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4:10 AM ET, November 14, 2024

Mediagazer

 Top News: 
Alex Weprin / The Hollywood Reporter:
CEOs at Nexstar, Sinclair, and Tegna, plus some analysts, say they expect deregulation and consolidation in the broadcast TV industry under Trump's FCC  —  Flush with political ad dollars and anticipating a deal-friendly environment, moguls are eyeing big moves to roll up lucrative local broadcasters.
Anne Steele / Wall Street Journal:
Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January 2025, to let Premium users view podcast videos without ads  —  Audio-streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads
RELATED:
Sara Fischer / Axios:
Spotify projects its first full year of profitability ever in 2024; CEO Daniel Ek says profitability is the new normal for Spotify  —  - “We believe we are in a new reality where we are a profitable company. … - CFO Christian Luiga said, “We see positive cash flow going forward and growing.”
Todd Spangler / Variety:
Don Lemon, who sued Elon Musk and X after a deal fell apart, says he's leaving X on November 15, citing X's new ToS that moves legal disputes to Texas courts  —  Don Lemon, a one-time business partner of Elon Musk who's now suing the tech mogul, is done with X.
Murray Stassen / Music Business Worldwide:
German royalty licensing group GEMA sues OpenAI and subsidiary OpenAI Ireland in Munich Regional Court, claiming ChatGPT violates copyrights of lyrics  —  OpenAI, the $157 billion-valued US-based AI giant behind ChatGPT, has been sued by German collection society and licensing body GEMA.
Lillian Rizzo / CNBC:
Amazon Prime Video will offer Diamond Sports Group's 16 regional sports networks, newly branded as FanDuel Sports Network, as add-on subscriptions  —  Diamond Sports reached a deal with Amazon's Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform.
Dan Milmo / The Guardian:
The Guardian says it will no longer post on “any official Guardian editorial accounts” on “toxic media platform” X; reporters will still use X to gather news  —  Platform's coverage of US election crystallised longstanding concerns about its content, says Guardian
Jon Brodkin / Ars Technica:
A look at a legal case by record labels Universal, Warner, and Sony against an ISP for piracy by the ISP's users, as the labels seek bigger payouts for damages  —  The big three record labels notched another court victory against a broadband provider last month, but the music publishing firms …
Alex Kantrowitz / Big Technology:
Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more  —  Spotify's Gustav Söderström talks about AI music, Notebook LM podcasts, and the nuance of building better discovery using LLMs.
more at Techmeme »
Gene Maddaus / Variety:
The Louisiana House of Representatives voted to end the state's $150M film and TV production tax incentive; the bill still needs the Senate and governor's OK  —  The Louisiana House of Representatives voted Tuesday to eliminate the state's $150 million tax incentive for film and TV production …
Paul Beckett / Columbia Journalism Review:
The WSJ's Washington bureau chief during Evan Gershkovich's arrest in Russia discusses the newspaper's “be loud” strategy that helped free the reporter  —  What newsrooms need to know, from an insider who helped lead the effort.  —  Midway through dinner on March 29, 2023 …
 
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 More News: 
CNN:
Patrick Soon-Shiong says Harris' Gaza stance contributed to non-endorsement, and plans to “balance” LA Times' opinion page with conservative and centrist voices
Mia Sato / The Verge:
Patreon says creators and their fans can now give away gift memberships and creators will be able to send discounts and sales to fans
Discussion: TechCrunch
Chris Roush / Talking Biz News:
Yahoo Finance hires Anthony Galloway as head of content; he was previously the WSJ's chief content officer of editorial video, audio, and voice programming
CNBC:
Liberty Media plans to spin off most assets, besides F1 racing, into publicly traded company Liberty Live, and says CEO Greg Maffei will step down by 2024's end
 Earlier Picks: 
Callie Holtermann / New York Times:
Bluesky says it gained 1M+ users in the week since the US election, mostly in the US, the UK, and Canada, and crossed 15M users; Bluesky had 6M users in August
Diana Falzone / Mediaite:
Sources: Alina Habba, the lawyer who represented Trump in high-profile cases, is the front-runner to serve as press secretary in the incoming White House
Financial Times:
Media executives say that some brands are preparing to advertise on X once again, as Elon Musk is likely to gain an influential Trump administration role
Todd Spangler / Variety:
Amazon is shutting down Freevee, its free, ad-supported streaming service launched in 2019 under the IMDb brand, and plans to move the content to Prime Video
 

 
From Techmeme:

Bloomberg:
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users

Ramish Zafar / Wccftech:
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 staff at the end of 2023

Bloomberg:
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January 2025
 
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