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9:35 PM ET, October 23, 2025

Mediagazer

 Top News: 
Alex Sherman / CNBC:
Disney is alerting viewers that its networks, including ABC and ESPN, could go dark on YouTube TV if the two sides don't reach a deal by 11:59pm ET October 30  —  Just a month after reaching an agreement with NBCUniversal to avoid dropping its networks, YouTube TV has another potential blackout on its hands — this time with Disney.
RELATED:
New York Times:
In a letter, David Ellison told the WBD board that Paramount was WBD's only viable suitor, as offers from bigger companies would invite regulatory scrutiny
Lucas Shaw / Bloomberg:
Source: WBD plans to require potential bidders to sign NDAs before it shares sensitive financial data; sources say Amazon and Apple have shown an interest
Joe Flint / Wall Street Journal:
Former movie executive Bill Block launches GammaTime, a microdrama platform with more than 20 shows, with $14M in seed funding  —  Hollywood's next big bet is small—very small.  Traditional studios and startups are jumping on the microdrama bandwagon that has swept through China and is making inroads in the U.S. and elsewhere.
RELATED:
Janko Roettgers / The Verge:
Microdrama platforms borrow aggressive, user-hostile monetization and retention tactics from free-to-play mobile gaming to fuel in-app purchases and ad revenue
Discussion: BBC
Brian Steinberg / Variety:
TelevisaUnivision reports Q3 revenue down 3% YoY to $1.3B and $90.5M net income, down from $190.3M YoY; subscription and licensing revenue rose 3% YoY to $493M  —  Spanish-language giant TelevisaUnivision said third-quarter profit declined as the company continued its efforts to streamline operations …
Kendra Barnett / Adweek:
WPP rolls out WPP Open Pro, a self-serve version of WPP Open, its AI-powered marketing platform that helps marketers build campaigns and develop creative assets  —  WPP Open Pro is a new push from the holdco to expand vertical and horizontal integration of its flagship AI platform.
Marine Doux / Columbia Journalism Review:
Meta's removal of all ads on “political, electoral, and social issues” in response to an EU law has swept up thousands of promotional posts from news outlets  —  When outlets depend on a single platform, what works to reach readers today can vanish tomorrow.  —  Read this article in French in Médianes.
Discussion: MediaNama
Sarah Scire / Nieman Lab:
MuckRock and Sunlight Research Center merge; Sunlight provides training, tools, and support for investigative reporting, with a focus on local news  —  A merger between MuckRock and Sunlight Research Center will help slimmed-down newsrooms investigate local governments, public officials, and more.
Najat Kantouar / Wall Street Journal:
AI creative studio Wonder Studios, backed by OpenAI and Google DeepMind execs, raised a $12M seed led by Atomico and aims to release its first content in 2026  —  The funds will double the company's engineering team and accelerate a push into intellectual-property ownership and content production
Wendy Davis / MediaPost:
A divided three-judge panel of the DC appeals court declines to reinstate an FTC subpoena of Media Matters as part of an antitrust probe into ad boycotts  —  A divided federal appellate panel has left in place a temporary order that prohibits the Federal Trade Commission from investigating …
Sam Gutelle / Tubefilter:
Nielsen: viewership of YouTube on TVs in the US inched down from a high of 13.4% in July to 12.6% in September, but still leads other distributors  —  YouTube's ascension on TV screens has been one of the most significant consumer tech storylines of the mid 2020s.
 
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 More News: 
Stephanie Palazzolo / The Information:
Source: Suno hit ~$150M in ARR from subscriptions to its app, up nearly 4x YoY; it has $10 and $30 per month subscription tiers, implying 5M+ subscribers
more at Techmeme »
Natalie Korach / Status:
Sources: WaPo is planning newsroom cuts to the audio, sports, and metro teams, and Opinion Editor Adam O'Neal said WaPo is in “severe financial distress”
James Hibberd / The Hollywood Reporter:
Netflix plans to release the Stranger Things S5 finale in 350 US and Canadian movie theaters at 5pm PT December 31 through January 1 despite previous statements
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
The UK's Observer signs a commercial partnership deal with AI-powered news reader Particle News, joining Time, the LAT, Fortune, and The Atlantic
Charlotte Tobitt / Press Gazette:
B2B travel trade magazine TTG closes its print edition after 72 years to focus on digital and events, which it says account for 45% and 40% of its revenue
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy after reaching a restructuring agreement to hand control to secured lender and key Chinese supplier Shenzhen Picea

Brian Merchant / Blood in the Machine:
Interviews with copywriters on generative AI's impact: job losses to AI, work used for training, falling wages and rates, freelancers losing clients, and more

Washington Post:
How David Sacks and AI adviser Sriram Krishnan overcame the opposition to Trump's AI EO, reaching out to lawmakers and finally modifying the text of the order
 
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