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2:10 PM ET, January 8, 2024

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 Top News: 
OpenAI:
OpenAI responds to the NYT lawsuit, says training is fair use and there is an opt-out, “regurgitation” is a rare bug, and NYT is not telling the full story  —  We support journalism, partner with news organizations, and believe The New York Times lawsuit is without merit.  —  Authors
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  —  Exclusive: Broadcaster looks to hasten shake-up amid TV advertising slump with most job losses likely to affect London-based workers
Discussion: Mediaite, Deadline and Variety
RELATED:
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.
RELATED:
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
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 …
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.
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 …
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: CNN and Reuters
Sapna Maheshwari / New York Times:
TikTok restricts Creative Center, used by advertisers to track hashtags, after it was used by critics to scrutinize content on the Israel-Hamas war and more  —  People and groups had harnessed the tool to scrutinize content on the site related to the Israel-Hamas war and other topics.
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.
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
 
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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
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
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple and OpenAI are preparing a major announcement of their partnership at WWDC; the new AirTag with a better chip is scheduled to arrive by mid-2025

Sam Altman / @sama:
Sam Altman says he is embarrassed that there was a provision about potential equity cancellation in exit docs, and OpenAI never took back anyone's vested equity

Wall Street Journal:
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships
 
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