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5:00 PM ET, August 21, 2024

Mediagazer

 Top News: 
Peter White / Deadline:
Sources: Chick-Fil-A plans to launch a slate of original media productions for its own streaming platform and has worked with studios on family-friendly shows  —  Deadline understands that the fast-food firm has been working with a number of major production companies, including some of the studios …
Tommy Craggs / Bloomberg:
How the end of a federal ban on sports gambling transformed the way sports media is funded and changed what kind of stories get covered and published  —  The $10 billion industry transformed how sports media is funded—and written.  —  Few journalists embody the gambling industry's capture …
Alex Weprin / The Hollywood Reporter:
Rotten Tomatoes debuts a Verified Hot badge for films that have a Verified Audience Score of 90% or higher, among other requirements  —  Movies that are ‘Verified Hot’ by filmgoers will join those that are ‘Certified Fresh’ from critics, in a move meant to give more weight to consumer opinions …
Todd Spangler / Variety:
Disney's board names James Gorman, executive chairman of Morgan Stanley, as chair of a succession planning committee to identify Bob Iger's replacement as CEO  —  Gorman, who joined the Disney board earlier this year, oversaw the recent succession process at Morgan Stanley, where he had previously served as the firm's CEO.
Editor and Publisher:
A draft plan circulating among California lawmakers and media leaders would create a Local News Fund with Google and state money, run by a board at UC Berkeley  —  Following years of legislative work, a draft deal between Google, Gov. Gavin Newsom and Assemblymember Buffy Wicks …
Georg Szalai / The Hollywood Reporter:
Paramount and Canal+ unveil an updated deal under which Canal+ subscribers in France get Paramount+ at no additional cost  —  Under the updated deal, Canal+ subscribers can access Paramount+ at no additional cost, no matter which subscription plan they have.
The Wrap:
Document: Edgar Bronfman Jr.'s Paramount bid is backed by a group of 19 investors including Fortress, Brock Pierce, and producer Steven Paul  —  Kazakh investor Nurali Aliyev joins Fortress and producer Steven Paul in the last minute $4.3 billion bid  —  Cryptocurrency mogul Brock Pierce …
Discussion: TVNewsCheck and Deadline
RELATED:
Sara Fischer / Axios:
Source: Edgar Bronfman Jr. has raised $5.5B for a bid for National Amusements, and plans to submit a bid higher than his initial $4.3B offer in the coming days
Associated Press:
Police in Pakistan charge a man with cyberterrorism, accusing him of spreading misinformation about the identity of the attacker in the Southport stabbing  —  Web developer in Lahore charged with cyberterrorism, after riots thought to have been fuelled by false reports online
Bron Maher / Press Gazette:
The UK's Evening Standard tells staff it will move to a weekly print publishing schedule, starting on Thursday, September 26, and rebrand as The London Standard  —  The Evening Standard print newspaper will rebrand as The London Standard when it goes weekly next month as it returns to a focus on news and analysis from the city.
Tabitha Mueller / The Nevada Independent:
WBD commits $500M+ annually for productions in Nevada over 17 years as part of a UNLV film studio partnership, if the state expands its film tax credits in 2025  —  The entertainment studio promised $8.5 billion in investments over 17 years, contingent upon the expansion of film tax credits in the Silver State.
 
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 More News: 
Hoda Sherif / The Nation:
Four journalists discuss how their reporting on Gaza was restricted, bias in newsrooms they worked in, and how being Palestinian impacted their work
Daniel Wiessner / Reuters:
A US district judge in Texas strikes down the FTC's ban on worker noncompete agreements, due to start September 4, after temporarily blocking the rule in July
Kate Knibbs / Wired:
Condé Nast agrees a multiyear deal with OpenAI, letting ChatGPT and SearchGPT surface stories from The New Yorker, Vogue, Vanity Fair, Bon Appetit, and Wired
Blake Brittain / Reuters:
Writers and journalists Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson sue Anthropic, saying it misused their books and others' to train Claude
 Earlier Picks: 
Todd Spangler / Variety:
Alex Cooper reaches a multiyear agreement with SiriusXM, replacing Spotify; source: the deal is for a little more than 3 years and is worth as much as $125M
Dade Hayes / Deadline:
Netflix says it has recorded a 150%+ YoY increase in upfront ad sales commitments, in line with the company's expectations, including deals around live events
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

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

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
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