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3:25 PM ET, July 14, 2026

Mediagazer

 Top News: 
Naman Ramachandran / Variety:
BBC DG Matt Brittin says the BBC and UK public service broadcasting face “real jeopardy” as license fee erosion drives BBC's third consecutive annual deficit  —  The BBC closed out a year that included its most-watched title in “The Celebrity Traitors” and its best drama debut in three years with …
Discussion: Variety
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Max Goldbart / Deadline:
The BBC reports license fee payers fell 539K YoY to 23.3M in 2025-26, the biggest fall since 2020-21; license fee income rose £36M to £3.9B after the fee uplift  —  The number of households paying the BBC license fee plummeted last year at a time when the corporation is desperately seeking a revamp of its funding model.
Naman Ramachandran / Variety:
BBC Commercial reports 2025-26 revenue flat YoY at £2.2B, EBITDA up 17% to £267M, £377M returned to BBC, down from £391M; DTC and consumer products drove growth  —  BBC Commercial increased EBITDA by 17% to £267 million ($357.1 million) in the 2025/26 financial year …
Steven McIntosh / BBC:
Scott Mills was the highest-paid BBC presenter in 2025-26, earning ~£745K before his exit in March, followed by Greg James, Stephen Nolan, and Laura Kuenssberg
Robert D. McFadden / New York Times:
Pulitzer-winning political cartoonist Pat Oliphant, 90, has died in Santa Fe, NM; at the height of his career, he was syndicated in as many as 500 newspapers  —  The winner of countless awards, including a Pulitzer Prize, he was described in 1990 as “the most influential political cartoonist now working.”
Lillian Rizzo / CNBC:
Paramount's lead trial counsel says the company is still aiming to close the WBD deal by the end of September and is prepared to bring the case to SCOTUS  —  Paramount Skydance is still aiming to close its proposed acquisition of Warner Bros. Discovery by the end of September despite …
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Gene Maddaus / Variety:
A coalition of 12 US states led by California files an antitrust lawsuit to block Paramount's WBD merger, alleging it lessens competition in three markets
Washington Post:
A look at State Affairs, whose statehouse coverage is used to train LLMs powering a Bloomberg Terminal-like product; it's raised $70M and has 76 editorial staff  —  State Affairs combines media and technology at a time when tensions between the two industries are at a fever pitch.  —  Summary
Reuters:
Thomson Reuters says it is cutting “a small number of” engineering roles; a source says it plans to cut up to 500 jobs, or 5.2% of its operations and tech unit  —  Thomson Reuters (TRI.TO) on Monday said it is cutting “a small number of roles” in engineering …
Steve Dent / Engadget:
Spotify launches Talk to Spotify, letting users create playlists and more via voice, rolling out in beta to Premium users age 18+ in the US, Ireland, and Sweden  —  The new beta feature works from the Home or Now Playing views on mobile.  —  Spotify already uses a lot of AI (too much some might say) …
Scott Roxborough / The Hollywood Reporter:
RoseBerry Media launches vertical streamer Epis, featuring originals and versions of BBC, Fremantle, and All3Media shows adapted for vertical viewing  —  The premium mobile-first streamer is launching with more than 100 titles, including adapted versions of Fremantle, BBC and All3Media formats.
A.J. Katz / The Wrap:
Hachette, Elsevier, Cengage Learning, and author Scott Turow sue Google for allegedly using millions of copyrighted books and articles to build AI models  —  Publishers claim the tech giant used millions of copyrighted works without permission to build its Gemini artificial intelligence models
 
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 More News: 
Trishla Ostwal / Adweek:
eMarketer: chatbots like ChatGPT and Google AI Mode will make <$1B in ad revenue in 2026; OpenAI projected $2.5B in ChatGPT ad revenue in 2026 and $100B by 2030
 Earlier Picks: 
Joe Mandese / MediaPost:
The Media Rating Council's quarterly accreditation status updates show VideoAmp and Nielsen One have pulled out of the accreditation process
 

 
From Techmeme:

Demis Hassabis:
Demis Hassabis proposes a US-based Standards Body for “Frontier-class” AI, modeled after FINRA; labs would share models for review up to 30 days before release

Amy Thomson / Bloomberg:
IBM reports preliminary Q2 revenue up 1% YoY to $17.2B, below $17.9B est., as CEO Arvind Krishna says customers are shifting spending to chips; IBM falls 25%

Mark Gurman / Bloomberg:
Sources: OpenAI's first device will be a moveable, screen-free smart speaker with a camera and sensors, meant to serve as a humanlike AI companion
 
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