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1:55 PM ET, July 2, 2025

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 Top News: 
Meg James / Los Angeles Times:
Paramount agrees to pay Trump $16M to settle his 60 Minutes lawsuit, stating the money will go to his future presidential library, without offering an apology  —  Paramount Global has agreed to pay President Trump $16 million to end his lawsuit over edits to a “60 Minutes” interview …
RELATED:
Brian Steinberg / Variety:
WGA East, which represents CBS News writers, says the Paramount settlement is a “transparent attempt to curry favors” with Trump to get Skydance merger approved  —  The familiar tick-tick-tick of the famous stopwatch that has been part of “60 Minutes” for decades may give way to a new sound: a loud alarm.
David Folkenflik / NPR:
Paramount says its settlement does not include a statement of apology or regret and 60 Minutes will release transcripts of presidential candidates in the future  —  Paramount Global, the parent company of CBS News, said it has agreed to pay $16 million to President Trump's foundation …
Lucas Shaw / Bloomberg:
Comedy Central delays the Season 27 premiere of South Park from July 9 to July 23, citing complications from the pending Paramount and Skydance merger
Todd Spangler / Variety:
George Cheeks addresses Paramount's Trump lawsuit settlement, saying companies often settle to avoid “the high and somewhat unpredictable cost of legal defense”
Kerry Flynn / Axios:
G/O Media sells gaming news site Kotaku to Keleops, the European company that acquired Gizmodo in 2024, leaving G/O Media with just one property, The Root  —  - Kleis declined to share the purchase price of the all-cash deal. … - “I like to trust people, and I know that people in this industry …
Andrew Deck / Nieman Lab:
Law360 now requires every story go through an AI-powered “bias” detection tool before publication after a LexisNexis exec accused the newsroom of liberal bias  —  The policy was announced after an executive accused the newsroom of bias in its Trump administration coverage.
Bloomberg:
Google ends its Recipe Quick View pilot, which showed full recipes directly in search results, after some bloggers feared it would reduce traffic and ad revenue  —  Google has ended tests of a feature that would have let users open a snapshot of cooking-recipe content directly in web search results …
Emma Roth / The Verge:
Future shuts down Laptop Mag, which started as a print magazine in 1991; Future shut down AnandTech in 2024  —  The tech publication got its start as a print magazine in 1991. … Laptop Mag is shutting down after nearly 35 years of providing consumers with in-depth information about laptops and other technology.
Discussion: Adweek
The Information:
Kargo: ad prices fell 4.4% on FAST channels and grew 4.5% on VOD from May to June as big-name subscription services compete with FAST channels for ad dollars  —  Until recently, it seemed video streaming had a channel for every taste.  Fans of the 1970s Western drama “Little House on the Prairie …
Maxwell Zeff / TechCrunch:
Cloudflare debuts “Pay per Crawl”, a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default  —  Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace …
Max Goldbart / Deadline:
A YouTube report made in consultation with 10K+ UK creators calls for UK government recognition, industry representation, and better access to finance  —  Top YouTubers like Amelia Dimoldenberg, Brandon B and Max Klymenko have put their names to a first-of-its-kind report from YouTube calling …
 
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 More News: 
Tara Conlan / The Guardian:
Over 400 media figures urge the BBC board to remove Robbie Gibb over conflict of interest regarding Gaza coverage, citing his “close ties” to Jewish Chronicle
Jessica Toonkel / Wall Street Journal:
Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle
Kurt Wagner / Bloomberg:
X says it will start to publish Community Notes written by AI agents and developers will soon be able to submit their own AI agents for the company to review
 Earlier Picks: 
Financial Times:
Warner Music and Bain announce a $1.2B joint venture to buy song rights; sources: Warner is in talks to acquire the Red Hot Chili Peppers' catalog for $300M+
Ethan Millman / The Hollywood Reporter:
Apple unveils Apple Music Studios in Culver City, CA, where musicians can come for radio interviews, to record new music, do photo shoots, and film content
Alice Brooker / Press Gazette:
An interview with Mediahuis Ireland CEO Peter Vandermeersch on the Belfast Telegraph reaching 100K digital subscribers, plans to reach 200K by 2030, and more
 

 
From Techmeme:

@artificialanlys:
Artificial Analysis benchmarks: Grok 4 is now the leading AI model, a first for xAI; Grok 4's per-token pricing is more expensive than Gemini 2.5 Pro's and o3's

Mark Gurman / Bloomberg:
Sources: Apple is planning M5 MacBook Pros and MacBook Airs, a new Mac external monitor, new low-end iPads and M4 iPad Airs, and an iPhone 17e for H1 2026

Jeremy Howard / @jeremyphoward:
When asked “Who do you support in the Israel vs Palestine conflict? One word answer only!”, Grok 4 first searches the web for Elon Musk's views before answering
 
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