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Reach CEO says the company published its first three AI-written articles last week and that AI may be reliable enough to take on content based on data and lists — Chief executive says journalists should not fear it means being replaced by machines — The owner of the Daily Mirror …
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The UK's Reach reports revenue fell 2.3% YoY to £601.4M in 2022 and operating profit fell 27.4% YoY to £106.1M; digital revenue made up £149.8M of total revenue — Growing online audience for Reach was accompanied by plunging revenue in Q4 2022.
Discussion:
@pressgazette


How TV Rain and dozens of other exiled Russian media outlets flocked to Latvia's capital of Riga, only to encounter a distrustful public and strict regulations — Dozens of media outlets have fled to the capital of Latvia, only to encounter a distrustful public and a set of strictly enforced laws and regulations.
Discussion:
Reuters Institute, @newyorker, @brianstelter, @ilvestoomas, @sevslv and Columbia Journalism Review
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Analysis: Amazon had $38B in 2022 ad revenue, more than the entire global newspaper industry and likely more than the revenue Prime generated from subscriptions — I first started paying attention to Amazon's ad business a couple of years ago, when a line called ‘other’ in the back of the accounts started to grow really fast.
Discussion:
@aparanjape, @minethatdata, @vilile, @btsavage, @riolongacre, @benedictevans and Cord Cutters News


Vox plans to retire its Recode and The Goods brands, moving Recode's coverage to Vox's tech section and The Goods' coverage into its culture and money sections — Today, Vox announced it will retire the branding for Recode and The Goods. You can still find all the same great work …
Discussion:
Vox, @waltmossberg, @teddyschleifer, @recode, @edmundlee, @laurengoode, @anthonyquintano, @owenthomas, @ahess247, @ahess247, @karaswisher, @ahess247, @daveleeft, @scottnover, @thekenyeung, @seangriffey, @mtfarnsworth, @film_girl, @vjeranpavic, @teddyschleifer, @mhbergen, @daveleeft, @delrey, @kurtwagner8, @ahess247, @jtemple, @jmbooyah, @mcwm, @nkulw and Talking Biz News


TikTok launches Series, letting select creators sell Collections of content of up to 80 videos, each up to 20 minutes; creators initially get 100% of earnings — Series puts premium content behind a paywall, which means more money for creators. … TikTok is introducing new ways for creators to get paid.
Discussion:
TikTok, The Wrap, CNET, Variety, TechCrunch, The Verge, Tubefilter and Engadget, more at Techmeme »


Dominion lawsuit documents show how Fox News CEO Suzanne Scott deals with the Murdochs, Rupert's involvement in editorial, the influence of top hosts, and more — Court documents show how CEO deals with Murdochs on editorial strategy, influence of top hosts
Discussion:
@jbflint, @dicktofel, @maynereport, @noahcrothman, @phil_rosenthal, @jtoonkel, Media Matters for America and Insider
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Legal experts say the $1.6B Dominion lawsuit puts Fox News in real jeopardy as the amount and weight of evidence surpasses other major, recent defamation cases
Discussion:
The Hill, Washington Post, Associated Press, @joanespositochi, @deggans, @stengel, @paulcshipley, @aaronblake, @jackshafer, @oliverdarcy, @joeconason, @wajahatali, @davidsacks, @dbauder, @badfoxgraphics, @kimmasters, @casmudde, @unrealdmgold, @thekenbarnett, @mattgertz, @sharonwaxman, @davidfolkenflik, @davidamoyal, @juliusgoat, Florida Politics, The Wrap, @darnell@one.darnell.one, @GreenFire@climatejustice … and CBS News


Medium opens up its Mastodon instance as a perk included in its $5/month or $50/year membership, and forecasts a community in the “six figures” later in 2023 — Publishing platform Medium is opening up its debut Mastodon instance, me.dm, to its members, the company announced today.
Discussion:
The Verge, Alex Benzer, @medium and @kimonostereo


Former The Week executives launch Heatmap News, a subscription-based climate media outlet, with eight staff and a $4M Series A at an $11.5M post-money valuation — The former executives in charge of The Week magazine are launching a new subscription-based climate media company on Wednesday called Heatmap News, its founders told Axios.
Discussion:
@raju


In an email, News Corp Australia's executive chair urges staff to try ChatGPT and tasks an AI Working Group to explore how AI can add “high-value opportunities” — Rupert Murdoch's News Corp has asked its Australian employees to give ChatGPT a go, tasking an AI Working Group …
Discussion:
@thetowncrier


A profile of Meena Kotwal, the founder of The Mooknayak, an online news outlet she started two years ago to cover Dalits and other marginalized groups in India — Meena Kotwal started a news outlet focused on Dalit and other marginalized groups in India, hoping that telling their stories will help improve their lives.
Discussion:
American Press Institute, @surajyengde, @kotwalmeena, @profdilipmandal and @pjkanojia


Sources: Paramount Global explores selling a majority stake of BET Media Group, which caters primarily to Black audiences; actor Tyler Perry expressed interest — Potential sale of part of parent of BET and VH1 would help Paramount shore up resources for streaming
Discussion:
The Hollywood Reporter, The Streamable, Vibe, Variety, CNBC, Deadline, @jbflint, @sherman4949, @callmedollar, Next TV, al.com, The Desk, @thr, @deray, @phil_lewis_, @jbflint, @treyals, @shanellegenai, @alexweprin, @imperfecttl, @dtheblerd, @s_c_jr, @tvgrimreaper, @pkafka, @matthewkeyslive, @jbflint, IndieWire, Los Angeles Times, MediaPost, The Wrap, Billboard and Puck