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9:55 AM ET, July 3, 2024

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 Top News: 
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 …
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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
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 …
Dan Gillmor:
Journalists need to reject formulas that have made them ineffective, like presenting “both sides”, after the SCOTUS ruling giving presidents unrestricted power  —  This is the first in a series of posts.  —  Dear journalists: This is your moment.
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.
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.
Emma Roth / The Verge:
Reddit users: Netflix is following through on its plan to phase out its cheapest $11.99/month ad-free tier, instead pushing its $6.99, $15.49, and $22.99 tiers  —  Netflix is following through on its plan to phase out its cheapest ad-free tier for existing subscribers.
Dominic Ponsford / Press Gazette:
Brad Stone, editor of Bloomberg Businessweek, which moved to monthly circulation, says print may make a comeback as readers want “distraction-free luxury”  —  Editor of Businessweek Brad Stone said he believes print journalism could make a comeback as the 95-year-old title moved from weekly to monthly circulation this week.
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.
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.
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.
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.
 
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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
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January
 
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