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1:40 PM ET, June 16, 2026

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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
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%
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
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
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.
Jake Kanter / Deadline:
Sources: Bari Weiss has met with journalists she considers free thinkers in London, as she considers CBS News and The Free Press' operations outside the US  —  Weiss has spent time in London in recent months, where she has met with other presenters as she considers CBS News and The Free Press' operations outside of the U.S.
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  —  Hightouch, an ad tech startup recently valued at $2.75 billion, has offered to buy LiveRamp's identity business from ad holding group Publicis …
Michel Rose / Reuters:
France's media regulator orders CNews to comply with pluralism rules, putting Vincent Bolloré's conservative channel one step away from disciplinary action  —  France's media regulator on Monday ordered rolling news channel CNews to comply with rules on pluralism and diversity of opinion …
Radio Prague International:
A Czech government draft law ends license fees for public media in favor of state funding, shrinking outlets' budgets; the bill needs parliamentary approval  —  The Czech government on Monday made good on its promise to abolish license fees for public-service media and fund them directly from the state budget.
Discussion: Associated Press, Reuters and Bloomberg
Kerry Flynn / Axios:
New York Post Media Group is launching its first FAST channel with 150 hours of programming from across the NY Post, California Post, Page Six, and more  —  New York Post Media Group is launching its first free ad-supported streaming TV (FAST) channel, head of video and audio Warren Cohen exclusively tells Axios.
Dominic Ponsford / Press Gazette:
Around 31 UK websites adopt “Search-Only Contracts” setting payment rates, typically £500/article, for unauthorized AI scraping, paving the way for legal claims  —  Google's new $1bn London headquarters could be receiving a visit from the bailiffs this summer after publishers opened …
Discussion: @polemicdigital.com
 
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 More News: 
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
 Earlier Picks: 
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
Assiatou Hann / CNBC:
Electronic Arts launches EA Advertising, letting brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage
 

 
From Techmeme:

Reuters:
SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee

Sarah Perez / TechCrunch:
Google launches Android 17 and Wear OS 7, first on Pixel devices, with support for the latest AI models, a bubble bar UI, and live updates on Wear OS

Ed Zitron / Ed Zitron's Where's Your Ed At:
Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing
 
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