Mediagazer: To cut costs, HBO will cease producing HBO Max originals in the Nordics, Central Europe, the Netherlands, and Turkey and will also remove some HBO Max content (Manori Ravindran/Variety)

9:20 AM ET, July 5, 2022

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Manori Ravindran / Variety:

To cut costs, HBO will cease producing HBO Max originals in the Nordics, Central Europe, the Netherlands, and Turkey and will also remove some HBO Max content — As the media conglomerate looks to recalibrate its streaming priorities, it will no longer produce originals in the Nordics …

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Foo Yun Chee / Reuters:

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Digital ad and linear TV ad spending by the top crypto advertisers in the US plummeted in the last few months amid a sharp decline in crypto markets — Don't expect to see many crypto ads for a minute. The companies behind them are trimming down costs wherever they can, including advertising.

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Reuters:

French music streamer Deezer goes public via SPAC on the Euronext stock exchange, opening at €8.50/share before dropping ~27% to around €6.50 — Shares of French music-streaming platform Deezer plunged as much as 35% on its first trading day, in a blow to telecoms maverick Xavier Niel …

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Miranda Bryant / The Guardian:

News UK's talkTV apologized to Mind on air after a presenter claimed the UK mental health charity funded the legal fees of asylum seekers — Channel apologises to Mind after claiming charity funded legal fees of asylum seekers — Rupert Murdoch's talkTV has apologised to Mind after claiming …

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Alex Weprin / Hollywood Reporter:

As NESN and Sinclair-owned Bally Sports launch streaming offerings, regional sports networks envision a hybrid DTC and pay TV model for the foreseeable future — NESN and Sinclair-owned Bally Sports are the first out of the gate, but as the pay TV bundle declines, RSNs are looking …

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