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9:00 PM ET, June 16, 2026

Mediagazer

 Top News: 
Brian Steinberg / Variety:
Consultancy Madison & Wall estimates a combined Fox and Roku would capture 14% of all US TV ad revenue and 16% of US streaming ad revenue  —  Lachlan Murdoch has for years downplayed the appeal of streaming when it came to a company like his Fox Corp., which remains one of the biggest suppliers …
RELATED:
James Faris / Business Insider:
Buying Roku would make Fox the third-largest TV distributor in the US, behind YouTube and Disney, but ahead of Netflix, according to Nielsen's March data
Caitlin Huston / The Hollywood Reporter:
Lachlan Murdoch says the “expectation” of Fox, which will own two of the top free, ad-supported streamers, is to keep the Roku Channel and Tubi separate
CBC News:
Canada's CBC, which began televising NHL games in 1952, will no longer show NHL games after it was unable to reach a new sublicense deal with Rogers Sportsnet  —  CBC Sports will launch new Saturday night prime time show focused on Olympic-oriented competition
Nieman Lab:
RISJ's 2026 Digital News Report: social media and video networks are now more popular as a source of news than TV and owned and operated news websites and apps  —  Facebook for news is on the rebound, impartial news isn't dead, and other findings from RISJ's 2026 Digital News Report
Rohan Goswami / Semafor:
Sources: Netflix is interested in acquiring Lionsgate and took a look at Roku, but a Roku deal would have faced tougher antitrust scrutiny than Fox's  —  The Scoop  —  It failed in a bid for Warner Bros. Discovery.  Then, it bowed out of its pursuit of Roku, according to people involved in the sale process.
Aisha Malik / TechCrunch:
Meta says Threads now has 500M MAUs, adds a “Your Algo” tool that lets users privately control what they see in their feed, and launches Communities out of beta  —  Nearly three years after launching as a competitor to Twitter (now X), Threads has reaches 500 million monthly active users, the company announced Tuesday.
Kerry Flynn / Axios:
Substack hires former Roku exec Dan Robbins as its first head of brand sponsorships, and launches Creator Kits for publishers interested in brand collaborations  —  Substack has hired former Roku and PayPal executive Dan Robbins as its first head of brand sponsorships, he exclusively tells Axios.
Nick Pinto / Hell Gate:
Reporters at Schneps Media, which owns 100+ newspapers, sites, and other media properties across NYC, including amNewYork, vote to form a union  —  Reporters at Schneps Media, which includes amNew York, Queens Courier, and the Brooklyn Paper, say they can't afford to live on their salaries.
Sara Fischer / Axios:
USA Today adds 1,000 Marvel comics and an exclusive weekly, vertically formatted Spider-Man series to USA Today Play, expanding the app beyond puzzles and games  —  USA Today is adding 1,000 Marvel digital comics and an exclusive new, vertically formatted Marvel Infinity series, “Spider-Man TODAY …
Discussion: Comic Book and @dude.computer
Alex Weprin / The Hollywood Reporter:
With the success of Backrooms, Reddit is increasingly a source of IP and talent for Hollywood, including an upcoming film starring Sydney Sweeney  —  The old-school forum that originated A24's ‘Backrooms’ is embracing its role as an idea incubator where “fandoms can grow organically.”
Wall Street Journal:
Sources: the DOJ closed an investigation of Paramount's bid for WBD before career staffers who were concerned about the acquisition had an opportunity to object  —  Career antitrust officials investigating Warner acquisition were leaning toward recommending a challenge to the merger, people familiar with the matter say
 
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 More News: 
Sara Fischer / Axios:
Letter: Hightouch, an ad tech startup recently valued at $2.75B, offers to buy LiveRamp's identity business from Publicis for $800M to $1.2B in cash and stock
 Earlier Picks: 
Bloomberg:
How South Korean film industry is adopting AI after its worst downturn in years; Korean Film Council: 13 out of 72 high-budget films broke even in 2023 and 2024
Discussion: The Korea Times
Nellie Andreeva / Deadline:
In a note to partners, Disney says Disney Branded Television is rebranding itself as Disney Kids & Family to reflect the nature of the division's content
 

 
From Techmeme:

Rolfe Winkler / Wall Street Journal:
In an interview, Tim Cook says Apple price hikes are “unavoidable” to offset surging memory and storage chip costs, and “the situation has become unsustainable”

The Information:
Noam Shazeer leaves Google to join OpenAI as lead for architecture research; he rejoined Google as a Gemini co-lead in 2024 during the $2.7B Character.AI deal

Financial Times:
Sources: Amodei, Altman, and Hassabis called for US-led collaboration on AI rules at the G7 summit; Macron and Modi raised concerns over the US' block of Mythos
 
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