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5:20 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
RELATED:
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.
Jessica DiNapoli / Reuters:
Oreo-maker Mondelez plans to use a generative AI tool in which it has invested $40M to cut marketing campaign costs by 30%-50%  —  - AI tool cuts ad production costs by 30% to 50% - exec says  — Mondelez has invested $40M in AI tool - exec says  — Rivals Kraft Heinz, Coca-Cola also using AI for ads
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
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: @current.org and NFCB
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 …
 
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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
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
 Earlier Picks: 
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
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
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”
 

 
From Techmeme:

Kevin Breuninger / CNBC:
President Trump says the US will let Nvidia ship its H200 chips to “approved customers” in China and elsewhere, on the condition that the US gets a 25% cut

Prima Wirayani / Bloomberg:
Robinhood is set to join Indonesia's retail investment boom after agreeing to acquire local brokerages PT Buana Capital Sekuritas and PT Pedagang Aset Kripto

Wall Street Journal:
Sources: Sam Altman said OpenAI plans to end its “code red” after releasing a model in January 2026 with improved image generation, speed, and personality
 
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