In brief: The damages are on top of the $4.1m in compensatory damages the jury awarded the plaintiffs on Thursday.
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In brief: The French Data Protection Agency (CNIL) has proposed a fine of €60m ($65.4m) for adtech company Criteo for alleged breaches of European general data protection regulations following an official investigation.
This is a daily digest of news stories from around the media world, updated by The Media Leader team, to ensure you’re 100% up-to-date.
In brief: Twitter has accused Elon Musk of “conjuring” the issue of spam bots on the platform to back out of its $44bn acquisition deal in legal filings made public on Thursday.
In brief: the $4.1m is in compensatory damages; the jury is still deciding on how much Jones must pay in punitive damages.
In brief: Sinclair’s total Q2 advertising revenues declined 25% from $491m in Q2 2021 to $366m in Q2 2022.
In brief: over half (57%) of Stagwell’s Q2 revenues were attributed to digital services, with organic year-over-year growth in digital revenues of 28%.
Paramount+ added 3.7 million net subscribers to grow to 43 million globally and grew revenue 120%
In brief: In addition, Roku has created a dedicated live TV guide for Paramount+ live content, the first time it has done so.
In brief: the closure follows objections from Conservatives over concerns that user data on TikTok can be accessed from China.
