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  • Across the internet:
  • Sovereign ads: European telcos, retailers, and adech companies launch European Media Marketplace, enabling ad buys across a number of major media owners using an array of advertiser-friendly datasets.

  • CMO stars: Forbes released its annual list of the world’s most influential CMOs.

  • Streaming consolidation: Comcast's Sky is set to buy ITV, including the British broadcaster’s streaming unit. 

  • Streaming consolidation: Viu and iQIYI are teaming up on a single streaming subscription across Southeast Asia, pairing the former’s Korean-led catalogue with the latter’s Chinese and local-language slate.

  • Big responsibility: A German regional court ruled that Google is responsible for its AI Overviews, potentially leaving Big Tech firms open to defamation lawsuits.

  • Across the pond: Netflix will host its first UK Upfront later this year, as the company says Netflix Ads reached one in four UK adults in April according to Barb.

  • Passing the ball: Soccer governing body FIFA's streaming service, FIFA+, moves to DAZN.

  • None for you: OpenAI said it is not planning to share ad revenue with publishers, when their content is surfaced next to adverts.

  • Ad market abuse: More than 20 European news publishers are taking legal action against Google for alleged adtech monopoly abuses.

  • ChatGPT Ads: OpenAI said it will serve personalized ads only to EU users who explicitly opt in, while others will get contextual ads.

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The readout

U.S. sports TV ad spend to increase by more than $5 billion

New data shows that sports TV ad spending across linear and CTV will grow more quickly than the overall TV ad market over the next four years.

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Outcomes were a core tenet of the top TV networks’ upfront pitch this year. So what’s keeping buyers and sellers from guaranteeing outcomes in an upfront deal?

June 1

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