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2:20 PM ET, October 23, 2025

Mediagazer

 Top News: 
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 …
Max Goldbart / Deadline:
BBC Strictly Come Dancing presenters Tess Daly and Claudia Winkleman are leaving at the end of this season after 10+ years; Strictly is the BBC's biggest show  —  Strictly Come Dancing presenters Tess Daly and Claudia Winkleman are exiting at the end of this season.
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  —  Apps like ReelShort and DramaBox have seen strong growth and huge revenue numbers by embracing user-hostile design choices.
RELATED:
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
Tania Myronyshena / The Kyiv Independent:
Journalists Olena Hramova and Yevhen Karmazin of Ukraine's Freedom TV were killed in a Russian drone strike Thursday in Donetsk; Oleksandr Kolychev was injured  —  Freedom TV journalist Olena Hramova and cameraman Yevhen Karmazin were killed in a Russian drone strike on Kramatorsk …
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  —  The Observer has signed a commercial partnership deal with AI-powered news platform Particle News as it ramps up its digital presence as a standalone brand.
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”  —  On Tuesday morning, staffers at The Washington Post received a memo from Executive Editor Matt Murray …
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  —  A letter from Paramount's chief executive, David Ellison, to Warner Bros.' board of directors reveals weeks of talks between the two companies.
RELATED:
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
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  —  You can count the number of breakout consumer AI applications on the fingers of one hand.  There's OpenAI's ChatGPT and...that's about it, at least so far.
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  —  The streamer has confirmed that the hit show's finale will be in theaters after previously seeming to shoot down the idea …
 
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 More News: 
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
 Earlier Picks: 
Alice Brooker / Press Gazette:
The Guardian executive Liz Wynn says the publisher is “becoming less dependent on page views day to day” and focusing on marketing messaging to generate revenue
Josh Russell / Courthouse News Service:
Michael Wolff sues Melania Trump in a NY court to try to stop her from suing him over his claims about Melania and Donald Trump's ties to Jeffrey Epstein
Ann Gehan / The Information:
TikTok pushes merchants to use a new ad-buying tool that promotes videos linking to TikTok Shop rather than merchants' own sites, frustrating some merchants
Discussion: Modern Retail
Washington Post:
The Pentagon unveils a “new media” press corps, largely from right-wing outlets like Gateway Pundit, with 60+ people signing its new restrictive press policy
 

 
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

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities
 
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