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12:40 AM ET, June 17, 2026

Mediagazer

 Top News: 
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.
RELATED:
Lucas Manfredi / The Wrap:
Netflix says it is “not interested” and has no plans to pursue Lionsgate; Lionsgate shares closed up 13.85% on Tuesday before falling ~4% after hours  —  Shares of the Hollywood studio jumped 13% after Semafor reported the streamer was interested in a potential acquisition
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
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
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:
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.
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.”
 
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 More News: 
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
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
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
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
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
 

 
From Techmeme:

Jay Peters / The Verge:
Snap unveils $2,195 Specs, its first “fully standalone” AR glasses, which have a 51-degree field of view, set to ship “this fall” in the US, the UK, and France

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

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