Top News:
Joe Pompeo / Vanity Fair:
Allen & Co.'s annual Sun Valley conference begins on July 5 with executives from Warner Bros. Discovery, Disney, and more, as financial woes dampen dealmaking — As fleece-clad billionaires—and newcomers like Bari Weiss—flock to Idaho this week, Sun Valley fixtures are buzzing about Netflix's future …
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 …
Elizabeth Aubrey / NME:
David Crosby, Stephen Stills, and Graham Nash's music returns to Spotify, after they removed it in February in solidarity with Neil Young's Joe Rogan protest — Of the news, David Crosby said: “I don't own it now and the people who do are in business to make money”
Gary Ng / iPhone in Canada Blog:
Canada's CBC News says it will launch a free, ad-supported streaming channel across its digital platforms this fall — CBC News announced on Thursday it will be launching a new ad-supported streaming channel across its digital platforms this fall. — The 24/7 streaming news channel …
Discussion:
@greenfield64 and @jackshafer
Colby Hall / Mediaite:
NPR ends its 33-year tradition of reading the US Declaration of Independence on July 4, instead discussing the meaning of the phrase “all men are created equal” — Morning Edition host Steve Inskeep typically celebrates July 4th with an annual reading of the Declaration of Independence to his loyal listeners on NPR.
Discussion:
@leilafadel, @grahambrewer, @nprinskeep, @sarahmccammon, @nprinskeep, @nprinskeep, Fox News, New York Post, @danielberman2, @allisonlcarter, The Wrap, @smotus and NPR
Foo Yun Chee / Reuters:
EU lawmakers pass the Digital Services Act and Digital Markets Act, seeking to regulate US tech giants, but enforcement could be hamstrung by limited resources — EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in the power of tech giants such as Alphabet (GOOGL.O) …
Discussion:
TechCrunch, AppleInsider, 9to5Mac, MacRumors, European Parliament and Broadband TV News, more at Techmeme »
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 …
Discussion:
Music Business Worldwide and Light Reading
Press Gazette:
Daily Mail owner DMGT relaunches Mail+, giving users access to exclusive print content, podcasts, puzzles, and more for £10.99 per month or £131.88 per year — The publisher of the Mail brands has relaunched its paid digital edition service Mail+ after editor Ted Verity took the reins of a more unified operation.
Discussion:
@timgatt, @hayley_barlow, @eduardosuarez and @pressgazette
Stephen Grey / Reuters:
In a jailhouse interview, the man accused of detonating the car bomb that killed Maltese journalist Daphne Caruana Galizia confesses to the crime — The man accused of detonating a car bomb that killed a prominent Maltese journalist has confessed to the crime in an interview with a Reuters reporter …
Discussion:
The Daily Beast and @w7voa
Seb Joseph / Digiday:
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.
Discussion:
@samro, @ahcastor and @davidgerard, more at Techmeme »
Dominic Ponsford / Press Gazette:
The Guardian joins Google News Showcase in the UK, making DMGT the only major mainstream UK commercial publisher not part of the initiative — The Guardian has signed a deal with Google to take payments likely to be worth millions per year for content. — It is the latest UK publisher …
Discussion:
The Keyword
Angela Fu / Poynter:
The Aspen Times suffered a staff exodus after its new owner, Ogden, quashed coverage of a defamation lawsuit by billionaire Vladislav Doronin against the outlet — Ogden's decision not to cover a billionaire's lawsuit against The Aspen Times has sent the paper — and the town — spiraling
Discussion:
@jayrosen_nyu, @xshularx, @jeffjarvis, @poynter, @spj_tweets and @irenegentle
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