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4:35 PM ET, September 21, 2023

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 Top News: 
David Rutz / Fox News:
Rupert Murdoch steps down as chair of Fox Corp and News Corp, transitioning to a new role of Chairman Emeritus; Lachlan becomes sole chairman of both companies  —  ‘For my entire professional life, I have been engaged daily with news and ideas, and that will not change’
Discussion: Fox Corporation, Wall Street Journal, MSNBC, New York Times, Mediaite, Washington Post, Media Matters for America, New York Post, Variety, Vox, Associated Press, The Guardian, Los Angeles Times, News Corp, @brianstelter, Financial Times, The Hill, Mediaite, @tomgara@threads.net, Newser, Politico, CNN, The Hollywood Reporter, Mediaite, @edmundlee, @semaforben, Radio & Television …, @davidfolkenflik, Forbes, Bloomberg, CNN, The Desk, @pkafka, New York Magazine, Breitbart, Gizmodo, UPI, Insider, @janemartinson, al.com, HuffPost, NPR, The A.V. Club, @chrchristensen, @dougjballoon, @bgrueskin, @aaronblake, @sarafischer, @edsbs, Bleeding Cool News, @eduardosuarez, @eyesontheright, @farhip, @ahmedbaba_, @youngvulgarian, Daily Mail, @yashar, @aidnmclaughlin, Spectator, @projectlincoln, Ad Age, @exavierpope, The Daily Beast, @jaheale, @sree, @lizaoutlives, @tomgara, Poynter, @jeremynewberger, @markdistef, @pinboard, @dylanbyers, @peltzmadeline, @grantstern, Axios, @zaleskiluke, @bencjacobs, USA Today, @pickardje, @misterabk, Rolling Stone, @coreypein.bsky.social, PennLive, The Indian Express, @jbflint, @sherman4949, CBS News, @therickydavila, The Hollywood Reporter, @eriqgardner, @reflog_18, @frasernelson, Cord Cutters News, Guido Fawkes, @edzitron, @jimrutenberg, @leximcmenamin, @kylenabecker, @piersmorgan, @stefmowords, @mattgertz, @john_b_taylor@threads.net, @pkafka, @deggans, BBC, Deadline, @djrothkopf, @annaknicolaou, @goangelo, @bobbybigwheel, @moorehn, @davidmackau, The Wrap, @jeffjarvis.bsky.social, @kelvmackenzie, @karaswisher@threads.net, @keitholbermann, @ayocaesar, Semafor, @jeffjarvis.bsky.social, Vanity Fair, TVLine, @brianstelter, @johncleese, @maggienyt, The Guardian, @piersmorgan, @imjasondiamond, Broadband TV News, @arusbridger, @karaswisher, @karaswisher, @sarafischer, @pkafka, @emilybell, @BrayingBoozehound …, @michaelbarthel, The Sun, @baseballcrank, @travisakers, @scottygb, @reflog_18, @jeffjarvis.bsky.social, Fortune, National Review, @mattgertz, @justinbaragona, City A.M., @sherman4949, @mikegalsworthy, @gtconway3d, Financial Times, @dhtoomey, @jeffjarvis.bsky.social, Press Gazette, Politico, ITV News, @mehdirhasan, @jojofromjerz, @stan_chow, The Verge, WORLD SCREEN, Al Jazeera, FOX8 WGHP and The Messenger
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Matthew Garrahan / Financial Times:
The way Rupert Murdoch structured ownership of his companies means Lachlan's ascension doesn't necessarily mark the end of a control fight for the family empire  —  The way outgoing patriarch Rupert has structured ownership of his assets means the story is not yet over
Louise Story:
AI can help reporters, publishers, and readers with tools for tasks including querying big data files, alerting potential stories, and personalizing content  —  Today, understanding artificial intelligence is an essential skill for a media leader.  This is not simply because you need …
RELATED:
Sarah Perez / TechCrunch:
YouTube unveils YouTube Studio AI features coming in 2024 and lets select creators test Aloud, a dubbing tool that creates AI-generated dubs in other languages  —  YouTube is expanding its Creator Music Studio, announced last year, with new AI features in addition to the launch of an AI-dubbing tool.
Sarah Perez / TechCrunch:
YouTube announces Dream Screen, a Shorts feature that lets users create an AI-generated video or image background using text prompts, rolling out in early 2024  —  YouTube today announced a new feature coming to its short-form video platform Shorts that will allow users to leverage AI tools to create videos.
Sarah Perez / TechCrunch:
YouTube debuts YouTube Create, an app that lets creators edit videos, adding effects, GIFs, royalty-free tracks, and more, in beta on Android in eight markets  —  YouTube this morning introduced a new app for creators, YouTube Create, that will offer a suite of easy-to-use and free tools …
Joe Flint / Wall Street Journal:
WWE's “SmackDown” will move from Fox to NBCUniversal's USA Network in fall 2024; sources say the five year deal is valued at $1.4B, up 40% from what Fox paid  —  Premier WWE television-rights package to get a new home next fall  —  NBCUniversal's USA Network has pinned down the rights for “SmackDown,” the
Ella Creamer / The Guardian:
Amazon limits the number of books that authors can self-publish on its site to three a day, after an influx of suspected AI-generated material  —  The company announced the new limitations after an influx of suspected AI-generated material was listed for sale but said that ‘very few’ publishers will be affected
Aisha Majid / Press Gazette:
A snapshot of discounted subscriptions tactics at 60 publishers in the UK and Europe, as publishers try to build regular reading habits among consumers  —  Consumers have come to expect discounted trials and introductory offers when signing up to news brands.
Alex Barinka / Bloomberg:
Snap says Snapchat+ now has 5M+ subscribers, up from 3M in April 2023; the $3.99 per month tier launched in June 2022, after an industry slowdown in ad revenue  —  Snap Inc. has gained more than 5 million subscribers for its paid service, an offering that gives users early access to new features …
Max Tani / @maxwelltani:
Christopher Beha resigns as editor of Harper's Magazine; Christopher Carroll, who joined Harper's as senior editor in 2018, will become editor on September 25  —  Inbox: Christopher Beha Resigns from Harper's Magazine; Christopher Carroll Appointed Editor [image]
Katie Kilkenny / The Hollywood Reporter:
After talks on September 20, the WGA and AMPTP release a joint statement saying negotiations will continue on September 21, a first during the strike  —  The union met with four top CEOs, including David Zaslav, Ted Sarandos, Bob Iger and Donna Langley, in their latest negotiations session on Wednesday.
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 More News: 
Patrick Frater / Variety:
Japanese broadcaster NTV acquires a controlling stake in Studio Ghibli and plans to keep the Japanese anime company co-founded by Miyazaki Hayao as a subsidiary
Jay Cridlin / Tampa Bay Times:
Lucy Morgan, a pioneering Tampa Bay Times journalist, who in 1985 won the Pulitzer Prize for investigative reporting, died on September 20 at the age of 82
The Conversation:
In Ukraine, 15+ journalists have been killed since Russia invaded; in July 2023, the National Union of Journalists of Ukraine said Russia targets journalists
 Earlier Picks: 
Mediaite:
Sources: Project Veritas, founded by James O'Keefe, suspends all operations amid severe financial woes and lays off six people, after earlier layoffs in August
Max Tani / Semafor:
Nonprofit newsroom The City cuts staff hours by 20%, taking advantage of NY state's work-share program; reporter Tom Robbins quit to help stave off job losses
 

 
From Techmeme:

MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% YoY to $2.25B, Cash App gross profit up 21% to $1.31B, and a $284M net income

Anissa Gardizy / The Information:
Source: Amazon is discussing a second multibillion-dollar Anthropic investment, asking Anthropic to use servers with Amazon chips; Anthropic prefers Nvidia GPUs

Sebastian Sinclair / Decrypt:
Detroit plans to accept crypto for tax and fee payments from mid-2025 via a PayPal platform that will convert them to USD, becoming the largest US city to do so

 
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