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2:55 PM ET, September 17, 2025

Mediagazer

 Top News: 
David Folkenflik / NPR:
Sources: NPR aims to trim $5M over the fiscal year starting Oct. 1 to balance its $300M annual budget but doesn't anticipate layoffs or major programming shifts  —  NPR executives are scanning the horizon for storm clouds even as they are planning a stand-pat budget for the upcoming fiscal year …
Oliver Darcy / Status:
A memo from Business Insider EIC Jamie Heller outlines the outlet's AI rules, permitting staffers to use ChatGPT for research and writing first drafts  —  On Thursday afternoon, Business Insider staffers received a long-awaited memo from editor in chief Jamie Heller, outlining …
Ivan Mehta / TechCrunch:
Google updates its Search app's Discover page to let users follow specific publishers and creators; it plans to add YouTube Shorts and X and Instagram posts  —  Google announced on Wednesday that it's updating the Discover page in its flagship Search app to allow you to follow specific publishers …
Bloomberg:
Sources: Reddit is in early talks with Google to deepen integration of its content into Google's AI products, beyond its $60M data-sharing deal signed in 2024  —  - Moving past a dollars-for-data model, Reddit seeks new deals  — The social platform looks to bring new users into its forums
Wall Street Journal:
Sources: under the US-China framework, a US investor consortium that includes Oracle, Silver Lake, and a16z would hold an ~80% stake in TikTok's US business  —  Oracle, Silver Lake and Andreessen Horowitz are part of consortium that would control 80% stake  —  TikTok's U.S. business …
RELATED:
Bloomberg:
Trump extends the deadline for ByteDance to divest TikTok's US operations until December 16, the fourth such extension; a deal is expected to be finalized soon
Alex Weprin / The Hollywood Reporter:
MSNBC's SVP of newsgathering, Scott Matthews, outlined key dates in the network's split from NBC News, leading to a full separation by the end of October  —  After nearly 30 years of sharing resources and editorial staff, the soon-to-be-renamed MS NOW will begin operating its own news operation Oct. 6.
Sian Cain / The Guardian:
An interview with Tom Holland and Dominic Sandbrook, hosts of The Rest Is History podcast, which gets 15M downloads a month and has roughly 80K paid subscribers  —  Tom Holland and Dominic Sandbrook on storytelling, their strangest interactions with fans and bonding over The Lord of the Rings
Patrick Coffee / Wall Street Journal:
Amazon debuts a chatbot-style assistant to help advertisers use AI to make ads, which can run across Amazon's ad inventory and platforms that have Amazon deals  —  The biggest names in tech are racing to make advertising easier, especially for small businesses and consumer goods companies
Financial Times:
Source: RedBird IMI has scrapped plans to acquire the production arm of ITV; Jeff Zucker says RedBird IMI is reluctant to invest in England due to regulations  —  Boss of Abu Dhabi-backed group gives gloomy assessment of UK regulatory environment  —  RedBird IMI has scrapped plans to acquire …
Discussion: Telegraph, Reuters and Deadline
Maria Bustillos / Columbia Journalism Review:
Business consolidation of the intermediaries that control book distribution, especially e-books, could be a larger threat to books than recent bans in the US  —  Access to e-books relies entirely on private distributors that have the power to shut them off at any moment.
Matthew Keys / TheDesk.net:
Sources: 18 employees at Nexstar-owned The Hill were either laid off or accepted buyout offers this week; six were editorial staffers represented by the CWA  —  Nexstar Media Group has issued pink slips and offered buyouts to more than a dozen journalists at its political affairs publication The Hill, The Desk can confirm.
Discussion: @matthewkeys.net
 
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 More News: 
Hunter Schwarz / Fast Company:
LimeWire, which began as a music sharing service and pivoted to serving as an NFT marketplace, bought Fyre Festival's IP and social media accounts for $245,300
Lukas I. Alpert / MarketWatch:
Robert Redford's Sundance Film Festival transformed how Hollywood does business, creating a pipeline for independent films to be shown around the world
Justin Baragona / The Independent:
Some CBS News staffers say Paramount's David Ellison has lost the trust of the newsroom; some call him a liar because he said he wouldn't “politicize” Paramount
 Earlier Picks: 
Max Goldbart / Deadline:
The UK's Channel 4 purchases a majority stake in a production company, Firecrest Films, for the first time; it will now be able to own British IP
Ross A. Lincoln / The Wrap:
Report: Rolling Stone has laid off some staff, including executive digital director Lisa Tozzi, chief TV critic Alan Sepinwall, and copy chief Steve Pearl
Lauren Forristal / TechCrunch:
YouTube unveils new livestreaming features, including letting creators transition between public and members-only streams, and ads that run next to the stream
Sarah Perez / TechCrunch:
YouTube announces AI tools for podcasters, including one that turns video podcasts into clips and another that creates video for audio-only podcasts
 

 
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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