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 …
Discussion:
Media Play News, TV Insider, @variety, Deadline, TrekMovie.com, The Wrap and Deadline
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 …
Discussion:
Raw Story, @karilake, @karilake, @scottnover.bsky.social, @davidfolkenflik, @davidfolkenflik.bsky.social and Daily Mail
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 — By the close of business Wednesday, Trump administration official Kari Lake must explain to a federal judge how she intends to ensure that Voice …
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
Hadas Gold / CNN:
A US judge rules Infowars will go up for sale yet again, paving the way for The Onion to revive its bid for the conspiracy-driven outlet and its assets — Alex Jones' far-right platform Infowars can be sold once again to help pay the more than $1 billion he owes the families …
Discussion:
The Hill, Courthouse News Service, Bloomberg Law, Wall Street Journal and NPR
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.
Discussion:
The Streamable, The Wrap, Streaming Better and Cord Cutters News
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 …
Discussion:
TVNewsCheck, The Hollywood Reporter, Deadline, The Wrap and Business Wire
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 — The 14-page complaint accuses Bloomberg of public disclosure of sensitive financial information and promissory estoppel.
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