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12:30 PM ET, January 8, 2024

Mediagazer

 Top News: 
Max Tani / Semafor:
Axel Springer launches a review of the editorial processes at BI, after a BI story claimed many instances of plagiarism by MIT's Neri Oxman, Bill Ackman's wife  —  The Scoop  —  Business Insider's parent company is divided over the publication's recent article about plagiarism allegations …
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Mark Sweney / The Guardian:
Internal memo: Channel 4 CEO Alex Mahon says the broadcaster needs to “accelerate” its digital shift and confirms “an impact on jobs”, citing an ad slump
Discussion: Mediaite, Deadline and Variety
Erik Gruenwedel / Media Play News:
Netflix, Max, and Hulu won a combined 12 awards at the 81st Golden Globes; HBO's final Succession season won four awards and Netflix's Beef won three awards  —  Netflix, Max and Hulu led all streamers with 12 combined key category trophies at the 81st Annual Golden Globe Awards held Jan. 7 in Los Angeles.
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Wall Street Journal:
A look at the ambitious bid to turn around the Golden Globes, as a source say CBS is paying a significantly lower licensing fee than the ~$60M NBC used to pay
Christine Burke / Bloomberg:
Radio network Audacy reaches a deal with a supermajority of its debt holders that allows Audacy to reduce its total debt load by 80% to ~$350M  —  - Deal announced Sunday will reduce total debt load by 80%  — Radio, podcast company also files for Chapter 11 protection
Nate Raymond / Reuters:
SCOTUS declines to hear a case filed by Twitter in 2014, in which Twitter argued that disclosing data requests in national security probes was protected by 1A  —  The U.S. Supreme Court on Monday rejected a request by Elon Musk's X Corp to consider whether the social media company …
Emilia David / The Verge:
Getty Images and Nvidia launch Generative AI by iStock, a text-to-image service that generates stock photos and is aimed at SMBs  —  Getty Images and Nvidia are deepening their AI partnership with the launch of Generative AI by iStock, a text-to-image platform specifically designed to make stock photos.
Max Tani / Semafor:
Sources: Will and Jada Smith's Westbrook struggled to land deals after Will Smith slapped Chris Rock and its 2023 revenue dropped to $100M, forcing steep cuts  —  The Scoop  —  The fall of 2021 was the perfect time for Will Smith and Jada Pinkett Smith to sell their media company, Westbrook.
Kateryna Kadabashy / Bloomberg:
MBC Group, the Middle East's biggest broadcaster, rises 20% on its first day of trading on the Saudi exchange, after raising $222M by selling a 10% stake  —  - MBC has raised $222 million selling a 10% stake in IPO  — Company was founded by Waleed Al Ibrahim in London in 1991
Discussion: Reuters
Lucas Shaw / Bloomberg:
What's On Netflix data: Netflix released about 130, or 16%, fewer original films and TV shows in 2023 than in 2022, after a decade of scaling up its production  —  After years of spending more on new shows, the company is finally shrinking how much new it has to offer.
Alex Weprin / The Hollywood Reporter:
Mehdi Hasan says he is leaving MSNBC “to look for a new challenge”, after MSNBC cancelled his show in November 2023  —  Hasan said Sunday that he decided to leave the cable channel to pursue other ventures. … The cable news host said at the end of his show Sunday …
Ashley Carman / Bloomberg:
Music industry insiders reflect on the waning influence of popular, human-curated Spotify playlists, as the company shifts towards AI-driven personalization  —  The streaming giant's shift to automation is impacting the supremacy of curated music selections  —  Welcome back to Soundbite, and happy New Year!
Armando Tinoco / Deadline:
In response to Pat McAfee's claims, ESPN says no one is more committed to ESPN's success than Norby Williamson and it will “handle this matter internally”  —  ESPN is responding to claims made by Pat McAfee that an executive from within the sports network is “trying to sabotage” his show.
RELATED:
Sharon Knolle / The Wrap:
Pat McAfee, who signed a lucrative deal in 2023 for his YouTube show to air on ESPN, accuses top ESPN executive Norby Williamson of “sabotaging” his program
 
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 More News: 
Etan Vlessing / The Hollywood Reporter:
New York Post's Page Six launches a new studio in New York City to shoot its expanding array of celebrity-driven content, with media personality Astra as anchor
Bloomberg:
Sources: Sony India plans to call off its $10B merger with Zee Entertainment due to a standoff over whether Zee CEO Punit Goenka would lead the merged entity
Dan Kennedy / Media Nation:
Cost-cutting by Alden Global Capital and Gannett at legacy newspapers inadvertently created “a call to arms” that helped boost startup local news projects
 Earlier Picks: 
IEEE Spectrum:
How Midjourney v6 and DALL-E 3 produce “plagiaristic outputs”, even when not directly asked to do so, which could expose users to copyright infringement claims
Financial Times:
Source: the British Library plans to spend £6M to £7M, or ~40% of its reserves, to recover from an October 2023 cyberattack that took down most of its services
Oliver Darcy / CNN:
Taylor Swift's associates say they are dismayed by an NYT opinion piece that speculated on Swift's sexuality, calling it “invasive, untrue, and inappropriate”