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7:50 AM ET, May 27, 2026

Mediagazer

 Top News: 
Michael Sainato / The Guardian:
New Jersey Online:
Donald Newhouse, who inherited a media empire, led Advance Publications' newspaper and cable TV divisions, and was Newark Star-Ledger president, dies at 96  —  Donald E. Newhouse, who as President of The Star-Ledger and head of Advance Publications' newspaper group presided over a prolonged period …
Axios:
Sources: Bond Capital is leading a new investment for AI startup Suno, which would value it at ~$5B, up from $2.45B last fall; Suno is expected to raise $250M+  —  Bond Capital is leading a new investment for AI music startup Suno, which would be valued at around $5 billion, Axios Pro has learned.
Brian Steinberg / Variety:
Nielsen: Tony Dokoupil's CBS Evening News averaged 4M+ viewers and 605K in the 25-54 demographic for the week ending May 22, the show's best ratings in weeks  —  Tony Dokoupil is pushing back.  —  The “CBS Evening News” anchor, who has been under intense scrutiny since taking the role in early January …
Discussion: The Wrap
Liz Hoffman / Semafor:
Sources: US DOJ antitrust regulators appear ready to approve Paramount's $110B WBD takeover after a two-hour meeting Tuesday; DOJ staff grilled David Ellison  —  The Scoop  —  US antitrust regulators appear ready to approve Paramount's $110 billion takeover of Warner Bros. Discovery …
Amanda Meade / The Guardian:
ABC Director of News Justin Stevens is leaving effective immediately after 19 years with the Australian broadcaster, including four years managing ~2,000 staff  —  Managing director Hugh Marks says Stevens made ‘incredible commitment’ to broadcaster over 19 years
Dade Hayes / Deadline:
Tegna names Fox Television Stations veteran Patrick Paolini as CEO; former CEO Mike Steib stepped down in March after Nexstar announced its merger with Tegna  —  Paolini spent 26 years at the Fox stations, including most recently as EVP of ad sales, departing the company last week.
Max Tani / Semafor:
A 2023 California law that requires creators to disclose payments for political ads reveals how paid influencers have radically changed political communication  —  On May 15, the Instagram gossip hub The Shade Room shared a lengthy post to its 28 million followers on Instagram promoting …
Alexandra Heal / Financial Times:
Sources: software-specialist PE firm Hg agrees to acquire Rightsline, whose software helps Disney, the BBC, WBD, and others manage IP licensing, for $500M  —  Acquisition of rights and royalties management company for $500mn comes after plunge in software stocks
Dalton Day / KING-TV:
The WA News Guild, representing workers at four McClatchy papers, held a one-day strike over wages and AI protection; Boise's Idaho Statesman also had a walkout  —  31 workers at four Washington newspapers, including The News Tribune, Bellingham Herald, Olympian and Tri-City Herald, helped organize the one-day strike.
Discussion: Straight Arrow and KTFT
 
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 More News: 
Aysun Bora / Financial Times:
Netflix and other streamers criticize Germany's plans to require streamers seeking subsidies to reinvest between 8% and 12% of sales in Europe as protectionist
Shannon Thaler Cherry / A Media Operator:
ProPublica launches its first in-house podcast, Paper Trail, an audio serialization of past investigations; filing: ProPublica had an $18.5M surplus in 2024
Alex Weprin / The Hollywood Reporter:
SpaceX filing: X's ad revenue was $1.8B in 2025, $1.7B in 2024, and $2.3B in 2023, below Twitter's $4B in 2021; X and Grok now have 6.3M active paid subscribers
Discussion: @ernie.tedium.co
Jess Weatherbed / The Verge:
Spotify launches a library of over 650 narrated long-form magazine articles in English for Premium users; free users can buy articles “individually for $1.99”
Financial Times:
Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” products are superior to unregulated AI “slop”
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
ITN rebrands its ITN Archive YouTube channel as Frontline by ITN, with a £3.99-per-month subscription option, and launches two new consumer-facing channels
Discussion: ExchangeWire.com
Lewis Parker / Kotaku:
Sources: Valnet issued new “Pay Per Session” contracts to TheGamer staff, including not paying writers if their articles do not exceed a minimum views threshold
Politico:
The US DOJ charges Thomas Pauken II, a US journalist who worked for Chinese state-run news outlets, for allegedly acting as an unregistered agent for China
Lakshmi Varanasi / Business Insider:
X says it is cracking down on large accounts that have been gaming its revenue-sharing program by “programmatically reuploading content from smaller accounts”