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11:50 AM ET, August 14, 2025

Mediagazer

 Top News: 
Nellie Andreeva / Deadline:
Paramount DTC Chair Cindy Holland says Paramount+ is now open to buying third party content, reminiscent of Holland's strategy when she was at Netflix  —  At a Los Angeles press event on Wednesday, new Paramount CEO David Ellison touted the move to empower Paramount+ team …
Discussion: Media Play News and Collider
RELATED:
Matt Donnelly / Variety:
Paramount's streaming head Cindy Holland says streaming movies are “not a priority”, as CEO David Ellison says debate on value of theatrical releases is “over”  —  The leadership team at Skydance's Paramount have no interest in playing the original streaming movies game …
James Rogers / MarketWatch:
Paramount Skydance's shares jumped 36.7% on August 13, and trading volume exploded; CNBC's Jim Cramer called the stock a meme stock earlier in the day
Cynthia Littleton / Variety:
Paramount Skydance CEO David Ellison says BET Networks is no longer for sale and he plans to operate the new company with Paramount's assets intact
Scott Nover / Washington Post:
The GAO launches a probe into USAGM for potential overreach; sources say congressional staffers warned Kari Lake that she illegally used appropriated funds  —  As Trump lieutenant tells a federal judge she is following the law in dismantling the international broadcasting agency …
RELATED:
David Folkenflik / NPR:
A look at the disputes over Kari Lake's official title and power at USAGM, as she uses the title of acting CEO while lawsuits challenge her status
Neel Dhanesha / Nieman Lab:
CPB's closure threatens tribal radio and TV stations, endangering critical services like emergency alerts in areas lacking broadband or reliable cell service  —  “These stations are not just media outlets, they are cultural infrastructure.”  —  In the most remote parts of Alaska …
Discussion: The Guardian
Naman Ramachandran / Variety:
Ampd: South Korea's premium VOD revenue hit $1.1B in H1 2025, with paid subscriptions up 1.5M to 24.5M; Netflix has 8.2M subscribers and ~50% of the market  —  The Korean streaming wars are heating up.  New data shows the country's premium video-on-demand sector reached $1.1 billion …
Discussion: WORLD SCREEN
Caitlin Huston / The Hollywood Reporter:
Tubi expands its partnerships with MrBeast and other creators, and hires former TikTok executive Kudzi Chikumbu as VP of creator partnerships  —  The company has also hired TikTok executive Kudzi Chikumbu to manage partnerships with creators on the platform.
Jessica Yellin / The Atlantic:
A former CNN correspondent discusses the challenges facing “evidence-based creators”, journalists doing original reporting primarily on social media platforms  —  Truth is still alive on social media—but it's not easy enough to find.  —  There's a quiet revolution in how millions of Americans decide what's real.
Discussion: @andria.bsky.social and Mashable
Alex Weprin / The Hollywood Reporter:
How the NFL changed its streaming strategy as the TV landscape shifted; in a first, every NFL game will be available on streaming by the end of August  —  The league isn't content to be a ratings juggernaut for partners.  As it takes equity in ESPN and Paramount Skydance, it's muscling into Hollywood's end zone.
Discussion: Awful Announcing
Brooks Barnes / New York Times:
A look at MicroCo, a Hollywood startup aiming to tap into the micro drama craze, as Chinese apps gain US traction with millions of downloads, per Sensor Tower  —  A new app will focus on super-short TV shows shot for phones, a bit like Quibi, an earlier app aimed at quick content.  —  Remember Quibi?
Todd Spangler / Variety:
Paramount investor Mario Gabelli sues Shari Redstone's National Amusements, claiming NAI received “unfair and inequitable” terms in the Skydance merger  —  Now his investment firm has officially taken the matter to court.  —  On Wednesday, Gabelli's GAMCO filed a lawsuit …
 
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 More News: 
Vivian Nguyen / Crypto Briefing:
Justin Sun sues to block Bloomberg from publishing details of his crypto holdings that he had divulged “confidentially” to be included in its Billionaires Index
Trip Gabriel / New York Times:
Leonard Tow, a cable TV and telephone company magnate and philanthropist who supported journalism and the arts, dies at 97
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
The UK's Reach is hiring an overnight team in Australia for the first time to deliver “what UK news audiences want to see”, following its expansion in the US
Discussion: PR Week UK
Bloomberg:
Shares of CoinDesk owner Bullish jumped 143% to $90 in its NYSE debut, up from its IPO price of $37; sources say the IPO was more than 20 times oversubscribed
Ben Raab / Wall Street Journal:
A look at social media “clippers”, who are paid $0.50 to $2 per thousand views by streamers, podcasts, and startups to make buzzy moments go viral online
Discussion: AdExchanger
 

 
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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