Sources: the NBA is closing in on deals with NBC, ESPN, and Amazon that would bring in ~$76B in media revenue over 11 years; the deals will include WNBA rights (Wall Street Journal)
Mediagazer: Sources: the NBA is closing in on deals with NBC, ESPN, and Amazon that would bring in ~$76B in media revenue over 11 years; the deals will include WNBA rights (Wall Street Journal)
Top News:
Sportico:
Diamond Sports Group reaches a tentative deal for a new naming-rights sponsor for its regional sports networks; a report says FanDuel plans to replace Bally's— Diamond Sports Group on Tuesday confirmed that it has reached an agreement in principle on a new naming-rights sponsor …
Discussion: Bloomberg, Legal Sports Report, Awful Announcing, Barrett Media, Cord Cutters News, Next TV and The Streamable
Discussion:
Christopher Palmeri /
Bloomberg: FanDuel Nears Deal for Naming Rights to Diamond Sports Channels
Sam McQuillan /
Legal Sports Report: FanDuel Deal For Bally Sports Channels Hinges On Diamond Bankruptcy
Sean Keeley /
Awful Announcing: FanDuel reportedly taking over naming rights on Diamond's Bally Sports networks
Luke Bouma /
Cord Cutters News: Comcast May Kill Bally Sports As The NHL Demands Clarity On The Future of The RSNs This Week
Daniel Frankel /
Next TV: Diamond Sports Must Come Up With a ‘Very Clear Business Plan No Later Than July,’ Judge Rules, as NBA and NHL Express More Concerns
Mumbrella:
Several senior executives, including sales managers, are leaving as part of News Corp Australia's ongoing restructuring; more staff cuts are expected next week— The biggest restructuring in News Corp Australia's history continues to roll on, as several senior executives have been moved on.
Discussion:
Australian Financial Review, Mediaweek and
Discussion:
Sam Buckingham-Jones /
Australian Financial Review: News Corp on edge as redundancies roll out after major restructure
Tess Connery /
Mediaweek: Michael Miller calls for tech giants to be bound by ‘social licence’: 'They don't mine our minerals, they mine our lives'
Wall Street Journal:
Sources: the NBA is closing in on deals with NBC, ESPN, and Amazon that would bring in ~$76B in media revenue over 11 years; the deals will include WNBA rights— The National Basketball Association entered its first TV negotiations in a decade with a problem: Its main business partners seemed to be on shaky footing.
Discussion:
Amol Sharma /
@asharma: The NBA is closing in on deals with NBC, Amazon and ESPN that point to the staggering value of sports rights and the anxieties of media's biggest players. “Entertainment is a swamp, and sports is the only firm ground.” w/ @JBFlint @ @thesimonetti https://www.wsj.com/...
Joe Flint /
@jbflint: Don't be surprised if the next court Adam Silver and David Zaslav see each other in isn't at Madison Square Garden. W/@asharma & @thesimonetti https://www.wsj.com/... @webbarr: “Entertainment is a swamp, and sports is the only firm ground,” - former Fox Sports chief David Hill https://www.wsj.com/...
Joe Flint /
@jbflint: What divided the NBA and TNT wasn't a couple hundred million bucks. It was the NBA cherry picking playoffs and other big games from TNT to sell to Amazon and NBC. https://www.wsj.com/...
Joe Flint /
@jbflint: For Comcast and NBC an NBA deal puts pressure on Peacock which will need to raise prices. Deal also causing tensions with entertainment teams who fear significant cost cuts to help sports foot bill for massive bet. A lot has to go right for this to work. https://www.wsj.com/...
The Guardian:
Heavy-handed moves by The Washington Post's new publisher, Will Lewis, have alienated and angered some of its talented staff; a course correction is in order— When Jeff Bezos bought the Washington Post in 2013, he said he wanted to give the storied but struggling newspaper the “runway” it needed to take off in the digital age.
Discussion:
Fox News, Press Watch, Axios, Poynter, @karaswisher, @ichinoy, @jayrosen_nyu, @froomkin, @ichinoy, @brizzyc, @jayrosen_nyc@threads.net, @davew@mastodon.online, Washington Post, Vanity Fair, Associated Press, Columbia Journalism Review, New York Post, Media Nation, MediaPost, NPR, Mediaite and NOTUS
Discussion:
Fox News: Washington Post newsroom in turmoil as insiders criticize leadership's ‘poorly handled’ transition
Dan Froomkin /
Press Watch: Beware the Tory takeover of the Washington Post
Sara Fischer /
Axios: Media scrambles for survival ahead of 2024
Tom Jones /
Poynter: After a tumultuous recent past, The Washington Post looks to an uncertain future
Kara Swisher /
@karaswisher: This by @davidfolkenflik covers the sitch there fairly. One add: 1. Creating a needlessly hot mess does not make any more money for a place that needs it. And 2. This has been a failure of the top execs & Bezos & not the journalism, so slapping the news staff was boneheaded.
Ira Chinoy /
@ichinoy: I worked @washingtonpost, where I helped build the data journalism program. These are accomplished, hardworking professionals. They don't need to be told to “get with the program.” The Post ownership can't find an impressive American journalist to run the news? Won't end well...
Jay Rosen /
@jayrosen_nyu: The Washington Post should become “the first elite newsroom to abandon the both-sides and pox-on-both-your-houses reporting style and instead actively warn readers...” That's @froomkin's argument. He used to work for the Post. https://presswatchers.org/... [image]
Dan Froomkin /
@froomkin: The great @sulliview reports that publisher Will Lewis totally bombed on Monday.
Ira Chinoy /
@ichinoy: Also, in such a high-quality newsroom, if you can't foster respect for the leadership from the bottom up, it's a lost cause.
Carrie Brown /
@brizzyc: “Journalists don't delude themselves that newsrooms are democracies; they know they don't get a vote. But successful newsrooms aren't dictatorships, either.”
Jay Rosen /
@jayrosen_nyc@threads.net: The Washington Post should become “the first elite newsroom to abandon the both-sides and pox-on-both-your-houses reporting style and instead actively warn readers...” That's @froomkind's argument. And he used to work for the Post. https://presswatchers.org/...
Jay Rosen /
@jayrosen_nyc@threads.net: Read Margaret Sullivan on the lit fuse at the Washington Post. https://www.theguardian.com/ ... @davew@mastodon.online: @Mediagazer Democracy dies in darkness isn't a slogan. It's their mission statement
Charlotte Klein /
Vanity Fair: “I Can't Sugarcoat It Anymore”: Will Lewis Bluntly Defends Washington Post Shake-Up
David Bauder /
Associated Press: With its top editor abruptly gone, The Washington Post grapples with a hastily announced restructure
Jon Allsop /
Columbia Journalism Review: The Brits are coming. Again.
Alexandra Steigrad /
New York Post: Washington Post staffers clash with CEO at all-hands meeting after top editor exits: ‘Get with the program’
Dan Kennedy /
Media Nation: Post notes: Buzbee's departure, diversity concerns and a squishy-soft profile
Ray Schultz /
MediaPost: ‘The Washington Post’ Shakeup: Exec Editor Buzbee Out
David Folkenflik /
NPR: New CEO of ‘The Washington Post’ puts former colleagues in power
Alex Griffing /
Mediaite: 'Can't Sugarcoat It': Washington Post CEO And Staff Reportedly Throw Down in Fiery Meeting After EIC's Abrupt Exit
New York Times:
The Columbia Law Review's website was taken offline by its board of directors after the journals' student editors published an article criticizing Israel— The board of directors of the student-run publication said that the article, by a Palestinian human rights lawyer, had not been subject to sufficient review.
Discussion:
CNN, @jameeljaffer, The Intercept, The Daily Beast and Associated Press
Discussion:
Jordan Valinsky /
CNN: Columbia Law Review website is down after publishing a story criticizing Israel
Jameel Jaffer /
@jameeljaffer: This is a crazy, disturbing story. I would like to know more about the purported procedural irregularities, but nuking the website is a drastic, extraordinary step that requires much more justification than has been supplied by the directors thus far. https://theintercept.com/... The Intercept: Columbia Law Review Refused to Take Down Article on Palestine, So Its Board of Directors Nuked the Whole Website
Dan Ladden-Hall /
The Daily Beast: Columbia Law Review Site Taken Down Over Article Accusing Israel of Genocide
Reuters:
A federal class action suit against the NFL over claims of using agreements to control Sunday Ticket distribution, letting DirecTV raise prices, heads to trial— The National Football League and subscribers to its “Sunday Ticket” televised game package are headed to trial on Wednesday …
Bloomberg:
FT Ventures buys a minority stake in Toronto-based news company The Logic, launched in 2018; the FT's media consulting arm will help with subscriptions and more— FT Ventures will become a minority owner of the Toronto-based news company, which was launched in 2018.
Discussion:
Talking Biz News
Discussion:
Chris Roush /
Talking Biz News: Canada biz news site The Logic raises $4 million
Engadget:
Twitch says its Twitch Tier 1 subscriptions in the US will increase from $4.99 to $5.99 per month on July 11, the first price rise for US subscribers— Monthly Tier 1 memberships will go up by $1 in July. — Twitch is joining Spotify, Max, Peacock, Crunchyroll, EA and other content services …
Discussion:
@twitchsupport and help.twitch.tv, more at Techmeme »
Axios:
CNN has started testing a registration wall that requires users to create an account or log in after they've read around 10 articles in a day— CNN has begun testing an expanded registration wall that requires heavy site users to create an account with a username and password …
Discussion:
@rafat, @sarafischer, @jackmarshall, @davidclinchnews and
Discussion:
Sara Fischer /
@sarafischer: CNN has begun testing an expanded registration wall that requires heavy site users to create an account with a username and password to continue assessing content when they hit a certain threshold of daily articles https://www.axios.com/... #axiosmediatrends
Jack Marshall /
@jackmarshall: The real news around moves like this is why so late to the party on basic and established digital publishing tactics. Welcome to 2021!
David Clinch /
@davidclinchnews: “The registration gateway doesn't require payment, but it gives CNN access to first-party data that it could use to improve its ad products or eventually sell subscriptions.” Scoop: CNN's data push https://www.axios.com/... #MediaRevenue
Wired:
Russian journalists and dissidents are taking advantage of YouTube, the only major US platform available in Russia and a primary entertainment source for many— YouTube remains the only major US-based social media platform available in Russia. It's become “indispensable” to everyday people, making a ban tricky.
Discussion:
@justinling@mastodon.online, more at Techmeme »
The Daily Beast:
In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops— ANOTHER ONE — The sale will keep the tech website's entire staff intact, G/O Media CEO Jim Spanfeller wrote in a company-wide memo obtained by The Daily Beast.
Discussion:
Todd Spangler /
Variety: Tech-News Site Gizmodo Sold to European Media Firm Keleops, Which Says It Will Retain Entire Editorial Staff
Zach Seward /
@zseward@threads.net: Do I have this straight?
Peter Kafka /
@pkafka: G/0 CEO Jim Spanfeller says new owner promises to “keep Gizmodo's entire staff intact”. Remaining G/O sites: The Root, Quartz, Kotaku and Jalopnik.
Jacob Donnelly /
@jaycodon: Jalopnik, Kotaku, Quartz, The Root, and The Inventory are all that remain at G/O Media.
Tom Gara /
@tomgara: All the prestigey newsrooms run by Brit editors, Axel Springer striding the digital landscape like a colossus, French guys buying Gizmodo - who has the courage to write the take we all need: the Europeans are simply better at news media, they posess a certain je ne sais quoi
Dan Ackerman /
@danackerman: As a former Editor-in-Chief of Gizmodo, despite the unknowns, this can't be anything but a positive for the amazing Giz staff. But now with the “G” and and the “O” of G/O Media gone, what will that company call itself?
Amanda Silberling /
@asilbwrites: was the O for onion, and if so, does that mean G/O Media is just / Media
Justin Baragona /
@justinbaragona: NEW: G/O Media has just sold Gizmodo to European digital media company Keleops Media. Below is the memo to staff from Jim Spanfeller: [image]
Katie Robertson /
New York Times: Gizmodo Sold to European Media Company
Rob Beschizza /
Boing Boing: Gizmodo, famed gadget blog, sold to French media company
Ernie Smith /
@ernie@writing.exchange: The company known as G/O Media no longer owns G nor O. — https://www.thedailybeast.com/ ...
Mark Stenberg /
Adweek: Gizmodo Acquired by French Media Firm Keleops
Benjamin Lindsay /
The Wrap: G/O Media Sells Gizmodo to European Tech Media Company Keleops
Ray Schultz /
MediaPost: Gizmodo Is Sold To European Group
Chris Roush /
Talking Biz News: Tech news site Gizmodo sold to European company
Baltimore Sun:
Sam Davis, managing editor of The Baltimore Sun, is retiring and will be succeeded by Tricia Bishop, currently director of opinion and features content— The Baltimore Sun's longtime managing editor is retiring and will be replaced by a 24-year veteran of Maryland's largest news organization, Baltimore Sun Media said Tuesday.
Discussion:
Related Knowledge Center: Climate economics
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.”