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12:30 AM ET, August 28, 2024

Mediagazer

 Top News: 
Patrick Svitek / Washington Post:
Todd Spangler / Variety:
Jason and Travis Kelce sign a deal with Amazon's Wondery for rights to their popular New Heights podcast; a source says the three year deal is worth $100M+  —  Three-year pact gives Wondery rights to ad-sales, distribution and more to NFL stars' weekly show
New York Times:
Edgar Bronfman Jr. drops his 11th-hour bid to take control of Paramount and buy National Amusements; sources: Bronfman couldn't offer proof of financing in time  —  Mr. Bronfman has frantically put a bid together over the last week even as Paramount raised questions about his financing.
RELATED:
Christopher Palmeri / Bloomberg:
Sources: Disney is in contract renewal talks with DirecTV that could see ABC, ESPN, and other channels blacked out as early as September 1 if no deal is reached  —  DirecTV is looking to ease contract terms that have long required cable and satellite-TV distributors to charge customers …
Manish Singh / TechCrunch:
India telecom Bharti Airtel partners with Apple to offer exclusive deals for Apple Music and Apple TV+ later this year; Airtel will shut down its Wynk music app  —  Apple has struck a deal with Airtel to provide the Indian telecom giant's subscribers with exclusive offers for its music streaming service.
Advanced Television:
WBD's Max says it will launch CNN International in 22 European countries on August 29 and will include CNN's simulcast of the ABC News presidential debate  —  Max, Warner Bros Discovery's streaming platform, will launch the CNN International 24/7 live channel feed in 22 European countries across Spain …
Chris Eggertsen / Billboard:
Spin returns to print as a quarterly magazine after being out of circulation since late 2012; Bob Guccione Jr., who founded the publication in 1985, is the EIC  —  After more than a decade out of circulation, SPIN is returning to print as a quarterly magazine, the media brand announced Tuesday …
Discussion: @oneunderscore__ and Head Topics
Sara Fischer / Axios:
Gallery Media Group's CEO says the company, which owns PureWow and over 50 lifestyle brands primarily on social media, plans to end 2024 with $50M in revenue  —  - Its executives credit cautious spending, smart owners and a relentless focus on their consumers.
Kerry Flynn / Axios:
Last week BuzzFeed launched a BuzzFeed Arcade redesign, Vulture released an archive of its game Cinematrix, and Mashable partnered with Arkadium to offer games  —  - BuzzFeed launched a redesign for BuzzFeed Arcade, home to Pyramid Scheme, AI generators and other games.
 
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 More News: 
Blake Brittain / Reuters:
A judge reverses a jury's $600K verdict that Disney misused Rearden's tech in Beauty and the Beast, saying it couldn't have known its contractor was misusing it
Discussion: Plagiarism Today
Jon Brodkin / Ars Technica:
A US federal judge orders Missouri's AG to halt his probe into Media Matters' November 2023 X ads report, after a similar order against Texas' AG in April 2024
 Earlier Picks: 
Siobhan Hughes / Wall Street Journal:
In a letter to Rep. Jim Jordan, Mark Zuckerberg says he regrets Meta wasn't more outspoken about Biden administration pressure to restrict some COVID-19 content
Ivan Mehta / TechCrunch:
Tidal introduces free tools to let US songwriters track royalties and claim and manage their catalog on the service
Maxwell Zeff / TechCrunch:
Viggle, developer of 3D-video foundation model JST-1, raised a $19M Series A led by a16z; Viggle says the model is trained on public sources, including YouTube
Mia Sato / The Verge:
Gannett is shutting down its product reviews site Reviewed, sources say on November 1; staff previously accused Gannett of publishing AI-generated reviews
Alex Weprin / The Hollywood Reporter:
Memo: ESPN outlines a reorganization, including promoting David Roberts to oversee sports news and entertainment, and plans to cut “a few dedicated colleagues”