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4:10 AM ET, March 18, 2024

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 Top News: 
Jon Lafayette / Next TV:
DirecTV introduces a “No Locals” package, which allows customers to opt out of receiving their local TV stations and receive discounts of $12 per month  —  Subscribers would get $12 discount if they opt out  —  DirecTV said it would be allowing customers to opt out of receiving …
Max Tani / Semafor:
Few news outlets seek hard hitting pieces that confront power due to the legal climate, business relationship concerns, online news outlets' downfall, more  —  There's too much to read and watch, too many places to read and watch it.  It's enough to distract you from the biggest news …
Lucas Shaw / Bloomberg:
A look at Disney's leading internal candidates to replace Bob Iger and how their lack of comprehensive experience at Disney should not be the board's sole focus  —  None of the four leading candidates has the perfect resume for the top job.  Neither did Bob Iger when he was first named CEO.
Discussion: @lucas_shaw
Bill Grueskin / Columbia Journalism Review:
Lessons learned from the 77-page letter sent to Axel Springer by a lawyer for Neri Oxman, whose MIT thesis faced scrutiny for plagiarism in a BI investigation  —  Last fall, as then-Harvard president Claudine Gay was facing her first allegations of plagiarism, the Clare Locke law firm sent …
Josef Adalian / Vulture:
Q&A with CBS' George Cheeks on choosing which shows to put on Paramount+ or broadcast, rethinking the show development cycle, developing franchises, and more  —  The failure of Hollywood studios to strike a timely deal with writers and actors last summer meant the traditional fall TV season was canceled in 2023.
Jake Kanter / Deadline:
Two British YouTubers dupe Tucker Carlson into interviewing a fake Kensington Palace whistleblower about Kate Middleton's doctored image  —  Tucker Carlson has been pranked over Kate Middleton's infamous edited photo.  —  The former Fox News anchor was duped by British YouTubers Josh & Archie …
Tim Higgins / Wall Street Journal:
How Elon Musk courted Don Lemon to show that X isn't a right-wing tool, as the breakup highlights Linda Yaccarino's thankless task of trying to assure brands  —  Unexpected split leaves X CEO Linda Yaccarino with another loss  —  Don Lemon got to see both sides of Elon Musk.
Financial Times:
Sources: TikTok's US revenue hit a record $16B in 2023 while ByteDance saw revenue grow ~40% YoY to $120B in 2023 and recorded a $28B net profit  —  Parent company ByteDance on track to become world's biggest social media group with $120bn in global sales  —  TikTok has hit $16bn in sales in the US …
Amanda Silberling / TechCrunch:
Gumroad, an e-commerce company for creators, updates its rules to more strictly limit NSFW content, citing policies of payment processors like Stripe and PayPal  —  Gumroad, an e-commerce company for creators, updated its rules to more strictly limit NSFW content, citing restrictions from payment processors like Stripe and PayPal.
 
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 More News: 
Committee to Protect Journalists:
CPJ calls on Pakistan authorities to release journalist Asad Ali Toor, return his devices, and cease harassing him for his work; he was arrested February 26
Houston Landing:
Houston Landing CEO Peter Bhatia names Austin-American Statesman Executive Editor Manny García as new editor in chief and Angel Rodríguez as managing editor
 Earlier Picks: 
Peter White / Deadline:
Former Apple and Hulu executive Peter Distad is named CEO of the sports-focused streaming joint venture backed by Disney, Fox, and Warner Bros. Discovery
Varun Vyas / Reuters:
Disney's Star India starts arbitration proceedings against Zee Entertainment for alleged non-compliance with the terms of a cricket broadcasting agreement
Discussion: The Economic Times
 

 
From Techmeme:

Kate Rooney / CNBC:
Garry Tan says ~80% of YC's W25 batch is AI focused, and the cohort is growing significantly faster than past ones, with actual revenue, thanks to “vibe coding”

Bloomberg:
Baidu releases Ernie X1, an AI model that articulates its reasoning similarly to DeepSeek R1, and upgrades its flagship foundation model to Ernie 4.5, both free

Catherine Thorbecke / Bloomberg:
The hype around AI agent Manus doesn't represent a second DeepSeek moment, but reveals that Chinese startups can compete with AI product companies in the US
 
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