This page hosts daily news stories about the media, social media, and the journalism industry. Get the latest Hirings and Firings, Media Transactions, Controversies, and more.
CPB to Cease Operations Following Congressional Defunding
The Corporation for Public Broadcasting (CPB) will shut down after Congress rescinded $1.1 billion in funding over two years, a move initiated by a May 1 executive order from President Donald Trump titled “Ending Taxpayer Subsidization of Biased Media.” The CPB announced it will lay off most staff by September 30 and fully cease operations in January 2026. CPB President Patricia Harrison emphasized the organization’s historical role in providing educational and public service content, and the likely crippling impact on over 1,500 local public radio and TV stations, including NPR and PBS affiliates heavily reliant on CPB funding. Critics, including Republican lawmakers, accused the CPB of political bias and inefficiency. Read More (Washington Examiner Rating)
Dotdash Meredith Rebrands as People Inc.
Dotdash Meredith, the publisher behind brands such as Food & Wine, Travel + Leisure, and Better Homes & Gardens, is rebranding to “People Inc.” to align more closely with its flagship brand, People. CEO Neil Vogel explained the change reflects the company’s legacy and energy, noting the new logo pays homage to Time Inc.’s original wordmark with hand-drawn letterforms and a colored dot symbolizing its place in digital media. The rebranding aims to solidify a cohesive identity across its portfolio of lifestyle and entertainment brands. Read More (MediaPost Rating)
Alden Global Capital Fails in Bid for The Dallas Morning News
Alden Global Capital, known for cost-cutting takeovers of newspapers, has failed in its latest attempt to acquire The Dallas Morning News. After Hearst announced a $75 million acquisition deal, Alden countered with an $88 million offer. However, controlling shareholder Robert W. Decherd, a member of the newspaper’s founding family, rejected Alden’s bid and reaffirmed support for Hearst. Decherd’s opposition, reinforced by a new shareholder rights plan, effectively blocked Alden’s move. The Morning News remains a rare, robust newsroom in a consolidating industry, making it a target for both strategic investment and aggressive cost-cutting ventures. Read More (Nieman Lab Rating)
Do you appreciate our work? Please consider one of the following ways to sustain us.
or
Follow Media Bias Fact Check:
BlueSky: https://bsky.app/profile/mediabiasfactcheck.bsky.social
Reddit: https://www.reddit.com/r/Media_Bias_Fact_Check/
Threads: https://www.threads.net/@mediabiasfactcheck
Twitter: https://twitter.com/MBFC_News
Facebook: https://www.facebook.com/mediabiasfactcheck
Mastodon: https://mastodon.social/@mediabiasfactcheck
Instagram: https://www.instagram.com/mediabiasfactcheck/
Pinterest: https://www.pinterest.com/mbfcnews/
