Execs Chris McCarthy, Brian Robbins and George Cheeks are eligible for enhanced benefits and cash bonuses in the event the media conglomerate is sold.
The tech solutions — OpenPass and Unified ID 2.0 (UID2) — are both designed to make it easier for advertisers to identify their desired audiences and measure performance for digital advertising.
CLOSING BELL
Dow Gains 69, Nasdaq Rises 59, S&P Adds 14
Wall Street ticked up to more records Monday ahead of this week's Fed meeting.
BRAND CONNECTIONS
The artificial intelligence startup hired two execs with experience managing large social media platforms.
Since unveiling its now-familiar design aesthetic in 2015, PBS NewsHour has taken the next step in its evolution thanks to a newly expanded broadcast facility. “The 2015 set was so well received that it was an easy decision to carry on the stylistic DNA they were composed of,” said designer Eric Siegel, ahead of the June 10 launch of the new studio, graphics, logo and rebranding as PBS News on its digital platforms.
Exclusives
Shari Redstone may have yet another offer on the table to buy National Amusements Inc., the controlling shareholder of Paramount Global — the latest twist in the months-long M&A drama swirling around the troubled media conglomerate. (Mark Lennihan/AP)
Anna Schecter Zigler, who comes from NBC News, will head up the crime beat, the final piece in CBS’s hub model.
Apple's annual World Wide Developers Conference on Monday is expected to herald the company's move into generative artificial intelligence, marking its late arrival to a technological frontier that's expected to be as revolutionary as the invention of the iPhone. (Jeff Chiu/AP)
OTT/CTV advertising also scaled back, but it’s still a ‘jackrabbit’ among ad formats.
The newspaper’s new publisher, Will Lewis, argued against coverage of British phone hacking. Instead, he has invited renewed scrutiny.
The FCC’s failure to relax ownership rules could prompt radio and TV stations to favor investment in unregulated platforms to distribute their content, the National Association of Broadcasters said in a hard-hitting June 6 filing at the FCC. The NAB warned that the FCC could see broadcasters go the way of the ailing newspaper industry if they are held back by regulation to achieve the kind of scale needed to compete with Big Tech.
Averaging 10.99 million viewers, the audience delivery was down 5% from last season's Game 1 and was also the sixth worst for a Finals opener in the Nielsen era.
Popular shows including Love Is Blind, the Real Housewives universe and Vanderpump Rules are being challenged in court amid a changing legal landscape. Pictured: Netflix's Love Is Blind, a buzzy dating show, is now the subject of several lawsuits. Renee Poche, the contestant on the left, has been locked in a legal dispute with the production.
General Motors is on track to reach its goal of 8% of its advertising placed with Black-owned media by 2025. That's according to executives from the automaker who were on hand at the Black Owned Media Weekend in Detroit, hosted by the Black Owned Media Equity and Sustainability Institute. The nonprofit emphasizes the importance of Black owned media in the industry and best practices for building a sustainable future.
Streamer spending in Europe is set to overtake public and commercial broadcasters this year for the first time, topping €10 billion ($10.6 billion), according to new research from Ampere Analysis.
Maybe Skydance's deal for Paramount isn't what she expected. Or maybe no matter what happens, she knows she can't match her father's empire-building legacy.
OPENING BELLS
Stock Market Today: Global Markets Mostly Stumble Following Hotter-Than-Expected US Jobs Report
World stocks were mostly lower on Monday after a U.S. jobs report released Friday came in hotter than expected, while the euro fell after French President Emmanuel Macron dissolved the National Assembly following a setback in Sunday's parliamentary election.
General Hospital was once again the big winner at the Daytime Emmys, while Dick Van Dyke was recognized for his guest work on Days of Our Lives and The Kelly Clarkson Show won its fourth consecutive trophy for Outstanding Daytime Talk Series.
Production is currently underway on the 12-episode fifth season of 9-1-1: Lone Star amid rampant speculation that this is the show’s final chapter and without one of the series regulars, Sierra McClain, who quietly left following some cast renegotiation drama.
The tennis tournament will air on WBD’s cable networks, Max and the Bleacher Report digital sports hub beginning in 2025. (Christophe Ena/AP)
Leaders from Televisa Univision, WCVB, KPIX and Ross will discuss the upshots of adopting virtual sets and AR into their news production and the challenges they’ve navigated along the way in a TVNewsCheck Working Lunch Webinar on June 27 at 1 p.m. ET. Register here.
Technology leaders from NBC Regional Sports Networks, Sinclair, Gray Television, Hearst Television, Fox Television Stations and Vizrt 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.
