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11:10 AM ET, June 29, 2026

Mediagazer

 Top News: 
Todd Spangler / Variety:
Comcast plans to spin off its media and entertainment assets, including NBCUniversal and Sky, into a new publicly traded entity, set to close by mid-2027  —  Comcast, just months after shedding most of its cable TV business into Versant Media, is now again cleaving itself into two separate companies …
RELATED:
Todd Spangler / Variety:
Mike Cavanagh will become NBCU CEO after the spin off; Comcast co-CEO Brian Roberts says the separation is not designed to pursue M&A deals; CMCSA jumps 9%+  —  Now it's unwinding the media business from the broadband and TV pipes, planning to spin off NBCU and Sky into a stand-alone entity.
Amy Thomson / Bloomberg:
Comcast says NBCUniversal will hold theme parks, Universal studios, NBC, Telemundo, Peacock, Bravo, and Sky; Comcast will hold broadband, wireless, and cable  —  Comcast Corp. said it plans to split its media and technology businesses, spinning off NBCUniversal and Sky into a separate publicly traded company.
New York Times:
Sources: CNN CEO Mark Thompson told Paramount he would not share oversight of CNN with another exec, as David Ellison weighs whether to put Bari Weiss in charge  —  The tech scion David Ellison is close to completing a merger that would put the legacy broadcaster and the 24-hour cable news network under the same roof.
RELATED:
Matthew Belloni / Puck:
Although sources suggest Paramount wouldn't sell CNN to appease state regulators overseeing the WBD deal, it may save the company from a protracted legal battle
Michael Savage / The Guardian:
Sources: BBC told Radio 4's Today staff that social and digital platforms were now the top priority for correspondents, effectively deprioritising TV and radio  —  Staff at Radio 4 show, which has 5 million listeners, told making content for likes of TikTok will take precedence for correspondents
Greg Stohr / Bloomberg:
The Supreme Court rejects Alan Dershowitz's bid to revive a defamation suit accusing CNN of mischaracterizing his remarks during Trump's first impeachment trial  —  Controversial lawyer Alan Dershowitz lost a US Supreme Court bid to revive a defamation suit accusing CNN of mischaracterizing remarks …
Dan Mangan / CNBC:
SCOTUS rejects President Trump's bid to appeal a New York federal court jury's $5M verdict that found he sexually abused and defamed E. Jean Carroll  —  The Supreme Court on Monday said it would not hear an appeal by President Donald Trump of a New York federal court jury's verdict awarding …
The Intercept:
The KIDS Act, set for a US House vote as early as next week, could eliminate online anonymity, raising the risk for journalists, dissidents, and whistleblowers  —  Democrats and Republicans in Congress have struck a deal on a bill they say will help keep children and teens safe online.
Discussion: The Wizard House
Emily Dreyfuss / The San Francisco Standard:
An interview with Brian Stelter about the Murdoch family's moves to boost their political influence in California, including the launch of the California Post  —  There's an old rule in journalism: One occurrence is likely a fluke; two may be a coincidence.  But three?  Three's a story.
Scharon Harding / Ars Technica:
Streaming services must comply with a California law that bans playing ads louder than the content being watched from July 1, but its implementation is unclear  —  On July 1, it will be illegal for streaming platforms to play ads louder than the content being watched in California.
Lucas Shaw / Bloomberg:
A look at AI's potential for animation as Hollywood stays cautious; some animators expect better, not cheaper, films, while others see costs falling 30% to 90%  —  Some animators believe AI will make films better.  Others believe it will bring costs down.  —  Good afternoon from Los Angeles.
 
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 More News: 
Sergiu Gatlan / BleepingComputer:
The US DOJ seizes nearly 400 domains for illegally streaming 2026 FIFA World Cup matches; last week, ACE, UEFA, and more shut down 44 domains linked to PirloTV
Ryan McGrady / The Conversation:
An analysis of 20M blocks of users of English language Wikipedia shows a shrinking number of administrators relying on more-frequent blocks, to raise efficiency
Scharon Harding / Ars Technica:
Netflix has been gradually requiring each profile under a Netflix subscription to use a unique email address; the rule doesn't apply to children's profiles
Nate Raymond / Reuters:
The US federal judiciary plans to temporarily increase PACER fees from $0.10 to $0.12 per page for five years starting January 1, 2027, to fund a system upgrade
 Earlier Picks: 
Christiana Sciaudone / A Media Operator:
Dave Jorgenson's LNI is profitable with 49% of 2025 revenue coming from ads, 21% from consulting, 14% from the newsletter, and plans for a long-form show in Q3
Benoit Berthelot / Bloomberg:
Omnicom's top 150 customers now make up 50% of its revenue, versus 350 clients accounting for that portion prior to its merger with Interpublic
Discussion: Adweek and MediaNews4U
Brian Steinberg / Variety:
MS Now will move away from live shows on weekend evenings, instead using prerecorded video podcasts and expanding use of Crooked Media content, starting June 28
 

 
From Techmeme:

Song Jung-a / Financial Times:
South Korea, Samsung, and SK Hynix say they plan to invest ~$590B to build a new chip complex, including four chipmaking plants and a chip packaging cluster

Kif Leswing / CNBC:
Soaring memory costs are posing existential threats to small electronics makers, amid thin margins, low supply chain leverage, and little room for price hikes

TechCrunch:
SCOTUS limits the law enforcement use of “geofence” warrants, saying people have “a reasonable expectation of privacy” in their cell-phone location data
 
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