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11:00 AM ET, June 25, 2024

Mediagazer

 Top News: 
NBC News:
Julian Assange pleads guilty to a conspiracy charge as part of a deal with the US, letting him go free after spending five years in a British prison  —  The WikiLeaks founder has been held in a prison outside London for the last five years and fought extradition to the United States.
Sara Fischer / Axios:
The Associated Press is launching The AP Fund for Journalism, an independent 501(c)3 charitable organization to raise $100M+ to expand state and local news  —  - “It will help to sustain what we do, grow what we do, and add new and incremental journalism services for the industry," Veerasingham told Axios in an interview.
Todd Spangler / Variety:
MTV appears to have fully pulled down MTV News website, scrubbing two decades' worth of content from its archives; Paramount Global shut down MTV News in 2023  —  Some two decades' worth of content published on MTVNews.com is no longer available after MTV appears to have fully pulled down the site.
Raphael Minder / Financial Times:
Dan Primack / Axios:
Filing: Vivek Ramaswamy's BuzzFeed stake grew to 8.9%; sources: Ramaswamy recently met Jonah Peretti and wants Patrick Bet-David and two others on the board  —  - Ramaswamy has continued to increase his stake, this morning disclosing that it's risen to 8.9%.
RELATED:
Lucas Shaw / Bloomberg:
Sources: BuzzFeed is struggling to sell Hot Ones owner First We Feast, which is profitable and has ~$30M revenue per year; interested parties balk at $70M price
Dave Collins / Associated Press:
A US bankruptcy court trustee discloses plans to shut down Infowars and liquidate its assets to help pay the $1.5B in lawsuit judgments that Alex Jones owes  —  A U.S. bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones' Infowars media platform and liquidate …
New York Times:
Mia Sato / The Verge:
The RIAA files two copyright-infringement cases against the AI music services Suno and Udio; Udio was used to create the viral song BBL Drizzy  —  A group of record labels including the big three — Universal Music Group (UMG), Sony Music Entertainment, and Warner Records …
Todd Spangler / Variety:
Prices of ad-free Paramount+ With Showtime plan will rise by $1 to $12.99/month, and of Paramount+ Essential plan with ads by $2 to $7.99, starting August 20  —  As Paramount Global looks to push its streaming business into the black, it's hiking the prices for most Paramount+ plans later this summer.
Charlotte Tobitt / Press Gazette:
Fact checkers at UK news agency PA Media and Full Fact say AI content has proved less problematic than expected so far during the country's general election  —  Fact checkers spending more time on verifying claims made by politicians than on fake AI-generated content.
New York Times:
Interviews with ~12 media executives, such as Brian Roberts, John Malone, Barry Diller, and Ted Sarandos, about the future of streaming, bundling, ads, and more  —  Who will survive?  Die?  Thrive?  And how?  We talked to nearly a dozen top media executives and asked them to predict what lies ahead.
Michael M. Grynbaum / New York Times:
CNN is in charge of every aspect of Thursday's Biden-Trump debate, a major shift from previous years; rival channels will leave CNN's on-air watermark untouched  —  One network is in charge of every aspect of the Biden-Trump debate, a major shift from previous years.  Tens of millions of viewers are expected to be watching.
RELATED:
Jesse Whittock / Deadline:
Sony Pictures Networks India names Disney+ Hotstar content chief Gaurav Banerjee as its new Managing Director and CEO  —  Sony Pictures Networks India has named Disney+ Hotstar content chief Gaurav Banerjee as its new Managing Director and CEO.  —  He'll replace N.P. Singh …
Discussion: WORLD SCREEN and Variety
 
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 More News: 
Christina Couch / Nieman Lab:
Freelance writers, media producers, others sue the Department of Labor over new guidance for classifying independent contractors, saying it creates uncertainty
 Earlier Picks: 
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How local nonprofit newsrooms Mountain State Spotlight, Outlier Media, and Signal Ohio are serving their communities, and what they need to continue their work