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9:05 PM ET, June 2, 2025

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 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.
New York Times:
Sources: the FTC is investigating whether roughly a dozen 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.
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.
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 …
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 …
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  —  Music companies would settle lawsuits with startups they accused of copyright infringement  —  Major music companies are in talks …
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's chief national security correspondent Alex Marquardt, whose 2021 story led to a suit 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 …
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  —  Top secret intelligence files uncovered by the BBC confirm for the first time that missing American journalist Austin Tice …
 
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 More News: 
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
 Earlier Picks: 
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
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
Brian Stelter / CNN:
OAN chief Pentagon correspondent Gabrielle Cuccia says she was fired after criticizing Defense Secretary Pete Hegseth's media restrictions at the Pentagon
 

 
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

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

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
 
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