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8:10 AM ET, August 12, 2025

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 Top News: 
Alex Sherman / CNBC:
Paramount acquires the US rights to UFC for $7.7B over seven years, beginning in 2026, making all 43 annual live events available exclusively on Paramount+  —  Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group's UFC for seven years, beginning in 2026.
RELATED:
Financial Times:
As part of the Paramount-UFC deal, premium fights will be available for free to Paramount+ subscribers, ending the pay-per-view model present on ESPN  —  Agreement with mixed martial arts promoter is the largest since David Ellison took charge of Hollywood studio
Lucas Shaw / Bloomberg:
Paramount plans to show select UFC live events on CBS and will explore buying international rights in the future as they become available
Dade Hayes / Deadline:
Fox and ESPN plan to launch a bundle of their upcoming streaming services, Fox One and ESPN respectively, on October 2 for $39.99 per month  —  Fox One, which brings together sports, news and entertainment from across Fox's broadcast and cable channels, and ESPN's dramatically beefed-up direct …
RELATED:
Abid Rahman / The Hollywood Reporter:
HBO Max and Asian streamer Viu announce a bundle with both services in Indonesia, Malaysia, the Philippines, Singapore, and Thailand, set to launch in Q4 2025  —  The offer will launch in Q4 2025 and be available in Indonesia, Malaysia, the Philippines, Singapore and Thailand.
Jay Peters / The Verge:
Reddit says it will block the Internet Archive from indexing most of its pages after it caught AI companies scraping its data from the Wayback Machine  —  The company says that AI companies have scraped data from the Wayback Machine, so it's going to limit what the Wayback Machine can access.
Andrew Deck / Nieman Lab:
The Yomiuri Shimbun, Japan's largest newspaper by circulation, sues Perplexity, alleging unauthorized reproduction of its articles, and seeks $14.7M in damages  —  The Yomiuri Shimbun, Japan's largest newspaper by circulation, has sued the generative AI startup Perplexity for copyright infringement.
Nicole Sperling / New York Times:
Netflix and Archewell Productions, the company of Prince Harry and Meghan Markle, sign a new deal; source: it is worth less for the royals than their last deal  —  The streaming giant signed a new deal with the production company for the Duke and Duchess of Sussex that is much less extensive than an earlier arrangement.
Daniel Kaplan / The Hollywood Reporter:
Kevin Durant's Boardroom, a site focused on athletes and other entertainers, plans to launch a print magazine this month, with quarterly issues starting in 2026  —  The company run by Rich Kleiman is testing the waters with a U.S. Open-themed cover feature in August and plans to publish quarterly beginning in 2026.
Matthew Keys / TheDesk.net:
Hub survey: 42% of Americans say they were more likely to keep subscribing to a streaming bundle over an individual app; only 14% say they were less likely  —  Consumers are more likely to keep paying for a streaming app if they can bundle it with others at a low price point.
Discussion: TV Tech
Naman Ramachandran / Variety:
Tencent Music reports Q2 revenue up 17.9% YoY to $1.18B, music services revenue up 26.4% YoY to $957M, and music subscription revenue up 17.1% YoY to $611M  —  Tencent Music Entertainment Group, China's dominant online music and audio platform, reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year.
 
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 More News: 
Matthew Keys / TheDesk.net:
Sinclair's board authorizes a strategic review for its broadcast business and will consider separating its Ventures division, which includes the Tennis Channel
Raquel ‘Rocky’ Harris / The Wrap:
Crunchyroll partners with Delta Airlines to offer over 2,000 anime titles on more than 169,000 seatback screens later in 2025
Dan Kennedy / Media Nation:
The Associated Press plans to end its weekly book reviews, beginning September 1, citing low audience engagement, but will continue to cover books as stories
Sam Tobin / Reuters:
A UK judge dismisses Wikimedia's Online Safety Act challenge over requiring Wikipedia to verify users and contributors' IDs, but says it can file new challenges
Charlotte Tobitt / Press Gazette:
Future launches a Tom's Hardware premium membership for £51 per year, as the UK publisher aims to diversify its revenue beyond ads and e-commerce
Discussion: Tom's Hardware and r/hardware
Will Bunch / The Philadelphia Inquirer:
LAPD officers struck and injured UK photojournalist Nick Stern twice while he was covering LA immigration protests, and assaulted multiple other journalists
 Earlier Picks: 
Al Jazeera:
Al Jazeera journalists Anas al-Sharif and Mohammed Qreiqeh and three colleagues have been killed in an Israeli attack on a tent housing journalists in Gaza City
Discussion: Committee to Protect …, U2.com, New York Times, The Guardian, BBC, Variety, CNN, Sky News, Columbia Journalism Review, Music Ally, ABC, Zeteo, The Free Press, Poynter, Australian Financial Review, The Times of Israel, @liamthorp.bsky.social, 9News, @brianstelter, Mondoweiss, Truthout, Adweek, Axios, @arutzsheva_en, ZeroHedge News, @manasipathak_, @pressfreedom.bsky.social, Writers Without Money, @muhammadshehad2, Crikey, LewRockwell, New York Sun, Mother Jones, JURISTnews, @ryangrim, @saulstaniforth, Drop Site News, @kehyslop.bsky.social, PBS NewsHour, Breitbart, Media Nation, CBS News, Financial Times, Mediaite, Time, NBC News, National Union of Journalists …, The Hill, WHDH-TV, UPI, Wall Street Journal, @jonathan-cook.bsky.social, @brenttoderian.bsky.social, Mirror, HuffPost, Reuters, @ingridrobeyns.bsky.social, @sanasaeed, @lailaalarian, @alexcrawfordsky, @malsaafin, @nesrinemalik, @dropsitenews, @sanasaeed, @mosababutoha, @lalarian, @ytirawi, @malsaafin, @treyyingst, @sanasaeed, @sanasaeed, @myhlee.bsky.social, @northwestbylines.co.uk, @onemoregoodman.bsky.social, @conniewalker.bsky.social, @peterhowitt.bsky.social, @trumpsatwit.bsky.social, @jayapal.house.gov, @karenattiah.bsky.social, @darkskylady.bsky.social, @MissConstrue@mefi.social, @chelseaeharvey.bsky.social, Jeff Jarvis on LinkedIn, @matthewjkuiper.bsky.social, @ashtonpittman.bsky.social, @brian-goldstone.bsky.social, @joolia.bsky.social, @markjacob.bsky.social, @lorak.bsky.social, Jodie Ginsberg on LinkedIn, @deanobeidallah.bsky.social and @meganotoole.bsky.social
Charlotte Klein / The Cut:
How former Food52 executive Shannon Muldoon stole $270,000+ from Food52 between 2021 and 2023 by using the company's credit card for luxury clothing and travel
Todd Spangler / Variety:
Disney's merging of Hulu into Disney+ could reduce operating costs, as Hulu will hit $4.1B in programming expenses and $2.9B in non-programming costs in FY 2025
Discussion: @tvgrimreaper
WyoFile:
Wyoming newspaper owners and staffers are scrambling to save local papers, after Illinois-based News Media Corporation announced their immediate closure
 

 
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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