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FCC votes to eliminate broadcast ownership rule

The Federal Communications Commission (FCC) on Thursday voted to eliminate a long-standing rule capping the number of households a single broadcaster can reach nationwide, a move the commission said is necessary to better help television networks compete with the rapid growth of tech companies in the media sector. The now-scrapped rule, which had been in...

FCC votes to eliminate broadcast ownership rule

We haven't written up this one. The Hill has the full story — the link below goes straight to it.

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Genius Sports' media surge shows shift beyond sportsbook data

Genius Sports, which provides real-time sports data, reported revenue rose 65% in the second quarter.

  • Genius Sports revenue from betting tech, content, and services up 28% YoY to $117.4 million
  • Media technology, content, and services segment revenue surged 193% to $78.2 million
  • Acquisition of Legend boosted media segment growth, adding 118 million users

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