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11:45 PM ET, July 7, 2024

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 Top News: 
Lucas Shaw / Bloomberg:
Source: Paramount board's special committee approves Skydance merger; the board is set to approve the deal today, with an announcement coming as soon as Monday  —  - Transaction expected to be approved Sunday evening by board  — David Ellison's Skydance, Paramount have negotiated for months
Calum Jaspan / Sydney Morning Herald:
Memo: Nine's Pedestrian Group restructures as CEO departs, staff faces cuts, and licensing deals to publish Vice, Gizmodo, Kotaku, others in Australia get axed  —  The chief executive of Nine-owned Pedestrian Group, Matt Rowley, will leave the youth publisher as part of a major restructure …
Gillian McGoldrick / The Philadelphia Inquirer:
WURD says Biden's interview, with questions provided by his aides, was conducted without management knowledge and is parting ways with Andrea Lawful-Sanders  —  The Philadelphia radio host who admitted to using questions prepared by President Joe Biden's campaign in one of his first postdebate interviews …
RELATED:
Michael D. Shear / New York Times:
Biden aides provided questions for radio interviews on The Source on Philadelphia's WURD, on July 3, and The Earl Ingram Show on Wisconsin's WAUK, on July 4  —  The host of “The Source” on WURD in Philadelphia said officials provided her with a list of eight questions to choose from.
Ashley Belanger / Ars Technica:
As Glaze, a free tool to help artists prevent AI from copying their style, sees an “explosion in demand”, researchers say its protections can be bypassed  —  Artists must wait weeks for Glaze defense against AI scraping amid TOS updates.  —  For many artists, it's a precarious time to post art online.
Jef Feeley / Bloomberg:
Discovery investors reach a $125M settlement over claims that company insiders reaped improper benefits worth $1B+ in its $43B merger with WarnerMedia  —  - Settlement involves payment by Advance/Newhouse partnerships  — Merger created one of world's largest entertainment companies
Discussion: Deadline
Ben Church / CNN:
A look at concerns about Saudi Arabia “sportswashing” as it hosts the Esports World Cup; Saudi Arabia's PIF has bought some of the biggest gaming companies  —  In the heart of Saudi Arabia's capital, a seismic moment for esports is underway; one which has triggered both excitement and concern across the industry.
RELATED:
Mario Koran / New York Times:
A reporter describes how college journalism classes helped him go from being in jail to becoming a NYT Local Investigations Fellow and Wisconsin Watch reporter  —  While serving a sentence for burglary, I enrolled in a college journalism class.  When I interviewed my correctional officer, my world broadened.
Cynthia Littleton / Variety:
At the half-year mark, Hollywood media giants have had double-digit stock price declines, except Disney and Fox, and will likely stay underwater in 2024  —  Disney and Fox Corp. buck the downtrend for showbiz shares at the midyear mark  —  As always, the numbers tell the tale.
Li Yuan / New York Times:
How xenophobic content on Chinese social media, directed towards Japan, the US, Jews, and others, became the subject of a debate and spreads despite censorship  —  Violent attacks on foreigners have prompted a debate about extreme nationalism online in a country that heavily censors information the government bans.
Shubham Sharma / VentureBeat:
ElevenLabs launches Voice Isolator, a freemium AI tool for removing background noise from audio files for film, podcast, and interview post production  —  ElevenLabs, the AI voice startup known for its voice cloning, text-to-speech and speech-to-speech models, has just added another tool to its product portfolio: an AI Voice Isolator.
 
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 More News: 
Scott Roxborough / The Hollywood Reporter:
Germany's government pledges to add a 30% film/TV production tax incentive, effective as early as January 2025; Australia raised its rebate to 30% on July 1
Taylor Lorenz / Washington Post:
A look at Meta's struggles to attract influencers to Threads, due to the platform's focus on text and its lack of a clear purpose for users
Daniel Tilles / Notes From Poland:
Polish state broadcaster deletes an article that said PM Donald Tusk made “misleading” accusations, supporting claims that Tusk hasn't depoliticized the outlet
 

 
From Techmeme:

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

Shubham Sharma / VentureBeat:
DeepSeek releases DeepSeek-V3, an open-source MoE model of 671B total parameters, with 37B activated per token, claiming it outperforms top models like GPT-4o

 
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