Top News:
Todd Spangler / Variety:
WBD shareholders vote to approve Paramount Skydance's deal to acquire the company; in a non-binding vote, they reject compensation packages for David Zaslav — But investors weren't OK with the lavish golden parachutes that CEO David Zaslav and other WBD top brass are set to receive through the merger.
Discussion:
The Wrap, NBC News, New York Times, The Wrap, The Guardian, New Republic, The Hollywood Reporter, @tedstew, @tedstew, @tedstew, @rbreich.bsky.social, Awful Announcing, Capital Brief, Deadline, Deutsche Welle, New York Post, @kevdgrussing.bsky.social, Dow Jones Newswires, @brianstelter, @froomkin.bsky.social, @jbflint, Instapundit, Front Office Sports, The Hill, @rwmead.bsky.social, Screen, Financial Times, Barron's Online, The American Bazaar, @angryalgonquin.bsky.social, @karlbode.com, UPI, Al Jazeera, StreamTV Insider, Wall Street Journal, TV Tech, Common Dreams, Türkiye Today, Deadline, Yahoo Finance, @ewarren, Broadband TV News, CNN, Cord Cutters News, Business Insider, Axios, Wrestling Inc., @wgaeast.bsky.social, @mayor.nyc.gov, The A.V. Club, CNBC, Media Play News, Mediaite, WPXI-TV and KDFX-TV
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Jeremy Barr / The Guardian:
President Trump attended a private dinner hosted by David Ellison in DC hours after the WBD shareholder vote; Rep. Jamie Raskin and others protested nearby — Paramount Skydance CEO fetes administration as it weighs $110bn merger with CNN parent WarnerBros Discovery
Brian Steinberg / Variety:
Comcast: Q1 media revenue, which includes NBCU, rose 61% YoY to $7.28B due to the Olympics and the Super Bowl, and domestic ad revenue rose 135% YoY to $3.45B — What kind of business tightrope are media companies walking in 2026? Comcast generated an extra $2.2 billion due …
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Lillian Rizzo / CNBC:
Comcast reports Peacock's Q1 revenue rose 71% YoY to $2.1B, the quarterly loss rose to $432M from $215M a year prior, and subscribers increased 12% YoY to 46M
Comcast reports Peacock's Q1 revenue rose 71% YoY to $2.1B, the quarterly loss rose to $432M from $215M a year prior, and subscribers increased 12% YoY to 46M
Discussion:
The Wrap, Blockonomi, Fierce Network, MediaPost, Yahoo Finance, The Streamable, Benzinga, Cord Cutters News, Media Play News, Reuters, Morningstar, Light Reading and Barron's Online
Wall Street Journal:
Former Disney CEO Bob Iger rejoins Joshua Kushner's Thrive Capital in an advisory role; he served as a venture partner at Thrive in 2022 — The former Disney CEO has dabbled in tech and media investing — Bob Iger is returning to venture capital as he charts his next act after running Disney.
Discussion:
@joshuakushner, TechCrunch, The Wrap, Variety, Deadline, Disney News, Reuters and The Hollywood Reporter
Washington Post:
The DOD fires the Stars and Stripes ombudsman after calling the paper “woke”; the ombudsman says she believes she was fired for defending editorial independence — Stars and Stripes ombudsman Jacqueline Smith said the Defense Department dismissed her without giving a reason, according to an email reviewed by The Post.
Discussion:
Stars & Stripes, @rickf@indieweb.social, Newser, Joe.My.God. and @scottnover.bsky.social
Alexandra Bruell / Wall Street Journal:
A profile of Robert Allbritton, who is transforming his news startup Notus into the Star; he plans to invest $10M this year and expects to break even by 2029 — Robert Allbritton, a co-founder of Politico, is betting big on the Star — Robert Allbritton was on a ski lift in Aspen, Colo. …
Discussion:
@dankennedy.net and @alexbruell
Wall Street Journal:
Sources: DOJ officials met with broadcast-TV operators to discuss sports' migration to streaming, part of an antitrust probe into the sports-media marketplace — Antitrust officials and broadcast station owners discuss the Sports Broadcasting Act under investigation
Discussion:
Awful Announcing, Front Office Sports, Reuters, Barrett Media and Sports Media Watch
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Todd Spangler / Variety:
Front Office Sports plans to launch a syndicated daily TV news show, Front Office Sports Tonight, on September 14, airing on Fox and Nexstar stations and more — Front Office Sports is getting into the daily TV sports news game. — The company, the online outlet known for its aggressive coverage …
Winston Cho / The Hollywood Reporter:
A former executive for MrBeast, Lorrayne Mavromatis, has sued the company, claiming sexual harassment, wrongful firing after maternity leave, and more — Lorrayne Mavromatis alleges female employees were subject to comments about their appearance from company leaders. Beast Industries has denied the claims.
Discussion:
Kotaku, Los Angeles Times, Deadline, Fast Company, Tubefilter, IGN, International Business Times, @joshuaerlich.bsky.social, TheGamer, @joshuaerlich.bsky.social, @dexerto, @joshuaerlich.bsky.social, Fortune, @joshuaerlich.bsky.social, LADbible, Associated Press, New York Times, Variety, Rolling Stone, NBC News, TMZ.com, Just Jared, Global News, Business Insider, The Verge, Courthouse News Service and The A.V. Club
Fernando Cardoso / Reuters:
Brazil's antitrust watchdog approves a plan to deepen investigations into Google's use of journalistic content over potential abuse of its market position — Brazil's antitrust watchdog CADE approved on Thursday a recommendation to deepen investigations into the use of journalistic content by Alphabet's …
Discussion:
Conselho Administrativo … and valorinternational
Alex Weprin / The Hollywood Reporter:
Filing: TKO Group CEO Ari Emanuel's pay package in 2025 was $67.3M, up from $18.1M in 2024, and President Mark Shapiro's compensation hit $42.6M, up from $31.9M — The owner of UFC and WWE released its annual proxy filing Thursday, with Dwayne Johnson also receiving $900,000 for the use of his ‘Rock’ IP.
Discussion:
The Wrap, Variety, @informedalarmist.bsky.social, Deadline and Wrestling Inc.
Kyle Jahner / Bloomberg Law:
Music publishers including UMG, Warner Music, and Sony drop a copyright suit against Verizon following a SCOTUS decision limiting ISP liability in Cox's suit — Publishers representing the bulk of the music industry dropped a copyright lawsuit against Verizon Communications Inc. over music piracy …
Discussion:
Music Business Worldwide
