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11:05 PM ET, June 10, 2025

Mediagazer

 Top News: 
Rick Porter / The Hollywood Reporter:
ABC News says it has “made the decision to not renew” Terry Moran's contract after suspending him for calling Stephen Miller a “world-class hater”  —  The long-time correspondent won't return to the network after his suspension.  —  ABC News correspondent Terry Moran has been let go from the network.
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.
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.
Paula Felps / International News Media Association:
The Guardian expects AI licensing to account for roughly 40% of its licensing revenue for the current financial year  —  The Guardian is amongst the news media companies taking an assertive approach to protecting and commercialising content in a digital landscape increasingly being shaped by artificial intelligence.
Discussion: Tech in Asia
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  —  The CEO also said that Disney+ will “probably” emulate Netflix and stop reporting subscriber numbers at some point …
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.
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 …
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
Bloomberg:
Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023  —  The company, a unit of WeChat-operator Tencent Holdings Ltd., will issue shares to its founders and other backers to help fund the acquisition, it said in a statement.
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
 
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 More News: 
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
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
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
 Earlier Picks: 
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
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:
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
 

 
From Techmeme:

MacKenzie Sigalos / CNBC:
The US Senate passes the GENIUS Act, which establishes a regulatory framework for stablecoins; the bill now heads to the House

CNN:
President Trump plans to sign an executive order this week to grant TikTok a 90-day extension in enforcement of the sale-or-ban law, marking his third extension

Maxwell Zeff / TechCrunch:
On a podcast, Sam Altman said Meta made “giant offers to a lot of people on our team ... like, $100M signing bonuses”, and “none of our best people” accepted
 
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