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4:30 AM ET, June 19, 2025

Mediagazer

 Top News: 
Alex Weprin / The Hollywood Reporter:
At Cannes, YouTube CEO Neal Mohan says YouTube plans to integrate Google's most advanced AI video generation tool, Veo 3, into YouTube Shorts later this summer  —  The Veo 3 video generator is capable of creating both videos and sound based on text prompts, with YouTube CEO Neal Mohan saying the …
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Kayla Cobb / The Wrap:
Cannes Lions: YouTube CEO Neal Mohan says YouTube Shorts now averages 200B daily views, up 186% from the 70B average daily views YouTube reported in March 2024
Financial Times:
Netflix signs a landmark deal with France's TF1 to show linear TV for the first time; TF1 will broadcast all five of its 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
Peter Kiefer / The Hollywood Reporter:
Q&A with Ashokan Studios' Justin Wells on making “high quality” conservative content, the second season of his doc about Trump's campaign and second term, more  —  Banished from Fox News with his boss Tucker Carlson, Justin Wells is back with a buzzy Trump documentary …
CNN:
With Trump's media habits once again having serious foreign policy effects, Fox News takes a pro-war stance in the MAGA media feud over the Israel-Iran conflict  —  As conservative radio host Clay Travis opened his mouth Tuesday night on Fox News, he was hyper-aware of the viewer-in-chief.
Aisha Counts / Bloomberg:
SoftBank-backed Spotter, which fronts cash to YouTubers for a cut of revenue, is facing significant challenges due to YouTube's shift toward Shorts, and more  —  The company, which boasted a new way for social media stars to fund their operations, fronted millions of dollars to creators …
The Hollywood Reporter:
How top Hollywood creatives are pushing Gov. Gavin Newsom to expand California's film and TV program from $330M to $750M, seeking to halt a production exodus  —  In Sacramento, A-listers delicately push to expedite a bulked-up tax incentive to halt a production exodus.
Todd Spangler / Variety:
Tubi launches Tubi for Creators, a new program that includes licensing more than 500 episodes from six YouTube creators, including Rhett & Link's Mythical  —  Fox-owned free streamer has hired ex-Vimeo exec Rich Bloom as GM of creator programs  —  Tubi is expanding its streaming buffet …
Dominic Ponsford / Press Gazette:
The Daily Beast says Reddit and Facebook have made up for falling Google referral traffic; Vox CEO says OpenAI is a good partner but still undervalues content  —  Reddit and Facebook have made up for falling referral traffic from Google for the Daily Beast.
Charlotte Tobitt / Press Gazette:
The Economist reports revenue up 2% YoY to £368.5M for FY ending March 31, operating profit up 2% to £48.1M, subscribers up 3% to 1.25M, and digital subs up 8%  —  The Economist has reported a record year for revenue fuelled by growing subscriptions.
Discussion: @pressgazette
 
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 More News: 
Dan Milmo / The Guardian:
Deezer says AI-made music accounts for just 0.5% of streams on the music streaming platform, but up to 70% of those streams are fraudulent
 Earlier Picks: 
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
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
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
 

 
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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