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8:00 PM ET, June 23, 2025

Mediagazer

 Top News: 
Jody Godoy / Reuters:
The FTC approves Omnicom's $13.5B acquisition of rival Interpublic on the condition that the new company does not boycott platforms over political content  —  Omnicom's (OMC.N) $13.5 billion acquisition of rival Interpublic (IPG.N) can move forward on the condition that the new company does …
RELATED:
New York Times:
Media Matters sues the FTC, says its inquiry into advertiser boycotts of X is part of a “campaign of retribution” by the Trump administration and Elon Musk
Najat Kantouar / Wall Street Journal:
Axel Springer wants to double its value by 2030 through AI, long-term relationships with readers, and reducing reliance on search engines and social media  —  The company intends to reduce its reliance on search engines and social media  —  Axel Springer said it plans to double …
Discussion: Reuters
Melissa Korn / Wall Street Journal:
News Corp extends CEO Robert Thomson's contract through June 2030, as it faces AI headwinds; Thomson joined in 2013 and his previous deal expired in June 2027  —  Thomson has pursued digital growth and focused the company on core areas of news, book publishing and digital real estate
Matt Smith / Press Gazette:
Politics Joe puts its video podcasts behind a Patreon paywall, citing YouTube's revenue model limitations, and has 400+ subscribers five days after launch  —  Five days after launch brand attracts 400 paying subscribers on Patreon.  —  Politics Joe has put its video podcasts behind a paywall …
Meera Pattni / Semafor:
Semafor appoints Andrew Friedman as General Manager and Head of Public Affairs; he joins Semafor from Google, where he served on the US Elections team  —  Semafor today announced the appointment of Andrew Friedman as General Manager and Head of Public Affairs, as the global news platform accelerates …
Discussion: @davelee.me
Charlotte Tobitt / Press Gazette:
Will Payne, The Sun's director of digital (editorial), is leaving after almost 11 years to become deputy editor-in-chief of News Corp's New York Post Group  —  Will Payne, The Sun's director of digital (editorial), is leaving after almost 11 years to join fellow News Corp title the New York Post.
Max Goldbart / Deadline:
The UK reveals its long-awaited Creative Industries Sector Plan, including asking the CMA and Ofcom to review how broadcaster consolidation can benefit viewers  —  The UK government wants to make it easier for legacy broadcasters to consolidate and partner up.
Matt Grobar / Deadline:
Punchup Live, a ticketing and analytics platform for stand-up comedians, raised a $2.3M seed led by Social Leverage, and plans to expand into more live events  —  Led by Social Leverage, the round saw participation from all major existing investors including Hustlefund and Evil Twin Capital.
Pamela McClintock / The Hollywood Reporter:
AMC Theatres, facing financial pressure, reverses course and joins its rivals in adding regular ads to its pre-movie lineup, in a worrying trend for studios  —  Industry leader AMC Theatres is reversing course and joining its rivals on July 1 in adding regular ads to its pre-movie lineup in a worrisome trend for studios.
Discussion: @stinasdemons.com
Rick Porter / The Hollywood Reporter:
Disney names Jilly Pearce as head of unscripted programming for ABC and Hulu; Pearce was previously the president of Objective Media Group America  —  The executive was most recently president of Objective Media Group America.  —  Disney is filling a key executive post in its unscripted division.
Discussion: Deadline
 
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 More News: 
Brooks Barnes / New York Times:
Disney's Elio, which cost $250M to make and market, collected just $21M from its opening domestic weekend, per Comscore, Pixar's worst opening weekend ever
Lucas Shaw / Bloomberg:
Inside Disney's plan to limit AI companies' use of its IP, which led Disney and Comcast to sue Midjourney; Disney is also in talks with companies like OpenAI
Discussion: The Decoder
 Earlier Picks: 
Tuvan Gumrukcu / Reuters:
Local media: a Turkish court arrested independent journalist Fatih Altayli over his comments on social media allegedly threatening President Tayyip Erdogan
Discussion: Bloomberg and The Indian Express
TheDesk.net:
XR Extreme Reach: in 2024, only 9% of TV ads had closed captions and 1% had audio descriptions, despite over half of adults watching content with captions on
Andrea Flores / Los Angeles Times:
An interview with Mexican reporter Jorge Ramos, who returns with a new independent daily news program on social media six months after leaving TelevisaUnivision
 

 
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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