News Brief
Quick stories from the technology, journalism and media industries, updated daily.
Gray Media to acquire 10 stations from Allen Media
Gray Media will acquire nearly a dozen local television stations from Allen Media Group, the companies announced on Friday.
The Trade Desk earns $90 million profit during Q2
Six months after a rare financial stumble, advertising technology firm the Trade Desk appears to be turning things around.
EARNINGS REPORT
Lionsgate posts financial loss in first quarter after Starz split
Lionsgate posted a $94 million loss attributed to shareholders in its first quarter since splitting from premium multiplex network Starz.
Skydance Media completes merger with Paramount Global
Skydance has officially completed its merger with Paramount, bringing to a close a year-long, turbulent process that was met with several politically-influenced delays.
Optimum parent Altice USA logs lower broadband churn during Q2
Altice USA reported a smaller broadband subscriber decline in the second quarter (Q2) of 2025, a sign of stabilization in its core connectivity business.
EARNINGS REPORT
Apple gets exemption from Trump tariff on computer chips
The looming threat of tariffs on semiconductors will cause the price of hundreds of items to increase — everything from alarm clocks to baby monitors and fitness trackers to smart TVs.
Sinclair revenue dips to $784 million during Q2
Sinclair posted a net loss of $64 million during Q2, compared to a $17 million profit last year.
EARNINGS REPORT
Facebook parent violated California wiretap law, jury rules
A federal jury in California has determined Meta Platforms, the parent of Facebook, violated the state's wiretap law by collecting data from a period-tracking app.
Curiosity Stream generates $800,000 profit during Q2
Curiosity Stream reported strong second-quarter results, posting a 53 percent year-over-year revenue increase to $19 million and swinging to profitability.
EARNINGS REPORT
ESPN Unlimited to become new home of WWE’s premium events
ESPN has inked a multi-year deal with World Wrestling Entertainment (WWE) to become the new digital distributor of live premium events from the professional wrestling franchise.
Disney to launch ESPN Unlimited on August 21
The streaming plan unlocks access to ESPN's multiplex of cable networks and live sports programming from ABC for $30 per month.
Cumulus Media forges content partnership with Rumble
Podcasts from Westwood One and Cumulus are coming to Rumble's platform, and Rumble creators will contribute to Cumulus shows.