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Hey, everyone, Bob Safian here. Today we present a special episode focused on one of the most

consequential weeks ever in the media business, from Stephen Colbert's

cancellation by CBS to Donald Trump's lawsuit against the Wall Street Journal to the clawing

back of a billion dollars from PBS and NPR. My guest is Axios reporter Sarah Fisher,

who cuts through the conspiracy theories to unpack what's really going on.

So let's get to it. I'm Bob Safian, and this is rapid response.

I'm Bob Safian. I'm here with Sarah Fisher, media correspondent at Axios, an analyst for CNN. Sarah, thanks for being here.

Thank you for having me. So I got to say that the headlines in media have been kind of mind-boggling over the past week.

I mean, we have CBS canceling Stephen Colbert show, Trump suing the Wall Street Journal, Congress clawing back funding

for PBS and NPR. It makes your head spin, plus substack raising money at a billion dollar

valuation and Superman killing it at the box office and Emmy nominations and Netflix earnings.

The news cycle is so intense. For someone who's covering all this, like, how are you doing? How is it juggling all this? Yeah, it's not too bad. This is my job. This is what I'm paid to do. You know, this would be like saying to a surgeon, oh my gosh, you had to do, you know, three heart transplants, then you had to do a total blood transfusion, and then you had to see patients for

checkups. They'd tell you, like, that's what I signed up for. So that's how I feel about it, too.

And it's actually better to be very busy and to have a lively new cycle than to be sort of, like,

twiddling your thumbs and looking for something to cover. All right. Well, I'd say let's start

with the most important or consequential, but it's hard for me to

even pick what that is.

So let's start with the most recent bombshell, which is President Trump suing the Wall

...