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10:20 AM ET, July 6, 2026

Mediagazer

 Top News: 
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
RELATED:
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 …
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.
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.
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.
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.'
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.
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  —  Julian Shapiro-Barnum, best known for a social media series called “Recess Therapy,” has started an online-only late-night show.
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  —  The Ministry of Information and Broadcasting (MIB) issued a notice to Telegram on Saturday, asking the messaging platform …
 
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 More News: 
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
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”
 Earlier Picks: 
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:
Memo: Xbox CEO Asha Sharma says the unit will divest five studios, including Ninja Theory, alongside ~3,200 job cuts, to streamline the business, in a “reset”

Anniek Bao / CNBC:
SemiAnalysis: Nvidia delays its next-gen AI rack system Kyber NVL144 by 12+ months to 2028 due to PCB manufacturing issues, and cancels its NVL72x2 architecture

Akash Sriram / Reuters:
Broadcom agrees to expand its Apple partnership through 2031 to develop and supply custom chips; in 2023, the companies announced a multibillion-dollar 5G deal
 
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