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1:40 PM ET, July 6, 2026

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 Top News: 
The Hollywood Reporter:
The Sky-ITV deal raises questions about US ownership of the UK's largest commercially funded free-to-air network and a key part of its cultural landscape  —  The acquisition — which will combine the U.K.'s biggest free-to-air commercial networks with its biggest pay-TV network …
RELATED:
Daniel Thomas / Financial Times:
Sky agrees to acquire ITV's TV business for £1.6B, uniting the UK's two largest commercial broadcasters; ITV says shareholders will receive £950M from the deal  —  Combination will leave US media group Comcast in control of a broadcaster that reaches 21mn households
Deadline:
Sky strikes a £2.1B output deal with ITV Studios, ITV's production arm, until 2032; ITV Studios is not part of Sky's deal to acquire ITV's TV network  —  Sky has finally sealed a £1.6 billion ($2.1 billion) deal to acquire ITV's television network operations.
Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits  —  Netflix's biggest hits are losing more than half of their audience after one season  —  Good afternoon from Los Angeles.
Max Tani / Semafor:
Analysis: ABC's The View hasn't featured a single candidate running in a competitive midterm race since the FCC launched an “equal time” rule probe in February  —  THE SCOOP  —  The Federal Communications Commission has already changed the programming of one of television's …
Jeremy Barr / The Guardian:
A group of prominent conservative organizations petitions the FCC to deny license renewal requests from the eight local TV stations owned and operated by ABC  —  Prominent organizations accuse network of political, racial and sexual bias and supporting Chinese communist party
Alice Brooker / Press Gazette:
UK left-wing news site The Canary suspends its national weekday print newspaper after two weeks, saying Lloyds closed its bank account and withheld funds  —  The Canary has reportedly suspended its national weekday print newspaper amid accusations of Lloyds closing its bank account and withholding funds.
Tim Donnelly / The New York Groove:
Why some staffers at Schneps Media want a union: low pay leads to high turnover and a loss of institutional knowledge at the chain of local newspapers in NYC  —  Turnover is high at the city's largest newspaper chain: 'There's not much in the way of institutional knowledge.'
Alex Weprin / The Hollywood Reporter:
Versant agrees to acquire Full Swing, a sports tech company best known for its advanced golf simulators, tracking, and analytics software for $530M in cash  —  The tech company, best known for its advanced golf simulators, will expand the Golf Channel owner's presence in the tech and analytics space.
Olivia Carville / Bloomberg:
A profile of Kaley Glenn-Mills, the plaintiff in K.G.M. v. Meta et al., who was awarded $6M in damages in a landmark LA jury trial over social media addiction  —  Kaley Glenn-Mills' lawsuit reshaped the fight to protect children from social media.  She says she still can't stop scrolling.
 
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 More News: 
Sejal Sharma / Hindustan Times:
India issues a notice to Telegram, asking it to curb the spread of pirated films and other copyrighted content, and seeks an action-taken report within 15 days
John Koblin / New York Times:
A look at Outside Tonight, a YouTube-based late-night talk show from Julian Shapiro-Barnum, who hosted the successful web series Recess Therapy
Gene Maddaus / Variety:
Midjourney wants Disney, Universal, and Warner Bros. to reveal in court how they use AI across their companies; studios sued Midjourney in 2025 for infringement
 Earlier Picks: 
Peter Walker / The Guardian:
UK Culture Secretary Lisa Nandy says she and her department will stop using X because the site favors “abuse and misinformation over meaningful debate”
Foo Yun Chee / Reuters:
The EU antitrust watchdog hits Vivendi with additional charges for its 2023 Lagardere purchase, saying Vivendi made the deal before getting approval
Matthew Weaver / The Guardian:
Three men have been found not guilty of murdering the journalist Lyra McKee in 2019; the New IRA claimed responsibility for the killing
 

 
From Techmeme:

Bloomberg:
Microsoft's Xbox unit plans to cut 3,200 jobs over the next year, including 1,600 on Monday, and divest up to five studios, including Ninja Theory, in a “reset”

Anthropic:
Anthropic researchers detail J-space, a small set of neural patterns in Claude that reveals internal thoughts that don't appear in the model's output

Reuters:
SK Hynix launches a US share sale on the Nasdaq to raise ~$28B, selling 17.79M new shares; the final listing price is due Thursday before trading starts Friday
 
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