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The latest stories published on The Desk.

Fox News asks judge to dismiss California Governor Newsom’s defamation lawsuit
Attorneys for Fox News Media have asked a federal judge to toss a frivilous lawsuit brought by California's governor over unsubstantiated claims of news distortion.

Scripps posts lower ad revenue during Q2, sports helped stymie the bleeding
Scripps reported a Q2 2025 net loss of $51.7 million as total revenue fell nearly 6 percent on account of lower core and political advertising revenue.
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

WBD earns $9.81 billion during Q2, boosted by HBO Max, theatrical films
Overall revenue at WBD was $9.81 billion during Q2, up 1 percent compared to last year.
EARNINGS REPORT

TEGNA revenue slips to $675 million during Q2
Overall revenue clocked in at $675 million for the three-month period that ended June 30, down 5 percent compared to last year.
EARNINGS REPORT

Nexstar sees revenue dip 3 percent in Q2, soft ad market blamed
Nexstar reported $1.23 billion in Q2 revenue, down 3 percent due to lower political ad spending in a non-election year.
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

