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7:10 PM ET, July 25, 2026

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 Top News: 
Brian Stelter / CNN:
Filing: Paramount and state AGs agree to freeze the WBD merger until an antitrust trial occurs or until June 2027; a preliminary injunction hearing is canceled  —  Paramount announced Friday afternoon that its takeover of CNN's parent company, Warner Bros. Discovery, will be delayed for many months …
Alyssa Ray / The Wrap:
At the rescheduled WHCA dinner, Trump praised the press corps' response to the April shooting before insulting journalists and celebrities who criticized him  —  “[Collins] shouldn't get the award.  It was a fake,” the president rails in his White House Correspondents' Dinner speech
Michael Birnbaum / Washington Post:
Trump says he supports subpoenaing reporters in leak probes and that reporters should be forced to reveal the source of the leaked SCOTUS ruling overturning Roe  —  Hours before addressing the White House press corps, the president endorsed using subpoenas against reporters in national security leak investigations.
RELATED:
Associated Press:
The DOJ withdraws subpoenas that would have forced three NYT reporters to testify about sources, after a federal judge criticized the DOJ for sloppy legal work  —  Criticized by a federal judge for sloppy legal work, the government on Thursday withdrew subpoenas that would have compelled three …
Winston Cho / The Hollywood Reporter:
Kalshi asks Netflix to take down a trailer for Instadocs: The Prediction Games, saying it falsely suggests users placed bets in Nevada, where Kalshi is blocked  —  In a cease-and-desist, the company takes issue with the trailer falsely suggesting that Kalshi is violating a court order barring it from operating in Nevada.
Natalie Korach / @nataliekorach:
Memo: HuffPost EIC informs staff that ~15 editorial jobs will be cut, the first layoffs under new owner Byron Allen, and executive editor Kate Palmer is leaving  —  Scoop: Byron Allen has begun his first round of layoffs since acquiring the BuzzFeed properties, with HuffPost staffers being notified of 15 editorial cuts Thursday [image]
Alex Weprin / The Hollywood Reporter:
Facebook plans to test a full-screen “immersive video” player when users open the app, replacing the newsfeed, in select international markets this year  —  The social platform says it will test a video-first look for users when they open the app in select countries, potentially bringing it to the U.S. next year.
Kelly McBride / NPR:
How CPB's closure has affected public media, one year in: a rise in donations, attempts to cut state funding, a likely rise in unaffiliated stations, and more  —  Bigger changes to the public radio network are still coming  —  One year ago, Congress passed legislation that stripped $535 million …
Discussion: Editor and Publisher
Akriti Sharma / Bloomberg:
As student protests spread across India, Narendra Modi turns to Reels, swapping his trademark cinematic videos for self-recorded messages aimed at Gen Z  —  As student protests spread across India, Prime Minister Narendra Modi has turned to Meta Platforms Inc.'s Instagram Reels …
Corbin Bolies / Variety:
Patreon lays off 20% of its employees, or 93 people, citing a “painful” restructuring due to “profound” changes in the creator economy over the past six months  —  Patreon, the creator-focused monetization platform, said on Thursday it was laying off 20% of its employees …
Nicole Sperling / New York Times:
How special-edition popcorn buckets designed for major movies became lucrative; AMC Theatres estimates they will generate $100M in revenue this year  —  Fans of “The Odyssey,” the summer blockbuster directed by Christopher Nolan, could choose between two popcorn buckets …
 
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 More News: 
Katie Kilkenny / The Hollywood Reporter:
QVC and HSN hosts vote to unionize and join SAG-AFTRA, an organizing drive fueled by concerns around generative AI
Munsif Vengattil / Reuters:
Delhi High Court rules OpenAI's use of ANI content to train ChatGPT wasn't copyright infringement as the news agency didn't show ChatGPT reproduced its reports
Brooks Barnes / New York Times:
Sony Pictures Entertainment plans to restore the Cinerama Dome and adjacent 14-screen theater in Los Angeles, reopening in 2028 and operated by Alamo Drafthouse
 Earlier Picks: 
Hanaa' Tameez / Nieman Lab:
Hearst, Dow Jones, Condé Nast and NJ.com are setting subscription renewal prices using dynamic pricing, often using AI and referred to as “personalized offers”
Financial Times:
Financial firms, their lawyers, and ethics experts say there could be legal risks in paying Trump Media for fast access to Truth Social posts via an API
Chris Roush / Talking Biz News:
Forbes Chief Content Officer and magazine EIC Randall Lane has left after joining in 2011; executive editor Kerry Lauerman will oversee editorial operations
 

 
From Techmeme:

New York Times:
Sources: OpenAI and Anthropic quietly lobby Washington regulators to restrict open-source AI models, even as Sam Altman publicly says he supports open source AI

Hooyeon Kim / Bloomberg:
Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products

Pei Li / Bloomberg:
Sources: DeepSeek told investors it is suspending its second funding round after remarks attributed to Liang Wenfeng on US-China AI competition went viral
 
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