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5:00 AM ET, August 19, 2024

Mediagazer

 Top News: 
Katie Robertson / New York Times:
The Star Tribune renames to The Minnesota Star Tribune, and plans to expand its statewide coverage, as part of an effort to boost its paid digital subscriptions  —  The newspaper in Minneapolis is expanding its statewide coverage and changing its name to The Minnesota Star Tribune.
Tabby Kinder / Financial Times:
Arize AI: 56% of Fortune 500 companies cited AI as a “risk factor” in their recent annual reports, up from 9% in 2022; 90%+ of media firms cited AI as a risk  —  More than half of the largest US groups cited new technology as a potential hazard in their latest annual reports
Justine Fisher / CNBC:
Legacy media companies, which entered the streaming market with a focus on gaining subscribers, now are raising prices to earn a return on their investments  —  Streaming is finally starting to pay off for media companies, but there's a catch — to get there, consumers are facing higher subscription costs …
Discussion: @albertfong98
Max Tani / Semafor:
A look at Ezra Klein's rise during this election cycle, from his early call for Biden not to run to his increasingly popular podcast, now #8 on Apple Podcasts  —  The News  —  When Ezra Klein visited 1600 Pennsylvania Ave. early this year for a series of off-the-record meetings with top officials …
Liam Reilly / CNN:
Some local news radio stations, like New York's WCBS, face an existential threat as listeners and revenue shift, forcing outlets to cut staff and abandon news  —  New York CNN —  —  For more than a century, Americans have been turning to a trusted and reliable source for local news: the radio.
Anthony Ha / TechCrunch:
X says it is closing its operations in Brazil, claiming a judge threatened “arrest if we do not comply with his censorship orders”; X still remains available  —  X, the social media platform formerly known as Twitter, said today that it's ending operations in Brazil …
Reuters:
Brazilian media mogul and TV host Silvio Santos, who founded a business empire including SBT, one of the country's largest TV channels, dies at the age of 93  —  Brazilian media mogul Silvio Santos, who went from street vendor to owner of a business empire including one of the country's largest TV channels …
David Folkenflik / NPR:
John Lansing, the CEO who led NPR through turbulent times during the pandemic, dies at 67, just six months after stepping down from the network  —  Former NPR chief executive John Lansing died Wednesday at his lakeside home in Wisconsin, just six months after relinquishing his role at the network …
Bloomberg:
A US judge temporarily blocks the launch of Venu Sports, the streaming service from Fox/WBD/Disney, a week before rollout, after Fubo filed an antitrust lawsuit  —  - Judge bars new streaming platform until Fubo lawsuit proceeds  — Venu was scheduled to launch next week for $42.99-a-month
Lauren Floyd / Axios:
Isaac Hayes' estate says it is suing Donald Trump, alleging copyright infringement after Trump's use of a hit song at campaign rallies from 2022 to 2024  —  - “In no way is this use authorized, and Celine Dion does not endorse this or any similar use,” the singer's management team posted in a statement on X.
Amanda Meade / The Guardian:
In response to proposed rules restricting gambling ads, Australian TV networks say they may have to rethink whether they can afford to fund local news bulletins  —  Labor appears poised to push forward with a watered-down partial ad ban.  How much money do TV networks really make from gambling promotions?
 
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 More News: 
Justin Bachman / Legal Dive:
A YouTuber files a proposed class action against Nvidia, accusing it of scraping his content without consent to train AI models, weeks after also suing OpenAI
Bevan Hurley / The Times:
Ben Horowitz of VC firm a16z accused VC Michael Moritz of using The San Francisco Standard, financed by Moritz, to “fabricate hit pieces” on him and his wife
The Guardian:
Nigel Farage reports pay of £97,900 a month by GB News as a presenter, £4,000 a month by the Daily Telegraph, and more; he appears to be UK's highest-earning MP
Cristiano Lima-Strong / Washington Post:
A US appeals court largely upholds a ruling blocking the California Age-Appropriate Design Code Act, finding parts of the law likely violate the First Amendment
Akash Pasricha / The Information:
Source: film production company Petra Media acquires Creator+, a startup producing and streaming films for creators; Petra had earlier invested in the startup
 Earlier Picks: 
Joe Flint / Wall Street Journal:
Channing Dungey, chairman and CEO of Warner Bros. Television Group will take oversight of 20+ WBD cable networks in 2025 after Kathleen Finch retires
Benjamin Mullin / New York Times:
The Onion relaunches a monthly print edition for online subscribers, a perk alongside live events, and others; it stopped running ads from Taboola in July