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12:15 PM ET, October 24, 2025

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 Top News: 
Charles Gasparino / New York Post:
Sources: Trump administration prefers that Paramount Skydance buy Warner Bros. Discovery; a source says “who owns WBD is very important to the administration”  —  The Trump administration favors Paramount Skydance to buy Warner Bros. Discovery - and a number of rival bidders …
RELATED:
Hannah Miller / Bloomberg:
The WGA says a deal combining Paramount Skydance and Warner Bros. Discovery would be “a disaster” and that it will press regulators to block any such deal  —  The Writers Guild of America, which represents screenwriters and newsroom staffers, said it will oppose …
Sarah Perez / TechCrunch:
Automattic files counterclaims against WP Engine's October 2024 lawsuit and alleges that WP Engine has been abusing the WordPress trademark  —  On Friday, WordPress maker Automattic filed its counterclaims in the lawsuit initiated by hosting company WP Engine in October 2024 …
Discussion: Automattic
Austin Fuller / Current:
National Federation of Community Broadcasters gets a $1.25M MacArthur grant; NFCB represents ~200 stations mostly serving rural and underrepresented communities  —  The John D. and Catherine T. MacArthur Foundation has awarded a $1.25 million grant to the National Federation of Community Broadcasters, NFCB announced Wednesday.
Discussion: NFCB and @current.org
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.
Bloomberg:
Sources: Canal+ is exploring buying the remaining 30% stake in Showmax, Africa's biggest streaming service, from Comcast  —  Canal+ SA is studying the possibility of buying out the remaining stake in African streaming platform Showmax from Comcast Corp., people familiar with the matter said …
Discussion: Broadband TV News
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 …
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.
Discussion: CMU and BBC, more at Techmeme »
RELATED:
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
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.
Discussion: VideoWeek and MediaBrief
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 …
 
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 More News: 
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
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
Discussion: MediaNama
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
Kayla Cobb / The Wrap:
VideoShops, an affiliate retail platform that lets creators start personalized storefronts with no minimum follower count, raised a $42M seed
 Earlier Picks: 
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
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
Discussion: InPublishing
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
 

 
From Techmeme:

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

Casey Newton / Platformer:
A look back at five years of Meta's Oversight Board, whose rulings on the relatively small number of cases it hears have generally had limited impact
 
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