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5:20 PM ET, August 11, 2025

Mediagazer

 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  —  - David Ellison closed the deal days after taking over Paramount  — Martial arts league more than doubles its annual rights fees
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  —  Al Jazeera staff killed in targeted Israeli attack on a tent housing journalists near al-Shifa Hospital, Gaza City.
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 …
Lillian Rizzo / CNBC:
Sources: Sinclair is launching a strategic review of its broadcast business that could lead to a merger and is looking to separate or spinoff its Ventures unit  —  Sinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, CNBC has learned.
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; Tegna's stock jumps 28%+  —  A deal between Nexstar and Tegna could be a litmus test for the FCC's deregulation push
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.
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  —  The operator of Wikipedia on Monday lost a legal challenge to parts of Britain's Online Safety Act, which sets tough new requirements …
Ray Schultz / MediaPost:
Letter: MNG Enterprises, controlled by Alden Global Capital, has upped its offer for The Dallas Morning News by $1 to $17.50/share, $2.50 more than Hearst's bid  —  Alden Global Capital's firm, MNG Enterprises, has upped its offer for The Dallas Morning News.
Discussion: Nieman Lab and US Securities …
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.
 
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 More News: 
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
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
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
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
Amy Thomson / Bloomberg:
Martin Sorrell's S4 says it is in early talks to combine with private equity-owned MSQ; S4 has a ~£130M market cap after its stock has declined ~35% in 2025
 Earlier Picks: 
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
Forbes:
A profile of 30-year-old Daniella Pierson, founder of lifestyle newsletter The Newsette, as sources say she's been exaggerating her companies' worth for years
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy after reaching a restructuring agreement to hand control to secured lender and key Chinese supplier Shenzhen Picea

Brian Merchant / Blood in the Machine:
Interviews with copywriters on generative AI's impact: job losses to AI, work used for training, falling wages and rates, freelancers losing clients, and more

Washington Post:
How David Sacks and AI adviser Sriram Krishnan overcame the opposition to Trump's AI EO, reaching out to lawmakers and finally modifying the text of the order
 
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