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12:10 PM ET, October 16, 2025

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 Top News: 
David Bauder / Associated Press:
About 40 to 50 Pentagon reporters turned in access badges and exited the Pentagon rather than agree to new US government-imposed restrictions on their work  —  Add AP News to Google Add AP News as your preferred source to see more of our stories on Google.  Share
Natalie Korach / Status:
Vox hires Astead Herndon from the NYT to host a new video podcast and serve as editorial director starting on October 20, a significant loss for the NYT  —  Vox has poached Astead Herndon from The NYT to host a new video podcast and serve as editorial director, contributing to political coverage across all mediums for the outlet.
Ted Johnson / Deadline:
CNN plans to launch its All Access streaming subscription tier on October 28 for $6.99 per month or $69.99 per year in the US  —  CNN is making another go of it with a subscription service, announcing an Oct. 28 launch for its “all access” service at a price of $6.99 per month.
Jagmeet Singh / TechCrunch:
India-based Kuku, which offers audio and vertical video stories, raised an $85M Series C led by Granite at a ~$500M valuation and says it has 10M+ subscribers  —  Kuku, an Indian storytelling platform backed by Google, has raised $85 million in fresh funding as it aims to scale its audio …
Alex Sherman / CNBC:
Sources: Apple is set to announce an exclusive US media rights deal with Formula One, paying $140M per year; F1 races average 1.4M viewers on ESPN  —  - Apple is about to announce a $140 million per year media rights deal with F1 for its U.S. rights, according to people familiar with the matter.
Mark Stenberg / Adweek:
Le Monde joins more than 20 publishers in offering NYT subscriptions to some subscribers at no extra cost, exposing NYT to new audiences  —  A new subscription bundle with Le Monde, coupled with the promise of AI translation, underscore its untapped international audience
Discussion: Benzinga and Bloomberg
Jesse Whittock / Deadline:
Canal+ takes a 34% stake in French cinema operator UGC, with the option to build a controlling stake in 2028, and says UGC's content library will expand its own  —  Canal has signed an agreement for a 34% stake in French cinema operator UGC, as the London-listed Euro giant announced plans for a secondary listing in South Africa.
Discussion: Reuters and The Hollywood Reporter
Charlotte Tobitt / Press Gazette:
LAT Media Group reports a net loss before taxes of $48.1M in 2024, up from $30M in 2023, with a $21.5M loss in H1 2025; 50%+ of revenue still came from print  —  More than half of Los Angeles Times revenue still came from print in 2024.  —  The Los Angeles Times Media Group made a loss of almost $50m …
Alex Weprin / The Hollywood Reporter:
NBC News cuts about 150 jobs, or about 2% of the NBC News Group's workforce, ahead of the spinoff of MSNBC and CNBC into Versant  —  The cuts come ahead of Comcast's Versant spinoff, which will see MSNBC and CNBC cleaved off from the rest of the NBC News Group.
Annie Aguiar / Poynter:
Indiana University fired the adviser for The Indiana Daily Student, whose alums have won Pulitzers, showing how easily universities can seize student papers  —  By firing the Indiana Daily Student's adviser, IU showed how easily universities can seize control of the press they claim to support
Steven J. Horowitz / Variety:
Spotify partners with Sony Music Group, WMG, UMG, Merlin, and Believe to develop “responsible” AI products and says it will build a generative AI research lab  —  In a significant step towards interfacing with AI and its impact on the music industry, Spotify has partnered …
Brian Steinberg / Variety:
CBS News' Standards chief Claudia Milne announces her departure, becoming the first senior executive to leave since the arrival of Bari Weiss as EIC  —  Claudia Milne, who has overseen standards and practices at CBS News since 2021, announced her departure from the Paramount Skydance unit Thursday morning …
 
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 More News: 
Angela Giuffrida / The Guardian:
The Italian federation of newspaper publishers submits a complaint to Italy's communication watchdog calling for an investigation into Google's AI Overviews
Discussion: Ars Technica and Agenzia ANSA
Pew Research Center:
Survey: 46% say the news makes them feel informed often or extremely often, while 42% feel angry, 38% feel sad, and 27% feel scared with same frequency
Discussion: TheDesk.net
 Earlier Picks: 
Chris Roush / Talking Biz News:
WSJ restructures its health, science, and education teams, with the health group moving back under the business team, after separating during the pandemic
Discussion: The Wrap
 

 
From Techmeme:

Bjarke Smith-Meyer / Politico:
Nikita Bier accuses the European Commission of trying to deceptively amplify the reach of its post about its €120M fine on X; X terminates the EC's ad account

Alex Dooler / Bloomberg:
Binance receives three licenses from Abu Dhabi's financial regulator, allowing comprehensive operations across its exchange, clearing, and brokerage arms

Lauren Thomas / Wall Street Journal:
Sources: IBM is in advanced talks to buy data streaming software maker Confluent for ~$11B, above its market value of ~$8B as of December 5 close
 
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