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2:40 PM ET, July 12, 2024

Mediagazer

 Top News: 
Ashley Belanger / Ars Technica:
A House committee report claims the Global Alliance for Responsible Media colluded to cut Twitter revenue after Musk's acquisition; GARM guidance is non-binding  —  Congress accused advertisers group of colluding to tank X's revenue.  —  After the House of Representatives Committee …
RELATED:
Kurt Wagner / Bloomberg:
After X hyped shows with Paris Hilton, Tucker Carlson, and others in January 2024, the deals have fizzled, a source says due to a lack of advertiser interest  —  X is having a tough time cracking into the TV business, but first...  Promises, promises  —  Six months ago, executives …
Journal Sentinel:
Civic Media says its decision to make two pre-broadcast edits to a Biden interview on Earl Ingram's WAUK show fell short of “journalistic interview standards”  —  Jessie Opoien Molly BeckMilwaukee Journal Sentinel  —  MADISON — Civic Media, a Wisconsin-based progressive talk-radio network …
Phil Lewis / What I'm Reading:
CNN says it has integrated its Race and Equality team of reporters in other areas across its platforms, instead of the team existing in an “organizational silo”  —  The news comes as CNN leader Mark Thompson announced that the cable news channel will lay off 100 employees as it restructures its newsgathering operations.
Mia Sato / The Verge:
How Ben Faw, co-founder of BestReviews and Advon, allegedly led a scheme to add affiliate links to product reviews that benefited companies Faw had a role in  —  The man behind the AI gaffes at Sports Illustrated and USA Today has a yearslong history of filling the internet with garbage.
Rest of World:
A profile of FlowGPT, a Chilean artist who made a hit song using AI to clone Justin Bieber and Bad Bunny's voices and calls his AI songs “demos”  —  Meet the Chilean artist who made it big using others' voices. … 9 JULY 2024  • SANTIAGO, CHILE
Discussion: Garbage Day
Nilay Patel / The Verge:
Q&A with Nick Thompson, CEO of The Atlantic and former EIC of Wired, on the magazine's two-year OpenAI deal, AI lawsuits, the future of search, and more  —  CEO Nicholas Thompson discusses the deal: 'AI is coming.  It is coming quickly.  We want to be part of whatever transition happens.'
Cecilia D'Anastasio / Bloomberg:
Saudi Arabia will host the inaugural Olympic Esports Games in 2025, as part of a newly announced 12-year partnership with the Olympic Committee  —  Saudi Arabia will host the inaugural Olympic Esports Games in 2025 under an agreement announced Friday by the International Olympic Committee and the kingdom.
The Wrap:
The LAist Union says the nonprofit newsroom lost at least 21 staffers to layoffs and buyouts this week; LAist announced a voluntary buyout program in May  —  The nonprofit newsroom announced its intended buyouts in May, citing mounting expenses and declining revenue
Anne Steele / Wall Street Journal:
Sources: comedian Dax Shepard signs an $80M podcasting deal with Amazon, shifting his Armchair Expert show to Amazon's Wondery service from Spotify  —  New deal includes video episodes, gives Amazon's Wondery exclusive distribution and ad-sales rights  —  Comedian Dax Shepard has signed …
Ashley Carman / Bloomberg:
Audible proposes a new royalties model where Audible pays publishers and authors from a pool of revenue to be divided up among titles users listen to each month  —  The Amazon subsidiary wants the industry to make more audiobooks available for bottomless consumption  —  Hello, and welcome back to Soundbite.
Discussion: The Wrap and Audible.com
 
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 More News: 
Janko Roettgers / Lowpass:
Court hearing: Redbox parent CSSE failed to pay payroll taxes for 9 months and didn't pay employees' health insurance for 2.5 months, leaving them uninsured
Brooks Barnes / New York Times:
The Hallmark Channel says it will launch streaming service Hallmark+ for $8/month in September, with on-demand access to old content and memberships perks
Reuters:
Source: Turkey is seeking an explanation from Saudi Arabia for detaining a Turkish journalist who allegedly made comments about the murder of Jamal Khashoggi
 Earlier Picks: 
Kate Park / TechCrunch:
South Korea-based Beeble AI, which is developing virtual production services for indie filmmakers, raised $4.75M in seed funding at a valuation of $25M
Discussion: The Information
 

 
From Techmeme:

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

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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