Mediagazer: Publicis reports H1 2024 revenue up 7.7% YoY to €7.7B and raises revenue growth guidance from 4%-5% to 5%-6% for 2024, as US tech clients' ad spending picks up (Daniel Thomas/Financial Times)

3:00 AM ET, July 18, 2024

Top News:

Mike Vorkunov / New York Times:

Sources: the WNBA's media rights deals mirror the NBA's, and the league is set to get at least $2.2B over 11 years or $200M/year, up from the current ~$50M/year — The WNBA's next national media rights package has come into shape. The league is set to receive roughly $2.2 billion …

Discussion: Awful Announcing, New York Post, The Guardian, Mediaite, Front Office Sports, Sports Illustrated, Next TV, @kennysmith.bsky.social, Sportico, Black America Web, Chelsee Washington on LinkedIn, Front Office Sports, USA Today and Sports Media Watch

Tim Reynolds / Associated Press:

The NBA's Board of Governors approves the league's next media rights deals with Disney, NBC, and Amazon Prime Video; WBD could still match one of the deals — The NBA's Board of Governors approved the league's next media rights deals with Disney, NBC and Amazon Prime Video at its meeting Tuesday …

Discussion: Sports Business Journal, New York Times, Deadline, Cord Cutters News, The Information, @sherman4949, @mikevorkunov, Sportico, TVNewsCheck, NBA.com, The Desk, New York Times, Awful Announcing and The Streamable

Hong Kong Free Press:

Hong Kong-based reporter Selina Cheng says she was fired by The Wall Street Journal for taking up the position of chair of the Hong Kong Journalist Association — American newspaper The Wall Street Journal has fired Hong Kong-based reporter Selina Cheng weeks she was elected chair …

Financial Times:

Sources: WBD weighs splitting off its streaming and studio businesses from its legacy TV networks including CNN, leaving most of its debt with the TV networks — Group behind CNN and HBO has discussed options including spin-off of its streaming service and movie studio

Discussion: The Wrap, Deadline, Yahoo Finance and The Hollywood Reporter

Peter White / Deadline:

Emmy nominations numbers: Netflix took top spot with 107; FX, 93; HBO/Max, 91; Apple TV+, 72; ABC and CBS, 38 each; Prime Video, 37; Hulu, 26; and Disney+, 19 — The revolving door of Emmy nominations leader continues to swing. — Netflix has taken top spot with the most Emmy nominations …

Discussion: Variety, Adweek, Variety, Los Angeles Times, Associated Press, BGR, Media Play News, GoldDerby, The Ringer, Variety, ComingSoon.net, SWAMY WORLD, AppleInsider, Next TV, The Hollywood Reporter, Variety, 9to5Mac and The Wrap

Daniel Thomas / Financial Times:

Publicis reports H1 2024 revenue up 7.7% YoY to €7.7B and raises revenue growth guidance from 4%-5% to 5%-6% for 2024, as US tech clients' ad spending picks up — Paris-based advertising agency nudges up annual forecast on recovery in marketing budgets

Discussion: Reuters, Wall Street Journal, Bloomberg, Publicis Groupe, Publicis Groupe, Publicis Groupe and MediaPost

Jess Weatherbed / The Verge:

Spotify launches an AI DJ that speaks Spanish, in beta for Premium customers in markets where its English-language DJ is offered, and in Spain and Latin America — The new Spanish-language voice has been provided by Spotify's senior music editor, Olivia “Livi” Quiroz Roa …

Discussion: @glenngabe, Music Business Worldwide, Axios, Spotify, Digital Trends, Engadget and TechCrunch, more at Techmeme »

Ben Werdmuller / Werd I/O:

The news media seems to be trapped in a place where technical innovation is nonexistent, perhaps due to the risks of experimentation or due to top-down culture — If you're waiting for permission to build something, or if you want to see how well something has worked for your peers …

Discussion: @mtdukes@threads.net, @reckless1280@threads.net, @jgayfer@fosstodon.org, @quillmatiq@threads.net and @ben.werdmuller@threads.net

Om Malik / On my Om:

The Apple News deal with Taboola is shocking and off-brand, calling into question Apple's commitment to good customer experience, including privacy — I've been a happy Apple One customer. It made perfect sense signing up for the package considering I was paying for Apple TV+, Apple Music and iCloud storage.

Mark Sweney / The Guardian:

Source: PE firm CVC Capital Partners is considering a bid for the Telegraph, ahead of a deadline for the first round of auction of the newspaper group this week — Potential bid by CVC Capital Partners believed to be structured to back newspaper group's management team

Discussion: Telegraph

Bloomberg:

The US SEC sues former DWAC CEO Patrick Orlando for allegedly misleading investors about his company's plans for a SPAC merger with Trump's social media company — - Patrick Orlando eyed Trump Media before IPO, SEC claim — SEC settled with DWAC for $18 million over similar issue

Discussion: Raw Story, @hugolowell and Reuters

Natalie Korach / The Wrap:

MSNBC insiders accuse executives Cesar Conde and Rashida Jones of pulling Morning Joe off the air to “coddle” Trump and avoid tensions if he wins the election — Tension skyrocketed at MSNBC this week as network news insiders accused NBCU News Group Chairman Cesar Conde …

Discussion: @blackamazon, @jmktvshow, @ecosexuality, Adweek, @jeffjarvis@mastodon.social, Raw Story, CNN, Fox News, The Daily Beast and Mediaite

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Samuel Stolton / Bloomberg:
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice

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Michael Forsythe / New York Times:
A US jury finds exiled Chinese businessman Guo Wengui guilty of defrauding investors; he was found not guilty on three counts tied to his media company GTV

Discussion: Washington Post, The Daily Beast, Raw Story, Associated Press, Financial Times, Mother Jones and Courthouse News Service

Jennifer Maas / Variety:
Sources: WBD will lay off ~1,000 employees across sectors including finance, business affairs, and production; source: fewer than 10 Max staffers are affected

Discussion: Ryan Kilpatrick on LinkedIn, New York Post, The Information, TechCrunch, Adweek, The Streamable, @willmckinley@mstdn.social, @tvgrimreaper, Deadline, @minotimusic, The Desk, Jon Malone on LinkedIn, Cord Cutters News, Quartz, IndieWire, The Hollywood Reporter and The Wrap, more at Techmeme »

Andrew Deck / Nieman Lab:
The editorial union at Ziff Davis' Mashable, Lifehacker, and PC Mag agrees to a tentative contract prohibiting layoffs or salary cuts due to generative AI

Discussion: @decka227, @beep@follow.ethanmarcotte.com, Nieman Journalism Lab on LinkedIn and Talking Biz News

Wall Street Journal:
Sources: Disney is working on features to increase the hours viewers spend on streaming, including pop-up live channels and more-tailored recommendations

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Aisha Malik / TechCrunch:
Deezer debuts Playlist with AI in beta, where users can create playlists from text prompts, powered by Google's Gemini 1.5, following rivals' similar offerings

Discussion: Deezer Newsroom, Digital Music News, Music Ally and Music Business Worldwide

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Wall Street Journal:
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