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.
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, @ashleylcarter1, @blowryontv, @kairyssdal, @brentalang, @russpitts, @jasonabbruzzese, @davidclinchnews, @jpanzar, @evargastv, @eva_palmer, @ksheekey, @amy_disneypr, @cityofthetown, @adamnagourney, @natjarv, @shelbygrad, @mattdpearce, @billzanetti, @lucas_shaw and @richarddeitsch
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, The Hill, @levinejonathan, @lucasgrindley, @stuartpstevens, @dylanbyers, @ckrewson, @dylanbyers and @karavoght
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
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, @awallenstein, @sizpatel and Business Wire
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, Beet.TV, MediaPost, Adweek, @billwise, @flashtalking, @joshsternberg and AdExchanger
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, Talking Biz News, @matthewkassel, @meghann and @lydiadepillis
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
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 …
Discussion:
/Film, Too Much TV Newsletter, @brentalang, Deadline, Cord Cutters News, Reuters, @evergreen_cap, The Streamable and @jerrycap
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
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:
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