Top News:
Jeremy Fuster / The Wrap:
The Super Mario Galaxy Movie becomes the first release of 2026 to cross $1B in global grosses; Michael Jackson biopic Michael is on the verge of crossing $900M — The Universal/Illumination film crossed the milestone after its ninth weekend in theaters — After nine weekends in theaters …
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Anthony D'Alessandro / Deadline:
Backrooms, which has a budget of ~$10M, becomes A24's highest grossing movie ever with $212.6M in global box office in ten days, beating Marty Supreme's $191.2M — The Kane Parsons feature take of his viral IP ranked third at the global box office with a second frame of $50.1M at 52 territories …
Discussion:
The Hollywood Reporter, @everyonebpup, @cinephiliabeyond.org, Variety, Gizmodo, ScreenRant and r/boxoffice
Max Tani / Semafor:
Condé Nast filed a lawsuit against Goulash Unlimited, the worker-owned collective that revived Gourmet after discovering that Condé had let its trademark lapse — THE SCOOP — The parent company of the defunct food magazine Gourmet is not pleased that a group of journalists have revived it on their own.
Discussion:
@kevinjallen.bsky.social
Max Tani / Semafor:
Politico shutters E&E News, the standalone energy brand it bought in December 2020, amid a reorganization that expands its energy-focused coverage — The Scoop — Politico is folding an energy spinoff brand it purchased years ago amid a reorganization which expands its energy-focused coverage.
Discussion:
The Gateway Pundit, Louie Woodall on LinkedIn, @eakc32.bsky.social, @ZLabe@fediscience.org, @climatebrad.hillheat.com, @citizenstx.bsky.social, @rsanta.bsky.social, @maxwelltani, David Leavitt on LinkedIn, David Ferris on LinkedIn, @politicopress, @lawrencehurley.bsky.social, @rebleber.bsky.social, @allisonwgood.bsky.social, Daily Caller News Foundation, @dave.bzky.team, Politico, @greenhombre.bsky.social, Ace of Spades HQ and Talking Biz News
Brian Steinberg / Variety:
Fox Corp. signs a new deal to show a wide range of NFL games via its Mexican outlets, including transmissions of Thursday Night Football and the Super Bowl — Fox Corp. said it secured a new deal to show a wide range of NFL games via its Mexican outlets, including transmissions of …
Discussion:
Sports Business Journal, Pete Distad on LinkedIn, TheDesk.net and Media Play News
Arasu Kannagi Basil / Reuters:
Bending Spoons files for a US IPO, reporting a net income of $27.5M on revenue of $601M in Q1, vs. a net loss of $112.2M on revenue of $259M a year earlier — Vimeo parent Bending Spoons filed for a U.S. initial public offering on Monday, as a busy summer IPO window takes shape.
Alex Weprin / The Hollywood Reporter:
Fox News integrates Outkick into Fox News Digital, five years after acquiring the sports brand; Clay Travis will exit the site to become a Fox contributor — Travis founded the site and sold it to Fox five years ago, but will continue to appear on Fox News and host ‘Outkick the Show with Clay Travis’ on FS1.
Lucas Shaw / Bloomberg:
Sources: Spotify has approached concert promoters about licensing music festival livestreams, aiming to add more video to become a one-stop shop for music fans — Spotify is looking to become a hub for live music — Good evening from New York. I just landed here so that I can help smuggle Charles Oakley …
Discussion:
The Next Web, TechRadar, Music Business Worldwide, @mikeisaac, Digital Music News, @mikeisaac, Lucas Shaw on LinkedIn and Hypebot
Todd Spangler / Variety:
NPR hires Nadine Zylstra, who was most recently Pinterest's global head of programming and original content, as chief content officer, starting in July — Nadine Zylstra is trading her Pinterest vision board to try to get her head around the future of public media.
Discussion:
NPR, TheDesk.net, Scott Donaton on LinkedIn, Current, @davidfolkenflik, Radio Ink, Inside Radio and Nadine Zylstra on LinkedIn
Lulu Garcia-Navarro / New York Times:
Q&A with Scott Pelley on his last days at 60 Minutes, CBS News' Bari Weiss era, “Black Thursday massacre” firings, confronting Nick Bilton publicly, and more — It's hard to overstate the impact of “60 Minutes” on journalism. It's the most-watched television-news program in America.
Discussion:
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Jack Dunn / Variety:
FCC Chair Brendan Carr says “many legacy journalists are completely out of touch”, in response to Scott Pelley's surprise over his 60 Minutes ousting
Discussion:
@brendancarrfcc, Deadline, TMZ.com, Townhall, Newsbusters, The Hill, @scondrasht.bsky.social, The Wrap, Fox News and Wall Street Journal
Samuel Stolton / Bloomberg:
Sources: Paramount Skydance is open to selling some children's TV network assets to help win EU approval of its $110B bid for WBD ahead of a July 7 deadline — Paramount Skydance Corp. is prepared — if necessary — to divest some children's TV network assets to help win European Union approval …
Discussion:
CNN, The Independent, ScreenRant and Cord Cutters News
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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
Discussion:
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Erik Larson / Bloomberg:
Trump's lawyers tell SCOTUS that he intends to ask for the revival of his $475M defamation suit against CNN over use of the term “Big Lie” in its 2020 reporting — President Donald Trump told the US Supreme Court he intends to ask the justices to revive his $475 million defamation lawsuit …
Discussion:
TheDesk.net, @harrymccracken.com and MS NOW
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