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4:15 AM ET, June 3, 2025

Mediagazer

 Top News: 
Todd Spangler / Variety:
Sources: Disney is laying off several hundred employees globally across multiple teams, including TV and film  —  Disney is swinging the axe again, laying off several hundred employees globally across multiple teams. … Disney is positioning the cuts as enhancing its ability to operate more efficiently.
Wall Street Journal:
Sources: Meta aims to help brands fully create and target ads using AI by the end of 2026, including images and budgetary goals, building on its current tools  —  AI-powered advertising is part of CEO Mark Zuckerberg's vision for the company's future  —  Meta Platforms is betting that automation is the future of ads.
Brooks Barnes / New York Times:
Disney's live-action Lilo & Stitch grossed $610M globally in just 10 days, and could reach $950M; the film cost $100M and may make $300M+ in box office profit  —  The film was originally aimed for Disney+.  But it was rerouted to a theatrical release and is on pace for at least $950 million in ticket sales.
Andy Meek / Forbes:
An interview with Henry Blodget on BI's layoffs, media market changes in the past five years, why the future is direct distribution and subscriptions, and more  —  Following the announcement that Business Insider would lay off 21% of its staff, a move driven largely by Google's AI-centric search changes …
Max Tani / Semafor:
Sources: in May 2024, Business Insider sent some staff a recommended reading list that included seemingly AI-generated books that did not appear to exist  —  The Scoop  —  Business Insider announced this week that it wants staff to better incorporate AI into its journalism.
Naman Ramachandran / Variety:
Marc Maron plans to end WTF With Marc Maron podcast in the fall; the groundbreaking podcast helped define the medium with 1,600+ episodes after its 2009 launch  —  Marc Maron has announced that he and producer Brendan McDonald have decided to end “WTF With Marc Maron,” the groundbreaking podcast …
New York Times:
Sources: the FTC is investigating whether roughly a dozen US advertising and advocacy groups violated antitrust law by coordinating boycotts among advertisers  —  The regulator is looking into whether roughly a dozen groups violated antitrust law by coordinating boycotts among advertisers.
Lillian Rizzo / CNBC:
Allen Media Group confirms it plans to sell its 28 broadcast TV stations, which it operates and has spent $1B+ over the past six years to acquire  —  Byron Allen is putting his broadcast TV stations up for sale.  —  Allen Media Group said on Monday it has retained investment bank Moelis & Co …
Stephen Battaglio / Los Angeles Times:
CNN Chief National Security Correspondent Alex Marquardt, whose 2021 story led to a lawsuit in which a jury awarded $5M to an ex-CIA operative, is leaving CNN  —  CNN's chief national security correspondent Alex Marquardt, whose 2021 story on a military contractor led to a defamation suit loss in court …
 
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 More News: 
Alexander Lee / Digiday:
Some LGBTQ+ creators are seeing their brand partnership revenue for June's Pride Month dwindle in 2025, as advertisers pull back on their Pride marketing spend
Killian Faith-Kelly / Press Gazette:
A look at The Daily, which runs 14 UK lifestyle titles with a model where contributors keep the first £500 and then split revenue 50/50 with founder Marc Astley
Discussion: @claireatki
Michael Savage / The Guardian:
The Belfast News Letter, among the longest-running English dailies, digitizes and puts all its editions online, including the earliest surviving one from 1738
BBC:
Syrian intelligence files show that missing American journalist Austin Tice was imprisoned by the regime of the now-deposed Syrian President Bashar al-Assad
 Earlier Picks: 
Ted Johnson / Deadline:
Q&A with Tom Llamas, the new permanent anchor of NBC Nightly News, on the importance of network news despite a shrinking audience, low trust in media, and more
David Remnick / New Yorker:
Q&A with Lesley Stahl on the pressures at CBS News and 60 Minutes, Trump's lawsuit and likely settlement, Shari Redstone, Bill Owens stepping down, and more
Ally Jarmanning / New Hampshire Public Radio:
The US charges addiction treatment network founder Eric Spofford with orchestrating vandalism at NHPR reporters' homes after a report into alleged sexual abuse
Lucas Shaw / Bloomberg:
Sources: UMG, Warner Music, and Sony Music are in talks to license their work to AI music startups Udio and Suno and settle copyright infringement lawsuits
Zak Keefer / New York Times:
A profile of sports journalist Pablo Torre, who launched his podcast Pablo Torre Finds Out in 2023 under Meadowlark Media, focusing on “adversarial journalism”
The Guardian:
An analysis of the top 100 trending TikTok videos under #mentalhealthtips finds 52 contain misinformation, including misused language and quick-fix methods
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

Mike Isaac / New York Times:
Meta says it is shifting some of its investment from metaverse toward AI glasses and wearables, and “we aren't planning any broader changes than that”
 
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