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4:40 PM ET, June 17, 2026

Mediagazer

 Top News: 
Ellise Shafer / Variety:
Memo: the BBC says it will cut 550 jobs including in its news and content divisions by the start of FY 2027-2028 in the first phase of a plan to save $670M  —  New BBC director general Matt Brittin has outlined the first phase of his savings plan for the broadcaster, which includes cutting jobs …
RELATED:
Jake Kanter / Deadline:
Email: BBC says commissioning spend will be reduced by £80M by March 2028 and TV development budget will be slashed by 15% annually  —  Now, the corporation's content chief has written to independent producers to shed more light on how they will be impacted by the changes.
Zoe Engels / Mediaite:
Kara Swisher says she'll leave CNN as soon as she can if the Ellisons acquire WBD, the network's parent company; she's under contract until the end of 2026  —  CNN's Kara Swisher said she'll depart CNN as soon as she can if the “incompetent” Ellison family successfully acquires the network's parent company, Warner Bros. Discovery.
RELATED:
Miles Klee / Wired:
Freedom of the Press Foundation says Paramount refused to air an ad criticizing Paramount's merger with WBD during the stream of the UFC White House event
Angelique Chrisafis / The Guardian:
Reporters Without Borders and French journalists unions complain that billionaire Bernard Arnault has bought up almost all the country's business media outlets  —  Arnault's addition of leading weekly to stable of publications raises concerns about media ownership in France
Ben Fritz / Wall Street Journal:
A profile of Silk White, whose movies and TV shows, which have grossed ~$2M in the year to February, are distributed by Filmhub to online platforms like Tubi  —  Silk White's D.I.Y. movies and TV shows are profiting from growing audiences on free streaming services like Tubi and Roku
Sarah Perez / TechCrunch:
Mastodon adds email newsletters, letting writers send their posts directly to subscribers' inboxes, even to readers without a Mastodon account  —  Mastodon, the open, decentralized alternative to Big Tech apps like X and Threads, is betting that email could help solve the open social web's biggest problem: audience growth.
Discussion: Mastodon Blog and The Verge
Matt G. Southern / Search Engine Journal:
Kapwing: in tests, ~60% of the first 500 TikTok For You videos shown to a new account were AI slop, ~3x the slop shown to a new user in the YouTube Shorts feed  —  In a fresh-account test, Kapwing found 59% of TikTok For You videos were AI slop, roughly three times the rate on YouTube.
Mark Sweney / The Guardian:
Analysts: UK social media ban is likely to cause £1.3B in digital ad cuts in 2027, with streaming services poised to benefit as advertisers seek to reach teens  —  TV streamers and family shows set to benefit as brands cease marketing to teenagers on sites such as YouTube
 
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 More News: 
Sarah Perez / TechCrunch:
WordPress survey: 60% of US consumers say “AI” in a brand's messaging is a turnoff, and 86% always or sometimes check the source after receiving an AI summary
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
Mitchell Armentrout / Chicago Sun Times:
Illinois Governor JB Pritzker signs a state budget that levies taxes on social media giants, digital advertising, and prediction and crypto markets
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

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 on Mythos

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”

New York Times:
A look at chaos inside Anthropic after disabling Fable 5 and Mythos 5 with less than 90 minutes of notice, as some staff wonder if Trump is bullying the startup
 
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