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12:30 PM ET, July 1, 2026

Mediagazer

 Top News: 
Rob Wile / NBC News:
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies  —  The annual report also includes $80 million in income from settlements tied to his lawsuits against companies like ABC, CBS, Meta and YouTube.
Reuters:
The UK says it is leaning towards intervening in Paramount's $110B WBD takeover, citing concerns over media freedom and the provision of on-demand programming  —  British culture minister Lisa Nandy said on Tuesday she was minded to intervene in Paramount Skydance Corp's (PSKY.O) …
RELATED:
Edith Hancock / Wall Street Journal:
The European Commission says Paramount offered concessions for its $110B WBD takeover to ease competition concerns, and sets a July 22 investigation deadline  —  Paramount says it's confident the remedy directly and comprehensively addresses concerns  —  Paramount Skydance offered …
Nick Vivarelli / Variety:
The EU says Paramount has committed to exit its United International Pictures distribution JV with Universal as a condition for EU approval of its WBD merger  —  Paramount will exit its United International Pictures distribution joint venture with Universal as a condition for EU approval …
Discussion: The Hollywood Reporter and Reuters
Kelly McBride / NPR:
NPR's Nina Totenberg misheard a statement about retirements and told editor Krishnadev Calamur that Alito was retiring; Calamur then posted a prewritten story  —  NPR legal affairs correspondent Nina Totenberg misheard an announcement about retirements as she was leaving the U.S. Supreme Court on Tuesday.
RELATED:
Benjamin Mullin / New York Times:
NPR retracts an article saying Supreme Court Justice Samuel Alito was retiring; he has made no such announcement, and a spokesman called the story “inaccurate”  —  The news outlet quickly removed the article, which was written by NPR's seasoned Supreme Court reporter, Nina Totenberg, from its website.
The Guardian:
Canada will join the Eurovision song contest in 2027, becoming the first new participant since Australia in 2015; the contest will be held in Bulgaria  —  Country is first to join since Australia in 2015 as event director says it ‘continues to welcome the world’
Rick Porter / The Hollywood Reporter:
Netflix and Eureka Productions worked with ElevenLabs to use AI to re-create Gene Wilder's voice as Willy Wonka for a new unscripted series  —  The streamer had the permission of the late actor's estate to generate the voiceover. … Netflix and Eureka Productions, which is behind The Golden Ticket …
Oliver Darcy / Status:
Sources: CNN chief legal affairs correspondent Paula Reid declined to renew her contract, which expires this summer, after raising concerns about CNN's future  —  It's a role Reid has filled repeatedly during her tenure at CNN, becoming one of the network's most trusted legal voices …
Ivan Mehta / TechCrunch:
Podcasting platform Riverside launches AI tools to turn videos into newsletters, draft a first cut of a recording, create social media content, and more  —  Video and podcast recording tool maker Riverside is giving its users a new way to reach their audiences: newsletters.
Jaspreet Singh / Reuters:
Dish DBS and several subsidiaries file for Chapter 11 bankruptcy protection in Texas; the company expects to emerge from bankruptcy by the third quarter  —  EchoStar's (ECHO.O) satellite pay-TV unit Dish DBS and its wireless subsidiaries have filed for Chapter 11 bankruptcy protection …
 
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 More News: 
Bloomberg:
Sources: TikTok settles a lawsuit before a second California trial over social media harm to minors for an undisclosed sum; Meta and Snap remain defendants
Elias Schisgall / Wall Street Journal:
Getty Images says it will terminate its Shutterstock merger after the UK CMA conditioned approval of the deal on Shutterstock selling its editorial business
Nicole Sperling / New York Times:
Indie studio Neon acquires the biopic on Sam Altman and OpenAI, after Amazon MGM Studios walked away from it; Amazon invested $50B in OpenAI in February
Bloomberg Law:
A US federal judge blocks a DOD policy requiring staff escorts for credentialed reporters inside the Pentagon building, after the NYT challenged the policy
The Keyword:
Google launches Nano Banana 2 Lite, a low cost text-to-image model that delivers outputs in four seconds, and rolls out Gemini Omni Flash to developers
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
The Guardian plans to create around 55 jobs in the UK, the US, and Australia over the next year across editorial, product development, analytics, and commercial
Discussion: Journalism.co.uk
Charlotte Tobitt / Press Gazette:
Axel Springer closes its £575M acquisition of Telegraph Media Group, ending a three-year saga, and names Carolin Hulshoff Pol as TMG CEO, replacing Anna Jones
Peter Vercoe / Bloomberg:
Australia's ACCC sues Amazon for allegedly introducing ads to Prime Video under unfair contract terms and forcing existing subscribers to pay more to avoid them
 

 
From Techmeme:

Bloomberg:
Sources: Meta plans a cloud infrastructure business that will sell access to AI compute and models, to compete with AWS, Azure, and Google Cloud; META jumps 9%

Anthropic:
Anthropic says access to Claude Fable 5 and Mythos 5 is now restored and it is drafting a jailbreak severity standard with Amazon, Microsoft, Google, and others

Stephen Totilo / Game File:
Sony says all new PlayStation games will only be sold in digital formats from January 2028, as digital media preference “significantly outpaces physical discs”
 
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