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
Discussion:
The Wrap, The Desk, Variety, The Streamable, @mattbelloni and The Hollywood Reporter
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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 — Mr. Diller, a digital media pioneer, lost a bidding war for Paramount Pictures decades ago. Now, he's making a run at its parent company.
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 …
Discussion:
MediaPost, Talking Biz News and Dow Jones Newswires
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.
Discussion:
Rolling Stone, @jillpantozzi, @center4popmusic, @internetarchive, @variety, POP! and Internet Archive Blogs
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 …
Discussion:
@steph_palazzolo, more at Techmeme »
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 — London-based The DNEG Group has secured a $200M capital injection from Abu Dhabi investment firm United Al Saqer Group (UASG).
Discussion:
The Wrap, @dneg, Business Standard, Proactive, DNEG, @malhotra_namit, The Hollywood Reporter and Financial Times
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.
Discussion:
@wired, @wired, @wired and Beyond Search
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.
Discussion:
The Media Leader, EverPass Media, Sportico, Deadline, Barrett Media and The Hollywood Reporter
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 …
Sara Fischer / Axios:
CNBC launches a sports vertical as part of its broader plan to shift its editorial and business focus to cross-platform verticals led by subject-matter experts — - The company is expected to make more announcements about other topic areas soon. … - CNBC has hired sports valuation expert …
Discussion:
Talking Biz News, TVNewsCheck, @bmccandless, NewscastStudio, @sherman4949, CNBC Press Releases and Variety
Paresh Dave / Wired:
Some YouTube employees detail internal deliberations about content relating to the Israel-Hamas war and accuse the company of inconsistent moderation — Insiders have shared YouTube's playbook for handling the Gaza crisis. They argue that it shows inconsistent enforcement.
Discussion:
The Guardian, more at Techmeme »
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 — Music streaming service Spotify has removed the songs and profiles of pro-war Russian artists sanctioned by the West, the Sweden-based company told The Moscow Times on Thursday.
Discussion:
@irgarner, @moscowtimes, Music Ally, Stereogum, The Kyiv Independent, Radio Free Europe/Radio …, Hotpress, Breitbart, Consequence, Billboard and Digital Music News