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Fox strikes deal for boxing matches; Getty family to take over Getty Images

Top News

* 21st Century Fox Inc. reached an agreement with Premier Boxing Champions for rights to show fights on FOX (US), FOX Sports 1 (US) and pay-per-view, The Wall Street Journal reports. Starting in December, FOX Sports 1 will have the rights to show 12 fights annually, while FOX will have rights for 10 fights.

* The Getty family will resume full control of its namesake visual content company Getty Images Inc. after acquiring a majority stake held by private equity firm Carlyle Group LP, the parties announced. Under the terms of the deal, the Getty family will buy Carlyle's equity interests for cash plus units that provide Carlyle with an ongoing financial interest in the future growth of Getty Images. Following the transaction's closing, expected by the end of the third quarter, Getty Images will undergo several executive changes.

* Social media executives will testify on foreign influence operations in front of the Senate Intelligence Committee, while Judge Brett Kavanaugh's nomination to the United States Supreme Court will be considered by the Senate Judiciary Committee.

* Federal Communications Commission Chairman Ajit Pai wrote in blog post Sept. 4 — a day before social media executives are scheduled to testify in congressional hearings — that social media companies need to address issues of transparency, privacy and online expression.


* In an effort to speed the deployment of next-generation 5G technology on a national level, the U.S. Federal Communications Commission will vote Sept. 25 on an order aimed at making it easier for network operators to deploy the small cells they will need. Small cells are cellular base stations and antennas that can vary in size but are generally the size of shoe boxes or backpacks. They are a part of the network densification necessary for 5G deployment.

* Microsoft Corp. unveiled a call-recording feature for Skype, according to an official blog post. Call recording will be cloud-based and is now available on the latest version of Skype and on most platforms, except Windows 10. The feature will become available on Windows 10 with the latest version of Skype in the coming weeks.


* Former Walt Disney Co. executive Christie Fleischer has joined Netflix Inc. as global head of consumer products. In this role, Fleischer will oversee retail and licensee partnerships, publishing, interactive games, merchandising and experiential events, the company said. At Disney, Fleischer previously was head of merchandise for parks, experiences and consumer products.

* Poor reception of Inc.'s coverage of the U.S. Open Tennis Championships in the U.K. and Ireland is drawing attention to the challenge that streaming companies face in the world of live sports as they go head-to-head with traditional TV players. The Seattle-based tech giant, which this year secured a five-year deal to stream the tournament in the two countries, has been inundated with complaints about poor picture quality, the inability to record matches, technical glitches and restricted choice of courts to watch.

* World Wrestling Entertainment Inc.'s in-ring series, "Mixed Match Challenge," will return for a second season on Facebook Inc.'s Watch platform, according to a news release. Starting Sept. 18, Facebook Watch will exclusively livestream the series. The series will be available in the U.S., Australia, Brazil, France, Germany, Indonesia, Mexico, Philippines, Spain, Thailand and Vietnam.

* Netflix, Amazon and STAR India Pvt. Ltd.'s Hotstar discussed the implementation of a voluntary censorship code in India for online content, The Economic Times (India) reports, citing three people familiar with the matter. Stakeholders of the video-on-demand industry reportedly met in New Delhi on Sept. 4, to discuss the possibility of such a code amid rising concerns about regulatory uncertainties in India. The code will ensure that the content offered by the platforms are free of hate crimes, child pornography, and other inappropriate matter.

* Facebook expanded its headquarters in Menlo Park, Calif., with the completion of its latest project, the MPK 21 building. The new building, designed by Frank Gehry, has a 3.6-acre rooftop garden featuring more than 200 trees and is built with environmentally friendly materials, according to an official blog post.

* will premiere unscripted series "Pistorius" on Sept. 6, Multichannel News reports, citing a company statement. The four-part series is about South African Paralympic and Olympics sprinter Oscar Pistorius, who shot and killed his girlfriend on Valentine's Day 2013.

* Henry Cavill has joined the cast of Netflix series based on "The Witcher" fantasy franchise. Cavill will play the lead role of Geralt of Rivia in the series, the company said. The series will feature eight episodes.

Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.

The day ahead

Early morning futures indicators pointed to a lower opening for the U.S. market.

In Asia, Hang Seng fell 2.61% to 27,243.85, while the Nikkei 225 fell 0.51% to 22,580.83.

In Europe, around midday, the FTSE 100 decreased 0.45% to 7,424.68, and the Euronext 100 decreased 0.84% to 1,039.01.

On the macro front

The MBA mortgage applications report, the international trade report and the Redbook report is due out today.

Featured news

The Daily Dose Europe: Ericsson, Sprint ink global IoT deal; eir to invest €1B in fiber expansion: Swedish tech giant Ericsson has struck a global partnership with Sprint Corp. for internet of things-related ventures, while Irish telco eir Group plc is planning to invest €1 billion for the expansion of its nationwide fiber network.

The Daily Dose Asia-Pacific: China explores China Unicom, China Telecom merger; Maoyan files for US$1B IPO: China's top leaders are reviewing a proposal to merge state-owned mobile carriers China Unicom and China Telecom Corp. Ltd., while Beijing-based online movie ticketing platform submitted its application for a Hong Kong IPO.

Telefónica to offer 4K-quality satellite stream; fuboTV launches in Spain: In this monthly Southern Europe Video Spotlight feature, S&P Global Market Intelligence provides a roundup of news related to over-the-top, video-on-demand and other online video initiatives in Spain, Italy, Portugal, Greece and Turkey.

The week in OTT: Spotify upgrades students plan; Facebook Watch goes global: Spotify Technology SA upgraded its Spotify Premium for Students plan with the addition of Showtime, while Facebook made its Watch video service available worldwide.

Featured research

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Global Multichannel: Cable residential broadband to reach $3.5B in Mexico, fiber to rule commercial: Cable and fiber are expected to dethrone DSL as the top broadband technology in Mexico. By 2027, cable is expected to generate the most residential revenue while fiber commands commercial broadband. Cable leads in terms of affordability.

Economics of Advertising: Top telecasts in July include '60 Minutes,' 'America's Got Talent': News was again the prevailing genre during July, led by "60 Minutes" and "ABC World News Tonight." "America's Got Talent" is still the top reality show of the summer. Ratings for the 2018 World Cup Final declined 28.3%, compared to the 2014 matchup.

The Best Of: Kagan research and analysis, editor's picks: Presenting the editor's top picks from Kagan's exclusive research and analysis for the week ended Aug. 31.

The Daily Dose has an editorial deadline of 7 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.