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5:45 PM ET, June 25, 2022

Mediagazer

 Top News: 
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 …
Sports Business Journal:
Sources: F1 renews its ESPN US media rights deal through 2025, rejecting Amazon and Comcast, for around $75M-$90M per year, up from the current $5M per 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 …
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 …
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.
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.
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
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.
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
 
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 More News: 
Marcela Valdes / New York Times:
US book publishing has had waves, and retreats, of fostering Black audiences; many cheer a new wave of diverse hires and books, but don't trust it will last
 Earlier Picks: 
Politico:
Books by Kellyanne Conway, Bill Barr, and other Trump administration aides are underperforming as they don't have news nuggets and don't appeal to MAGA circles