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12:30 PM ET, October 23, 2025

Mediagazer

 Top News: 
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.
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
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 …
Angela Fu / Poynter:
How Chicago journalists are covering the ICE raids, a task made more difficult by the agencies' unpredictability, lack of transparency, and attacks on press  —  'It's really exhausting, mentally and physically.  But somebody has to record history'  —  Ever since federal agents arrived …
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 …
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.
Kayla Cobb / The Wrap:
VideoShops, an affiliate retail platform that lets creators start personalized storefronts with no minimum follower count, raised a $42M seed  —  Abra Potkin and Nicole Winnaman are changing that  —  When you think of the most basic definition of an influencer — a person whose recommendations …
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
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
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
 Earlier Picks: 
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
Órla Ryan / The Irish Times:
Meta removes an AI video designed to look like RTÉ news bulletin that falsely showed Irish presidential candidate Catherine Connolly withdrawing from the race
Mike Isaac / New York Times:
Reddit files a lawsuit against Perplexity and three data scraping companies, accusing them of illegally stealing its data by scraping Google search results
 

 
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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