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1:05 AM ET, April 8, 2024

Mediagazer

 Top News: 
New York Times:
Sources: OpenAI transcribed 1M+ hours of YouTube videos through Whisper and used the text to train GPT-4; Google also transcribed YouTube videos to harvest text  —  OpenAI, Google and Meta ignored corporate policies, altered their own rules and discussed skirting copyright law …
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New York Times:
Sources: Meta debated buying a publisher like Simon & Schuster for AI training data and weighed using copyrighted online data even if that meant facing lawsuits  —  To make artificial intelligence systems more powerful, tech companies need online data to feed the technology.  Here's what to know.
Reuters:
A look at tech giants' AI training data deals; Defined.ai: some are ready to pay $1-$2 per image, $2-$4 per short video, and $100-$300 per hour of long video
Bloomberg:
Sources: if Skydance and National Amusements merge, David Ellison would become CEO of the combined company; Ellison aims to spend billions to rebuild Paramount  —  - Producer, tech heir has a month to seal a definitive agreement  — He needs to sell Paramount's board on merger with his company
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Alex Sherman / CNBC:
Sources: Skydance's bid for Paramount, backed by RedBird and KKR, would keep Paramount publicly traded; David Ellison and Jeff Shell would have leadership roles
New York Times:   Shari Redstone's Paramount stake sale may conflict with shareholder interests; source: David Ellison envisions Paramount in a joint streaming venture in the US
Sara Guaglione / Digiday:
How Forbes, the Financial Times, Snopes, Trusted Media Brands, and other news publishers are updating on-site search with AI chatbots  —  Publishers are testing generative AI technology to update a rather boring function on their sites that hasn't been updated in a while: search.
Max Tani / Semafor:
Sources say Soros Fund Management's move to became the largest shareholder in radio company Audacy could be the beginning of a bigger audio buying spree  —  George Soros thinks it's good business, and perhaps good politics, to be in your ears.  —  Over the last two years, Soros Fund Management …
Bloomberg:
FTC lawsuit filings: Instagram had ad revenues of $22B in 2020, or 26% of Meta's total revenue, and $16.5B in H1 2022  —  - Sales figures for the app released in FTC's antitrust lawsuit  —  Meta Platforms Inc. brought in almost 30% of its revenue from Instagram in the first half of 2022 …
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Peter Kafka / Business Insider:
Filings from FTC lawsuit against Meta: Instagram had $32.4B in ad revenue in 2021, 27% of Meta's revenue and more than YouTube's $28.8B ad revenue in 2021
Connie Loizos / TechCrunch:
Mahbod Moghadam, the controversial co-founder of Genius and Everipedia, passed away in March at age 41, according to a post on Genius attributed to his family  —  Mahbod Moghadam, the controversial, never-boring co-founder of Genius and Everipedia, as well as an angel investor …
Amanda Christovich / Front Office Sports:
Nielsen: the UConn-Iowa women's Final Four match drew 14.2M viewers, a record for women's college basketball and ESPN's most-watched basketball game ever  —  Even with the men's Final Four about to tip off Saturday, the focus of the national college basketball world turned, again, to the women's tournament.
Mike Masnick / Techdirt:
Rep. Jim Jordan, who heads the House Judiciary Committee, sent letters to major advertisers including GroupM to explain why they won't advertise on Truth Social  —  from the not-wanting-to-funnel-money-to- trump?  -that's-a-crime!  dept  —  Jim Jordan, who heads the House Judiciary Committee …
Cameron Joseph / Columbia Journalism Review:
A look at States Newsroom, a nonprofit network in all 50 US states focused on state politics and policy, with 220 full-time staff and a $22M+ annual budget  —  In late January, after wrapping up his annual State of the State speech, North Dakota governor Doug Burgum (R) headed out to meet the press.
Anthony Boadle / Reuters:
Elon Musk says X is “lifting all restrictions” it imposed in Brazil after a court ruling to block “certain popular accounts” and is defying the court's ruling  —  Elon Musk is challenging a decision by a Supreme Court justice in Brazil who ordered his social media platform X …
Matt Binder / Mashable:
 
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 More News: 
Sherman Smith / Kansas Reflector:
A day after apologizing for blocking Kansas Reflector posts, Meta temporarily blocked links to two sites reposting a Reflector item; Meta cites a security error
Brian Steinberg / Variety:
Top ESPN executive Norby Williamson is leaving the network after almost 40 years; in January, Pat McAfee accused him of “sabotaging” his show
 Earlier Picks: 
Barrett Media:
Several sports podcasters who were part of Vox Media's SB Nation Podcast Network say they were told on April 4 that the network is being shut down immediately