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11:50 AM ET, September 30, 2025

Mediagazer

 Top News: 
Spotify:
Spotify says Daniel Ek will step down as CEO and become executive chairman in January 2026, and names CPTO Gustav Söderström and CBO Alex Norström as co-CEOs  —  Today, Spotify (NYSE: SPOT) announced that Founder and Chief Executive Officer Daniel Ek will transition to the role …
Scott Murdoch / Reuters:
Australia's Seven West Media agrees to merge with Southern Cross Media, forming a ~$274M metropolitan and regional group to better compete with streaming giants  —  - Southern Cross shareholders to own 50.1% of merged group  — Merger expected to save A$25-30 million annually
Wall Street Journal:
Filing: YouTube will pay $24.5M to settle a 2021 Trump lawsuit over suspending his account after January 6, the last Big Tech company to settle his lawsuits  —  Google subsidiary is the last of three Big Tech companies to resolve personal litigation Trump filed against social-media platforms
Wall Street Journal:
Sources: OpenAI told studios that it plans to release a new version of Sora that creates videos featuring copyrighted material unless copyright holders opt out  —  Executives at the startup notified talent agencies and studios over the last week  —  OpenAI is planning to release a new version …
RELATED:
Wired:
Sources: OpenAI plans a stand-alone social app powered by Sora 2, featuring a TikTok-like vertical feed with AI-generated videos and a recommendation page
Michael Kunzelman / Associated Press:
A US district judge temporarily suspends the Trump administration's reduction-in-force plan to eliminate 532 jobs at USAGM, which oversees Voice of America  —  A federal judge agreed Monday to temporarily suspend the Trump administration's plan to eliminate hundreds of jobs at the agency …
Ryan Epps / Tom's Guide:
Amazon launches new Fire TVs and a $40 Fire TV Stick 4K Select with a new OS called Vega and built in Alexa+  —  A new Fire TV Stick also one-ups the competition  —  When you purchase through links on our site, we may earn an affiliate commission. … The new Mini-LED set will come in five sizes …
Lucas Manfredi / The Wrap:
Philo adds ad-supported tiers of HBO Max and Discovery+ to its Core package, raises the price from $28 to $33/month, and plans ad-free upgrades for early 2026  —  The Warner Bros. Discovery-owned streaming services will be available in an enhanced package for $33 per month
Jon Allsop / Columbia Journalism Review:
Reflections on seven years of writing CJR's The Media Today, highlighting the evolving media landscape and shifts in press coverage during Trump's presidencies  —  Some final reflections on seven years of writing CJR's newsletter.  —  The day I began writing this newsletter, in October 2018 …
Marisa Kabas / @marisakabas.bsky.social:
Source: Disney saw more than 1.7M total paid streaming cancellations between September 17, when it suspended Jimmy Kimmel, and September 23  —  SCOOP / UPDATE — Disney saw more than 1.7 million total paid streaming cancelations during the period 9/17-9/23, a Disney source confirms to me.
Deadline:
President Trump again promises a 100% tariff on movies made outside the US, saying the “movie making business has been stolen” from the US  —  Letting loose with a barrage of social media postings this morning on subjects ranging from furniture production in North Carolina to the NFL and more …
RELATED:
Katie Kilkenny / The Hollywood Reporter:
Sen. Adam Schiff and Rep. Laura Friedman from California call on Trump to consider a federal film and TV tax credit, instead of 100% tariffs on foreign films
 
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 More News: 
Dan Zaksheske / OutKick:
ESPN host Paul Finebaum is considering leaving ESPN to run for the US Senate as a Republican, and says Charlie Kirk's murder played a role in his interest
 Earlier Picks: 
Fox News:
An interview with WaPo's new Opinion Editor Adam O'Neal on its editorial pivot to “personal liberties and free markets”, why people don't trust WaPo, and more
Lillian Rizzo / CNBC:
Comcast names Mike Cavanagh as co-CEO alongside Brian Roberts, starting in January 2026; Roberts will remain chairman of the company
 

 
From Techmeme:

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Abner Li / 9to5Google:
Google rolls out Gemini 3 Deep Think to Google AI Ultra subscribers in the Gemini app, after saying in November it needed “extra time for safety evaluations”
 
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