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4:10 AM ET, July 3, 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 …
Discussion: New York Times, @southpark, CBS News, Reuters, Status, Entertainment Weekly, Wall Street Journal, Washington Post, CNN, The Wrap, Fox News, @brianstelter, @freedomofpress, @agomezfcc, @agomezfcc, Esquire, New York Sun, Washington Examiner, @greenfield64, @sherman4949, @maxwelltani, @joshualistening, @klasfeldreports, @maxwelltani, @scottgreenfield, @agomezfcc, @adamkinzinger, @agomezfcc, Variety, @donwinslow, @brianstelter, @sherman4949, Al Cross on LinkedIn, @jeremymbarr, Mediaite, TV Tonight, @chriscillizza, Mumbrella, @greenfield64, Barrett Media, @johnjharwood, Gizmodo, Edward Klaris on LinkedIn, @acosta, @maxwelltani, @davidenrich, Deadline, @sarafischer, BBC, Sportico, Axios, @rbreich.bsky.social, @warren.senate.gov, Politico, @boom-whatsgoingon.bsky.social, The Dispatch, @jayrosen.bsky.social, @amykristinsanders.bsky.social, Newser, Bangor Daily News, @victorpickard.bsky.social, @jeremymbarr, Breitbart, @zkarlinn, @jeremymbarr, Awful Announcing, Engadget, Lauren Hirsch on LinkedIn, @nathankalmoe.bsky.social, @davidasuper.bsky.social, @karlbode.com, @isaacdovere.bsky.social, @brianbeutler.bsky.social, @flingjore.com, @aram@aoir.social, @timkarr.bsky.social, @rygraham.bsky.social, @mathandstuff.bsky.social, @wooftom57.bsky.social, @paulthedogman.bsky.social, @lokman.org, Euronews, NBC News, Los Angeles Times on LinkedIn, Deadline, Deadline, @pwnallthethings.bsky.social, Variety, @czedwards.bsky.social, @nitishpahwa.com, @oliverdarcy.bsky.social, @maxtani.bsky.social, Semafor, Forbes and Adweek
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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 …
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.
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.
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” …
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
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 …
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.
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 …
Jennifer Maas / Variety:
Dentsu: the video game industry attracts less than 5% of global ad spend despite 3.4B gamers worldwide; 60+ game-based productions were in development in 2024  —  With more than 3.5 billion gamers worldwide, the video game industry is a ripe area for companies to spend their ad and marketing dollars on a large, captive audience.
Max Tani / @maxwelltani:
In an email, The Bulwark says it has tripled its Substack subscribers in the past year and now has 100K paid and 830K total subscribers  —  In an email, @BulwarkOnline says it has tripled its subscribers in the past year, and now has 100K paid, 830K total subscribers on Substack. The media outlet also says it also now has 1.3 million subscribers on YouTube.
Kendra Barnett / Adweek:
Google pulls 352 apps from the Play Store that were part of an ad fraud scheme behind 1.5B daily bid requests and whose estimated impact is in the seven-figures  —  The IconAds scheme used a variety of seemingly harmless apps to artificially drive up impressions
Discussion: Forbes, Android Police and The Hindu
 
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 More News: 
Emma Roth / The Verge:
Future shuts down Laptop Mag, which started as a print magazine in 1991; Future shut down AnandTech in 2024
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: 
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

Arjun Kharpal / CNBC:
ASML reports Q2 net sales of €7.7B, net income of €2.29B, and net bookings of €5.5B, above €4.19B est., as tariffs have a “less negative” impact than expected
 
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