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4:35 PM ET, September 24, 2024

Mediagazer

 Top News: 
Sara Fischer / Axios:
The NYT aims to sell podcast subscriptions via Apple Podcasts and Spotify, requiring users to pay to access older episodes, starting Oct. for $6/mo. or $50/year  —  - “A big part of our strategy is building direct relationships with our customers,” said Ben Cotton, The Times' head of subscription growth.
Brian Steinberg / Variety:
Memo: Paramount unveils “phase two” of layoffs and says 90% of them will be complete after this round, following its August plan to cut 15% of its US workforce  —  Paramount Global unveiled a second wave of staff cuts Tuesday morning, part of a larger bid by the owner of CBS …
Lucas Shaw / Bloomberg:
TikTok says it plans to shut down TikTok Music on November 28 and will delete customer data; the app, originally called Resso, first launched in 2019  —  TikTok Music will go offline on Nov. 28 and customer data will be deleted, the music division said in a post on its website.
Mark Stenberg / Adweek:
Vice relaunches its print magazine, on hiatus since 2019, and debuts $10 per month and $4 per month subscriptions with access to paywalled content  —  The publisher hopes to reach 10,000 subscribers by next spring  —  The digital media company Vice relaunched its print magazine and debuted …
Discussion: VICE
Sara Fischer / Axios:
Sources: Koch's PE arm is in talks with a media entrepreneur to partner on a bid for Forbes valuing the company at ~10% less than its $630M 2021 SPAC valuation  —  The firm often targets companies that are poorly managed or undervalued.  — It will often partner with a strategic buyer …
Discussion: Talking Biz News
Barry Hertz / Globe and Mail:
Netflix pauses funding for some professional development programs in the Canadian film and TV industry as Canada imposes a 5% tax on foreign streamers' revenue  —  /arts/arts/arts//artsThe future of several professional development programs crucial to the health of the Canadian film …
Discussion: @mgeist and iPhone in Canada Blog
Ryan Browne / CNBC:
Warner Bros. Discovery partners with Google to add its “caption AI” tool built on Vertex AI to Max to automatically generate captions for unscripted programming  —  Warner Bros. Discovery is partnering with Google to integrate the internet giant's AI technology …
Charlotte Tobitt / Press Gazette:
Trending Now, which offers AI-powered B2B newsletters, changes its logo after BuzzFeed sent a cease-and-desist letter over alleged copyright infringement  —  An AI-powered aggregator newsletter publisher has changed its logo in response to a legal threat from Buzzfeed.
New York Times:
How WhatsApp Channels, launched in late 2023, are driving traffic to digital news outlets, especially readers from outside the US, as social media traffic falls  —  An illustration of a man sitting on a green chair reading a newspaper called “World News” as he looks at his phone behind it.Jackson Gibbs
Jake Kanter / Deadline:
Sources: UK's Evening Standard has made plans to use AI to write reviews under the name of its former art critic of 30 years Brian Sewell, who died in 2015  —  Deadline understands that London's historic Evening Standard newspaper has been making plans to revive its former writer using artificial intelligence.
Charlotte Tobitt / Press Gazette:
Reach CEO Jim Mullen says there is “too much power in the hands of platforms and their algorithms” and calls for regulation to make platforms pay for content  —  The chief executive of the UK's biggest commercial news publisher has called for big tech regulation so the platforms pay …
 
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 More News: 
Alex Ritman / Variety:
A group of journalists abandons a press junket at the San Sebastian Film Festival, in protest of a larger trend of limited access to stars at film festivals
Discussion: Deadline
Ivan Mehta / TechCrunch:
WP Engine sends a cease-and-desist letter to Automattic to “retract false, harmful, and disparaging statements”, after Matt Mullenweg called it a “cancer”
Jess Weatherbed / The Verge:
Spotify rolls out its AI Playlist feature in beta to Premium subscribers in the US, Canada, Ireland, and New Zealand, after launching in the UK and Australia
Chris Welch / The Verge:
Roku unveils the $100 Roku Ultra, which is 30% faster than its other streaming players and has Wi-Fi 6, HDMI 2.1, Dolby Atmos, the Voice Remote Pro, and more
 Earlier Picks: 
Chine Labbé / Nieman Reports:
A project that tracked 50 Ukrainian newsrooms over the past 15 months finds they are upholding high standards of journalism, some reinvented themselves, more
Casey Newton / Platformer:
Casey Newton reflects on Platformer's fourth year: 190,196 total subscribers, up ~35K YoY, and revenue up ~11% YoY despite leaving Substack in January 2024
David Ingram / NBC News:
TikTok permanently removes accounts associated with the parent organizations of Russian state media outlets RT and Sputnik, citing “covert influence operations”
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% to $30.8B, vs. $29B est., and forecasts Q4 revenue above estimates

Matt Swayne / The Quantum Insider:
Google researchers introduce AlphaQubit, a machine-learning decoder that surpasses existing methods in identifying and correcting quantum computing errors

 
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