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11:25 AM ET, August 12, 2025

Mediagazer

 Top News: 
Matthew Keys / TheDesk.net:
Sinclair's board authorizes a strategic review for its broadcast business and will consider separating its Ventures division, which includes the Tennis Channel  —  Sinclair, Inc.'s board of directors has authorized a comprehensive strategic review of its broadcast operations …
Naman Ramachandran / Variety:
Tencent Music reports Q2 revenue up 17.9% YoY to $1.18B, music services revenue up 26.4% YoY to $957M, and music subscription revenue up 17.1% YoY to $611M  —  Tencent Music Entertainment Group, China's dominant online music and audio platform, reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year.
Nik Roseveare / Advanced Television:
Sky Sports plans to launch a Multiview format for Premier League games in the UK with up to four games at once; Sky will show 215+ live matches in 2025-26  —  At a press event at its Osterley HQ, Sky Sports has showcased how sport fans will be able to follow the Premier League like never before with …
Todd Spangler / Variety:
Memo: Crunchyroll is undergoing layoffs as part of a restructuring to shift resources toward high-growth markets outside the US, like India, Brazil, and Mexico  —  The scope of Crunchyroll's layoffs could not be determined. … The business has more than 1,000 employees but has not disclosed an exact headcount number.
Discussion: The Wrap and Cord Cutters News
Max Tani / Semafor:
Henry Blodget is launching Solutions, an interview podcast in partnership with Vox Media, on August 18, focusing on challenges in science, business, and society  —  THE SCOOP  —  Almost two decades after launching Business Insider, Henry Blodget wants to return to the things that brought …
Abid Rahman / The Hollywood Reporter:
HBO Max and Asian streamer Viu announce a bundle with both services in Indonesia, Malaysia, the Philippines, Singapore, and Thailand, set to launch in Q4 2025  —  The offer will launch in Q4 2025 and be available in Indonesia, Malaysia, the Philippines, Singapore and Thailand.
Austin Karp / Sports Business Journal:
Sling TV debuts shorter-term packages aimed at sports fans: a day pass for $4.99, a weekend pass for $9.99, and a week pass for $14.99  —  Sling TV today is debuting shorter-term packages aimed at bringing in more sports fans ahead of the start of football season — which is the streaming service's busiest …
Daniel Kaplan / The Hollywood Reporter:
Kevin Durant's Boardroom, a site focused on athletes and other entertainers, plans to launch a print magazine this month, with quarterly issues starting in 2026  —  The company run by Rich Kleiman is testing the waters with a U.S. Open-themed cover feature in August and plans to publish quarterly beginning in 2026.
Tatum Hunter / Washington Post:
Katie Miller, a former top aide to Trump and Musk and the wife of Stephen Miller, aims to attract conservative women with her new podcast, which debuted Monday  —  Katie Miller says the right-wing mediasphere is dominated by men.  She wants a slice of the pie.
Jay Peters / The Verge:
Reddit says it will block the Internet Archive from indexing every page but its homepage, after catching AI companies scraping its data from the Wayback Machine  —  The company says that AI companies have scraped data from the Wayback Machine, so it's going to limit what the Wayback Machine can access.
Matthew Keys / TheDesk.net:
Hub survey: 42% of Americans say they were more likely to keep subscribing to a streaming bundle over an individual app; only 14% say they were less likely  —  Consumers are more likely to keep paying for a streaming app if they can bundle it with others at a low price point.
Discussion: TV Tech
Alex Sherman / CNBC:
Paramount acquires the US rights to UFC for $7.7B over seven years, beginning in 2026, making all 43 annual live events available exclusively on Paramount+  —  Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group's UFC for seven years, beginning in 2026.
RELATED:
Financial Times:
As part of the Paramount-UFC deal, premium fights will be available for free to Paramount+ subscribers, ending the pay-per-view model present on ESPN
 
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 More News: 
Andrew Deck / Nieman Lab:
In a July 11 arbitration hearing between Politico and the PEN Guild, Politico argued that some Politico AI experiments aren't subject to editorial standards
Andrew Deck / Nieman Lab:
The Yomiuri Shimbun, Japan's largest newspaper by circulation, sues Perplexity, alleging unauthorized use of copyrighted material, and seeks ~$14.7M in damages
Raquel ‘Rocky’ Harris / The Wrap:
Crunchyroll partners with Delta Airlines to offer over 2,000 anime titles on more than 169,000 seatback screens later in 2025
Nicole Sperling / New York Times:
Netflix and Archewell Productions, the company of Prince Harry and Meghan Markle, sign a new deal; source: it is worth less for the royals than their last deal
Dade Hayes / Deadline:
Fox and ESPN plan to launch a bundle of their upcoming streaming services, Fox One and ESPN respectively, on October 2 for $39.99 per month
 Earlier Picks: 
Dan Kennedy / Media Nation:
The Associated Press plans to end its weekly book reviews, beginning September 1, citing low audience engagement, but will continue to cover books as stories
Sam Tobin / Reuters:
A UK judge dismisses Wikimedia's Online Safety Act challenge over requiring Wikipedia to verify users and contributors' IDs, but says it can file new challenges
Charlotte Tobitt / Press Gazette:
Future launches a Tom's Hardware premium membership for £51 per year, as the UK publisher aims to diversify its revenue beyond ads and e-commerce
Discussion: Tom's Hardware and r/hardware
Will Bunch / The Philadelphia Inquirer:
LAPD officers struck and injured UK photojournalist Nick Stern twice while he was covering LA immigration protests, and assaulted multiple other journalists
Ashley Carman / Bloomberg:
Wondery's restructure suggests the end of the “Serial” podcasting era and the start of a new one, marked by investment tied to video and the creator economy
 

 
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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