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John Koblin / New York Times: Nielsen: in May, Americans watched more TV on streaming than on cable and broadcast networks combined, the first time streaming was king of TV over a full month -
Kayla Cobb / The Wrap: Tubi says it crossed 100M monthly users in May and accounted for 1B hours of total TV viewership time; Nielsen: Tubi accounted for 2.2% of total TV viewership -
Eric Newcomer / Newcomer: Sources: Substack is pitching investors on a round between $50M and $100M that would value it above its ~$700M last round price, and is generating ~$45M in ARR -
CNN: Mario Guevara, an El Salvador-born journalist who covers immigration raids, may face deportation after his arrest while covering No Kings protests in Atlanta -
Jennifer Maas / Variety: Warner Bros. Games restructures its operations into teams based on its four key franchises: Harry Potter, Game of Thrones, Mortal Kombat, and the DC Universe -
Ted Johnson / Deadline: The US Senate confirms Olivia Trusty to the FCC, giving Republicans a 2-1 majority after the recent departures of two members -
Aisha Malik / TechCrunch: Facebook renames its Videos tab as the Reels tab and says all videos on its platform will soon be shared as reels, regardless of their length or orientation -
Brian Steinberg / Variety: Politico ramps up its podcast investments, aiming to compete with broadcasters through video podcasts on YouTube, including by launching Sunday talk shows -
Jay Peters / The Verge: The Atlantic launches a new games hub, available on the web and in the app, featuring a mix of already available games, as well as some new puzzles -
Kerry Flynn / Axios: Candle Media co-CEO Kevin Mayer says Candle plans to sell or IPO its individual brands rather than the overall company, marking a shift from its original plan -
Emma Roth / The Verge: Max, soon to be called HBO Max, says it is working on an AI tool that will identify “standout” scenes from its shows and movies to play as video previews -
Wendy Lee / Los Angeles Times: Netflix says Netflix House, its in-person experience offering interactive activities, will open in Philadelphia and Dallas in late 2025 and in Las Vegas in 2027