Top News:
New York Times:
As the use of AI-generated ads in political campaigns increases globally, consultants, election researchers, and lawmakers push for setting up new guardrails — Gaps in campaign rules allow politicians to spread images and messaging generated by increasingly powerful artificial intelligence technology.
Lucas Shaw / Bloomberg:
Profits at the largest US entertainment companies have fallen 60%+ since 2013, despite mergers, as media companies spent record sums to build streaming services — Good afternoon from Los Angeles, wherever you may be. Thanks to those of you who came to Bloomberg's Tech Summit.
Discussion:
@lucas_shaw, @stevewells11, @ryanmcraver, @tvgrimreaper and @tiagodf
Diana Falzone / Rolling Stone:
Some Newsmax staff raised privacy concerns after Newsmax allegedly told them to hand over work and personal correspondence that Smartmatic subpoenaed them over — Court filings rife with internal communications exposed Fox News' post-election misinformation push. Newsmax could be next
Discussion:
@rollingstone and @joshtpm
Wall Street Journal:
A look at Harry and Meghan's Hollywood flop in streaming's era of slower growth; sources: Netflix is unlikely to renew their $100M deal, which runs through 2025 — They arrived three years ago with royal star power amid a streaming boom, but have notched more cancellations and rejections than produced shows
Emily Birnbaum / Bloomberg:
SCOTUS refuses to revive a 2019 lawsuit by Genius accusing Google of scraping millions of song lyrics, leaving in place a ruling that tossed out the lawsuit — The US Supreme Court refused to revive a lawsuit by music website Genius Media Group Inc. accusing Alphabet Inc.'s Google of stealing millions of song lyrics.
Sara Fischer / Axios:
Vox Media makes changes to its executive team to focus on new revenue streams, including commerce and subscriptions, while growing its ad business — Vox Media, the digital media holding company whose titles include New York Magazine, Eater and The Verge, has appointed a slew of executives …
Discussion:
@sarafischer
Meara Isenberg / CNET:
Starz plans to increase its ad-free subscription from $9 to $10 per month, the first price increase for the standalone service since its 2016 launch — The change comes after the premiere of a new season of Outlander. — It's about to cost a bit more to stream Starz.
Discussion:
Cord Cutters News
Nikkei Asia:
How the rising popularity of K-pop and K-drama drove direct South Korean investment into the US; South Korean FDI jumped 70%+ since BTS' 2016 US breakthrough — Music, drama fan ‘huge tailwind’ for Korean investment in states like Georgia — NEW YORK/PALO ALTO — In more than a decade as an auditor …
Bron Maher / Press Gazette:
At Dublin's NewsXchange conference, experts discussed generative AI's impacts on journalism, including copyright infringement, misinformation risks, and more — Although there were notes of caution, most speakers were optimistic about AI and journalism. — It took approximately ten minutes …
Discussion:
@pressgazette, @pressgazette and @pressgazette
Duke Reporters' Lab:
An annual fact-checking census finds there are 417 fact-checking sites active globally in 2023 so far, roughly the same as in 2022 and 2021, up from 151 in 2015 — 10th annual fact-checking census from the Reporters' Lab tracks an ongoing slowdown — While much of the world's news media …
Discussion:
@billadairduke
Bron Maher / Press Gazette:
Analysis: membership at the UK's NUJ was 24,528 in 2022, of which 20,722 pay, down by 21% since 2012 and 32% since 2004; some blame high subscription fees — The journalists' union voted in April to raise membership fees by 5% this year and next. — Membership at the National Union …
A.J. Katz / Adweek:
Legendary TV news producer David Bohrman, who worked at CNN, NBC, CBS, among others, and was best known for his 12 years of pioneering work at CNN, dies at 69 — Legendary TV news producer and executive David Bohrman passed away Sunday, his former employer CNN announced. He was 69 years old.