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5:10 PM ET, June 6, 2026

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 Top News: 
Jody Godoy / Reuters:
Sources: a group of US states is preparing a lawsuit against Paramount's WBD acquisition; California's AG has said his office would make a decision soon  —  A group of U.S. states including California and New York are preparing a lawsuit to block Paramount Skydance's (PSKY.O) …
RELATED:
Sabrina Willmer / Bloomberg:
A judge orders Paramount Skydance to reveal some internal docs from its 2025 merger, in a lawsuit by investors who say the deal unfairly enriched Shari Redstone  —  A Delaware Chancery Court judge ordered Paramount Skydance Corp. to hand over some internal communications tied to the 2025 merger …
Ted Johnson / Deadline:
Memo: Lesley Stahl, Bill Whitaker, and Jon Wertheim say they will stay at 60 Minutes as they don't want to see it die and are “working to build trust with Nick”  —  The three remaining fill-time correspondents on 60 Minutes — Lesley Stahl, Bill Whitaker and Jon Wertheim …
Daniel Thomas / Financial Times:
Q&A with BBC's Matt Brittin on the necessity of YouTube, growing the BBC's role in education and skills, streamers helping pay for public broadcasting, and more  —  The former Google executive on the challenges facing the public service broadcaster, his plans to cut 2,000 jobs — and what impartiality means in a polarised world
Max Tani / Semafor:
Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts  —  THE SCOOP  —  Kalshi on Friday asked some of its paid political influencers to remove X posts that sowed doubt about the integrity …
Anthony D'Alessandro / Deadline:
This weekend, Lionsgate's Michael will become the studio's highest grossing movie; the Michael Jackson biopic has earned $346.6M domestically and $508M+ abroad  —  You know it's a great summer when myriad studios are hitting all-time company records at the global box office.
Todd Spangler / Variety:
Reed Hastings departs Netflix's board following the June 4 annual shareholders meeting; Jay Hoag, Netflix's lead independent director, is named chairman  —  Shareholders last year had voted to oust Hoag, previously lead independent director at the streamer  —  It's a changing for the guard at the top of Netflix's board.
Matthew Keys / TheDesk.net:
Newsmax is planning to expand to Germany, Italy, Greece, and other international markets this year through partnerships and licensing deals with other companies  —  Cable news outlet Newsmax is launching localized versions of its channel in several more countries this year …
Nicole Sperling / New York Times:
A profile of Netflix's film division chair Dan Lin, who's greenlit 88 films since 2024, shifting strategy toward budget discipline and in-house development  —  When Dan Lin, the chairman of Netflix's film division, read the script for a survival thriller set in the remote wilderness of Australia …
Isabella Kwai / New York Times:
How LinkedIn is transforming into a “post-cringe” social network as it courts high-profile influencers, who are building audiences on corporate-friendly topics  —  Celebrities and paid influencers have transformed the career-focused platform, which for some users, has become a job unto itself.
Jennifer Maas / Variety:
Paramount Skydance unveils Paramount Games Studio, which combines Skydance's two game studios with Paramount's IP, to be headed by Tony Driscoll  —  David Ellison has been moving pieces around the board in reshaping the new Paramount Skydance over the past year.
 
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 More News: 
Charlotte Tobitt / Press Gazette:
The Guardian's EIC says digital reader revenue rose 17% YoY to £125M in the year to March 31 and over 40% of revenue is from outside the UK, up from 8% in 2016
Financial Times:
Court filings: Trump's legal team has refused to hand over financial documents requested by the BBC in his $10B defamation case despite claiming financial harm
 Earlier Picks: 
Josh Gerstein / Politico:
Thomas Pauken II, a US journalist who worked for Chinese state-run media, has pleaded guilty to working as an unregistered agent for China in the US
Austin Karp / Sports Business Journal:
Telemundo says it will not cut away to commercials during World Cup hydration breaks, but there will be “some commercial aspects” that won't interrupt viewers
Page Six:
Sources: Nick Bilton is making $2.5M to lead 60 Minutes, or $1M more than Tanya Simon was paid for the same job before being ousted
 

 
From Techmeme:

Financial Times:
Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year

Caleb Mutua / Bloomberg:
Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed

Elizabeth Dwoskin / Washington Post:
Inside the Trump admin's push to integrate AI into the healthcare system, including an FDA regulatory fast track for digital health tech like AI chatbots
 
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