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12:30 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, New York Times, Washington Post, CNN, Mediaite, Radio & Television …, The Desk, The Guardian, Insider, Mediaite, Media Matters for America, Variety, New York Magazine, New York Post, Ad Age, Press Gazette, USA Today, TVLine, Los Angeles Times, CNN, HuffPost, Associated Press, The Guardian, Wall Street Journal, The Wrap, Gizmodo, UPI, @edmundlee, News Corp, @brianstelter, al.com, @karaswisher@threads.net, @bencjacobs, @justinbaragona, @projectlincoln, @pickardje, @frasernelson, @mattgertz, @john_b_taylor@threads.net, New Republic, @jeffjarvis.bsky.social, @jeffjarvis.bsky.social, @jeffjarvis.bsky.social, @jeffjarvis.bsky.social, @moorehn, The A.V. Club, PennLive, @semaforben, Vanity Fair, Bloomberg, Spectator, Newser, @farhip, Politico, Bleeding Cool News, The Verge, National Review, @karaswisher, Fortune, Poynter, @dougjballoon, @djrothkopf, @edsbs, @eduardosuarez, @stefmowords, @ayocaesar, @emilybell, ITV News, @karaswisher, @dhtoomey, @aaronblake, @therickydavila, @imjasondiamond, @michaelbarthel, @gtconway3d, The Indian Express, City A.M., @tomgara, Broadband TV News, Rolling Stone, @bgrueskin, @grantstern, @mikegalsworthy, @eriqgardner, @sree, Daily Mail, Axios, BBC, Deadline, The Sun, Financial Times, Cord Cutters News, @baseballcrank, @kelvmackenzie, @zaleskiluke, @piersmorgan, @stan_chow, @lizaoutlives, @misterabk, @mattgertz, @goangelo, @mehdirhasan, @yashar, @johncleese, @kylenabecker, @jbflint, @ahmedbaba_, @jojofromjerz, @chrchristensen, @sarafischer, @eyesontheright, @youngvulgarian, @aidnmclaughlin, @exavierpope, The Daily Beast, @jaheale, @jeremynewberger, @markdistef, @pinboard, @dylanbyers, @peltzmadeline, @coreypein.bsky.social, @sherman4949, The Hollywood Reporter, @reflog_18, Guido Fawkes, @edzitron, @jimrutenberg, @leximcmenamin, @pkafka, @deggans, @annaknicolaou, @bobbybigwheel, @davidmackau, @keitholbermann, Semafor, @brianstelter, @maggienyt, @piersmorgan, @arusbridger, @sarafischer, @pkafka, @travisakers, @scottygb, @reflog_18, @sherman4949, CBS News, Al Jazeera, WORLD SCREEN, Forbes, The Messenger and FOX8 WGHP
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 …
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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.
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.
RELATED:
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
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  —  The Scoop  —  New York nonprofit newsroom The City is slashing costs in the latest sign that philanthropists around the U.S. are tiring of supporting journalism.
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 Times' longtime Tallahassee bureau chief investigated corruption in Tampa Bay and beyond.  —  Lucy Morgan, a pioneering Tampa …
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 …
Alex Weprin / The Hollywood Reporter:
Paramount launches CBS Sports Creator Studio to pair advertisers with creators and offer them behind the scenes access to CBS Sports events and more  —  The company is launching the CBS Sports Creator Studio, hoping to pair influencers with talent, or give them behind-the-scenes access in support of deals.
Discussion: Ad Age, TechCrunch and Variety
Patrick Frater / Variety:
Studio Ghibli, Miyazaki Hayao's iconic Japanese cartoon firm, sells a controlling stake to NTV and will become a “subsidiary” of the Japanese broadcaster  —  The companies said that Studio Ghibli will become a “subsidiary.”  —  Nippon Television is to buy shares in Studio Ghibli …
 
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 More News: 
Mediaite:
Sources: Project Veritas, founded by James O'Keefe, suspends all operations amid financial woes and lays off six people, following earlier layoffs in August
 Earlier Picks: 
Naman Ramachandran / Variety:
Journalists Susie Banikarim and Jessica Bennett plan to launch In Retrospect, a weekly pop culture podcast, on September 21, distributed by iHeartPodcasts
Sarah Perez / TechCrunch:
Amazon announces the $50 Fire TV Stick 4K, the $60 Fire TV Stick 4K Max, the $120 24-inch Fire TV Soundbar, and generative AI updates for Fire TV voice search
Manish Singh / TechCrunch:
Mumbai-based Kuku FM, which offers audio content in English and six Indian languages for ~$1.20/month, raised a $25M Series C, taking its total funding to $60M
Discussion: The Information
Michael Wolff / New York Magazine:
Excerpt from Michael Wolff's The Fall: how Tucker Carlson's success became a headache for Rupert Murdoch, making Carlson a casualty of the Dominion settlement