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Sports Business Journal:
Sources: F1 renews a deal giving ESPN US media rights through 2025, rejecting Amazon and Comcast, for around $75M-$90M/year, up from the current $5M/year
Netflix lays off roughly 300 people out of its ~11,000 global employees, with the bulk of the jobs lost in the US, after initial job cuts of 150+ in May 2022
Alex Sherman / CNBC:
Semafor will be ad-supported for “six, 12, maybe 18 months” before adding a paywall and will hire talent agents to pair journalists with products and events
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