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7:15 PM ET, May 26, 2026

Mediagazer

 Top News: 
Michael Sainato / The Guardian:
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.
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.
Max Goldbart / Deadline:
Gary Lineker's Goalhanger launches Goalhanger Ventures, an arm to provide infrastructure and funding, and makes an investment in Charlie Tymon's Invisible Media  —  It has also struck a partnership with Backyard Cricket, a sports creator brand.  —  Invisible Media said its videos …
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  —  ProPublica has entered the crowded podcast landscape.  For an investigative newsroom whose donor base skews mostly white …
Tariq Panja / New York Times:
Sources: Fox is paying $485M for 2026 World Cup broadcast rights, an estimated $500M to $1B below market value, after FIFA moved to avoid litigation with Fox  —  A decision to stave off litigation between Fox and FIFA turned into a bonanza worth hundreds of millions of dollars in discounted World Cup rights to the broadcaster.
Axios:
The Mandalorian & Grogu opened to ~$81M over Memorial Day domestically, the lowest Star Wars opening under Disney, yet analysts are hopeful about summer revenue  —  A disappointing theatrical debut over the weekend for Star Wars' newest film “The Mandalorian & Grogu” …
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”  —  More than 650 long-form articles are available starting today as part of Spotify's audiobook library.
Jesse Whittock / Deadline:
UK private equity firm Goldenpeak acquires Ampere Analysis for an undisclosed fee, marking the entertainment analysis company's first institutional investment  —  Ampere Analysis today has a new owner and another research house in its stable.  —  Private equity firm Goldenpeak has acquired …
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  —  SpaceX's IPO filing reveals ad revenue for X is still below what it was when Musk acquired Twitter, but it is growing again.
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
Dominic Ponsford / Press Gazette:
A look at Blooloop, a B2B publisher that has 11 staffers and covers the tourist industry; Muck Rack: it's the UK's ninth most-cited outlet in AI answers  —  Blooloop was launched 21 years ago and covers the visitor attractions industry globally.  —  A B2B newsbrand that was previously …
Discussion: @pressgazette.co.uk
Michael Schneider / Variety:
CBS issued takedown notices to YouTube users over Stephen Colbert's return to public access series Only in Monroe, but says it will stand down after outcry  —  Yes, it's true, Paramount/CBS had been issuing takedown notices to YouTube users who were uploading bootleg copies …
RELATED:
Lucas Manfredi / The Wrap:
CBS says Colbert's Only in Monroe episode was financed and produced by CBS Studios but it has decided to stop issuing takedown notices “until additional review”
 
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 More News: 
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
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”
Adi Robertson / The Verge:
The US FTC settles with Cox, MindSift, and 1010 Digital Works for $930K over claims they falsely said they could use phone mics to spy on users for ad targeting
 Earlier Picks: 
Reuters:
Handelsblatt: the EU plans to fine Google a high triple-digit million euro amount as part of a 2025 probe over concerns it favors its own services in Search
Wall Street Journal:
Sources: Love Island brought Peacock ~2M new subscribers in 2025, a rare bright spot after ~$1B in recent losses; Comcast says Peacock has 46M subscribers
Mark Stenberg / Adweek:
eMarketer: live sports TV ad spend in the US will top $20B in 2027 and hit ~$25B by 2030, growing 27% from 2026 to 2030, 4x the rate of the overall TV ad market