Business
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Disney and Charter Strike Deal to Add Hulu and Restore Axed Cable Channels to Spectrum
The surprise move restores Disney Jr., Disney XD and more to the channel lineup
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DirecTV, Paramount Strike Content Licensing Deal for Skinny Bundle Offerings
The satellite TV giant is also launching a new $19.99 per month kids-focused bundle
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Why a Half-a-Trillion-Dollar Creator Economy Is Just the Beginning
As creators become more entrepreneurial, advertisers look to up their spending next year on digital on the heels of Cannes Lions
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Creatorverse
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Trump-CBS Mediator Proposes $20 Million Settlement in Legal Battle | Report
The potential settlement would include a $17 million donation to Trump’s presidential foundation or museum
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Disney Cuts Staff in Product and Technology Division
The entertainment giant’s latest layoffs impact less than 2% of the team led by chief product and technology officer Adam Smith
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Netflix Should Invest in High-Value, Short-Form Content and Exclusive Creator Deals, Analyst Says
Wells Fargo’s Steve Cahall says move would add subscribers, drive engagement, boost ads and better compete with YouTube and social media
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Verizon to Stop Selling New +Play Subscriptions in July
The telecommunications giant is shifting focus to its myHome and myPlan offerings
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ESPN Renews Media Rights Deal With Premier Lacrosse League
The sports network will also take a minority equity stake in the organization
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BET Sets Layoffs as Part of Paramount’s 3.5% Reduction to US Staff
The job cuts will impact staffers “in areas including linear research, finance, and business and legal affairs,” BET CEO Scott Mills shares in a memo
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How Netflix’s Landmark TF1 Deal in France Sets the Stage for a New Streaming-Linear TV Model
The streamer’s shift from “anti-cable” disrupter to a linear TV aggregator could create a new template for distribution deals overseas — but don’t expect the same in the U.S. anytime soon
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TV
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Netflix Appoints Ellie Mertz to Board of Directors, Rejects Jay Hoag’s Resignation
Mertz returns to Netflix after previously serving as its finance VP while Hoag stays as lead independent director
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Faith-Based Studio Wonder Project to Launch Prime Video Streaming Service
The offering will be available for an $8.99 monthly subscription
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YouTube Leads TV Viewing for 4th Consecutive Month With 12.5% Share in May
But Warner Bros. Discovery and Fox had the month’s largest gains thanks to the NBA Playoffs, NASCAR and Tubi’s growth, according to Nielsen
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Ratings
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CBS Blasts Trump’s $20 Billion Lawsuit as ‘Meritless’ Attempt to ‘Evade Bedrock First Amendment Principles’
In a new court filing, the network argues that its “60 Minutes” Kamala Harris interview is “fully protected editorial speech”
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FTC Clears Omnicom-IPG Merger, but Restricts Ad Boycotts Based on ‘Political or Ideological Viewpoints’
The $13.5 billion deal is expected to close in the second half of 2025
