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12:10 PM ET, May 10, 2024

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RELATED:
Tom Wheeler / The Hill:
Google's YouTube TV, which now has over 8M subscribers, should add C-SPAN to its channel lineup as a public service, as more consumers ditch cable subscriptions  —  C-SPAN celebrated its 45th anniversary this year.  Since 1979, the nonprofit cable network has given Americans a window on their democracy …
Discussion: @cspansusan
Josh Rottenberg / Los Angeles Times:
The Academy of Motion Picture Arts and Sciences announces a $500M campaign to extend its influence globally and diversify revenue as Oscars ratings drop  —  Looking to safeguard its future in a world in which the Oscars have lost some of their ratings luster, the Academy of Motion Picture Arts …
Discussion: The Wrap, IndieWire, Variety and Deadline
A.J. Perez / Front Office Sports:
Lineup Publishing says it plans to relaunch Deadspin next week; it appears the new Deadspin will focus on sports betting  —  Deadspin's latest revival is slated to take place next week, although its new Malta-based owners have given no indication about the editorial direction for the sports site.
Discussion: @byajperez
Christi Carras / Los Angeles Times:
LAist initiates a voluntary buyout program for staff to avoid layoffs as it faces a “significant budget shortfall” ranging from $4M-$5M in the next two years  —  Journalists at LAist have been offered buyouts ahead of a potential round of layoffs at the local public radio station …
Ashley Carman / Bloomberg:
Memo: Spotify's head of podcast studios Julie McNamara is leaving the company after nearly three years, emphasizing Spotify's reduced ambitions in podcasts  —  - Executive internally announced her departure on Thursday  — Exit follows layoffs, show cancellations and reorganizations
Georg Szalai / The Hollywood Reporter:
AMC Networks reports Q1 net revenue fell 17% YoY to $596M, operating income fell 36% YoY to $110M, streaming revenue grew 3% YoY to $145M, and 11.5M subscribers  —  The company, led by CEO Kristin Dolan, reported its first-quarter results. … After returning to streaming subscriber growth …
Zachary Small / New York Times:
Jason Gastrow, aka Dunkey, who has nearly 7.5M YouTube subscribers after reviewing games for over a decade, starts Bigmode, a publishing company for indie games  —  After a decade of humorously reviewing games, the man known as Dunkey began a publishing company to support indie projects, starting with the mazelike Animal Well.
CNBC:
Sources: Sinclair is looking to sell 60+ of its 185 TV stations, in markets including Minneapolis and Austin, and is exploring options for the Tennis Channel  —  Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018.
Rick Edmonds / Poynter:
Gannett fires an experienced editor overseeing 26 community newspapers for “sharing proprietary information” with a “competing media company”, which was Poynter  —  Sarah Leach spoke to Poynter in an attempt to staff up her team.  She may have been successful, even if she won't be at Gannett to see it through.
Christopher Kuo / New York Times:
The British Board of Film Classification adopts updated guidelines for how it rates movies; in the US, no systematic process for updating guidelines exists  —  As the attitudes of moviegoers evolve, so do the guidelines of the ratings board, which has reclassified dozens of films including “Mary Poppins” and “Rocky.”
Discussion: BBFC
The Australian:
Australia's federal government plans to create a joint parliamentary select committee to investigate Meta abandoning payment-for-content deals with news outlets  —  Picture: NCA NewsWire / Martin Ollman  —  The decision by tech giant Meta to abandon payment-for-content deals with news outlets …
 
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 More News: 
Ken Yeung / VentureBeat:
ElevenLabs previews a music-generating AI model, showing samples of songs with lyrics generated from text prompts
Mark Stenberg / Adweek:
OpenAI's pitch deck to news publishers promises priority placement to partners in chat conversations and payment contingent on “display success”
 Earlier Picks: 
Sara Fischer / Axios:
Vice Media plans to create a joint venture with Savage Ventures, which will invest “tens of millions of dollars”, to relaunch its sites, including Vice.com
Financial Times:
TikTok plans to start automatically labeling some AI content, including from DALL-E and Adobe's Firefly, and joins the Adobe-led content credentials coalition
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

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

 
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