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2:45 PM ET, September 26, 2025

Mediagazer

 Top News: 
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 …
RELATED:
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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 …
Associated Press:
Trump signs an EO declaring that a proposed deal allowing TikTok to continue operating in the US will be a qualified sale that meets national security concerns
Jonathan Vanian / CNBC:
Trump says Xi Jinping approved the TikTok deal, and JD Vance says the transaction values TikTok US at $14B; ByteDance hasn't acknowledged the deal
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.
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.
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 …
Matthew Leake / Reuters Institute:
An interview with Dzaky Putra, editor-in-chief of Indonesian political news outlet WIUI, which shares news with its Gen Z audience using a casual tone and memes  —  Following the biggest protests in decades, the editor-in-chief of ‘What Is Up, Indonesia?’ explains how the ‘not yet official’ news site doubled its following in a year
Jacob Judah / MIT Technology Review:
How inaccurate AI translations of Wikipedia pages, which AI models use for training, may cause a doom spiral that further marginalizes vulnerable languages  —  When Kenneth Wehr started managing the Greenlandic-language version of Wikipedia four years ago, his first act was to delete almost everything.
 
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 More News: 
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
Blake Brittain / Reuters:
A US federal judge preliminarily approves Anthropic's $1.5B copyright settlement with authors
 Earlier Picks: 
Andrew Marchand / The Athletic:
Sources: Netflix will stream MLB's Opening Day game between the Yankees and the Giants in 2026, as part of a new three-year agreement with the streamer
Todd Spangler / Variety:
Paramount Skydance Names Makan Delrahim, formerly head of the DOJ's antitrust division during President Trump's first term, as chief legal officer
 

 
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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