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10:20 AM ET, February 22, 2024

Mediagazer

 Top News: 
Sara Fischer / Axios:
BuzzFeed sells Complex, acquired for $300M in 2021, to livestream shopping platform Ntwrk for $108.6M; BuzzFeed plans to lay off 16% of its workforce  —  - The Wall Street Journal reported that BuzzFeed is also looking to possibly sell its social media food brand Tasty.
Corbin Bolies / The Daily Beast:
Newsmax joins the New York Post's editorial board and other right-leaning outlets criticizing a pair of Florida bills making it easier to sue for defamation  —  The cable channel joins a growing list of right-wing outlets bashing Florida GOP legislation that takes square aim at the news media.
Mark Stenberg / Adweek:
Sources: Amazon plans to shut its FAST service Freevee in the coming weeks, as part of a broader effort to focus its ad and product efforts on Prime Video  —  The service has become redundant following the introduction of ads to Prime Video  —  Amazon is planning to sunset its free …
RELATED:
Ivan Mehta / TechCrunch:
Instagram launches its marketplace tool to connect brands with creators for paid partnerships or ads in eight new countries, including India, Japan, and the UK  —  Instagram said today that it is expanding its marketplace tool to connect brands with creators for paid partnerships or ads in eight new countries.
Miranda Bryant / The Guardian:
In a Danish court, prosecutors allege a man fraudulently made ~£502K in royalties from music streamers and breached copyright law  —  Aarhus court hears he may have profited from artificially generated playbacks, in case thought to be first of its kind
Discussion: CMU, Digital Music News and Music Ally
Michael McCarthy / Front Office Sports:
Sources: Amazon paid $120M for exclusive rights to show a 2025 NFL playoff game on Prime Video; NBCU paid $110M for the January 2024 NFL payoff game on Peacock  —  Out of the Big Four tech giants, Amazon is the most ambitious about invading live sports.  The giant streamer is opening …
Dr Richard Fletcher / Reuters Institute for the Study of Journalism:
Analysis: by the end of 2023, 48% of the most popular news websites in the US, UK, and eight others blocked OpenAI's crawler and 24% blocked Google's crawler  —  In this factsheet we describe the proportion of top news websites in ten countries that block AI (artificial intelligence) crawlers.
Stanley Widianto / Reuters:
Meta says “we understand Meta will not be required to pay for news content that publishers voluntarily post to our platforms” in Indonesia under a new law  —  Facebook parent Meta Platforms (META.O) on Thursday said it believes that a new Indonesia law does not require …
Meg James / Los Angeles Times:
The first trial in the death of a cinematographer on the set of Rust begins; weapons handler Hannah Gutierrez pleads not guilty to involuntary manslaughter  —  More than two years after Alec Baldwin fired the deadly shot, questions persist about who was responsible for the accidental death …
Reuters:
Sources: Reddit has inked a deal with Google to make its content available for training the search giant's AI models; source: the contract is worth ~$60M a year  —  Social media platform Reddit has struck a deal with Google (GOOGL.O) to make its content available for training …
Amelia Pollard / Bloomberg:
Filing: a US court gives Audacy, the second-largest radio broadcaster in the US, approval to exit bankruptcy, slashing ~$1.7B of its debt in a restructuring  —  - Soros Fund Management slated to own largest stake in company  — Firm to slash $1.7 billion of debt through restructuring plan
 
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 More News: 
Lachlan Cartwright / The Hollywood Reporter:
A look at Dana Walden's reorganization of ABC News, which is an effort to stabilize the unit and showcase her mettle as a top decision-maker at Disney
Discussion: New York Post
Todd Spangler / Variety:
Apple debuts Apple Sports, a free app offering scores and stats for the NBA, NHL, Premier League, and more, in the US, Canada, and the UK, on iOS 17.2 or later
 Earlier Picks: 
 

 
From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Wall Street Journal:
Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever
 
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