Top News:
Todd Spangler / Variety:
WBD shareholders vote to approve Paramount Skydance's deal to acquire the company; in a non-binding vote, they reject compensation packages for David Zaslav — But investors weren't OK with the lavish golden parachutes that CEO David Zaslav and other WBD top brass are set to receive through the merger.
Discussion:
The Wrap, NBC News, New York Times, The Wrap, The Guardian, Awful Announcing, The Hollywood Reporter, Business Insider, Deadline, Deutsche Welle, Financial Times, Barron's Online, New York Post, @kevdgrussing.bsky.social, Dow Jones Newswires, The A.V. Club, @froomkin.bsky.social, Instapundit, Front Office Sports, The Hill, @rwmead.bsky.social, CNBC, Screen, The American Bazaar, @angryalgonquin.bsky.social, @karlbode.com, UPI, Washington Post, StreamTV Insider, Wall Street Journal, TV Tech, Common Dreams, Türkiye Today, Deadline, Yahoo Finance, Broadband TV News, CNN, Cord Cutters News, Axios, Wrestling Inc., @mayor.nyc.gov, Media Play News, Mediaite, KDFX-TV and WPXI-TV
Brian Steinberg / Variety:
Comcast: Q1 media revenue, which includes NBCU, rose 61% YoY to $7.28B due to the Olympics and the Super Bowl, and domestic ad revenue rose 135% YoY to $3.45B — What kind of business tightrope are media companies walking in 2026? Comcast generated an extra $2.2 billion due …
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Lillian Rizzo / CNBC:
Comcast reports Peacock's Q1 revenue rose 71% YoY to $2.1B, the quarterly loss rose to $432M from $215M a year prior, and subscribers increased 12% YoY to 46M
Comcast reports Peacock's Q1 revenue rose 71% YoY to $2.1B, the quarterly loss rose to $432M from $215M a year prior, and subscribers increased 12% YoY to 46M
Discussion:
The Wrap, Fierce Network, Blockonomi, MediaPost, Yahoo Finance, The Streamable, Benzinga, Media Play News, Cord Cutters News, Reuters, Morningstar, Barron's Online and Light Reading
Wall Street Journal:
Sources: DOJ officials met with broadcast-TV operators to discuss sports' migration to streaming, part of an antitrust probe into the sports-media marketplace — Antitrust officials and broadcast station owners discuss the Sports Broadcasting Act under investigation
Discussion:
Awful Announcing, Front Office Sports, Reuters, Barrett Media and Sports Media Watch
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Wall Street Journal:
Former Disney CEO Bob Iger rejoins Joshua Kushner's Thrive Capital in an advisory role; he served as a venture partner at Thrive in 2022 — The former Disney CEO has dabbled in tech and media investing — Bob Iger is returning to venture capital as he charts his next act after running Disney.
Discussion:
@joshuakushner, The Wrap, Variety, Deadline, Reuters, Disney News and The Hollywood Reporter
Alexandra Bruell / Wall Street Journal:
A profile of Robert Allbritton, who is transforming his news startup Notus into the Star; he plans to invest $10M this year and expects to break even by 2029 — Robert Allbritton, a co-founder of Politico, is betting big on the Star — Robert Allbritton was on a ski lift in Aspen, Colo. …
Discussion:
@alexbruell
Winston Cho / The Hollywood Reporter:
A former executive for MrBeast, Lorrayne Mavromatis, has sued the company, claiming sexual harassment, wrongful firing after maternity leave, and more — Lorrayne Mavromatis alleges female employees were subject to comments about their appearance from company leaders. Beast Industries has denied the claims.
Discussion:
Kotaku, Los Angeles Times, Fast Company, Tubefilter, Deadline, International Business Times, IGN, TheGamer, @dexerto, Fortune, New York Times, Associated Press, LADbible, Variety, Rolling Stone, NBC News, TMZ.com, Just Jared, Global News, Business Insider, The Verge, Courthouse News Service and The A.V. Club
Todd Spangler / Variety:
Front Office Sports plans to launch a syndicated daily TV news show, Front Office Sports Tonight, on September 14, airing on Fox and Nexstar stations and more — Front Office Sports is getting into the daily TV sports news game. — The company, the online outlet known for its aggressive coverage …
Michael S. Schmidt / New York Times:
Source: the FBI investigated NYT reporter Elizabeth Williamson after she wrote about Kash Patel's use of FBI staff for his girlfriend's security — The bureau said it is not pursuing a case, but the scrutiny is an example of the Trump administration weighing whether to criminalize routine news gathering.
Discussion:
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Fernando Cardoso / Reuters:
Brazil's antitrust watchdog approves a plan to deepen investigations into Google's use of journalistic content over potential abuse of its market position — Brazil's antitrust watchdog CADE approved on Thursday a recommendation to deepen investigations into the use of journalistic content by Alphabet's …
Discussion:
Conselho Administrativo … and valorinternational
Adam Lucente / AL-MONITOR:
Kuwait acquits journalist Ahmed Shihab-Eldin following 52 days' detention after he shared footage of damage resulting from the Iran war — The American-Kuwaiti journalist is expected to be released after 52 days in custody over posts about wartime damage. — American-Kuwaiti journalist …
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UPI, The Guardian, New York Times, Drop Site News, @liamjscott, @cpjmena, Zeteo, MS NOW, HuffPost and Committee to Protect …
Kyle Jahner / Bloomberg Law:
Music publishers including UMG, Warner Music, and Sony drop a copyright suit against Verizon following a SCOTUS decision limiting ISP liability in Cox's suit — Publishers representing the bulk of the music industry dropped a copyright lawsuit against Verizon Communications Inc. over music piracy …
Discussion:
Music Business Worldwide
Anna Koslerova / The Guardian:
Journalists at the Czech Republic's public broadcasters threaten to strike over plans to scrap license fees and move TV and radio funding to state control — Government aims to move TV and radio funding under state control, which critics say undermines independence
Discussion:
Reuters
