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4:45 AM ET, June 18, 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.
Business Insider:
A top Disney and ESPN exec told staff that a beta version of an AI tool to create TV ads will debut in July, to serve smaller businesses without video assets  —  Disney's AI ad push is picking up steam.  —  The company is preparing to launch a beta version of a tool for AI-generated TV ads in July …
Discussion: Social Media Today
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: @awaisaftab
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.
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
 
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 More News: 
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
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
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
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
 Earlier Picks: 
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
 

 
From Techmeme:

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”

The Information:
Noam Shazeer leaves Google to join OpenAI as lead for architecture research; he rejoined Google as a Gemini co-lead in 2024 during the $2.7B Character.AI deal

Hugo Lowell / Wired:
Trump administration officials say Anthropic must ensure Fable 5's guardrails can't be circumvented before rerelease; experts say that may not be possible
 
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