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11:20 AM ET, August 5, 2025

Mediagazer

 Top News: 
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 …
RELATED:
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.
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 …
Todd Spangler / Variety:
Skydance announces the 10 board directors for Paramount Skydance, including Oracle CEO Safra Catz and former Paramount Pictures CEO Sherry Lansing  —  Skydance Media announced the full slate of 10 directors for Paramount Skydance Corp., the company resulting from its merger with Paramount Global.
RELATED:
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
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 more  —  Roku is ready to say Howdy.  —  The company − which sells set-top streaming devices, smart TVs and has its own free …
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
Ashley Carman / Bloomberg:
The Athletic signs podcast licensing deals for Pablo Torre Finds Out and Sports Gossip Show; a source says the agreement with Torre is in the seven figures  —  The Athletic signed two new podcast licensing deals to add to its coverage of more pop culture-adjacent angles in sports stories
Sara Fischer / Axios:
Patreon CEO Jack Conte says the platform paid out $10B+ to creators since its 2013 founding, creators now get $2B+ annually, and there are 25M+ paid memberships  —  Creators on Patreon have received more than $10 billion in payouts from fans since the company was founded in 2013, CEO and co-founder Jack Conte tells Axios.
Discussion: @sarafischer
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  —  The ‘perplexing’ cuts laid off eight employees at IGN. … Ziff Davis-owned IGN Entertainment has laid off staff, including eight members of the IGN Creators Guild.
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  —  Kari Lake tried to dispatch Michael Abramowitz to North Carolina.  When he refused, she fired him.
Max Goldbart / Deadline:
BAFTA changes its rules to let all 6,000 members vote in the international TV category; the 2026 TV awards are set for May 10, and the craft awards for April 26  —  BAFTA has tweaked its international TV category so that all of its 6,000 members are allowed to determine the nominations and winners.
 
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 More News: 
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
 Earlier Picks: 
Jonathan Stempel / Reuters:
A federal judge dismisses a defamation lawsuit by Devin Nunes against NBCU over a comment by Rachel Maddow about his dealings with a suspected Russian agent
Sarah Perez / TechCrunch:
Elon Musk says Vine's video archive is being brought back, and xAI's newly launched Grok Imagine, available to X Premium+ subscribers, is “AI Vine”
Daniel Frankel / StreamTV Insider:
EchoStar reports losing 383K subscribers in Q2 for ~7.1M in total and pay TV revenue down 8% YoY to $2.5B; Sling TV lost 109K subscribers for a total of 1.78M
Discussion: The Streamable
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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