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4:25 AM ET, June 11, 2025

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 Top News: 
Rick Porter / The Hollywood Reporter:
ABC News says it has “made the decision to not renew” Terry Moran's contract after suspending him for calling Stephen Miller a “world-class hater”  —  The long-time correspondent won't return to the network after his suspension.  —  ABC News correspondent Terry Moran has been let go from the network.
Wall Street Journal:
Sources detail how X has used threats of lawsuits and high pressure tactics to motivate companies such as Amazon and Verizon to resume advertising on the site  —  Elon Musk and CEO Linda Yaccarino launched a campaign to strong-arm advertisers back onto the platform
Brian Steinberg / Variety:
Sources: ABC News, NBC News, and CBS News won't preempt regular TV programming for Trump's June 14 military parade, leaving coverage to their streaming outlets  —  Does a parade meant to celebrate the nation truly exist if it can't get on national broadcast TV?
Paula Felps / International News Media Association:
The Guardian expects AI licensing to account for roughly 40% of its licensing revenue for the current financial year  —  The Guardian is amongst the news media companies taking an assertive approach to protecting and commercialising content in a digital landscape increasingly being shaped by artificial intelligence.
Discussion: Tech in Asia
Daniel Frankel / StreamTV Insider:
Bango: subscription providers are reducing their reliance on direct acquisition strategies like social media ads due to rising costs and diminishing returns  —  Bango subscription video on demand (SVOD) subscriber acquisition bundling  —  Marketers of subscription services including …
Alex Weprin / The Hollywood Reporter:
Bob Iger says Disney will “probably” stop disclosing subscriber numbers like Netflix has “at some point” and says it doesn't plan to spin off its cable channels  —  The CEO also said that Disney+ will “probably” emulate Netflix and stop reporting subscriber numbers at some point …
Katie Robertson / New York Times:
Vanity Fair names Vogue creative editorial director Mark Guiducci as its global editorial director, replacing Radhika Jones and starting at the end of June  —  Mark Guiducci will be the first “global editorial director” at Vanity Fair.Amir Hamja for The New York Times  —  Vanity Fair has found its next editor.
Wall Street Journal:
Similarweb: Google's AI tools are significantly cutting organic search traffic to news publishers; traffic to BI, HuffPost, and WaPo is down ~50% in three years  —  Chatbots are replacing Google's traditional search, devastating traffic for some publishers  —  The AI armageddon is here for online news publishers.
Lucas Shaw / Bloomberg:
SmartLess podcast hosts create SmartLess Mobile, a phone company that will run on T-Mobile's network and target customers who can save money by taking less data  —  Samsung's Galaxy S25 Edge Shows the Limits of Impressively Thin Phones … Explainers
 
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 More News: 
Jay Peters / The Verge:
The New York Times' games team is testing a Scrabble-like game called Crossplay in a separate app from the main NYT Games, soft launching in New Zealand on iOS
Todd Spangler / Variety:
MLB acquires a minority stake in Jomboy Media and partners with the baseball-centered media company to collaborate on content activations, IP growth, and more
Georg Szalai / The Hollywood Reporter:
Warner Bros Discovery plans to launch HBO Max in 12 countries in July, mostly in Europe and some in Asia, bringing it to around 90 territories in total
Lillian Rizzo / CNBC:
Internal memo: Paramount Global is cutting its US-based staff by 3.5% and may also reduce its workforce outside of the US over time
 Earlier Picks: 
Variety:
SAG-AFTRA reaches a tentative deal with Activision, EA, Epic, Take-Two, and other game companies on the Interactive Media Contract, after months of strikes
Michael Savage / The Guardian:
WPP Media expects ad revenue from user-generated content and platforms like YouTube and TikTok to surpass that from traditional media for the first time in 2025
Press Gazette:
A UK High Court judge dismisses green energy industrialist Dale Vince's data protection lawsuit against Daily Mail publisher ANL
Mike Schneider / Associated Press:
The Orlando Sentinel got a cease-and-desist from Florida's DCF that claims its reporter coerced families for a story on a foundation tied to Gov. DeSantis' wife
 

 
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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