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5:55 PM ET, August 11, 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.
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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.
Discussion: Committee to Protect …, U2.com, New York Times, BBC, CNN, The Guardian, Variety, Zeteo, ABC, The A.V. Club, @pressfreedom.bsky.social, Poynter, Adweek, Reuters, Time, ZeroHedge News, NBC News, MSNBC, Associated Press, New York Sun, Truthout, Mother Jones, @malsaafin, @lalarian, @liamthorp.bsky.social, WHDH-TV, @brenttoderian.bsky.social, @MissConstrue@mefi.social, Le Monde, @onemoregoodman.bsky.social, 9News, Financial Times, @brianstelter, @ytirawi, @malsaafin, @jayapal.house.gov, @myhlee.bsky.social, @arutzsheva_en, Media Nation, @karenattiah.bsky.social, @alexcrawfordsky, @manasipathak_, @chelseaeharvey.bsky.social, Writers Without Money, @nesrinemalik, @treyyingst, Informed Comment, UPI, Wall Street Journal, CBS News, @matthewjkuiper.bsky.social, @darkskylady.bsky.social, @trumpsatwit.bsky.social, @conniewalker.bsky.social, @mosababutoha, @jonathan-cook.bsky.social, @ryangrim, @dropsitenews, @ashtonpittman.bsky.social, Breitbart, @northwestbylines.co.uk, @saulstaniforth, Mirror, @sanasaeed, Jeff Jarvis on LinkedIn, Global News, @sanasaeed, @peterhowitt.bsky.social, @sanasaeed, @lailaalarian, @sanasaeed, @ingridrobeyns.bsky.social, @brian-goldstone.bsky.social, The US Sun, The Sun, National Union of Journalists …, Mediaite, Newsweek, @joolia.bsky.social, @markjacob.bsky.social, The Wrap, @lorak.bsky.social, Jodie Ginsberg on LinkedIn, @deanobeidallah.bsky.social, @meganotoole.bsky.social, Deadline, The Hill, HuffPost, Washington Examiner, Fox News and Politico
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 …
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.
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  —  Terrible news from The Associated Press.  Media Nation correspondent J.A. passes along this note from Anthony McCartney, the AP's global entertainment and lifestyle editor.
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  —  Future plc is testing a membership model on tech brand Tom's Hardware in a significant expansion of its online paid content efforts.
Discussion: Tom's Hardware and r/hardware
 
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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
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
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%+
 

 
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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