Top News:
Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department — Entertainment company is planning to eliminate as many as 1,000 positions in the coming weeks — Disney is preparing …
Dade Hayes / Deadline:
Sources: Paramount is unlikely to appoint a direct successor to Jeff Shell after his departure; Shell had few direct reports and did not lead WBD negotiations — Jeff Shell is unlikely to be directly replaced as president of Paramount, numerous insiders and people who do business with the company tell Deadline.
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Dominic Patten / Deadline:
Jeff Shell steps down as Paramount president and board member; a law firm report appears to clear him of claims that he shared confidential information
Jeff Shell steps down as Paramount president and board member; a law firm report appears to clear him of claims that he shared confidential information
Discussion:
Variety, Paramount Skydance Corporation, Mediaweek, @mattbelloni, The Hollywood Reporter, Associated Press, TheDesk.net, Sportico, Sports Media Watch, Cord Cutters News, @termiteterraceclub …, @olbermann.bsky.social, New York Post, Business Insider, Adweek, @ericfinalfantasy.bsky.social, @justinbaragona.bsky.social, Gamereactor UK, Reuters, @mhwilliams.bsky.social, @carlquintanilla.bsky.social and NewsMax.com
Alex Weprin / The Hollywood Reporter:
AMC Networks rebrands as AMC Global Media, filing new articles of incorporation in Nevada; CEO Kristin Dolan says streaming is its top domestic revenue source — The media company behind ‘The Walking Dead’ and Anne Rice universes is rebranding itself ahead of what it hopes will be its next genre-defining hit, ‘The Audacity.’
Discussion:
The Wrap, Deadline, Yeah and Media Play News
Laura Hazard Owen / Nieman Lab:
An analysis of the 200 most-recent tweets on X by 18 big publishers indicates links seem to hurt engagement, after debate arose over X's value for sharing news — Engagement for tweets from @nytimes (53 million followers) is dwarfed by engagement for tweets from @GlobeEyeNews (866,000 followers).
Discussion:
@natesilver538, @nikitabier, @thestalwart, Simon Owens's Media Newsletter, @robertschmad, @micsolana, @thestalwart, @thestalwart, @natesilver538, @natesilver538, @natesilver538, @natesilver538, @natesilver538, @micsolana, @natesilver538, @micsolana, @natesilver538, @storyofthegoats, @natesilver538, @natesilver538, @andy_bloch, @phl43, @nikitabier, @phl43, @david_ingram, @zach_barnett, @ernie.tedium.co and @simonowens.bsky.social
Tom Jones / Poynter:
MS NOW announces financial backing for the Pulitzer Center, and collaborations with The Marshall Project on ICE and States Newsroom to feature state reporting — The network will partner with The Marshall Project, States Newsroom and the Pulitzer Center to power investigative and statehouse coverage
Discussion:
Media Nation
Sri Muppidi / The Information:
Documents: OpenAI expects ads to generate ~$2.4B in 2026 revenue and to quadruple in 2027 to nearly $11B; in 2030, OpenAI expects ads to generate ~$102B — OpenAI's advertising effort is so new that the company is still working out the kinks in it. That hasn't stopped it from setting ambitious aims …
Dan Primack / Axios:
Meta begins removing dozens of Facebook and Instagram ads that trial lawyers placed to reach eligible plaintiffs, after social media addiction trial losses — Meta on Thursday began removing advertisements from attorneys who were seeking clients that claim to have been harmed by social media while under the age of 18.
Discussion:
Wall Street Journal, @rickclaypool and @sachalouise, more at Techmeme »
Dominic Preston / The Verge:
Spotify is adding toggles to stop video from playing inside the app for both music and podcasts, rolling out worldwide on all platforms and devices — Controls are rolling out worldwide to stop videos playing alongside music and podcasts. … Spotify is adding new toggles to stop …
Discussion:
PCMag, Engadget, 9to5Mac, Digital Trends, Spotify, Business Standard, Podnews and Android Central
Lachlan Cartwright / Breaker:
Sources: CBS News has invited Pete Hegseth to sit at its WHCD table; Fox News plans to host Tulsi Gabbard and Sean Duffy, and NY Post will host Scott Bessent — New Netflix Book; Talese's Rare Read; Breaker Barometer … The New York Times and the Times Guild have finally put one foot forward today …
Ali Swenson / Associated Press:
US HHS Secretary Robert F. Kennedy Jr. announces he is launching a podcast, billing it as a new way to expose “corruption” and “lies” making Americans sick — Health Secretary Robert F. Kennedy Jr. is launching a new podcast that he says will begin …
Discussion:
Bloomberg, Reality Tea, @seckennedy, @princess-vimentin.bsky.social, Originally Reported …, The Business of Fashion, @jeremymberg.bsky.social, Talking Points Memo, The Daily Beast, Gizmodo, The Hill, New Republic, Mediaite, @firedbutfighting.bsky.social, @gavinyamey.bsky.social, @aliswenson.bsky.social, Newsweek and Washington Examiner
Matthew Keys / TheDesk.net:
Court docs: California's DOJ warned Nexstar executives that the state's attorneys were scrutinizing Nexstar's Tegna bid more than a week before the deal closed — Attorneys with the State of California warned executives at Nexstar Media Group that their office was scrutinizing …
Abner Li / 9to5Google:
YouTube launches a Shorts feature to let creators generate photorealistic AI avatars using a “live selfie” recording of their face and voice, powered by Veo — YouTube is now letting users create an AI avatar that looks and sounds like them for use in Shorts. This feature was teased earlier this year.
Discussion:
The Verge, The Hans India, Android Police, Business Standard, Phandroid and Tech Times, more at Techmeme »
