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, New York Times, NBC News, The Hollywood Reporter, New Republic, The Guardian, Forbes, Mediaweek, The Wrap, @brianstelter, @jbflint, Instapundit, Front Office Sports, @tedstew, Deadline, Deutsche Welle, The American Bazaar, HuffPost, Türkiye Today, @ewarren, Broadband TV News, @tedstew, @rbreich.bsky.social, @tedstew, @nycmayor, Wrestling Inc., @wgaeast.bsky.social, Awful Announcing, Financial Times, Common Dreams, Barron's Online, New York Post, StreamTV Insider, @rwmead.bsky.social, Screen, UPI, Business Insider, TV Tech, Al Jazeera, Dow Jones Newswires, @kevdgrussing.bsky.social, @angryalgonquin.bsky.social, Cord Cutters News, Yahoo Finance, Wall Street Journal, Axios, CNN, The Hill, @froomkin.bsky.social, @karlbode.com, Deadline, @mayor.nyc.gov, Capital Brief, Media Play News, The A.V. Club, Mediaite, Washington Examiner, CNBC, WPXI-TV and KDFX-TV
RELATED:
Jeremy Barr / The Guardian:
President Trump attended a private dinner hosted by David Ellison in DC hours after the WBD shareholder vote; Rep. Jamie Raskin and others protested nearby — Paramount Skydance CEO fetes administration as it weighs $110bn merger with CNN parent WarnerBros Discovery
Discussion:
The Wrap, People, @davidcorn.bsky.social, @garygrumbach, Deadline, @jayapal.house.gov, @gtconway3d, @grynbaum, @ourrevolution, @gtconway3d, NPR, MediaPost and Variety
Washington Post:
The DOD fires the Stars and Stripes ombudsman after calling the paper “woke”; the ombudsman says she believes she was fired for defending editorial independence — Stars and Stripes ombudsman Jacqueline Smith said the Defense Department dismissed her without giving a reason, according to an email reviewed by The Post.
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, Reuters, Disney News, Variety, Deadline, The Hollywood Reporter and TechCrunch
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 …
RELATED:
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, MediaPost, Benzinga, Yahoo Finance, Cord Cutters News, The Streamable, Blockonomi, Media Play News, Reuters, Morningstar, Light Reading and Barron's Online
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 …
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:
@dankennedy.net and @alexbruell
Ben Jiang / South China Morning Post:
China's top market regulator says it is launching a six-month crackdown on the country's online ad sector, targeting malpractices including the misuse of AI — Market watchdog flags AI abuse and traffic-driven tactics as it launches first campaign to overhaul online advertising
Discussion:
Adweek
Yoni Greenbaum / Backstory & Strategy:
A nonprofit's acquisition of The Pittsburgh Post-Gazette is good news, but other options like systemic investment in the local ecosystem might have been better — The Pittsburgh Post-Gazette rescue is good news. It is not a model, and it is not the whole story.
Alex Weprin / The Hollywood Reporter:
Filing: TKO Group CEO Ari Emanuel's pay package in 2025 was $67.3M, up from $18.1M in 2024, and President Mark Shapiro's compensation hit $42.6M, up from $31.9M — The owner of UFC and WWE released its annual proxy filing Thursday, with Dwayne Johnson also receiving $900,000 for the use of his ‘Rock’ IP.
Discussion:
The Wrap, Deadline, @informedalarmist.bsky.social, Variety and Wrestling Inc.
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:
Mediaweek, Kotaku, Los Angeles Times, Deadline, International Business Times, Fast Company, Tubefilter, @joshuaerlich.bsky.social, @joshuaerlich.bsky.social, @joshuaerlich.bsky.social, @joshuaerlich.bsky.social, @dexerto, Fortune, TheGamer, IGN, LADbible, New York Times, Associated Press, Variety, Rolling Stone, NBC News, TMZ.com, Just Jared, Global News, Business Insider, The Verge, Courthouse News Service and The A.V. Club
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
