Top News:
Mark Stenberg / Adweek:
Sources: Penske Media is likely to acquire one or more unsold Vox Media brands, internally called Remain Co., which include The Verge, SB Nation, and Eater — As the portfolio is parceled up, a key revenue leader plots his exit … Following the Wednesday sale of New York Magazine …
Discussion:
@adweek
RELATED:
New York Times:
James Murdoch's Lupa Systems acquires around 50% of Vox Media, including its podcast network, New York magazine, and Vox.com, sources say for $300M+ — James Murdoch is acquiring roughly half of Vox Media, a dramatic expansion in American media for the younger son of the media mogul Rupert Murdoch.
Discussion:
MediaPost, The Hollywood Reporter, The American Bazaar, Vox Media, Poynter, Sydney Morning Herald, Forbes, The Free Press, The Information, Mumbrella, Capital Brief, @sarafischer, @jeremymbarr, @benmullin, @pkafka, @benmullin, @jtes, @sherman4949, Mediaweek, Awful Announcing, Inside Radio, UPI, Associated Press, Wall Street Journal, Inc.com, Australian Financial Review, Telegraph, The Hill, Los Angeles Times, Washington …, CNN, The Daily Wire, Front Office Sports, NewsMax.com, The Business of Fashion, Aftermath, The Guardian, Showbiz411, TVNewsCheck, Washington Post, @ncrabbithole.com, Axios, Newser, Business Insider, Press Gazette, Mediaite, @tcarmody.bsky.social, The Wrap, @newsguyusa@flipboard.social, @seanokane.bsky.social, The A.V. Club, Gothamist, Politico, Bloomberg, r/Journalism and r/Journalism
Todd Spangler / Variety:
Media properties not included in the Lupa-Vox deal, including The Verge and Eater, will operate under a new independent company led by Vox president Ryan Pauley
Peter Kafka / Business Insider:
Q&A with Vox CEO Jim Bankoff on the sale of Vox Media's podcast network, why buyers were interested in that network, and how remaining sites are in “good shape”
Discussion:
Reuters, @pkafka, Puck, Fast Company, Times of India, CNN, Al Jazeera, Barrett Media, Forbes, New York Post and Adweek
Fox News:
Jeff Bezos defends WaPo layoffs, saying the outlet needs to be a profitable enterprise as “a measure of its relevance”, and noted it won a Pulitzer in 2026 — Billionaire Washington Post owner Jeff Bezos on Wednesday responded to criticism of the brutal round of layoffs …
Discussion:
CNBC, CNBC, New York Times, Mediaite, The Daily Wire, @maxwelltani, Drezner's World, Status, @stevemistler, @nick_field90, @douthatnyt, @nick_field90, @lawprofblawg, @pitdesi, @reedgalen, @briannaatucker, @jeremymbarr, @extremearturo, @primarycinema, @richarddeitsch, @greg_travis, @blowryontv, @kainazamaria, @childpleez007, @marquardta, NewsMax.com, @grantstern, @atrupar, Breitbart, Staff Stories, @joshuaholland.bsky.social, twitchy.com, @jackjenkins.me, The Wrap, @gillianbrockell.com, Barrett Media, @genebensinger.bsky.social, @douglasmack.bsky.social, @gillianbrockell.com, @bgrueskin.bsky.social, @bgrueskin.bsky.social, Cele|bitchy, Diane Ravitch's blog and TheGrio, more at Techmeme »
RELATED:
Todd Spangler / Variety:
Jeff Bezos says Amazon MGM Studios' decision to acquire and release Melania “was a good business decision”, denying that it was “a way of buying influence”
Discussion:
CNBC, Us Weekly, Reality Tea, RADAR, The A.V. Club, @JohnSullivan@mastodonapp.uk, Deadline, New York Magazine, U.S. Home, @fangsbites.bsky.social, Consequence, The Guardian, HuffPost, @storyslug.bsky.social, New Republic, @luckyadams.bsky.social, The Hill, The Hollywood Reporter, @justinbaragona.bsky.social and Mediaite
Ethan Millman / The Hollywood Reporter:
Spotify partners with Live Nation to launch Reserved, a new feature that sets aside tickets for the most dedicated fans, starting with Premium users in the US — The streaming service will use streams and shares to determine an artist's most dedicated fans and set aside pairs of tickets …
Discussion:
TechCrunch, Billboard, Bloomberg, The Verge, Mashable, @paleofuture.bsky.social and Spotify, more at Techmeme »
RELATED:
Ivan Mehta / TechCrunch:
Spotify says it has 1M+ subscriptions to Audiobook+, which is on track for $100M in ARR, and unveils an ElevenLabs-powered audiobook self-publishing tool — Alongside tools for AI-generated podcasts, Spotify on Thursday introduced a new, ElevenLabs-powered AI tool for self-publishing audiobooks within the Spotify for Authors platform.
Discussion:
The Wrap, The Verge, The Hollywood Reporter, Spotify and Digital Music News, more at Techmeme »
Jem Aswad / Variety:
Spotify and UMG plan to let Premium users create AI covers and remixes using music from participating UMG artists as a paid add-on, without giving a launch date — Spotify and Universal Music Group have announced a major recorded-music and music-publishing licensing agreements …
Nieman Lab:
Analysis: 382 news sites, including 342 local outlets, are blocking Internet Archive's crawlers amid AI concerns, an increase from 241 sites in January 2026 — McClatchy, Advance Local, Tribune Publishing and other major newspaper chains are restricting the nonprofit's archiving bots.
Discussion:
@karlbode.com, @josemurilo@mato.social and @annaleen.bsky.social
Patrick Brzeski / The Hollywood Reporter:
The Hollywood Reporter launches an Australia edition headed by EIC Sean Sennett, in partnership with Raine Media — Veteran journalist Sean Sennett joins as editor-in-chief of the Sydney-based title, which will cover Australia's booming screen sector across digital, print and video.
Discussion:
Mediaweek and Talking Biz News
Todd Spangler / Variety:
S&P Global says it plans to cut Paramount Skydance's credit rating from BB+ to BB after the WBD merger, indicating company debt securities are speculative grade — S&P Global Ratings already has placed Paramount Skydance's credit rating in junk-status territory — indicating …
Anne Steele / Wall Street Journal:
Netflix and iHeartMedia say Charlamagne tha God's The Breakfast Club will stream live on Netflix on weekdays from June 1, the service's first daily live show — Charlamagne tha God's morning radio show has been a standout success among the streamer's video podcast efforts
Discussion:
Billboard, The Breakfast Club, Reuters, Inside Radio, CNN, Variety, KTLA, Rolling Stone, Deadline, The Hollywood Reporter, CNET, Business Wire, What's on Netflix, Media Play News and Barrett Media
Barbara Peng / Business Insider:
Business Insider CEO Barbara Peng says she is leaving the company on June 30; Christian Baesler will become interim lead of the outlet — Today I am announcing that I will be leaving Business Insider. — This was not an easy decision for me. I love Business Insider.
Discussion:
@dylanbyers, @corbinbolies, Reuters and The Wrap
Eoin Higgins / The Flashpoint:
Eoin Higgins and Hachette file an anti-SLAPP request with a NY court to obtain attorney's fees from Matt Taibbi, after Taibbi's defamation suit was dismissed — I'm seeking attorney's fees from the conservative pundit over his spurious defamation suit—and I'm doing it to protect free speech.
Discussion:
@joestar020 and @jaredlholt
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