Top News:
Sara Fischer / Axios:
CNN CEO Chris Licht confirms he plans to step down, replaced by Amy Entelis in the interim, after a damaging Atlantic profile and Donald Trump town hall — Chris Licht, the embattled CEO of CNN, plans to step down, he confirmed to Axios on Wednesday. Licht has been on the job for 13 months.
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Lucas Manfredi / The Wrap:
Internal memo: WBD CEO David Zaslav addressed Chris Licht's departure, saying “I take responsibility” and “things did not work out the way we had hoped” — Licht, who was handpicked by the Warner Bros. Discovery CEO, was shrouded in criticism from former and current network staffers alike
Brian Steinberg / Variety:
WBD CEO David Zaslav has a history of tearing down and renovating what he considers to be underperforming cable assets, but this strategy might not work for CNN — Analysis: Warner Bros. Discovery's news giant is no fixer-upper, and probably shouldn't be treated as such
Financial Times:
Sources: Lloyds puts B.UK, a holding company that controls the Telegraph titles and The Spectator, into receivership over ~£1B debts owed by the Barclay family — UK bank to seek sale of media group over almost £1bn in debts owed by Barclay family
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The Guardian, The Guardian, BBC, @rasmus_kleis, Sky News, @brexit_sham, @arusbridger, Press Gazette, @ohgodwhatnowpod, @henrymance, @jamesrbuk and The Times
Dominick Mastrangelo / The Hill:
Tucker Carlson posts the first episode of his new show, Tucker on Twitter; the episode was just over 10 minutes long and appeared to be from his home in Maine — Former Fox News host Tucker Carlson released the first episode of his new show on Twitter Tuesday evening.
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Michael Schulman / New Yorker:
A look at the Marvel Cinematic Universe yanking Hollywood into a franchise-drunk era, in which IP, over star power or directorial vision, drives what gets made — Robert Redford, Gwyneth Paltrow, Paul Rudd, and Angela Bassett now disappear into movies whose plots can come down to “Keep glowy thing away from bad guy.”
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The Guardian, The Playlist, @katrosenfield, @johnmcternan, @newyorker, UPROXX, Metro, Comic Book, The Wrap, Los Angeles Times, Hollywood Life, New York Post and IndieWire
Lesley Goldberg / The Hollywood Reporter:
The CW says the LIV Golf and PGA Tour merger won't change the LIV Golf event schedule for 2023 on The CW, which includes coverage of seven more tournaments — The for-profit upstart golf league will continue to air as scheduled on the Nexstar-backed network. … “This is an exciting day to unify and grow the game of golf.
Discussion:
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Nilay Patel / The Verge:
Q&A with SiriusXM CEO Jennifer Witz on operating a satellite business, hardware dependency, online content delivery, podcasts, company structure, and more — SiriusXM scooped up Stitcher, Pandora, and Team Coco in recent years, but satellite radio in cars still drives the business.
Discussion:
@siriusxmlife
The Athletic:
Sources: MLS and Apple discussed offering Lionel Messi a revenue share generated by new Season Pass subscribers; on June 6, Apple announced a Messi docuseries — Major League Soccer and Inter Miami are solidifying details around the potential signing of Argentine superstar Lionel Messi.
Jordan Valinsky / CNN:
Oregon's AG says she is investigating Fox's board of directors for “breach of fiduciary duty” after Fox News broadcast lies in the wake of the 2020 election — New York CNN — — Oregon's attorney general announced Monday she is investigating Fox Corp.'s board of directors for …
Discussion:
@paleofuture, Deadline and Associated Press
Alyssa Mercante / Kotaku:
A look at Twitch's new ad rules covering branded content, a crucial source of income for creators; after an outcry, Twitch says the update was “overly broad” — 'The top 100 streamers on Twitch just got told they're not allowed to make 80 percent of their revenue the way they're used to making it.'
Discussion:
Fortune and Forbes, more at Techmeme »
Ivan Mehta / TechCrunch:
Automattic launches Jetpack AI Assistant for WordPress and Jetpack-powered sites, letting users generate content, translate text into 12 languages, and more — Automattic, the company behind WordPress.com and the main contributor to the open-source WordPress project, launched an AI assistant …
Discussion:
The Verge, Jetpack, Neowin, @jjvincent, Jetpack and WordPress.com News, more at Techmeme »
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