Top News:
Cynthia Littleton / Variety:
Emmy nominations: HBO and HBO Max gets 130, followed by 129 for Netflix and 71 for Disney+; NBC is the fourth most-nominated with only 46 nods — Netflix and the expanded world of HBO and HBO Max made it a duel this year in race to gather the most Primetime Emmy nominations overall.
Discussion:
The Wrap, /Film, Variety, The Streamable, Variety, The Wrap, Mediaite, The Wrap, MediaPost, Variety, Variety, /Film, Observer, Los Angeles Times, Fast Company, @variety, @kerrywashington, IndieWire, New York Post, @debramessing, @bluestein and Adweek
Brooks Barnes / New York Times:
Profile of Disney's powerful chief communications officer for 19 years, Zenia B. Mucha, who will leave in 2022; she was paid $4.9M in total 2020 compensation — For almost two decades, Zenia B. Mucha has been responsible for protecting the vaunted Disney brand and has held influence far beyond her official duties.
Discussion:
@brooksbarnesnyt, Variety, Deadline, Los Angeles Times, The Wrap, @motormouthmedia, @dylanbyers, @jpanzar, @ashleylcarter1, @jasonabbruzzese, @blowryontv, @lucas_shaw, @evargastv, @ksheekey, @adamnagourney, @cityofthetown, @amy_disneypr, @kairyssdal, @natjarv, @richarddeitsch, @brentalang, @davidclinchnews, @russpitts, @eva_palmer, @shelbygrad, @mattdpearce and @billzanetti
Dylan Byers / NBC News:
Sources: in an employee meeting, Atlantic CEO said the magazine lost $20M+ in 2020, was on track to lose $10M this year, and would turn a small profit in 2023 — Nicholas Thompson, the chief executive of The Atlantic, gave a presentation to employees last month in which he disclosed …
Discussion:
Mediaite, @jeremymbarr, @levinejonathan, @lucasgrindley, @jacobkornbluh, @stuartpstevens, @dylanbyers, @tedgioia, @ckrewson, @perlberg, @dylanbyers, @karavoght and The Hill
Gaspard Sebag / Bloomberg:
France fines Google $593M for failing to comply with a 2020 order to negotiate in good faith with publishers for displaying article snippets in Google News — - Tech giant penalized for not agreeing deal with publishers — Fine is the second biggest French antitrust penalty so far
Discussion:
Reuters, BBC, Axios, CNBC, TechCrunch, New York Times, @benedictevans, @wallaceme, @dangillmor, @artjonak, Plagiarism Today, @benedictevans, @agenttinsley, New York Post, Fortt Knox, @jeffjarvis, @filloux, Beyond Search, Associated Press, Wall Street Journal, The Wrap and Insider, more at Techmeme »
The Information:
Sources: LeBron James' entertainment business, SpringHill Company, is exploring a sale at a valuation that could reach $750M, and Nike is considering an offer — NBA superstar LeBron James' entertainment firm, SpringHill Company, is exploring a possible sale at a valuation that could reach $750 million …
Discussion:
The Wrap, @aagave, @lionelmedia, @awallenstein, @lucas_shaw, @sizpatel and Business Wire
Sara Fischer / Axios:
The Observer plans a relaunch in the coming months with a new EIC, Meg Marco, formerly of ProPublica; the outlet has a staff of 10 and wants to hire eight more — The digital-only company is looking to hire around 8 people this year.
Discussion:
OBSERVER MEDIA, @matthewkassel, @meghann, @jeffjarvis, @lydiadepillis and Talking Biz News
Alexandra Bruell / Wall Street Journal:
Mediaocean, known for its ad-agency billing technology, buys adtech company Flashtalking for $500M as, sources say, it prepares for an IPO next year — Flashtalking, known for its ad server, is the latest in a string of Mediaocean acquisitions aimed at enhancing its digital ad technology
Discussion:
Mediaocean, MediaPost, Adweek, @billwise, @flashtalking, @joshsternberg, AdExchanger and Beet.TV
Brent Lang / Variety:
Netflix and Universal extend a deal giving Netflix exclusive rights in the US to Universal Filmed Entertainment Group's animated films after 4 months on Peacock — Netflix and Universal Filmed Entertainment Group are extending an agreement that will give the streaming giant exclusive rights …
Matt Donnelly / Variety:
Sources: indie film and TV studio A24 recently explored a sale, floating an asking price of $2.5B-$3B; Apple was among the companies that talked with the studio — A24 recently explored a possible sale, with the indie film studio floating an asking price of between $2.5 billion to $3 billion.
Discussion:
@jessehawken, @labuzamovies, @moderngurlzz, @variety, @variety and 9to5Mac
Alex Sherman / CNBC:
A look at the different approaches that NYT, FT, WSJ, Bloomberg, USA Today, and Vox Media are taking to decide how employees will come back to the office — - News organizations have generally navigated pandemic life successfully as employees have figured out how to do their jobs remotely.
Discussion:
@risj_oxford, @guildatbig and bookforum.com
Lesley Goldberg / Hollywood Reporter:
Sources: Netflix is turning to live events, like the Bridgerton Ball in London, video games, and merchandising to complement subscriber revenue and engage fans — Sources say the streaming giant wants to work directly with creators on live events that will, in success, provide new revenue streams as subscriber growth slows.
Discussion:
@thr
Sara Fischer / Axios:
Insider names Barbara Peng as president; since 2017, Peng has been president of its research arm Insider Intelligence, which the CEO says is a $60M+ business — The company today has more than 500 journalists globally.
Discussion:
Talking Biz News and @nichcarlson