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2:10 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’
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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.
RELATED:
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 …
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 / @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]
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 / 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 Sportico
 
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 More News: 
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
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
 

 
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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