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11:25 AM ET, April 8, 2024

Mediagazer

 Top News: 
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
Corey Hutchins / Inside the News in Colorado:
More than 30 Colorado newsrooms, led by COLab, launch a statewide initiative to better cover the 2024 US elections by focusing on voter concerns  —  More than two dozen Colorado newsrooms have launched an unprecedented collaboration to better cover the 2024 elections.
Claire Atkinson / The Media Mix:
Sources: The Overseas Press Club is split about naming a new award after Shireen Abu Akleh, the Palestinian-American journalist killed by an Israeli soldier  —  The Middle East conflict divides a group of international journalists.  —  The Overseas Press Club is at war over a new award for covering conflict.
Brian Steinberg / Variety:
CBS hires Wendy Fisher, who ran newsgathering operations at ABC News, to lead a newly formed national weather news operation across CBS' news and stations unit  —  CBS is forecasting that viewer interest in the ins and outs of national weather is about to gain new wind.
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.
Sarah Perez / TechCrunch:
Spotify debuts AI Playlist in beta for its Premium users in the UK and Australia, letting Android and iOS users generate and revise playlists using text prompts  —  Spotify already found success with its popular AI DJ feature, and now the streaming music service is bringing AI to playlist creation.
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
Anthony Boadle / Reuters:
Elon Musk says X is “lifting all restrictions” imposed in Brazil after a court ruling to block “certain popular accounts”, and X 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 …
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.
Peter Kafka / Business Insider:
Filings from the FTC's Meta lawsuit: Instagram had $32.4B in ad revenue in 2021, or 27% of Meta's revenue and more than YouTube's $28.8B ad revenue in 2021  —  - Instagram generated $32.4 billion in ad revenue in 2021, making up 27% of Meta's total revenue.
RELATED:
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
 
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 More News: 
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
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
Matt Binder / Mashable:
X promoted a fake headline about Iran attacking Israel on its Explore page, after Elon Musk promised “real-time customized news for you created by Grok AI”
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
 Earlier Picks: 
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
Ryan Heath / Axios:
Meta plans to label a wider range of video, audio, and image content as “Made with AI” starting in May, following feedback from its independent Oversight Board