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5:00 PM ET, June 10, 2025

Mediagazer

 Top News: 
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.
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  —  Paramount Global is cutting its U.S.-based staff by 3.5%, the latest round of layoffs at the media company as it contends with the decline of the traditional pay-TV bundle and macroeconomic headwinds.
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
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  —  User-generated material to surpass advertising income from professional media amid change in viewing habits
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.
Washington Post:
CPJ says police have assaulted “more than 20” journalists, including by less-lethal projectiles, since LA protests began on June 6, echoing the 2020 US protests  —  Reporters say they were struck with less-lethal rounds fired by law enforcement.  Advocates worry it will inhibit vital journalism.
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  —  Jimmy “Jomboy” O'Brien has made it to the big leagues.  —  O'Brien's Jomboy Media has inked a strategic pact with Major League Baseball …
Sarah Fortinsky / The Hill:
CPB CEO Patricia Harrison says three board members that President Trump tried to fire in April remain directors, after a US judge recognizes CPB's independence  —  Correction: A previous version of this article gave incorrect names of the fired CPB board members.  They are Laura Ross, Diane Kaplan and Thomas Rothman.
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  —  Florida's child welfare agency sent a letter to a Florida newspaper telling it to “cease and desist” its reporting on foster families …
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  —  The video game actors' strike may soon come to an end.  —  The Screen Actors Guild-American Federation of Television and Radio Artists …
 
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 More News: 
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
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
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
 Earlier Picks: 
Press Gazette:
A UK High Court judge dismisses green energy industrialist Dale Vince's data protection lawsuit against Daily Mail publisher ANL
Discussion: Irish News
Cecilia D'Anastasio / Bloomberg:
Roblox hires Paramount's Naveen Chopra as its new CFO, effective June 30; Chopra previously held senior roles at Amazon and served as CFO at Pandora and TiVo
Washington Post:
WaPo names Sam Han as its first Chief AI Officer and unveils WP Incubator, modeled after Silicon Valley incubators to develop new products and business lines
Alex Weprin / The Hollywood Reporter:
Disney closes its deal with Comcast to buy out NBCUniversal's 33% stake in Hulu, paying an additional $439M, after agreeing in 2023 to pay a floor of $8.61B
 

 
From Techmeme:

Todd Spangler / Variety:
The Trump Organization teases the $499 “T1 Phone”, a gold phone “designed and built” in the US, and Trump Mobile, an MVNO that uses AT&T, Verizon, and T-Mobile

Sergiu Gatlan / BleepingComputer:
Europol, Germany, and more dismantle Archetyp Market, a darknet drug marketplace active since May 2020 with 612K users processing €250M+ in Monero transactions

Financial Times:
Digital asset platform Tron plans to go public via a reverse merger with Nasdaq-listed SRM Entertainment, after the US paused a probe into founder Justin Sun
 
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