Top News:
Tom Friend / Sports Business Journal:
Sources: the NBA is formalizing deals with Disney, NBC, and Amazon, which may prompt WBD to sue; ESPN may pay $2.8B annually, NBC $2.6B, and Amazon $1.8B to $2B — NEW YORK — The NBA is formalizing written contracts with Disney, NBC and Amazon this week, with sources calling it the final stage …
Discussion:
Mediaite, Awful Announcing, The Streamable, New York Post, The US Sun, UPROXX, Sports Media Watch and @dylanbyers
Ted Johnson / Deadline:
Nexstar's NewsNation adds an early evening news block to its weekend schedule, completing its transformation into a 24/7 network — NewsNation is adding an early evening news block to its weekend schedule, completing its transformation into a 24/7 network.
Discussion:
Radio & Television …, TVNewsCheck and Cord Cutters News
Max Tani / @maxwelltani:
[Thread] In a meeting, Washington Post CEO Will Lewis told staff that the paper lost $77M over the past year, and saw a 50% drop off in audience since 2020 — Washington Post CEO Will Lewis is introing the paper's new “Build It” plan today. In a meeting with staff, he noted that the paper lost $77 million over the past year, and saw a 50% drop off in audience since 2020: “To be direct, we are in a hole, and we have been for some time.”
Bloomberg:
Sources: Tata Group took full control of subscription TV broadcaster Tata Play after buying Disney's 29.8% stake, valuing Tata Play at about $1B — - Tata Group gains full control of Tata Play after Disney deal — Tata bought out Temasek's stake in platform earlier this year
Max Tani / Semafor:
Email: WaPo newsletter editor Elana Zak asked writers not to link to a story on Prince Harry's allegations that new CEO Will Lewis helped with hacking coverups — The Scoop — A top Washington Post editor instructed editors Tuesday night not to promote a story about a controversy involving the paper's new CEO Will Lewis.
Aisha Malik / TechCrunch:
TikTok launches its Symphony AI suite for brands, using generative AI to let marketers write scripts, produce videos, and enhance current assets — TikTok is the latest tech company to incorporate generative AI into its ads business, as the company announced on Tuesday that it's launching a new “TikTok Symphony” AI suite for brands.
Discussion:
Adweek, The Media Leader and Digiday
Murray Stassen / Music Business Worldwide:
Amid a dispute between music publishers and Spotify, the NMPA asks Congress to change copyright law to give rights holders more options to negotiate royalties — The National Music Publishers Association (NMPA) has called on Congress to make a change to copyright law in the United States …
Discussion:
Billboard, Music Ally, Billboard, Digital Music News, David Israelite on LinkedIn, Digital Music News, Variety, Rolling Stone, CMU, Billboard and CMU
Alex Weprin / The Hollywood Reporter:
SEC filing: Vivek Ramaswamy owns shares and call options worth ~$4M in BuzzFeed, or a 7.7% stake, and seeks a shift in its strategy; BZFD jumps 10%+ — Ramaswamy has acquired just under 8% of BuzzFeed, with plans to push for “a shift in the company's strategy.”
Alex Ritman / Variety:
UK-based studio Anton raised €100M led by BlackRock-managed funds and accounts to expand its feature film and TV series development and production — Anton, the European production, financing and sales group behind “Greenland,” is set to ramp up its output following a significant injection of funds.
Discussion:
The Hollywood Reporter, Deadline and WORLD SCREEN
Charlie Warzel / The Atlantic:
OpenAI's Scarlett Johansson debacle is merely a reminder of AI's manifest destiny philosophy: “This is happening, whether you like it or not”, consent be damned — The Scarlett Johansson debacle is a microcosm of AI's raw deal: It's happening, and you can't stop it.
Discussion:
CNN, Fast Company, NPR, Vox, Wired, @kathrynferreira, @dseetharaman, @cwarzel, @othernedwin, @joshkraushaar, @mikepepi, @mmitchell_ai, @cwarzel, @richardlawler@threads.net, @evanmcmurry, @cwarzel, Benzinga, @Dhmspector@mastodon.social, The Hollywood Reporter, The Information, Deadline, New York Post, Vanity Fair, Slate, BGR, CNET, The US Sun, Business Insider, Digital Music News, Global News, UPROXX, CBS News, CMU, SheKnows, Forbes, GB News, HuffPost, Fox News, Us Weekly, The Register, New York Daily News, New York Times, The A.V. Club, Platformer, Boing Boing, E! Online, VentureBeat and IndieWire, more at Techmeme »
Huizhong Wu / Associated Press:
In a video statement, Chinese journalist Zhang Zhan says she was released from prison after serving four years for charges related to covering COVID-19 in Wuhan — Zhang Zhan was released from prison after serving four years for charges related to reporting on the COVID-19 outbreak in Wuhan …
Sophie Culpepper / Nieman Lab:
Q&A with Press Forward's inaugural director Dale Anglin on bringing her experience from Cleveland Foundation, challenges facing news philanthropy, and more — “I see, every week, some example of where the two don't understand each other. Each of them needs to shift a little bit."
Discussion:
Camilla Palazzini on LinkedIn and Editor and Publisher
Louise Matsakis / Wired:
Google is rolling out a new AI-powered ad format that shows shoppers how items of clothing would look on different skin tones and body types — A new breed of online ad allows brands to pay Google to offer shoppers AI-generated images that show how items of clothing would look on different skin tones and body types.
Discussion:
PRWeek, ClickZ, Lauren Ito on LinkedIn, Search Engine Land, Adweek, The Drum, MarTech and Adweek, more at Techmeme »
RELATED:
Paresh Dave / Wired:
Google plans to test search and shopping ads in its AI Overviews, drawing from advertisers' existing campaigns; AI Overviews rolled out to US users last week
Discussion:
The Information, The US Sun, The Verge, Search Engine Journal, Ad Age, Digiday, Shelly Palmer, @carnage4life@mas.to, Search Engine Land and The Keyword
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