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.
Discussion:
Deadline, Reuters, Moneycontrol, Plain Dealer, Newsweek, Fortune, Rob Morlano on LinkedIn, The Hill, Tech in Asia, Boston.com, Yahoo Finance, The Post Millennial, @rachelalison.bsky.social, SFGATE, Morningstar, Inc., Times of India, AV Club, Breitbart, RetailWire, Quartz, New York Daily News, Benzinga, Wall Street Journal, Nathan Fletcher on LinkedIn, @thespoilist.bsky.social, Adweek, Daily Voice, MarketWatch, TheStreet, @chancesecond.bsky.social, TVNewsCheck, @fizzvstheworld.bsky.social, @lisa-catara.bsky.social, Los Angeles Times, Business Insider, The Hollywood Reporter, Entrepreneur, CBS News, 9-1-1 Behind The Scenes, Bloomberg and The Economic Times
Todd Spangler / Variety:
SEC filing: Paramount nominates three directors to its board and schedules its annual meeting for July 2; board member Judith McHale won't stand for re-election — Board member Judith McHale will not stand for re-election — Paramount Global and controlling shareholder Shari Redstone …
Discussion:
Reuters, Bloomberg, The Hollywood Reporter, The Wrap, Wall Street Journal, Paramount Global and Deadline
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.
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 …
Discussion:
Press Gazette, @jayrosen.bsky.social, MediaPost and Pivot to AI
Jon Brodkin / Ars Technica:
ISP Frontier Communications settles a lawsuit from record labels that demanded broadband users accused of piracy be dropped; SCOTUS may hear Cox's similar case — Internet service provider Frontier Communications agreed to settle a lawsuit filed by major record labels that demanded mass disconnections …
Discussion:
Digital Music News, @arstechnica@mastodon.social and TorrentFreak, more at Techmeme »
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.
Discussion:
Fortune, The Rundown AI, Legit.ng, CNET, Watcher Guru, PYMNTS.com, Marketing Dive, @meghanbobrowsky, Mike Mallazzo on LinkedIn, Tech in Asia, MediaPost, Benzinga, Motley Fool, Dora Moldovan on LinkedIn, Deadline, Beet.TV, BMI, WebProNews, Investor's Business Daily, Cryptopolitan, PCMag, Neowin, Yahoo Finance, WeRSM, Adweek, Proactive, AdNews News, Quartz, WinBuzzer, campaignlive.co.uk, The Guardian, @hypervisible.bsky.social, Morningstar, Inc., Reuters, Business Today, TVNewsCheck, KnowTechie, The Economic Times, Trak.in, TheCable and Sherwood News, more at Techmeme »
Jesse Whittock / Deadline:
Spotify signs Dua Lipa's Service95 Book Club podcast and will make video episodes available from June 10; in the podcast, Dua Lipa interviews well-known authors — From 10 June, 2025, the music streamer will make episodes of the author interview series available to watch on Spotify.
Discussion:
Beyond Search
Andrew Deck / Nieman Lab:
Two cartoonists, Joe Dworetzky at Bay City News and Pulitzer-winner Mark Fiore, describe how generative AI tools can assist in, not replace, their work — Pulitzer-winning cartoonists are experimenting with AI image generators. — Long gone are the days when hundreds of full …
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 — In 2025, advertisers' Pride Month spending has cratered — and LGBTQ+ creators and influencers are feeling the squeeze.
Discussion:
Axios, New York Sun, @eros1405.bsky.social, @keithmillsd7, Axios, CBC News, The American Spectator, @caddymarketing, @nmeyersohn, Social Media Today, Forbes, Fast Company, USA Today, Slate, Associated Press, Salt Lake Tribune, @scottdagostino.ca, @chados.bsky.social, CNN, @cnn.com, The Guardian, USA Today, campaignlive.com, NPR, Xbox Wire, The Indian Express, PR Daily, Breitbart, New Jersey Online, PRWeek, Advocate and PinkNews
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 — The surviving editions of the world's oldest, continuously published English-language daily can now be accessed free
Jeremy Fuster / The Wrap:
Mattel combines its film and television production units into a single unit under the direction of Mattel Films president and Barbie producer Robbie Brenner — The exec and “Barbie” producer will be president and chief content officer of the unified company
Discussion:
Mattel, Inc., The Toy Book, Insider Monkey, Reuters, Deadline, The Hollywood Reporter and TVNewsCheck
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 — Former regional newspaper editor Marc Astley now runs a growing portfolio of 14 online titles after switching from local news to lifestyle verticals.
Discussion:
@claireatki
