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The latest stories published on The Desk.
Paramount agrees to delay Warner Bros Discovery merger indefinitely
The company expects to restart the merger process next summer, but a prolonged legal battle with officials in California and elsewhere effectively pauses the deal for the foreseeable future.
Roku raises prices of streaming devices, ongoing memory shortage blamed
The cost of some Roku streaming devices has increased by as much as 50 percent as the company works through ongoing component shortages caused by the AI craze.
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LeBron James commitment to Philadelphia is big win for NBC Sports
The network has local TV rights to Philadelphia 76ers games and a robust package of national TV rights for NBC and Peacock.
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Byron Allen cuts jobs at Huffington Post after BuzzFeed acquisition
Less than two months after buying a $91 million mansion for himself, comedian Byron Allen is slashing jobs at BuzzFeed-owned Huffington Post.
Nexstar activates NextGen TV signals in Cleveland market
The market's CW Network station is serving as the "lighthouse" for other major network affiliates.
NEXTGEN TV
Televisa-Univision logs domestic ad revenue dip during Q2
Telemundo's coverage of the FIFA World Cup tournament in Spanish siphoned viewers from Univision in the United States.
EARNINGS REPORT
Report: Paramount Plus weighs free tier with limited content
The company hopes a limited free tier will drive stronger interest in its subscription-based offerings.
Scripps News to launch new weekly conversation show
The show will be hosted by media executive Jon Lieberman and feature conversations with reporters and other notable guests.
Magnite to support launch of Business Insider streaming TV channel
Magnite's SpringServe will handle direct advertising campaigns and programmatic demand for the channel.
Sources: ABC affiliation shuffle in St. Louis part of pending station swap between Gray, Sinclair
The move will see KMOV offer ABC programming on a digital sub-channel; it isn't clear what Sinclair will put on its channel when the change occurs in September.
Judge extends restraining order over Paramount-Warner Bros deal
The order was extended because the parties involved in the lawsuit need more time to develop arguments, gather evidence and confer on the matter, the judge wrote.
Hearst, Forum to acquire CBS affiliation from some Nexstar stations
The Nexstar-owned CBS affiliate in Albuquerque will soon carry Fox programming; CBS affiliates in at least three other markets will become CW Network-owned stations.
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