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Lucas Shaw / Bloomberg: 50 mins ago
SmartLess podcast hosts create SmartLess Mobile, a phone company that will run on T-Mobile's network and target customers who can save money by taking less data
Todd Spangler / Variety: 85 mins ago
MLB acquires a minority stake in Jomboy Media and partners with the baseball-centered media company to collaborate on content activations, IP growth, and more
Georg Szalai / The Hollywood Reporter: 1½ hours ago
Warner Bros Discovery plans to launch HBO Max in 12 countries in July, mostly in Europe and some in Asia, bringing it to around 90 territories in total
Wall Street Journal: 2 hours ago
Similarweb: Google's AI tools are significantly cutting organic search traffic to news publishers; traffic to BI, HuffPost, and WaPo is down ~50% in three years
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Top News
Wall Street Journal:
Similarweb: Google's AI tools are significantly cutting organic search traffic to news publishers; traffic to BI, HuffPost, and WaPo is down ~50% in three years
Washington Post:
CPJ says police have assaulted “more than 20” journalists, including by less-lethal projectiles, since LA protests began on June 6, echoing the 2020 US protests
Lillian Rizzo / CNBC:
Internal memo: Paramount Global is cutting its US-based staff by 3.5% and may also reduce its workforce outside of the US over time
Georg Szalai / The Hollywood Reporter:
Warner Bros Discovery plans to launch HBO Max in 12 countries in July, mostly in Europe and some in Asia, bringing it to around 90 territories in total
Sarah Fortinsky / The Hill:
CPB CEO Patricia Harrison says three board members that President Trump tried to fire in April remain directors, after a US judge recognizes CPB's independence
Mike Schneider / Associated Press:
The Orlando Sentinel got a cease-and-desist from Florida's DCF that claims its reporter coerced families for a story on a foundation tied to Gov. DeSantis' wife
Variety:
SAG-AFTRA reaches a tentative deal with Activision, EA, Epic, Take-Two, and other game companies on the Interactive Media Contract, after months of strikes
Bloomberg:
Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023
Alex Weprin / The Hollywood Reporter:
Disney closes its deal with Comcast to buy out NBCUniversal's 33% stake in Hulu, paying an additional $439M, after agreeing in 2023 to pay a floor of $8.61B
Todd Spangler / Variety:
MLB acquires a minority stake in Jomboy Media and partners with the baseball-centered media company to collaborate on content activations, IP growth, and more
Michael Savage / The Guardian:
WPP Media expects ad revenue from user-generated content and platforms like YouTube and TikTok to surpass that from traditional media for the first time in 2025
Natalie Korach / Vanity Fair:
Q&A with Maggie Haberman about covering Trump's second term, how the media is separating “the signal from the noise”, Trump's threats, Biden's decline, and more
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