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8:45 PM ET, July 26, 2026

Mediagazer

 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 …
RELATED:
New York Times:
Sources: Paramount proposed to pause its merger with WBD because the company thought going to a trial was the fastest way to complete the deal  —  A flurry of negotiations last week cleared the way for an antitrust court battle with states that could determine the fate of the two iconic media giants.
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
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]
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.
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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
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.
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 …
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
Todd Spangler / Variety:
WBD sues Amazon, accusing it of a “lawless employee shopping spree” to poach WBD employees who are under contract, including HBO marketing veteran Pia Barlow  —  In its lawsuit, WBD alleged that “Amazon has chosen to ride on the coattails of other well-established Hollywood mainstays …
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  —  About 80 percent of participating presenters supported joining the performers' union SAG-AFTRA. … During the election, 37 hosts voted to join the national performers' union …
 
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 More News: 
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
 Earlier Picks: 
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
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:

Mark Gurman / Bloomberg:
Sources: Apple may have delayed AI glasses launch partly over privacy concerns that Meta's glasses created for the category, as it works to address the issues

Wall Street Journal:
Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10 GW data center project that SoftBank is developing in Ohio

Ashley Stewart / Business Insider:
Once hailed as an AI visionary, Satya Nadella faces pressure as a compute crunch forces Microsoft to prioritize its own AI products over Azure cloud customers
 
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