Top News:
Erik Hayden / The Hollywood Reporter:
Vox Media sells The Verge, SB Nation, Thrillist, The Dodo, and more to Penske; Vox's Ryan Pauley will join Penske as president of PMX, the new media brands unit — The deal formally winds down an era at Vox Media, which had sold its namesake site and podcast assets as well as New York magazine to James Murdoch.
Discussion:
WWD, New York Times, Variety, IndieWire, Awful Announcing, The Wrap, Billboard, Sportico, @samitsarkar.bsky.social, Barrett Media, @dinfontay.com, Robb Report, @lopatto.bsky.social, Sports Business Journal, @harrymccracken.com, Rolling Stone, @parkerortolani.com, @jetjocko.bsky.social, Gold Derby and Deadline
Stephen Bush / Financial Times:
The BBC will damage or scrap some crown jewels in current affairs by canceling The World Tonight, Crossing Continents, and Money Box Live, and making other cuts — Government should consider direct licence fee increases or give corporation greater freedom to monetise its content — Good morning.
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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
Discussion:
BBC, @reporterboy, Mirror, Dan Rayburn on LinkedIn, @michaelsavage, The Hollywood Reporter, Deadline, @iainhepburn.me, ScreenRant, The Wrap, Reuters, Telegraph, Reuters, Sky News and Broadband TV News
Sara Guaglione / Digiday:
USA Today is using AI-assisted, pre-written soccer World Cup “shell files” for breaking news to capture traffic before Google's AI Overviews generate summaries — In the fight for visibility in an AI-powered search era, USA Today Co. is betting that speed can still beat the machines.
Discussion:
@edbott.com
Sara Guaglione / Digiday:
Forbes launches The Daily Brief, an AI-powered audio briefing that turns its top three stories of the day into a five-minute podcast, which is checked by humans — Forbes has launched an AI-powered audio experience on its homepage that turns its top three stories of the day into a five-minute podcast.
Brandy Zadrozny / MS NOW:
The Onion plans to relaunch Infowars on July 2 and will route more than $100,000 to Sandy Hook families, as legal fights over the website continue — The Onion's staff is tired of waiting for the courts to settle its pending takeover of Alex Jones' brand, so the new Infowars will launch next month.
Radio Free Europe/Radio Liberty:
Stephen Capus, president and CEO of RFE/RL since 2024, announces his resignation, effective September 15, and will be succeeded by Lisa Curtis — RFE/RL Launches Leadership Transition — Stephen Capus to depart in September; Lisa Curtis steps into role — Share: — Share this page on Facebook
Mallary Tenore Tarpley / Poynter:
Several journalists on Substack say they feel safer working for themselves rather than for legacy outlets, but some say earning a living wage can be difficult — The creator economy is opening new doors for journalists. But can independence replace everything a newsroom provides?
Discussion:
Mallary Tenore Tarpley on LinkedIn, Write at the Edge and @awaisaftab
Hugo Lowell / Wired:
New book: Bezos told Trump that WaPo had been one of his worst investments and “the people there are terrible”; Trump told associates Bezos was “kissing my ass” — “You would not believe the texts I got from these tech guys,” NYT reporters Maggie Haberman …
Discussion:
@adamserwer.bsky.social, @katie-drummond.bsky.social, @wired.com, @researchbuzz@researchbuzz …, @hugolowell.bsky.social, The Post Millennial, @rbreich.bsky.social, @timmarchman.bsky.social, The Daily Caller, Fox News, RADAR, Gizmodo, New York Post and The Gateway Pundit, more at Techmeme »
Reuters:
Bertelsmann says US and German authorities have approved the planned merger of its music division BMG with rival Concord; it expects to close the deal in Q4 — German media group Bertelsmann (BTGGg.F) on Wednesday said U.S. competition authorities have approved the planned merger …
Discussion:
Music Week, Digital Music News, Billboard and Music Business Worldwide
Kevin Roose / @kevinroose:
Todd Spangler / Variety:
HBO Max discounts the price of its annual subscription plans by 28% for new and returning subscribers with expired or canceled subscriptions, through July 15 — HBO Max has long offered a discount if you pay upfront for a year of service. Now the Warner Bros. Discovery-owned service …
Discussion:
The Verge, The Hollywood Reporter, WPXI-TV, Consequence, Streaming Better, The Streamable, Media Play News and Wired
Adam Stern / Sports Business Journal:
Apple TV plans to remove its paywall for the F1 Austrian Grand Prix, offering practice, qualifying, and the June 28 Grand Prix for free to users with Apple IDs — Apple and F1 are continuing to find ways to expose races to more viewers, and the newest experiment will be opening Apple TV to everyone for the Austrian Grand Prix.
Discussion:
9to5Mac, AppleInsider, Autoweek and MacRumors
