Top News:
Erik Hayden / The Hollywood Reporter:
Vox Media sells The Verge, SB Nation, Thrillist, The Dodo, and more to Penske; Vox's Ryan Pauley will join Penske as president of PMX, the new media brands unit — The deal formally winds down an era at Vox Media, which had sold its namesake site and podcast assets as well as New York magazine to James Murdoch.
Discussion:
Variety, IndieWire, The Wrap, Sportico, Billboard, Rolling Stone, Gold Derby, Deadline and Robb Report
Stephen Bush / Financial Times:
The BBC will damage or scrap some crown jewels in current affairs by canceling The World Tonight, Crossing Continents, and Money Box Live, and making other cuts — Government should consider direct licence fee increases or give corporation greater freedom to monetise its content — Good morning.
RELATED:
Ellise Shafer / Variety:
Memo: the BBC says it will cut 550 jobs including in its news and content divisions by the start of FY 2027-2028 in the first phase of a plan to save $670M — New BBC director general Matt Brittin has outlined the first phase of his savings plan for the broadcaster, which includes cutting jobs …
Discussion:
BBC, @reporterboy, Mirror, Dan Rayburn on LinkedIn, @michaelsavage, The Hollywood Reporter, Deadline, @iainhepburn.me, ScreenRant, The Wrap, Reuters, Telegraph, Reuters, Sky News and Broadband TV News
Sara Guaglione / Digiday:
USA Today is using AI-assisted, pre-written soccer World Cup “shell files” for breaking news to capture traffic before Google's AI Overviews generate summaries — In the fight for visibility in an AI-powered search era, USA Today Co. is betting that speed can still beat the machines.
Discussion:
@edbott.com
Sara Guaglione / Digiday:
Forbes launches The Daily Brief, an AI-powered audio briefing that turns its top three stories of the day into a five-minute podcast, which is checked by humans — Forbes has launched an AI-powered audio experience on its homepage that turns its top three stories of the day into a five-minute podcast.
Radio Free Europe/Radio Liberty:
Stephen Capus, president and CEO of RFE/RL since 2024, announces his resignation, effective September 15, and will be succeeded by Lisa Curtis — RFE/RL Launches Leadership Transition — Stephen Capus to depart in September; Lisa Curtis steps into role — Share: — Share this page on Facebook
Mallary Tenore Tarpley / Poynter:
Several journalists on Substack say they feel safer working for themselves rather than for legacy outlets, but some say earning a living wage can be difficult — The creator economy is opening new doors for journalists. But can independence replace everything a newsroom provides?
Discussion:
Write at the Edge, Mallary Tenore Tarpley on LinkedIn and @awaisaftab
Kevin Roose / @kevinroose:
Adam Stern / Sports Business Journal:
Apple TV plans to remove its paywall for the F1 Austrian Grand Prix, offering practice, qualifying, and the June 28 Grand Prix for free to users with Apple IDs — Apple and F1 are continuing to find ways to expose races to more viewers, and the newest experiment will be opening Apple TV to everyone for the Austrian Grand Prix.
Discussion:
AppleInsider, Autoweek and MacRumors
The Colorado Sun:
The owner of The Denver Post agreed to pay the city of Denver $13.5M under a settlement to cover overdue rent for the news outlet's former building — The newspaper's lease was supposed to go through 2029, but it will now end June 30 — The owner of The Denver Post must pay the city …
Discussion:
@coloradosun, Denver Business Journal, Denver Post and r/Journalism
Dominic Ponsford / Press Gazette:
DMGT renames its consumer news division to Daily Mail, promotes Vere Harmsworth to executive chairman of Daily Mail, and transfers Metro to Harmsworth Media — DMGT has announced an organisational shake-up which sees its consumer news division, DMG Media, renamed Daily Mail.
Business Insider:
A top Disney and ESPN exec told staff that a beta version of an AI tool to create TV ads will debut in July, to serve smaller businesses without video assets — Disney's AI ad push is picking up steam. — The company is preparing to launch a beta version of a tool for AI-generated TV ads in July …
Discussion:
Ad Age and Social Media Today
