Wall Street retreated from its records on Wednesday on worries about high interest rates.
CLOSING BELL
TVN+ FOCUS ON BUSINESS
Reverse Comp Regime Threatens Small Stations’ Existence
Broadcast networks asking for higher reverse comp payments even as retrans fees shrink along with pay TV. This story is available to TVNewsCheck Plus subscribers only. Become a subscriber here.
The deal could help TNT parent Warner Bros. Discovery shore up its position in sports as it faces the possibility of losing NBA rights.
BRAND CONNECTIONS
AI & THE MEDIA
FCC To Consider Disclosures For AI-Generated Political Ads
The FCC introduced a measure Wednesday that would require political advertisements to disclose the use of artificial intelligence software, in what could be the federal government’s first foray into regulating the use of the technology in politics.
The Nexstar cable network launches an early-evening weekend edition of NewsNation Now with Adrienne Bankert.
Exclusives
The veteran media executive has been serving as the company's interim head of distribution since February.
The global layoffs are expected to hit teams that handle user support and communications, as well as content and marketing. TikTok’s current global user operations team will be dismantled as part of the move, and remaining employees will be distributed among the company’s trust and safety, marketing, content and product teams.
What’s the cost of a game on the streaming giant? About $75 million each.
AI & THE MEDIA
LinkedIn Begins Labeling AI-Generated Content
Following other major social media platforms, LinkedIn has announced that it will begin adding labels to in-stream content created by generative artificial intelligence so its users better understand the posts they are interacting with.
Death and Other Details co-creator/executive producer Mike Weiss has joined the CBS drama series FBI as executive producer and showrunner. Meanwhile, Allen MacDonald has been tapped as executive producer and showrunner of NBC’s Chicago Med. Both Wolf Entertainment/Universal Television dramas are top 10 broadcast series in Live+7 Nielsen viewership.
The special will feature MSNBC's array of hosts and anchors, most of whom have spent time in the courtroom.
Live sports programming continues to deliver huge ratings for TNT and ESPN as both networks dominated last week’s primetime cable ratings chart.
The Nexstar-Scripps joint venture has the pieces in place to create a new revenue stream from NextGen TV.
The Benjamin Netanyahu-led country on Tuesday took the outrageous step of seizing a camera and other video equipment used by The Associated Press to broadcast a live feed of Gaza — a decision the country only reversed amid severe backlash from free press advocates and following a White House request. Pictured: AP video equipment is laid on the floor of an apartment block in Sderot, Southern Israel, shortly before it was seized by Israeli officials on May 21. (Josphat Kasire/AP)
The series starring Justin Hartley has become the first freshman show since Survivor to be the most watched entertainment show on television.
With viewers in their 60s, networks aren’t pretending to have youth appeal; they’re touting the virtues of older audiences.
AI & THE MEDIA
Google Teases New AI-Powered Marketing Mix Model
As part of a much broader push into AI-powered data and analytics products aimed at the ad industry, Google on Tuesday unveiled plans for a new marketing mix modeling platform, Meridian, that will be offered to advertisers and agencies later this year.
MONDAY OVERNIGHTS
‘All American’ Audience Surges, ‘SYTYCD’ Dips With Finale
NBC’s The Voice was Monday’s most-watched show and landed in a three-way tie for the nightly demo win (with 5.6 million total viewers and a 0.4 demo rating). CBS' The Price is Right at Night (3.4M/0.4) tied for the nightly demo win.
Voice actors are filing lawsuits while SAG-AFTRA is rallying lawmakers to bar AI companies from misappropriating members' likenesses.
After being named Outstanding Emerging On-Air Talent last year, Olsen was named the top Event Analyst during the three-hour ceremony at Jazz at Lincoln Center's Frederick P. Rose Hall in New York. CBS' coverage of the 2024 Super Bowl and Toy Story Funday Football, an alternate presentation of the Oct. 1,2023, game between the Atlanta Falcons and Jacksonville Jaguars on Disney+/ESPN+, won three Emmys apiece. (Julio Cortez/AP)
Sources with direct knowledge of the talks say Warner Bros. Discovery is still very much alive at the negotiating table to try to retain its NBA rights. TNT won’t get the league’s “A” package; that’s likely going to ESPN, along with the marquee rights to the NBA Finals. But WBD’s still in play for the “B” package, which comes with a conference final every other year, or a “C” package, which includes the new midseason tournament, play-in games, and early-round playoff series.
AI & THE MEDIA
Tech Giants Pledge AI Safety Commitments — Including ‘Kill Switch’ If They Can’t Mitigate Risks
Major tech companies, including Microsoft, Amazon, and OpenAI, came together in a landmark international agreement on artificial intelligence safety on Tuesday. Following the agreement, these companies will make voluntary commitments to ensure the safe development of their most advanced AI models.
It’s official – Walker will not be renewed for a fifth season by The CW. “We want to thank the entire cast, crew, writers, directors and producers of Walker for their hard work and dedication over four incredible seasons,” the network said in a statement. “We also want to give a special thanks to star and executive producer Jared Padalecki, who has been a member of The CW family for over 20 years and was integral to some of the biggest hits on the network.”
TVN’S MEDIA JOBS
New Jobs Posted To TVNewsCheck
New jobs posted to TVNewsCheck’s Media Job Center include openings for a vice president and general manager. Existing jobs include openings for a vice president and general manager, a lifestyle show producer, director of student media, a market manager and a digital platform specialist.
Technology leaders from NBC Regional Sports Networks, Sinclair, Gray Television, Hearst Television and Fox Television Stations discuss the benefits and challenges of remote production in an IP environment in a TVNewsCheck Working Lunch webinar on July 16 at 1 p.m. ET. Register here.
