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2:30 AM ET, July 23, 2024

Mediagazer

 Top News: 
Digiday:
Alex Weprin / The Hollywood Reporter:
WBD says it intends to match one of the offers for NBA rights; a source says it is targeting the package from Amazon, which is for about $1.8B per year  —  TNT has held NBA rights for 35 years.  What happens next will determine if they keep them. … The company said in a statement Monday afternoon …
Sahil Patel / The Information:
Reddit COO Jen Wong says the company has revenue sharing deals with the NFL, NBA, MLB, and others to get video and other content, hoping to draw advertisers  —  Reddit, known for its chat forums on everything from Proust to Wall Street stocks, is going big on sports.
Mark Kleinman / Sky News:
Source: former UK Chancellor Nadhim Zahawi approached billionaire backers like the Reuben family to prepare a £600M bid for The Daily Telegraph and Spectator  —  Nadhim Zahawi, who stepped down as an MP at the recent general election, has approached prospective billionaire backers including …
Dylan Donnelly / Sky News:
A Russian court sentences Russian-American RFE/RL journalist Alsu Kurmasheva to six and a half years in prison for spreading “false info” about Russian army  —  Alsu Kurmasheva, an editor at Radio Free Europe/Radio Liberty, was convicted for six and a half years in a secret trial, a court spokesperson said.
Alex Ritman / Variety:
Amazon MGM Studios buys the UK's Bray Film Studios, used to make season two of The Rings of Power, its first acquisition of a physical studio in the UK  —  Amazon Prime Video is acquiring the U.K.'s Bray Film Studios, the historic site it recently set up as a production hub for the second season of …
Meera Pattni / Semafor:
Semafor plans to launch Semafor Gulf on September 16, led by veteran journalist Mohammed Sergie, following the success of the US and sub-Saharan Africa editions  —  The News  —  Semafor will launch in the Middle East this September, marking a major milestone in its global expansion strategy …
Daniel Thomas / Financial Times:
WPP-owned ad agency Ogilvy unveils Influence Shield, a new service that aims to help clients deal with reputational issues arising from social media influencers  —  WPP-owned advertising agency claims new product will prevent reputational damage  —  Ogilvy, the WPP-owned advertising agency …
Rebecca Robbins / New York Times:
A Florida judge refuses to dismiss Donald Trump's libel lawsuit against the Pulitzer Board over its 2022 statement reaffirming awards for Russiagate coverage  —  Donald Trump sued the Pulitzer Prize Board over its 2022 statement reaffirming its decision to award a prize for coverage of the 2016 Trump campaign's ties to Russia.
Discussion: Deadline, @jeffjarvis and Politico
 
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 More News: 
Elahe Izadi / Washington Post:
A profile of John Paul Vranesevich, the owner and only full-time reporter for the Beaver Countian who beat the national media on a Donald Trump shooting scoop
Amanda Meade / The Guardian:
Australian Financial Review Editor-in-Chief Michael Stutchbury plans to step down after 13 years, as AFR owner Nine Entertainment cuts 200 jobs to save $30M
 Earlier Picks: 
Marshall Cohen / CNN:
Hunter Biden drops his lawsuit against Fox News over its “mock trial” miniseries about his overseas financial dealings, after filing it last month
Lucas Shaw / Bloomberg:
Sources: Apple's Eddy Cue has pushed TV+ studio chiefs to exert more control over budgets, hoping to change Apple's reputation as the biggest spender in town
Matilda Battersby / The Bookseller:
Academics say publisher Taylor & Francis hadn't told them about selling access to authors' research as part of a $10M+ Microsoft AI deal, nor let them opt out
Katie Kilkenny / The Hollywood Reporter:
A year after the start of the double strike, SAG-AFTRA and WGA members, studio executives, and agents have mixed responses on whether the strikes were worth it
Los Angeles Times:
LA County Sheriff's Department secretly investigated and urged the state AG to prosecute an LA Times reporter who wrote about a leaked list of problem deputies
 

 
From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Mark Gurman / Bloomberg:
How Tim Cook may navigate Trump's presidency, a closer look at Apple's upcoming smart home command center, sources detail a new AirTag coming in 2025, and more

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever

 
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