Top News:
Samantha Schmidt / Washington Post:
El Salvador President Nayib Bukele, emboldened by his Trump administration ties, is cracking down on journalists along with dissenting lawyers and activists — While the Trump administration deepens ties with El Salvador, its millennial president is cracking down on dissenting lawyers, activists and journalists.
Discussion:
@doggett.house.gov and @matthewhaybrown.bsky.social
RELATED:
CNN:
Mario Guevara, an El Salvador-born journalist who covers immigration raids, may face deportation after his arrest while covering No Kings protests in Atlanta — A Salvadoran journalist who built a big social media following by documenting immigration raids may be facing deportation.
Jason Del Rey / Fortune:
A profile of LA-based Whatnot, a livestream marketplace valued at ~$5B, which has raised $700M+ since 2019 and expects its GMV to grow 100%+ YoY to $6B+ in 2025 — On a Wednesday night in early June, Rene Nezhoda leaned back in a Secretlab gaming chair, fiddled with a computer keyboard …
Discussion:
@lexnfx, @simonowens and @delrey
Megan Graham / Wall Street Journal:
A look at the media company Breaking and Entering, whose “60 Seconds of Advertising News” videos have become vital morning viewing for ad industry executives — Breaking and Entering has expanded from a podcast for young creatives to a daily must-watch news roundup for ad leaders
Financial Times:
Major US brands like Bud Light have shifted advertising strategies away from DEI themes, sources say due to fears of a Trump administration backlash — During this year's Super Bowl, American viewers were given a blast from the past when food chain Carl's Jr once again rolled …
Discussion:
@robertscotthorton.bsky.social and @eicathomefinn.bsky.social
Jennifer Maas / Variety:
Warner Bros. Games restructures its operations into teams based on its four key franchises: Harry Potter, Game of Thrones, Mortal Kombat, and the DC Universe — Per WBD, three current studio heads have been promoted to Senior Vice President as part of the restructure: Warner Bros Games …
Eric Newcomer / Newcomer:
Sources: Substack is pitching investors on a round between $50M and $100M that would value it above its ~$700M last round price, and is generating ~$45M in ARR — Substack is generating about $45 million in annual recurring revenue: sources — Substack is quietly fundraising …
Discussion:
@simonowens and @ericnewcomer
Jaewon Kang / Bloomberg:
How Walmart plans to leverage its $2.3B Vizio acquisition to push shoppable TV experiences; Walmart's ad business had just $4.4B of sales in FY 2025 — Walmart Inc. is working toward a future where consumers can buy items while watching their television shows, a strategy retailers have long tried to implement as a way to boost sales.
Discussion:
Elle and PYMNTS.com
Financial Times:
Netflix signs a landmark deal with French network TF1 to show linear TV for the first time; TF1 will broadcast all five channels, showing live sports and more — Deal will be closely watched by broadcasters, who are losing millions of viewers to streaming giants — Daniel Thomas and Hannah Murphy in Cannes
Ted Johnson / Deadline:
The US Senate confirms Olivia Trusty to the FCC, giving Republicans a 2-1 majority after the recent departures of two members — The Senate confirmed Olivia Trusty to the FCC, a move that gives Donald Trump and Republicans a 2-1 majority on the commission.
Brian Steinberg / Variety:
Politico ramps up its podcast investments, aiming to compete with broadcasters through video podcasts on YouTube, including by launching Sunday talk shows — Look out, “Meet the Press.” Make way, “Face the Nation.” Politico wants to enter the Sunday-news pow-wow.
Discussion:
@wolfereports.bsky.social
Aisha Malik / TechCrunch:
Facebook renames its Videos tab as the Reels tab and says all videos on its platform will soon be shared as reels, regardless of their length or orientation — Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation.
Kayla Cobb / The Wrap:
Tubi says it crossed 100M monthly users in May and accounted for 1B hours of total TV viewership time; Nielsen: Tubi accounted for 2.2% of total TV viewership — The free ad-supported streamer also accounted for 1 billion hours of total viewing time during May, according to Nielsen
RELATED:
John Koblin / New York Times:
Nielsen: in May, Americans watched more TV on streaming than on cable and broadcast networks combined, the first time streaming was king of TV over a full month
Nielsen: in May, Americans watched more TV on streaming than on cable and broadcast networks combined, the first time streaming was king of TV over a full month
Discussion:
Nielsen, IndieWire, The Hollywood Reporter, Tim Millard on LinkedIn, TV Tech, MediaPost, @brianstelter, @tvgrimreaper, @tvgrimreaper, 9to5Google, Reuters, The Streamable, Adweek, Barron's Online, Front Office Sports, TechCrunch, Media Play News, Screen Rant, The Hill, CNBC, Awful Announcing, @simondowens@threads.com, @willmckinley.bsky.social, NBC News, Sports Business Journal, What's On Disney Plus, The Desk, Barrett Media, TVLine, Variety, The Wrap, Los Angeles Times, Deadline, TVNewsCheck and Cord Cutters News
