Top News:
Mike Barnes / The Hollywood Reporter:
Phil Donahue, a pioneering talk show host whose novel issue-oriented show lasted 29 years, dies at the age of 88 — The 11-time Daytime Emmy winner presided over his program for 29 years and forged a path for Oprah Winfrey and others to follow. — Phil Donahue, the talk show innovator …
Discussion:
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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 …
Mark Stenberg / Adweek:
The Athletic launches a trading card and sports memorabilia vertical as part of a partnership with eBay, a major marketplace for collectibles — The coverage, in partnership with eBay, aims to fill a white space in the underserved collectibles market — The sports publisher The Athletic launched …
Discussion:
Awful Announcing, New York Times, @rafat, Craig Custance on LinkedIn and The New York Times Company
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.
Discussion:
@dicktofel, @alexanderrusso and @tamerspotlight
Ted Johnson / Deadline:
ABC News names Almin Karamehmedovic, executive producer of ABC's top rated World News Tonight, as its next president, succeeding Kim Godwin — ABC News has tapped Almin Karamehmedovic, executive producer of its top rated World News Tonight, as its next president.
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.
Jess Weatherbed / The Verge:
Procreate CEO James Cuda says the iPad illustration app is “not going to be introducing any generative AI into our products”, drawing praise from creatives — Many Procreate users can breathe a sigh of relief now that the popular iPad illustration app has taken a definitive stance against generative AI.
Discussion:
TechCrunch, @procreate, @davidtoons_, @mkbhd, 9to5Mac, @voiddebris, @nellucnhoj, @jam_etc_art, @anildash@threads.net and @sdw, more at Techmeme »
Gregory Meyer / Financial Times:
Walmart says its US ad business grew 30% in the past year from Q2; eMarketer says Walmart will claim 6.8% of 2024 US retail media spending, for $3.7B in revenue — A high-margin and fast-growing ad business is changing the chain's relationship with brands — Walmart last week reported rising sales …
Giulia Segreti / Reuters:
Italian state broadcaster RAI says two journalists who angered Moscow with a TV report from Ukrainian-held parts of Russia's Kursk region will return to Italy — Two Italian journalists who angered Moscow with a TV report from Ukrainian-held parts of Russia's Kursk region will return to Italy, state broadcaster RAI said on Saturday.
Katie Kilkenny / The Hollywood Reporter:
After the 5,000-strong Animation Guild started negotiations with Hollywood studios on August 12, outsourcing jobs and AI are the major points of contention — As the 5,000-strong Animation Guild starts negotiations with studios, outsourcing jobs and AI are the major points of contention.
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
Discussion:
Quartz and Fortune, more at Techmeme »
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:
@tvgrimreaper, IndieWire and @albertfong98