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8:30 AM ET, June 16, 2023

Mediagazer

 Top News: 
Derrick Bryson Taylor / New York Times:
Spotify and Prince Harry and Meghan's production company Archewell Audio end their partnership less than a year after Meghan's podcast debuted on the platform  —  The couple's production company and the streaming service announced an end to their relationship, less than a year after Meghan's podcast debuted on the platform.
CNBC:
Christine McCarthy, Disney's CFO since 2015, is stepping down; Kevin Lansberry, finance chief for parks business, will work as interim CFO starting July 1  —  - Christine McCarthy will step down as Disney's chief financial officer.  — She is taking family medical leave and will advise the company as it seeks a successor.
Charlotte Tobitt / Press Gazette:
In the year to September 2022, the UK's Independent reports revenue up 12% YoY to £46.3M, of which 57% was non-ad, and operating profit down 65% YoY to £1.9M  —  Operating profit was down 65% due to investment in areas such as e-commerce, Independent TV and the US.
Discussion: VideoWeek
RELATED:
Thomas Seal / Bloomberg:   The UK's Independent plans to eventually have the same number of workers in the US as in Britain; the outlet has 300 staff, of which 65 are outside the UK
Financial Times:
Sources: OpenAI, Google, Microsoft, and Adobe have met News Corp, the NYT, and others to discuss copyright issues over LLMs and a possible subscription fee  —  Google and OpenAI are discussing agreements to pay publishers over using content to train generative AI models
Discussion: Music Ally
Alanna Vagianos / HuffPost:
Email: Twitter blocks paid promotion of a campaign video by North Carolina Sen. Rachel Hunt, who is running for lieutenant governor, due to “abortion advocacy”  —  “The mention of abortion advocacy is the issue here,” a Twitter employee told North Carolina candidate Rachel Hunt, according to emails HuffPost reviewed.
Wall Street Journal:
Sources: News Corp's HarperCollins and private-equity giant KKR are among the bidders for Simon & Schuster; second-round bids are due in mid-July  —  Simon & Schuster is pursuing a sale once again after the U.S. government blocked its attempted merger with Penguin Random House
Sophie Culpepper / Nieman Lab:
How a local news site founder and an ex-Microsoft engineer created an AI to listen to meetings and write usable summary articles, and how human nuance gets lost  —  “Is it ready for primetime, ready to be released to the masses?  Absolutely not...But can it be done?
 
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 More News: 
Andy Maxwell / TorrentFreak:
Soap2Day, one of the world's most popular pirate streaming sites, unexpectedly shuts down with no explanation
Kari Paul / The Guardian:
The CCDH estimates Google made $10M in two years from anti-abortion organizations' ads misdirecting users to “pregnancy crisis centers” that do not provide care
 Earlier Picks: 
Max Tani / @maxwelltani:
Insider EIC Nich Carlson tells staff that traffic and subscribers are down, the outlet plans to return its focus to business, the economy, and tech, and more
Ted Johnson / Deadline:
The Senate Judiciary Committee advances the Journalism Competition and Preservation Act, which would help news outlets jointly negotiate with tech companies
Nina Lakhani / Associated Press:
Judges in Guatemala sentence journalist José Rubén Zamora to six years in prison for money laundering in what is regarded as a politically motivated trial
Jim Waterson / The Guardian:
The Guardian announces a global ban on gambling advertising, arguing that taking money from services that can lead to addiction is unethical
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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