Top News:
The Wrap:
Document: Edgar Bronfman Jr.'s Paramount bid is backed by a group of 19 investors including Fortress, Brock Pierce, and producer Steven Paul — Kazakh investor Nurali Aliyev joins Fortress and producer Steven Paul in the last minute $4.3 billion bid — Cryptocurrency mogul Brock Pierce …
Discussion:
TVNewsCheck and Deadline
RELATED:
Sara Fischer / Axios:
Source: Edgar Bronfman Jr. has raised $5.5B for a bid for National Amusements, and plans to submit a bid higher than his initial $4.3B offer in the coming days
Discussion:
Advanced Television, Broadband TV News, The Wrap, Commercial Observer, @sarafischer, AV Club, Front Office Sports, New York Post, Reuters, Gordon Geist on LinkedIn, Financial Times, Deadline, The Guardian, The Streamable, The Media Leader, The Hill, Quartz, Ad Age, Los Angeles Times, Music Business Worldwide, New York Times, The Desk, Variety and The Hollywood Reporter
Tommy Craggs / Bloomberg:
How the end of a federal ban on sports gambling transformed the way sports media is funded and changed what kind of stories get covered and published — The $10 billion industry transformed how sports media is funded—and written. — Few journalists embody the gambling industry's capture …
Discussion:
CommonWealth Beacon, @ghaleonq, @patrickhayes_13, @tcraggs22, @albertburneko, @kevinmdraper and @travis_waldron
Editor and Publisher:
A draft plan circulating among California lawmakers and media leaders would create a Local News Fund with Google and state money, run by a board at UC Berkeley — Following years of legislative work, a draft deal between Google, Gov. Gavin Newsom and Assemblymember Buffy Wicks …
Catherine Perloff / Adweek:
Sources and docs: sales reps say Google's targeting of teen minors goes beyond Meta; Google lets advertisers target an “unknown” group that skews toward teens — This activity is broader than the agreement between Google and Meta that the FT reported this month
Associated Press:
Police in Pakistan charge a man with cyberterrorism, accusing him of spreading misinformation about the identity of the attacker in the Southport stabbing — Web developer in Lahore charged with cyberterrorism, after riots thought to have been fuelled by false reports online
Discussion:
Reuters, UPI, London Evening Standard and The Guardian
Georg Szalai / The Hollywood Reporter:
Paramount and Canal+ unveil an updated deal under which Canal+ subscribers in France get Paramount+ at no additional cost — Under the updated deal, Canal+ subscribers can access Paramount+ at no additional cost, no matter which subscription plan they have.
Discussion:
Advanced Television, WORLD SCREEN, Broadband TV News and Engadget
Tabitha Mueller / The Nevada Independent:
WBD commits $500M+ annually for productions in Nevada over 17 years as part of a UNLV film studio partnership, if the state expands its film tax credits in 2025 — The entertainment studio promised $8.5 billion in investments over 17 years, contingent upon the expansion of film tax credits in the Silver State.
Anna Gross / Financial Times:
Ofcom says it has 460+ people working on enforcing the Online Safety Act and plans to grow that by 20% to 550+ by March 2025, or 33% of its 1,500 total staff — Online safety rules in the spotlight after violent unrest sparked by spread of misleading news on social media
Discussion:
@paulmarsha11 and @jakdaw09
Bron Maher / Press Gazette:
The UK's Evening Standard tells staff it will move to a weekly print publishing schedule, starting on Thursday, September 26, and rebrand as The London Standard — The Evening Standard print newspaper will rebrand as The London Standard when it goes weekly next month as it returns to a focus on news and analysis from the city.
Kate Knibbs / Wired:
Condé Nast agrees a multiyear deal with OpenAI, letting ChatGPT and SearchGPT surface stories from The New Yorker, Vogue, Vanity Fair, Bon Appetit, and Wired — The media company joins The Atlantic, Axel Springer, Vox Media, and a host of other publishers who have partnered with OpenAI.
Discussion:
@nyguild, @claremalone, Press Gazette, Business Insider, @goodbyealma, @clarajeffery, @bigblackjacobin, @claremalone, Condé Nast, @knibbs, @ednewtonrex, @knibbs, @acwardblueridge@threads.net, Neowin, The Guardian, @kennysmith@mstdn.social, Engadget, The Wrap, TechCrunch and Katie Drummond on LinkedIn, more at Techmeme »
Dan Sullivan / Tampa Bay Times:
Bala Sundaramoorthy, ex-GM of The Atlanta Journal-Constitution, will become president and COO of Tampa Bay Times' parent on October 1, succeeding Joe DeLuca — Bala Sundaramoorthy, former general manager of the Atlanta Journal-Constitution, will serve as the company's president and chief operating officer.
Discussion:
Conan Gallaty on LinkedIn, Editor and Publisher and MediaPost
Hoda Sherif / The Nation:
Four journalists discuss how their reporting on Gaza was restricted, bias in newsrooms they worked in, and how being Palestinian impacted their work — There is often a high price to be paid when journalists try to tell Palestinian stories. — Pocket — In the heart of Gaza's ruins …
Discussion:
@tulikabose_, @tulikabose_, @lukeoneil47, @jackmirkinson and @sahar_fatima
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