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Mediagazer: WPP reports Q1 revenue down 6.6% YoY to £3.3B and revenue less pass-through costs down 8.9% to £2.3B, its ninth quarter of decline (Rebecca Stewart/Adweek)
Oil Burden & US Recessions: The 4%-of-GDP Threshold
Claire's: What went wrong for the accessories chain
Spain positions itself as economic 'safe haven' in the face of geopolitical tensions
Mediagazer: Bertelsmann agrees to combine BMG with Concord in a cash-and-stock deal giving it a 67% stake; Concord shareholders will receive a 33% stake and $1.16B in cash (Reuters)
Mediagazer: Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions (New York Times)
UAE leaves OPEC and OPEC+ in major blow to global oil producers' group
United Arab Emirates to quit oil cartel Opec
Mediagazer: TelevisaUnivision reports Q1 revenue up 5% YoY to $1.1B and operating expenses up 11% to $752M, driven by costs tied to its Winter Olympics broadcasts in Mexico (Brian Steinberg
Mediagazer: Google launches Ask YouTube, a conversational AI search “experiment” that generates pages with videos and text summaries, for Premium users in the US aged 18+ (Jay Peters
Coca-Cola tops estimates, raises earnings outlook as global beverage demand rises
Mediagazer: The Ankler is moving from Substack to a new platform with its own site and subscription infrastructure, powered by Automattic and Ben Thompson's Passport (The Ankler)
Trump pursues new import taxes to replace the tariffs the Supreme Court rejected
'Emergency handbrake' needed on sickness benefits, says Tony Blair think tank
Mediagazer: Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong” (The Guardian)
Mediagazer: Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income (Ashley Carman
Visa Q2 2026 Earnings Preview: 4 Signals That Will Move V Stock
Prada launches 'Made in India' Kolhapuri sandals after cultural appropriation backlash
Mediagazer: A look at the rise of micro-dramas, minute-long serialized soap operas, in China, and why they may be TV's next frontier as Hollywood studios enter the space (Chang Che/New Yorker)
BP profits more than double as Iran war sends oil prices higher
Paramount-Warner Bros. Discovery Will Be 38.5% Owned by Middle Eastern Funds Following Close: Filing
Mediagazer: Regal Cinemas charged $50 for opening-night tickets to Dune: Part Three in premium formats, as the industry adopts airline-style audience segmentation (Ben Fritz/Wall Street Journal)
Farm Bankruptcies Continued to Climb in 2025
Mediagazer: Sources: Axel Springer and Politico execs met with staff after a letter from employees accused Mathias Döpfner of using Politico to promote his political agenda (Max Tani
Goldman Sachs Raises Oil Price Forecast Yet Again
Trump administration to pay 2 more companies to walk away from US offshore wind leases
China blocks Meta’s $2 billion acquisition of AI startup Manus
'Repairs will take years': Nobel economist tears apart Trump for 'dismantling' the world
Trump pulled the plug on Biden’s funds for Appalachia, and the same MAGA towns he gutted are freaking out: "This is fucked up"
China warns EU over ‘Made in Europe’ plan, vows countermeasures
Why Spotify has no button to filter out AI music
'I had £20,000 stolen and had to fight a 13-month fraud reporting rule to get it back'
Domino's Pizza stock falls on disappointing sales — and CEO thinks more chains will follow
Mediagazer: Filing: Paramount says the merged Paramount-WBD will be 49.5% owned by foreign investors, with about 38.5% of the equity held by a trio of Middle Eastern funds (Todd Spangler/Variety)
The Macroeconomic Effects of Tariffs: Insights from 180 Years of U.S. Trade Policy
Mediagazer: How sanitised biopics became a Hollywood staple, as studios and estates of celebrities seek to monetize fan nostalgia; Michael is expected to earn more than $1B (Catherine Shoard
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