Top News:
Lucas Manfredi / The Wrap:
Paramount shares rose ~7% after news that Skydance and National Amusements had reached a tentative deal; source: the deal could be done as soon as this weekend — A deal between the two parties could potentially be completed by as early as the weekend, an individual familiar with the matter tells TheWrap
Discussion:
Reuters, Seeking Alpha, Variety and The Information
RELATED:
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:
Radio & Television …, Cord Cutters News, The Hollywood Reporter, The Guardian, CNBC, Variety, TechRadar, Reuters, Broadband TV News, The Streamable, Sports Media Watch, The Desk, @xpangler, @rfaughnder, @sherman4949, @richlightshed, @richlightshed, @sherman4949, New York Times, Jessica Toonkel on LinkedIn, Media Play News, New York Post, Awful Announcing, The Information, Financial Times, Advanced Television, Los Angeles Times, The Wrap, Deadline, @paulconstant.com and Forbes
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
Discussion:
Stereogum, Vibe, Fortune, @reigncoates, @mattbelloni, Fast Company, IndieWire, New York Post, The Wrap, The Desk, Variety, The Streamable, Axios, Cord Cutters News, The Hollywood Reporter, New York Times and Forbes
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.
RELATED:
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:
Reuters, @zuck@threads.net, Garbage Day, MobileSyrup, Neowin, Axios, TechCrunch, The Information, Washington Post, @alexheath@threads.net, @mattnavarra@threads.net, @technicallymims@threads.net, @documentingmeta@threads.net, @walthickey, @benedictevans@threads.net, @kevinrothrock@infosec …, @carnage4life@threads.net, Android Headlines, @maxwelltani and @willoremus, more at Techmeme »
The Guardian:
The Murdoch-owned Sun in the UK abruptly switches political allegiance, endorsing the Labour Party ahead of the July 4 election — After years of critical coverage, tabloid backs Labour for first election since 2005, saying: ‘It is time for a change’ — The Sun newspaper has made an abrupt volte-face …
Discussion:
The Sun, Financial Times, @gmhales, @garethharding, @thesun, @leohickman, New Yorker and Boing Boing
Hadas Gold / CNN:
Some WH reporters say Biden's mental fitness could have been better covered before the debate, particularly after the release of Robert Hur's report in February — President Joe Biden's White House repeatedly and aggressively shot down reports on the president's age and any possible limitations …
Discussion:
New York Times, Poynter, Fox News, The Daily Beast, CBS News, Deadline, New York Post, Columbia Journalism Review and San Diego Union-Tribune
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
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.
Discussion:
Semafor, @karlauerbach@sfba.social, @fheinderyckx@mastodon.social, @androcat@toot.cat, @WarnerCrocker@mastodon.social, @mkb@mastodon.social, @dangillmor@mastodon.social, @BruceMirken@mas.to, @dkiesow@threads.net, Melanie Sill on LinkedIn, Melanie Sill on LinkedIn, Fox News, @tofugolem@mastodon.social, @dangillmor@mastodon.social and @melaniesill@mastodon.social
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, One Man & His Blog, TechCrunch, @Mastodon@mastodon.social, @CyberpunkLibrarian …, @researchbuzz@researchbuzz …, @KrissyKat@hoosier.social, @yaohsi@istanza.ch, @garry@mstdn.social, @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
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 »
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:
Reclaim The Net, The Reporters Committee …, Techdirt, @alex, @elonmusk, @sergiovengeance, @centralunplan, @scottlincicome, @aricohn, @mkhammer, @murielblaivephd, @jeninyounesesq, @jeninyounesesq, @g_shullenberger, @g_shullenberger, @g_shullenberger, @rationalist69, @pluribuspub, @michaelkpate, @aaron_renn, @scottgreenfield, @emmma_camp_, @jess_miers, Public Knowledge, Ann Rutledge on LinkedIn, Fox News, Reason, Freedom of the Press …, @KevinCarson1@kolektiva.social, @jeffjarvis@mastodon.social and News/Media Alliance
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, @tvgrimreaper, Neowin, PYMNTS.com, @tvgrimreaper, Android Authority, GameSpot, PCMag, Android Headlines, Android Central, Tom's Guide, How-To Geek, PhoneArena, MobileSyrup, Android Police, 9to5Mac, Financial Express, Business Standard, TechRadar, BGR, Mashable, Trusted Reviews, r/television, r/mildlyinfuriating and Slashdot, more at Techmeme »
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