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7:15 PM ET, August 8, 2023

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 Top News: 
ESPN Press Room U.S.:
ESPN and Penn Entertainment unveil a deal to launch ESPN BET, as Penn rebrands its sportsbook in the 16 US states where it is licensed; PENN up ~15% after hours  —  Sports betting deal to include a streamlined experience for sports fans  —  ESPN today announced an agreement with PENN Entertainment …
RELATED:
Axios:
Penn Entertainment is selling Barstool Sports back to founder Dave Portnoy, who has accepted certain noncompete agreements; Penn had bought Barstool for $551M  —  - Tim Baysinger- Kerry Flynn- Sara Fischer  —  ESPN on Tuesday announced a betting joint venture with casino operator PENN Entertainment …
RELATED:
Wall Street Journal:
Charlie Ergen strikes a deal to merge Dish and EchoStar, as he shifts away from the shrinking pay-TV network to compete with wireless giants like AT&T  —  Deal aims to give Dish the financial flexibility it needs to compete in the next generation of wireless
Sara Fischer / Axios:
OpenAI plans to offer a $395K grant to fund a new initiative at New York University's journalism school that will provide workshops on journalism ethics issues  —  OpenAI, the parent company to ChatGPT, will fund a new journalism ethics initiative at New York University's Arthur L. Carter Journalism Institute …
Jeff Kosseff / Wired:
Unlike in Gonzalez v. Google, SCOTUS in the next year can't just punt the NetChoice cases challenging social media content moderation laws in Texas and Florida  —  Forget Gonzalez v. Google.  There's another dispute that will come before the justices in the next year and this time they will …
more at Techmeme »
Sara Fischer / Axios:
The Atlantic CEO Nicholas Thompson says the outlet hopes to be profitable in 2024, plans to seek higher-margin ad deals, and has 925K subscribers  —  The Atlantic has booked $19.5 million in advertising and events revenue so far this year, according to data shown to staff during …
Discussion: @sarafischer
Mark Hicks / The Detroit News:
Bob Giles, who led two newsrooms to Pulitzers, oversaw Nieman Journalism Lab's launch, and selected and hosted hundreds of Nieman Fellows at Harvard, dies at 90  —  Former Detroit News editor and publisher Bob Giles ― who led the paper to a Pulitzer Prize, the highest honor in journalism …
Casey Newton / Platformer:
Given the countless times Elon Musk has walked back announcements, the business media must rethink its coverage of X, Musk, and the fight with Mark Zuckerberg  —  After a weekend of whoppers about X and fighting Mark Zuckerberg, the press should take a more skeptical approach
Jane Friedman:
An author finds “garbage books”, most likely AI-generated, uploaded to Amazon under her name and added to Goodreads; both services have since removed the titles  —  Update (afternoon of Aug. 7): Hours after this post was published, my official Goodreads profile was cleaned of the offending titles.
RELATED:
Amanda Silberling / TechCrunch:
Prosecraft, which compiled 27K+ books to compare their language's “vividness”, shuts down after a writer backlash over the site's potential generative AI uses
 
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 More News: 
Max Kim / Los Angeles Times:
The Korea Broadcasting Actors Union says Netflix is not responding to calls to meet, as the union asks for the same residuals that US actors get under SAG-AFTRA
 Earlier Picks: 
Katie Robertson / New York Times:
The New York Times reports Q2 revenue up 6% YoY to $590.9M, $92.2M adjusted operating profit, 9.88M subscribers, and subscription revenue up 7% YoY to $409.6M
Killian Faith-Kelly / Press Gazette:
An interview with The Times obituary writer Damian Arnold on his workday, stock obituaries, the right way to die, writing his first obituary in 2008, and more
Sapna Maheshwari / New York Times:
After social media upended the fashion, beauty, and lifestyle magazine industries, some women turn to Facebook Groups and Substack for curated recommendations
Chris Lee / Vulture:
A group of 50+ Marvel VFX employees votes to be represented by IATSE, marking the first time VFX professionals have banded together to form a union in the US
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is exploring a push into smart glasses by conducting an internal study, codenamed Atlas, to gather employee feedback on products on the market

Bloomberg:
Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T

Bloomberg:
Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG
 
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