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2:55 AM ET, August 20, 2025

Mediagazer

 Top News: 
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 …
James B. Stewart / New York Times:
Interviews with Shari Redstone and others detail her decision to sell her family's empire, Paramount's settlement with President Trump, her reputation, and more  —  The media mogul spoke at length for the first time about selling her family's empire, Paramount's settlement with President Trump …
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
Jeremy Barr / Washington Post:
Newly unredacted documents in the Smartmatic-Fox News defamation case show former host Jeanine Pirro, now a US attorney, bragging about aiding Trump and the GOP  —  The former Fox host complained of “CENSORSHIP” by Fox over her coverage of the 2020 election, according to newly unredacted documents in the Smartmatic defamation case.
Jonathan Stempel / Reuters:
Google will pay $30M to settle a class action lawsuit alleging it violated kids' privacy on YouTube by collecting data without parental consent for targeted ads  —  Google (GOOGL.O) will pay $30 million to settle a lawsuit claiming it violated the privacy of children using YouTube by collecting …
Rick Porter / The Hollywood Reporter:
Matt and Ross Duffer officially sign a four-year exclusive deal with Paramount for theatrical films, TV, and streaming projects, starting in April 2026  —  The ‘Stranger Things’ creators will create movie, TV and streaming projects for the studio, with a focus on tentpole films.
Matthew Keys / TheDesk.net:
Sling TV launches Sling Select, a smaller bundle including Fox News, FX, and FS1, for $20/mo in some places and rising to $25-$30 with ABC, Fox, and NBC access  —  Sling TV has added a new low-cost option to its streaming lineup with the launch of Sling Select, a smaller television package …
Mandy Dalugdug / Music Business Worldwide:
TikTok launches Music On Stage 2025, a global contest for artists from 23 regions on TikTok Live; it will promote winners on its distribution platform SoundOn  —  TikTok has launched a new global music competition targeting emerging artists and music creators on TikTok LIVE.
Sara Merican / Deadline:
Chinese media conglomerate COL launches a global content distribution division, offering over 1,000 microdramas in both English and Chinese  —  Chinese media conglomerate COL today announced the launch of its global content distribution division, seeking to become the world's largest reseller of micro-dramas.
Discussion: Variety
 
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 More News: 
Steve Holland / Reuters:
The White House launches an official TikTok account, with the aim of communicating President Trump's policies
Sara Fischer / Axios:
The Spectator, which launched a US print edition in 2019, plans to double its print output in the US to 24 issues annually as part of a relaunch this fall
Hilke Schellmann / Columbia Journalism Review:
Testing AI tools for journalism work: LLMs worked well for short summaries but poorly for long ones, and scientific research tools lacked depth and consistency
 Earlier Picks: 
Sarah Perez / TechCrunch:
Meta rolls out AI-powered voice translations for creators on Facebook and Instagram globally, supporting English-Spanish translations with lip syncing
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
Discussion: @josiah.writes.news
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
 

 
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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