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9:25 AM ET, August 19, 2025

Mediagazer

 Top News: 
Kritika Lamba / Reuters:
Nexstar agrees to acquire Tegna for $3.54B in a deal valued at $6.2B including debt, expected to close by H2 2026; Nexstar plans to pay $22 per share  —  Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better …
Brian Steinberg / Variety:
Memo: Mark Lazarus, who will run NBCUniversal spinoff Versant as its founding CEO, says MSNBC will become MS Now, or My Source for News Opinion and the World  —  In the media business, at least, breaking up can still be hard to do.  —  MSNBC will have to take a new name in months to come …
RELATED:
Alex Sherman / CNBC:
NBCUniversal changed MSNBC's name “to accelerate the distinction between MSNBC and NBC News”; MSNBC has been undergoing aggressive hiring for ~100 new positions  —  MSNBC will change its name later this year and drop the storied peacock image from its branding …
CNN:
Filing: Newsmax agreed to pay Dominion Voting Systems $67M to settle a defamation lawsuit over false claims about the 2020 election, with $27M due this month  —  Egregious lies about the 2020 presidential election are going to cost Newsmax $67 million.  —  To avert a high-stakes trial …
RELATED:
Newsmax:
Newsmax says its 2020 election coverage was “fair” but it settled with Dominion as the Delaware court where the trial was to happen wouldn't allow a fair trial  —  BOCA RATON, Fla. - Newsmax Media, Inc. announced today it has reached a settlement agreement with Dominion Voting Systems …
Max Tani / Semafor:
A group of left-leaning writers led by Jerusalem Demsas launch The Argument, an outlet to counter the populist right and boost liberal ideas, with $4M backing  —  The Scoop  —  A group of left-leaning writers and journalists are starting a new publication on Monday aimed at arguing in favor …
Benjamin Mullin / New York Times:
The Knight Foundation, the Ford Foundation, and others unveil the Public Media Bridge Fund, providing $26.5M+ to help CPB radio and TV stations avoid closure  —  Maribel Pérez Wadsworth, the president and chief executive of the Knight Foundation.Moriah Ratner for The New York Times
Charlotte Tobitt / Press Gazette:
GB News plans to launch a DC bureau with live programming starting in September, including “The Late Show Live from DC”, and aims to hire a US political editor  —  GB News says it marks “huge moment” with US expansion.  —  Update 19 August: GB News has announced its presenter Ben Leo …
Discussion: GB News and @josiah.writes.news
Katelyn Chedraoui / CNET:
Google says users created 100M videos using its AI filmmaking tool Flow since its May launch; Flow leverages Veo 3 and focuses on maintaining visual consistency  —  Google confirmed the 100 million milestone exclusively to CNET.  Here's what's coming next for Flow and its AI-assisted creators.
Lucas Shaw / Bloomberg:
Sources: YouTube has inquired about buying the rights to the Oscars; the show will air on ABC through at least 2028  —  Can Google convince Hollywood's most famous awards show to bail on TV networks and movie studios?  —  Good afternoon from Los Angeles, wherever you may be.
 
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 More News: 
Alice Brooker / Press Gazette:
City Matters, a free monthly newspaper serving the City of London since 2016, enters voluntary liquidation, citing rising print costs and declining ad revenue
CNN:
The Q&A with Trump and Zelensky on Monday showed how the White House has remade the press pool to evade tough questions and set up Trump's talking points
Reuters:
ESPN and Spike Lee say ESPN will no longer air Spike Lee's docuseries about former NFL quarterback Colin Kaepernick, citing “creative differences”
Bart Barnes / Washington Post:
Jules Witcover, the journalist known for his long-running syndicated column Politics Today co-written with his Baltimore Sun colleague Jack Germond, died at 98
 Earlier Picks: 
Patrick Coffee / Wall Street Journal:
Some brands, like Bilt and Alexis Bittar, are producing scripted social media series that are also marketing campaigns whose focus is brand engagement
Discussion: Marketing Brew and PR Daily
Ben Fritz / Wall Street Journal:
After tax incentives boosted growth, Georgia's film industry is declining due to rising costs; source: Marvel is making most of its upcoming content in the UK
Nikkei Asia:
Chinese streaming giants iQiyi and Tencent are gaining on Netflix in Southeast Asia via original productions, free services with ads, and low-fee subscriptions
Discussion: Reuters
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI
 
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