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9:25 AM ET, August 17, 2022


 Top News: 
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.
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 survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
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: Ofcom and Deadline
Sara Fischer / Axios:
Video streaming options increasingly resemble the bloated cable industry they sought to replace, as companies launch ad-supported tiers and bundle services  —  Facing saturation in the U.S., most major streamers are launching cheaper ad-supported streaming tiers, and are beginning to bundle …
Megan Graham / Wall Street Journal:
VidMob, which offers tools for marketers to create digital ads, raised a $110M Series D led by Shamrock, source says at a $500M valuation, up from $290M in 2021  —  The Series D funding round led by Shamrock Capital will help the company expand its platform for data-led creativity in advertising and other brand work
Blake Brittain / Reuters:
The US government backs Lynn Goldsmith's legal claim that Andy Warhol infringed her copyright on a photo of Prince; the Supreme Court hears the case in October  —  The U.S. government urged the U.S. Supreme Court on Monday to rule that a photographer can pursue a copyright lawsuit …
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.
Bevin Fletcher / Fierce Video:
The Roku Channel adds NBC local news channels for San Diego, Boston, and the Bay Area, plus NBCUniversal's LX News, six Scripps channels, BBC Kids, and more  —  The Roku Channel is beefing up its Live TV Guide with 14 new linear channels, including the addition of three more featuring NBC local news and six channels from Scripps.
David Schuman / CBS News:
Linda Tirado, who received a $600K settlement from Minneapolis after being blinded in one eye while covering 2020 protests, is giving 20% to people in the city  —  MINNEAPOLIS - A permanent injury from the 2020 riots landed a journalist with a big payment from the city of Minneapolis, but she's not keeping the settlement for herself.
Discussion: @monroegallery and @david_schuman
Georg Szalai / The Hollywood Reporter:
Analysis: over the past year, top pay TV providers had a net loss of ~5.425M subscribers; Q2 marked the second consecutive quarter with over 1.9M in net losses  —  Comcast, Charter, Cox, Altice, DirecTV, Dish, Verizon and Hulu's live TV tier all lost subscribers this past quarter.
Jesse Brown / CANADALAND:
Sources: Bell Media's VP of News Michael Melling fired CTV's Lisa LaFlamme for pushing back against his ideas; Melling also interfered with CTV's news coverage  —  “He doesn't like it when women push back.”  —  Lisa LaFlamme, chief anchor of CTV National News, was unceremoniously …
Etan Vlessing / The Hollywood Reporter:
Canadian broadcaster CTV's chief news anchor Lisa LaFlamme says she has been forced out of the network; CTV parent Bell Media cites “changing viewer habits”
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 More News: 
Sara Fischer / Axios:
To expand into niche areas, Morning Brew debuts a creator program letting independent writers work for the company full time while keeping their distinct brands
Alex Sherman / CNBC:
Mark Hoffman, CNBC's president since 2005 and chairman since 2015, will step down on September 12; KC Sullivan will return to CNBC to replace him as president
 Earlier Picks: 
Joe Flint / Wall Street Journal:
Nielsen strikes a deal with Amazon to measure Thursday Night Football, the first time a streaming service will be included in Nielsen's weekly TV viewing report
New York Times:
Penguin Random House CEO Madeline McIntosh defends the Simon & Schuster acquisition in the DOJ antitrust trial, arguing the industry is vast and varied
Katie Robertson / New York Times:
Jezebel, The 19th, The Cut, and other women-centric publications that support abortion rights have seen a surge in readership since SCOTUS reversed Roe v. Wade