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2:56 AM ET, January 1, 2024

Mediagazer

 Top News: 
Margaret Atwood / In the Writing Burrow:
Margaret Atwood argues that Substack violates its own terms of service by permitting Nazis to publish on its platform, and says Substack can't have it both ways  —  Or, “A cannot be both itself and non-A at the same time,” Logic 101.  —  ∙ Paid  —  This instructive cartoon …
Jaspreet Singh / Reuters:
Filing: BuzzFeed President Marcela Martin intends to resign on January 12 to pursue other opportunities; the CEO and others plan to absorb her responsibilities  —  BuzzFeed's (BZFD.O) Marcela Martin has announced her intention to resign as president effective Jan. 12 to pursue other opportunities, the digital media firm said on Friday.
RELATED:
Martin Peers / The Information:
BuzzFeed, the media star of 2016 that now has a ~$36M market cap, needs just above $100M after its sale of Complex Networks to pay down debt due at 2024's end  —  Let's hope all those wannabe digital media entrepreneurs are paying attention to the slow disintegration of BuzzFeed, the media star of 2016.
Jessica Murray / The Guardian:
John Pilger, an Australian journalist and documentary filmmaker who covered conflicts in Vietnam, Cambodia, Bangladesh, and Biafra, dies at age 84  —  Celebrated Australian journalist and documentary film-maker covered conflicts in Vietnam, Cambodia, Bangladesh and Biafra
Alexandra Topping / The Guardian:
Berrow's Worcester Journal, owned by Newsquest and first published in 1690, hires “AI-assisted” reporters who use an in-house copywriting tool based on ChatGPT  —  Berrow's Worcester Journal is one of several papers owned by the UK's second biggest regional news publisher to hire ‘AI-assisted’ reporters
Cristina Criddle / Financial Times:
A look at the rise of AI-generated virtual influencers, with some charging thousands of dollars to promote products, leading to concerns from human influencers  —  Hyper-realistic ‘virtual influencers’ are being used to promote leading brands — drawing ire from human content creators
Gursimran Kaur / Reuters:
Venezuelan media mogul Gustavo Cisneros, who co-founded Univision in 1992 and launched DIRECTV Latin America in 1995, dies at 78  —  Venezuelan media mogul Gustavo Cisneros, who had expanded Cisneros from a family business into an important conglomerate for the Latin American and U.S. Hispanic market …
Discussion: New York Post and Bloomberg
Gary Marcus / Marcus on AI:
OpenAI and others will likely face more copyright lawsuits as systems like DALL-E produce copyright-infringing materials without attribution or informing users  —  At around the same time as news of the New York Times lawsuit vs OpenAI broke, Reid Southen, the film industry concept artist …
The Hollywood Reporter:
Netflix's stock ended 2023 up 65%, Spotify's was up 129%, and Roku's was up 126%; Lionsgate, Sony, and NBCUniversal owner Comcast were also media sector winners  —  Renewed sector deal chatter helped boost some stocks late in the year despite questions about the advertising and streaming outlook.
Discussion: Deadline and Variety
Alex Griffing / Mediaite:
Fox News was 2023's most watched US network, followed by MSNBC, the only one to grow viewers YoY; MSNBC's average viewer was 70, Fox's was 69, and CNN's was 67  —  The cable news industry had an undeniably rough 2023, ending the tumultuous year with fewer eyeballs as cord-cutting continues …
Benjamin Mullin / New York Times:
Sources: for months, OpenAI has held talks with major news publishers including Gannett, News Corp, and IAC about the price and terms of licensing their content  —  Several major publishers have been in talks to license content to the creator of ChatGPT, but agreement on the price and terms has been elusive.
Georg Szalai / The Hollywood Reporter:
WBD acquires BluTV, a Turkey-based streaming service launched in 2016 for Turkish- and Arabic-speaking audiences globally, after a three-year partnership  —  The streamer offers premium originals, Turkish TV series and movies, as well as Hollywood and international series and films.
 
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