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8:55 AM ET, July 14, 2026

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 Top News: 
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  —  A coalition of 12 states filed an antitrust lawsuit on Monday to block the merger of Paramount Skydance and Warner Bros. …
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Rohan Goswami / Semafor:
Sources: David Ellison's advisers are urging him to move Paramount's HQ and much of its spending out of California if AG Rob Bonta sues to block the WBD merger  —  The Scoop  —  As California tries to derail Paramount's $110 billion takeover of Warner Bros. Discovery …
Dade Hayes / Deadline:
Paramount says US states' lawsuit “reflects a fundamentally flawed application of the antitrust laws” and the delay “will only harm entertainment workers”  —  Paramount hit back at an antitrust lawsuit filed Monday by attorneys general of 12 states seeking to block …
Variety:
Sources: David Ellison has, for several months, been meeting about a bill to launch a US federal film tax incentive, which is said to have bipartisan support  —  Ellison has spent at least six months in exploratory meetings for the proposed legislation, two sources added …
Ted Johnson / Deadline:
State AGs file a motion for a temporary restraining order and preliminary injunction to pause Paramount's WBD merger, pending the state AGs' antitrust lawsuit
New York Times:
Sources: the White House directed FBI Director Kash Patel to personally oversee the probe into NYT reporting about Air Force One, before subpoenas were issued  —  The F.B.I. director spent about eight hours at the White House Friday focused on the effort, which led to the subpoenaing …
RELATED:
Natalie Korach / Status:
Memo: NYT CEO Meredith Kopit Levien says the five reporters subpoenaed by the DOJ, and the whole newsroom, have the “full weight of The Times” behind them  —  Over the last few days, as The New York Times braces for a potential precedent-setting legal showdown with the Trump administration …
Anna Betts / The Guardian:
Pete Hegseth announces that the DOD and DOJ have created a joint taskforce to identify and prosecute “unauthorized disclosure” of information to the press
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.
RELATED:
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  —  DJ Scott Mills was the highest-paid presenter at the BBC before he was sacked earlier this year, according to the corporation's annual report.
Joe Mandese / MediaPost:
The Media Rating Council's quarterly accreditation status updates show VideoAmp and Nielsen One have pulled out of the accreditation process  —  In moves that have implications for both the “alternative” ad currency marketplace, as well as cross-media measurement, VideoAmp and Nielsen …
Max Goldbart / Deadline:
UK Culture Secretary Lisa Nandy says she backs an expansion of the BBC license fee to include subscribers to streamers, though many ideas remain in play  —  The UK's Culture Secretary has publicly signaled that she backs an expansion of the BBC license fee to include subscribers to streamers like Netflix, Disney+ and Prime Video.
 
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 More News: 
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
Trishla Ostwal / Adweek:
eMarketer: chatbots like ChatGPT and Google AI Mode will generate less than $1B in ad revenue in 2026; OpenAI projected $2.5B in ChatGPT ad revenue this year
 Earlier Picks: 
The Guardian:
Christopher Nolan says there's a “disdain” for AI, the idea that it “replaces” human creativity is “nonsense”, and he expects it to be useful in “imaging tools”
Brooks Barnes / New York Times:
Disney says its live-action Moana was set to collect ~$43M at the Box Office over the weekend, below its $60M goal, and just ~$95M worldwide; Moana cost ~$250M
Gautam Malkani / The Guardian:
The Guardian's tech team share their shoe-leather experiences covering AI data centers, as field investigation becomes increasingly important in tech coverage
 

 
From Techmeme:

Thinking Machines Lab:
Thinking Machines Lab debuts Inkling, an open-weight MoE model with 975B total and 41B active parameters, trained to be broad rather than optimized for one area

Bloomberg:
Source: OnePlus will begin to cease operations in the US and Europe as early as this week and Realme will exit China as part of a restructuring by parent Oppo

Max A. Cherney / Reuters:
ASML says Intel has decided to use ASML's next-gen High NA EUV machines to make some of its flagship Panther Lake laptop chips; a High NA machine costs ~$400M
 
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