Sources: the NBA's deal with Amazon has several provisions that WBD can't match, including promotion of the NBA during Amazon's NFL streaming telecasts (Wall Street Journal)

Mediagazer: Sources: the NBA's deal with Amazon has several provisions that WBD can't match, including promotion of the NBA during Amazon's NFL streaming telecasts (Wall Street Journal)

Top News:

New York Times:

Red Ventures sells CNET, an early pioneer of online tech coverage, to Ziff Davis, which owns Mashable, PC Mag, Lifehacker, and others, a source says for $100M+— Ziff Davis is acquiring CNET for more than $100 million. Its chief executive thinks more acquisitions are on the horizon.
Discussion: Deadline, MediaPost, Lauren Newman on LinkedIn, Lindsey Turrentine on LinkedIn, Connie Guglielmo on LinkedIn, @jeffjarvis, @saschasegan, @photomatt, @dctrjack, Adweek, @film_girl, @rhunwords, Roger Cheng on LinkedIn, @ldignan, @benmullin, @felixsalmon, Axios, @rafat, @seangriffey, @rafat, @tsuvik, The Wrap, @sjvn@mastodon.social, @tvgrimreaper, @rogerwcheng, @bombur, @danackerman, Variety, The Verge and TVNewsCheck, more at Techmeme »

Discussion:

Jill Goldsmith /
Deadline: Pioneering Tech Site CNET Sold To Digital Media Publisher Ziff Davis

Ray Schultz /
MediaPost: Ziff Davis To Purchase CNET For $100 Million

Lauren Newman /
Lauren Newman on LinkedIn: Thrilled to announce the next chapter for CNET and ZDNET! Two of the most iconic tech brands, driven by exceptional editorial led by Lindsey Turrentine …

Lindsey Turrentine /
Lindsey Turrentine on LinkedIn: It's a new—and exciting—chapter for CNET and ZDNET! We've entered into an agreement for Ziff Davis to acquire both of our storied and industry-leading brands (and reunite ZDNET with its namesake). …

Connie Guglielmo /
Connie Guglielmo on LinkedIn: Every day, an adventure. — “Ziff Davis is acquiring CNET for more than $100 million.” https://lnkd.in/... @jeffjarvis: In other words, Vivek Shah rescues CNET. I seriously wish Ziff Davis would similarly save a certain tech podcast company. CNET Sold to Ziff Davis in Sign of Possible Media Deals to Come https://www.nytimes.com/...

Sascha Segan /
@saschasegan: @danackerman It would be a good move. ZD is actually interested in running tech media, unlike some owners.

Matt Mullenweg /
@photomatt: @rafat CNET is what got me to drop out of college and move to San Francisco!

Jack Ryan /
@dctrjack: Sounds like Ziff Davis (IGN, Eurogamer, gamesindustry dot biz, Humble Bundle) is buying CNET. My advice is the same: Archive. Your. Work. Grab a little PDF of that thing. Do a little screenshot. Save your audiovisuals. Be free.

Mark Stenberg /
Adweek: Ziff Davis Acquires Tech Publisher CNET for Over $100M

Christina Warren /
@film_girl: The crazy thing here is that CNET bought ZDNET (itself a spin-off of Ziff Davis) in the year 2000 for a truly stupid amount of on-paper money. Unclear if Red Ventures selling just CNET or if ZDNet will be sold too, thus finally reunifying the zombie brands? @rhunwords: Potentially huge for CNET and Interesting Times for brands like Mashable, PC Gamer and Lifehacker already covering the tech beat at ZD

Roger Cheng /
Roger Cheng on LinkedIn: After a pandemic, an acquisition, several rounds of layoffs, and a big blowup over AI, CNET is once again thrown for another loop with Ziff Davis acquiring …

Larry Dignan /
@ldignan: @mediagazer @BenMullin For those original ZDNet folks, this is beyond weird, but good news for CNET people since Ziff actually has media knowhow. If CNET still includes ZDNet then Ziff gets to reunify the brand after more than two decades. ZDNet was hatched from Ziff Davis, CNET bought ZDNet to avoid

Ben Mullin /
@benmullin: News: Ziff Davis has acquired CNET from Red Ventures for more than $100 million. Ziff Davis' chief executive, Vivek Shah, said it's a sign of more deals on the horizon as the digital media industry comes under additional pressure https://www.nytimes.com/...

Felix Salmon /
@felixsalmon: This story is basically a game of digital-media mad libs

Sara Fischer /
Axios: Red Ventures sells CNET to Ziff Davis @rafat: Wow. I am old enough to remember the opposite when it happened 22 years ago, reported the story back then for Silicon Alley Reporter. [image]

Sean Griffey /
@seangriffey: Ziff Davis knows how to operate media properties like CNET. Good home for them. Thought they were one more bad stop away from me being able to scrape money together to buy it. The history: 2008: CBS buys for $1.8B 2020: RD - $500M 2024: ZD - $100M

@rafat:
Thus proves that @VivekRShah is one of the canniest — and unheralded — media CEOs of our times.

Vikas SN /
@tsuvik: How tables turn 2002 - CNET buys Ziff Davis for $1.6 billion (After multiple change of hands...) 2024- Ziff Davis buys CNET for around $100M https://www.nytimes.com/....

Adam Chitwood /
The Wrap: Ziff Davis Buys CNET for $100 Million @sjvn@mastodon.social: This also means ZDNET, my main editorial home for the last few years, will also belong to Ziff-Davis. Again. What does this mean for me? Darned if I know, but I expect I'll still be writing away. After all, one way or the other, I've been writing for ZD-related publications since 1987! … @tvgrimreaper: CNET history: 2008: CBS, $1.8 billion! 2020: Red Ventures, $500 million 2024: Ziff Davis, $100 million 2028: Four Seasons Landscaping, $1.50?

Roger Cheng /
@rogerwcheng: Good luck to the talented journalists of @cnet, who I'm hearing from multiple folks will be purchased by Ziff Davis. It's been a topsy turvy ride for the storied tech brand.

Mike Epstein /
@bombur: Assuming this is right, Ziff now owns PCMag, Mashable, and CNET, as well as IGN, which covers tech, and Lifehacker, which does tech service. I'm happy for CNET to get out from under Red Ventures, but I'm also nervous for all the good ppl I used to work with at the other brands.

Dan Ackerman /
@danackerman: Hearing, from multiple sources, that Ziff-Davis is buying CNET — unimaginable five years ago! Feels like good news for the team.

Todd Spangler /
Variety: CNET to Be Acquired by Ziff Davis for $100 Million

Jess Weatherbed /
The Verge: Ziff Davis is buying CNET for just $100 million

Benjamin Mullin /
TVNewsCheck: CNET Sold To Ziff Davis In Sign Of Possible Media Deals To Come

Next TV:

Future plans to end Broadcasting & Cable, Multichannel News, and NextTV in print and as newsletters, replacing them with one newsletter and revamping NextTV.com— By B+C Staff( Broadcasting & Cable ) published — Charlie Weiss will take on chairman role for B+C Hall of Fame, with Bill McGorry moving into chairman emeritus role

Discussion:
Variety, Los Angeles Times, Bob Gold on LinkedIn, The Wrap, The Desk, @michaelsocolow, @jbflint, The Hollywood Reporter and Talking Biz News

Discussion:

Todd Spangler /
Variety: TV Industry Trade Outlets Broadcasting & Cable, Multichannel News Are Shutting Down

Stephen Battaglio /
Los Angeles Times: Veteran TV trade journal Broadcasting + Cable is shutting down, in a sign of the times for media

Bob Gold /
Bob Gold on LinkedIn: Bye-bye Multichannel News, Broadcasting & Cable and Next TV magazines and newsletters - alas! I knew ye well. …

Michael Socolow /
@michaelsocolow: It's not even 12 noon, and the cuts in the media & journalism industry today are astonishing. -Tampa Bay Times cuts 20%. -Axios fires 50 people, last day this Friday. -Broadcasting & Cable magazine - the bible of the industry - to cease publication. This is bad. Real bad.

Joe Flint /
@jbflint: Broadcasting & Cable Mag, which made its debut in 1931 as Broadcasting Magazine, is officially no more. Media reporters that started there include John Lippman (former LAT & WSJ), David Crook (former LAT/WSJ) and @Variety_Cynthia. It was considered the bible of TV and radio. RIP

Alex Weprin /
The Hollywood Reporter: Broadcasting & Cable to Shutter As This Year's Media Meltdown Escalates

New York Times:

Internal memo: Axios CEO Jim VandeHei says the company is laying off about 50 employees, or ~10% of the company, due to “changes in the media business”— Jim VandeHei, the company's chief executive, said in an email that the cuts were necessary to adapt to “changes in the media business.”

Discussion:
New York Post, Fox Business, The Wrap, Nieman Lab, @katie_robertson, @samueljrob, @selenesanfelice, Deadline, @loopemma, Erin Hulliberger on LinkedIn, @daniellealberti, @ethangach, @ethanscorey, @billygribbin, @chrisjollyhale, @benkesslen, @aulia@threads.net, @justinbaragona, @chaykak, @redsteeze, @keitholbermann, @sophiacai99, @brandyljensen, @chriscillizza, @tblysik, @mikebrice, @sarafischer, @katie_robertson, @jdawsey1, TVNewsCheck, @sopandeb and Barrett Media

Discussion:

Alexandra Steigrad /
New York Post: Axios cuts roughly 50 positions amid ‘changing’ media landscape: ‘Painful but necessary’ Fox Business: Axios eliminating roughly 50 positions because of ‘tectonic shifts in the media’ industry

Natalie Korach /
The Wrap: Axios Lays Off 50 Staffers Amid Media Landscape Shift

Neel Dhanesha /
Nieman Lab: Axios has its first-ever layoffs, citing “shifting reader attention and behavior” and AI

Katie Robertson /
@katie_robertson: Internal memo: Axios CEO Jim VandeHei says the company is laying off ~50 people as part of “changes to adapt fast to a rapidly changing media landscape”

Sam Robinson /
@samueljrob: I'm losing my job Friday! Oh well. If you're a staffer I've been working with: Please send all campaign stuff/press releases to samueljrobinson@icloud.com after Friday. I'll still be posting On Here. If you're an employer and want to help me pay my rent soon, message me.

Selene San Felice /
@selenesanfelice: 1 big thing: Axios laid me off.

Jill Goldsmith /
Deadline: Axios Laying Off 50 Staffers, About 10% Of Workforce

Emma Loop /
@loopemma: I'm heartbroken to say I'm one of the people affected by the cuts at Axios today. I have a lot to figure out and will be taking some downtime, but if anyone in the U.S. or Canada is hiring, feel free to reach out.

Erin Hulliberger /
Erin Hulliberger on LinkedIn: Hate to hear about layoffs at Axios. Their newsletters are a daily go-to for me and many others, and I've had nothing but positive interactions with Axios reporters. …

Danielle Alberti /
@daniellealberti: The Visuals team was exceptionally hit hard by this news. Please reach out if you're looking for data viz designers, developers, data analysts, visual storytellers or illustrators. @ethangach: I love how this is framed around being forward thinking and then has no idea what is a really coming beyond “change”

Ethan Corey /
@ethanscorey: Oh God, they formatted their layoff notice like an Axios story. Horror compounding horror.

Billy Gribbin /
@billygribbin: Imagine getting fired with a “why it matters” explainer

Christopher Hale /
@chrisjollyhale: @katie_robertson @JimVandeHei The “why it matters” headline is a vicious way to present this.

Ben Kesslen /
@benkesslen: It's nasty work to do this in the Axios format. Make it a regular email...

Justin Baragona /
@justinbaragona: There's just something so unsettling that they used the Axios “smart brevity” bulletpoint format to fire their staffers. WHY IT MATTERS: You will no longer have a job.

Kyle Chayka /
@chaykak: smart brevity: why you got laid off

Stephen L. Miller /
@redsteeze: Wonder if laid off Axios people think we're entering a recession now. [image]

Keith Olbermann /
@keitholbermann: The suck catches up to Axios

Sophia Cai /
@sophiacai99: It's a really difficult day at Axios - we are losing some incredible colleagues and friends ❤️ please flag your newsroom's job postings

Brandy Jensen /
@brandyljensen: announcing this in the house style ("why it matters" bullet points) is so dark

Chris Cillizza /
@chriscillizza: Mainstream media journalism has a broken business model. Even Axios, which I think has led the way in terms of innovation and forward-thinking, isn't immune. If we want to have journalism going forward, we have to convince people they need to pay for it.

Tory Lysik /
@tblysik: Sadly I am one of the many who found out their position was eliminated today. It has been an absolute honor to work with such a hardworking group of people. I have a lot to figure out. But if anyone is hiring, especially in the NYC area, please reach out.

Mike Brice /
@mikebrice: It is the common curve with these media start ups. Promise the stars, attract talent with above market wages and then crash and burn. What was the name of the last company to do this? I already forgot.

Sara Fischer /
@sarafischer: My heart goes out to my company and those impacted by this. Please keep Axios talent in mind if you have job openings.

Katie Robertson /
@katie_robertson: More from the Axios note https://x.com/... [image]

Josh Dawsey /
@jdawsey1: Why it matters: you might not have a job anymore.

Natalie Korach /
TVNewsCheck: Axios Lays Off 50 Staffers Amid Media Landscape Shift

Variety:

Charles Barkley, a mainstay of TNT's Inside the NBA, reverses plans to retire and says he will keep working with WBD, which is fighting to keep NBA media rights— Charles Barkley says he isn't getting out of Warner Bros. Discovery's sports game. — The roundball great …

Discussion:

Andrew Marchand /
New York Times: The eye-popping $77 billion haul that shook up the NBA landscape — and the future of media

Liam Reilly /
CNN: Charles Barkley cancels his retirement plans, says he'll stay with TNT Sports for long term

Jason Clinkscales /
Sportico: Charles Barkley ‘Reaffirms’ Long-Term Commitment to WBD

Ben Axelrod /
Awful Announcing: Charles Barkley cancels retirement to remain with TNT Sports long-term

Dave Nemetz /
TVLine: Charles Barkley Walks Back Retirement Decision as Warner Bros. Discovery Fights to Retain NBA Games

Lucas Manfredi /
The Wrap: Charles Barkley Cancels Retirement, Commits to TNT Sports for ‘Years to Come’

Alex Sherman /
CNBC: Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA

Brian Steinberg /
Brian Steinberg on LinkedIn: NEW: Charles Barkley backs off retirement plans, says he will stay with Warner Bros. Discovery and looks beyond looming loss of NBA rights.... …

Chuck Schilken /
Los Angeles Times: Charles Barkley isn't retiring or joining another network. TNT ‘is the only place’ for him

Mike D. Sykes /
USA Today: 5 things (NHL!) Charles Barkley can still do with TNT when Inside the NBA leaves the network

Nellie Andreeva /
Deadline: Charles Barkley Will Stay With TNT Sports “For Years To Come” In Retirement Plans Reversal

Ryan Glasspiegel /
New York Post: Charles Barkley does about-face on TV retirement with TNT commitment

Peter Sblendorio /
New York Daily News: Charles Barkley nixes plan to retire, confirms long-term commitment to TNT Sports

Michael McCarthy /
Front Office Sports: Charles Barkley Un-Retires From TV, Says He's Staying With TNT

Alex Weprin /
The Hollywood Reporter: Charles Barkley Cancels Retirement Plans, Will Stay With TNT Sports for “Years to Come”

RELATED:
Wall Street Journal:

Sources: the NBA's deal with Amazon has several provisions that WBD can't match, including promotion of the NBA during Amazon's NFL streaming telecasts— League's media deal with tech giant included provisions Warner couldn't match, setting stage for legal fight

Discussion:
Sports Media Watch and USA Today

Discussion:

Axios:

X sues the World Federation of Advertisers, GARM, and GARM members CVS Health, Mars, Orsted, and Unilever over what Linda Yaccarino calls an “illegal boycott”— Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.

Discussion:
@lindayax, @elonmusk, PRWeek, Fast Company, The Verge, The Media Leader, CNN, Reuters, MediaPost, The Wrap, Variety, Wall Street Journal, The Verge, New Republic, Rumble, @kyliebytes, @digiphile@threads.net, @lorakolodny@threads.net, @elonmusk, @mac_ryan_@threads.net, @kateaconger@threads.net, @dankennedy_nu@threads.net, @theliamnissan, Ars Technica, @rstephens@threads.net, @baekdal, The Drum, Associated Press, TVNewsCheck, Associated Press, Deadline, Wired, Quartz, Engadget, Financial Times, Bloomberg, Ad Age, New York Times, @jesse_brenneman, The Information, @bobbyallyn, @stopfundinghate, @rumblevideo, Greg Glenday on LinkedIn, @chrispavlovski, Ruben Schreurs on LinkedIn, Futurism, @elizspiers@threads.net, @katieeyton, @sarafischer, @bobbyallyn, @lindayax, TechCrunch, Fox Business, Barrett Media and Digiday, more at Techmeme »

Discussion:

Linda Yaccarino /
@lindayax: An open letter to advertisers

Elon Musk /
@elonmusk: We tried peace for 2 years, now it is war

Brandon Doerrer /
PRWeek: Consultants call GARM antitrust lawsuit ‘disaster’ for X

Chris Morris /
Fast Company: Elon Musk's X claims advertisers boycotted the platform

Sabrina Quagliozzi /
The Media Leader: X slams advertisers in antitrust lawsuit

Wendy Davis /
MediaPost: Musk Sues GARM Over ‘Massive’ Ad Boycott

Josh Dickey /
The Wrap: Elon Musk's X Sues Advertiser Group for ‘Massive Boycott,’ Seeks Billions in Antitrust Case

Todd Spangler /
Variety: Elon Musk's X Sues Advertisers Accused of an ‘Illegal’ Boycott: ‘Now It Is War’

Wall Street Journal:
Elon Musk's X Sues Advertising Group Over Boycott That Allegedly Cost the Platform Billions

Kylie Robison /
The Verge: Inside X's all hands.

Edith Olmsted /
New Republic: Elon Musk's New Lawsuit Proves He's a Whiny Little Baby Rumble: Rumble Joins X to Sue Advertising Cartel that Allegedly Conspired to Withhold Digital Advertising Revenue

Kylie Robison /
@kyliebytes: NEW: In an all-hands at X, formerly Twitter, CEO Linda Yaccarino attempted to rally the troops after X filed a lawsuit against a coalition of major advertisers, claiming it had coordinated an “illegal boycott” and cost the company billions of dollars. Yaccarino urged employees

Alex Howard /
@digiphile@threads.net: I see X is asserting there's been a violation of the Sherman Act - an antitrust matter. Thanks to @kateaconger for uploading the suit: https://www.documentcloud.org/ ... Seems notable to me that the House committee cited didn't refer this matter to thejusticedept …

Lora Kolodny /
@lorakolodny@threads.net: the hopes of chilling effects are obvious! no need to wonder.

Elon Musk /
@elonmusk: Everyone who has been boycotted should file a lawsuit in every country they've been boycotted

Ryan Mac /
@mac_ryan_@threads.net: In the meeting, Linda Yaccarino just shouted out “the press” who figured out how to report on the employee all-hands meeting in real-time. She said it's a testament to the company's popularity and importance.

Kate Conger /
@kateaconger@threads.net: Linda Yaccarino is currently leading an employee all-hands to talk about suing GARM. She started by telling everyone that X is still a member of GARM, despite today's lawsuit. @mac_ryan_ https://www.nytimes.com/...

Dan Kennedy /
@dankennedy_nu@threads.net: I am not going to advertise on Xitter. Should I lawyer up?

Liam Nissan™ /
@theliamnissan: “I am suing all of the companies who refuse to advertise on my social media platform” - Sissy SpaceX [image]

Jon Brodkin /
Ars Technica: Elon Musk declares “it is war” on ad industry as X sues over “illegal boycott”

Robert Stephens /
@rstephens@threads.net: Give me your best rhymes with “self own”

Thomas Baekdal /
@baekdal: Heh.. I can't ever recall anyone convincing someone to advertise by suing them ¯\_(ツ)_/¯

Webb Wright /
The Drum: Elon Musk's X sues the World Federation of Advertisers over alleged advertising boycott Associated Press: Elon Musk's X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover

Jill Goldsmith /
Deadline: Elon Musk's X Sues Advertisers, Says Boycotts Violated Antitrust Law

William Gavin /
Quartz: Elon Musk's X thinks boycotting advertisers are creating a monopoly against it

Karissa Bell /
Engadget: X sues advertisers for ‘illegal boycott’ of the platform

Madlin Mekelburg /
Bloomberg: Musk's X Sues Group Over Ad Boycott That Cost Billions

Kate Conger /
New York Times: X, Owned by Elon Musk, Brings Antitrust Suit Accusing Advertisers of a Boycott

Jesse Brenneman /
@jesse_brenneman: What an incredible thing to say about people you are trying to get to pay money [image]

Sahil Patel /
The Information: X Sues Ad Industry Group, Some Top Advertisers

Bobby Allyn /
@bobbyallyn: The most significant thing about X's lawsuit against GARM are not the allegations, but the Texas judge: Reed O'Connor. He also is overseeing X's Media Matters suit and, in an extraordinary move, allowed discovery to start BEFORE a motion to dismiss was ruled on. (1/2) @rumblevideo: BREAKING: Rumble has joined @X to sue a cartel of advertisers and ad agencies who conspired to block ad revenue from going to certain platforms and content creators. GARM was a conspiracy to perpetrate an advertiser boycott of Rumble and others, and that's illegal. [image]

Greg Glenday /
Greg Glenday on LinkedIn: Tell me you don't understand the ad market without telling me you don't understand the ad market. If you're a seller at Twitter/X and you'd prefer …

Chris Pavlovski /
@chrispavlovski: Google just found out that they can't rig the search market to exclude their competitors anymore. And soon a cabal of advertisers and agencies will find out that they can't arbitrarily engineer a boycott of Rumble & X. We've joined @X to sue them, and we'll see them in court.

Ruben Schreurs /
Ruben Schreurs on LinkedIn: X, formerly Twitter, has filed an antitrust lawsuit against GARM, WFA, and four members. — The suit is frivolous, in my personal opinion …

Elizabeth Spiers /
@elizspiers@threads.net: I cannot fathom voluntarily tanking one's own career like this on behalf of a megalomaniac.

Katie Eyton /
@katieeyton: It's not just politics - a week is a long time in advertising too it seems. X files antitrust lawsuit against GARM. An organisation it re-joined 6 weeks ago. https://wfanet.org/...

Sara Fischer /
@sarafischer: NEW: @rumble is joining X in suing World Federation of Advertisers (WFA), BUT it's also suing @WPP and its subsidiary @GroupMWorldwide, one of the largest ad-buying firms in the country For more context on why GroupM, see my story from last month: https://www.axios.com/... [image]

Bobby Allyn /
@bobbyallyn: That allowed for vast amounts of broad and costly data collection from Media Matters, which the group compared to “harassment,” leading to layoffs due to crushing litigation costs - again, before the suit's merit's were even decided. Now that same judge has the GARM case (2/2)

Linda Yaccarino /
@lindayax: A Message to X Users [video]

Brian Heater /
TechCrunch: X files antitrust suit against advertising groups over ‘systematic illegal boycott’

Krystal Scanlon /
Digiday: X files federal antitrust suit against GARM, WFA, CVS Health, Mars, Orsted, Unilever

Awful Announcing:

Fubo's CEO blasts Venu, the Disney/Fox/WBD sports JV, saying it gives them control of 80% of the premium market and curbs competition, as he seeks an injunction— The new Fubo logo. — Fubo's earnings call was on Tuesday. Unsurprisingly, CEO David Gandler used part of his opening remarks …

Discussion:
IndieWire, The Streamable, Bloomberg Law, Next TV, Deadline, Bloomberg, Sportico and Cord Cutters News

Discussion:

Tony Maglio /
IndieWire: Why Does Venu Sports Want to Self-Destruct in 9 Years?

David Satin /
The Streamable: Fubo Wants an Injunction to Create Venu-Like Packages; What Would They Look Like if It Could?

Chris Dolmetsch /
Bloomberg Law: Fox-Warner-Disney Sports Streamer Should Be Blocked, Fubo Argues

Daniel Frankel /
Next TV: Fubo Begins Preliminary Injunction Quest Against Venu Sports as Antitrust Suit's Hearings Begin

Dade Hayes /
Deadline: Disney, Fox & Fubo Lawyers Clash In NY Court As Venu Sports Antitrust Lawsuit Goes Before Judge

Chris Dolmetsch /
Bloomberg: Fox-Disney Sports JV Is the ‘Last Straw,’ Fubo CEO Testifies

Brendan Coffey /
Sportico: Fubo Q2 Results Lifted by Baseball, Soccer; CEO Hits Venu

Luke Bouma /
Cord Cutters News: The Future of Fubo Maybe Decided Today

RELATED:

The Hollywood Reporter:
FuboTV reports Q2 North America revenue up 26% YoY to $383M vs. $368M est., North America paid subscribers up 24% to 1.45M, rest of world revenue up 2% to $8.3M

Discussion:
Fubo, The Desk, The Streamable, Media Play News, Cord Cutters News, Advanced Television, @fubotv_pr and Next TV

Discussion:
Fubo: Fubo Closed Q2 2024 With 26% Year-over-Year Revenue Growth, 24% Year-over-Year Subscriber Growth and Exceeded Guidance in North America; Global Business …

Matthew Keys /
The Desk: Fubo loses TV subscribers, trims financial losses in Q2

David Satin /
The Streamable: Fubo Falls to 1.45 Million Paid Users in North America, Posts 26% Year-Over-Year Revenue Increase

Erik Gruenwedel /
Media Play News: Fubo Ups Q2 Online TV Subs 24% to 1.45 Million, Narrows Fiscal Loss 50%

Luke Bouma /
Cord Cutters News: Fubo Lost 61,000 Subscribers In North America in The 2nd Quarter 2024 @fubotv_pr: Fubo Closed Q2 2024 With 26% Year-over-Year Revenue Growth, 24% Year-over-Year Subscriber Growth and Exceeded Guidance in North America; Global Business Achieved 6th Consecutive Quarter of Year-over-Year Improvement in Profitability Metrics https://www.businesswire.com/ ...

CNBC:

Reddit Q2: revenue rose 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques increased 51% YoY to 91.2M, and net loss dropped from $41.1M to $10.1M YoY— Reddit reported second-quarter results on Tuesday that topped analysts' estimates. — Here are the key numbers:

Discussion:
Bloomberg and Reddit Upvoted, more at Techmeme »

TechCrunch:

Amazon Music debuts Maestro, an AI-powered playlist generator, and Topics, which helps users find podcast episodes by topic and is powered by both AI and humans— Amazon Music announced Tuesday the launch of its new AI-powered feature, “Topics,” which allows users to explore podcast episodes …

Discussion:
About Amazon and The Verge, more at Techmeme »

The Verge:

A US federal judge rules Google has a monopoly in “general search text advertising” and Google's exclusive agreements enabled it to raise prices on that product— A federal judge ruled that Google violated US antitrust law by maintaining a monopoly in the search and advertising markets.

Discussion:
US District Court for the District of Columbia, Slate, CNN, The Atlantic, MarTech, CNN, The Guardian, Quartz, New York Times, Politico, Bloomberg, Android Central, Engadget, @statesdj@genomic.social, Shelly Palmer, Stewart Jeffries on LinkedIn, Lou Paskalis on LinkedIn, Beyond Search, One Man & His Blog, @kubikpixel@chaos.social, The Media Leader, TechRadar, MediaPost, BIG by Matt Stoller, Sportico, 9to5Mac, Boing Boing, AV Club, @jason_kint, @digitalsamiam, @marie_haynes, @jason_kint, @JamesGleick@zirk.us, Financial Times, AdExchanger, Jill Caren on LinkedIn, PhoneArena, Ars Technica, The Information, UPI, @jeff@newsie.social, ScheerPost.com, W Media Research, MediaPost, Reuters, @SomeGadgetGuy@techhub.social, Deadline, Variety, The Hollywood Reporter, @parismarx@mastodon.online, 9to5Google, BGR, CNBC, @theory@xoxo.zone, TVNewsCheck, The Wrap, @webology@mastodon.social, WTOL-TV, Ad Age, @kottke@mastodon.social, New York Post, The Drum, Fox Business, @Nonya_Bidniss@mas.to, TechCrunch, Los Angeles Times and Washington Post, more at Techmeme »

Discussion:

Ian Bogost /
The Atlantic: Google Already Won

Constantine von Hoffman /
MarTech: What the Google antitrust ruling could mean for advertisers

Nick Robins-Early /
The Guardian: Google broke law to maintain online search monopoly, US judge rules

Josh Sisco /
Politico: DOJ, states win Google search antitrust case

Jerry Hildenbrand /
Android Central: The Pulse: Google is now a monopoly but nothing will really change @statesdj@genomic.social: Microsoft and Apple wouldn't exist if it hadn't been for the 1981 IBM anti trust verdict. — Google and the dotcom boom wouldn't exist if it hadn't been for the 2001 Microsoft anti trust verdict. — Opportunities ahead as today's big tech monopolies are busted — https://www.nytimes.com/... Shelly Palmer: The Case Against Google — A federal judge has ruled that Google illegally abused its monopoly …

Stewart Jeffries /
Stewart Jeffries on LinkedIn: It's going to take a while to parse a 277-page opinion. — But the quickest take is that it didn't require new antitrust laws or Digital Markets Act style regulation for DOJ to bring this case. …

Lou Paskalis /
Lou Paskalis on LinkedIn: Busy day in the tech sector. The @Google ruling was not surprising but was shocking nonetheless if that's even possible. …

Stephen E. Arnold /
Beyond Search: Googzilla Is Not A Happy Camper

Adam Tinworth /
One Man & His Blog: Google is on the naughty step @kubikpixel@chaos.social: Google found guilty of illegally monopolizing the search and ad markets over the past decade! — »DOJ, states win Google search antitrust case: — “Google is a monopolist, and it has acted as one to maintain its monopoly,” Judge Mehta wrote.« — 👉 https://www.politico.com/... …

Sabrina Quagliozzi /
The Media Leader: Federal judge rules against Google in antitrust case

Lance Ulanoff /
TechRadar: Judge rules Google is a search monopolist and you might not like what comes next

Laurie Sullivan /
MediaPost: Google Antitrust Loss Will Change Search Forever

Matt Stoller /
BIG: BOOM: Judge Rules Google Is a Monopolist

Michael McCann /
Sportico: Google's Monopolist Ruling Could Bring Significant Sports Changes

Rob Beschizza /
Boing Boing: Judge rules Google has illegal monopoly on search

Matt Schimkowitz /
AV Club: In a banner ruling for Bing, federal judge deems Google a monopoly

Jason Kint /
@jason_kint: In fact, the Court found Google just spread out its manipulations of pricing in order to make it appear to just be “noise.” This is the part where my screaming in joy (thanks for all of the messages everyone :) ) turned to anger as I consider impact to Rest of World. /14 [image]

Sam /
@digitalsamiam: A few things here are interesting: (1) Mehta refers to Text Ads as a “submarket” - I'm sure Google's attorneys are going to use that (along with the attempted disintermediation of search ads + shopping ads) in an appeal. (2) I genuinely don't see a world where this [image]

Marie Haynes /
@marie_haynes: There are 2 kinds of ads Google shows, general search text ads and shopping ads, also known as Product Listing Ads, PLA's. [image]

Jason Kint /
@jason_kint: it also found Google manipulated its ad prices without - even considering - competitive effects. Reminder they doubled their search text ads on surfaces so THIS ABUSE SCREWED THE PUBLIC AND PUBLISHERS BY MANY MANY TENS OF BILLIONS. /3 [image]

James Gleick /
@JamesGleick@zirk.us: This is some seriously good news: — “The ruling is a harsh verdict on the rise of giant technology companies that have used their roots in the internet to influence the way we shop, consume information and search online — and indicates a potential limit of Big Tech's power. …

Jill Caren /
Jill Caren on LinkedIn: I would not be lying if I said I was actually shocked they lost. — But I am really glad they did. It will be interesting to see if anything comes of this. …

Alan Friedman /
PhoneArena: Federal judge rules that Google runs a monopoly with its search and search advertising businesses

Ashley Belanger /
Ars Technica: Google loses DOJ's big monopoly trial over search business

Jeff /
@jeff@newsie.social: A stunning sentence from the Court. — “Google is a monopolist, and it has acted as one to maintain its monopoly,” — https://www.cnn.com/... #Google #News #Court #Search #business

Julia Conley /
ScheerPost.com: US Court Rules Google a Monopoly in ‘Biggest Antitrust Case of the 21st Century’ W Media Research: Monopoly Ruling Vs Google: For Advertisers, More Choice, Better Products, Lower Prices @SomeGadgetGuy@techhub.social: Our legal system seems to FINALLY be catching up to the absolutely TERRIBLE business practices of big tech. — This case against Google might help set the stage for future investigations against Apple, Amazon, Meta, Microsoft, etc. — https://www.politico.com/... …

Winston Cho /
The Hollywood Reporter: Google's Search Business Violates Antitrust Laws, Court Finds In Major Ruling

Paris Marx /
@parismarx@mastodon.online: Google being found guilty of monopoly practices is a landmark finding that will affect the coming tech antitrust cases, but now the question is about consequences. — The remedies haven't been decided. Microsoft escaped the worst of them two decades ago. — https://www.theverge.com/... …

David Wheeler /
@theory@xoxo.zone: “After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly.” — https://www.theverge.com/...

Mark K. Miller /
TVNewsCheck: Judge: Google Illegally Maintains Monopoly Over Internet Search

Jeff Triplett /
@webology@mastodon.social: 🍿 This was not the monopolist breakup I wanted to read about in my timeline today, but it's a damn good start. — (In all fairness, it was in my top 2.) — https://www.theverge.com/... @kottke@mastodon.social: Google, a monopoly, loses its antitrust case against the Dept of Justice. “A federal judge ruled that Google violated US antitrust law by maintaining a monopoly in the search and advertising markets.” https://www.theverge.com/...

Thomas Barrabi /
New York Post: ‘Google is a monopolist’: Search giant broke antitrust law in landmark case, judge rules

Kendra Barnett /
The Drum: Google's search business violates US competition law, judge rules in landmark case @Nonya_Bidniss@mas.to: “After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” Mehta wrote in Monday's opinion. “It has violated Section 2 of the Sherman Act.” https://www.cnn.com/...

Associated Press:

The NYPD arrests independent videographer Sam Seligson on felony hate crime charges after he documented a pro-Palestinian protest in June— A New York City journalist was arrested on felony hate crime charges Tuesday after filming a pro-Palestinian protest earlier this summer …

Discussion:

Karen K. Ho /
ARTnews: Journalist Arrested After Filming Vandalism of Brooklyn Museum Leaders' Homes New York Post: NYC journalist charged with hate crimes for antisemitic vandalism — including at home of Brooklyn Museum's Jewish director

Phoebe /
@phoebe@sunny.garden: Cops are charging (Jewish) people with felony hate crimes for allegedly tagging the homes of the (largely non-Jewish) Zionist board of the Brooklyn Museum. — https://apnews.com/... #Palestine #NYC #ACAB #Gaza #Abolition #FreePalestine #zionism New York Daily News: Videographer busted for taking part in vandalism of Brooklyn Museum president's home @freedomofpress@newsie.social: This is VERY alarming. — Cops and prosecutors have dreamed up plenty of convoluted theories to criminalize journalism, but the NYPD charging a reporter with a hate crime for documenting news has to be one of the most outrageous yet. — https://apnews.com/... @joshuaphilll: A journalist arrested for recording a protest. They even acknowledge he didn't participate in the protest in any way. Fascism in response to anti-genocide protests.

Joey Scott /
@joeyneverjoe: The charges won't stick and they know it. But until they're dropped NYPD is free to terrorize and harass them.

Anne Ominous /
@rustoleumlove@mastodon.online: this is utter insanity — NYPD charged a journalist w a hate crime for filming a pro-palestinian protest — “Samuel Seligson, an indy videographer, was not involved in vandalism & is only accused of documenting it, [said a source] — ... …

Peter Sterne /
@petersterne: It is not illegal to report on illegal conduct. There can be gray areas - a journalist cannot participate in a crime and also film it - but the distinction between “doing something illegal” and “reporting on people doing something illegal” is fundamental to press freedom.

Alexei Koseff /
@akoseff: There appears to be a disturbing increase in authorities punishing journalists for simply covering protests. Here in California, @Stanford is pushing for the prosecution of a student reporter who covered a takeover of the president's office: https://www.sfchronicle.com/ ...

Peter Sterne /
@petersterne: This is concerning. It's common (though still wrong!) for the NYPD to detain journalists covering protests. But the NYPD raiding a reporter's home & arresting him on hate crime charges for covering a demonstration is a dramatic escalation of the war on the press.

Ash J /
@ashagony: Two people have been arrested so far over spray paint at the homes of some Brooklyn Museum execs & board members. That action was falsely labeled antisemitic after it was falsely reported that the execs/board members were all Jewish. Meanwhile, both people arrested are Jewish!

Matthew Ismael Ruiz /
@porican: the fascism, it is no longer creeping. the mask is fully off

Laila Al-Arian /
@lailaalarian: This arrest sets a very dangerous precedent and every journalist should be concerned

Adweek:

Some ad buyers say Netflix is now charging CPMs between $20 and $30, after originally seeking $65 in 2022 and a reported $39 to $45 in 2023— The streaming platform initially came to the market with $65 CPMs in 2022 — Netflix is further lowering the prices of its ads …

Discussion:
Catherine Perloff on LinkedIn, @catherineperlo1, TVNewsCheck and The Sun

Discussion:

Catherine Perloff /
Catherine Perloff on LinkedIn: Scoop: Netflix is further lowering their ad prices, as competition in streaming advertising heats up. …

Catherine Perloff /
@catherineperlo1: Scoop: Netflix is lowering ad prices again as the steaming landscape becomes more competitive. We also have details of the streamer's upcoming launch with The Trade Desk. https://www.adweek.com/...

Mark K. Miller /
TVNewsCheck: LMC's NewsPassID Ad Network Releases New Local News Ad Buying Solutions

Axios:

ProRata, which aims to attribute and share AI chatbot subscription revenue with content owners, raised a $25M Series A and inks deals with major media companies— A handful of major news and music companies have agreed to license their content to ProRata.ai, a generative AI startup that claims …

Discussion:

Michael Lang /
Michael Lang on LinkedIn: Proud to be part of ProRata.ai and the “movement” we are looking to create. And great to be back-in-business with my friend Bill Gross and Idealab …

Natalie Korach /
The Wrap: AI Startup ProRata Inks Major Media Partnerships With Promise of Compensation and Accurate Attribution

Dan Primack /
@danprimack: Zero points for naming originality...

Gabriel Brotman /
Gabriel Brotman on LinkedIn: ✊ At Axel Springer, we've long advocated for respecting intellectual property and compensating content owners for their work. …

Sara Fischer /
@sarafischer: Exclusive: @FT, @axelspringer. @TheAtlantic, @FortuneMagazine, @UMG have all struck deals to license their content to new AI startup called ProRata (not affiliated w @danprimack newsletter) —The firm, which raised $25M, claims it can attribute & share $ w content owners from AI

Murray Stassen /