Top News:
Sports Business Journal:
Sources: F1 renews a deal giving ESPN US media rights through 2025, rejecting Amazon and Comcast, for around $75M-$90M/year, up from the current $5M/year — F1 has agreed to renew its rights deal with ESPN through 2025, sources told SBJ. The three-year deal still doesn't have a signed contract …
Discussion:
@ourand_sbj, @ourand_sbj, @loudmouthjulia, @pkafka, @a_s12, @loudmouthjulia, @champwebdotnet, @trengriffin, @thatnickjones, @tonydizinno, @davidperel, @edsbs, Benzinga, The Spun, Awful Announcing, Forbes, Deadline, Bloomberg and Next TV
Seth Smalley / Poynter:
YouTube faces criticism for a failure to enforce quality standards, a lack of communication, and more during an International Fact-Checking Network conference — The tech giant has been under particular scrutiny since the international fact-checking community sent a critical open letter to its CEO in January
Discussion:
Reclaim The Net, @poynter, @poynter, MediaPost and icfj.org
Davey Alba / Bloomberg:
Source: in February, Meta started an official internal process to shut down CrowdTangle, but paused the plan as the EU's Digital Services Act gained traction — On May 17, as several states held their primary elections, Jesse Littlewood searched the internet using a tool called CrowdTangle …
Discussion:
@rebekahktromble, @haleybragg17, @jesselehrich, The Checklist, @dangillmor, @sylviavarnham, @ciaranoconnor, @ciaranoconnor, @sanjanah, @_maargentino, @dellcam, @shayan86, @daveyalba, @tsgiles, @daveyalba, @daveyalba, @domdelport, @allisonlcarter, @adriana_lacy, @elisethoma5, Waivly, CNET and The Verge
Jon Allsop / Columbia Journalism Review:
A look at Chris Licht's political ties and early moves as CNN chairman and CEO, as the longtime ratings obsessive tries to position CNN as above partisanship — In 2010, Chris Licht, then the executive producer of MSNBC's Morning Joe, suffered a brain aneurysm and, as he later put it in a memoir …
Adam Johnson / The Column:
When police departments invite local news to report on training simulations, it is a PR tool to convince the reporters that use of force is inevitable — Technology that allegedly “trains” officers for “split-second” “life or death” decisions is far more about P.R. than preventing violence.
Discussion:
@drriley_writes, @adamjohnsonnyc and @adamjohnsonnyc
Jill Goldsmith / Deadline:
PwC M&A survey for media and telecom: deals for the 12 months ending May 15 totaled 1,014, up 28% YoY, with a record value of $469B, but the pace has slowed — Media and telecom M&A activity was lively in the first half of 2022 with deals for the 12 months ending May 15 totaling 1,014 …
ITV News:
Channel 4 announces it will broadcast a documentary made by Alison Millar about Lyra McKee, who was shot dead while observing riots in Northern Ireland in 2019 — Channel 4 has announced a film about the life and death of “trailblazing” investigative journalist Lyra McKee - who was shot dead in 2019 in Londonderry.
Discussion:
The Irish Sun, @niscreen, @luighseach, @hotpress and Metro.co.uk
Zheping Huang / Bloomberg:
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023 — Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.
Discussion:
@joshuatopolsky, @carolndosi, @ericjackson, The New, @mattnavarra, Techdirt, @hancocktom, @coreybehnke, @niemanlab, @sportstvratings, @alexweprin, Insider and Vox, more at Techmeme »
Washington Post:
A look at the techniques used in the live broadcasts presenting the House January 6 committee's evidence, produced by former ABC News president James Goldston — The panel probing the Capitol attack is trying to turn its investigative grind into must-see television
Discussion:
@emilybell, The Hill, @ebboyd, @ebboyd, @ebboyd, @ebboyd, @ebboyd, @washingtonpost, @oliverdarcy, The Week, @ericuman, NPR, Vanity Fair, TMZ.com, CBS News and The Guardian
Filipe Espósito / 9to5Mac:
Apple quietly raised the prices for the Apple Music student plan, from $4.99 to $5.99 per month in the US and Canada and from £4.99 to £5.99 per month in the UK — Apple last month quietly raised the price of the Apple Music student plan in several countries such as South Africa …
Discussion:
The Verge, Engadget, TechCrunch, XDA Developers, MacRumors and AppleInsider
Variety:
Netflix lays off roughly 300 people out of its ~11,000 global employees, with the bulk of the jobs lost in the US, after initial job cuts of 150+ in May 2022 — Layoffs have hit Netflix again, with the streamer letting go of roughly 300 staffers on Thursday, Variety has learned exclusively.
Discussion:
Hollywood Reporter, Bulwark Goes to Hollywood, @lucas_shaw, The Information, Insider, @scottemovienerd, MediaPost, @brookeobie, @shanellegenai, @lucas_shaw, @phil_lewis_, @loudmouthjulia, The Desk, Deadline, The Verge, The A.V. Club, Tubefilter, Too Much TV Newsletter, The Guardian, TheStreet, Fast Company, Engadget, The Streamable, Reuters, New York Post, Slashdot, Los Angeles Times, IndieWire, Bloomberg, The Wrap and Media Play News
RELATED:
Patience Haggin / Wall Street Journal:
Ted Sarandos confirms Netflix is talking with potential partners to help launch an ad-supported tier and says the company might build its own ad business later
Discussion:
Vanity Fair, Light Reading, Engadget, Variety, The Verge, The Streamable, Hollywood Reporter, 9to5Mac, UPROXX, MacRumors and Wall Street Journal
Brian Steinberg / Variety:
Fox Nation quietly starts running commercials; EVP says they are “very rare,” for “major partnerships,” and consist of billboards at the bottom of the screen — Streaming outlet Fox Nation is already running the commercials its larger rivals say they want to sell.
Discussion:
@norriejam
Michael Stahl / TVNewsCheck:
Sources: a staff exodus at Altice's News 12 New Jersey, serving seven Tri-State markets, is due to a toxic workplace and sponsored content overtaking local news — Mass resignations have rocked the editorial staff at News 12 New Jersey. According to three sources close to the situation …
Discussion:
Adweek, @matthewkeyslive, @tvnewscheck and @michaelrstahl
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