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New York Times:
Sources: Paramount extends its deadline for sales talks until early September to evaluate Edgar Bronfman Jr.'s new bid, which could shake up the Skydance deal — Edgar Bronfman Jr. and his bidding group now have until September to sell Paramount on their offer.
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Wall Street Journal:
Sources: Edgar Bronfman Jr. raises his Paramount bid to $6B, adding $1.7B to let non-Redstone, nonvoting Paramount shareholders cash out at $16 a share — The bid gives non-Redstone, nonvoting Paramount shareholders an option to sell shares at a premium — Edgar Bronfman Jr. has sweetened …
Liam Reilly / CNN:
Unions and some state senators criticize Google's plan for a California local news fund, which stalled bills that would have forced Big Tech to fund journalists — New York CNN — — Google struck a first-in-the-nation deal with California lawmakers on Wednesday to fund newsrooms …
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Politico:
Google and California strike a deal to jointly contribute $125M+ over five years to support local news; the deal also includes support for an AI project
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KQED, Editor and Publisher, Associated Press, a14.asmdc.org, CalMatters, Whither news?, The Verge, The Information, UPI, Los Angeles Times, @jamesqueallylat, @eytanwallace, @eytanwallace, @eytanwallace, @davidfolkenflik, @eytanwallace, @eytanwallace, @gaufre, @jeffjarvis, @jeffjarvis, MediaPost, Media Guild of the West and Engadget, more at Techmeme »
Bilge Ebiri / Vulture:
Lionsgate recalls its trailer for Francis Ford Coppola's Megalopolis that used fake quotes from multiple critics, and apologizes “for this inexcusable error” — Since this story published, Lionsgate has taken the trailer down and issued an apology: “Lionsgate is immediately recalling our trailer for Megalopolis.
Discussion:
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Lauren Irwin / The Hill:
Judy Woodruff apologizes for saying she had read reports that Trump urged Israel's PM not to cut a deal to end fighting in Gaza because it would help Harris — PBS NewsHour senior correspondent Judy Woodruff issued an apology Wednesday after her comments about former President Trump's role in Gaza cease-fire talks sparked criticism.
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The New York Times Company:
The NYT hires Vox Media exec Amanda Kludt, who built up Eater, as senior editor overseeing Projects and Initiatives, working across the newsroom and company — Amanda Kludt joins The Times next month to oversee an innovative team that works across the newsroom and the company.
Discussion:
@nytimespr and @edmundlee@threads.net
Peter White / Deadline:
Sources: Chick-Fil-A plans to launch a slate of original media productions for its own streaming platform and has worked with studios on family-friendly shows — Deadline understands that the fast-food firm has been working with a number of major production companies, including some of the studios …
Discussion:
The Ankler, Business Insider, Neal Zuckerman on LinkedIn, Fortune, @mikebeauvais, @tomzohar, @adamjohnsonchi, The Verge, New York Post, @aaronserna, @mikeorren, Axios, The Overspill, The Hill, Los Angeles Times, Mashable, @chrisvalentino0, @cafastfoodunion, @deadline, @deadline, @deadline, @c_a_huggins, @mfg_iwpj, Too Much TV Newsletter, Variety, @kennysmith.bsky.social, Ars Technica, Vibe, @LilahTovMoon@tech.lgbt, CBR, Vanity Fair, AV Club, @sleestak.bsky.social, The Daily Beast, The Desk, Streaming Better, @acidrains.bsky.social, Quartz, SlashFilm, The Media Leader and Cord Cutters News
Evelyn Okakwu / Committee to Protect Journalists:
In Nigeria, Kenya, and Senegal, journalists have been targeted, assaulted, and detained by security forces as they covered anti-government protests — “He hit me with a gun butt,” Premium Times newspaper reporter Yakubu Mohammed told the Committee to Protect Journalists …
Discussion:
Reporters Without Borders, The Intercept and Voice of America
Patrick Frater / Variety:
Chinese streamer iQiyi reports Q2 revenue down 5% YoY to ~$1.04B and net profit down 80% YoY to ~$9.6M, as subscription revenue shrinks for a second quarter — China-based video streaming company iQiyi recorded a 5% decrease in revenue in the second quarter and an 80% plunge in net profits.
Reuters:
Russia's FSB opens criminal cases against British CNN reporter Nick Paton Walsh and two Ukrainian journalists for illegally entering Russia to report from Kursk — Russia's FSB security service said on Thursday it had opened a criminal case against a journalist working for CNN …
Discussion:
CNN, The Moscow Times, Al Jazeera and Politico
Amanda Meade / The Guardian:
David Anderson, head of the Australian Broadcasting Corporation, plans to step down in 2025 after ABC finds a managing director, after a 35-year career at ABC — In a note to staff Anderson - who was first appointed to role in 2019 - says it was an honour and privilege to lead the ABC
Clemmie Moodie / The Sun:
The BBC says soccer presenter Jermaine Jenas is “no longer part of the presenting line-up”; source: the BBC terminated his contract after behavior complaints — JERMAINE Jenas has been fired by the BBC and taken off air from both Match of the Day and The One Show following complaints about “inappropriate behaviour”.
Discussion:
Variety, The Mirror, BBC, Sky News, @scotteaglen, London Evening Standard, Daily Express, The Independent, Telegraph, Metro.co.uk, Deadline, @julian5news and HuffPost
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