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4:10 PM ET, November 5, 2024

Mediagazer

 Top News: 
Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of copyright infringement  —  Universal Music Group (UMG), along with ABKCO Music & Records, and Concord Music Group, filed a major copyright infringement lawsuit …
Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering  —  Investigators searched the offices of U.S. streaming giant Netflix (NFLX.O) in France and the Netherlands as part …
CNN:
Reporters from news orgs were denied credentials to Trump's election night watch event; source: Politico's credentials were revoked following critical coverage  —  New York CNN —  —  Journalists from multiple news organizations have been denied credentials to former President Donald …
Manish Singh / TechCrunch:
India issues a notice to Wikipedia over bias concerns, questioning if it should be classified as a publisher, after judges called its open editing “dangerous”  —  Wikipedia is facing mounting regulatory pressure in India as local authorities question whether the platform …
Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees  —  Hundreds of jobs will be slashed at iHeart Media as the debt-ridden radio and podcast giant has been crushed by music streaming, The Post has learned.
Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media  —  Shari Redstone won't stay on the board of Paramount Global after the company completes its planned merger with Skydance Media, according to people familiar with her plans.
Discussion: Variety, Deadline, The Wrap and TVNewsCheck
Mandy Dalugdug / Music Business Worldwide:
Music streaming platform Audiomack signs a licensing deal with Saregama, India's oldest label, and says it has hit 10M active users  —  Digital streaming platform Audiomack has partnered with Saregama, touted as India's oldest label, to bring “thousands” of Bollywood hits and regional language tracks …
William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI  —  Scott Beck and Bryan Woods explain why they ended their movie with a pointed message about generative AI.
Jay Peters / The Verge:
Netflix plans to delist nearly all of its interactive shows and films as of December 1, saying the tech “served its purpose”, after launching the format in 2017  —  Netflix's “Interactive Specials” page lists 24 titles, but only four will remain: Black Mirror: Bandersnatch …
Elisabeth Egan / New York Times:
An interview with Craig Garnett, the publisher of The Uvalde Leader-News, about his new book Uvalde's Darkest Hour, the aftermath of the school shooting, more  —  Craig Garnett, the publisher of The Uvalde Leader-News, opens up about covering a tragedy that was — and is — too close to home.
Ellen Clegg / What Works:
After The Minnesota Star Tribune decided last summer not to endorse anyone for president, 15 former opinion staffers posted their own endorsement online  —  The Washington Post and the Los Angeles Times shocked readers, staff and political observers when their billionaire owners killed editorial endorsements …
Discussion: @dankennedy_nu and Media Nation
 
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 More News: 
Alyson Krueger / New York Times:
A profile of Town & Country EIC Stellene Volandes, who is trying to keep the Hearst-owned 178-year-old magazine relevant via social media and its website
Devin Coldewey / TechCrunch:
Perplexity CEO Aravind Srinivas says his offer to help The New York Times was “to provide technical infra support” and “not to replace journalists or engineers”
Sara Fischer / Axios:
Meta informs ad partners that it will extend its ban on new election ads for the week leading up to the election until several days after the polls close
Joshua Benton / Nieman Lab:
Around 75% of the largest US newspapers aren't endorsing anyone for president this year, as publishers try not to annoy any sliver of their remaining customers
 Earlier Picks: 
Todd Spangler / Variety:
Amazon unveils X-Ray Recaps on Prime Video, an AI feature that generates “spoiler-free and concise summaries” of TV shows, in beta to Fire TV users in the US
Daniel Thomas / Financial Times:
BBC Chair Samir Shah calls for UK's “outdated” regulatory regime to be improved to let public service broadcasters compete with US streaming giants for viewers
Alex Weprin / The Hollywood Reporter:
Source: NBC gave the Trump campaign free commercial time in response to Harris' SNL appearance, including an unusual ad during Sunday's NASCAR coverage
 

 
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

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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