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Allen & Co.'s annual Sun Valley conference begins on July 5 featuring Warner Bros. Discovery, Disney, Netflix, and more, as financial woes dampen dealmaking — As fleece-clad billionaires—and newcomers like Bari Weiss—flock to Idaho this week, Sun Valley fixtures are buzzing about Netflix's future …
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To cut costs, HBO will cease producing HBO Max originals in the Nordics, Central Europe, the Netherlands, and Turkey and will also remove some HBO Max content — As the media conglomerate looks to recalibrate its streaming priorities, it will no longer produce originals in the Nordics …
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IBT Media sues Newsweek and its CEO, seeking to cancel the 2018 deal to spin out Newsweek, which IBT claims was a PR stunt to shield the magazine from bad press — IBT Media is asking a New York court to cancel a 2018 deal in which Newsweek was spun off as an independent company …
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@zzzzaaaacccchhh, @mathewi, @film_girl, @moorehn, @naveedajamali, @petersgoodman, @natsecjeff, @sivavaid, @jeffjarvis, @bmorrissey, @mattgertz, @petersterne and MediaPost
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Sources: TikTok abandons plans to expand its TikTok Shop live e-commerce program to Europe and the US, after internal problems and a lack of traction in the UK — Chinese-owned social media platform's foray into livestream shopping in the UK has struggled to gain traction
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The CPJ says the US should ensure accountability in Shireen Abu Akleh's killing, after the US said a probe found no reason to believe her death was intentional — The U.S. government should ensure that those responsible for the killing of Palestinian American journalist Shireen Abu Akhleh …
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EU lawmakers pass the Digital Services Act and the Digital Markets Act, seeking to regulate US tech giants, but limited resources could hamstring enforcement — EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in the power of tech giants such as Alphabet (GOOGL.O) …
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LinkedIn, @bertuzluca, Input, Gizmodo, Bloomberg, @tariqkrim, @thierrybreton, 9to5Mac, AppleInsider, European Parliament, @carnage4life, @slightlylate and MacRumors, more at Techmeme »
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In a Reuters interview from jail, the man accused of detonating the car bomb that killed Maltese journalist Daphne Caruana Galizia confesses to the crime — The man accused of detonating a car bomb that killed a prominent Maltese journalist has confessed to the crime in an interview …
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@stephengrey, The Daily Beast, @sarah_m_clarke, The Guardian, @rebecca_vincent, @w7voa, @globalfreemedia, @wonderymedia and Politico
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Bloomberg News' investigations team adds five members, including four from BuzzFeed News: Anthony Cormier, Jason Leopold, Kendall Taggart, and Alex Campbell — Bloomberg senior executive editor Otis Bilodeau and executive editor Robert Blau sent the following memo to Bloomberg's investigations team on Tuesday:
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@jasonleopold, @kendallttaggart, @georgewpapajohn, @kenbensinger, @levinecarrie, @sarahfrier, @katherineeban, @coreygjohnson and @kantrowitz
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David Crosby, Stephen Stills, and Graham Nash's music returns to Spotify, after they removed it in February in solidarity with Neil Young's Joe Rogan protest — Of the news, David Crosby said: “I don't own it now and the people who do are in business to make money”
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Canada's CBC News plans to launch a free, ad-supported streaming news channel for local, national, and current affairs, on digital and TV platforms this fall — CBC News announced on Thursday it will be launching a new ad-supported streaming channel across its digital platforms this fall.
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@greenfield64 and @jackshafer
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The Associated Press reopens its Gaza Strip bureau in a new location over a year after an Israeli airstrike destroyed the building housing its former office — Over a year after the building housing the news agency's Gaza bureau was destroyed in an Israeli airstrike, The Associated Press announced today …
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Mediaite, @katzonearth, @rosiescammell, @hallamohieddeen, @juliepace and Jewish Telegraphic Agency
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French music streamer Deezer goes public via a SPAC merger on the Euronext stock exchange, opening at €8.50 per share before dropping 29.41% to €6 — Shares of French music-streaming platform Deezer plunged as much as 35% on its first trading day, in a blow to telecoms maverick Xavier Niel …
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Music Business Worldwide and Light Reading, more at Techmeme »