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3:50 AM ET, July 30, 2025

Mediagazer

 Top News: 
Katherine Sayre / Wall Street Journal:
Spotify reports Q2 revenue up 10% YoY to €4.2B, MAUs up 11% to 696M, subscribers up 12% to 276M, and an €86M net loss; SPOT closes down 11.6% after missed est.  —  The audio streaming service added more listeners than it had forecast, but reported a net loss for the second quarter
RELATED:
Catherine Perloff / The Information:
Daniel Ek says Spotify's ad business has “been moving too slowly”; Spotify ad chief Lee Brown left on July 28 to join DoorDash as its chief revenue officer
Rocket Drew / The Information:
Runway and Luma AI say they are talking to robotics and self-driving car companies about their video models and expect these revenue sources to eclipse studios  —  Imax on Monday announced that it would screen the winning films from Runway's AI-generated film festival at some of its theaters.
Sarah Scire / Nieman Lab:
The Kyiv Independent crosses 20,000 paying members, up from 17,500 in May, with ~70% of its revenue coming from readers, and has no plans to add a paywall  —  Horizontal connections and membership community have kept subscriber churn for the English-language publication under 2%.
Amy Hollyfield / Dallas Morning News:
DallasNews Corporation board rejects Alden-owned MediaNews's bid and accepts an improved merger deal from Hearst, which raised its offer from $14 to $15/share  —  The board also voted to implement a shareholder rights plan to hold off Alden.  —  DallasNews Corporation announced Monday …
Charlotte Tobitt / Press Gazette:
The Daily Mail consolidates its digital platforms under the name Daily Mail and renames its digital subscription package, which has 325K subscribers, DailyMail+  —  Aim is to reach one million paying digital subscribers by October 2028.  —  The Daily Mail has set a target of reaching …
Discussion: PodcastingToday and Telegraph
Reuters:
Canal+ reports H1 2025 revenue down 3.3% YoY to €3.09B, free cash flow of €370M, up from €128M in H1 2024, and expects FY 2025 EBITA of ~€515M; CAN jumps 6%  —  French pay-TV company Canal+ (CAN.L) reported a jump in free cash flow in the first half even as revenue fell …
Renju Jose / Reuters:
Australia says it will include YouTube in its ban on social media for children under 16 years of age, reversing an earlier decision to exempt the platform  —  Australia said on Wednesday it will include Alphabet-owned (GOOGL.O) YouTube in its world-first ban on social media for teenagers …
Jesse Whittock / Deadline:
France's TF1 Group reports H1 2025 revenue up 0.1% YoY to €1.1B, media division revenue down 0.9% YoY to €975M, and Studio TF1 revenue up 6.4% YoY to €128M  —  France's TF1 Group posted half-year revenue of €1.1B ($1.3B), with dips at its media arm offset by growth at its newly refurbished studios division.
Discussion: Variety and TF1 Group
Jill Goldsmith / Deadline:
Disney says it has completed its 2025-2026 Upfronts with streaming accounting for more than 40% of total volume and sports advertising nearing $4B  —  Disney Advertising said it's completed its 2025-2026 Upfront with overall volume consisted with the year before despite increased sales in sports and streaming.
 
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 More News: 
Naman Ramachandran / Variety:
Bollywood star Aamir Khan's hit Sitaare Zameen Par will be released exclusively on YouTube for digital rental on August 1, sidestepping traditional streamers
Sean Burch / The Wrap:
The Washington Post's Fact Checker Glenn Kessler is leaving the paper after over 27 years, having taken a buyout, and is “not sure” if his role will be replaced
Naman Ramachandran / Variety:
Eros and filmmaker Aanand L. Rai clash over plans to re-release the Tamil-language version of 2013 Indian film Raanjhanaa with an AI-enabled alternative ending
 Earlier Picks: 
Tomás Mier / Rolling Stone:
TikTok and iHeartRadio launch a singing competition show on TikTok Live; contestants will advance through rounds based on viewer engagement and judges' scores
Charlotte Tobitt / Press Gazette:
Sky News expands its data and forensics team as part of the Sky News 2030 project to build a newsroom focused on premium video journalism
Katie Robertson / New York Times:
Filing: Trump's lawyers argue that Rupert Murdoch should be deposed within 15 days because of his advanced age, in the $10B libel suit against Murdoch and WSJ
Brian Steinberg / Variety:
Hope Hicks, the ex-Trump White House communications director and Fox communications chief, joins Megyn Kelly's production company Devil May Care Media as COO
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI

 
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