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3:20 PM ET, May 23, 2024

Mediagazer

 Top News: 
Wall Street Journal:
News Corp and OpenAI announce a multiyear agreement to bring News Corp's news content to OpenAI; sources say the deal could be worth $250M+ over five years  —  Agreement could generate over $250 million over five years for News Corp in cash and credits  —  Wall Street Journal owner News Corp struck …
RELATED:
Pete Brown / Columbia Journalism Review:
An overview of existing deals between news publishers and AI companies and the questions they raise regarding long-term costs, the selection process, and more  —  In the past few weeks, News Corp, the Financial Times and Dotdash Meredith became the latest news organizations to strike licensing deals …
Dominic Ponsford / Press Gazette:
A bill strengthening powers of the CMA, UK's competition watchdog, heads toward approval; the CMA could compel tech giants to pay for news on their platforms  —  The UK has paved the way for Australia-style payments to news publishers from tech giants as the Digital Markets, Competition and Consumers Bill was passed by Parliament.
CNBC:
The DOJ and 30 state AGs sue Ticketmaster parent company Live Nation to break it up, alleging “anticompetitive conduct to exercise its monopolistic control”  —  The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations.
Lucas Shaw / Bloomberg:
Sources: Alphabet and Meta are in talks with Hollywood studios about licensing content for use in AI video generation tools; Disney and Netflix aren't willing  —  - Studios seek to harness AI's promise without losing control  — Warner weighs licensing content; Disney, Netflix say no
more at Techmeme »
Kat Abu / @abughazalehkat:
A Media Matters staffer says the outlet has laid off about a dozen staffers  —  Bad News: I've been laid off from @mmfa, along with a dozen colleagues. There's a reason far-right billionaires attack Media Matters with armies of lawyers: They know how effective our work is, and it terrifies them (him).
RELATED:
Max Tani / @maxwelltani:
[Thread] In a meeting, Washington Post CEO Will Lewis told staff that the paper lost $77M over the past year, and saw a 50% drop off in audience since 2020
Sapna Maheshwari / New York Times:
TikTok limits the spread of videos from state-affiliated media outside their home countries and disrupted 15 influence operations in 2024, including from China  —  The platform will keep state-affiliated media accounts out of users' feeds if they “attempt to reach communities outside …
Associated Press:
Michael Schumacher's family wins its legal case against German tabloid Die Aktuelle that published an AI-generated interview with Schumacher in April 2023  —  - Die Aktuelle promoted 2023 piece that ‘sounds deceptively real’  — Publisher had sacked editor and apologised to F1 great's family
Discussion: Decrypt, The US Sun, RTÉ and GB News
Amanda Meade / The Guardian:
Sources: News Corp's Rebekah Brooks and Robert Thomson joined Lachlan Murdoch in Sydney for meetings ahead of a major restructuring announcement next week  —  Staff brace for significant cuts as media giant prepares to make moves to counter decline of print and slow advertising market
 
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 More News: 
Dominic Patten / Deadline:
Sources: Sundance is weighing proposals from 15 locations to move the festival in 2027; a decision is expected internally around the end of September
The New York Times Company:
The New York Times hires Puck's Teddy Schleifer, who covers politics, billionaires, and business, to work as a correspondent on its Politics desk
STLPR:
Big Lou Media has sold The Riverfront Times, an alt weekly in St. Louis, Mo, to an undisclosed buyer, and the entire writing and editing staff has been laid off
Alex Sherman / CNBC:
WBD and ESPN strike a five-year deal letting WBD's TNT carry two first-round college football playoff games in 2024 and 2025, adding two quarterfinals in 2026
 Earlier Picks: 
David Shepardson / Reuters:
US FCC Chairwoman Jessica Rosenworcel proposes requiring the disclosure of content generated by AI in political ads on radio and TV, citing the use of deepfakes
Sara Guaglione / Digiday:
How sending fewer emails and giving paid subscribers early access to content improved The New Yorker's onsite page views and time spent from newsletter users
Discussion: Media Voices
Chris Kerr / Game Developer:
Rolling Stone launches RS Gaming, a game vertical in partnership with ESL FACEIT Group, which is owned by Saudi state-backed investment fund PIF
Tom Friend / Sports Business Journal:
Sources: the NBA is formalizing deals with Disney, NBC, and Amazon, which may prompt WBD to sue; ESPN may pay $2.8B annually, NBC $2.6B, and Amazon $1.8B to $2B
 

 
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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