Top News:
David Folkenflik / NPR:
NPR and three Colorado public radio stations sue Trump, saying his executive order to cut federal funding violated the US Constitution and the First Amendment — NPR and three Colorado public radio stations filed suit Tuesday morning in federal court against the Trump White House …
Discussion:
Reuters, MediaPost, New York Times, Lou Dobbs, Fox News, The Free Press, Reuters, JURISTnews, Baller Alert, Newsweek, Daily Caller News Foundation, Financial Times, Breitbart, The Desk, All Rise News, The Western Journal, WBEZ Chicago, Radio & Television …, Colorado Public Radio, The Daily Signal, Newser, @brianstelter, Nieman Lab, Raw Story, One America News Network, Mediaite, Inside Radio, Associated Press, Los Angeles Times, Chicago Sun Times, American Wire News, @davidfolkenflik, New York Post, National Review, Twitchy, RADIO ONLINE, The Hollywood Reporter, The Wrap, Wall Street Journal, Cord Cutters News, @panda-news.bsky.social, Al Jazeera, @davelevinthal, CNN, The Verge, CBS News, Newsbusters, Axios, @brianstelter, @emilyzfeng.bsky.social, Ars Technica, New York Sun, Deadline, Washington Post, Rolling Stone, The Federalist, American Thinker, The Post Millennial, @degette.house.gov, HuffPost, RedState, The Indian Express, Forbes, Washington Times, Daily Kos, Gwynne Villota on LinkedIn, The Independent, Blaze Media, TVNewsCheck, Washington Examiner, The Hill, NewsMax.com, Irish Independent, Salon, USA Today, PBS NewsHour, BusinessLIVE, Just Jared, WBUR and New Republic
Bloomberg:
Filing: Tencent is buying a ~10% stake in SM Entertainment for ~$180M from BTS agency Hybe, as China is expected to lift its unofficial ban on K-pop concerts — Tencent Music Entertainment Group, which is controlled by Tencent, will buy the stake from BTS-agency Hybe Co Ltd. …
Edith Hancock / Wall Street Journal:
The European Commission says it is investigating Pornhub, Stripchat, XNXX, and XVideos for potential child safety DSA violations “as a matter of priority” — New rules compel large online platforms to do more to protect users — The European Commission is investigating whether …
Dominic Ponsford / Press Gazette:
Docs: The Guardian reports revenue up 6.7% YoY to £275M in the year to March 2025, losses down to <£25M, digital revenue up 20%+ YoY to £100M+, and 1.3M subs — The Guardian returned to revenue growth in the year to March 2025 as it increased turnover by 6.7% year on year …
Ben Mullin / @benmullin:
Leaked memos: WaPo announces voluntary buyouts for employees with 10+ years of service and for members of the video department, copy desk, and opinion section — scoop: The Washington Post is announcing voluntary buyouts today targeting video, the copy desk, the opinion section and people who've worked at the company for 10 or more years. A big “are you in or out?” moment for the staff.
RELATED:
The Wrap:
TheWrap hires Roger Cheng, former editor-in-chief of Cord Cutter News, as managing editor for business and PRO subscribers, starting June 23 — Cheng joins other recent high level hires in TheWrap newsroom, including Media Editor Brian Lowry and SVP Tom Lowry
Discussion:
Talking Biz News, @rogerwcheng and Tom Lowry on LinkedIn
Monique Mulima / Bloomberg:
Trump Media & Technology Group plans to sell ~$1.5B in stock and $1B in 0% convertible notes to buy bitcoin for its treasury — The company's shares fell 9.2% at $23.38 in early trading after rallying premarket following a Financial Times report on its plans to raise capital to spend on cryptocurrencies.
Discussion:
Benzinga, Daily Kos, Quartz, Fortune, The Block, CryptoNinjas, The Guardian, New York Sun, One America News Network, The Crypto Basic, Crypto Briefing, crypto.news, Wall Street Journal, NFTgators, Wired, ZeroHedge News, CoinDesk, Trump Media, Washington Examiner, Reuters, The Crypto Times, New Republic, Cointelegraph, The Daily Caller, Fox Business, Al Jazeera and Financial Times, more at Techmeme »
Max Tani / Semafor:
Bloomberg renamed its DEI team as the HR Inclusion team; editor John Micklethwait says its efforts will no longer specifically focus on underrepresented groups — THE SCOOP — Bloomberg editor John Micklethwait has told his newsroom the company is changing its inclusion efforts …
Discussion:
@mediaevan and Talking Biz News
Nilay Patel / The Verge:
Q&A with Sundar Pichai on the future of search and the web, seeing “overall query growth”, News Media Alliance calling AI Mode “theft”, and more — Today, I'm talking with Alphabet and Google CEO Sundar Pichai. We recorded this conversation in person after the Google …
Joe Holley / The Texas Observer:
Ronnie Dugger, the founding editor, publisher, and owner of the Austin-based Texas Observer, where he exposed bigotry and corporate greed, has died at 95 — Ronnie Dugger, founding editor and longtime publisher of the Texas Observer and for many years the crusading conscience …
Emma Goldberg / New York Times:
A profile of Sam Freedman, who taught book writing at Columbia Journalism School for 35 years, leading to 113 book contracts and 95 books out of ~675 students — For three decades at Columbia Journalism School, Sam Freedman has encouraged students to try long-form narratives.
Nicholas Quah / Vulture:
A look at the “New Media Circuit” that stars must navigate to create publicity for their work as legacy media's influence ebbs and media fragmentation grows — Last fall, when Andrew Garfield began promoting the elegiac A24 romance We Live in Time, his publicity campaign centered …
Kelly Burke / The Guardian:
Australia's communications regulator: commercial TV networks have significantly cut their spending on kids' scripted content, with just $1.75M spent in 2023-24 — Just $1.75m spent on genre across free-to-air networks as advocates warn of ‘broader erosion’ of cultural investment
Discussion:
ACMA and TV Central
