Donald Trump. (Photo by Anna Moneymaker/Getty Images)

On Thursday, anticipation rippled through political and media circles as insiders awaited a potentially explosive Wall Street Journal story examining Donald Trump’s ties to the late Jeffrey Epstein. The article, said to be in the works for days, had still not appeared as of Thursday afternoon—raising eyebrows and fueling speculation across Washington and New York.

According to people familiar with the matter, The Journal is facing pressure from the White House over the story. In fact, Trump is said to have personally called Emma Tucker, The Journal's editor-in-chief, to voice his objections. The specifics of the call remain unclear, but it's hard to imagine Trump voiced anything but outrage. It's unclear whether Trump reached out to Rupert Murdoch, whose News Corporation owns The Journal.

While the specifics of what The Journal intends to report remain under wraps, the story is said to contain new material shedding light on the Trump-Epstein relationship.

Spokespeople for The Journal declined to comment. A spokesperson for Murdoch also declined to comment. The White House did not respond to inquiries.

The apparent standoff over the story arrives at a politically delicate moment. Trump has been under growing pressure from MAGA Media and his base to release files related to Epstein. Figures like Tucker Carlson and Laura Loomer have expressed outrage and accused Trump’s administration of stonewalling the release over the so-called “Epstein Files,” igniting a rare public rift between Trump and segments of his own MAGA base.

The Journal’s reporting, if it runs, could further complicate that dynamic—especially if it probes Trump’s own proximity to Epstein, whom he once described as a “terrific guy” before later distancing himself from the convicted sex offender. The two men shared some social circles in the 1990s and have been photographed together.

For The Journal, the delayed publication underscores the high-wire tension of reporting on Trump in the current media landscape, particularly while inside Murdoch's conservative media empire. Under Tucker, who took the reins from Matt Murray in 2023, the paper has sought to publish hard-hitting political stories.

For now, the status of the Epstein-Trump story remains unclear, though it is quickly become part of the story itself.

The headquarters for National Public Radio in Washington, DC. (Photo by Saul Loeb / AFP via Getty Images)

Public Media Reckoning: The fate of $1.1 billion in federal funding for public media outlets now rests in the hands of the House of Representatives. On Thursday morning, the U.S. Senate approved Donald Trump’s package to claw back billions in foreign aid and money for the Corporation for Public Broadcasting. The funds distributed to NPR, PBS and local stations around the country. But have come under attack by Trump and Republicans for supposed political bias and promotion of “woke” ideology. If the House votes to rescind the funds, PBS will be “forced to make hard decisions in the weeks and months ahead,” network chief Paula Kerger said in a statement. “Nearly 3-in-4 Americans say they rely on their public radio stations for alerts and news for their public safety,” NPR boss Katherine Maher said in a statement, calling the broadcaster a “lifeline.”

  • Substack raised another $100 million from investors. Chris Best and Hamish McKenzie said the Substack app now boasts millions of users. [NYT]

  • CNBC shook up its editorial ranks.

    • The outlet named David Cho as its editor in chief. [THR]

    • Meanwhile, Jay Yarow and Dan Colarusso will exit, Ben Mullin reported. [Bluesky]

  • Natalie Korach went inside Michael Grynbaum’s party, celebrating his book for Simon & Schuster about Condé Nast, “Empire of the Elite.” The event featured a number of media power players and was held in the old Condé cafeteria at its former Times Square home. [Vanity Fair]

  • VideoAmp named Peter Liguori as its chief executive. [Variety]

  • The top Democrat on the House Oversight Committee sent a letter to Fox News boss Suzanne Scott demanding answers over edits made to a 2024 Donald Trump interview discussing Jeffrey Epstein. [CNN]

  • Jon Stewart addressed his uncertain future at Comedy Central’s “The Daily Show” after the Paramount-Skydance merger: “I’ve been kicked out of shittier establishments than that. We’ll land on our feet.” [Daily Beast]

  • Fox News correspondent Bill Melugin was with Border Patrol agents as they arrested undocumented immigrants at a California Home Depot. [SacBee]

  • Meta investors and Mark Zuckerberg reached a settlement to put an end to the $8 billion trial over Facebook privacy allegations. [Tech Crunch]

  • A judge delayed the Google antitrust trial over digital ads. [Reuters]

  • Meta names Connor Hayes the new head of Threads. [Axios]

  • Smart story from Jason Koebler and Matthew Gault on that chief executive caught on a viral video with his HR chief: “One does not have to have sympathy or empathy for a CEO to see how this sort of thing could and often does go off the rails. [404 Media]

The Netflix logo. (Photo by Mario Tama/Getty Images)

Netflix in the Green: Netflix delivered strong earnings Thursday, with revenue jumping 16% to $11.08 billion and profits rising from last year. The company raised its full-year forecast, saying it’s seeing healthy growth in both subscribers and advertising sales. Netflix, of course, no longer shares quarterly subscriber numbers, but the company said more members and higher prices are driving its momentum. All told, the streaming giant appears to be thriving—even without disclosing to Wall Street exactly how many new users it’s adding.

  • Peacock is raising the price of its ad-supported plan by nearly 40% to $11 a month, Josef Adalian reported. [Vulture]

  • Fox Sports announced it has inked an expansive deal with Barstool Sports. “We are joining Big Noon Kickoff,Dave Portnoy said. [FOS]

  • Josh D'Amaro spoke to Alex Weprin on the 70th anniversary of Disneyland: "70 years old, but we’re not really that old." [THR]

  • Some good news: Following Fox Corporation’s initial donation to the Kerr County Flood Relief Fund, I'm told the company has now raised more than $7 million dollars to aid central Texas communities.

  • All the "Superman" buzz has also inflated interest in the former movies, such as "Man of Steel." [Deadline]

  • “Lilo & Stitch” became the first film of 2025 to cross $1 billion at the global box office. [THR]

  • Paramount+ officially greenlit Taylor Sheridan’s “Tulsa King” spinoff “NOLA King,” starring Samuel L. Jackson. [Variety]

  • It's a hit! "Dexter: Resurrection" became the most-streamed premiere in Showtime history. [Deadline]

  • A Barbie animated feature is in the works from Illumination and Mattel Studios [Deadline]

  • RIP: Skip Brittenham, the powerful attorney who represented Hollywood stars, died at 83. [Variety]