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12:30 PM ET, June 9, 2025

Mediagazer

 Top News: 
Joe Flint / Wall Street Journal:
WBD splits into two publicly traded companies: Global Networks, with CNN and other cable channels, and Streaming & Studios, with HBO Max and its studio business  —  The entertainment company is contending with a hefty debt load and a sagging stock price
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Jacob Pramuk / CNBC:
WBD says David Zaslav will be CEO of the new Streaming & Studios business, and current WBD CFO Gunnar Wiedenfels will become CEO of the Global Networks business  —  Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday …
Tony Maglio / The Hollywood Reporter:
WBD's split is set to close in mid-2026; CFO Gunnar Wiedenfels says he assumes “the majority” of WBD's ~$37B debt will exist with the spun off Global Networks
Ted Johnson / Deadline:
ABC News suspends senior national correspondent Terry Moran over a now-deleted X post calling Trump administration official Stephen Miller a “world class hater”  —  ABC News said that it has suspended senior national correspondent Terry Moran over a late night X post, now deleted …
Natasha May / The Guardian:
9News Australia reporter Lauren Tomasi was shot with a rubber bullet by law enforcement live on camera while reporting on LA protests against immigration raids  —  Nine correspondent Lauren Tomasi was filming a piece to camera about LAPD ‘moving in’ on demonstrators when struck by bullet
New York Times:
Docs: from mid-December, YouTube told moderators to prioritize “freedom of expression” over potential harm, including for political, social, and cultural issues  —  The world's largest video platform has told content moderators to favor “freedom of expression” over the risk of harm in deciding what to take down.
Brian Stelter / CNN:
Dr. Phil was embedded with ICE during the LA immigration raids, for a report on McGraw's Merit TV, highlighting the made-for-TV nature of Trump's crackdown  —  As federal agents prepared to fan out in Los Angeles for a controversial immigration crackdown, the officers were greeted by a familiar face: Dr. Phil McGraw.
Katharine Viner / The Guardian:
The Guardian partners with Cambridge University to launch Secure Messaging in its app, protecting sources by making messages indistinguishable from other data  —  Today, the Guardian, in collaboration with the University of Cambridge, launches Secure Messaging, a world-first from a media organisation
New York Times:
In its ruling letting Trump bar AP, a US appeals court says small settings like the Oval Office are essentially invite-only and not covered by 1A protections  —  By a 2-to-1 vote, a three-judge panel found that the president can bar the news outlet from small settings such as the Oval Office …
RELATED:
Daniel Thomas / Financial Times:
WPP CEO Mark Read plans to leave WPP by the end of 2025 after 30+ years, as the ad firm faces a near five-year share price low and AI-driven industry upheaval  —  Mark Read will step down from UK group after market capitalisation halved during his seven-year tenure
Dominic Ponsford / Press Gazette:
Axel Springer CEO Mathias Dopfner plans to mandate that all staff spend at least four days per week in the office, impacting staff at titles like Politico  —  Axel Springer CEO Mathias Dopfner plans to mandate that all staff spend at least four days per week in the office.
Discussion: The Times
 
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 More News: 
Mark Sweney / The Guardian:
In a wide-ranging report, the BFI says AI companies are plundering 130K UK film and TV scripts to train AI models in a “direct threat” to the industry's future
Bloomberg:
Despite MLB's strong start to the season, with viewership broadly up, it is scrambling to find a buyer for a major TV package ESPN backed out of in February
Discussion: Forbes
 Earlier Picks: 
Washington Post:
China's state radio has added 80 new frequencies since Radio Free Asia was cut, including those previously used by RFA, and increased its broadcasting hours
Wall Street Journal:
Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC
Todd Spangler / Variety:
Netflix shareholders voted to oust Jay Hoag, who's served on its board since 1999; Hoag offered his resignation and the board has 90 days to accept or reject it
 

 
From Techmeme:

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

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

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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