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4:55 PM ET, August 5, 2025

Mediagazer

 Top News: 
Neel Dhanesha / Nieman Lab:
Newsletter service Ghost says publishers have earned $100M+ on it, its annual revenue is $8.5M+, it now supports ActivityPub, and is upping new member pricing  —  The open-source publishing platform Ghost, which powers the websites and newsletters of many independent news outlets …
Alex Weprin / The Hollywood Reporter:
Fox reports Q4 revenue up 6% YoY to $3.29B, ad revenue up 7% YoY to $1.1B, driven by Tubi and Fox News, and a net income of $719M, up from $320M in Q4 2024  —  The company saw revenues rise across the board in tis fiscal Q4 quarter, as it prepares to launch its Fox One streaming service.
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Brian Steinberg / Variety:
Fox CEO Lachlan Murdoch says Fox One, a streaming service offering NFL and MLB games, Fox News programs, and more, will debut August 21 at $19.99 per month  —  The new broadband outlet, a venue that offers Fox Corp.'s Sunday-afternoon NFL games and post-season MLB play along with Fox News programs and more …
Jonathan Vanian / CNBC:
Snap Q2: revenue up 9% YoY to $1.34B, vs. $1.35B est., 469M global DAUs, vs. 467M est., and global ARPU of $2.87, vs. $2.90 est.; SNAP drops ~15% after hours  —  Snap shares tanked 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations.
Alice Brooker / Press Gazette:
Shareholder letter: Reddit cites Profound's analysis showing it is the most cited domain across AI models, as often as Wikipedia and ahead of YouTube and others  —  The online forum is aiming to be a go-to search engine for questions and answers  —  Reddit has revealed it is the number …
Rebecca Falconer / Axios:
Court filing: Trump and Rupert Murdoch agree to postpone Murdoch's deposition in the Epstein letter libel suit until after a ruling on the WSJ's dismissal case  —  President Trump and Rupert Murdoch reached a deal Monday to postpone the media mogul's deposition in a libel lawsuit related …
Matthew Keys / TheDesk.net:
Ad tech company Ad.com acquires Public Good to help with development of a search engine, Search.com, which will offer cash-back rewards and other perks  —  Search.com incentivizes online searches with cash back rewards, and provides publishers an opportunity to generate revenue from their content in the era of artificial intelligence.
Ashley Belanger / Ars Technica:
Filing: in its ChatGPT lawsuit, the NYT asked OpenAI to produce 120M user chats to analyze how often ChatGPT regurgitates its articles, after OpenAI offered 20M  —  OpenAI is preparing to raise what could be its final defense to stop The New York Times from digging through a spectacularly broad range …
more at Techmeme »
John Herrman / New York Magazine:
Search-engine optimization feels dated as marketers look to generative-engine optimization, or GEO, which focuses on tricking AI chatbots rather than Google  —  Search-engine optimization now feels dated.  Generative-engine optimization is all about trying to trick AI chatbots.
Jon Blistein / Rolling Stone:
A Parkland shooting victim's parents created an AI version of their late son to speak about gun safety, starting with an interview with journalist Jim Acosta  —  AI-generated Joaquin Oliver, which was created by his parents, discussed gun control measures and movies in a new interview
Kelly Lawler / USA Today:
Roku launches Howdy, an ad-free streaming service for $2.99 per month, initially only on Roku devices, with content from Lionsgate, WBD, FilmRise, and others  —  Roku is ready to say Howdy.  —  The company − which sells set-top streaming devices, smart TVs and has its own free …
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Alex Weprin / The Hollywood Reporter:
David Ellison names Paramount Global's senior leadership team, appointing himself as CEO, Jeff Shell as president, and RedBird Capital's Andy Gordon as COO
 
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 More News: 
Todd Spangler / Variety:
Linda Yaccarino is named CEO of digital health platform eMed Population Health less than a month after stepping down as CEO of X
Jay Peters / The Verge:
IGN lays off staff, including eight members of the IGN Creators Guild, representing 12% of the bargaining unit, as parent company Ziff Davis cuts costs
 Earlier Picks: 
Belle Lin / Wall Street Journal:
ElevenLabs launches Eleven Music, letting individuals and businesses use its AI model to generate music cleared for commercial use via English-language prompts
Josh Axelrod / Nieman Lab:
How some news organizations are using AI models powered by retrieval-augmented generation to surface the most newsworthy elements from very large datasets
Scott Nover / Washington Post:
Filing: VOA Director Michael Abramowitz has been fired after refusing what he called an “illegal” reassignment to run a broadcasting station in North Carolina
Sara Fischer / Axios:
The New York Post plans to launch a daily Los Angeles-based newspaper called The California Post in early 2026, with News Corp veteran Nick Papps as EIC
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Katherine Blunt / Wall Street Journal:
Google sold $35B in stock in its equity raise this week, up from its planned $30B and taking its total funding to $85B; a source says it contacted ~75 investors

Brendan Bordelon / Politico:
OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA
 
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