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3:40 PM ET, August 6, 2025

Mediagazer

 Top News: 
Todd Spangler / Variety:
Disney says it is “fully integrating” Hulu into Disney+, plans to launch a “unified” Disney+ and Hulu app in 2026 and migrate Hulu's live TV subscribers to Fubo  —  Hulu will replace the Star brand on Disney+ internationally this fall
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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 …
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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
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
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 …
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
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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.
Liz Reid / The Keyword:
Google says total organic click volume from Search to websites has been “relatively stable” YoY and it's sending “slightly more quality clicks” than a year ago  —  We continue to send billions of clicks to the web every day and are committed to prioritizing the web in our AI experiences in Search.
Katie Robertson / New York Times:
The New York Times reports 11.88M subscribers in Q2, total revenue up 9.7% YoY to $685.9M, and adjusted operating profit up 28% YoY to $133.8M; NYT jumps 15%+  —  The company added 230,000 digital-only subscribers in the second quarter.  It now has 11.88 million total subscribers.
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
Lauren Aratani / The Guardian:
In its Q4 earnings report, News Corp warned President Trump that his books “are being consumed by AI engines which profit from his thoughts”  —  Company owned by Rupert Murdoch says president's books are ‘being consumed by AI engines which profit from his thoughts’
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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
Scott Nover / Washington Post:
NPR is offering $8M in “fee relief” to stations that relied on federal funding for 10%+ of their budgets and negotiating to take over music rights management  —  Katherine Maher is leading the public radio organization and member stations through their biggest crisis in decades, but she thinks they'll weather it.
Dan Cepeda / Oil City News:
News Media Corporation says it will cease operations effective immediately, citing financial challenges; NMC operated local newspapers in five US states  —  CASPER, Wyo. — Around 11 communities in Wyoming have lost their local newspapers after the sudden closure of their parent company.
 
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 More News: 
Winston Cho / The Hollywood Reporter:
Universal Pictures has started adding a legal warning at the end credits of its films stating that their titles “may not be used to train AI”
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
 Earlier Picks: 
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
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
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
Discussion: The Decoder
 

 
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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