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Justin Baragona / The Daily Beast:
G/O Media sells Deadspin to European company Lineup, which won't keep the sports news outlet's staff; CEO Jim Spanfeller says G/O didn't actively shop Deadspin — The beleaguered media company has sold its key sports property off to a European publisher who will gut the website and replace its staff.
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Associated Press:
Mstyslav Chernov's “20 Days in Mariupol” won the Oscar for best documentary, a first for AP and PBS' “Frontline” — Mstyslav Chernov's “20 Days in Mariupol,” a harrowing first-person account of the early days of Russia's invasion of Ukraine in 2022, won the best documentary Oscar on Sunday night.
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Steve Dent / Engadget:
Netflix won only one Oscar award, for Wes Anderson's short film, and Apple TV+ won zero, despite 32 combined nominations; Universal won big with Oppenheimer — The streamers combined for 32 nominations but Netflix won just a single award. — Despite combining for 32 nominations …
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Reuters:
Getty, Reuters, AP, the AFP, and other news outlets withdraw a photo issued by the UK's Princess of Wales, after analysis suggested the photo had been altered — Several leading news organisations have withdrawn a photograph issued by Kensington Palace of Kate, Britain's Princess of Wales …
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Financial Times:
Thomson Reuters CEO Steve Hasker says the group has $8B to spend on AI acquisitions and investments, to transform its businesses of supplying professional data — Media and data group will develop its own technology and scoop up targets with AI capabilities
Discussion:
Contxto, Ian Whittaker on LinkedIn and Beyond Search, more at Techmeme »
Bloomberg:
Sources: News Corp and Daily Mail owner DMGT have held talks about a potential joint takeover of the Telegraph, with RedBird IMI taking a low 25% stake — - Murdoch's News UK, Daily Mail owner held back-channel talks — Joint structure may mean UAE-backed fund owns smaller stake
Discussion:
Financial Times
Mathew Scott / The Hollywood Reporter:
Alibaba Digital Media and Entertainment Group plans to inject $640M into Hong Kong's entertainment industry, across movies, TV dramas, events, and more — Movies, TV dramas, events and scholarships were announced as part of the Chinese giant's shift into support for the territory.
Lara O'Reilly / Business Insider:
Sources: Apple is testing an AI-powered ad product similar to Google's Performance Max for optimizing App Store ad campaigns — - Apple is testing a new AI-powered tool for optimizing App Store ad campaigns. — The tool mimics Google's Performance Max and Meta's Advantage+, automating ad placement.
Discussion:
AppleInsider and 9to5Mac
Jonathan Stempel / Reuters:
Authors Brian Keene, Abdi Nazemian, and Stewart O'Nan sue Nvidia over allegedly using their work to train NeMo, and say Nvidia “admitted” to using the books — Nvidia (NVDA.O), whose chips power artificial intelligence, has been sued by three authors who said it used …
Scharon Harding / Ars Technica:
Roku faces a backlash after appearing to lock the devices of users who don't agree to its new Dispute Resolution Terms, asking them to write a letter to opt out — Users are opted in automatically unless they write a letter to Roku by March 21. — Roku customers are threatening to stop using …
Lucas Manfredi / The Wrap:
Leichtman: the largest pay TV providers in the US ended 2023 with about 71.3M subscribers, losing ~5M subscribers YoY, and down from 91.5M at the end of 2018 — The figure brings the industry's total net losses in the past five years to over 20 million, according to Leichtman Research Group
Discussion:
The Desk, Broadband TV News and Leichtman Research Group
John Gittelsohn / Bloomberg:
New sound stages and other venues are being built at a record pace and coming online just as Disney, Netflix, and other services reduce production to cut losses — - Finance giants spent billions meeting demand for sound stages — Strikes, post-Covid hangover upend surging film, TV output
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