Top News:
Daniel Thomas / Financial Times:
The BBC reports 2024-25 revenue up 9% YoY to £5.9B and a £132M operating deficit, down from £263M in 2023-24; DG Tim Davie admits BBC “mistakes” after scandals — National broadcaster's deficit almost halved to £132mn last year
Discussion:
Sky News, The Guardian, BBC, The Hollywood Reporter, Daily Mail, Mirror, Variety and Deadline
RELATED:
Michael Savage / The Guardian:
The BBC reports 23.8M licenses at the end of 2024-25, down from 24.1M in 2023-24, and license fee income of £3.8B after an inflationary fee rise, up from £3.7B
Advanced Television:
BBC Commercial reports 2024-25 revenue of £2.2B, up from £1.9B in 2023-24, with BBC Studios EBITDA up 11% YoY to £225M and media and streaming revenues up 43%
BBC Commercial reports 2024-25 revenue of £2.2B, up from £1.9B in 2023-24, with BBC Studios EBITDA up 11% YoY to £225M and media and streaming revenues up 43%
Discussion:
Broadband TV News, @bbcstudiospress, Broadcast, Variety and The Hollywood Reporter
Charlotte Tobitt / Press Gazette:
In 2024-25, 50 on-air BBC journalists earned above £178K, up from 46 in 2023-24; Nick Robinson and Fiona Bruce were the top-paid following Huw Edwards' exit
In 2024-25, 50 on-air BBC journalists earned above £178K, up from 46 in 2023-24; Nick Robinson and Fiona Bruce were the top-paid following Huw Edwards' exit
Discussion:
Sky News, The Independent, Radio Times, SPORTbible, BBC, The Sun, Mirror, Deadline, Telegraph, BBC, BBC, Mirror, BBC, GB News and GB News
Matthew Keys / TheDesk.net:
IAB survey: 86% of digital ad buyers use or plan to use generative AI for video ad creation, and expect it will account for 40% of all video ads by 2026 — More than half of advertisers are using generative AI to create spots, the IAB concludes in its latest report.
Discussion:
IAB, Inside Radio, TV Tech, Marketing Brew and MarTech
Todd Spangler / Variety:
Internal memo: NYT Culture Editor Sia Michel says four critics, including long-time music critic Jon Pareles, will be reassigned as the section seeks new voices — The New York Times is revamping its lineup of arts and entertainment critics — replacing four of the paper's TV …
Sara Fischer / Axios:
Lee Enterprises adds a $4.99-per-month “temporary” surcharge to its newspaper subscriptions, citing inflation and global tariffs — Lee Enterprises, one of the last remaining independent local newspaper companies, has added a $4.99 per month “temporary” surcharge to its newspaper subscriptions …
Discussion:
@kennysmith.bsky.social, New Republic and CBS News
Melanie Goodfellow / Deadline:
CNN's Jeremy Diamond says Israeli settlers in the West Bank attacked the car he was in while on assignment; a Deutsche Welle team was attacked there on July 4 — CNN Jerusalem Correspondent Jeremy Diamond has reported that Israeli settlers attacked the car that he and his crew were traveling …
Discussion:
Jewish Telegraphic Agency, Jerusalem Post, New York Times, CNN, @jdiamond1, Al Jazeera and Reuters
Rick Porter / The Hollywood Reporter:
Nielsen: broadcast TV made up 18.5% of viewing in June, the first time it has fallen below 20% since Nielsen began tracking TV use by platform four years ago — Netflix, led by ‘Ginny & Georgia,’ has a strong June and streaming once again outpaces traditional TV.
Discussion:
New York Times, Adweek, Multicast News, TV Tech, TheDesk.net, WWD, Nielsen, Le·gal In·sur·rec·tion, Deadline, Media Play News, Advanced Television, The Wrap, TVNewsCheck and The Hill
Andy Maxwell / TorrentFreak:
Cloudflare starts blocking access to pirate sites in the UK; previously, blocking was almost entirely done by local ISPs — Cloudflare has become the first internet intermediary beyond local residential ISPs, to block access to pirate sites in the UK. Users attempting to access certain pirate sites …
Discussion:
ISPreview UK, more at Techmeme »
Peter White / Deadline:
HBO and HBO Max tops Emmy nominations with 142, a record for HBO, Disney gets 128 across all its platforms, Netflix lands 121, and Apple scores 79 — The Warner Bros. Discovery network scored 142 Emmy nominations, compared to 121 for Netflix. — This marks the most Emmy nominations HBO …
Discussion:
DAWN.COM, The Hollywood Reporter, IndieWire, Variety, Collider, Forbes, Vulture, IGN, CNN, BGR, About Amazon, Associated Press, Extra, The A.V. Club, Gold Derby, Axios, MacTech.com, Justin Stockman on LinkedIn, The Wrap, Teen Vogue, InDaily, Inside Queensland and Full Feed
Jennifer Maas / Variety:
Roblox launches a licensing platform to help IP rights holders collaborate with creators, with Lionsgate, Netflix, Sega, and Kodansha as founding partners — Roblox is launching a new licensing platform to streamline the process for IP rights holders to partner with creators on the gaming platform.
Discussion:
The Verge, Gameranx, MediaPost, Simply Wall St, Game File, Tubefilter, Benzinga, Reuters, Roblox Corporate and Deadline, more at Techmeme »
David Bauder / Associated Press:
Nextdoor unveils a redesign and a partnership with 3,500+ local news providers across the US, the UK, and Canada that will contribute material to the app — Nextdoor, the social media site that aims to create connections among neighbors, is trying to shake off an uneven past and a nagging sense it is being underutilized.
Sara Fischer / Axios:
Fox News will license the Ruthless podcast, hosted by veteran Republican staffers, and creates a “new media” division to house its opinion and non-news podcasts — Fox News has reached a business and editorial licensing deal with the “Ruthless” podcast, a variety program hosted by veteran Republican staffers.
Discussion:
Variety, Inside Radio, Mediaite, The Wrap, Fox News, TheDesk.net and Barrett Media
ITV News:
The UK lifts an unprecedented two-year superinjunction that prevented media from revealing a data breach containing the names of Afghans applying for relocation — An unprecedented superinjunction prevented the public from finding out thousands of Afghans were being relocated to the UK …
Discussion:
GB News, Breitbart, Reuters, @jonsopel, Sky News, Washington Examiner, PodcastingToday, LBC, GOV.UK, Politico, The News Agents on YouTube, Financial Times, Metro.co.uk and The Times
Lillian Rizzo / CNBC:
SiriusXM launches SiriusXM Play, its first ad-supported subscription plan, currently available on a limited basis for less than $7 per month — SiriusXM, the audio entertainment company that's long been known as a commercial-free option for in-car radios, is betting on advertising to propel its business.
