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4:20 AM ET, August 9, 2025

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Nexstar, which owns or partners with over 200 TV stations, is in advanced talks to acquire Tegna, which has 64 TV stations; TGNA rises 30%+ after hours  —  A deal between Nexstar and Tegna could be a litmus test for the FCC's deregulation push
Brian Stelter / CNN:
Paramount Skydance CEO David Ellison praises South Park creators, noting the show's profitability for Paramount, even as the show mercilessly skewers Trump  —  Paramount's new CEO doesn't seem to think he has a “South Park” problem.  —  Rather, David Ellison sees the animated show as part …
RELATED:
Matt Novak / Gizmodo:
FCC Commissioner Anna Gomez says Paramount-Skydance agreed to “never-before-seen forms of government control over newsroom decisions” through a “truth arbiter”  —  Anna Gomez says the new company is “born in shame.” … It's official.
Erik Hayden / The Hollywood Reporter:
In a press conference, Paramount Skydance execs emphasize better tech, deflect questions on recent controversies, and put off layoff questions until November
Brian Stelter / CNN:
Paramount Skydance CEO David Ellison visited CBS News early Thursday, expressing admiration for the news division and acknowledging recent stresses
Ashley Belanger / Ars Technica:
Two tech groups are backing Anthropic's appeal of a court ruling allowing a copyright class action, saying potential big settlements could chill AI investment  —  AI industry groups are urging an appeals court to block what they say is the largest copyright class action ever certified.
Peter White / Deadline:
Stephen Colbert, whose late show is scheduled to end on CBS in May 2026, directly pitches Netflix and Amazon during his last show before a summer break  —  The Late Show with Stephen Colbert is ending in May but the host is already courting new employers.  —  Colbert, who is off for a few weeks …
GB News:
GB News launches on Truth+, Trump Media's streaming TV platform, as part of the free basic package  —  GB News has today embarked on an exciting new venture in the US after launching onto Truth+.  —  The sister platform to Truth Social announced today that it has added the People's Channel to Truth+ …
Stuart Dredge / Music Ally:
A district court judge throws out SoundExchange's 2023 suit against SiriusXM, which had argued SoundExchange doesn't have the right to litigate royalty disputes  —  - Click to email a link to a friend (Opens in new window) Email  —  Two years ago, SoundExchange sued US satellite-radio firm SiriusXM …
Alex Weprin / The Hollywood Reporter:
Byron Allen's Allen Media Group agrees to sell 10 local TV stations, mostly in the South and Midwest, to Gray Media in a $171M deal expected to close in Q4  —  The mogul put his stations on the market back in June. … The comedian turned media mogul's company Allen Media Group …
Jon Brodkin / Ars Technica:
Advocates for net neutrality say they won't appeal a ruling against the policy, saying they don't trust the US Supreme Court to rule fairly on the issue  —  Advocacy groups that tried to defend federal net neutrality rules in court won't file an appeal, saying they don't trust the Supreme Court to rule fairly on the issue.
 
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 More News: 
Ryan Vlastelica / Bloomberg:
Trade Desk's stock drops 35%+ after the company's latest earnings and projections heightened concerns about its growth prospects amid Amazon's ad-tech threat
 Earlier Picks: 
Vox Media Union:
Vox Media's union says 15 members working at Eater were told without warning that their jobs were being cut, eliminating roughly a third of Eater's union jobs
Katcy Stephan / Variety:
Disney and Lucasfilm settle with Gina Carano, who sued for discrimination over her firing from The Mandalorian after she shared controversial social media posts
 

 
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

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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