Mediagazer: Using Taylor Swift's career as a case study to review the music industry's evolution from CDs to streaming, a model on the precipice of a failed marketplace (Nilay Patel/The Verge)

3:50 PM ET, January 17, 2023

Top News:

James Vincent / The Verge:

Getty Images says it has started legal proceedings against Stability AI, creator of Stable Diffusion, in the UK, alleging copyright violation — Getty Images is suing Stability AI, creators of popular AI art tool Stable Diffusion, over alleged copyright violation.

Jon Christian / Futurism:

After Futurism found major errors in an AI-written “fact-checked” CNET article, CNET updated almost all its AI pieces as currently being reviewed “for accuracy” — CNET is now letting an AI write articles for its site. The problem? It's kind of a moron.

Discussion: @lilyraynyc, @stefthepef, The Desk, @blackamazon, @techwontsaveus, @jakeswearingen, @parismarx, @tomaxwell, @kantrowitz and @jon_christian, more at Techmeme »

Sara Fischer / Axios:

Robinhood plans to launch Sherwood Media, an independent brand led by veteran tech editor Joshua Topolsky; Sherwood will be the Snacks newsletter's new home — Retail trading platform Robinhood is launching an independent media brand called Sherwood that will be led by veteran tech editor and media entrepreneur Joshua Topolsky.

Discussion: Observer, @joshuatopolsky, @jamespmcleod, @alexh_johnson, @katienotopoulos, @jamespmcleod, @edzitron, @smtuffy, @weareyourfek, @seangriffey, @marvyndodgers, @sarafischer, @matt_levine_1, @sophiekleeman, @joshelman and @rafat, more at Techmeme »

Charlotte Tobitt / Press Gazette:

Interview with Zing Tsjeng, Vice and Vice UK's newly appointed EIC, on the necessity of hiring Gen Z writers and the importance of using platforms like TikTok — Zing Tsjeng has been appointed editor-in-chief of Vice.com and Vice UK. — Newly appointed editor-in-chief of Vice …

Discussion: @pressgazette, @mattnavarra and @pressgazette

Lauren Forristal / TechCrunch:

HBO Max will stream its first live sporting event tonight, the US Women's Soccer National Team vs. New Zealand, part of an eight-year deal with Turner Sports — HBO Max makes history tonight with its first-ever domestic live sporting event. Starting at 10 p.m. ET, U.S. subscribers can watch …

Discussion: Next TV, CNET and The Streamable

Nilay Patel / The Verge:

Using Taylor Swift's career as a case study to review the music industry's evolution from CDs to streaming, a model on the precipice of a failed marketplace — Streaming's the problem. It's streaming. … I have this theory that music is usually about five years ahead of the rest of media …

Discussion: Music Ally

Morning Consult:

Survey: 46% of US podcast listeners prefer podcasts with video, 15% would pay $10-$25 to attend a live podcast event, 33% say YouTube is their favorite platform — YouTube is the most preferred podcast platform among regular listeners, ahead of Spotify and Apple, according to Morning Consult data

Zheping Huang / Bloomberg:

CryptoSlam and Forkast.News plan to merge and become Forkast Labs, offering crypto investors news, data, and tools; both are Animoca Brands portfolio companies — Animoca Brands Corp. founder Yat Siu helped engineer the merger of two startups his firm backed, aiming to create a data …

Discussion: Axios, Forkast, Yahoo Finance, The Block and Forkast, more at Techmeme »

Diana Pearl / Business of Fashion:

Vogue plans to publish 10 print issues in 2023, down from 11 for the past three years, including the most recent “Winter” issue and the combined June/July issue — Vogue will publish 10 print issues in 2023, down from 11 issues the past three years.

Discussion: MediaPost

Alex Weprin / The Hollywood Reporter:

Filing: Bob Chapek earned $24.2M in Disney's FY 2022, down from $32M in FY 2021, and is set to receive a $20.4M severance package; Bob Iger made $15M in FY 2022 — The pay disclosures come after a tumultuous few months at the company, with Chapek being ousted, only to be replaced his predecessor Iger.

Discussion: Variety, The Wrap, Deadline and @alexweprin

Charlotte Tobitt / Press Gazette:

Reuters plans to add 100 editorial roles globally and restart its plan for a consumer-facing paywall, expanding its partnership with the London Stock Exchange — The Reuters global newsroom will see investment in 100 editorial roles. — Reuters will create 100 new editorial roles around …

Discussion: Reuters and Talking Biz News

Seb Joseph / Digiday:

Despite an ad slowdown, VaynerMedia estimates ad spending on TikTok rose 20% from Q1, Q2, and Q3 2022 to Q4 2022 and expects the trend to continue in 2023 — Every downturn is good for someone. Take TikTok, for instance. — Even as marketers continue to scrape dollars back wherever they can …

Discussion: @mattnavarra

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More News:

Thomas Seal / Bloomberg:
GB News Head of Television Helen Warner leaves the UK right-wing broadcaster after less than four months, the latest executive to exit the free-to-air channel

Discussion: @drmatthewsweet

Bron Maher / Press Gazette:
A look at Cheapskate, a newsletter that lists free events happening in London and has attracted 10,000 subscribers in under four years, mostly via word of mouth

Discussion: One Man & His Blog, What's New in Publishing, @pressgazette, Media Voices, Sofa to Startup Newsletter, @katesamuelson, The Scholarship Mentor and Jannatul's Substack

Chris Vallance / BBC:
Wikimedia says the UK's Online Safety Bill was designed for social media, not Wikipedia, and a proposed change to the bill would “limit freedom of expression”

Discussion: New York Post, Reason, @wikimediapolicy, @neil_neilzone, @_andyburrows and Tech for all, more at Techmeme »

Earlier Picks:

Christina Carrega / Capital B:
Q&A with The Kansas City Defender founder Ryan Sorrell on the role of community-first Black news sites after police dismissed its report on three missing women

Discussion: Pew Research Center, @chriscarrega, @cbr_olu, @kat__stafford, @ynb, @penamerica, @wolvesforkamala, @marckeepper, @rooflesser, @capitalbnews and @amierrivers

Will Bedingfield / Wired:
The Overwatch League's path to profitability remains unclear given dwindling viewership, recent upheavals inside Activision Blizzard, and dampening esports hype

From Techmeme:

Antonio G. Di Benedetto / The Verge:
Razer pauses direct sales of the upcoming Blade 16 and other laptops in the US as new tariffs loom

Ben Weiss / Fortune:
Internal memo: the US DOJ disbands the National Cryptocurrency Enforcement Unit, established by Biden in 2021, as the agency is “not a digital assets regulator”

The Information:
Source: Instagram is working on an iPad app, and Adam Mosseri told staff to be willing to assume more “risk” to take advantage of a potential TikTok ban

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