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3:45 PM ET, October 23, 2025

Mediagazer

 Top News: 
Brian Steinberg / Variety:
TelevisaUnivision reports Q3 revenue down 3% YoY to $1.3B and $90.5M net income, down from $190.3M YoY; subscription and licensing revenue rose 3% YoY to $493M  —  Spanish-language giant TelevisaUnivision said third-quarter profit declined as the company continued its efforts to streamline operations …
Janko Roettgers / The Verge:
Microdrama platforms borrow aggressive, user-hostile monetization and retention tactics from free-to-play mobile gaming to fuel in-app purchases and ad revenue  —  Apps like ReelShort and DramaBox have seen strong growth and huge revenue numbers by embracing user-hostile design choices.
Discussion: BBC, more at Techmeme »
RELATED:
Max Goldbart / Deadline:
BBC Strictly Come Dancing presenters Tess Daly and Claudia Winkleman are leaving at the end of this season after 10+ years; Strictly is the BBC's biggest show  —  Strictly Come Dancing presenters Tess Daly and Claudia Winkleman are exiting at the end of this season.
Wendy Davis / MediaPost:
A divided three-judge panel of the DC appeals court declines to reinstate an FTC subpoena of Media Matters as part of an antitrust probe into ad boycotts  —  A divided federal appellate panel has left in place a temporary order that prohibits the Federal Trade Commission from investigating …
Discussion: Reuters
Marine Doux / Columbia Journalism Review:
Meta's removal of all ads on “political, electoral, and social issues” in response to an EU law has swept up thousands of promotional posts from news outlets  —  When outlets depend on a single platform, what works to reach readers today can vanish tomorrow.  —  Read this article in French in Médianes.
Discussion: MediaNama
Tania Myronyshena / The Kyiv Independent:
Journalists Olena Hramova and Yevhen Karmazin of Ukraine's Freedom TV were killed in a Russian drone strike Thursday in Donetsk; Oleksandr Kolychev was injured  —  Freedom TV journalist Olena Hramova and cameraman Yevhen Karmazin were killed in a Russian drone strike on Kramatorsk …
Kendra Barnett / Adweek:
WPP rolls out WPP Open Pro, a self-serve version of WPP Open, its AI-powered marketing platform that helps marketers build campaigns and develop creative assets  —  WPP Open Pro is a new push from the holdco to expand vertical and horizontal integration of its flagship AI platform.
Charlotte Tobitt / Press Gazette:
The UK's Observer signs a commercial partnership deal with AI-powered news reader Particle News, joining Time, the LAT, Fortune, and The Atlantic  —  The Observer has signed a commercial partnership deal with AI-powered news platform Particle News as it ramps up its digital presence as a standalone brand.
Natalie Korach / Status:
Sources: WaPo is planning newsroom cuts to the audio, sports, and metro teams, and Opinion Editor Adam O'Neal said WaPo is in “severe financial distress”  —  On Tuesday morning, staffers at The Washington Post received a memo from Executive Editor Matt Murray …
New York Times:
In a letter, David Ellison told the WBD board that Paramount was WBD's only viable suitor, as offers from bigger companies would invite regulatory scrutiny  —  A letter from Paramount's chief executive, David Ellison, to Warner Bros.' board of directors reveals weeks of talks between the two companies.
RELATED:
Lucas Shaw / Bloomberg:
Source: WBD plans to require potential bidders to sign NDAs before it shares sensitive financial data; sources say Amazon and Apple have shown an interest
 
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 More News: 
Stephanie Palazzolo / The Information:
Source: Suno hit ~$150M in ARR from subscriptions to its app, up nearly 4x YoY; it has $10 and $30 per month subscription tiers, implying 5M+ subscribers
James Hibberd / The Hollywood Reporter:
Netflix plans to release the Stranger Things S5 finale in 350 US and Canadian movie theaters at 5pm PT December 31 through January 1 despite previous statements
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
B2B travel trade magazine TTG closes its print edition after 72 years to focus on digital and events, which it says account for 45% and 40% of its revenue
 

 
From Techmeme:

Will Shanklin / Engadget:
Apple releases the first public betas of iOS 27, iPadOS 27, macOS 27 Golden Gate, watchOS 27, and tvOS 27, marking the new Siri AI's first public launch

Demis Hassabis / @demishassabis:
Demis Hassabis proposes a US-based Standards Body for “Frontier-class” AI, modeled after the FINRA; labs would voluntarily share models 30 days before release

Amy Thomson / Bloomberg:
IBM reports preliminary Q2 revenue of $17.2B, below $17.9B est., as CEO Arvind Krishna says customers are shifting spending to chips; IBM falls 20% pre-market
 
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