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12:10 PM ET, August 6, 2025

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 Top News: 
Todd Spangler / Variety:
RELATED:
Alex Sherman / CNBC:
ESPN signs a deal to show the WWE's biggest live events, including WrestleMania, from 2026; sources say ESPN will pay $325M on average per year for five years  —  The WWE is coming to ESPN.  —  The Disney-controlled sports and entertainment business will pay an average of $325 million per year …
Mike Florio / NBCSports.com:
The ESPN-NFL deal will require US regulatory approval, giving President Trump the kind of leverage he seemingly exercised in the 60 Minutes settlement  —  It was a footnote to the reporting regarding a deal being done.  It could, in time, become a headline.
Discussion: Front Office Sports and Benzinga
Wall Street Journal:
The NFL agrees to take a 10% stake in Disney's ESPN in exchange for control over NFL Network, RedZone, and more; analysts estimate ESPN is valued at $25B-$30B  —  The media giant will take ownership of NFL Network as part of swap valued in the neighborhood of $3 billion
Jill Goldsmith / Deadline:
Disney reports Q3 revenue up 2% YoY to $23.7B, operating income up 8% YoY to $4.6B, streaming revenue of $6.2B, profit of $346M; Disney+ and Hulu hit 183M subs  —  In an early look at the numbers, Evercore ISI analyst Kutgun Maral called it a “healthy quarter with upside where it matters most, theme parks & DTC profitability.”
Lillian Rizzo / CNBC:
Disney plans to launch its new flagship sports streaming service ESPN on August 21 for $29.99 per month or $35.99 per month when bundled with Disney+ and Hulu  —  ESPN will launch its new flagship streaming service — also named ESPN — on August 21.  —  Disney's ESPN has been working …
Todd Spangler / Variety:
Disney says it will no longer report paid subscribers or average revenue per unit for ESPN+ as of its Q4 2025 and for Disney+ and Hulu as of its Q1 2026
RELATED:
Harshita Mary Varghese / Reuters:
News Corp reports Q4 revenue up 1% YoY to $2.11B, vs. $2.1B est., and WSJ subscriptions up 7% YoY to 4.5M+ on average, 4.1M+ of which were digital-only
Charlotte Tobitt / Press Gazette:
Resilience Media, which aims to be the defense tech industry's “publication of record”, adds several ex-TechCrunch staff, including Ingrid Lunden and Matt Burns  —  Former Techcrunch staffers have joined a new title covering the defence tech industry which has just expanded after a successful fundraising round.
Bloomberg:
Sources: Chinese streamer iQiyi is seeking to raise $300M in a Hong Kong IPO later in 2025; the Baidu-owned company went public in the US in 2018  —  Takeaways by Bloomberg AI  —  Hide … Tell us how AI is shaping your news experience.  Share your feedback
Ian Walker / Wall Street Journal:
The UK CMA clears Omnicom's $13B acquisition of rival Interpublic after launching an investigation into the deal on June 23; the FTC cleared the deal on June 25  —  The watchdog had been considering whether the deal would lead to a substantial lessening of competition
Discussion: Reuters and campaignlive.co.uk
Joshua Benton / Nieman Lab:
A June ranking of the top 25 local public radio/TV websites in the US based on traffic shows MPR at the top, followed by LAist and Oregon Public Broadcasting  —  They may have been born on the airwaves, but these public media stations compete on the web as well.
 
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 More News: 
Emanuel Maiberg / 404 Media:
Wikipedia editors adopt a policy giving administrators the authority to quickly delete AI-generated articles that meet certain criteria, like wrong citations
Reuters:
Linda Yaccarino is named CEO of digital health platform eMed Population Health, less than a month after she stepped down as CEO of X
 Earlier Picks: 
Todd Spangler / Variety:
Over 2,300 WGA members sign an open letter criticizing President Trump and Congressional Republicans, decrying “escalating attacks on the First Amendment”
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
Neel Dhanesha / Nieman Lab:
Newsletter service Ghost says its publishers have earned $100M+, its annual revenue is $8.5M+, adds ActivityPub support, and is upping new member pricing
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple's chip chief Johny Srouji told Tim Cook that he is seriously considering leaving soon; some execs floated elevating him to the CTO role

Tyler Kingkade / NBC News:
Parents are pressuring LA Unified, the second-largest US school district, to reduce mandatory student screen time on school-issued iPads and Chromebooks

Kat Tenbarge / Wired:
Some Reddit moderators say a surge of AI slop on the site is eroding its authenticity and could lead to a feedback loop of AI models training on AI content

 
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