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Tom Rubin, OpenAI's chief of IP and content, says publisher partnerships are “largely not” about training AI but instead about use of tools and display of news — It is “incumbent” on OpenAI to make sure smaller publishers get the same potential benefits from platforms like ChatGPT …
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Report: Nelson Peltz' Trian Partners reaped ~$1B from its Disney stock after his unsuccessful proxy fight; Disney heeded some of his calls, cutting 8,000 jobs — In the end, veteran investor Nelson Peltz came away with a big win in his battle with the Walt Disney Co.
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@rfaughnder
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Source: Nelson Peltz has sold his full Disney stake; in April, Peltz' Trian Partners lost a proxy battle after trying to elect Peltz and Jay Rasulo to the board
Source: Nelson Peltz has sold his full Disney stake; in April, Peltz' Trian Partners lost a proxy battle after trying to elect Peltz and Jay Rasulo to the board
Discussion:
Axios, The Ankler, New York Times, 24/7 Wall St., Business Insider, Yahoo Finance, The Hollywood Reporter, The Wrap, Deadline, Gizmodo, Reuters and Variety
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Sources: Skydance sweetens its Paramount offer, making it more favorable to both voting and nonvoting shareholders and agreeing to put more money into Paramount — Paramount's independent committee of directors is expected to review the new bid soon — Skydance Media has submitted …
Discussion:
Reuters, Deadline, Variety, The Wrap, The Hollywood Reporter and Los Angeles Times
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Iran says Saudi Arabia expelled six of its state media journalists after detaining them for nearly a week; Saudi Arabia claims they violated visa regulations — Iran said Wednesday that Saudi Arabia expelled six members of a crew from its state television broadcaster after they had been detained …
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A look at Pixar's missteps since COVID-19: movies were released on Disney+ and key executives departed, leading to a focus on sequels to get back on track — After duds and missteps, the famed animation studio sees Inside Out 2 as key to restoring the magic.
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Hoodline, a network of local news outlets, has been posting AI-written stories under fake bylines; until recently, bylines linked to fake biographical profiles — The articles on a local news site popping up around the country appear to cover what any community outlet would focus on: crime, local politics, weather and happenings.
Discussion:
@susanbordson, @hadas_gold and PolitiFact
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UK banker Crispin Odey sues the Financial Times for libel over its June 2023 publication of allegations that Odey had sexually assaulted multiple women — Former City banker Crispin Odey is suing the Financial Times for libel after it published allegations that he had sexually assaulted multiple women.
Discussion:
Telegraph, Mediaite, London Evening Standard, Financial News, City A.M. and Talking Biz News
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Brian Weinstein moves from president and COO of Bad Robot to serving as 3 Arts Entertainment co-CEO and senior adviser to Lionsgate CEO Jon Feltheimer — Former Bad Robot President and COO, Brian Weinstein, is heading over to Lionsgate in what is a dual role: He'll be the Co-CEO …
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Virtual MVPD Philo, which carries 70+ entertainment channels and has 1M+ subscribers, raises prices for its Core tier to $28 per month, and adds AMC+ to Core — Sports-free virtual pay TV service is now streaming 70 channels for $28 a month, but it is tacking on AMC+ for free
Discussion:
Philo blog, @tvgrimreaper, The Streamable, StreamTV Insider, The Desk and Cord Cutters News
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Sources and docs: Twitch will end the contracts of its current Safety Advisory Council members; the new council will be mostly composed of Twitch Ambassadors — Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC.
Discussion:
The Verge and Hayden Field on LinkedIn, more at Techmeme »
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Sources: X and Nexstar's NewsNation plan to host separate live town halls with Trump and Robert F. Kennedy Jr.; the Biden campaign has not agreed to take part — - The Biden campaign has not agreed to take part. — A spokesperson for the Biden campaign declined to comment.
Discussion:
New York Times, @sarafischer, Poynter, Washington Post, CNN, NewsNation, The Daily Beast, CBS News and WSVN-TV
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Meta begins rolling out TweetDeck-style customizable feeds on Threads globally, following a test that started earlier this month — Threads is widely rolling out a desktop site redesign that lets you customize your homepage with a series of feeds, similar to TweetDeck.
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Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance — TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version …
Discussion:
The Verge, Music Business Worldwide and Music Ally, more at Techmeme »