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11:20 AM ET, April 29, 2024

Mediagazer

 Top News: 
Jessica Toonkel / Wall Street Journal:
Sources: Paramount is planning for what happens if no big deal happens, mulling cutting $2B in costs, selling BET and TV stations, starting a streaming JV, more  —  The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone's merger plans collide with shareholder fury and a CEO on the outs
RELATED:
Alex Sherman / CNBC:
Sources: Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday, after he lost the trust of controlling shareholder Shari Redstone  —  Bob Bakish, then president and chief executive officer of Viacom Inc., speaks during the Mobile World Congress Americas event in Los Angeles …
Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis
Laura Wagner / Washington Post:
Over 50 journalism professors call on the NYT to address questions on its report that described a “pattern of gender-based violence” in Hamas' October 7 attack  —  A major investigative report into sexual violence in the Hamas attack on Israel has drawn criticism inside and outside the newspaper
Madhumita Murgia / Financial Times:
The Financial Times signs a deal with OpenAI to train AI models on its archived content, and to let ChatGPT respond with short summaries of FT articles  —  Agreement comes as Microsoft-backed start-up seeks data from reliable sources to train latest artificial intelligence models
Sammy Gecsoyler / The Guardian:
BBC presenter Liz Bonnin's likeness was used in an ad after the company running the campaign was tricked by a fake, likely AI-generated, version of her voice  —  Exclusive: Liz Bonnin's face used on insect repellant advert after deal negotiated via WhatsApp and voice notes generated by AI
Sara Guaglione / Digiday:
Some publishers are hesitant to monetize generative AI chatbots with ads because of low CPMs and lack of scale, opting to build a subscription model first  —  This article was provided as an exclusive preview for Digiday+ members, who were able to access it early.
Discussion: @caddymarketing
Mike Fleming Jr / Deadline:
Producers United, a grassroots group of 86 top Hollywood “career producers”, launches to advocate for reforms, including changing their fee structure  —  EXCLUSIVE: As signatories prepare to negotiate new deals with IATSE and Teamsters, it might seem like the last thing the town wants …
Bron Maher / Press Gazette:
BBC ex-Director of News and Current Affairs James Harding says the BBC “will drain advertising away from journalism” if the broadcaster runs ads on its podcasts  —  House of Lords also hears that Spiked has been put on advertising blacklist.  —  Former BBC director of news …
 
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 More News: 
Elise Morton / Associated Press:
Russia arrests journalists Konstantin Gabov and Sergey Karelin on “extremism” charges for allegedly working for a group founded by the late Alexei Navalny
Sharareh Drury / Variety:
An Iranian court sentences rapper Toomaj Salehi to death over songs criticizing the Iranian government; the Recording Academy and others denounced the decision
Associated Press:
Large protests outside the annual WHCD event condemned both the Western news' media coverage of the war in Gaza and President Biden's handling of the conflict
 Earlier Picks: 
Johanna F. Still / The Assembly NC:
Some former staff at StarNews say the Wilmington, NC, daily is diminished under Gannett, as it fades in a death spiral with no clear path to profitability
Jeff Jarvis / BuzzMachine:
The New York Times is broken, shown by its entitled, petulant reaction to Politico's report on its tense relationship with Biden
Matt Grant / KXAN-TV:
Media advocates denounce an Austin TV photojournalist's arrest amid campus protests; one calls for a law shielding journalists from law enforcement interference
Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals
Alex Weprin / The Hollywood Reporter:
Memo: CNN's Poppy Harlow is leaving the network; she joined in 2008 and most recently co-hosted CNN This Morning, which was effectively canceled earlier in 2024
 

 
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

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

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
 
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