Top News:
Jessica Toonkel / Wall Street Journal:
A look at Comcast co-CEO Brian Roberts' earlier bundling strategy for connectivity and content, and his plan now to unbundle in order to keep growing — Comcast co-CEO Brian Roberts spent his career building an integrated cable giant. To grow, he now plans to split it apart
Discussion:
Barron's Online and Puck
Alex Weprin / The Hollywood Reporter:
Filing: Trump's earnings from Hollywood last year include $10.7M for Melania, tens of millions in legal settlements, Screen Actors Guild Pension, and more — A disclosure form reveals a $10.7 million fee for ‘Melania,’ legal settlements and a residual from ‘The View.’ It also suggests …
RELATED:
Rob Wile / NBC News:
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies
Discussion:
Citation Needed, Benzinga, TheGrio, New York Times, Wall Street Journal, The Hill, @john60612.bsky.social, @newenglandtopnews.bsky.social, Mother Jones, @meeks.house.gov, Esquire, New York Magazine, @blumenthal.senate.gov, @murray.senate.gov, Cryptonews, The Wrap, @eepetry.bsky.social, @mmeadway.bsky.social, @DrALJONES@mastodon.social, Mediaite, crypto.news, MS NOW, International Business Times, @saletan.bsky.social, The Guardian, Times of India, Raw Story, @democracydefendersaction.org, @hunterwalk.com, Financial Times, @normeisen.bsky.social, @newsjennifer.bsky.social, Straight Arrow, CBS News, @rickstengel.bsky.social, Yahoo Finance, @ianfraser.bsky.social, Bloomberg, Mandatory, @ScottEdelman@wandering.shop, @karlauerbach@sfba.social, Metro.co.uk, @passantino.bsky.social, Daily Mail, Politico, Baller Alert, UPI, Australian Financial Review, Al Jazeera, BBC, Reuters, NOTUS, Fox Business, Newsweek and CNBC, more at Techmeme »
Bloomberg:
Bending Spoons, which owns Vimeo and AOL, closed up 40% in its US market debut on Wednesday at a $25.7B valuation, after raising $1.68B in its IPO — Bending Spoons SpA shares surged 40% above their initial public offering price after the company and some of its backers raised $1.68 billion.
Discussion:
Blockonomi, Gizmodo, CineD, Benzinga, The Information, Deadline, TechCrunch, Associated Press, Yahoo Finance, Newser, Reuters, Fast Company, The Next Web and Axios, more at Techmeme »
Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B — China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.
Discussion:
RuntimeWire and South China Morning Post
Charlotte Tobitt / Press Gazette:
A photographer sues The Daily Mail in New York over “systematic” lifting of thousands of images from social media without permission from copyright holders — US copyright claim says Mail liabilities could run to $10m per year. — The Daily Mail is being sued over alleged …
Discussion:
@josiahmortimer.bsky.social and Bloomberg Law
Jack Dunn / Variety:
As The Onion relaunches Infowars, a Q&A with comedian Tim Heidecker about becoming its creative director, the launch lineup, conservative caricatures, and more — David vs. Goliath. Rocky Balboa vs. Apollo Creed. The Onion and Tim Heidecker vs. InfoWars and the Texas court system.
Discussion:
Fast Company, @bencollins.bsky.social, @bencollins.bsky.social and Associated Press
Michael Savage / The Guardian:
BBC staff fear strike action inevitable as unions reject the corporation's proposal of a 1% or £500 pay increase, whichever is higher — Unions reject proposed below-inflation increase which comes as corporation prepares to cut thousands of jobs — BBC staff fear a strike …
Discussion:
Radio Times, @michaelsavage.bsky.social, National Union of Journalists … and GB News
Talking Points Memo:
TikTok is making it difficult for indie media outlets like TPM and Garbage Day to build audiences, sometimes taking down multiple videos without explanation — The Rise of the AI Censors — Last week, Oxford University's Reuters Institute for the Study of Journalism released …
Discussion:
@pinemikey.bsky.social, El País, @jjdiablo.bsky.social and @hunterw.bsky.social
Samantha Elkins / NBC News:
Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked — Cloudflare gave AI crawlers a September deadline to separate the bots that gather content for search from those that harvest …
Discussion:
The Next Web, Cloudflare, Silicon Republic, MarTech, Help Net Security, RuntimeWire, TechCrunch, Cloudflare, The New Stack and The Register, more at Techmeme »
Hanaa' Tameez / Nieman Lab:
Q&A with Saifuddin Ahmed on his study linking short-form news video use to preference for Ronaldo over Messi and what the findings might mean for journalism — The World Cup is the gift that keeps on giving (to me). — I was swiping through Instagram Stories during halftime …
Discussion:
@caulfieldtim.bsky.social, The Indian Express and @hanaatameez.bsky.social
Andrew Hutchinson / Social Media Today:
X launches Live Studio, an updated livestreaming hub within Creator Studio with a simplified desktop setup, chat control options, custom thumbnails, and more — The updated livestreaming platform on desktop will provide more options for live video creators. — Listen to the article
Discussion:
Engadget, Mashable, @nikitabier, Digital Trends, @cambridgemike and @nikitabier, more at Techmeme »
Ben Mullin / @benmullin:
Memo: the AP is offshoring some visual production jobs as it builds a centralized hub in India; sources: up to 30 jobs could be affected — News — the AP is offshoring some visual production jobs as it develops a production hub in India. I'm told up to 30 jobs could potentially be affected. This follows similar moves from other wire services. Note from AP Executive Editor Julie Pace: [image]
Discussion:
The Wrap, @mediaevan, @thefred.bsky.social and @newsguy.bsky.social
Nick Vivarelli / Variety:
The EU says Paramount has committed to exit its United International Pictures distribution JV with Universal as a condition for EU approval of its WBD merger — Paramount will exit its United International Pictures distribution joint venture with Universal as a condition for EU approval …
Discussion:
Deadline, The Movie Blog, The Hollywood Reporter and Reuters
RELATED:
Edith Hancock / Wall Street Journal:
The European Commission says Paramount offered concessions for its $110B WBD takeover to ease competition concerns, and sets a July 22 investigation deadline
The European Commission says Paramount offered concessions for its $110B WBD takeover to ease competition concerns, and sets a July 22 investigation deadline
Discussion:
Deadline, Blockonomi, Cord Cutters News, The Wrap, Screen, Media Play News, Advanced Television, Benzinga, BMI, TVBEurope, Telecompaper and Bloomberg Law
