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Eight daily newspapers owned by Alden sue OpenAI and Microsoft, accusing them of using copyrighted articles without permission to train generative AI products — The suit, which accuses the tech companies of copyright infringement, adds to the fight over the online data used to power artificial intelligence.


The Athletic has ~2.95M newsletter subscribers, up nearly 20% YoY; Comscore: it had 17.6M unique visitors in the US in March 2024, up from 6.6M a year prior — This article was provided as an exclusive preview for Digiday+ members, who were able to access it early.
Discussion:
Chris Sprow on LinkedIn, Meg Linehan on LinkedIn and Claudio E. Cabrera on LinkedIn
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Sources: Google has agreed to pay News Corp $5M to $6M annually to develop new AI-related content and products, as part of the Google News Initiative — Google has agreed to pay Wall Street Journal owner News Corp between $5 million and $6 million annually to fund the news organization's development …
Discussion:
MediaPost, Reuters and Engadget, more at Techmeme »


The Intercept's Ken Klippenstein resigns, citing the outlet's corporatization and saying its “fear of funders is more important than journalism itself” — ...and starting something new — I resigned from The Intercept today in order to pursue a new kind of journalism here on Substack …
Discussion:
@WorMP3@mstdn.social, @trappgodd.bsky.social, @faustianfool.bsky.social, @chrisrulon, @agoldmund, @alexjordanatl, @poorlyreasoned, @jeremymbarr, @flargh@mastodon.social, @hypercubexl.bsky.social, @asherelbein.bsky.social, @katebushupdates, @nandoodles, @taylorlorenz@mastodon.social, @alexdecampi.bsky.social, @jeremymbarr, @jragazzo, @davidgerard@circumstances.run, @alshafei@mastodon.social and @ggreenwald


Tech journalism is often characterized by scandals, sensationalism, and shoddy research; publishers hesitate to invest in nuanced reporting without a clear ROI — A huge proportion of tech journalism is characterized by scandals, sensationalism, and shoddy research. Can we fix it?


Amazon reports Q1 net sales up 13% YoY to $143.3B, AWS revenue up 17% to $25B, net income up from $3.2B to $10.4B, operating income up from $4.8B to $15.3B — Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.
Discussion:
Bloomberg


UAE-backed RedBird IMI withdraws from the Telegraph and Spectator auction, which starts today, and will look to sell on its rights to the UK outlets — After a bruising few months, UAE-backed investor RedBird IMI is withdrawing from its attempt to acquire the Telegraph newspaper and Spectator magazine …
Discussion:
New York Times, Reuters, Telegraph, Al Jazeera, City A.M., Mediaite, Financial Times, The Wrap, The Guardian, @steven_swinford, @pippacrerar and Deadline


NYC-based newsletter platform beehiiv raised a $33M Series B led by NEA, taking its total raised to $46.5M, and says the service has ~20K active newsletters — With the number of people using e-mail globally approaching 5 billion, newsletters delivered regularly into people's inboxes continue …


The EU opens a DSA investigation into Meta over deceptive Facebook and Instagram ad and political content; sources say the probe is about a pro-Kremlin campaign — - Probe said to target pro-Putin Doppelganger campaign — Meta probe is under the EU's tough new Digital Services Act
Discussion:
European Commission, Engadget, Ars Technica, UPI, Liberties.eu, lawsociety.ie, @clothildegouj, @prestonjbyrne, Reuters, Al Jazeera, Invezz, TechCrunch, @clothildegouj, @thierrybreton, Euronews, Digital Journal, Politico, @vestager, Infosecurity, Euractiv, Mind.ua, @rita_wezenbeek, @fhortalforonda, @disinfoeu, Associated Press, Reuters, The Verge, New York Times, Semafor and Financial Times, more at Techmeme »


Survey: 33% of Peacock users were still using the free tier in Q1 2024, though new sign-ups ended in January 2023; 24% of Peacock Premium users stream it daily — As the ever-shifting SVOD business continues to evolve, one key challenge now confronting streamers is how to handle subscription plans that no longer exist.
Discussion:
Streaming Better and Adweek


Reader's Digest UK Editor-in-Chief Eva Mackevic says the magazine will close in the UK after 86 years, citing the “unforgiving magazine publishing landscape” — The magazine's editor said it has “come to an end” in the UK after 86 years. — Reader's Digest magazine has closed in the UK …
Discussion:
MediaPost, The Guardian, The Drum, Steph Bridgeman on LinkedIn and Eva Mackevic on LinkedIn


Arnaud Lagardère resigns as chair and CEO of French publishing group Lagardère SA, after an indictment accused him of misappropriating company funds — Arnaud Lagardere, the chairman and CEO of French publishing group Lagardere SA (LAGA.PA), has resigned from his executive roles …
Discussion:
Fortune, Financial Times, Bloomberg, Le Monde.fr, Dow Jones Newswires and Deadline