Friday, August 1, 2025

TWH Calls Dust-Up Over Jeans Ads 'Cancel Culture Run Amok'


White House Communications Director Steven Cheung, a longtime advisor to President Donald Trump, sharply criticized the backlash against Sydney Sweeney’s American Eagle ad, calling it “cancel culture run amok.” 

USAToday reports Cheung responded on X to an MSNBC op-ed Yuesday that deemed it “fair” to condemn the ad, stating, “This warped, moronic, and dense liberal thinking is a big reason why Americans voted the way they did in 2024. They’re tired of this bulls—.” 

The ad, part of a broader partnership with the 27-year-old “Euphoria” actress, uses the tagline “Sydney Sweeney Has Great Jeans,” playing on “genes” and “jeans.” 

Critics, including some on TikTok and in outlets like MSNBC, Salon, and The Washington Post, have accused the campaign of promoting eugenics and “whiteness,” citing its focus on Sweeney’s blonde, blue-eyed appearance. 



In one video, Sweeney, dressed in denim, says, “Genes are passed down from parents to offspring, often determining traits like hair color, personality, and even eye color. My jeans are blue,” as the camera highlights her denim and blue eyes. 

Despite the controversy, American Eagle’s stock reportedly rose 4% amid the campaign’s attention, and the company defended its intent to celebrate “trendsetting denim” with Sweeney’s allure.

Radio History: Aug 1


➦In 1905...Radio actress Alice Dorothy Margaret Frost born (Died  at age 92 – January 6, 1998). She was an inaugural member of Orson Welles's Mercury Theatre on radio and the stage, she later performed the role of Pamela North on the radio series Mr. and Mrs. North for nearly 10 years

Alice Frost

Frost debuted on radio at age 16 as a singer, participating in a duet with a friend on a Minneapolis station. By 1933, she was a member of the cast of The Criminal Court. In 1934, she was "one of the ghost voices during CBS-WABC's Forty-Five Minutes In Hollywood."

➦In 1937...Mutual radio debuted “The Goodwill Hour”, with its familiar phrase, “You have a friend and advisor in John J. Anthony.”  The show began in 1932 as a 30-minute talk program, possibly  the first advice program of any kind. He offered advice and counseling on domestic problems. It was loosely based on a radio show called the Goodwill Court.

➦In 1940...WOR-FM NYC signed-on as W2XOR

➦In 1963...WABC 95.5 FM first aired stereo programming.

In the early 1960s, WABC-FM began to program itself separately from WABC-AM. During the 1962–63 New York City newspaper strike, the station carried an news format for 17 hours daily. Two-and-a-half years before WINS launched its own around-the-clock, all-news format in April 1965, it was the first attempt at an all-news format in the New York market.

Wolfman Jack, Richard Dreyfuss

➦In 1973…"American Graffiti" premiered in Los Angeles.  It starred Richard Dreyfuss, Ron Howard, Cindy Williams, Charles Martin Smith, Candy Clark, Mackenzie Phillips, Harrison Ford, and Wolfman Jack.

➦In 1973...DJ John R Richbourg aired his final show on WLAC 1510 AM, Nashville, Tennessee after refusing to go along with a format change from R&B to Top 40. He resigned.

John R
In the mid-1950s, John R. became an influential figure in the fledgling black music trade by featuring ground-breaking R&B and early rock performers like Chuck Berry and Fats Domino on his program. Later John R capitalized on his reputation by becoming a manager to several artists, an occasional record producer, and later entrepreneur in Nashville's booming studio industry. Nashville has long had a national reputation for country music. It. also has always had studio facilities devoted to soul, R&B, and gospel.

Richbourg may have gained his most enduring reputation as a pitchman who used "down-home" phrasing to ad-lib copy for advertisers. One example: Now, friends, I know you got some soul. If you didn't, you wouldn't be listenin' to ol' John R., 'cause I got me some soul. I'll tell you somethin', friends. You can really tell the world you got soul with this brand-new Swinging Soul Medallion, a jewelry pendant.

John R sold exotic or unusual products, such as baby chicks from a Pennsylvania hatchery, family Bibles, hot-rod mufflers, and so on. According Wes Smith's book, The Pied Pipers of Rock 'n' Roll: Radio Deejays of the 50s and 60s (Longstreet Press, 1989), many such products turned out to be defective and/or scams, but few irate customers ever sought action against the station or manufacturers. One legitimate sponsor was Ernie's Record Mart, owned by a record label entrepreneur who specialized in recording local Nashville R&B acts.

Despite the popularity of newer Euro-American performers such as Elvis Presley and The Beatles, Richbourg continued to play chiefly African-American artists.

➦In 1981...MTV premiered. "Video Killed The Radio Star".

Thursday, July 31, 2025

SiriusXM Subscriber Loses Smaller-Than-Expected


SiriusXM Holdings Inc. (SIRI) released its second-quarter 2025 earnings report Thursday mroning, before the market opened, revealing continued subscriber losses and revenue challenges amid a strategic focus on its core in-car audio business. 

The key details:
  • Earnings Per Share (EPS): SiriusXM reported an adjusted EPS of $0.77, meeting the Zacks Consensus Estimate of $0.77 but reflecting a 1.25% decline from the $0.78 reported in Q2 2024. On a GAAP basis, EPS was $0.82, compared to $0.84 in the year-ago quarter.
  • Revenue: Total revenue was $2.13 billion, down 2.3% year-over-year from $2.18 billion, slightly missing the Zacks Consensus Estimate of $2.13 billion. The decline was primarily driven by lower subscriber revenue due to a shrinking subscriber base and weaker advertising revenue.
  • Adjusted EBITDA: Adjusted EBITDA fell 2% to $687 million from $702 million in Q2 2024, with a margin of 32%, down from 33%. The decrease was attributed to lower subscriber revenue and increased subscriber acquisition costs, partially offset by reduced operating expenses.
Subscriber Metrics:
  • SiriusXM Segment:
    The company lost 119,000 self-pay subscribers in Q2 2025, an improvement from the 130,000 lost in Q2 2024, bringing the self-pay subscriber base to approximately 31.4 million. Total SiriusXM subscribers, including paid promotional subscribers, stood at 32.8 million, down from 33.2 million at the end of Q1 2025. 
  • The net subscriber loss was 178,000, compared to a net gain of 39,000 in Q2 2024, driven by a 59,000 loss in paid promotional subscribers (versus a 171,000 gain in Q2 2024). Subscriber revenue in this segment fell 4% to $1.59 billion, and average revenue per user (ARPU) dropped 2.6% to $15.08, reflecting promotional pricing and a shift to lower-tier plans.
Pandora and Off-Platform Segment:
  • Pandora lost 44,000 self-pay subscribers (Pandora Plus and Premium tiers), compared to a gain of 8,000 in Q2 2024, reducing the subscriber base to 5.8 million. Monthly active users (MAUs) at Pandora declined 5% to 43.1 million from 45.3 million in Q2 2024. Total segment revenue was $535 million, down 1% from $544 million, with advertising revenue flat at $404 million and subscriber revenue steady at $131 million. 
  • Podcast advertising revenue grew 8% year-over-year, partially offsetting softer digital ad performance.
SiriusXM reiterated its goal of achieving $200 million in annual cost savings by the end of 2025, with reductions in sales and marketing (down 18%), product and technology, and administrative expenses. However, subscriber acquisition costs rose 9% to $97 million due to contractual changes with automakers and higher chipset costs.

SiriusXM continued to bolster its programming, signing deals with high-profile talent like Bill Belichick for exclusive shows and expanding podcast offerings with Alex Cooper’s Call Her Daddy. The company also launched new music channels and secured a multi-year agreement to include SiriusXM’s 360L platform in Mitsubishi vehicles through 2030.

Subscriber losses were driven by intense competition from streaming platforms like Spotify, Apple Music, and YouTube, which offer greater flexibility and integration. The shift of consumers to digital audio and podcasts has eroded SiriusXM’s traditional satellite radio base.

Carr Probes Comcast Relations With NBC Stations


FCC Chairman Brendan Carr launched an inquiry into Comcast’s relationships with its NBCUniversal local broadcast affiliates, focusing on whether these arrangements undermine the affiliates’ independence and public interest obligations. 

Brian Roberts
In a letter to Comcast CEO Brian Roberts, Carr cited concerns that national networks like NBC are exerting excessive control over local stations, eroding public trust in news coverage. He referenced a Gallup poll showing low trust in mass media and argued that viewers are increasingly turning to new media due to perceived bias in national news. The FCC’s Media Bureau was directed to examine Comcast’s affiliate agreements for compliance with federal regulations, which require local stations to maintain economic and operational independence to serve their communities.

This probe follows Carr’s earlier actions, including investigations into Comcast and Disney’s diversity, equity, and inclusion (DEI) policies in February and March 2025, respectively, and complaints about news distortion at CBS, ABC, and NBC. 

The inquiry was prompted by reports that NBC and similar networks are seeking “onerous financial and operational concessions” from local affiliates, potentially limiting their ability to cover local issues. Comcast, which owns NBCUniversal, stated it would cooperate with the FCC, emphasizing its long-standing support for local stations with sports and entertainment content to drive viewership in a competitive media landscape.

Comcast Reports Solid Earnings


Comcast Corporation released its second-quarter 2025 earnings report on July 31, 2025, before the market opened, detailing a solid financial performance despite ongoing challenges in its broadband segment. 

Here are the key highlights from the report:
  • Earnings Per Share (EPS): Comcast reported an adjusted EPS of $1.25, surpassing the Zacks Consensus Estimate of $1.18 by 5.93%. This marked a 3% increase from the $1.21 adjusted EPS in the year-ago quarter. On a GAAP basis, EPS was significantly higher at $2.84, driven by a $9.4 billion gain from the sale of Comcast’s stake in Hulu to Disney, compared to $1 in Q2 2024.
  • Revenue: Total revenue reached $30.31 billion, a 2.1% increase year-over-year, beating the Zacks Consensus Estimate of $29.81 billion. This growth was driven by strong performances in the Content and Experiences segment, particularly theme parks, despite a decline in domestic broadband subscribers.
  • Adjusted EBITDA: Adjusted EBITDA rose 1% to $10.28 billion, reflecting operational efficiency despite pressures from broadband losses and promotional costs.
  • Free Cash Flow and Capital Allocation: Comcast generated $4.5 billion in free cash flow, enabling the return of $2.9 billion to shareholders through dividends ($1.2 billion) and share repurchases. This underscores the company’s commitment to shareholder value while investing in growth areas.
Connectivity and Platforms Segment:

  • Broadband: Comcast lost 226,000 domestic broadband customers, primarily residential, continuing a trend of subscriber declines due to intense competition from fixed wireless offerings by telecom rivals like T-Mobile and Verizon. Despite the loss, broadband revenue grew 1.7% to $6.56 billion, supported by higher average revenue per user (ARPU). The company’s strategic pivot to new pricing plans aims to address this slowdown.
  • Wireless: The wireless business had its best quarter ever, adding a record 378,000 lines, bringing total Xfinity Mobile lines to 8.5 million (14% penetration of broadband customers). Revenue increased 16% to $1.12 billion, driven by promotions offering free unlimited mobile lines to broadband customers.
  • Business Services: Revenue grew by mid-single digits, bolstered by the April 1 acquisition of Nitel, which added a few hundred basis points to growth, though its near-term EBITDA impact was minimal. Margins remained strong at approximately 57%.
Content and Experiences Segment:

  • Revenue: This segment, including NBCUniversal, film studios, and theme parks, saw a 5.6% revenue increase to $10.63 billion.
  • Theme Parks: Revenue surged 19% to $2.35 billion, driven by the grand opening of Epic Universe in Orlando on May 22, 2025, which attracted thousands of visitors and generated strong guest reactions. However, Universal Hollywood faced revenue challenges due to wildfire impacts and slower visitor recovery.
  • Film Studios: Revenue rose 8% to $2.43 billion, propelled by the June release of How to Train Your Dragon, which grossed over $600 million globally, and Jurassic World Rebirth in July, contributing to the franchise’s cumulative $6 billion box office.
  • Media (NBCUniversal): Revenue increased 2% to $6.44 billion, though domestic advertising revenue fell 7% to $1.85 billion due to a weak pay-TV ad market. Peacock, however, showed improvement, with losses narrowing to $101 million from $348 million in Q2 2024, and paid subscribers reaching 41 million, reflecting double-digit revenue growth.
Comcast continued to face broadband subscriber losses, a trend also seen in peer Charter Communications, which reported 117,000 subscriber losses in Q2. Competitive pressures from 5G fixed wireless and fiber overbuilding remain significant headwinds.

Expectations High For New NBC Nightly News Anchor


Tom Llamas, the new anchor of NBC News, has introduced a "more hands-on and hard-charging" approach compared to his predecessor, Lester Holt, according to a recent report. This shift has unsettled some staff accustomed to Holt’s laid-back style, sources told Breaker.

Llamas, 46, brings an aggressive edge, with insiders describing his management as "extremely challenging" for some team members. 

“He pushes people to do their best and think deeply about the editorial process,” a correspondent said, noting it elevates performance. 

“The expectations are high, but they should be.” A producer added to Daily Mail, “His energy is infectious; he raises the bar for everyone.”

Meghan Rafferty, Llamas’ executive producer, described working with him as “super fun” during a Tuesday lunch meeting at 30 Rock, where she announced her departure to join Versant, MSNBC’s new parent company.

Holt, 66, who anchored for a decade before leaving last spring, was a viewer favorite. Llamas now faces the challenge of rivaling ABC World News Tonight’s David Muir, whose program recently achieved its largest ratings victory over NBC Nightly News in over a year. 

Llamas, once mentored by Muir, has gained traction with younger audiences, occasionally surpassing Muir in the coveted 25-54 demographic—prized by advertisers for its disposable income—since taking over in June.

Amazon, NY Times Reach Deal On AI Licensing


Amazon has agreed to pay The New York Times between $20 million and $25 million annually in a multi-year licensing deal announced in May 2025.

The agreement allows Amazon to use content from The New York Times, including its news articles, NYT Cooking recipes, and The Athletic’s sports coverage, to train its AI models and integrate into products like Alexa for real-time summaries and excerpts. 

The deal, the first AI-related licensing pact for The Times and Amazon’s first with a major publisher, represents about 1% of The Times’ 2024 revenue.

This partnership marks a shift for The Times, which sued OpenAI and Microsoft in 2023 for copyright infringement over unauthorized use of its content for AI training. The Amazon deal aligns with The Times’ principle that high-quality journalism deserves compensation, as stated by CEO Meredith Kopit Levien. It provides a new revenue stream amid strained ad revenues and could set a precedent for ethical AI-media collaborations. 

However, critics worry that AI-generated summaries may reduce direct subscriptions if they become widespread.

Amazon’s investment reflects its push to enhance AI capabilities, particularly for Alexa and its proprietary models, as it competes in the AI race. The company has also made significant AI investments, including $330 million to license technology from Adept and a $4 billion partnership with Anthropic. 

Similar deals exist in the industry, like OpenAI’s $250 million agreement with News Corp and Axel Springer’s $25–30 million pact. The Times’ deal with Amazon could pressure competitors like Google and Meta to pursue similar media partnerships.

Radio Top Audio Source During Q2 2025


The Record is Nielsen's quarterly report card on how U.S. consumers spend their listening day, fueled by Nielsen and Edison Research. While advertisers are constantly tracking changes in consumer behavior to improve the impact of their cross-channel marketing, The Record helps cut through with a unique representation of the time spent with ad supported audio.

So how have audio listening habits shifted in the second quarter of 2025 compared to the first? Let’s dig into the data.

The Q2 audio overview
  • Daily audio consumption amounted to 3 hours and 50 minutes of daily listening across both ad supported and ad free platforms like radio, podcasts, streaming music services and satellite radio.
  • In the second quarter of 2025, ad supported audio accounted for 64% of all listening, while in the TV landscape, 74% of viewing was done on ad supported platforms.
  • Zeroing in on the ad supported audio universe, consumers spent 64% of their daily time in the second quarter with radio, 19% with podcasts, 14% with streaming audio services and 3% with satellite radio.
  • Radio accounts for anywhere from 45% of daily ad supported audio time among people 18-34 to 71% among 35+. Meanwhile, podcasts skew the other way, representing 15% of daily audio time for people 35 and older compared with 32% among those 18-34.
Share of daily time spent with ad supported audio among audiences 25-54

Tracking radio listening by format

The following table details how the share of radio audience varies by format, age, demographic and platform for the top 15 largest-reaching AM/FM radio formats. 

Q2 2025 Radio Formats

As we continue to see quarter over quarter, audio formats can have powerful reach with audiences of different demographics.

Baltimore Radio: Angelette Aviles Lands PM Drive On WBAL


WBAL NewsRadio announced today that Angelette Aviles will join the WBAL talk lineup as the afternoon host weekdays from 2 p.m. to 6 p.m.

Aviles first joined WBAL in January 2024, hosting a weekend show. She brings to the microphone more than two decades of experience in communications and marketing across both commercial and political sectors, with commentary featured on Fox News Channel and Univision, as well as published opinion pieces in The Baltimore Sun. She grew up attending Maryland schools while her father served as an Army officer and returned home after graduating from the University of South Florida.

Angelette Aviles
“We’re excited for Angelette to bring a fresh perspective to WBAL weekday afternoons from 2 p.m. to 6 p.m.,” says WBAL Director of Programming/News Director Jeff Wade. “In a fast-moving news cycle, listeners can count on her to keep them updated on the latest local and national news stories while giving them singular insight and reaction.”

“As WBAL celebrates its 100th year on the air, I’m incredibly honored to join this legacy of broadcasting and to bring my voice to Maryland’s afternoon drive,” said Aviles. “This show will be about real conversations—local, national, cultural—I’m excited to connect with listeners every day.”

Aviles joins WBAL’s live and local lineup which also includes C4 and Bryan Nehman weekdays from 5:30 to 10 a.m. and T.J. Smith from 10 a.m. to 2 p.m.

NY Times Clarifies Details of Gaza Starvation Story


The New York Times published a front-page story lasrt Friday, titled "Gazans Are Dying of Starvation," highlighting a severe hunger crisis in Gaza, with a focus on vulnerable groups like children. 

The article featured a striking image of 18-month-old Mohammed Zakaria al-Mutawaq, held by his mother, Hedaya, with a caption stating he was born healthy but recently diagnosed with severe malnutrition due to food shortages in Gaza. The story detailed dire conditions, citing cases like 17-year-old Atef Abu Khater, hospitalized for severe malnutrition, and 4-month-old Yahia al-Najjar, who died from it. It attributed the crisis to Israel’s blockade, which restricted aid, and described chaotic aid distribution, looting, and overwhelmed hospitals.

On Wednesday, The Times issued an editors’ note after backlash, admitting that Mohammed had pre-existing health issues affecting his brain and muscle development, which contributed to his condition but were not mentioned initially.  The updated story clarified that his health deteriorated rapidly due to scarce food and medical care, maintaining that malnutrition was a factor. 

Critics, including former Israeli Prime Minister Naftali Bennett and pro-Israel groups like Honest Reporting, accused The Times of misleading readers by omitting Mohammed’s medical history, alleging it fueled anti-Israel sentiment. 

The image, taken by Gazan journalist Ahmed Jihad Ibrahim Al-arini, appeared in multiple outlets like The Guardian and BBC, often without the health context.

The article also cited broader data, with the World Food Program noting a third of Gaza’s 2.1 million people skipping meals for days and Doctors Without Borders reporting a sharp rise in malnutrition cases. While Israel claimed it facilitated aid and blamed Hamas for diverting supplies, The Times noted it couldn’t verify these claims due to restricted access for foreign journalists. The correction sparked debate about media accuracy, with some arguing it didn’t fully retract the starvation narrative, while others emphasized that Gaza’s humanitarian crisis remains severe, with or without Mohammed’s pre-existing conditions.

Alden Global Bid Rejected for The Dallas Morning News


Alden Global Capital, through its subsidiary MediaNews Group, this month attempted to acquire The Dallas Morning News by submitting a last-minute bid of $16.50 per share, valuing the deal at approximately $88.3 million. 

The offer came two weeks after DallasNews Corporation, the parent company of The Dallas Morning News, had agreed to a $75 million buyout by Hearst Corporation at $14 per share, a deal approved by both companies’ boards and set to close later in 2025. 

Alden’s bid, which was 18% higher than Hearst’s, aimed to disrupt the merger but was ultimately rejected by DallasNews Monday.

Alden, an investment firm known for acquiring newspapers and aggressively cutting costs, offered a “non-binding expression of interest” to purchase DallasNews, which also owns marketing agency Medium Giant. MediaNews Group, Alden’s media arm and the second-largest newspaper publisher in the U.S., had acquired 9.9% of DallasNews’ Series A common stock after the Hearst deal was announced on July 9, 2025. The firm positioned its offer as a “superior proposal,” citing The Dallas Morning News’ commitment to quality journalism and operational efficiency.

On July 27, 2025, Hearst amended its offer, increasing the purchase price to $15 per share in response to Alden’s bid, reinforcing DallasNews’ commitment to the merger.

The “poison pill” strategy deterred Alden from acquiring additional shares, protecting the Hearst merger by ensuring other shareholders could dilute Alden’s stake if it crossed the 10% threshold.

Alden Global Capital has a controversial history of slashing newsroom staff and resources at acquired papers, such as The Denver Post (reduced from 250 to 70 journalists by 2018) and the Chicago Tribune, earning it labels like “vulture capitalists” and “destroyer of newspapers.” This reputation likely influenced the board’s preference for Hearst, a family-controlled media company seen as more aligned with The Dallas Morning News’ journalistic legacy.

Epstein Files: Charlamagne Claims Liberal Media Double Standard


During an episode of The Breakfast Club, New York iHeartMedia radio personality Charlamagne Tha God this week criticized what he perceives as a double standard in the "liberal media" for focusing heavily on President Donald Trump’s ties to Jeffrey Epstein while largely ignoring former President Bill Clinton’s connections to the disgraced financier and convicted sex offender. 

Charlamagne highlighted two specific points to support his claim: a letter Clinton reportedly wrote to Epstein for his 50th birthday in 2003, as reported by The Wall Street Journal, and a painting of Clinton in a blue dress and high heels, created by artist Petrina Ryan-Kleid, which was found in Epstein’s New York mansion and first reported by the Daily Mail in 2019. He argued that these connections deserve equal scrutiny, stating, “It’s just funny how the news works... nobody’s talking about that,” and emphasized that “nobody needs to be protecting pedophiles,” regardless of political affiliation.

Charlamagne asserted that the media’s focus on Trump’s Epstein ties—such as a reported 2003 birthday letter Trump allegedly sent to Epstein, which Trump denies and has led to a $10 billion defamation lawsuit against The Wall Street Journal—stems from bias, as similar attention is not given to Clinton’s documented interactions with Epstein. 

He noted, “If Clinton were president, he wouldn’t [face scrutiny] because liberal media wouldn’t push the issue,” in response to co-host Morgyn Wood’s suggestion that Clinton would face equal scrutiny if he were currently in office. 


For context, Clinton has acknowledged taking four trips on Epstein’s plane between 2002 and 2003 for Clinton Foundation work, but his office stated in 2019 that he “knows nothing about the terrible crimes” Epstein committed and has not been accused of any wrongdoing in connection to Epstein.

The Only U-S Journalist in ICE Custody Speaks Out

Mario Guevara

The only U.S. journalist currently in Immigration and Customs Enforcement (ICE) custody is Mario Guevara, a Salvadoran journalist who has lived in the United States for over 20 years. 

Guevara was arrested on June 14, 2025, while covering a “No Kings” protest in DeKalb County, Georgia, for his Spanish-language outlet, MG News. He was livestreaming the event when local police detained him, charging him with unlawful assembly, obstruction of law enforcement officers, and a traffic violation for improperly entering a roadway. 

After his arrest, DeKalb County police turned him over to ICE, which placed a detainer on him, and he was transferred to the Federal Correctional Institution in Atlanta and later to the Folkston ICE Processing Center in southeast Georgia.

Guevara, who entered the U.S. legally on a tourist visa in 2004 and has a pending application for adjustment of status, has a valid work permit and Social Security number. His attorney, Giovanni Diaz, disputes ICE’s claim that Guevara is in the country illegally, asserting that his detention stems from his journalistic work covering immigration raids and protests. 

On July 7, 2025, an immigration judge granted Guevara a $7,500 bond, but ICE appealed the decision, and the prosecutor blocked his release, keeping him detained. 

Guevara called for intervention from the Salvadoran government, specifically President Nayib Bukele, claiming he is being persecuted for his journalism. ICE maintains that Guevara’s detention is not related to his journalism but due to his alleged illegal presence in the U.S. and his obstruction of police during the protest.

Ad Business Continues to Fuel Meta AI Ambitions


Meta Platforms reported a robust 22% year-over-year revenue growth in Q2 2025, reaching $47.52 billion, surpassing analyst expectations of $44.83 billion. 

This performance was driven by its core advertising business, which generated $46.56 billion, exceeding Wall Street projections of $43.97 billion. The growth reflects strong advertiser demand, particularly in online commerce, gaming, and media/entertainment sectors, with AI-powered tools enhancing ad targeting and recommendation systems. 

CEO Mark Zuckerberg highlighted that AI improvements have led to better content recommendations and more effective advertising experiences, contributing to a 22% increase in ad revenue, notably doubling Google's ad growth rate of 11% for the same period.

Mark Zuckerberg
Simultaneously, Meta is heavily investing in AI infrastructure, with 2025 capital expenditures projected at $66–72 billion, up from a prior range of $64–72 billion, to support data centers and AI research.

These investments aim to bolster both core AI (enhancing ads and user engagement) and generative AI (a longer-term bet for new revenue streams). Despite a 12% rise in costs and expenses to $27.08 billion, Meta’s operating margin expanded to 43%, reflecting efficient cost management. 

Net income rose 36% to $18.34 billion, with earnings per share at $7.14, beating estimates of $5.89.

However, Meta’s Reality Labs division, focused on virtual reality and metaverse projects, continues to incur significant losses, posting a $4.2 billion operating loss in Q1 2025, with Q2 losses expected around $5.35 billion. Despite these losses, products like Ray-Ban Meta AI glasses show promise, with user engagement growing. The company also faces challenges from regulatory scrutiny in the US and EU and reduced ad spending from China-based e-commerce exporters like Temu and Shein due to trade tensions.

WaPo Media Columnist Jumps To NY Times


Erik Wemple, a prominent media columnist at The Washington Post for 14 years, announced on July 30, 2025, that he accepted a buyout offer from the newspaper and will join The New York Times in September 2025 to cover media for its business section, based in Washington, D.C. 

His departure is part of a broader exodus at The Post, amid internal turmoil, including subscriber churn, editorial shifts, and a revamped opinion section aligning with owner Jeff Bezos’ focus on personal liberties and free markets. 

Eric Wemple
Other notable Post staffers, including deputy editors Mike Semel, Ann Gerhart, Monica Norton, deputy opinion editor Stephen Stromberg, and sports columnist Sally Jenkins (who is also moving to The New York Times’ The Athletic), have also accepted buyouts. 

Wemple’s notable work includes exposing falsehoods in a 2020 Atlantic feature by Ruth Shalit Barrett and critiquing media bias, often engaging in high-profile feuds, such as with former Fox News host Tucker Carlson. 

His move to The Times follows a history of rigorous media scrutiny, including local reporting at Washington City Paper and editing roles at TBD.com. The Post’s buyouts stem from a historically overfunded pension plan, used to manage staff reductions during industry downturns.