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11:10 PM ET, July 2, 2025

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 Top News: 
Meg James / Los Angeles Times:
Paramount agrees to pay Trump $16M to settle his 60 Minutes lawsuit, stating the money will go to his future presidential library, without offering an apology  —  Paramount Global has agreed to pay President Trump $16 million to end his lawsuit over edits to a “60 Minutes” interview …
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Meg James / Los Angeles Times:
Paramount faces a backlash for settling with Trump; Democrat FCC Commissioner Anna Gomez says it “marks a dangerous precedent for the First Amendment”  —  - Journalists and others said the payoff will embolden attacks by Trump and his allies on news outlets.
David Folkenflik / NPR:
Paramount says its settlement does not include a statement of apology or regret and 60 Minutes will release transcripts of presidential candidates in the future  —  Paramount Global, the parent company of CBS News, said it has agreed to pay $16 million to President Trump's foundation …
Brian Steinberg / Variety:
WGA East, which represents CBS News writers, says the Paramount settlement is a “transparent attempt to curry favors” with Trump to get Skydance merger approved  —  The familiar tick-tick-tick of the famous stopwatch that has been part of “60 Minutes” for decades may give way to a new sound: a loud alarm.
Lucas Shaw / Bloomberg:
Comedy Central delays the Season 27 premiere of South Park from July 9 to July 23, citing complications from the pending Paramount and Skydance merger
Todd Spangler / Variety:
George Cheeks addresses Paramount's Trump lawsuit settlement, saying companies often settle to avoid “the high and somewhat unpredictable cost of legal defense”
Kerry Flynn / Axios:
G/O Media sells gaming news site Kotaku to Keleops, the European company that acquired Gizmodo in 2024, leaving G/O Media with just one property, The Root  —  - Kleis declined to share the purchase price of the all-cash deal. … - “I like to trust people, and I know that people in this industry …
Sarah Perez / TechCrunch:
Similarweb: since the launch of Google's AI Overviews, the number of news searches that result in no click-throughs grew from 56% in May 2024 to 69% in May 2025  —  Referrals from ChatGPT to news publishers are growing, but not enough to counter the decline in clicks resulting …
Deadline:
Dr. Phil's Merit Street Media JV, launched in April 2024, files for Chapter 11 and sues business partner Trinity Broadcasting Network for breach of contract  —  The TV personality's high-rated daytime Dr. Phil show ended a 21-year run after the 2022-23 season although it lived on in syndication.
Emma Roth / The Verge:
Future shuts down Laptop Mag, which started as a print magazine in 1991; Future shut down AnandTech in 2024  —  The tech publication got its start as a print magazine in 1991. … Laptop Mag is shutting down after nearly 35 years of providing consumers with in-depth information about laptops and other technology.
The Information:
Kargo: ad prices fell 4.4% on FAST channels and grew 4.5% on VOD from May to June as big-name subscription services compete with FAST channels for ad dollars  —  Until recently, it seemed video streaming had a channel for every taste.  Fans of the 1970s Western drama “Little House on the Prairie …
Bloomberg:
Google ends its Recipe Quick View pilot, which showed full recipes directly in search results, after some bloggers feared it would reduce traffic and ad revenue  —  Google has ended tests of a feature that would have let users open a snapshot of cooking-recipe content directly in web search results …
 
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 More News: 
Tara Conlan / The Guardian:
Over 400 media figures urge the BBC board to remove Robbie Gibb over conflict of interest regarding Gaza coverage, citing his “close ties” to Jewish Chronicle
Jessica Toonkel / Wall Street Journal:
Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle
 Earlier Picks: 
Kurt Wagner / Bloomberg:
X says it will start to publish Community Notes written by AI agents and developers will soon be able to submit their own AI agents for the company to review
Andrew Deck / Nieman Lab:
Law360 now requires every story go through an AI-powered “bias” detection tool before publication after a LexisNexis exec accused the newsroom of liberal bias
Maxwell Zeff / TechCrunch:
Cloudflare debuts “Pay per Crawl”, a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default
 

 
From Techmeme:

Reuters:
At a supply chain expo in Beijing, Jensen Huang calls AI models from DeepSeek, Alibaba, and Tencent “world class” and says AI is “revolutionizing” supply chains

Kylie Robison / Wired:
Sources: OpenAI researcher Jason Wei, who worked on o3 and deep research models, and his colleague Hyung Won Chung are joining Meta's new superintelligence lab

Casey Newton / Platformer:
xAI's Grok is rated for kids age 12 and up in the iOS App Store, despite adding “companions”; one includes an NSFW “Bad Rudy” mode and the other becomes NSFW
 
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