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5:15 PM ET, September 26, 2025

Mediagazer

 Top News: 
Todd Spangler / Variety:
Nexstar returns Jimmy Kimmel Live! to its stations and says its decisions were “independent of any external influence from government agencies or individuals”  —  Jimmy Kimmel is coming back nationwide on ABC stations across the U.S.  —  TV station group Nexstar said it will resume airing …
RELATED:
Lillian Rizzo / CNBC:
Sinclair says it will return Jimmy Kimmel Live! to its ABC affiliate broadcast stations today  —  Sinclair is returning “Jimmy Kimmel Live!” to its ABC affiliate broadcast stations beginning Friday, the company said in a statement.  —  The announcement comes three days …
Daniel Arkin / NBC News:
Sinclair asked ABC to hire an ombudsman, and says its decision to take down Jimmy Kimmel's program “was independent of any government interaction or influence”  —  The company, which operates 30 ABC affiliates, insisted that its “decision to preempt this program was independent of any government interaction or influence.”
Bloomberg:
Sources: ByteDance may get ~50% of TikTok US' overall profit, including a licensing fee of 20% of revenue, despite selling majority ownership to US investors  —  TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership …
RELATED:
Bloomberg:
The Trump administration's $14B valuation of TikTok's US business falls well below previous estimates of around $40B, considered a bargain by investors  —  The $14 billion valuation that the Trump administration has estimated for TikTok's US business falls well below projections …
Dylan Butts / CNBC:
China and its media are quiet about the TikTok deal, a notable silence as China can still decide the app's fate; Chinese social media chatter has been limited  —  Following U.S. President Donald Trump's approval of a deal that could keep TikTok alive in the U.S. on Thursday …
Benjamin Mullin / New York Times:
The Daily Caller's editor at large wrote a column calling for violence against progressive activists and “blood in the streets”; the EIC defended the column  —  The column, by editor at large Geoffrey Ingersoll, calls for “blood in the streets” in response to violence against conservatives.
Nellie Andreeva / Deadline:
Memo: Chris Rice steps down as co-CEO of Fifth Season, the production company behind Severance; Graham Taylor will be sole CEO, and Rice will remain an adviser  —  A 15-year partnership is coming to an end.  Chris Rice will be leaving his post as co-CEO of Fifth Season.
Bloomberg:
Meta plans to launch paid, ad-free versions of Instagram and Facebook in the UK, each costing £2.99 per month on the web, and £3.99 on iOS and Android  —  Meta Platforms Inc. will soon offer paid versions of Facebook and Instagram in the UK that will remove advertising from both platforms.
Alex Ritman / Variety:
Internal memo: Pam Kaufman, the head of Paramount's international business and a longtime studio veteran, is leaving the company after almost 30 years  —  According to sources, Kaufman will be stepping back from her current position as president and CEO of international markets …
 
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Sara Fischer / Axios:
NBCUniversal warns customers that its networks may be dropped from YouTube TV if the two parties cannot reach a new distribution agreement by September 30
Juby Babu / Reuters:
Meta rolls out Vibes, a platform where users can create and share short-form, AI-generated videos, in the Meta AI app and on the meta.ai website
 

 
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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