Top News:
Joseph De Avila / Wall Street Journal:
Fox plans to acquire Roku in a deal worth ~$22B, including debt, giving it access to 100M+ streaming households; FOX drops 12%+ pre-market — Acquisition gives Fox access to more than 100 million streaming households — Fox said it is acquiring streaming company Roku in a deal worth around $22 billion, including debt.
Discussion:
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CNBC:
Fox says it obtained a $12B loan for the ~$22B Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% — Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming …
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Yasmin Khorram / Politico:
The US DOJ approves Paramount's $111B purchase of WBD without forcing divestitures or behavioral remedies; state AGs could still try to block the move — The DOJ did not immediately respond to a request for comment. Paramount did not respond to a request for comment.
Discussion:
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Liv McMahon / BBC:
The UK's social media ban will cover Snapchat, TikTok, YouTube, Instagram, Facebook, X, and more, and will require platforms to stop children from livestreaming — The UK has announced it is going to ban social media for under-16s. — Prime Minister Sir Keir Starmer said that the ban would take effect in early 2027.
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Reuters:
Keir Starmer says the UK will ban social media for under-16s in an “Australia-plus model” to “give kids their childhood back”, set to take effect in spring 2027 — British Prime Minister Keir Starmer said on Monday he would ban social media sites for under-16s …
Discussion:
TechCrunch, MediaNama, BBC, Associated Press, The Guardian, Mirror, Jezebel, Telegraph, Breitbart, Washington Examiner, The Independent, Straight Arrow, Daily Sabah, The Sun, Bloomberg, Neowin, Metro.co.uk, IGN, ComputerWeekly.com, GB News, RTÉ, Joe.My.God., The Indian Express, New York Times, HuffPost, The Economic Times, The Spectator, @scottygb, Reuters, Daily Record, Seoul Economic Daily, Al Jazeera, Variety, Deadline, CNBC and Sydney Morning Herald, more at Techmeme »
Axios:
Sources: WH officials believe NYT's Maggie Haberman and Jonathan Swan obtained audio recordings of Situation Room meetings for their upcoming book Regime Change — Top White House officials believe New York Times reporters Maggie Haberman and Jonathan Swan obtained audio recordings …
Discussion:
International Business Times, RADAR, @emptywheel.bsky.social, Daily Mail, Wonkette, @unauthorizedbeast.bsky.social, The Independent, NewsMax.com, @swin24.bsky.social, The Wrap, @rgoodlaw.bsky.social, @pamspaulding.bsky.social, @andrewjweinstein.com, Mediaite, @michaelkruse.bsky.social, Raw Story, @laurenmeidasa.bsky.social and MS NOW
Max Tani / Semafor:
The NYT says it is reviewing columnist Nick Kristof's work that favorably mentioned former donors to his 2022 Oregon governor bid, including Bill Gates — The Scoop — When The New York Times announced that columnist Nick Kristof would return following a scuttled 2021 bid for governor of Oregon, the paper made a promise to readers.
Discussion:
Reason, @maxwelltani and @jeradwalker.bsky.social, more at Techmeme »
Daniel Thomas / Financial Times:
Sources: BBC News will announce hundreds of job cuts next week, in the first part of a broader plan to cut ~10% of costs and ~2,000 jobs across BBC departments — Cuts likely to affect specific radio shows as part of corporation plans to reduce costs — The BBC is set to cut hundreds …
Discussion:
The Guardian and BMI
Todd Spangler / Variety:
Netflix expands its iHeartMedia partnership to stream video episodes of podcasts from Martha Stewart and others; the episodes will no longer be on YouTube — In an extension of Netflix's existing deal with iHeartMedia, Netflix has secured exclusive rights to the video versions of podcasts from Stewart, Pons and the Hudsons.
Discussion:
The Wrap, Reuters, Forbes, Barrett Media and Business Wire
Assiatou Hann / CNBC:
Electronic Arts launches EA Advertising, letting brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage — Electronic Arts announced EA Advertising, a new way for brands to connect with fans through its portfolio of games …
Jessica Toonkel / Wall Street Journal:
A profile of Sarah Longwell, founder of opinion news site The Bulwark; source: its revenue was $20M+ in 2025 and is on track to increase by ~50% this year — Sarah Longwell's profitable startup, the Bulwark, approaches the news with a raw candor subscribers crave
Bloomberg:
South Korean media giant JoongAng files for court rehabilitation after its broadcaster JTBC defaulted on a ~$13M loan tied mostly to sports broadcasting rights — South Korean media giant JoongAng Group has filed for court rehabilitation after its broadcaster defaulted on a loan …
Discussion:
Seoul Economic Daily and The Asia Business Daily
