Mediagazer: Timbaland and Swizz Beatz sue Triller, alleging the short-form video app owes them $28M+ after acquiring live-streaming music series Verzuz and missing payments (Taylor Lorenz/Washington Post)

9:45 PM ET, August 17, 2022

Top News:

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 survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends

Discussion: Ofcom, Ofcom, @jimwaterson, BBC, Future News & Media, @elipariser, 9to5Mac, @stokel, @ofcom, @ofcom, @1br0wn, @faris, Daily Mail and Fortune, more at Techmeme »

K.J. Yossman / Variety:

Ofcom's annual Media Nations report shows the UK streaming sector made £2.7B profit in 2021, up 27% YoY; 5.2M UK homes subscribe to Netflix, Prime, and Disney+ — The streaming sector in the U.K. made profits of £2.7 billion ($3.3 billion) in 2021 - a year-on-year increase of 27% …

Discussion: What's On Disney Plus, Press Gazette, Bloomberg and Deadline

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 …

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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, @kellymakena, Mediaite, The Wrap, The Register, @fatimagaw, @tiktokcomms, Tubefilter, @rasmus_kleis, @kellymakena, @yoda and @russellbrandom, more at Techmeme »

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, Awful Announcing and TechCrunch

Sara Fischer / Axios:

Meta updates its political ads policy before the US midterms, including banning edits for political, social, and electoral ads running one week prior — - Ads that present new claims in the final days of an election may be difficult to contest or fact-check in time.

Discussion: Meta, @katieharbath, The Guardian, @katieharbath, @nickclegg, @ohhkaygo, CNET, @kurtwagner8, @shgeldz, Protocol, @reganopel, @metanewsroom, Adweek, 9to5Mac, @sarafischer, Politico and Bloomberg, more at Techmeme »

Taylor Lorenz / Washington Post:

Timbaland and Swizz Beatz sue Triller, alleging the short-form video app owes them $28M+ after acquiring live-streaming music series Verzuz and missing payments — Triller bought music series Verzuz for an undisclosed sum in January 2021. Now its creators say they're still owed money.

Mark Gurman / Bloomberg:

Code inside the Netflix iPhone app suggests that the ad-supported tier arriving in early 2023 won't let users download shows for offline viewing — Netflix Inc. isn't planning to let users of its new ad-supported tier download shows and movies to their devices for offline viewing …

Discussion: TechCrunch, Variety, The Streamable, The Verge, The Tape Drive …, @markgurman and @newsynick, more at Techmeme »

Scott Roxborough / The Hollywood Reporter:

German media giant RTL Group launches RTL+ Musik to stream video, including movies, TV, and news, and audio, including music, podcasts, and radio channels — The German-language service will offer films, original series, news and music from French music streaming platform Deezer.

Discussion: The Hollywood Reporter

Janko Roettgers / Protocol:

A look at Netflix's gaming initiative, as it experiments with ways to surface games to subscribers and job listings show it is hiring for a cloud gaming service — 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

Aisha Malik / TechCrunch:

TikTok launches Shopping Ads, including video shopping ads, catalog listing ads, and live shopping ads, to improve targeting and amplify product discovery — TikTok announced today that it's launching a new commerce ad suite called “Shopping Ads” to make it easier for brands to advertise on the platform.

Discussion: Ad Age, Adweek and Fast Company

Emre Kizilkaya / Nieman Reports:

Amid a largely government-controlled media landscape, a look at four independent outlets in Turkey: Kapsül, Medyascope, Sözcü, and Podfresh — Independent journalists are stubbornly persisting in digital formats from newsletters to videos to podcasts

Discussion: @candundaradasi, @dlepeska and @risj_oxford

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