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1:35 PM ET, January 12, 2024

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 Top News: 
Casey Newton / Platformer:
Platformer is leaving Substack and migrating to Ghost, saying the outlet doesn't believe Substack will publicly commit to proactively removing pro-Nazi material  —  After much consideration, we have decided to move Platformer off of Substack.  Over the next few days, the publication …
David W. Chen / New York Times:
As deepfakes warp elections overseas, US state legislators race to enact laws, with varying penalties, requiring disclosure of the use of AI in political ads  —  Sophisticated political deepfakes have warped elections overseas.  Can U.S. legislators act fast enough to make A.I. campaign ads more transparent?
RELATED:
Chavi Mehta / Reuters:
Insider Intelligence: US political ad spend is expected to rise to $12.32B in 2024, up ~30% from 2020, with traditional media accounting for 71.9% of all spend  —  U.S. political advertising spend will likely jump by nearly a third in 2024 over the previous U.S. presidential election year …
Michael M. Grynbaum / New York Times:
CNN, Fox, and MSNBC carried Trump's conference after his NY fraud trial live, a reminder of his media advantage and readiness to exploit his trials  —  The coverage was a stark reminder that the former president's legal troubles offer an outsize media platform as he pursues the Republican nomination.
Tom Gerken / BBC:
Many prominent voice actors say they weren't told about the SAG-AFTRA's deal with Replica Studios setting out how AI-generated voices can be used in video games  —  Prominent voice actors say they weren't told about a landmark deal setting out how voices generated by artificial intelligence (AI) can be used in games.
Bloomberg:
Sources: Universal Music Group plans to cut hundreds of jobs in Q1 2024, as revenue growth slows; in 2022, the company had about 10K employees  —  - Brunt of firings will fall on the recorded music division  — CEO Lucian Grainge talked about impending cuts in October
Discussion: Variety
Neha Gupta / WAN-IFRA:
Project Oasis, a research initiative focusing on european digital-native media outlets, finds those with sales staff average 6x more revenue than those without  —  Digital native companies with dedicated sales teams and solid gender diversity are more successful than those that do not …
Discussion: @nehahaz
Oliver Darcy / CNN:
Sources: Cheddar News is hanging on by a thin thread, with no more than a half-dozen or so editorial staffers, down from a couple dozen in December 2023  —  Not too long ago, on the 25th and 26th floors of the One State Street tower in lower Manhattan, a vibrant newsroom existed.
Katie Strang / The Athletic:
Emmy Awards organizer NATAS says ESPN won 30+ Emmys using fake names in its “College GameDay” entries; ESPN blames “a misguided attempt” and returns the awards  —  In March 2023, Shelley Smith, who worked 26 years as an on-air reporter for ESPN, received a call from Stephanie Druley …
 
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 More News: 
Sarah Perez / TechCrunch:
Sources: Pixar may lay off up to 20% of its workforce; Pixar says that number is too high and that the layoffs are not imminent, but will occur later in 2024
Todd Spangler / Variety:
Internal memo: Audible is laying off about 5% of its employees, or just over 100 staffers; a source says the layoffs do not affect Audible's content teams
Michael Flaherty / Axios:
ValueAct says its investment plan for Disney is centered on the company's parks being high-return assets and the expectation that the streaming wars are ending
 Earlier Picks: 
Naman Ramachandran / Variety:
Netflix removes an Indian film depicting a Hindu character eating meat after backlash from Hindu groups; producer Zee apologizes and plans to edit the film
Glossy:
Digiday Media appoints COO David Amrani as its new CEO, replacing Nick Friese, who has served has CEO since the company's founding in 2008
Discussion: Talking Biz News and Digiday
Michael Hardy / Texas Monthly:
Houston Landing journalists write to the board to reverse CEO Peter Bhatia firing EIC Mizanur Rahman and an investigative reporter; Bhatia cited a “reset”
Charisma Madarang / Rolling Stone:
Dudesy, an AI-driven podcast curated by humans, releases an hour-long comedy special featuring an AI-generated recreation of George Carlin, who died in 2008
Moneycontrol:
ByteDance plans to shut down music streaming service Resso in India on January 31, after removing the App Store and Google Play apps in mid-December 2023
 

 
From Techmeme:

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake users including AT&T

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M
 
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