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12:15 PM ET, September 8, 2023

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 Top News: 
Jim Friedlich / Nieman Reports:
Press Forward is by far the largest coordinated philanthropic effort to support local news, with the potential to become a much larger, ongoing effort  —  A nonpartisan group of 22 foundations today announced the launch of Press Forward, a nationwide coalition committing more than $500 million …
RELATED:
Katie Robertson / New York Times:
The MacArthur Foundation and 20+ nonprofits announce Press Forward, an initiative to invest $500M over five years in local news, aiming to raise and invest $1B  —  The effort, spearheaded by the MacArthur Foundation, will give grants to support newsrooms and start-ups as concern grows over the rapid disappearance of local news outlets.
URL Media:
URL Media, a network of media outlets focused on communities of color, receives a $1M Knight Foundation investment to support its 21 partners
Krystie Lee Yandoli / Rolling Stone:
In a call with Tonight Show staff, Jimmy Fallon said he's “sorry” and didn't mean to “create that type of atmosphere”, after a report detailed a toxic workplace  —  “Sorry if I embarrassed you and your family and friends...I feel so bad I can't even tell you,” …
RELATED:
Krystie Lee Yandoli / Rolling Stone:
Interviews with 16 current and former employees describe a toxic workplace at The Tonight Show, starting with Jimmy Fallon's outbursts and erratic behavior  —  Sixteen current and former staffers say Fallon's erratic behavior spoiled their “dream” of working on The Tonight Show  —  I
Nieman Lab:
A study of 7K+ users from the US, the Netherlands, and Poland: non-news sites, like entertainment pages, expose people to more political content than news sites  —  Plus: The catalyzing effect of attacks on journalists, how journalists describe their target audiences, and new evidence of local news nonprofits' impact.
Discussion: @niemanlab
Sophie Vershbow / Esquire:
Interviews with authors and publishing insiders reveal the broken system of blurbs; a few authors say blurbs helped launch their careers, but hated the process  —  Do authors actually like the books they endorse—or even read them?  Writers, literary agents, and publishing workers …
Michael Hunter / London Evening Standard:
Concord agrees to buy music copyright-focussed investment firm Round Hill Music, whose catalogue includes songs from The Beatles and Louis Armstrong, for ~$469M  —  Star-studded back catalogue including The Beatles and The Rolling Stones and Louis Armstrong to go private  —  T
Reuters:
Japanese broadcasters including NHK and NTV issue rare apologies for failing to report on sex abuse allegations at a J-pop agency, after the agency apologized  —  After Japan's top talent agency Johnny & Associates apologised on Thursday for decades of sexual abuses committed by its late founder …
James B. Stewart / New York Times:
Sources: Mattel stands to earn 5% of Barbie's $2B expected box office revenue, a percentage of eventual profits as a producer, and payments as the IP owner  —  The company's approach has paid off to a degree that even the C.E.O. could hardly have believed possible.
Alex Weprin / The Hollywood Reporter:
Artémis, François-Henri Pinault's investment firm, acquires TPG's majority stake in CAA; CAA's Bryan Lourd is expected to be named CEO of CAA  —  Bryan Lourd, Kevin Huvane, and Richard Lovett will remain the co-chairman of CAA, with Lourd set to be named CEO.  —  CAA has a new majority owner.
 
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 More News: 
Linda Hardesty / Fierce Wireless:
The Senate votes 55 to 43 to approve Anna Gomez as the fifth FCC commissioner, breaking the deadlock at the agency and giving the FCC a 3-2 Democratic majority
Christopher Dring / GamesIndustry.biz:
The ESA announces organizer ReedPop will not be working on future E3 events and informs the Los Angeles Convention Center that 2024's E3 will not be held there
 Earlier Picks: 
Jess Weatherbed / The Verge:
Google releases its relevance and measurement APIs for Privacy Sandbox in general availability, making them available in Chrome without browser flags or trials
 

 
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

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

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
 
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