drop in group adjusted EBITA (Earnings before interest, taxes, and amortization) …
Scott Nover / Washington Post:
Sources: Kari Lake locked out CEO Victor Morales from his email and dispatched VOA Director Michael Abramowitz to NC, in a bid to tighten control at USAGM  —  The Arizonan, an ally of President Trump, has managed to lock out her nominal boss and is trying to dispatch VOA's director to North Carolina.
Kate Krader / Bloomberg:
YouTube has become a valuable resource for professional chefs and, in recent years, has helped skilled amateurs build culinary reputations and open restaurants  —  In kitchens around the world, chefs are turning to YouTube to learn new skills and establish their culinary reputations.
Jonathan Greig / The Record:
A US federal jury gives five Nevada men varying prison sentences for their roles in running Jetflicks, one of the largest illegal TV streaming services  —  A federal jury slapped five men from Nevada with varying sentences for their roles in running Jetflicks, one of the largest illegal TV streaming services …
The Baltimore Banner:
The Baltimore Banner, launched in 2022 as a nonprofit news outlet focused on Greater Baltimore and Maryland, gets a $200K grant from the Henry Luce Foundation  —  The Baltimore Banner, a nonprofit, multi-platform news operation serving Greater Baltimore and Maryland, has received a $200,000 grant from the Henry Luce Foundation.
Discussion: The Editor's Desk
 
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 More News: 
Brendon Kleen / Awful Announcing:
Pat McAfee issues on-air apology to Ole Miss student Mary Kate Cornett for discussing a false rumor involving her in February
David Satin / The Streamable:
Xfinity launches StreamStore, an aggregation platform that lets viewers browse, subscribe to, and manage streaming subscriptions
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
 Earlier Picks: 
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
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
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
 

 
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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