Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
9:55 AM ET, August 2, 2025

Mediagazer

 Top News: 
CPB:
The Corporation for Public Broadcasting announces that it is shutting down following the loss of federal funding  —  The Corporation for Public Broadcasting (CPB) announced today that it will begin an orderly wind-down of its operations following the passage of a federal rescissions package …
Discussion: CBS News, USA Today, New York Times, NPR, Fox News, Ars Technica, @philipaklein, @whstancil, Washington Times, Digital Music News, Le·gal In·sur·rec·tion, Must Read Alaska, Plain Dealer, WKYC-TV, ZeroHedge News, Curb Cuts, @wexler, The Washington Free Beacon, The A.V. Club, Variety, Gizmodo, The Guardian, New York Sun, Breitbart, @mikeisaac, Pittsburgh Business Journal, The Mahablog, Deseret News, Fast Company, Straight Arrow News, NC Newsline, @lanceulanoff@threads.com, Roll Call, Hollywood Life, @edeggans.bsky.social, Newser, NPR, Adweek, Free Press Action Fund Feed, Raw Story, MLive.com, RedState, HotAir, twitchy.com, Poynter, Associated Press, BroadwayWorld, Billboard, The Daily Signal, The National Pulse, Animation Magazine, KIII-TV, Daily Caller News Foundation, Bleeding Cool News, Wall Street Journal, @schmittwitt.bsky.social, The Post Millennial, KTFT, Reuters, CNN, NBC News, Townhall, Consequence, TV Tech, Radio & Television …, Barrett Media, Blaze Media, TheDesk.net, Cord Cutters News, Mediaite, @scottnover.bsky.social, Inside Radio, Washington Post, Honolulu Star-Advertiser, @sorayanadiamcdonald.com, Washington Examiner, Axios, Variety, Bloomberg, The Wrap, @airbagmoments.bsky.social, Deadline, @dianabutlerbass.bsky.social, @robxlii.bsky.social, @nicdawes.bsky.social, @smi.bsky.social, New York Daily News, Advocate, Scripps News, Newsweek, The Hill, New Republic, The Independent, The Gateway Pundit, The Follow, Anthropology …, Cleolinda everywhere, WisPolitics, Al Jazeera and r/radio
Todd Spangler / Variety:
Trump Media reports Q2 net sales up 5.5% YoY to $883.3K, a net loss of $20M, vs. a $16.4M net loss in Q2 2024, and $3.1B in cash and investments, up ~800% YoY  —  The company raised nearly $2.4 billion for its Bitcoin treasury strategy in the three-month period
Matthew Keys / TheDesk.net:
Block Communications enters into an agreement to sell its entire portfolio of TV stations to Gray Media for $80M; the deal is expected to close in Q4 2025  —  Block Communications has entered into an agreement to sell its entire portfolio of television stations to Gray Media, the companies announced on Friday.
The Moscow Times:
Derk Sauer, a Dutch media entrepreneur who founded The Moscow Times and later supported Russian journalists in exile, died at 72 from sailing accident injuries  —  Derk Sauer, the Dutch media entrepreneur who founded The Moscow Times, died on Thursday at age 72, his family said in a statement.
Jay Peters / The Verge:
Reddit wants to become “a go-to search engine” for users; its core search has 70M+ weekly active unique users and AI-powered Reddit Answers has 6M weekly users  —  CEO Steve Huffman says the company is focused on making the platform a ‘go-to search engine.’
RELATED:
Jill Goldsmith / Deadline:
Paramount reports Q2 revenue up 1% YoY to $6.85B, a $57M profit, vs. a $5.4B loss a year ago, Paramount+ subs down by 1.3M QoQ to 77.7M and revenue up 23% YoY  —  Paramount Global reported its last set of financials under Redstone family ownership with a massive jump in theatrical revenue …
Aisha Malik / TechCrunch:
Instagram now requires users to have a public account with 1,000+ followers to go live, aligning with TikTok; previously, the feature was open to all users  —  Instagram users now need a public account with a minimum of 1,000 followers to go live on the platform, the social network confirmed to TechCrunch.
Alex Weprin / The Hollywood Reporter:
South Park will be leaving HBO Max on August 5 after Paramount+ secured exclusive global streaming rights; HBO Max has been the US home for the past five years  —  Paramount and Park County had inked a temporary extension with HBO Max while they negotiated a new streaming and overall deal.
Todd Spangler / Variety:
Apple reports Q3 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 13.3% YoY to $27.42B, vs. $26.8B est.  —  Apple continued to drive double-digit growth in its Services business, which increased revenue 13.3% to $27.42 billion for the June 2025 quarter — a new quarterly record.
Annie Palmer / CNBC:
Amazon reports Q2 ad revenue up 23% YoY to $15.7B, vs. $14.9B est., and subscription services revenue up 12% YoY to $12.2B  —  Amazon one-day stock chart  — CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices
Todd Spangler / Variety:
Roku reports Q2 revenue up 15% YoY to $1.11B, vs. $1.07B est., a net profit of $10.5M, and Platform segment sales up 18% to $976M  —  Roku exceeded forecasts for the second quarter of 2025, with the streaming platform company turning in better-than-expected 15% top-line growth — and, in a surprise, a quarterly profit.
BBC:
In the UK, X and Reddit are blocking wide-ranging content, including about parliamentary debates, Ukraine, and Gaza, to comply with the Online Safety Act  —  Social media companies are blocking wide-ranging content - including posts about the wars in Ukraine and Gaza - in an attempt to comply …
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 9:55 AM ET, August 2, 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: 
Anne VanderMey / Bloomberg:
How VCs are changing the way people learn about the tech industry, through a sprawling media ecosystem consisting of podcasts, newsletters, and streaming shows
 Earlier Picks: 
Sara Merican / Deadline:
Ampd: premium VOD added 1.5M net new subscribers in Q2 in Indonesia, Malaysia, Philippines, Singapore and Thailand; Netflix, Viu and iQiyi drove 60%+ of growth
Discussion: WORLD SCREEN and Variety
Tom Jones / Poynter:
Washington Post sports columnist Sally Jenkins accepts a buyout and will be joining The Atlantic as a staff writer
Sara Fischer / Axios:
Dotdash Meredith rebrands to People to capitalize on the brand equity of its most popular and recognizable title
 

 
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
 
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