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:
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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
Discussion:
Reuters, The Guardian, Media Nation, Mediaite, Wired, Rolling Stone, The Messenger, The Atlantic, MediaPost, New Republic, New York Post, Los Angeles Times and Insider
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.
Discussion:
Billboard, @snazzylabs, The Messenger and The Hollywood Reporter
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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.
Discussion:
MediaPost, Gizmodo and Deadline, more at Techmeme »
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 …
Discussion:
Tubefilter, Bloomberg, The Verge and 9to5Google, more at Techmeme »
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
Discussion:
investor.tkogrp.com, Awful Announcing, Sports Business Journal, Los Angeles Times, CNBC, New York Post, The Streamable, Cageside Seats, Associated Press, The Wrap, Bloomberg, Bleeding Cool News, Deadline, The Hollywood Reporter, TVLine, Sportico, Front Office Sports, @sherman4949, Barrett Media and The Messenger
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
Discussion:
@quinnypig, more at Techmeme »
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 …
Discussion:
@louisestory, @louisestory, @louisestory, Yogesh's Substack and Rappler
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 …
Discussion:
Gizmodo, TechCrunch and @jackdbrody, more at Techmeme »
Andrew Deck / Rest of World:
Data-labeling firms like Scale AI and Appen are hiring poets and writers with humanities backgrounds to improve the literary quality of their AI writing tools — Training data companies are grabbing writers of fiction, drama, poetry, and also general humanities experts to improve AI creative writing.
Discussion:
Futurism, @johnshirley2024 … and @oisinmcgann@mastodon.ie, more at Techmeme »
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]
Anna Nicolaou / Financial Times:
Sources: Deezer plans to raise its monthly subscription price by €1 to €12 across several countries in Europe — Move comes as industry increases fees and era of cheap entertainment comes to an end — Deezer is set to raise its monthly subscription price by €1 …
Discussion:
Variety and Music Business Worldwide
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.
Discussion:
Variety, Fast Company, @wgawest, Reuters, BGR, @itsmecarolamptp, @slack2thefuture, @slack2thefuture, @lucas_shaw, @richlightshed, UPI, @lucas_shaw, @lucas_shaw, @3vansutton, Bleeding Cool News, @davidfaber, @wgaeast, The Verge, TVLine, The Wrap, Deadline and Vanity Fair
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