By S-3 Public Affairs
Fact of the Week: Axios’ Sara Fischer notes in her new weekly media trends newsletter, “Roughly 50% percent of ad dollars flow to Google and Facebook, America’s ‘Duopoly.’ Together they are expected to take 83% of every new ad dollar, according to calculations from Digital Content Next, the premium publishers association.” To put that in perspective, “Google’s ad revenue has almost caught up to all print ad revenue globally and Facebook’s ad revenue is quickly approaching all radio ad revenue globally.”
In the Administration: President Trump on Wednesday heads to Poland ahead of the G-20 summit, which begins Friday. Fox News reports, “Trump will also attend a summit in Warsaw devoted to the Three Seas Initiative … The initiative’s focused on expanding and modernizing energy and infrastructure ties in a region of Central Europe from the Baltic Sea in the north to the Adriatic and Black seas in the south.” The president will give a speech on Thursday, “at the site of a memorial to the 1944 Warsaw Uprising against the Germans, a Polish official says.”
Friday, President Trump will head to Hamburg, Germany for the G-20 summit where he is also expected to meet with Russian President Vladimir Putin. Reuters notes a recent speech from German Chancellor Angela Merkel raising the “prospect of an open clash” between Merkel and President Trump. “Asked about Merkel’s comments, Trump’s national security adviser, H.R. McMaster, said the U.S. relationship with Germany was ‘as strong as ever’ and played down the discord. ‘Of course there are going to be differences in relations with any country, and we’ll talk frankly about those differences. The president enjoys those conversations,’ McMaster told reporters.”
On the Hill: The House and Senate are at home for the July 4 holiday as Senate leaders continue to look for a path forward on health care. The APreports that Senate Majority Leader McConnell remains committed to a simultaneous repeal and replace strategy, despite a tweet from President Trump. “McConnell told reporters after an event Friday in his home state of Kentucky that the Republican health care bill remains challenging but ‘we are going to stick with that path’ … ‘failure has to be possible or you can’t have success.’”
The Hill explains one Senate Republican tactic: update the CBO benchmark. “They say the CBO used data from March 2016 in coming up with the analysis that 22 million people would lose health insurance. By using a more recent benchmark from this year, Sen. Ron Johnson (R-Wis.) argues that number might come down by as much as 6 million.”
In the Media: Wimbledon was the first sporting event live-streamed by Twitter last year. As it gets underway this year, TechCrunch notes Twitter’s continued growth in this space. “In the year since, Twitter has delivered a slew of live streamed sports, sports-related programming, news, concerts, and other events to its service, including streams from the NFL, MLB, NBA, NHL, NLL, college sports, even esports, and many more. …the cumulative effect – or, at least Twitter hopes – is that people will begin to think to check Twitter to see if something is being live streamed. And if Twitter can gain mindshare around live video even without deals as big as NFL games, that could long-term help boost its other metrics – like signed-in users, ad dollars, and more.”
Have a wonderful 4th of July!