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7:25 PM ET, July 30, 2025

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 Top News: 
Alexandra Bruell / Wall Street Journal:
Sources: Amazon's multiyear deal to use NYT content for its platforms and AI models is $20M to $25M per year, which is nearly 1% of the NYT's total 2024 revenue  —  The multiyear deal lets Amazon use content from the Times's news and cooking sections and the Athletic
Jonathan Vanian / CNBC:
Meta reports Q2 revenue up 22% YoY to $47.5B, vs. $44.8B est., net income up 36% to $18.3B, family DAP up 6% to 3.48B for June 2025; META jumps 10%+ after hours  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices
Ted Johnson / Deadline:
Brendan Carr opens an FCC inquiry into NBCU over its relationship with its local affiliates, citing reports of attempts to “extract onerous ... concessions”  —  Brendan Carr informed Comcast CEO Brian Roberts of the inquiry in a letter sent on Tuesday.
Financial Times:
Source: David Ellison plans to “bring back a performance-based culture” to CBS, “Not quotas. Not ideology. Just objective journalism”  —  What began as a Hollywood studio merger has become a test of how far corporate America will bend to president's will
Lucia Moses / Business Insider:
Amazon-backed AI streaming service Showrunner debuts on Thursday, charging users $10 to $40 per month to create their own animated shows or build on others' IP  —  - Fable Studio has gotten funding from Amazon for its AI streaming platform, Showrunner.  — It shared a deck that explains …
Pamela McClintock / The Hollywood Reporter:
Warner Bros. Motion Picture Group is undergoing 10% cuts across multiple divisions to transition “toward a fully global structure”  —  Studio heads Michael De Luca and Pamela Abdy announced the shift in direction in a memo to staff. … The layoffs will reduce the staff by about 10 percent.
Andrew Marchand / New York Times:
Sources: ESPN cuts ties with Shannon Sharpe after he settled a lawsuit accusing him of rape; Sharpe had said he'd return to ESPN at the start of NFL preseason  —  ESPN has cut ties with NFL Hall of Famer and media analyst Shannon Sharpe less than two weeks after he settled a lawsuit …
@erikwemple:
Media critic Erik Wemple says he has taken The Washington Post's buyout offer and will start covering media for The New York Times in September  —  After 14 very, very happy years writing opinions on media at the Washington Post, I am taking the newspaper's buyout offer. In September, I will begin work at the New York Times covering media from Washington for the paper's Business section.
Todd Spangler / Variety:
CBS News Digital's WGA East members reach a deal with management on their first collective bargaining agreement, a week before Skydance is set to take over  —  Writers Guild of America East members at CBS News Digital reached a deal with management on their first collective-bargaining agreement …
Discussion: TVNewsCheck, The Wrap and Deadline
Aisha Malik / TechCrunch:
TikTok adds new safety features, including enhanced parental controls, and publicly launches Footnotes, its Community Notes-like feature, in the US  —  TikTok announced on Wednesday that it's releasing a slew of new features, including enhanced parental controls, additional tools for creators, and a new interactive wellbeing feature.
Sarah Perez / TechCrunch:
YouTube is rolling out age estimation tech in the US to identify teen users and serve more age-appropriate content, regardless of the birthday given at signup  —  YouTube on Tuesday announced it's beginning to roll out age-estimation technology in the U.S. to identify teen users in order to provide a more age-appropriate experience.
RELATED:
Jay Peters / The Verge:
YouTube says videos with strong profanity in the first seven seconds will now be eligible for full monetization, reversing the “limited ad revenue” restriction
Daniel Thomas / Financial Times:
Ofcom: YouTube is the second most-watched TV service in the UK, behind the BBC and ahead of ITV; one in five Gen Alpha viewers turn to YouTube first on their TV
 
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 More News: 
Alice Brooker / Press Gazette:
Study by SEO platform Authoritas: when Google AI Overviews is present, publishers witness a drop of 47.5% in clickthrough rate on desktop, and 37.7% on mobile
Taylor Lorenz / User Mag:
Substack apologizes after sending a push notification encouraging some users to subscribe to NatSocToday, a Nazi newsletter advocating for a “White homeland”
 Earlier Picks: 
Renju Jose / Reuters:
Australia says it will include YouTube in its ban on social media for children under 16 years of age, reversing an earlier decision to exempt the platform
 

 
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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