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10:10 AM ET, February 13, 2024

Mediagazer

 Top News: 
Todd Spangler / Variety:
Memo: Paramount starts layoffs to reduce costs; sources say ~800 employees, or an estimated 3% of its headcount, are getting cut across all divisions  —  Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs.
Selome Hailu / Variety:
Nielsen and Adobe Analytics: Super Bowl 2024 averaged 123.4M viewers across CBS and streaming services, making the game the most-watched telecast ever  —  The Feb. 11 Super Bowl game between the Kansas City Chiefs and the San Francisco 49ers brought in an average of 123.4 million viewers …
Max Tani / Semafor:
Slate says 2023 was the most profitable year in its 27 year history, with revenue up 28% YoY through investments and growth in its podcasts and website  —  The Scoop  —  Amid a difficult year for news media last year, at least one legacy digital media company has quietly been moving the other direction.
Hanaa' Tameez / Nieman Lab:
Interviews with the four co-founders of 404 Media, who each own 25% of the tech news outlet, which they say is profitable six months after launch  —  “Owning our own work, and being beholden to no one but our readers and colleagues — as opposed to say, investors, venture capitalists …
Chris Vallance / BBC:
The BBC says its iPlayer streaming service will stop supporting PC and Mac program downloads in March 2024, citing cost and low usage, but mobile is unaffected  —  The BBC's iPlayer streaming service is to end downloads for users who watch on desktop or laptop computers.
Todd Spangler / Variety:
Memo: SiriusXM plans to cut ~160 jobs, or ~3% of its workforce, after laying off 475 employees, or ~8% of its workforce, in March 2023  —  SiriusXM is eliminating about 160 jobs, a move to cut expenses that represents a layoff affecting just under 3% of the satellite radio and audio streamer's workforce.
Daniel Thomas / Financial Times:
How generative AI is transforming the advertising industry; WPP and Publicis plan to spend hundreds of millions of dollars to embed AI in their businesses  —  At the start of the year, every single one of the roughly 100,000 people working for advertising giant Publicis received a video message …
Lynn Neary / NPR:
Bob Edwards, the veteran broadcaster who hosted NPR's Morning Edition for 24 years, dies at 76  —  Bob Edwards, the veteran broadcaster and longtime host of Morning Edition who left an indelible mark on NPR's sound, has died.  He was 76 years old.  —  NPR's Susan Stamberg …
John Archer / Forbes:
Amazon Prime Video's basic ad tier, which US subscribers who didn't pay extra were downgraded to on January 29, doesn't support Dolby Vision HDR or Dolby Atmos  —  Amazon AMZN caused a furor recently when it announced that it was introducing advertisements right across its Prime Video streaming service.
Reuters:
Thai police arrest journalists Nattaphol Meksobhon and Nattaphon Phanphongsanon over a story on an activist spray painting an anarchist symbol on a temple  —  Two Thai journalists have been arrested for their story about an activist spray painting an anarchist symbol and a symbol critical of …
Nilay Patel / The Verge:
Q&A with the US DOJ's Jonathan Kanter on Google's ad tech and search cases, media consolidation, blocking Penguin's merger with Simon & Schuster, and more  —  The assistant attorney general says “the resonance these issues have is something that I've never witnessed in my lifetime.”
Discussion: @dcnorg
 
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 More News: 
Amanda Silberling / TechCrunch:
Music encyclopedia EveryNoise, which uses Spotify data, stopped updating after Spotify laid off the employee running the site in December, pissing off its fans
Brian Steinberg / Variety:
A look at Jon Stewart and Rachel Maddow's test to boost talk TV via Monday appearances; Vivvix: Daily Show had $39.9M in ad sales in 2022 vs. $129.1M in 2014
Sarah Perez / TechCrunch:
Meta begins testing “today's topics” on Threads in the US, surfaced in the app on the Search page and in the For You feed, that can feature political content
 Earlier Picks: 
Daniel Thomas / Financial Times:
A look at the uncertain future of TalkTV as its star presenter Piers Morgan moves to YouTube, saying his daily show had become an “unnecessary straitjacket”
Lauren Forristal / TechCrunch:
A look at STIRR, launched in 2019 by Sinclair with 100+ FAST channels and sold to Thinking Media in January 2024, as it plans an international expansion
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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