In brief: the deal includes an additional $25m in investments for Axios’ media arm to expand the publication’s local, national, and subscription news products.
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In brief: Maximum Effort Productions has entered into a multi-year, multi-pronged partnership with FuboTV that includes a first-look deal for unscripted content.
In brief: European broadcaster, RTL Group, reported paying subscribers for its streaming services in Germany and the Netherlands were up 48.0% to 4.5 million, with streaming revenue up 5% to to €130 million.
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: Audi has partnered with Sky Sports to become its first innovation partner.
In brief: Alight Media now has a network of 300 digital 48-sheet billboards in 123 towns across the UK.
In brief: Sky and streaming service DAZN have signed a strategic agreement in Italy making the DAZN app available on Sky Q from 8 August.
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: 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%