Top News:
Wall Street Journal:
Sources: the NBA is closing in on deals with NBC, ESPN, and Amazon that would bring in ~$76B in media revenue over 11 years; the deals will include WNBA rights — The National Basketball Association entered its first TV negotiations in a decade with a problem: Its main business partners seemed to be on shaky footing.
Lauren Forristal / TechCrunch:
Substack adds the ability for writers to send videos to their subscribers via its direct messaging feature Chat — Newsletter platform Substack is introducing the ability for writers to send videos to their subscribers via Chat, its direct messaging feature, the company announced on Wednesday.
Discussion:
On Substack
Mike Scarcella / Reuters:
A federal class action suit against the NFL over claims of using agreements to control Sunday Ticket distribution, letting DirecTV raise prices, heads to trial — The National Football League and subscribers to its “Sunday Ticket” televised game package are headed to trial on Wednesday …
Discussion:
New York Post, Courthouse News Service and Bloomberg
Luc Cohen / Reuters:
Netflix plans to donate $1M to the Innocence Project to settle a defamation lawsuit by ex-prosecutor Linda Fairstein over a 2019 Central Park Five show — Netflix (NFLX.O) settled a defamation lawsuit brought by best-selling author and former Manhattan sex crimes prosecutor Linda Fairstein …
Discussion:
Vibe, @theferocity.bsky.social, UPI, The Wrap, Deadline, Los Angeles Times, The Daily Beast, Variety and The Hollywood Reporter
Dominic Ponsford / Press Gazette:
Bloomberg Media unveils product updates, including more deep-dive long reads on Businessweek, set to become a monthly in July, and reports 540K subscribers — Bloomberg Media is betting on increased website functionality and deeper reporting to keep it ahead of generative AI-based information providers.
Discussion:
Dominic Ponsford on LinkedIn
Reuters:
China-linked app NewsBreak used AI to write 40+ inaccurate local US stories since 2021 and in March added a note that its content “may not always be error-free” — Last Christmas Eve, NewsBreak, a free app with roots in China that is the most downloaded news app in the United States …
Discussion:
@niubi, @nastyoldwomyn, @nanditab1, @pearswick, @reuters, @wexler, @reuters and @robdecola
Anthony Crupi / Sportico:
Diamond Sports Group reaches a tentative deal for a new naming-rights sponsor for its regional sports networks; a report says FanDuel plans to replace Bally's — Diamond Sports Group on Tuesday confirmed that it has reached an agreement in principle on a new naming-rights sponsor …
Discussion:
The Streamable, Bloomberg, Legal Sports Report, Awful Announcing, Barrett Media, Cord Cutters News and Next TV
Sharon Otterman / New York Times:
The Columbia Law Review's website was taken offline by its board of directors after the journals' student editors published an article criticizing Israel — The board of directors of the student-run publication said that the article, by a Palestinian human rights lawyer, had not been subject to sufficient review.
Discussion:
CNN, The Daily Beast, The Intercept, @jameeljaffer and Associated Press
Nathan Jolly / Mumbrella:
Several senior executives, including sales managers, are leaving as part of News Corp Australia's ongoing restructuring; more staff cuts are expected next week — The biggest restructuring in News Corp Australia's history continues to roll on, as several senior executives have been moved on.
Discussion:
Australian Financial Review, Mediaweek and Mediaweek
Monique Mulima / Bloomberg:
FT Ventures buys a minority stake in Toronto-based news company The Logic, launched in 2018; the FT's media consulting arm will help with subscriptions and more — FT Ventures will become a minority owner of the Toronto-based news company, which was launched in 2018.
Discussion:
Talking Biz News
Upmanyu Trivedi / Bloomberg:
The UK's Competition Appeal Tribunal rules that a class action lawsuit against Google over allegations of abusing its dominance in digital ads can proceed — London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations …
Discussion:
The Register, Press Gazette, Advanced Television, City A.M., @pressgazette, @pressgazette and Reuters, more at Techmeme »
Will Shanklin / Engadget:
Twitch says its Twitch Tier 1 subscriptions in the US will increase from $4.99 per month to $5.99 per month on July 11, the first price hike for US subscribers — Monthly Tier 1 memberships will go up by $1 in July. — Twitch is joining Spotify, Max, Peacock, Crunchyroll …
Discussion:
@twitchsupport, @majorlinux@toot …, help.twitch.tv and StreamTV Insider, more at Techmeme »
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