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6:15 PM ET, August 27, 2024

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 Top News: 
Patrick Svitek / Washington Post:
After raising complaints, Trump says he'll participate in the ABC debate with Harris on September 10 and the rules “will be the same as the last CNN debate”  —  The ABC News-hosted debate is set to take place Sept. 10 in Philadelphia, Trump said Tuesday.
Todd Spangler / Variety:
Jason and Travis Kelce sign a deal with Amazon's Wondery for rights to their popular New Heights podcast; a source says the three year deal is worth $100M+  —  Three-year pact gives Wondery rights to ad-sales, distribution and more to NFL stars' weekly show
New York Times:
Edgar Bronfman Jr. drops his 11th-hour bid to take control of Paramount and buy National Amusements; sources: Bronfman couldn't offer proof of financing in time  —  Mr. Bronfman has frantically put a bid together over the last week even as Paramount raised questions about his financing.
RELATED:
Siobhan Hughes / Wall Street Journal:
In a letter to Rep. Jim Jordan, Mark Zuckerberg says he regrets Meta wasn't more outspoken about Biden administration pressure to restrict some COVID-19 content  —  Meta CEO also says he won't repeat 2020 efforts to fund local elections, which Republicans criticized as ‘Zuckerbucks’
Christopher Palmeri / Bloomberg:
Sources: Disney is in contract renewal talks with DirecTV that could see ABC, ESPN, and other channels blacked out as early as September 1 if no deal is reached  —  DirecTV is looking to ease contract terms that have long required cable and satellite-TV distributors to charge customers …
Chris Eggertsen / Billboard:
Spin returns to print as a quarterly magazine after being out of circulation since late 2012; Bob Guccione Jr., who founded the publication in 1985, is the EIC  —  After more than a decade out of circulation, SPIN is returning to print as a quarterly magazine, the media brand announced Tuesday …
Discussion: @oneunderscore__ and Head Topics
Variety:
Sony India and Zee Entertainment reach a comprehensive, non-cash settlement to resolve all disputes related to their planned $10B merger, halted earlier in 2024  —  The agreement brings an end to the legal proceedings that had been ongoing at the Singapore International Arbitration Centre …
Yola Mzizi / The Business of Fashion:
Hearst says Willa Bennett, editor-in-chief of Highsnobiety, will succeed Jessica Giles as editor-in-chief of Cosmopolitan and Seventeen on September 16  —  In this role, Bennett will oversee the publications' content strategy and editorial direction across print, digital, social media and video mediums.
Discussion: Daily Front Row, MediaPost, The Cut and WWD
Blake Brittain / Reuters:
A judge reverses a jury's $600K verdict that Disney misused Rearden's tech in Beauty and the Beast, saying it couldn't have known its contractor was misusing it  —  Disney (DIS.N) convinced a federal judge in California on Monday to reverse a jury's $600,000 verdict that it misused another …
Discussion: Plagiarism Today
Manish Singh / TechCrunch:
India telecom Bharti Airtel partners with Apple to offer exclusive deals for Apple Music and Apple TV+ later this year; Airtel will shut down its Wynk music app  —  Apple has struck a deal with Airtel to provide the Indian telecom giant's subscribers with exclusive offers for its music streaming service.
 
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 More News: 
Kerry Flynn / Axios:
Last week BuzzFeed launched a BuzzFeed Arcade redesign, Vulture released an archive of its game Cinematrix, and Mashable partnered with Arkadium to offer games
Christine Murray / Financial Times:
How Mexico became one of the world's most dangerous countries for journalism, as crime groups grow and President López Obrador fuels hostility towards reporters
Jon Brodkin / Ars Technica:
A US federal judge orders Missouri's AG to halt his probe into Media Matters' November 2023 X ads report, after a similar order against Texas' AG in April 2024
Maxwell Zeff / TechCrunch:
Viggle, developer of 3D-video foundation model JST-1, raised a $19M Series A led by a16z; Viggle says the model is trained on public sources, including YouTube
 Earlier Picks: 
Mia Sato / The Verge:
Gannett is shutting down its product reviews site Reviewed, sources say on November 1; staff previously accused Gannett of publishing AI-generated reviews
Anna Tong / Reuters:
OpenAI supports CA bill AB 3211 to require companies generating AI content to add watermarks; the bill passed in the state Assembly 62-0 and heads to Senate
Alex Weprin / The Hollywood Reporter:
Memo: ESPN outlines a reorganization, including promoting David Roberts to oversee sports news and entertainment, and plans to cut “a few dedicated colleagues”
Max Tani / Semafor:
Sources: ABC News adjusted 538's US election model after taking it down for nearly a month; Nate Silver and Nate Cohn criticize ABC over a lack of transparency
 

 
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

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

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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