Top News:
Bloomberg:
Together, the NBA's deals with Disney's ESPN and Comcast's NBC are expected to generate $76B over 11 years, with Amazon paying about $1.8B annually — The National Basketball Association announced new long-term TV contract with Amazon.com Inc., spurning a last minute effort by Warner Bros. Discovery Inc …
Discussion:
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Alex Weprin / The Hollywood Reporter:
The NBA declines WBD's effort to join the set of rights packages built for Amazon, Disney, and NBCUniversal, saying WBD's proposal did not match Amazon's offer — The company had proposed to match Amazon's $1.8 billion per year bid for NBA games. … “Warner Bros. Discovery's most recent proposal …
Discussion:
Variety, Adweek, The Desk, Awful Announcing, CNN, TVLine, TMZ.com, About Amazon, The Information, Los Angeles Times, @ourand_puck, @ourand_puck, Deadline, @edludlow, @ajassy, @jimmytraina, @ourand_puck, @ourand_puck and Sports Media Watch
Rick Porter / The Hollywood Reporter:
The WNBA's deal with Disney, NBC, and Amazon, which is reportedly worth ~$200M/season, includes more national telecasts and an increased global reach — The three companies, which also will carry the men's NBA, will offer more national telecasts and an increased global reach for the league.
Discussion:
The Wrap, New York Times, TVNewsCheck, The Official Home of the WNBA and Cord Cutters News
New York Times:
Doc: Rupert Murdoch wants to change his family trust to ensure Lachlan Murdoch stays in charge of the media empire; three other siblings are fighting the move — Rupert Murdoch, the patriarch, has moved to change the family's irrevocable trust to preserve his media businesses as a conservative force.
Discussion:
Sharon Klyne on LinkedIn, Charlie Middleton on LinkedIn, @philthepill.wtf, @jasjwright, @bn_thr_dn_tht, @mattsheffield, @michaelroston, @davidfolkenflik, @tomgara, @michaelroston, @michaelroston, @jimrutenberg, @billbarrowap, @farhip, @jeffjarvis@mastodon.social, @profdaly@threads.net, @annmlipton@esq.social and @GottaLaff@mastodon.social
Emanuel Maiberg / 404 Media:
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, and others are not showing recent results from Reddit — DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.
Discussion:
9to5Google, The Verge, Digital Trends, WebProNews, Engadget, @thetymonbay, @pranesh, The Verge, Sherwood News, @emanuelmaiberg, @aetataureate@gamedev.lgbt, @megangra, @josephfcox, @vxunderground, @chronotope, @danielahanley, @hbkirb, @ryanorban, @orizilbershtein and Hacker News, more at Techmeme »
Chloe Meley / Bloomberg:
Informa agrees to buy Ascential, the owner of the Cannes Lions and Money20/20 conferences, for ~£1.2B in cash, or £5.68/share, a 53% premium on Monday's close — Informa Plc has agreed to buy Ascential Plc, the owner of the Money20/20 and Cannes Lions conferences …
Discussion:
Reuters, MediaPost, Nagib A. on LinkedIn, City A.M., PRWeek, MediaPost, Press Gazette, Financial Times and Reuters
Variety:
A Prime Video India-commissioned report finds that India is attracting ~$6B per year in local content investments, or $4 per head vs. $370 per head in the US — Indian streaming series such as Netflix's “Heeramandi,” Prime Video's “Mirzapur” or Disney+ Hotstar's “Bad Cop,” could soon be more influential than Bollywood.
Discussion:
@lucas_shaw, Bloomberg and Deadline
Melanie Goodfellow / Deadline:
France's Arcom regulator will not renew the TNT frequencies of Canal+ Group's controversial channel C8, which was fined €7.6M for lack of political plurality — Controversial French free-to-air channel C8, a subsidiary of Vivendi's Canal Plus Group, is set to lose its TNT frequency …
Discussion:
Variety, Financial Times, GB News and Reporters Without Borders
Amanda Meade / The Guardian:
Journalists at Nine newspapers Sydney Morning Herald and the Age plan to strike during Olympics if their demands, including a higher pay rise, aren't met — Reporters will walk off job from Friday - affecting Paris Games coverage - unless union demands are met during Wednesday afternoon meeting
Discussion:
Sydney Morning Herald and Australian Financial Review
Amanda Meade / The Guardian:
Some of News Corp's most experienced journalists in Australia, including Sue Dunlevy, have been made redundant, as the outlet cuts its national reporting team — Murdoch's Australian arm has quietly slashed tens of millions of dollars in costs to counter a slow advertising market and loss of revenue from Meta deal
Discussion:
@mark_melbin@mastodon.online
Todd Spangler / Variety:
MLB launches a streaming service for MLB Network in the US for $5.99/month, no cable TV subscription required; live games will be subject to local blackouts — Major League Baseball has a new way to get fans to pay to catch the streaming action of America's pastime.
Discussion:
The Wrap, MLB.com, Awful Announcing and Cord Cutters News
Adam B. Vary / Variety:
San Diego's Comic-Con, from July 25-July 28, is expected to draw more than 130,000, after back-to-back pandemic cancellations and the SAG-AFTRA strike — Last year, the organizers of San Diego Comic- Con were eager to put on their annual event sans pandemic cancellations or COVID protocols …
Discussion:
@variety, AV Club, San Diego Union-Tribune and Forbes
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