Future of TV Briefing: The M&A match game (summer 2026 edition)

This week’s Future of TV Briefing looks at the M&A deals that could should be in the offing after an active first half of 2026.

  • Match game
  • Paramount-WBD’s opposition, Netflix’s live TV play, Disney+’s free tier plans and more

Match game

Remember the merger-mania period of the late 2010s? Disney-20th Century Fox. Discovery-Scripps. AT&T-Time Warner. Viacom-CBS. Televisa-Univision. Well, the mid-2020s are starting to feel like that. 

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Reddit questions if AI data deals could hurt its ad business

Reddit execs are “intensely debating” whether feeding ChatGPT is eating its own ad business.

At Cannes, a top Reddit advertising executive admitted something the company has mostly avoided saying out loud: it doesn’t yet know whether selling its community data to train ChatGPT and Gemini is undercutting the very data advantage its own ad-targeting business is built on.

“It’s definitely something that we’re intensely debating,” said Reddit’s evp ads monetization, Roelof van Zwol, when asked directly whether Reddit’s content-licensing deals with OpenAI and Google compete with its advertising business — a business increasingly sold to marketers on the premise that Reddit’s community conversations offer targeting signal no other platform can replicate.

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