Top News:
Katie Kilkenny / The Hollywood Reporter:
SAG-AFTRA's board adopts a resolution to formally resist Paramount's WBD deal unless “enforceable safeguards” are established against a drop in production — The national board of Hollywood's largest union has adopted a resolution to oppose the mega-transaction unless “enforceable safeguards” are put in place.
Discussion:
The Guardian, Deadline, Cosmic Book News, SAG-AFTRA, The Wrap and Cord Cutters News
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Natalie Korach / Status:
Eight antitrust experts assess what Paramount's pause on WBD acquisition means, which side it benefits most, and where the merger is headed over the next year — The pause is the latest update in what is shaping up to be one of the most consequential antitrust trials Hollywood has faced in decades, with the saga far from over.
New York Times:
Sources: Paramount proposed to pause its acquisition of WBD because the company thought going to a trial was the fastest way to complete the $111B deal
Discussion:
Tubefilter, Poynter, Deadline, Hindustan Times, The Ankler, Benzinga, Cord Cutters News and Forbes
Joe Flint / Wall Street Journal:
Paramount's suspension of its WBD acquisition lengthens limits on WBD's ability to pursue asset sales or some content deals and postpones promised cost savings
Paramount's suspension of its WBD acquisition lengthens limits on WBD's ability to pursue asset sales or some content deals and postpones promised cost savings
Discussion:
@profpaulnary, @tvgrimreaper, Los Angeles Times, Bloomberg, Blockonomi, Barron's Online, Broadband TV News, BMI and Radio & Television …
Lillian Rizzo / CNBC:
NBCU and YouTube sign a multiyear deal to add all Peacock content, including the NFL, the NBA, and Universal films, to YouTube Premium in the US from early 2027 — NBCUniversal's Peacock is officially landing on YouTube. — All of the streaming service's content — including NBC Sports' portfolio …
Discussion:
YouTube Official Blog, Spyglass, Sports Business Journal, MediaPost, Nerdist, Forbes, Los Angeles Times, PCMag, Pocket-lint, KTLA, StreamTV Insider, TechCrunch, @jbflint, 80 Level, How-To Geek, Android Authority, @austinkarp, Gizmodo, Digital Trends, Chrome Unboxed, Mashable, @sportsontvguy, @nealmohan, IGN, Android Police, Cord Cutters News, The Daily Upside, Cult of Mac, Neowin, @tvgrimreaper, The Mac Observer, Nick Reid on LinkedIn, Trusted Reviews, Pulse 2.0, @mgsiegler, Engadget, Dexerto, CNET, The US Sun, 9to5Google, Awful Announcing, Streaming Better, Media Play News, NBCUNIVERSAL MEDIA, The Hollywood Reporter, Deadline, Reuters, TheDesk.net, Variety, Thurrott, The A.V. Club, Barrett Media, ScreenRant, The Verge, Finimize, Telecompaper and Droid Life, more at Techmeme »
A.J. Katz / The Wrap:
The Atlantic files to dismiss FBI Director Kash Patel's $250M defamation suit, calling it “politically motivated”, and seeks DOJ records to uphold its reporting — “This lawsuit is meritless and should be dismissed as a matter of law,” Editor-in-Chief Jeffrey Goldberg says
Discussion:
Fox News, The Hill, Bloomberg Law, Mediaite, NewsMax.com, @katie_robertson, Raw Story and Law360
Dominic-Madori Davis / TechCrunch:
London-based European Technology Network, a TBPN-like news show livestreaming 5x per week on YouTube and X, raised a $1.6M seed from Axel Springer and others — The European answer to TBPN is here and ready to go live five days a week, starting June 27. — Luke Knight and Ronan Chambers …
Discussion:
@inversemdia, @elktalkstech, Simon Owens's Media Newsletter, @lukeknight, @etnshow, Sifted, Telegraph and Talking Biz News
Erik Hayden / The Hollywood Reporter:
Memo and SEC filing: BuzzFeed announces plans to lay off ~35% of its employees, or 180 people, across BuzzFeed, HuffPost, and Tasty — The move marks a major restructuring at the Byron Allen-controlled media company. … BuzzFeed, across all its units, had approximately 510 employees prior to the cuts.
Oliver Darcy / Status:
Sources: in rebuilding 60 Minutes, Nick Bilton and Bari Weiss have held numerous screen tests with potential correspondents and are hunting for new senior staff — Last Thursday, “60 Minutes” Executive Producer Nick Bilton arrived at 1600 Pennsylvania Avenue for an important meeting ahead of the newsmagazine's fall season.
Kyle Orland / Ars Technica:
ChatGPT appears to block direct requests to copy an author's style, instead offering to capture the overall “feeling”, amid its legal battles with book authors — OpenAI's ChatGPT is now refusing requests to generate text that directly mimics the style of famous authors.
Discussion:
Fast Company, Android Authority, The Mac Observer, Engadget, RuntimeWire and The Verge, more at Techmeme »
Katie Deighton / Wall Street Journal:
eMarketer: ~45% of US influencer marketing spend will go to those with <20K followers in 2026, up from 19.5% in 2021; 19.9% will go to those with <5K followers — Algorithmic changes have pushed brands to spend more of their influencer budgets on budding creators with tiny followings
Discussion:
PR Daily
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Liz Hoffman / Semafor:
Sources: Bloomberg executives have been having informal, preliminary talks with investment bankers about a potential IPO or other transaction — The Scoop — In the decades since Michael Bloomberg founded his bond-pricing data provider and built it into a media and markets giant …
Tony Maglio / The Hollywood Reporter:
HBO Max is testing HBO Max Shorts, a vertical feed that features trailers, clips, and bonus content from the streamer's library, on iOS in the US — The streamer is not producing original vertical videos — not yet at least — the new mobile feature is simply a discovery tool.
Discussion:
Media Play News
Jeremy Barr / The Guardian:
Former FCC commissioners, lawyers, and advisers issue a filing saying the FCC's ABC early license renewal proceeding is “unprecedented” and a “grave violation” — Ex-officials ask FCC to reject petitions to deny renewal of broadcast licenses for eight stations owned by ABC
Ivan Mehta / TechCrunch:
Fish Audio, which offers AI voice models for creators and enterprises and has $21M in ARR, raised a $50M seed led by Coreline Ventures and Capital Today — The market for AI-generated voice models is massive. Creative use cases require AI voice models to be more expressive …
Discussion:
Unite.AI, RuntimeWire and SiliconANGLE
