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5:52 PM ET, April 3, 2024

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Sources: Shari Redstone, Paramount Global's controlling shareholder through National Amusements, reaches a tentative deal to sell her stake to Skydance Media  —  - Redstone is the controlling shareholder of Paramount  — Ellison's Skydance has partnered with Paramount on films
RELATED:
Jessica Toonkel / Wall Street Journal:
Sources: Paramount's board and Skydance Media agree to exclusive merger discussions, and Paramount will pause talks with other bidders; PARA rises ~15%  —  Agreement paves the way for an exit by controlling shareholder Shari Redstone  —  A deal between Paramount and Skydance is potentially one step closer to happening.
CNBC:
Disney prevails in the proxy fight with Nelson Peltz's Trian Partners as shareholders vote to reelect its full board, a stamp of approval for Bob Iger's efforts  —  (L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing …
RELATED:
Wall Street Journal:
How Disney repeatedly extending Bob Iger's contract, including five extensions between 2011 and 2017, became a key criticism of Nelson Peltz's Trian Partners
Andrea Navarro / Bloomberg:
Grupo Televisa plans to buy out AT&T's stake in Sky Mexico, payable in 2027 and 2028; Sky CEO Luis Malvido will leave on April 15, replaced by Francisco Valim  —  - Companies did not disclose an amount for the transaction  — The stake will be paid in 2027 and 2028, Televisa added
Dominic Ponsford / Press Gazette:
Michael Leidig's news agency network, which employs 30 and includes Newsflash, CEN, AsiaWire, and Clipzilla, shuts down, citing a fall in commissioning budgets  —  Michael Leidig blames fall in commissioning budgets and newsroom AI for difficulties.  —  A news agency network that employs 30 people …
Discussion: @semaforben
Bloomberg:
Sources: Spotify plans to raise prices by $1 to $2 per month in the UK, Australia, Pakistan, and two other markets by the end of April, and the US later in 2024  —  - The audio service will raise prices in a few major markets  — Spotify will create new plan that doesn't include audiobooks
Amrita Khalid / The Verge:
Facebook updates its mobile video player with a TikTok-like vertical look and new controls for Reels, Live, and longform videos, starting with the US and Canada  —  Facebook is launching an updated mobile video player that will bring the vertical look made ubiquitous by TikTok and Reels …
David Satin / The Streamable:
Roku partners with the NBA to launch the first-ever NBA-branded FAST channel, and a NBA Zone content hub with access to basketball content  —  Fans will be able to watch classic games, see highlights, originals, documentaries and more on the first-ever NBA FAST channel.
Hannah Murphy / Financial Times:
NewsGuard: 1,197 partisan news websites in the US masquerade as local news outlets as of April 1, compared to ~1,200 genuine local newspaper websites  —  Dark money-funded outlets that mimic regional news sites are becoming more sophisticated ahead of November election
Discussion: MIT Technology Review
Emilia David / The Verge:
Stability AI releases Stable Audio 2.0, which lets users create three-minute sound clips from copyright-free audio samples, available for free via its website  —  Stable Audio 2., an audio generation model for Stability AI, now lets users upload their own audio samples which they can then …
Sara Fischer / Axios:
The NYT plans to make most of its articles available as narrations read via an automated voice, rolling out to 10% of website, app, and audio app users  —  - The company published 2,300 audio recordings, including podcasts, in 2023 with more than 600 Times reporters contributing.
 
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 More News: 
Mia Sato / The Verge:
Patreon rolls out a Reddit-like community moderation feature that lets podcasters, artists, writers, and other creators assign community members as moderators
more at Techmeme »
Lachlan Cartwright / New York Times:
An ex-editor of The National Enquirer recalls the tabloid's notorious “catch and kill” campaign that is now at the heart of Donald Trump's first criminal trial
New York Times:
An interview with Oren Etzioni, the founder of nonprofit TrueMedia.org, which has released free AI tools for reporters and fact checkers to identify deepfakes
 Earlier Picks: 
Jef Feeley / Bloomberg:
Donald Trump sues two co-founders of Trump Media & Technology Group, claiming they set the company up wrong and shouldn't get stock; the two earlier sued Trump
Christopher Kuo / New York Times:
George Carlin's estate settles with the makers of Dudesy, who agree to remove their YouTube video and podcast they originally claimed used an “AI” George Carlin
Financial Times:
US-based hedge fund Hunterbrook launches its newsroom, Hunterbrook Media, after raising $100M to make trades based on scoops uncovered by its reporters
 

 
From Techmeme:

Filipe Espósito / 9to5Mac:
Apple Maps on the web adds support for Look Around, Apple's version of Google Street View

Avram Piltch / Tom's Hardware:
Nvidia unveils Jetson Orin Nano Super Developer Kit, a $249 compact AI development board that promises 67 TOPS, compared to 40 TOPS of the $499 last-gen kit

Jordan Novet / CNBC:
Salesforce says it will hire 2,000 people to sell AI agent software, a month after saying it would hire 1,000 for the task and two years after laying off 7,000+
 
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