Top News:
Digiday:
Google says it won't be “deprecating third-party cookies” in Chrome and will instead keep working on “privacy-preserving alternatives” via Privacy Sandbox APIs — After much back and forth, Google has decided to keep third-party cookies in its Chrome browser.
Discussion:
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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 the network keeps them.
Discussion:
@tntsportsus, MediaPost, Variety, New York Times, CNBC, Sports Business Journal, The Wrap, @mattbelloni, Front Office Sports, The Streamable, Media Play News, Cord Cutters News, CNN, Awful Announcing, Adweek, Sportico, @benjstrauss, @sherman4949, @sherman4949, @mgsiegler, @alexweprin, The Hill, Los Angeles Times, USA Today, The Information, @ourand_puck, Sports Media Watch and Next TV
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.
Discussion:
The Verge, Reddit Upvoted, Bloomberg, Sherwin Su on LinkedIn, Cord Cutters News, @amir, Quartz and Reuters, more at Techmeme »
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 …
Discussion:
The Independent, @evandxle, @paulanthonytho6, @markkleinmansky, The Guardian, The Independent and Reuters
Charlotte Tobitt / Press Gazette:
Free London paper City AM says Christian May will return as EIC after four years away, and signs a deal to provide business and financial news to Reach titles — City AM will provide business and financial news for many of Reach's biggest newspaper titles including the Daily Express.
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 the 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.
Discussion:
Associated Press, Radio Free Europe/Radio …, CNN, @freedomofpress, @pressgazette, European Federation …, @bentavener, @samberkhead, CNN, @hadas_gold, @bbcstever, BBC, The Guardian, @janlipavsky, Voice of America, New York Times, @reidstan, Reuters, @rebecca_vincent, @samagreene, CBS News, Committee to Protect … and USAGM
Bloomberg:
Sources: AMC Entertainment reached an agreement with creditors that includes restructuring its debt and moving US theaters into a different unit of the company — The asset shift would move the theaters' value out of the reach of some creditors and allow the company to exchange existing debt …
Discussion:
@lucas_shaw, The Hollywood Reporter, Deadline and Variety
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 …
Discussion:
The Wrap, The Information, Financial Times, Broadband TV News, Advanced Television, Next TV, Deadline, The Hollywood Reporter and WORLD SCREEN
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 …
Discussion:
@semaforben, @reedalbergotti and Talking Biz News
Bloomberg:
A look at Comcast's bet on the Paris Olympics, which executives hope will greatly elevate Peacock against Netflix and Disney+; Peacock has exclusive US rights — - US viewers will be able to see every Olympic event on Peacock — Coverage of Games will promote Peacock original programming
Discussion:
E! Online, @lucas_shaw, The Streamable, Media Play News, IndieWire and Rolling Stone
Mark Sweney / The Guardian:
Vivendi plans to list its French TV business Canal+ in London and advertising company Havas in Amsterdam, as part of a drive to break up the media conglomerate — Media group controlled by Vincent Bolloré to break up, with advertising company Havas to list in Amsterdam
Discussion:
Broadband TV News, Reuters, Advanced Television, Financial Times, The Media Leader and Bloomberg
The Information:
Condé Nast sends a cease-and-desist letter to Perplexity, accusing it of plagiarizing its content, a month after Forbes sent a similar letter to the AI company — Magazine giant Condé Nast has sent a cease-and-desist letter to artificial intelligence search engine Perplexity …
Discussion:
Engadget, @steph_palazzolo and MediaPost