Top News:
Todd Spangler / Variety:
Nielsen: in July, for the first time, streaming had the largest share of US TV viewing at 34.8%; cable and broadcast had 34.4% and 21.6%, respectively — Americans now watch more stuff on TV from streaming services than either broadcast or cable TV. — Streaming platforms, led by Netflix …
RELATED:
Alex Barker / Financial Times:
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV
Discussion:
Ofcom, Ofcom, @jimwaterson, Media Play News, Future News & Media, @elipariser, @ofcom, @ofcom, @faris, BBC, @stokel, @1br0wn, 9to5Mac, Daily Mail and Fortune
Gerry Smith / Bloomberg:
Penn Entertainment Inc., owner of 36% of Barstool Sports, is buying the remaining shares of the sports and culture outlet, gaining full control by February 2023 — Penn Entertainment Inc. is acquiring the remaining shares of Barstool Sports that it doesn't already own …
Discussion:
@stevekrak, @markjburns88, Barrett Media and Casino.org
Dade Hayes / Deadline:
Sinclair will roll out its direct-to-consumer streaming service Bally Sports+ on September 26, on iOS, Android, Android TV, tvOS, and at BallySports.com — Capping a challenging multi-year development process, Sinclair Broadcast Group's regional sports unit has set September 26 …
Discussion:
Bally Sports, @justinctoscano, @jefffletcherocr, TechCrunch and Awful Announcing
Wilson Chapman / Variety:
HBO plans to remove ~36 titles from its service as early as this week, citing the pending Discovery+ merger; the move will likely help cut costs and residuals — HBO Max will remove almost 36 titles from its service as early as this week, Variety has confirmed.
Discussion:
SlashFilm, CBR, Deadline, @bjhiddenjokes, Looper, TechCrunch, @morganwick and @bags
Michael Smith / Sports Business Journal:
The Big Ten conference finalizes media rights contracts with CBS, Fox, and NBC totaling $8B+ over seven years, almost 3x more than the previous contract — The Big Ten has finalized media rights contracts with CBS, Fox and NBC that will total more than $8 billion over seven years …
Discussion:
Awful Announcing, The Streamable, New York Times, The Wrap, Ad Age, @bigten, Write For California, Wall Street Journal, @jondmiller, @rltsports, @rodger, Sports Illustrated, @frankthetank111, Media Play News, The Hollywood Reporter, Barrett Media, @themontaggroup, @mediumbuying and @kendallrogers
Mark Gurman / Bloomberg:
Netflix iOS app code suggests the ad-supported tier, arriving in early 2023, won't let users download shows for offline viewing or skip ads — Netflix Inc. isn't planning to let users of its new ad-supported tier download shows and movies to their devices for offline viewing …
Alex Barinka / Bloomberg:
As part of its ban on political ads, TikTok will remove paid political posts by influencers; election-related posts will be reviewed and could be throttled — TikTok is reinforcing its ban on influencers on posting paid political content, one of the steps the social network is taking to shore …
Discussion:
TikTok, The Verge, Insider, @kellymakena, Newslit Daily, Axios, @fatimagaw, @russellbrandom, @tiktokcomms, @kellymakena, @rasmus_kleis, @yoda, The Wrap and Tubefilter, more at Techmeme »
J. Clara Chan / The Hollywood Reporter:
Apple Podcasts adds charts for the top 100 most-subscribed shows and channels available on the service but will not release specific subscriber numbers — Wondery+ is the most-subscribed channel offered on Apple Podcasts.
Esther Kezia Thorpe / Media Voices:
A look at the growth of print subscriptions for news-focused magazines with little advertising in the UK, including The Economist, The Spectator, and The Week — The stereotypical print magazine is jam-packed with advertising. September issues of fashion magazines in particular used …
Thomas Seal / Bloomberg:
GB News co-founders Andrew Cole and Mark Schneider and Warner Bros. Discovery will sell their stakes in GB News as part of a £60M fundraising round — Warner Bros. Discovery Inc. will sell its stake in British television startup GB News as part of a £60 million fundraising round.
Discussion:
Variety, The Guardian, @jimwaterson, @jimwaterson, Broadband TV News, Deadline, The Hollywood Reporter and @chrismsutcliffe
Ted Johnson / Deadline:
Vice World News will launch a news channel on Twitch, with two-hour live shows on Tuesdays and Thursdays, starting at 11am ET on August 23 — Vice World News will launch a news channel on the streaming platform Twitch, with plans for live shows twice a week.
Discussion:
@katiedrumm, @macklamoureux and Adweek
Janko Roettgers / Protocol:
A look at Netflix's gaming initiative: experimenting with ways to surface games to subscribers, hiring for a cloud gaming service, acquiring studios, and more — Netflix's foray into gaming is dead on arrival — at least according to the latest headlines about the company's first few mobile games.
Discussion:
@jank0, @nickstatt and @jank0, more at Techmeme »