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4:30 AM ET, March 20, 2024

Mediagazer

 Top News: 
New York Times:
Like Gannett, McClatchy plans to stop using The AP's news feed, publishing no AP content after March 31; McClatchy will continue to use AP election results data  —  The Associated Press said the decisions by the two major newspaper chains “would not have a material impact on our overall revenue.”
RELATED:
Natalie Korach / The Wrap:
In a memo, Gannett Chief Content Officer Kristin Roberts says the publisher will stop publishing AP content on March 25 “to invest further in our newsrooms”  —  The company will end its legacy AP premium subscription beginning March 25, and “redeploy more dollars toward our teams”
Tim Baysinger / Axios:
ESPN signs a six-year extension worth $7.8B to remain the sole TV partner for the College Football Playoff through the 2031-32 season  —  The network's current agreement was set to expire after the 2026 final.  — Starting this coming season, the CFP will expand from four to 12 teams.
Jon Keegan / The Markup:
A data journalist details using ChatGPT as a reporting assistant: the AI tool is a good coding partner but ignores basic instructions on sourcing and citations  —  The AI tool ignored basic instructions about sourcing and citations.  But it's a pretty good newsroom coding partner.  —  Hello, readers!
Bron Maher / Press Gazette:
FT Strategies survey of news workers: reaching a diverse audience ranks fourth in priority behind growing digital subscriptions, engagement, and revenue streams  —  Management and junior staff have differing views on the barriers to diverse newsrooms.  —  Diversity and inclusion are …
Becky Quick / CNBC:
George Lucas backs Bob Iger in the proxy battle between Disney and activist investor Nelson Peltz; sources say Lucas is Disney's largest individual shareholder  —  - Filmmaker and Hollywood legend George Lucas is endorsing Walt Disney CEO Bob Iger in the bitter proxy battle launched by activist investor Nelson Peltz.
Washington Post:
Drone footage and interviews with witnesses and colleagues raise questions about Israeli justification for striking two members of an Al Jazeera crew  —  JERUSALEM — On Jan. 7, the Israeli military conducted a targeted missile strike on a car carrying four Palestinian journalists outside Khan Younis, in southern Gaza.
Foo Yun Chee / Reuters:
EU DMA hearing: a Meta lawyer says Meta offered to cut its EU monthly subscription for Facebook and Instagram from €9.99 to €5.99 to address regulatory concerns  —  Meta Platforms (META.O) has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros …
 
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 More News: 
Jesse Whittock / Deadline:
Paramount+ plans to roll out its ad tier in Canada in April and Australia in June 2024, and to launch its Premium plan in Europe this month, starting in France
Stuart Dredge / Music Ally:
Spotify: in 2023, 66K artists received $10K+, up from 57K in 2022, with 50%+ from non-English speaking countries, while 11,600 got $100K+, and 1,250 got $1M+
Patrick Frater / Variety:
Tencent Music reports Q4 revenue down 7% YoY to $971M and a $198M profit; in 2023, paying subscribers rose 21% YoY to 107M and net profit rose 36% YoY to $735M
Nieman Lab:
A look at Sahan Journal, a nonprofit news site for Minnesota's immigrants with a $3M annual budget and 23 full-time staffers, as its founder steps down as CEO
 Earlier Picks: 
Graciela Mochkofsky / New York Times:
The cost of a journalism education has become an insurmountable barrier for just the kind of people the industry needs most; j-schools need to go tuition free
New York Times:
Trump sues ABC and George Stephanopoulos for defamation over Stephanopoulos's on-air remarks that Trump had been found liable for raping E. Jean Carroll
Wall Street Journal:
A profile of ESPN chairman Jimmy Pitaro, who races to reinvent ESPN's business by pursuing multiple streaming strategies at once amid a collapse of cable TV
Reuters:
After oral arguments, SCOTUS appeared wary of curbing US government contacts with social media platforms in the First Amendment case of Murthy v. Missouri
 

 
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

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

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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