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 …
Discussion:
The Guardian, The Streamable, Seeking Alpha, Variety, CNBC, Cord Cutters News, The Hollywood Reporter, Sports Media Watch, New York Times, Variety, Broadband TV News, @xpangler, The Desk, Jessica Toonkel on LinkedIn, @sherman4949, @richlightshed, @richlightshed, @rfaughnder, @sherman4949, Advanced Television, Media Play News, Awful Announcing, The Information, Financial Times, Los Angeles Times, The Wrap, Deadline, @paulconstant.com and Forbes, more at Techmeme »
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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
Discussion:
The Wrap, Stereogum, Fortune, @mattbelloni, @reigncoates, New York Post, Fast Company, IndieWire, The Desk, Variety, The Streamable, Axios, Cord Cutters News, The Hollywood Reporter, Forbes and New York Times
Casey Newton / Platformer:
Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real time content, fediverse, and more — Programming note: With this post, we now go on a short summer break. See you back here July 15. — A year ago this week, Meta introduced Threads to the world.
Discussion:
Fast Company, @tchambers@indieweb.social, Bloomberg and @ricmac@mastodon.social, more at Techmeme »
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Alex Heath / The Verge:
Mark Zuckerberg says Threads has 175M+ MAUs, up from 150M in April, ahead of its one-year anniversary on July 5; source: Meta may turn on ads in Threads in 2025 — A year and a half ago, Threads was but a twinkle in Mark Zuckerberg's eye. — Now, the rival to Elon Musk's X has reached …
Discussion:
TechCrunch, @zuck@threads.net, The Information, Washington Post, @walthickey, @maxwelltani and @willoremus, more at Techmeme »
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 …
Discussion:
The Verge, TechCrunch, @Mastodon@mastodon.social, @garry@mstdn.social, @yaohsi@istanza.ch, @dangillmor@mastodon.social, Melanie Sill on LinkedIn, @mho@social.heise.de, @amberage@eldritch.cafe, @ernie@writing.exchange, @buddiesofbudgie@floss.social, @seanfobbe@fediscience.org, J. Nathan Matias on LinkedIn, @bretcarmichael@mastodon …, @nileane@nileane.fr, @btp@fosstodon.org, @Edent@mastodon.social, @frozencanuck@mas.to, @dimillian@mastodon.social and @IceCubesApp@mastodon.online
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.
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.
Discussion:
Talking Biz News
Emma Roth / The Verge:
Reddit users: Netflix is phasing out its cheapest $11.99/month ad-free tier for existing subscribers as planned, 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.
Discussion:
The Streamable, MobileSyrup, Android Authority, PCMag, Financial Express, Neowin, Android Central, Tom's Guide, PhoneArena, Business Standard, @tvgrimreaper, PYMNTS.com, @tvgrimreaper, GameSpot, Android Headlines, How-To Geek, Android Police, 9to5Mac, TechRadar, Mashable, BGR, Trusted Reviews, r/mildlyinfuriating, r/television and Slashdot, more at Techmeme »
Ivan Mehta / TechCrunch:
Telegram rolls out the ability for creators to share paid content to channels using its Stars digital currency and for channels to convert Stars to Toncoin — Telegram launched a digital currency called Stars for in-app use last month. Now, the company is expanding its use cases to paid content.
Discussion:
MediaPost, more at Techmeme »
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:
EverPass Media, The Hill, Awful Announcing, The Media Leader, Barrett Media, Deadline, Sportico and The Hollywood Reporter
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.
Discussion:
@g_shullenberger, @elonmusk, @mkhammer, @rationalist69, @alex, @jess_miers, @sergiovengeance, @murielblaivephd, @aaron_renn, @scottgreenfield, @jeninyounesesq, @pluribuspub, @centralunplan, @jeninyounesesq, @g_shullenberger, @aricohn, @michaelkpate, @g_shullenberger, @emmma_camp_, @scottlincicome, Ann Rutledge on LinkedIn, Fox News, Public Knowledge, Reason, Freedom of the Press …, @KevinCarson1@kolektiva.social, @jeffjarvis@mastodon.social, News/Media Alliance, Bloomberg, Free Press, Slate, Engadget and Techdirt
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:
The Overspill, Digital Journal, @wired, @wired, @wired and Beyond Search, more at Techmeme »
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