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, ESPN Press Room U.S., Reuters, TVNewsCheck, Variety, Wall Street Journal, The Hollywood Reporter, City A.M. and NewsMax.com
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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, Decode TV, Benzinga, NPR, Deadline, Proactive, CNBC, Los Angeles Times, Sportico, @matthewberrytmr, Axios, New York Times, Front Office Sports, Awful Announcing, Bloomberg, Daily Disney News, @drewdisneydude, Bleeding Cool News, Sports Media Watch, The Hill, Cord Cutters News, Financial Times, Sports Business Journal, NBCSports.com, Media Play News, @kennysmith.bsky.social, Blockchain.News, New York Post, Deadline, @adamschefter, Bloomberg, TVNewsCheck, ESPN, WKYC-TV, The Japan Times, The Wrap, Variety and Front Office Sports
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.
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, Crikey, Mumbrella, Wall Street Journal, New York Post, Yahoo Finance and News Corp
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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
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.
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:
Deadline, The Hollywood Reporter and Business Insider
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:
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
Brian Steinberg / Variety:
Fox CEO Lachlan Murdoch says Fox One, a streaming service offering NFL and MLB games, Fox News programs, and more, will debut August 21 at $19.99 per month — The new broadband outlet, a venue that offers Fox Corp.'s Sunday-afternoon NFL games and post-season MLB play along with Fox News programs and more …
Discussion:
Engadget, @matthewkeyslive, nScreenMedia, Fox News, @jbflint, @jbflint, @tvgrimreaper, @tvgrimreaper, Tom's Guide, Straight Arrow News, Business Insider, NBC News, Forbes, UPI, The US Sun, Media Play News, CNBC, @kennysmith.bsky.social, New York Times, The Verge, The Hollywood Reporter, The Streamable, Awful Announcing, TVLine, Multicast News, Fox Corporation, Los Angeles Times, Streaming Better, Adweek, MacDailyNews, Deadline, The Wrap, TVNewsCheck, Oh No They Didn't! and Bloomberg
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