Top News:
Todd Spangler / Variety:
Paramount says it expects its merger with Skydance to close on August 7; the new company will trade on Nasdaq as PSKY — In just under two weeks, Paramount Global will complete its takeover by the smaller Skydance Media to form “Paramount Skydance Corp.” — and bringing a rollercoaster M&A ride to its conclusion.
RELATED:
Dade Hayes / Deadline:
Imax partners with Runway AI to screen 10 films selected as finalists in the company's AI Film Festival at 10 Imax locations across the US — Imax is teaming with tech firm Runway to present commercial screenings of selections from the company's AI Film Festival.
Discussion:
Livemint
Press Gazette:
The UK government appoints News UK COO and ex-Sun editor David Dinsmore to the new role of permanent secretary for communications — Dinsmore appointed “permanent secretary for communications”. — News UK chief operating officer David Dinsmore is taking up a senior communications role at the heart of Government.
Discussion:
Telegraph and The Guardian
Axios:
Rupert Murdoch's media empire is playing both sides of the Trump-Epstein scandal, with the WSJ breaking bombshell news that Fox News is largely ignoring — Rupert Murdoch's media empire is playing both sides of the Trump-Epstein scandal, breaking bombshell news with one hand and largely ignoring it with the other.
Discussion:
Poynter, Raw Story, The Guardian, Deadline, Sydney Morning Herald, New Jersey Online, The Saturday Paper, Vox and Mediaite
Alice Brooker / Press Gazette:
The UK's The Times closes its Money Mentor, launched in 2019 as a free section designed to “demystify finance”, but relaunches its personal finance offering — The Times has closed its Money Mentor section but says it is relaunching its personal finance offering instead.
CNBC:
The fate of Jimmy Kimmel's ABC show, whose contract ends in 2026, will reveal if Colbert's cancelation was a one-off or a fundamental shift in late-night TV — There are two schools of thought around CBS' decision to end “The Late Show with Stephen Colbert.”
Discussion:
Travel And Tour World, Full Feed, @sherman4949, Deadline, @tvgrimreaper, @sherman4949, @sherman4949, New York Sun, Townhall and Scott Galloway
Drew Harwell / Washington Post:
YouTube mega streamer IShowSpeed's recent visits to Lithuania and China show how countries are focusing on creators' fan bases as a new strategy for soft power — The streamer IShowSpeed drank pink soup in the Baltics and marveled at cars in China. Are his tours propaganda, or just good advertising?
Discussion:
NZ Herald
Max Goldbart / Deadline:
The BBC appoints ex-Meta executive Anjali Kapoor to the newly created role of director for BBC News AI, Innovation, and Growth, to “accelerate AI adoption” — Anjali Kapoor was previously Meta's Director for Media Partnerships in the Asia-Pacific region but takes …
Discussion:
BBC, Broadband TV News and TVBEurope
Charlotte Tobitt / Press Gazette:
The Bureau of Investigative Journalism promotes editor Franz Wild as its next CEO and EIC, succeeding Rozina Breen, who is leaving to join the Pulitzer Center — The Bureau of Investigative Journalism has appointed Franz Wild as its next chief executive and editor-in-chief.
Discussion:
TBIJ, Franz Wild on LinkedIn and Journalism.co.uk
Nick Vivarelli / Variety:
Netflix agrees a deal with Middle East broadcaster MBC Group to bundle Netflix and MBC's Shahid in addition to its linear TV channels in one subscription — Top Middle East broadcaster MBC Group has forged a groundbreaking partnership with Netflix under which the U.S. streaming giant …
Discussion:
Gulf News, Broadband TV News, WORLD SCREEN, Screen, Deadline, The National and Advanced Television
Arielle Swedback / On Substack:
A survey of 2,000 Substack publishers finds 45.4% use AI, mainly for research; among them, 51.1% are over age 45, 55% are men, and 85% of tech outlets use it — AI is here—at schools, in memes, and, yes, even on Substack. But beyond sniffing out its usage—who's being too liberal with the em dashes or the “It's not [this].
Ellie Wolfe / The Baltimore Banner:
The Johns Hopkins University Press will license its authors' books to train AI models, citing concerns that “the window may be closing” for making AI deals — The Johns Hopkins University will license its books to train proprietary large language models, an advanced form …
