An EU court has overturned a decision by the EU's competition watchdog to oppose the merger of O2 and Three, "The Telegraph" reports. The court said several mistakes were made when the decision was made to block the move.

Dentsu Aegis is predicting a 15% to 20% slump in Q2 revenues, "Campaign" reveals.

"Press Gazette" is reporting that Google's efforts to help local news will see grants made to more than 5,300 newsrooms across the globe, including more than 100 in the UK.

Warc is predicting global ad spend will slump 8% this year, according to "Campaign". However, UK ad spend is due to reduce by more than 16%, second only to France's 18.7% decline.

Cinemas are due to open next month if Cineworld is anything to go by. It will be opening up again next month with safety measures in place, "Sky News" confirms.

One in five Brits has signed up to a streaming service during lockdown and half of those new accounts have gone to Disney+, according to "BBC News."

The "Daily Mail" group saw ad revenue plummet 70% in April and May, "The Guardian" reports.

The "Financial Times" and "i" newspapers have been the hardest hit during lockdown. Among a raft of large drops in circulations, the two hardest-hit titles have dropped by 39% and 38% respectively, "The Guardian" reports.

Time is running out to launch a COVID-19 tracing app, NHS leaders are warning the Government, according to "ITV News."

Facebook Shops is rolling out over the next few weeks, allowing businesses to sell via their pages and accounts on Facebook and Instagram, City A.M. reveals.