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11:00 AM ET, October 7, 2024

Mediagazer

 Top News: 
Financial Times:
Sources: New York Sun owner Dovid Efune is close to striking a deal to buy The Telegraph for £550M+, more than what others like National World offered  —  Offer could end 16-month battle to control the conservative British national newspaper  —  New York Sun owner Dovid Efune is closing …
Alex Weprin / The Hollywood Reporter:
Kamala Harris, who has mostly avoided interviews over the past few months, readies a media blitz, including the Call Her Daddy podcast, The View, and 60 Minutes  —  The vice president and Democratic nominee has set a slew of media appearances this week, including a live interview with 'The View …
Wall Street Journal:
eMarketer expects Google's share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains  —  A flurry of new offerings for advertisers is hitting the market  —  Google's grip on the nearly $300 billion search advertising business is loosening.
Olesia Safronova / Bloomberg:
Ukraine says the country's hackers carried out a cyberattack that took down the online broadcasts of 20+ Russian broadcasters on Vladimir Putin's 72nd birthday  —  - Russian state media reported ‘unprecedented’ cyberattack  — Disruption coincided with Russian president's 72nd birthday
Matthew Jordan / The Conversation:
As Congress tries to force carmakers to install AM radios as a matter of public interest, it should push licensed stations to abide by public interest standards  —  A lament about the demise of AM radio has been rising in the halls of Congress.  —  Several automakers, most notably Tesla and Ford …
Sridhar Pappu / New York Times:
How SmartLess, a podcast by Will Arnett, Jason Bateman, and Sean Hayes, became a rare cultural tent pole that continues to thrive after its pandemic birth  —  Started during the pandemic, this venture is the first step in a media empire being built by the actors Sean Hayes, Will Arnett and Jason Bateman.
Max Tani / Semafor:
Substack, which still isn't profitable but has added 1M+ paid subscribers over the past year, is trying to become a primary way creators of all mediums get paid  —  Seven years since its launch, the newsletter platform Substack has consolidated its dominance of the independent news business.
Trip Gabriel / New York Times:
Former NYT investigative reporter David Burnham, whose work uncovering corruption in the NYPD during the 1970s inspired the movie Serpico, dies at the age of 91  —  Tipped off by the detective Frank Serpico, he wrote an explosive series on police corruption in New York City, sparking an investigation by the Knapp commission.
Victoria Gomelsky / New York Times:
Watches of Switzerland Group, one of the world's largest watch retailers, buys watch enthusiast website Hodinkee and says its coverage will remain independent  —  Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.
Naman Ramachandran / Variety:
Amazon India completes its MX Player acquisition and merges it with Amazon miniTV to create new free streaming service Amazon MX Player  —  STREAMING SYNERGIES … The merged platform has over 250 million unique users in India, according to Amazon.  —  The service offers original shows like …
Ben Cohen / Wall Street Journal:
A look at Google NotebookLM's Audio Overview feature, which was built by Google Labs and has gone viral for its AI-generated “deep dive” podcasts with two hosts  —  With this Google tool, you can now listen to a show about any topic you could possibly imagine.  You won't believe your ears.
 
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 More News: 
Georg Szalai / The Hollywood Reporter:
An interview with ex-NBCUniversal executive Evan Shapiro on why streaming is a “shitty” business, Netflix ads, and why Hollywood must band together to thrive
Discussion: @tvgrimreaper
Emma Roth / The Verge:
Matt Mullenweg says WordPress.org “belongs to me personally”, as his WP Engine feud blurs the lines between WordPress.org, WordPress Foundation, and Automattic
Ashley Belanger / Ars Technica:
YouTube says it fixed an issue that appeared to affect thousands of accounts, incorrectly flagging channels as spam, removing them, and disabling subscriptions
Karen Raugust / Publishers Weekly:
Penguin renews its master publishing deal with BBC Studios for Bluey books; the books have sold 20M+ copies in 22 languages worldwide, including 8.5M in the US
Discussion: WORLD SCREEN
Dan Rys / Billboard:
Warner Music Group and Meta strike a multiyear licensing deal across all Meta platforms, including WhatsApp for the first time
Discussion: Music Ally
 Earlier Picks: 
Kurt Wagner / Bloomberg:
Meta unveils Movie Gen, which creates up to 16-second videos from a text prompt, available to some staff and partners; Meta plans to add it to its apps in 2025
 

 
From Techmeme:

Andrew J. Hawkins / The Verge:
The US NHTSA suggests easing rules allowing for fully driverless cars and urges companies operating driverless cars to share more data for greater transparency

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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