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Gaming and entertainment media publisher Gamurs Group cuts 30 staff worldwide, blaming Google changes in late 2023, including its "helpful content" update (Bron Maher/Press Gazette)

Mediagazer · last updated

Mediagazer: Gaming and entertainment media publisher Gamurs Group cuts 30 staff worldwide, blaming Google changes in late 2023, including its “helpful content” update (Bron Maher/Press Gazette)

Top News:

Variety:

A combined DirecTV and Dish would have ~18M customers total, down 63% from the peak levels in 2016; DirecTV has ~10M pay-TV subscribers, down from 25.5M in 2016— TPG will acquire AT&T's 70% stake in DirecTV, giving it 100% ownership in the pay-TV provider
Discussion:

Alexandra Steigrad /
New York Post: DirecTV to buy debt-laden rival Dish for $1 after decades-long pursuit

Jon Lafayette /
Next TV: DirecTV Acquires Dish, Unifying Struggling Satellite Business

Drew FitzGerald /
TVNewsCheck: DirecTV Agrees To Merge With Satellite Rival Dish

Todd Spangler /
@xpangler: Together, DirecTV and Dish would have around 18 million pay-TV customers — a total that is down 63% from their peak levels in 2016 https://variety.com/... via @Variety

Michelle F Davis /
Bloomberg: DirecTV, Dish Are Close to Clinching Merger Agreement

Andrew Bucholtz /
Awful Announcing: DirecTV, Dish reportedly close to merger deal Associated Press: DirecTV will buy rival Dish to create massive pay-TV company after yearslong pursuit

David Cohen /
Adweek: Satellite TV Giants DirecTV and Dish Near Merger

Wayne Friedman /
MediaPost: DirecTV, Dish Reportedly In ‘Advanced’ Merger Talks

RELATED:
Bloomberg:

AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024— The payments include $1.7 billion in pre-tax quarterly distributions in the second half of this year and $5.4 billion …

Discussion:

Deborah Sophia /
Reuters: AT&T sells 70% stake in DirecTV to TPG for $7.6 bln KSTP-TV: AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

Aimee Picchi /
CBS News: AT&T sells remaining stake in DirecTV for $7.6 billion as it bows out of entertainment

Ben Mullin /
@benmullin: New, w/@LaurenSHirsch: DirecTV has agreed to acquire Dish for......$1!! (Plus assumption of debt). This is a multi-step transaction that involves TPG buying out AT&T's stake in DirecTV. https://www.nytimes.com/... @bsdtectr.bsky.social: What a terrible purchase that was. Fucked up both AT&T and DirecTV. [embedded post]

Luke Bouma /
Cord Cutters News: AT&T Sells Its Remaining Ownership of DIRECTV In What is Reportedly a First Step to DISH & DIRECTV Merging

Michael Martinez /
@michaelmartinez: AT&T is yet unwinding another horrible acquisition it previously made.

Associated Press:
AT&T exits entertainment industry with a $7.6 billion sale of its majority stake in DirecTV to private equity firm TPG

The Hollywood Reporter:

DirecTV and EchoStar reach a definitive agreement for DirecTV to acquire EchoStar's video business Dish DBS, including Dish TV and Sling TV— The combination “will benefit U.S. video consumers by creating a more robust competitive force in a video industry dominated by streaming services owned …

Discussion:
Reuters, Ad Age, Radio & Television …, The Verge, CNN, Advanced Television, The Streamable, Business Insider, Media Play News, @sherman4949, Axios, @sherman4949, WORLD SCREEN, KGW-TV, KSTP-TV, Quartz, Deadline, Los Angeles Times, Broadband TV News, Streaming Better, @tvgrimreaper, Cord Cutters News, @bristei, @bryanruby@me.dm, @mtfiii, Adweek, CNBC, New York Times, Variety and The Wrap

Discussion:

Adam Jacobson /
Radio & Television Business Report: It's Official: DirecTV Agrees To Buy Dish, Sling From EchoStar

Jess Weatherbed /
The Verge: DirecTV and Dish are merging

Erik Gruenwedel /
Media Play News: DirecTV to Acquire Rival Satellite TV Operator Dish to Create Nation's Largest Pay-TV Service

Alex Sherman /
@sherman4949: If regulators are still questioning this Dish-DirecTV as anticompetitive, the poor reception on this conference call is providing a strong data point for why the deal should be fine to go through.

Tim Baysinger /
Axios: DirecTV agrees to acquire rival Dish Network

Alex Sherman /
@sherman4949: This is official, and DirecTV is starting its conference call right now. As I'd reported Friday, the total deal value is more than $9 billion .... $9.75 billion specifically in debt, and $1 in equity. So it's a trade of the Dish pay TV biz for the debt on the business.

Kristin Brzoznowski /
WORLD SCREEN: DirecTV To Acquire EchoStar's Video Distribution Business

Michelle Chapman /
KGW-TV: DirecTV to buy Dish Network, Sling TV for $1, plus the assumption of debt

Rocio Fabbro /
Quartz: AT&T is getting out of the TV business

Dade Hayes /
Deadline: DirecTV And Dish To Merge, Creating U.S. Pay-TV Giant, As AT&T Completes Exit From Entertainment

Julian Clover /
Broadband TV News: DirecTV to purchase DishTV

John Finn /
Streaming Better: DirecTV Buys Dish TV And Sling TV

Luke Bouma /
Cord Cutters News: DIRECTV Officially Buys DISH For $1 Plus Debt Creating The Largest Pay-TV Service In The United States

Brian Steinberg /
@bristei: !!!!! 'Under the terms of the purchase agreement, DIRECTV will acquire EchoStar's video distribution business, including DISH TV and Sling TV, in exchange for a nominal consideration of $1 plus the assumption of DISH DBS net debt'

Bryan Ruby /
@bryanruby@me.dm: @Mediagazer I hope DirecTV doesn't mess with Sling TV. But they will by dismissing the importance of “smaller packages” that Sling brings to customers.

Michael T Ford III /
@mtfiii: Dish Network Parent EchoStar's Stock Climbs On Latest DirecTV Merger Reports The combined entity would be the largest pay-TV provider in the U.S. with nearly 20 million subscribers. https://deadline.com/... via @Deadline

Alex Sherman /
CNBC: EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming, sources say

Todd Spangler /
Variety: Will DirecTV and Dish Merge? Satellite TV Operators Are Reportedly Close to a Deal

Variety:

Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming— Brian Williams may have found his next TV-news job....except it won't be on traditional TV. — The veteran NBC News …

Discussion:
New York Post, Wall Street Journal, Adweek, Los Angeles Times, Fox News, CNN, Cord Cutters News, The Ankler, Dan Rayburn on LinkedIn, The Daily Beast, @daveleebbg@threads.net, @dylanbyers, @bristei, @hbraun.jackson@threads.net, @stevemberkowitz@threads.net, @crumbler@threads.net, @mcbride.david.j@threads.net, @dylanbyers, @brianstelter, The Verge, The Hill, Mediaite, TVLine, TechCrunch, @fivesilhouettes.bsky.social, DNyuz, The Hollywood Reporter and @wagatwe.com, more at Techmeme »

Discussion:

Ariel Zilber /
New York Post: Ex-NBC News host Brian Williams in talks to anchor election night coverage on Amazon: reports

Ethan Alter /
Adweek: Brian Williams May Return to TV News... On Amazon

Stephen Battaglio /
Los Angeles Times: Brian Williams will cover election night in Amazon Prime's first foray into news Fox News: Ex-NBC anchor Brian Williams in talks to host Amazon Prime's ‘non-partisan’ election night event

Brian Stelter /
CNN: Brian Williams is set to anchor election night coverage on Prime Video. Is Amazon getting into live news?

Luke Bouma /
Cord Cutters News: Amazon Prime Video Launching Live News Programs? Its Reportedly Working On An Election-Night Special

Dan Rayburn /
Dan Rayburn on LinkedIn: I don't think Amazon Prime Video is a platform consumers would go to for election night editorial coverage. …

Lily Mae Lazarus /
The Daily Beast: Brian Williams Set to Make Shock Return to Anchor Chair

Dylan Byers /
@dylanbyers: Big signal here re: future of news on streaming... and remember that the streamers who say “we don't do news” are the same streamers who said “we don't do sports,” then went and got NFL.

Brian Steinberg /
@bristei: Brian Williams set to vie for attention on Election Night with CNN, MSNBC, NBC News, CBS News, ABC News and Fox News with a live Election Night special that would stream on Amazon https://variety.com/... via @variety

Henry Jackson /
@hbraun.jackson@threads.net: If this were the launch of a news program with a full staff that was going to stick around, I could see it. Streamers owe us news, we need to put that expectation on them. But Trump is already stating his plans to try to overturn a result that goes against him. …

Steve Berkowitz /
@stevemberkowitz@threads.net: I look forward to ads for Fallout, Thursday Night Football, groceries, 🧻 and healthcare mixed with state by state coverage.

Casey Newton /
@crumbler@threads.net: Brian Williams commentating next to a box showing you other elections you might like

David McBride /
@mcbride.david.j@threads.net: I guess that we don't know the full plan, but without a news bureau backing them, even great anchors are just blowing smoke. A great anchor takes input from reporters, photographers, researchers, producers, historians and analysts and delivers a coherent, informative and approachable picture of what's happening. …

Dylan Byers /
@dylanbyers: SCOOP @PuckNews: Amazon has signed BRIAN WILLIAMS to anchor election night coverage on Prime Video, per sources familiar. This is Amazon's first foray into news and Williams' first return to anchor desk since NBC. Full details in the next IN THE ROOM: https://puck.news/...

Brian Stelter /
@brianstelter: “If the project comes to fruition, it could mark the first entry into news-related programming” by Amazon Prime Video https://variety.com/...

Juliann Ventura /
The Hill: Brian Williams may host Amazon election night special

Phillip Nieto /
Mediaite: Brian Williams In Talks With Amazon to Host A Prime Video Election Night Program

Claire Franken /
TVLine: Brian Williams to Host Election Night Special on Prime Video (Report)

Jaye /
@fivesilhouettes.bsky.social: Isn't this the dude that lied about being in a helicopter that was shot down in Iraq....? [embedded post]

Alex Weprin /
The Hollywood Reporter: Former NBC News Anchor Brian Williams in Talks With Amazon to Lead Election Night Special @wagatwe.com: just what's missing from election and news coverage! we don't hear enough from white male millionaires. [embedded post]

Variety:

YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired— Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due …

Discussion:
@teamyoutube: @claybitkid @claybitkid we hear you. our music license agreement with SESAC has expired without an agreement on renewal conditions despite our best efforts. for this reason, we have blocked content on YouTube in the US known to be associated with SESAC - as in line with copyright law

Marc Griffin /
Vibe: Videos By Kendrick Lamar, J. Cole, And More Pulled From YouTube Amid SESAC Dispute

Aaron Williams /
UPROXX: Why Did J. Cole's ‘She Knows’ Get Removed From YouTube Along With Dozens Of Other Songs?

Carly Thomas /
The Hollywood Reporter: Songs by Adele, Kendrick Lamar, Bob Dylan, Nirvana, More Blocked by YouTube Due to Legal Dispute

Ashley King /
Digital Music News: YouTube's SESAC Contract Expires Without a Deal — Adele, Nirvana, Kendrick Lamar, Britney Spears & More Unavailable

Anthony Ha /
TechCrunch: YouTube blocks videos from Adele, Green Day, Bob Dylan, others in dispute with SESAC

Stuart Dredge /
Music Ally: Some music videos removed from YouTube due to Sesac stalemate

Richard Lawler /
The Verge: YouTube pulls songs from Adele, Nirvana, and others due to SESAC dispute

Ashley Iasimone /
Billboard: Songs by Adele, Bob Dylan, Kendrick Lamar & More Blocked on YouTube in Dispute With SESAC

Mandy Dalugdug /
Music Business Worldwide: MUSIC VIDEOS BY ADELE, KENDRICK LAMAR AND MORE BLOCKED FROM YOUTUBE IN THE US AMID LICENSING DISPUTE WITH SESAC

Anthony Suszczynski /
@asuszczynski: A significant number of videos, including music videos, on @YouTube are currently inaccessible due to a licensing dispute between the platform and SESAC, one of the major music rights organizations in the U.S. The disagreement has led to widespread content blocks, frustrating [image] @pearltearizzy: Approximately 1.1 million songs have been taken off YouTube by SESAC right now For those who don't know, SESAC is the organization that deals with rights to play music on public spaces and businesses. So far, this only affects Americans. [image]

Daniel Kreps /
Rolling Stone: Thousands of Music Videos, Including Nirvana's ‘Smells Like Teen Spirit,’ Removed From YouTube Amid Copyright Dispute @Raccoon@techhub.social: @Techmeme — It's super weird, because I went on the official Green Day account earlier to listen to a song, and even the music video had been taken down. (This song was “Last Ride In”, which they used for the name of one of their 7-Eleven coffees for the American idiot anniversary)

Stephanie Kaloi /
The Wrap: YouTube Blocks Songs by Adele, Nirvana, Bob Dylan and More Due to Legal Dispute

New York Times:

CBS plans to show an onscreen QR code for the VP debate between JD Vance and Tim Walz to direct users to fact checks on the CBS News website— CBS is experimenting with a novel way to offer real-time fact-checking of the vice-presidential debate on Tuesday. Just don't expect the moderators to frequently jump in.

Discussion:
Axios, @patrickdehahn, @samlindauer, @rotopat, @budrykzack, @markagee, @sykoscorch, @wtflanksteak, @chrismohney, @benjaminjs, @jayrosen_nyu, @bdquinn, Associated Press, @jrubinblogger, @cmclymer, @mollyjongfast, Fox News, @repriggleman, Boing Boing, TVNewsCheck, Poynter, The Daily Beast, Los Angeles Times, Mother Jones, @PamelaBarroway@mstdn.social, The Wrap, @cindyweinstein@mastodon.world, @WarnerCrocker@mastodon.social, @cindyweinstein@mastodon.world, NPR, @barney@mas.to, @GottaLaff@mastodon.social, @CindyWeinstein@zirk.us, The Hill, CBS News, New Republic, Mediaite and Deadline

Discussion:

April Rubin /
Axios: Who are the moderators for the vice presidential debate

Patrick deHahn /
@patrickdehahn: My counter-argument is if CBS can fit an onscreen QR code, it can fit a small text box for live fact checks.

Sam Lindauer /
@samlindauer: Just like when Edward R Murrow asked folks to send in 10 bottle caps to get the truth about McCarthy.

Patrick Daugherty /
@rotopat: Fact-checking self checkout lol

Zack Budryk /
@budrykzack: Verhoeven-esque

Mark Agee /
@markagee: “If you want to know the real facts go on the Internet” *15 minutes later* “QAnon is now polling at 86%”

Ali B /
@wtflanksteak: Every idea that isn't “just call out the candidates when they're lying” is so silly

Chris Mohney /
@chrismohney: real “to test the hypothesis, the king consults with his menagerie of birds” moment “https://x.com/...

Ben Siemon /
@benjaminjs: “While the firemen will not be putting out your home's fire, they will project a QR code onto your house with links to tips about fire prevention.”

Jay Rosen /
@jayrosen_nyu: QR code for online fact checks. That's good. That CBS has a verification unit is good too. https://variety.com/... But the point remains. The executives at ABC News thought their moderators could handle (at least some) live fact checking on air. CBS has different ideas.

Jay Rosen /
@jayrosen_nyu: CBS News Says It Will Be Up To Vance And Walz To Fact-Check Each Other. https://apnews.com/... ABC showed it could be done. Now: “CBS News is clearly indicating it wants to take a step back from the heat generated by calling attention to misleading statements by candidates.”

David Bauder /
Associated Press: CBS News says it will be up to Vance and Walz to fact-check each other in veep debate @jrubinblogger: The CBS no fact checking rule isn't the fault of the moderators but it's @margbrennan and @noraodonnell whose reputations will take a hit. they are props in the CBS lazy and cowardly approach to journalism.

@jrubinblogger:
UPDATE: CBS will be factchecking online. Stop. The vast majority aren't watching online. If you can fact check online do it on TV. This is a disgrace and disservice to demcracy.

Charlotte Clymer /
@cmclymer: Let's be clear about something: the only reason that CBS News is declining to fact check the vice presidential debate is that they're terrified of Trump and his supporters retaliating for being held accountable on the candidate's relentless lying and disinformation.

Molly Jong-Fast /
@mollyjongfast: CBS refusing to fact check the Vp debate shows that when bad faith actors work the refs, they win.

Denver Riggleman /
@repriggleman: Ironic that @CBSNews airs this segment on “safeguarding the truth” and won't fact check the Walz-Vance debate— guess real journalism and upholding the integrity of the 4th estate is subordinate to ratings at CBS. F the truth, right?

Jason Weisberger /
Boing Boing: CBS “moderators” abdicate role as journalists

Stephanie Kaloi /
TVNewsCheck: CBS News Slammed For Saying Vance And Walz Will Have To Fact-Check Each Other At VP Debate

Stephen Battaglio /
Los Angeles Times: Meet the Walz-Vance debate moderators: Margaret Brennan and Norah O'Donnell

Julianne McShane /
Mother Jones: CBS Moderators Won't Fact-Check the VP Debate @PamelaBarroway@mstdn.social: I mean, why even bother with moderators at all? Or call yourself a news organization? Just a complete dereliction of duty. — CBS News says it will be up to Vance and Walz to fact-check each other in veep debate — #HarrisWalz2024 #TimWalz #Debate #USpol #journalism @KamalaHarrisWin …

Stephanie Kaloi /
The Wrap: CBS News Slammed for Moderators Not Fact-Checking Vance-Walz VP Debate, Critics Note ‘ABC Showed It Could Be Done’

Cindy Weinstein /
@cindyweinstein@mastodon.world: Walter Cronkite is turning over in his grave. — CBS's lily-livered (and dangerous) decision not to fact-check exemplifies what Timothy Snyder says NOT to do: “Do not obey in advance.” — https://apnews.com/... #OnTyranny — #TimothySnyder — #Fascism — #Media

Warner Crocker /
@WarnerCrocker@mastodon.social: The question to be asked is “If a candidate came on stage and said the network was run by pedophiles or some other nonesense what would the moderators do?” — CBS News says it will be up to Vance and Walz to fact-check each other in veep debate — #politics #media — https://apnews.com/... …

Cindy Weinstein /
@cindyweinstein@mastodon.world: “Anticipatory obedience is a political tragedy.” — Timothy Snyder — CBS's lily-livered (and dangerous) decision not to fact-check exemplifies what Timothy Snyder says NOT to do: “Do not obey in advance.” — https://apnews.com/... #OnTyranny — #TimothySnyder — #Fascism — #Media

Ximena Bustillo /
NPR: Vance and Walz debate in New York City on Tuesday. Here's what you need to know

Barney /
@barney@mas.to: Because ABC News did its job, by pointing out Trump's outrageous lies during his debate, Trump threatened to shut down the entire ABC network. — Trump's threat was successful. CBS News is now refusing to fact-check their vice presidential debate. — Democracy cannot survive if the press surrenders to fascist threats like that. …

Laffy /
@GottaLaff@mastodon.social: 🎯Via Mark Jacob: — This is what it looks like when a news outlet thinks the job of a journalist is simply turning on the microphones. — Jay Rosen: — CBS News Says It Will Be Up To #JDVance And #Walz To Fact-Check Each Other. https://apnews.com/... ABC showed it could be done. …

Cindy Weinstein /
@CindyWeinstein@zirk.us: “Anticipatory obedience is a political tragedy.” — Timothy Snyder — CBS's lily-livered (and dangerous) decision not to fact-check exemplifies what Timothy Snyder says NOT to do: “Do not obey in advance.” — https://apnews.com/... #OnTyranny — #TimothySnyder — #Fascism — #Media

Filip Timotija /
The Hill: Here are the rules for the Vance-Walz CBS debate

Kathryn Watson /
CBS News: How the VP debate rules will work for the Walz-Vance 2024 showdown

Kipp Jones /
Mediaite: CBS VP Debate Rules Feature One Major Change to Previous Presidential Debates

Ted Johnson /
Deadline: CBS News' JD Vance-Tim Walz Debate Will Feature Hot Mics

New York Times:

CNN revives CNN Films, which was shut down in 2022, with plans to finance and release documentary series and films as part of an overhaul by Mark Thompson— The network is again financing and releasing documentary series and films after backing away from the genre two years ago.

Discussion:
TVNewsCheck

Discussion:

Nicole Sperling /
TVNewsCheck: CNN Wades Back Into the Documentary Business

Wired:

An interview with Eric Eddings, who leads podcast development for Kevin Hart's Hartbeat, on the rise of “chatcasts” and their impact in the podcasting industry— “The industry part of podcasting has to not be afraid to invest in innovation,” says audio executive Eric Eddings.

Discussion:
@jvquantum and @bonybean

Discussion:

JV Quantum /
@jvquantum: Chat podcasts are here to stay, according to audio exec Eric Eddings. It's all about that personal connection! But don't think the industry is stuck in the past - innovation is key! 🎙️ #podcasts #audioindustry Chat Podcasts Rule the Market—and Always W... https://www.wired.com/...

Press Gazette:

Gaming and entertainment media publisher Gamurs Group cuts 30 staff worldwide, blaming Google changes in late 2023, including its “helpful content” update— Gaming and entertainment media publisher Gamurs Group has cut 30 staff worldwide, saying the layoffs were necessitated …

Discussion:
@matthewkeyslive

Variety:

A US judge rules that Fiona Harvey can pursue her defamation lawsuit against Netflix over Baby Reindeer, saying the show was wrongly billed as a “true story”— A judge ruled Friday that the Netflix show “Baby Reindeer” did not live up to its billing as a “true story,” …

Discussion:
DNyuz, The Independent, The Daily Beast, The Guardian, Rolling Stone, The Hollywood Reporter, AV Club, Metro.co.uk and Deadline

Discussion:
DNyuz: Netflix shouldn't have called ‘Baby Reindeer’ a true story, judge says, opening the way for defamation lawsuit

Ellie Muir /
The Independent: ‘Real Martha’ Baby Reindeer lawsuit to go forward as judge rules series not a ‘true story’

Hugh Dougherty /
The Daily Beast: 'Baby Reindeer's Real-Life Stalker Scores Major Victory over Netflix

Sian Cain /
The Guardian: Baby Reindeer was wrongly billed by Netflix as a ‘true story’, judge finds

Winston Cho /
The Hollywood Reporter: Netflix Loses Bid to Dismiss Defamation Claim in ‘Baby Reindeer’ Lawsuit

Pierra Willix /
Metro.co.uk: Netflix suffers blow after $170,000,000 Baby Reindeer trial takes unexpected turn

New York Times:

Google's lawyers wrapped up their defense of the company in the US DOJ ad tech antitrust trial last week; a judge's ruling is expected in the coming months— The tech giant, which wrapped up its arguments in the federal monopoly trial, simply says it has the best product.

Discussion:
AdExchanger, Digital Content Next, MEDIANAMA, Digiday, Fast Company, The Keyword, MediaPost, Ars Technica, Bloomberg and Ad Age, more at Techmeme »

Discussion:

Allison Schiff /
AdExchanger: The Google Ad Tech Antitrust Case Is Over - And Here's What's Happening Next

Arielle Garcia /
Digital Content Next: That's a wrap: Where arguments landed in US v. Google II

Seb Joseph /
Digiday: Breaking point or breakup? Why publishers fear a Google ad breakup could backfire

Robert Safian /
Fast Company: An advertising watchdog explains what's at stake with Google's latest DOJ case

Lee-Anne Mulholland /
The Keyword: Key takeaways from the ad tech trial

Laurie Sullivan /
MediaPost: Google Ad-Tech Trial Ends, Industry Execs Emboldened To Speak Outside Courtroom

Ashley Belanger /
Ars Technica: “Not a good look”: Google's ad tech monopoly defense widely criticized

Garett Sloane /
Ad Age: Google antitrust case—key takeaways from the complex ad tech trial

Bloomberg:

Antenna: Netflix cancellations spiked for a few days in late July 2024 after Reed Hastings endorsed Kamala Harris and announced a $7M super PAC donation— Rate of cancellations almost tripled after Trump backers called for action against the streaming service. — Say goodbye to another tough week in Hollywood.

Discussion:
New York Post, The Daily Beast and @lucas_shaw@threads.net, more at Techmeme »

Discussion:

Taylor Herzlich /
New York Post: Netflix cancellations nearly tripled after co-founder Reed Hastings endorsed Kamala Harris: report

Luca Shaw /

Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics