Top News:
Alex Sherman / CNBC:
ESPN signs a deal to show the WWE's biggest live events, including WrestleMania, from 2026; sources say ESPN will pay $325M on average per year for five years — The WWE is coming to ESPN. — The Disney-controlled sports and entertainment business will pay an average of $325 million per year …
Discussion:
Awful Announcing, TVNewsCheck, ESPN Press Room U.S., Variety, Wall Street Journal, Sports Business Journal, City A.M. and NewsMax.com
RELATED:
Wall Street Journal:
The NFL agrees to take a 10% stake in Disney's ESPN in exchange for control over NFL Network, RedZone, and more; analysts estimate ESPN is valued at $25B-$30B — The media giant will take ownership of NFL Network as part of swap valued in the neighborhood of $3 billion
Discussion:
ESPN Press Room U.S., Mediaweek, The Hollywood Reporter, Fox Business, Yahoo Finance, Fortune, Sports Business Journal, That Park Place, Decode TV, Benzinga, NPR, Deadline, Proactive, @matthewberrytmr, Axios, New York Times, Front Office Sports, Bloomberg, Daily Disney News, @drewdisneydude, Bleeding Cool News, Sports Media Watch, The Hill, Media Play News, @kennysmith.bsky.social, Blockchain.News, New York Post, @adamschefter, Awful Announcing, TVNewsCheck, Financial Times, Cord Cutters News, Deadline, Bloomberg, Sportico, NBCSports.com, CNBC, Los Angeles Times, ESPN, WKYC-TV, The Japan Times, The Wrap, Variety and Front Office Sports
Lillian Rizzo / CNBC:
ESPN plans to launch its new flagship streaming service ESPN on August 21 for $29.99/month or $35.99/month when bundled with Disney+ and Hulu — ESPN will launch its new flagship streaming service — also named ESPN — on August 21. — Disney's ESPN has been working on the all-in-one streaming app …
Discussion:
Awful Announcing, TVNewsCheck, The Wrap, Variety, Reuters, ESPN Press Room U.S., The Hollywood Reporter, NBC News and Bloomberg
Harshita Mary Varghese / Reuters:
News Corp reports Q4 revenue up 1% YoY to $2.11B, vs. $2.1B est., and WSJ subscriptions up 7% YoY to 4.5M+ on average, 4.1M+ of which were digital-only — Media conglomerate News Corp (NWSA.O) topped Wall Street estimates for fourth-quarter revenue on Tuesday, driven by steady growth …
Discussion:
Radio Ink, The Times, Mumbrella, Crikey, Wall Street Journal, New York Post, Yahoo Finance, News Corp and Sports Business Journal
RELATED:
Lauren Aratani / The Guardian:
In its Q4 earnings report, News Corp warned President Trump that his books “are being consumed by AI engines which profit from his thoughts” — Company owned by Rupert Murdoch says president's books are ‘being consumed by AI engines which profit from his thoughts’
Discussion:
Telegraph, Sydney Morning Herald, @coolhand.bsky.social, Deadline and Reuters
Todd Spangler / Variety:
Disney says it will no longer report paid subscribers or average revenue per unit for ESPN+ as of its Q4 2025 and for Disney+ and Hulu as of its Q1 2026 — Disney, following in the footsteps of Netflix and others, soon will no longer report the number of subscribers for its Disney+, Hulu and ESPN+ streaming services.
Discussion:
The Wrap, Advanced Television, Deadline, Streaming Better, The Hollywood Reporter and Business Insider
RELATED:
Jill Goldsmith / Deadline:
Disney reports Q3 revenue up 2% YoY to $23.7B, operating income up 8% YoY to $4.6B, streaming revenue of $6.2B, profit of $346M; Disney+ and Hulu hit 183M subs — Total revenue rose 2% for Disney's fiscal third quarter to $23.7 billion, in line to a hair lower than forecasts.
Joshua Benton / Nieman Lab:
A June ranking of the top 25 local public radio/TV websites in the US based on traffic shows MPR at the top, followed by LAist and Oregon Public Broadcasting — They may have been born on the airwaves, but these public media stations compete on the web as well.
Katie Robertson / New York Times:
NYT reports 11.88M subscribers in Q2, total revenue up 9.7% YoY to $685.9M, adjusted operating profit up 28% YoY to $133.8M, and subscription revenue of $481.4M — The company added 230,000 digital-only subscribers in the second quarter. It now has 11.88 million total subscribers.
Discussion:
The Wrap, TVNewsCheck and Reuters
Emanuel Maiberg / 404 Media:
Wikipedia editors adopt a policy giving admins the authority to quickly delete AI-generated articles that meet certain criteria, like incorrect citations — “The ability to quickly generate a lot of bogus content is problematic if we don't have a way to delete it just as quickly.”
Sara Fischer / Axios:
SB Nation redesigns its websites to include community content, part of Vox's broader strategy to recapture engagement and counter AI's impact on search traffic — SB Nation, one of the highest traffic brands within the Vox Media portfolio, has redesigned its website and its dozens …
Charlotte Tobitt / Press Gazette:
Resilience Media, which aims to be the defense tech industry's “publication of record”, adds several ex-TechCrunch staff, including Ingrid Lunden and Matt Burns — Former Techcrunch staffers have joined a new title covering the defence tech industry which has just expanded after a successful fundraising round.
Discussion:
Resilience Media, FinSMEs, Silicon Canals and Tech.eu
Reuters:
Court filings: Indian agencies ordered X to remove ~1,400 posts or accounts from March 2024 to June 2025, as X and Modi's government clash over content rules — In January, an old post on Elon Musk's social media platform, X, became a concern for police in the Indian city of Satara.
Discussion:
@adityakalra, @reuterstech and @munsifv
