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11:50 PM ET, July 2, 2024

Mediagazer

 Top News: 
Bloomberg:
Sources: Paramount Global is in exclusive talks to sell BET for $1.6B-$1.7B to buyers that include BET CEO Scott Mills and Chinh Chu, who runs CC Capital  —  - Discussing offer from BET CEO and CC Capital's Chinh Chu  — New interest after Paramount talks with Skydance fell apart
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Wall Street Journal:
Sources: Skydance reached a preliminary deal to pay $1.75B for National Amusements and agreed to a 45-day period where other Paramount bidders can make offers  —  Skydance would pay $1.75 billion for National Amusements under the preliminary deal  —  David Ellison's production company …
New York Times:
Sources: Barry Diller is exploring a bid to take control of Paramount; his digital media conglomerate, IAC, has signed NDAs with National Amusements
Eugen Rochko / Mastodon Blog:
Mastodon adds clickable bylines under article links, pointing to the author's fediverse account; The Verge and MacRumors are among the pubs using the feature  —  A new feature for media organizations, journalists and bloggers  —  To reinforce and encourage Mastodon as the go-to place for journalism …
Lillian Rizzo / CNBC:
EverPass Media, which has commercial rights to NFL's Sunday Ticket, acquires UPshow, a service that enables live sports streaming at commercial establishments  —  A satellite dish is no longer the only way bars and restaurants can air the National Football League's package of “Sunday Ticket” games.
Reece Rogers / Wired:
AI spam still sometimes ranks higher than original reporting in Google Search despite Google's adjustments to target AI spam in March 2024  —  Google adjusted its policies to target AI spam earlier this year, but plagiarizing content still comes up higher in search results months later—and SEO experts aren't sure why.
Tim Wu / New York Times:
Judges have allowed First Amendment free speech rights to be hijacked to suppress the sovereignty of humans in favor of the power of companies and machines  —  The First Amendment was written in the 18th century with the noble and vitally important goal of ensuring robust political debate and a free press.
Aisha Malik / TechCrunch:
Snapchat adds new features, including letting Snapchat+ subscribers design a personalized house on Snap Map and send Snaps that last less than .5 seconds  —  Snapchat is introducing new ways for users to personalize their accounts, the company announced on Tuesday.
Dan Gillmor:
Todd Spangler / Variety:
Following Paramount's takedown of MTV News, the Internet Archive has assembled a searchable index of 460,575 web pages earlier published at MTV.com/news  —  MTV News lives!  Well, sort of. … You can search the MTV News archive on the organization's Wayback Machine at this link.
Yadarisa Shabong / Reuters:
The London Stock Exchange Group partners with Dow Jones to share news and data; the companies plan a curated news space in LSEG's Workspace platform in 2025  —  The London Stock Exchange Group (LSEG.L) announced a multi-year news and data partnership with Dow Jones that will include content …
John Buckley / Capital Brief:
Memo: News Corp CEO Robert Thomson signals the company is weighing legal action against at least one generative AI firm, weeks after finalizing an OpenAI deal  —  In the memo, the CEO shared more detail on his approach to generative AI, which he considers a major risk to journalism — even as the company strikes deals with AI firms.
Stephanie Palazzolo / The Information:
Source: Runway, a startup focusing on generative AI video for Hollywood and other filmmakers, is in talks to raise $450M at about a $4B valuation  —  Runway, already the best funded among a cluster of startups developing artificial intelligence software to generate videos for Hollywood …
 
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 More News: 
Lloyd Coombes / Tom's Guide:
Generative AI music service Suno launches its iOS app in the US, with plans for a global rollout and an Android app
 Earlier Picks: 
The Moscow Times:
Spotify has removed the songs and profiles of pro-war Russian artists sanctioned by the EU; their profiles remain accessible on Apple Music and YouTube
Melanie Goodfellow / Deadline:
VFX company DNEG raised $200M from Abu Dhabi's UASG at a $2B+ valuation to expand its Brahma division, which is developing an AI-powered, photo-real CGI creator
Lucas Manfredi / The Wrap:
Ampere Analysis: in Q1 2024, Netflix and Amazon commissioned 53% of all original streaming titles globally, spurred by increased investment outside of the US
Georg Szalai / The Hollywood Reporter:
Tubi launches in the UK with over 20K movies and TV episodes, featuring content from distributors including Disney, Lionsgate, NBCUniversal, and Sony Pictures