Top News:
Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14 — Paramount Skydance Corp.'s $110 billion takeover of Warner Bros. Discovery Inc. is being reviewed under the European Union's foreign subsidy regime …
Discussion:
Reuters, Variety, The Hollywood Reporter, The Movie Blog and Yahoo Finance
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Lucas Manfredi / The Wrap:
Fubo and NBCUniversal reach a deal ending a months-long blackout, with NBCU's Spanish-language networks available Wednesday, English-language networks later — The agreement restores content from NBC, Telemundo, Bravo, Universo, the NBC Sports Network and regional sports networks in the Bay Area, Boston, California and Philadelphia
William James / Reuters:
After civil unrest in Belfast, Ofcom reminds social platforms to heed the Online Safety Act, including by mitigating risks of content that provokes violence — Britain's media regulator Ofcom on Wednesday warned online platforms of possible legal consequences if their services are used …
Ted Johnson / Deadline:
WSJ asks a judge to toss out Trump's revised defamation lawsuit over its Jeffrey Epstein letter story, saying it is a “re-package” of claims already dismissed — Trump's new lawsuit, the Journal's legal team wrote, “does not remedy any of the defects identified in the court's dismissal order.
Discussion:
Mediaite, Bloomberg, Raw Story, Courthouse News Service, Raw Story and PoliticusUSA
Lucas Shaw / Bloomberg:
CAA and TPG's investment arm commit $250M to launch Compound Creative Holdings, a new company to invest in YouTube stars and podcasters — Creative Artists Agency, Hollywood's biggest talent representative, is starting a new company to invest in YouTube stars and podcasters who want to be the next Oprah Winfrey or Reese Witherspoon.
Kristin Robinson / Billboard:
WMG acquires AI attribution startup Sureel, as it seeks to track when its songs and recordings are used in the training of AI models or in AI-generated works — The deal is designed to help WMG track exactly where its songs are used in AI training and outputs.
Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca — When Nick Bilton, the new head of “60 Minutes,” showed up at his first staff meeting last week, the CBS newsmagazine was already in turmoil.
Discussion:
The Wrap, @bgrueskin.bsky.social, @edmundlee.bsky.social and @justinbaragona.bsky.social
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New York Times:
Lesley Stahl says David Ellison called her and promised to respect editorial independence at 60 Minutes, a sign he is taking steps to calm turmoil at the show
Discussion:
The Wrap, Business Insider, USA Today, Daily Mail, Zeteo, The Washington Free Beacon, Nieman Reports, Newser, RADAR, The Hill, Mediaite, @admiralmpj.bsky.social, HuffPost, Raw Story, @paulthedogman.bsky.social, @jeremymbarr, @jeffjarvis@mastodon.social, Deadline, New York Post, Variety, @annmlipton.bsky.social, @hammbear2024.bsky.social, @owillis.bsky.social, @dannygroner.bsky.social, The Hollywood Reporter, Newsbusters, Suggest and Fox News
Matthias Bastian / The Decoder:
A German court rules that Google is directly liable for what AI Overviews say after AI Overviews falsely tied two publishers to shady business practices — Key Points … Ask about this article... The Regional Court of Munich hit Google with a temporary injunction barring the company …
Discussion:
Search Engine Land, Ars Technica, Marcus on AI, The Deep View, @veenadubal.bsky.social, Android Authority, @peterullrich.com, Vincent Lextrait on LinkedIn, OSnews, The Information, The Next Web, @davemasonwrites.bsky.social, @hammancheez.bsky.social, PC Gamer, @lrb.bsky.social, @annaleen.bsky.social, @alisabokulich.bsky.social, @zacharyberger.bsky.social, Dave Block on LinkedIn, @hn100@social.lansky.name, Whatever, @lfegalitarian.bsky.social, @baileymcc.bsky.social, @baldur@toot.cafe, @jonny@neuromatch.social, @privacymatters.bsky.social, @tante@tldr.nettime.org and A Matter of the Most …, more at Techmeme »
Matthew Keys / TheDesk.net:
A US House committee held a hearing on whether leagues like the NFL should keep antitrust exemptions for media deals as more games move to streaming services — Lawmakers on Capitol Hill assembled on Wednesday to hear testimony from four witnesses on sports broadcasting deals in the era of streaming …
Krystal Scanlon / Digiday:
LinkedIn debuts its first creator marketplace, in North America, allowing some marketers to search for creators by topic and view “creator cards” with metrics — LinkedIn is making a late but logical move to own B2B creator infrastructure before someone else does.
Discussion:
Business Insider, MediaPost and Social Media Today, more at Techmeme »
James Faris / Business Insider:
Sources: Paramount is on pace to unify tech platforms for Paramount+ and Pluto TV this summer, keeping the services separate and “redeploying” some employees — Paramount Skydance is preparing to move around some streaming staffers as David Ellison's company wraps up its long-term project …
Discussion:
The Next Web
Emma Roth / The Verge:
Meta plans to expand using off-platform data, such as online purchases, to personalize content feeds and AI responses; it was previously used just to serve ads — Beginning in July, you may start seeing content related to the games you've played, your online purchases, and more across your feeds.
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