Top News:
New York Times:
The NYT sues OpenAI and Microsoft for copyright infringement, alleging they used millions of its articles to train AI, the first major US media outlet to sue — Millions of articles from The New York Times were used to train chatbots that now compete with it, the lawsuit said.
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Jill Goldsmith / Deadline:
Lionsgate closes its acquisition of Hasbro's eOne for $375M plus assuming some production financing loans; Lionsgate's library grows by 6,500 film and TV titles — Lionsgate said today its acquisition of global entertainment platform eOne from Hasbro is done.
Discussion:
Variety, The Desk, IndieWire, ComingSoon.net, The Wrap, The Hollywood Reporter and Media Play News
Al Tompkins / Poynter:
The FCC rejects radio and TV broadcasters' call for deregulation, reaffirming limits on the number of TV or radio stations that owners can control in a market — The owners had argued for looser ownership restrictions given the growth of social media, podcasts and other online services.
Washington Post:
Sources: India pressed Apple to come up with alternative explanations for warning Indian journalists and opposition politicians of state-sponsored iPhone hacks — NEW DELHI — A day after Apple warned independent Indian journalists and opposition party politicians in October that government hackers …
Discussion:
Amnesty International …, Benzinga, @cachiporra.bsky.social, @evacide, @josephmenn, @josephmenn, TechCrunch, Joseph Menn on LinkedIn, @sanjanahattotuwa@threads.net, @carnage4life@mas.to, The Hindu, Engadget, @rajekanodia, @drewoccrp, @pranavdixit, @carnage4life@threads.net, @aroondeep, @josephmenn, @gerryshih and @reaproy, more at Techmeme »
Daniel Tilles / Notes From Poland:
Polish government puts TVP, Polskie Radio, and news agency PAP into liquidation, after the country's president vetoed plans to provide funding for 2024 — In the latest escalation of the bitter struggle for control over Poland's public media, the new government has announced …
Discussion:
@danieltilles1, Inquirer News and Reuters
RELATED:
Associated Press:
Study: social media companies collectively made nearly $11B in US ad revenue from minors in 2022; YouTube derived the most from users 12 and under, at $959.1M — Social media companies collectively made over $11 billion in U.S. advertising revenue from minors last year …
Discussion:
Benzinga, Harvard T.H. Chan School …, PLOS and MediaPost, more at Techmeme »
Financial Times:
Insider Intelligence: LinkedIn's ad revenue, which rose 10.1% YoY to nearly $4B in 2023, could grow 14.1% YoY in 2024, as brands seek to reallocate X ad spend — Microsoft-owned professional networking site has increased revenues as big brands boycott rival platform
Reuters:
Sources: Telecom Italia has renewed a five-year deal with DAZN to show Serie A soccer games on its streaming platform TimVision for €43M to €46M per year — Telecom Italia (TIM) (TLIT.MI) has renewed a deal with sports streaming service DAZN to continue offering Italy's top Serie …
Chartbeat Blog:
A list of 2023's most engaging stories: CNN had the most entries on the list, and most prominent themes were “catastrophe”, “memorial”, and “human connection” — Our 2023 edition of The Most Engaging Stories of the year reflects a year in which catastrophes …
Discussion:
Washington Post, KEYT-TV, @noahshachtman, @gaydos_ and @kevinroose
Financial Times:
Disney, WBD, Comcast, and Paramount face a year of reckoning in 2024 after losing $5B+ in 2023 from the streaming services they built to compete with Netflix — Tie-ups and cuts on menu as Disney, Warner, Comcast and Paramount seek new ways to keep up — The world's largest traditional …
Paige Skinner / HuffPost:
Literally Media, which owns Know Your Meme, Cracked, and other brands, acquires MEL magazine from Recurrent Ventures and plans to restart publishing in 2024 — Mel magazine publishes stories like “Our Eternal Horniness for the Camp Counselor.” — Men are so back: Mel magazine …
Discussion:
@markstenberg3@threads.net and Business Wire
Wall Street Journal:
A look at ReelShort, a Chinese-backed app featuring dramas with one-minute episodes; its CEO says ReelShort has generated $22M+ in revenue since its 2022 launch — ReelShort aims to succeed where Quibi failed—with cheesy plots and supernatural elements packed into one-minute episodes
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