Top News:
John Koblin / New York Times:
Nielsen preliminary data: the final episode of The Late Show With Stephen Colbert drew 6.7M viewers, the biggest audience for the show since an episode in 2016 — The total tripled his usual audience this season. But it is only about half of what Jay Leno and David Letterman attracted for their final episodes.
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Kierra Frazier / CBS News:
After 11 years and over 1,800 episodes, Stephen Colbert hosted The Late Show's finale, which ran 17 minutes longer than usual, ending the 33-year franchise
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Etan Vlessing / The Hollywood Reporter:
The MPA and the Streaming Innovation Alliance blast Canada's CRTC for adopting rules forcing streamers to contribute 15% of Canadian revenue to Canadian content — The CRTC on Thursday ordered American digital platforms to contribute 15 percent of their Canadian revenues …
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Paul Vieira / Wall Street Journal:
The US Ambassador to Canada accuses Canada of imposing trade barriers by requiring that US streamers contribute 15% of Canadian revenue to local programming — Remarks from U.S. Ambassador Pete Hoekstra add to harshly critical statements from lobby groups representing Hollywood and tech companies
Discussion:
@usambcanada, CCIA, Los Angeles Times, TechSpot and Dow Jones Newswires
Alice Brooker / Press Gazette:
French political title Contexte, which generates 100% of its revenue from subscriptions, reports a €268K net profit for 2025, its first profit without subsidies — Title offers in-depth political coverage entirely funded by subscriptions. — After a year of slowing down investment …
Marcelo Cajueiro / Variety:
Sofa, a Brazilian TV network, plans to launch 16 free ad-supported channels on YouTube, in Spanish and Portuguese in Brazil, Latin America, the US, and Portugal — The package includes channels with films and series dubbed into Spanish and Portuguese and selected through curation; channels will have TV ads inserted via DAI technology
Mark Stenberg / Adweek:
eMarketer: live sports TV ad spend in the US will top $20B in 2027 and hit ~$25B by 2030, growing 27% from 2026 to 2030, 4x the rate of the overall TV ad market — Live sports advertising is set to become a more than $20 billion business in 2027, growing far faster than the broader television market …
Matthew Jordan / The Conversation:
A look at the history of US radio and how it grew with the idea that media should serve the public interest, as CBS Radio News went silent on Friday night — When CBS Radio News goes silent on May 22, 2026, Americans will lose access to news programming they've tuned into from their living rooms …
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Gregory Svirnovskiy / Politico:
NYT publisher AG Sulzberger criticized President Trump's incursions on press freedom and chastised some news outlets for capitulating to the president — Sulzberger reprehended publications he said have settled “winnable cases” with the president, refocused their editorial pages away …
Corbin Bolies / The Wrap:
GLAAD and more than 40 advocacy groups submit a public comment calling the FCC's proposed LGBTQ TV warning label “unnecessary, unhelpful and discriminatory” — More than 40 advocacy groups warn that such a move would be “unnecessary, unhelpful and discriminatory,” …
Discussion:
Deadline
Etan Vlessing / The Hollywood Reporter:
Analysts speculate about the best candidates to buy Imax, noting a studio buyer could erode Imax's value if the buyer favored its own releases over competitors — The list, right now at least, is long for potential suitors for the film technologies company that is used to sale speculation.
Discussion:
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Ted Johnson / Deadline:
The FCC opens up public comment on whether ABC's The View qualifies as a “bona fide news program” and is therefore exempt from equal time requirements — FCC Chairman Brendan Carr announced the public comment period on Friday, with filings due by June 22 and replies by July 6.
Variety:
Prediction markets are spoiling reality TV shows, as Kalshi had the winner of Survivor 50 at 97% odds by the finale; Kalshi is looking at ways to avoid spoilers — Pretaped reality TV shows are facing an unforeseen problem: Prediction markets are spoiling their endings.
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