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5:10 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
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.
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
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.
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.
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
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: @dude.computer
Sara Fischer / Axios:
People Inc. acquires Hot Luck, an Austin-based food and music festival, as part of a push to bring live experiences to lifestyle brands  —  - It also gives People Inc. access to a younger live audience within its food vertical. … - The event drew more than 10,000 attendees in 2025 …
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 …
 
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 More News: 
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
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
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
 Earlier Picks: 
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
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