Top News:
Bloomberg:
Sources: Netflix is working on revised terms for its WBD acquisition and has discussed making its offer all cash for the studios and streaming businesses — Netflix Inc. is working on revised terms for its Warner Bros. Discovery Inc. acquisition and has discussed making its offer all cash …
Discussion:
Variety, Wall Street Journal, The Guardian, Newsmax, Sharecast, The Information, @annmlipton@esq.social, Awful Announcing, Sports Media Watch, The Wrap, Investing.com, Barron's Online, @carlquintanilla.bsky.social, The Movie Blog, The Streamable, Media Play News, The Indian Express, The Post Millennial, The Verge, GeekTyrant, PocketGamer.biz, Tech Times, Tech in Asia, MediaNews4U, BMI, Telecompaper, mxdwn Television, Ars Technica, Benzinga, Wrestling Inc. and Gizmodo
Corbin Bolies / The Wrap:
Source and memos: Politico is laying off 3% of staff, plans buyout offers for Magazine staffers, and more, and plans a subscription service for investment pros — While “change is uncomfortable,” global editor-in-chief John Harris tells staff, the moves “also represent continuity”
Discussion:
Semafor, @maxwelltani and The Wrap
Scott Nover / Washington Post:
A bipartisan bill agrees to provide $653M to USAGM, down from $867M in 2025, but over Trump's $153M request, as part of a package needing Congressional approval — The Trump administration has tried to eliminate funding for the U.S. Agency for Global Media, which oversees VOA.
Brian Steinberg / Variety:
Nielsen: Tony Dokoupil's CBS Evening News debut week averaged 4.17M total viewers, a 23% drop from ~5.4M in the year-earlier period; 25-54 viewership fell 23% — A lot of people are talking about the revamped “CBS Evening News” under new anchor Tony Dokoupil — but not enough to make the program …
Discussion:
@adamreiner, @andybarr34, @gldivittorio, @mediaevan, @claireatki and Raw Story
Ted Johnson / Deadline:
In an interview with CBS Evening News anchor Tony Dokoupil, President Trump criticizes Kamala Harris and says “You wouldn't have a job right now, if she got in” — CBS Evening News anchor Tony Dokoupil landed an interview with Donald Trump on Tuesday, and one of the unusual moments came …
Discussion:
Status, Poynter, @jeremymbarr, @jeremymbarr, @jeremymbarr, @amykristinsanders.bsky.social, @kath_krueger, @tysonbrody, @fritschner, @cbseveningnews, @atrupar, @zeeshanaleem, Eurasia Review, @cbseveningnews, @atrupar, The Independent, The Guardian, HuffPost, @tonydokoupil, TV Insider, Mediaite, New Jersey Online, CBS News and The Wrap
Jessica Testa / New York Times:
A group of five journalists reboots Gourmet as a worker-owned newsletter, after discovering that Condé Nast had let its trademark on the name lapse in 2021 — The defunct food publication is re-emerging as a newsletter, with new leadership and zero approval from its original owner.
Discussion:
Simon Owens's Media Newsletter, @kimmaicutler, @benmullin, @harrymccracken.com, The Wrap, @inaeoh.bsky.social, Gourmet and kottke.org
Neil Henderson / BBC:
A UK court finds three men guilty of harassing BBC journalist Catrin Nye, who presented the 2023 podcast and doc A Very British Cult on the Lighthouse group — Three men have been found guilty of harassing a BBC journalist who presented the podcast series and documentary A Very British Cult.
Mandy Dalugdug / Music Business Worldwide:
Musical AI, an attribution and rights management platform for generative AI in music, raised $4.5M led by Heavybit to improve its attribution tech — In 2024, Musical AI, formerly known as Somms.ai, launched a rights management platform to allow proper attribution and compensation for the use …
Discussion:
GamesBeat, Digital Music News and FinSMEs
Maya Perez / WebProNews:
Bandcamp bans music and audio that is “generated wholly or in substantial part by AI”, hoping to build trust with fans that the music they find was human-made — Bandcamp has banned music substantially generated by AI to uphold human artistry and authenticity, amid rising concerns over AI flooding platforms like Spotify.
Discussion:
The A.V. Club, NME, @negativeagent.bsky.social, @danielraffel, @future_of_music, @dallin@writing.exchange, Consequence, BrooklynVegan, @mwl.io, @davidgerard.co.uk, @ripridermusic.bsky.social, Bandcamp Updates, Stereogum, @nowplaying.cool, @lesterlee.bsky.social, @colinhemphill.com, @n8dly@mastodon.social, @2mello.net, @lauramarie.bsky.social, @logicalnuisance.bsky.social, @rrrrroseazerty …, PC Gamer, @mmmmmmuhh.bsky.social and @bandcamp.com, more at Techmeme »
Amos Barshad / Columbia Journalism Review:
Some local TV stations are ending their network affiliations, freeing up money for new hires and programming, as network fees rise due to sports rights costs — Bert Medina—the president of WPLG, a TV station in Miami—has a policy of meeting every new employee that comes into the building.
Discussion:
@JamesWNeal@mstdn.social
Georg Szalai / The Hollywood Reporter:
Amazon Prime Video signs deals to offer streaming service M6+ in France and RTVE's live channels in Spain, “a landmark agreement”, both free of charge — Elisabetta Carruba, director, Prime Video channels, EMEA, touts the content agreements as latest steps towards the …
Discussion:
Elisabetta Carruba on LinkedIn and Advanced Television
Josh Noble / Financial Times:
An interview with IMG President Adam Kelly on streaming platforms' increasing share of sports media rights, live sports as an antidote to AI content, and more — As Netflix and Apple expand their sports ambitions, the head of IMG says media rights are entering a new phase driven by scarcity, retention and measurable returns
Discussion:
Adam Kelly on LinkedIn
