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10:40 AM ET, June 24, 2026

Mediagazer

 Top News: 
Max Tani / Semafor:
Documents: The Daily Wire, founded by conservative podcaster Ben Shapiro in 2015, seeks to raise at least $100M in a round that would value the company at $750M  —  The Scoop  —  The Daily Wire, one of the biggest players in conservative media, is in talks to take on at least $100 million in investment …
Daniel Thomas / Financial Times:
An interview with Bob Iger on stepping down as Disney's CEO, his legacy, new CEO Josh D'Amaro, Bob Chapek, Apple, Disney+, purchasing Pixar, AI, and more  —  For two decades, Hollywood's most indispensable executive has been synonymous with Disney.  Can he really tear himself away?
Matthew Keys / TheDesk.net:
Source: iHeartMedia has begun a new round of layoffs affecting dozens of workers in its local radio broadcasting units as part of a broader restructuring  —  iHeartMedia has begun a new round of layoffs affecting dozens of workers in its local radio broadcasting units, The Desk has learned.
Jake Kanter / Deadline:
Source: the BBC plans a pilot program to live stream its 24-hour rolling news channel on YouTube in some international markets, including Australia  —  Deadline understands that the BBC is planning to make the 24-hour rolling news channel available on YouTube in select countries outside of the UK.
Discussion: @davelee.me and Newsbusters
Alyssa Mercante / Digiday:
Forbes unveils Forbes Creator, which uses TikTok, Instagram, and events to push video-led coverage fronted by six creators, with flexible, case-by-case payments  —  Forbes is testing a creator-led audience play that puts TikTok and Instagram talent at the front of its off-platform push.
Discussion: MediaPost, Forbes and Daily Star
Jose Alejandro Bastidas / The Wrap:
A look at the declining representation of LGBTQ+ characters on TV, as smaller audiences and slow growth pressure execs to cater to “safer” mainstream audiences  —  The loss of high-profile queer characters on TV is a troubling sign, but surprise hits like “Heated Rivalry” offer a glimmer of hope
Discussion: The Guardian
Hillel Aron / Courthouse News Service:
YouTube settles a lawsuit ahead of a second California trial over social media harms to minors; Meta, TikTok, and Snap remain defendants  —  The case will now pit a 15-year-old Black teen against tech giants Meta, TikTok and Snap.  —  LOS ANGELES (CN) — YouTube and its parent company Google …
Amy Ross Arguedas / Nieman Lab:
Digital News Report: 10% of people across 48 markets use AI chatbots for news weekly, up from 7% in 2025; the most common use was asking questions about a story  —  Countries where people already rely more heavily on search engines, social and video networks, and aggregators for news also tend …
Brooks Barnes / New York Times:
How CAA is repositioning its marginal creator division to an urgent bet as it signs big names, poaches creator-focused agents, and attends Cannes Lions  —  Trisha Paytas, a digital star, is part of CAA's growing roster of creators.Michelle Groskopf for The New York Times
Perry Stein / Washington Post:
Source: the US DOJ sought to force WaPo and WSJ reporters to testify before a grand jury but withdrew the subpoenas this month after the outlets challenged them  —  Subpoenas for reporters to appear before a grand jury are exceedingly rare.  The journalists have not testified.  —  Summary
 
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 More News: 
Joshua Benton / Nieman Lab:
A UK report on the plan to require social platforms to prominently show “trustworthy news” acknowledges that criteria for trustworthiness are yet to be defined
Sarah Nassauer / Wall Street Journal:
Walmart acquires Paris-based Vibe.co, which lets businesses create and buy ads on CTVs, sources say for $1.4B, as it competes with Amazon for ad revenue
 Earlier Picks: 
Juro Osawa / The Information:
ByteDance unveils Seedance 2.5, saying the AI video model can generate up to 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0
John Koblin / New York Times:
Netflix orders a spinoff of Hot Ones, the hit YouTube series hosted by Sean Evans, titled Hot Ones: Extra Heat, set to stream after major live sporting events
Meredith Klein / Meredith & The Media:
Q&A with Brian Steinberg, senior TV editor at Variety, on covering the business of advertising, media, and TV, how the role of journalism has changed, and more
 

 
From Techmeme:

OpenAI:
OpenAI and Broadcom unveil Jalapeño, an LLM-optimized inference chip developed from design to manufacturing tape-out in nine months, aided by OpenAI's models

Lauren Goode / Wired:
Qualcomm says it will acquire Modular, which builds a chip software platform and has a proprietary coding language, in a nearly $4B deal set to close in H2 2026

Stevie Bonifield / The Verge:
Rockstar sets the release date for GTA VI for November 19 and says it will cost $79.99, or $99.99 for the Ultimate Edition; preorders start at midnight tonight
 
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