Plus: How's YOUR balance? | Saturday, August 20, 2022
| | | | | | | Presented By Facebook | | | | Axios AM | | By Mike Allen · Aug 20, 2022 | | Happy Saturday. Smart Brevity™ count: 792 words ... 3 mins. Edited by TuAnh Dam and Donica Phifer. | | | | | | 1 big thing: Big Tech suits up |  | | | Illustration: Shoshana Gordon/Axios | | | | Big tech is suddenly paying big money for live sports rights, after years of watching legacy networks dominate the field, writes Tim Baysinger of Axios Pro: Media Deals. - Why it matters: Sports rights had already hit the stratosphere. The addition of trillion-dollar tech giants will propel them further.
What's happening: Apple has quickly established itself as a major player for sports rights with deals for Major League Baseball and Major League Soccer that could end up totaling more than $3 billion. - Amazon is building a sports empire of its own, with regional deals for U.S. teams — including the Yankees, through a minority stake in New York RSN YES Network.
- Amazon bought rights to NFL's "Thursday Night Football" franchise for $1 billion a year through 2023.
- Internationally, Amazon holds regional rights for the Premier League, and France's Ligue 1 and 2 — plus UEFA Champions League, which owns rights in Italy and Germany, and will own U.K. rights starting in 2024.
What we're watching: Apple and Amazon are battling for the NFL's Sunday Ticket package — a deal that's expected to include a stake in the league's media business — with Apple seen as the heavy favorite. 📺 Reality check: Most of sports rights are still held by the established media giants, which now have their own streaming services. 💡 Between the lines: Traditional media companies love sports for their ability to drive huge viewership that turns into big ad dollars. Big tech has a different goal. - Apple and Amazon are more concerned with their ability to attract new subscribers that they can convert to higher-margin parts of their business.
🔮 What's next: The NBA's upcoming rights renewal will be closely watched next year. - The NBA's current deal runs through the 2024-25 season, but it's attractive for the younger audience compared to the other sports and has a reputation for forward-thinking under Commissioner Adam Silver.
Get a free 14-day trial of Axios Pro: Media Deals. |     | | | | | | 2. ☢️ Fear of radioactive disaster in Ukraine | | Six reactors of the Zaporizhzhia nuclear plant in Russia-occupied Ukraine, as seen from space yesterday. Satellite image ©2022 Maxar Technologies via AP Dire warnings from Russia and Ukraine about a possible attack at the Zaporizhzhia nuclear power plant in southeastern Ukraine — Europe's largest nuclear plant — sent residents fleeing, The Washington Post reports: - "Both Russia and Ukraine are warning that the other could conduct a 'false flag' attack, an operation designed to disguise the country responsible.
Kyiv said Russian forces plan to disconnect the facility from the Ukrainian power grid and link it up to the Russian one, Reuters reports. - The plant was captured by Russia in March but is still run by Ukrainian technicians. Two of the facility's six reactors are working.
Share this story. | | | | | | | | 3. Sign of our times — that this is news | | Former Vice President Pence, joined by Sen. Chuck Grassley (R-Iowa), speaks to reporters yesterday at the Iowa State Fair in Des Moines, Iowa. Photo: Charlie Neibergall/AP DES MOINES, Iowa (AP) — Former Vice President Pence said he didn't take any classified information with him when he left office. - Pence, asked if he retained any classified information upon leaving office, told AP: "No, not to my knowledge."
Share this story. | | | | | | | | A message from Facebook | | Facebook is taking action to keep its platform safe | | |  | | | | Over 40 million people use Facebook Privacy Checkup each month. That's nearly 60 times the population of Washington, D.C. That's just one example of the work we're doing to create safer connections. Learn more about our work ahead. | | | | | | 4. 🕶️ Where it's getting hotter |  Data: First Street Foundation. Map: Erin Davis/Axios Visuals Miami-Dade is the U.S. county that'll see the biggest jump in dangerous days — above 100° — by 2053, our new Axios Miami newsletter reports from new projections by the nonprofit First Street Foundation. - Miami-Dade has more than 100,000 outdoor workers — more than any other county in Florida, the Miami Herald found.
🔎 Search your property: Check your risk of flood, fire and sea-level rise (by address, ZIP, city or county). | | | | | | | | 5. 🧳 Buttigieg: Airlines should do more for stranded fliers |  | | | Illustration: Maura Losch/Axios | | | | Transportation Secretary Pete Buttigieg told 10 of the biggest U.S. airlines to do more to help stranded and delayed passengers. - Buttigieg said in letters sent to major air carriers that recent travel disruptions have been "unacceptable," Axios' Herb Scribner writes.
- He warned that the Transportation Department might adopt new rules to help passengers facing heavy cancellations and delayed flights amid a summer of revenge travel.
Buttigieg said the DOT is "contemplating options" to create new regulations to "further expand the rights" of air travelers. - He told airlines to adopt customer-service plans that guarantee support to passengers facing travel problems, including meal vouchers for delays of three or more hours.
- Airlines also should provide lodging to passengers who need to wait overnight for a new flight, Buttigieg said.
The trade group Airlines for America said carriers will work with the DOT to provide transparency for travelers. The group told Buttigieg earlier that it's "in an airline's inherent interest to keep customers happy." | | | | | | | | 6. 📷 Parting shot | | Photo: Jeff Pachoud/AFP via Getty Images French highliner Julien Roux balances on a slackline while training this summer near Annecy, known as the Venice of the French Alps. Photo: Jeff Pachoud/AFP via Getty Images See his Instagram: "Julien Roux ... Highliner who wants to link the world." | | | | | | | | A message from Facebook | | We spent $16 billion to enhance safety and security in the past 6 years | | |  | | | | That's enough to build 7 pro stadiums – all to keep our communities safe and create more meaningful connections. That's just one example of the work we're doing. Facebook is taking action to keep its platform safe. Learn more about our work ahead. | | | | 📬 Invite your friends to sign up to get their daily essentials — Axios AM, PM and Finish Line. |  | | Are you a fan of this email format? It's called Smart Brevity®. Over 300 orgs use it — in a tool called Axios HQ — to drive productivity with clearer workplace communications. | | | |
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