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8:30 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.
Dominic Ponsford / Press Gazette:
DMGT renames its consumer news division to Daily Mail, promotes Vere Harmsworth to executive chairman of Daily Mail, and transfers Metro to Harmsworth Media  —  Organisational shake-up sees Metro moved into Harmsworth Media.  —  DMGT has announced an organisational shake-up which sees …
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
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: Ad Age and Social Media Today
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
 Earlier Picks: 
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
 

 
From Techmeme:

Wired:
Sources: the White House's move to restrict Mythos 5 came after it ordered Anthropic to revoke South Korea-based SK Telecom's access over alleged ties to China

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

Kai Nicol-Schwarz / CNBC:
Intel's stock jumps 5%+ after Trump said “Apple has agreed to work with Intel to design and build its Chips in America”; INTC is up 500%+ in the past year
 
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