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5:15 PM ET, May 19, 2025

Mediagazer

 Top News: 
Michael M. Grynbaum / New York Times:
Memo: CBS News President and CEO Wendy McMahon is stepping down from the network, saying “it's become clear the company and I do not agree on the path forward”  —  Wendy McMahon, the president of CBS News and Stations, had allied herself with Bill Owens, the “60 Minutes” executive producer who recently resigned.
RELATED:
Brian Steinberg / Variety:
Sources: CBS News is considering new changes to the Evening News as Wendy McMahon exits and the program falls further behind its rival programs at ABC and NBC  —  Expect new headlines soon out of “CBS Evening News.”  —  After being overhauled in major fashion earlier this year …
Alex Sherman / CNBC:
Sources: Paramount Global co-CEO George Cheeks had a discussion with CBS News CEO Wendy McMahon on Saturday and asked for her resignation
Andrew Webster / The Verge:
Netflix says Season 56 of Sesame Street will be available on Netflix “later this year”; Sesame Street had searched for a streamer since Max dropped it in 2024  —  It's coming later this year. … Sunny days are on their way to Netflix.  The streamer just announced that the next season …
RELATED:
New York Times:
Kara Swisher and Scott Galloway re-sign their Vox Media deal using a novel revenue-sharing contract with no guaranteed payments, potentially earning them ~$70M  —  Kara Swisher's interviews made her famous among technology obsessives decades ago.  She persuaded the rivals Bill Gates …
ITV News:
Gary Lineker says he will leave the BBC after Match of the Day on April 25 and apologizes for his now-deleted Instagram post criticized as antisemitic  —  The BBC has confirmed Gary Linker will be leaving the BBC after hosting his final Match of the Day this Sunday.
Katie Hicks / Marketing Brew:
The Onion launches America's Finest Creative Agency, offering copywriting and creative strategy services for brands  —  America's Finest Creative Agency is “like a writer's room and like a strategic and conceptual laser in your pocket,” The Onion's CMO Leila Brillson said.
Todd Spangler / Variety:
SAG-AFTRA files an NLRB unfair labor practice charge against Epic's Llama Productions for using AI to recreate James Earl Jones' Darth Vader voice in Fortnite  —  SAG-AFTRA said Epic-owned Llama Productions “chose to replace the work of human performers with AI technology” …
Matthew Keys / The Desk:
Source: about 60 of the 500 VOA workers whose contracts were terminated by the USAGM are likely to be deported within the next month due to losing their jobs  —  Many independent contractors laid off by the broadcaster last week hold work visas that require continued employment to stay in the United States.
Max Tani / Semafor:
Vice renews Shane Smith's podcast for a second season after it got tens of millions of YouTube views, and launches the Vice News Collective for news influencers  —  THE SCOOP  —  The founder of Vice is hoping to use the recent success of his podcast to prop up a new talent network built around the show.
Discussion: @maxwelltani
Oliver Darcy / Status:
Q&A with YouTube Managing Director of US Partnerships Brian Albert on YouTube's NFL push and how it paid 3M+ creators $70B+ over three years across 20B videos  —  YouTube's Brian Albert breaks down the platform's NFL play, creator-fueled dominance, and why advertisers need to throw out the old TV rulebook.
New York Times:
Some long-trusted Indian media news outlets and TV networks reported unverified information and fabricated stories during the latest India-Pakistan conflict  —  During the conflict between India and Pakistan, even some long-trusted outlets reported unverified information and fabricated stories.
Richard Headland / Press Gazette:
The Times and Sunday Times launch online subscription sharing, after 76% of test users with “bonus accounts” said they were more likely to keep subscribing  —  The Times and Sunday Times have added online subscription sharing as part of a range of tactics to improve customer loyalty.
 
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 More News: 
Naman Ramachandran / Variety:
BBC Studios launches a reorganization, with a “Global Production” unit and “Unscripted Productions” division to capitalize on surging unscripted content demand
Discussion: Deadline
Matt Flegenheimer / New York Times:
An interview with ESPN's sport commentator Stephen A. Smith about a potential 2028 presidential run, emulating Joe Rogan to build political clout, and more
Max Tani / Semafor:
Sources: Bill Maher's podcast company Club Random Studios has ceased operations, after launching in March 2024
Lucas Shaw / Bloomberg:
A look at the reasoning behind David Zaslav's strategy to rebrand HBO Max as Max, its failure to broaden the streamer's appeal, and the push to bring “HBO” back
 Earlier Picks: 
Charlotte Klein / New York Magazine:
A look at the NYT's Opinion section under Kathleen Kingsbury: the department has doubled in size to ~200 and encroached on newsroom sections like the magazine
Daniel Thomas / Financial Times:
Sources: New York Sun owner Dovid Efune is launching a new “British bid” to buy The Telegraph with backing from Brexit backer Jeremy Hosking and Nadhim Zahawi
Financial Times:
Sources: BT is in advanced talks to sell its 50% stake in TNT Sports UK to WBD, its joint venture partner, and could announce the deal as early as next week
 

 
From Techmeme:

Bloomberg:
Sources: Microsoft plans to announce thousands of job cuts, particularly in sales, early next month after the end of its fiscal year

Bloomberg:
Texas Instruments plans to spend $60B+ on US semiconductor plants, including two new factories in Texas, and says its long-term spending plan remains unchanged

MacKenzie Sigalos / CNBC:
The DOJ announces the seizure of $225.3M in crypto linked to “pig butchering” scams, marking “the largest cryptocurrency seizure in US Secret Service history”
 
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