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The Hollywood Reporter:
Nexstar says it has closed its Tegna acquisition after the DOJ and FCC approved it; CEO Perry Sook says Nexstar is grateful to Trump and the FCC's Brendan Carr — The megadeal is being challenged by eight states, but DOJ and FCC approval Thursday allowed the deal to close.
Discussion:
MediaPost, Associated Press, Variety, Advanced Television, Poynter, Washington Post, St. Louis Business Journal, Inside Radio, Policyband, TheDesk.net, Nexstar Media Group, Inc., Barrett Media, Washington …, C21Media, Newser, @brianstelter, @_newsbae, @brianstelter, @agomezfcc, Reuters, Texas Monthly, MarketWatch, NPR, Los Angeles Times, TheDesk.net, Newsweek, Politico, The Hill, Barrett Media, The A.V. Club, The Wrap, Reuters, @notaaroncraig.bsky.social, NewsBlues.com, KHOU-TV, Bloomberg and New York Times
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Ted Johnson / Deadline:
The FCC approves the sale of certain local broadcast TV stations from Tegna to Nexstar, granting a waiver from a cap limiting how many stations can be owned — Nexstar said on Thursday that they had closed their acquisition of Tegna following approvals from the FCC and the Justice Department.
Discussion:
NBC News, TVNewsCheck, NY State Attorney General, Pressing Issues, Daily Press, @superwuster, @brendancarrfcc, @fcc, New York Times, CBS News, UPI, TheDesk.net, TheDesk.net, @agomezfcc.bsky.social, Reuters, Cord Cutters News, Bloomberg, Radio & Television …, @agomezfcc.bsky.social, WVEC, Los Angeles Times and Free Press Action Fund Feed
David Shepardson / Reuters:
Eight US states, including CA, CO, and NY, sue to block Nexstar's proposed $3.54B merger with Tegna on antitrust grounds; DirecTV files a separate suit
Eight US states, including CA, CO, and NY, sue to block Nexstar's proposed $3.54B merger with Tegna on antitrust grounds; DirecTV files a separate suit
Discussion:
Washington Examiner, Bloomberg, CNN, NBC News, CNN, @jeffjacksonnc, @jeffjacksonnc, US District Court, Eastern District of California, @davidshepardson, TV Tech, @agrobbonta.oag.ca.gov, Deadline, BIG by Matt Stoller, Cord Cutters News, All Rise News, The Wrap, Yahoo Finance, Blockonomi, Bloomberg Law, @agrobbonta, Associated Press, Deadline, Barrett Media, The Hollywood Reporter, Variety, Radio & Television …, doj.state.or.us, State of California, @ddayen.bsky.social, The Wrap, WXIA-TV, TheDesk.net, Cord Cutters News, The Hill, @notaaroncraig.bsky.social, @nateraymond.bsky.social, Fingerlakes1.com, Reuters and Wall Street Journal
Alexandra Alter / New York Times:
Hachette cancels the US release of the novel Shy Girl and is discontinuing its UK edition after readers claimed the author relied heavily on AI to write it — Its publisher, Hachette, will not release the novel in the United States and will discontinue its U.K. edition, citing its commitment to …
Ted Johnson / Deadline:
In a memo to CBS News staff, Bari Weiss and Tom Cibrowski announce layoffs without specifying the extent of the cuts; employees will be notified by end of day — CBS News announced a new round of layoffs on Friday, the latest for the news division under the network's new parent Paramount Skydance.
Discussion:
The Hollywood Reporter, Business Insider, @jeremymbarr, @brianstelter, @maxwelltani and @alexsteigrad
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James Faris / Business Insider:
Source: CBS News is planning to lay off dozens of employees as part of an overhaul led by Bari Weiss; 11 employees of CBS Evening News took buyouts in February — Follow James Faris … - CBS News is planning to lay off dozens of employees across the company.
Alyssa Ray / The Wrap:
The ProPublica Guild, representing ~150 employees, voted 92% in favor of a strike authorization after negotiating for over two years for its first contract — “Our union stands united in supporting ProPublica Guild's efforts to win a fair and just contract,” Susan DeCarava, president of The NewsGuild of New York, adds
Discussion:
NewsGuild of New York
Benjamin Mullin / New York Times:
In an interview, Jonah Peretti discusses using subscriptions to AI products, events, the sale of some of BuzzFeed's assets, or a joint venture to save BuzzFeed — Jonah Peretti, the founder of BuzzFeed, created a viral hitmaker for the millennial generation.
Stuart Dredge / Music Ally:
Sony Music exec Dennis Kooker says the company has sent 135K+ takedown notices for deepfakes of its artists, but sees opportunities in AI with proper licensing — - Email a link to a friend (Opens in new window) Email — The IFPI launched its latest Global Music Report this morning in London …
Discussion:
TechRadar, BBC, CMU and Digital Music News
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Murray Stassen / Music Business Worldwide:
IFPI: global recorded music revenues hit $31.7B in 2025, up 6.4% YoY, total streaming revenue surpassed $22B, and users of paid music subscriptions reached 837M
IFPI: global recorded music revenues hit $31.7B in 2025, up 6.4% YoY, total streaming revenue surpassed $22B, and users of paid music subscriptions reached 837M
Discussion:
@aramsinn.bsky.social, @aram@aoir.social, Ricardo Castanheira on LinkedIn and Billboard
Bron Maher / A Media Operator:
The UK's Observer offers a new round of buyouts almost one year after its acquisition by Tortoise Media; ~33% of staff reportedly took the buyout offers in 2025 — The Observer, the historic Sunday newspaper that was acrimoniously acquired by start-up Tortoise Media from The Guardian last year …
Discussion:
Telegraph
Brian Steinberg / Variety:
A look at the AP's shift into video to generate DTC revenue; a source says US papers make up under 10% of its overall revenue and non-media clients are growing — Giovanna Dell'Orto was doing some of the hardest work a reporter can, talking to people who had just seen a shooting.
Discussion:
American Press Institute and Julie Pace on LinkedIn
Adrian Weckler / Irish Independent:
Mediahuis Ireland suspends former CEO Peter Vandermeersch from his role as a fellow after he admitted that some quotes in his writings were AI “hallucinations” — The Irish Independent has removed recent opinion articles written by the journalist while seeking clarity
Discussion:
DutchNews.nl, nltimes.nl, @damon.kiesow.net and RTÉ
Rachel McDevitt / 90.5 WESA:
Pittsburgh City Paper, closed by Block Communications three months ago, is reviving under a new nonprofit, LocalMatters, with Lenfest Institute backing — Nearly three months after Pittsburgh City Paper announced it was shutting down, the alt-weekly is rising from the dead, thanks to new ownership.
Katie Kilkenny / The Hollywood Reporter:
In a letter to two US Congress members on the Paramount-WBD deal, David Ellison supported a federal film tax incentive, inducements for US production, and more — In a letter to Sen. Adam Schiff and Rep. Laura Friedman, the Paramount and soon-to-be Warner Bros. studio chief argued …
Discussion:
@karlbode.com, Washington Examiner, The Wrap and Variety
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