Mumbrella's Summer Shorts Series – Episode Nine

You don’t have to settle for retrospectives and predictions for the media, marketing and advertising worlds during the off-season.Mumbrella has you covered all through the holiday break. And you won’t find this in any newsletter – so keep popping back for updates.We’d like to keep this interactive, so please, if you’d like to be part of Mumbrella’s industry insider holiday summer camp, send your thoughts, sightings, and ideas to abanks@mumbrella.com.au.Short shortsUS media companies plan to spend at least $115 billion on new movies and TV shows next year to compete with video streaming services that generally lose money. Walt Disney, Comcast, WarnerMedia and Amazon, among others, stand to lose money on their streaming services. Including sports rights, the aggregate spending estimates reach $140 billion. (Financial Times) Police have raided and arrested senior staff of a vocal pro-democracy website in Hong Kong. In a statement, Stand News announced that its website and social media accounts had been taken down and would no longer be updated. (Sky News) “The current land-grab from sports-betting services for new customers is proving to be fruitful for media companies — Turner Sports, for example, expects to make more than $400 million from its deals with DraftKings…
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