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9:45 AM 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 …
RELATED:
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 …
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”  —  Nine hours after Paramount Global announced a $16 million payment to President Donald Trump to settle his “60 Minutes” …
Discussion: MSNBC, Al Jazeera, Deadline and The Wrap
Bloomberg:
Google ends its Recipe Quick View pilot, which showed full recipes directly in search results, after some bloggers feared it would reduce traffic to their sites  —  Google has ended tests of a feature that would have let users open a snapshot of cooking-recipe content directly in web search results …
Discussion: Search Engine Journal
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  —  The policy was announced after an executive accused the newsroom of bias in its Trump administration coverage.
Max Goldbart / Deadline:
A YouTube report made in consultation with 10K+ UK creators calls for UK government recognition, industry representation, and better access to finance  —  Top YouTubers like Amelia Dimoldenberg, Brandon B and Max Klymenko have put their names to a first-of-its-kind report from YouTube calling …
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  —  The streamer has had talks with Spotify about partnering on events  —  Netflix ascended by offering prestige TV and movies on demand for a monthly fee.
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  —  Miriam Margolyes, Alexei Sayle and Mike Leigh among signatories to letter criticising Jewish Chronicle ties
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  —  Elon Musk's X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed …
Lucas Manfredi / The Wrap:
In a filing, the Newhouse family, which owns Condé Nast, says it is selling 100M WBD shares worth around $1.1B total; WBD closes down 4%+  —  The media giant's stock tumbled over 4% during Tuesday's trading session after the Condé Nast owners sold 100 million shares
 
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 More News: 
Financial Times:
Warner Music and Bain announce a $1.2B joint venture to buy song rights; sources: Warner is in talks to acquire the Red Hot Chili Peppers' catalog for $300M+
Ethan Millman / The Hollywood Reporter:
Apple unveils Apple Music Studios in Culver City, CA, where musicians can come for radio interviews, to record new music, do photo shoots, and film content
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
Alice Brooker / Press Gazette:
An interview with Mediahuis Ireland CEO Peter Vandermeersch on the Belfast Telegraph reaching 100K digital subscribers, plans to reach 200K by 2030, and more
 Earlier Picks: 
Gene Maddaus / Variety:
Trump pulls a federal lawsuit against the Des Moines Register and Ann Selzer, and refiles in state court, a day before Iowa's anti-SLAPP statute takes effect
Lauren E. Low / NASA:
NASA says its NASA+ live programming will be available on Netflix starting this summer; it will be still available on NASA's app and site for free without ads
Clara Jiménez Cruz / Nieman Lab:
Google kills ClaimReview, its fact-checking snippet in search, after finding it is “not commonly used” and no longer provides “significant additional value”
Benjamin Mullin / New York Times:
Michael Moritz's The San Francisco Standard buys Charter, a digital outlet focused on the future of work; Charter founder Kevin Delaney will be EIC of both pubs
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

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

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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