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7:05 PM ET, August 6, 2025

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 Top News: 
Todd Spangler / Variety:
Disney says it is “fully integrating” Hulu into Disney+, plans to launch a “unified” Disney+ and Hulu app in 2026 and migrate Hulu's live TV subscribers to Fubo  —  Hulu will replace the Star brand on Disney+ internationally this fall
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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.
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Lillian Rizzo / CNBC:
Disney plans to launch its new flagship sports streaming service ESPN on August 21 for $29.99 per month or $35.99 per month when bundled with Disney+ and Hulu
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
Liz Reid / The Keyword:
Google says total organic click volume from Search to websites has been “relatively stable” YoY and it's sending “slightly more quality clicks” than a year ago  —  We continue to send billions of clicks to the web every day and are committed to prioritizing the web in our AI experiences in Search.
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 …
Mike Florio / NBCSports.com:
The ESPN-NFL deal will require US regulatory approval, giving President Trump the kind of leverage he seemingly exercised in the 60 Minutes settlement  —  It was a footnote to the reporting regarding a deal being done.  It could, in time, become a headline.
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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
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.
Katie Robertson / New York Times:
The New York Times reports 11.88M subscribers in Q2, total revenue up 9.7% YoY to $685.9M, and adjusted operating profit up 28% YoY to $133.8M; NYT jumps 15%+  —  The company added 230,000 digital-only subscribers in the second quarter.  It now has 11.88 million total subscribers.
Scott Nover / Washington Post:
NPR is offering $8M in “fee relief” to stations that relied on federal funding for 10%+ of their budgets and negotiating to take over music rights management  —  Katherine Maher is leading the public radio organization and member stations through their biggest crisis in decades, but she thinks they'll weather it.
Ian Walker / Wall Street Journal:
The UK CMA clears Omnicom's $13B acquisition of rival Interpublic after launching an investigation into the deal on June 23; the FTC cleared the deal on June 25  —  The watchdog had been considering whether the deal would lead to a substantial lessening of competition
Clyde Haberman / New York Times:
Longtime WNYC radio talk-show host Leonard Lopate, who was fired in 2017 for inappropriate behavior that he vehemently denied, died on Tuesday at 84  —  He mastered the art of the interview over 32 years on public radio, at WNYC.  He was fired in 2017 amid allegations of sexual harassment, which he vehemently denied.
Discussion: @pescami
 
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 More News: 
Bloomberg:
Sources: Chinese streamer iQiyi is seeking to raise $300M in a Hong Kong IPO later in 2025; the Baidu-owned company went public in the US in 2018
Emanuel Maiberg / 404 Media:
Wikipedia editors adopt a policy giving administrators the authority to quickly delete AI-generated articles that meet certain criteria, like wrong citations
 Earlier Picks: 
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”
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities
 
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