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5:10 PM ET, December 9, 2024

Mediagazer

 Top News: 
New York Times:
Sealed doc: Rupert Murdoch failed in an attempt to change his family trust to consolidate Lachlan's control of his empire and lock in Fox News' right-wing bent  —  A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan …
OpenAI:
RELATED:
Kyle Wiggers / TechCrunch:
OpenAI says it will give only a “subset” of Sora users access to a feature for creating videos of a real person using uploaded photos or footage of the person  —  OpenAI launched its video-generating tool, Sora, on Monday.  But the company's opting not to release a key feature for most users pending further testing.
Marques Brownlee / Marques Brownlee on YouTube:
Review of OpenAI's Sora video generator: can depict very real looking news anchors with news-style cutaways, but telltale signs of AI generated videos remain
Ben Sisario / New York Times:
Taylor Swift Touring says the Eras Tour made $2B in ticket sales, double the gross of any other concert tour in history, with an average seat price of ~$204  —  Over 21 months, the pop superstar's culture-dominating stage show doubled the gross of its closest competitor, according to ticket sales figures confirmed for the first time.
Todd Spangler / Variety:
Comcast and WBD announce a multiyear distribution pact, including letting Comcast bundle Max in the US; Sky will launch the Max app in the UK in April 2025  —  Sky gets U.K. rights to HBO's forthcoming Harry Potter series, will distribute Max in the country
Dominic Ponsford / Press Gazette:
The Guardian publishes a letter by 125 Guardian and Observer staff contradicting Scott Trust claims of “extensive consultations” with staff over Observer sale  —  The Guardian has published two letters from current and former staff attacking the chair of the Scott Trust, the limited company which owns Guardian Media Group.
Max Tani / Semafor:
Source: Vox Media will not renew its deal to distribute Taylor Lorenz's video podcast, set to expire at the start of 2025; the first episode aired in March 2024  —  The Scoop  —  Vox Media is ending its deal to distribute Taylor Lorenz's podcast and YouTube show.
Jason Koebler / 404 Media:
404 Media is fighting a subpoena from Texas AG Ken Paxton that demands info on reporting and a source to help in an unrelated case TX is pursuing against Google  —  In October, Texas Attorney General Ken Paxton subpoenaed 404 Media, demanding that we hand over confidential information …
Ben Smith / Semafor:
Source: Fox is talking to potential acquisition targets in political media, particularly on the right, including Daily Wire and Red Seat Ventures  —  THE SCOOP  —  My colleague Liz Hoffman has written that “SpinCo,” the new proprietor of NBC's cable assets, will be born with a strong balance sheet …
Mark Sweney / The Guardian:
ITV CEO Carolyn McCall has fared well in an embattled sector, turning around the UK's biggest commercial public broadcaster despite a stubbornly low share price  —  CEO has fared well in an embattled sector, turning around the UK's biggest commercial public broadcaster despite the stubbornly low share price
 
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 More News: 
Rebecca Rubin / Variety:
Netflix scores the most Golden Globe nominations of any media company in 2024, with 13 nominations for film and 23 for TV
The New York Times Company:
Matea Gold, who has been a managing editor of The Washington Post for the past 15 months, joins The New York Times as Washington editor
Bloomberg:
Omnicom Group agrees to buy Interpublic Group in a deal that will create the largest ad company in the world, with a combined $25B+ in annual revenue
 Earlier Picks: 
Daniel Thomas / Financial Times:
GroupM expects global ad industry revenue to hit $1T for the first time in 2024; Google, Meta, ByteDance, Amazon, and Alibaba are set to earn 50%+ of the total
Dominic Ponsford / Press Gazette:
Time CEO Jessica Sibley describes Time's shift from reader revenue to direct-to-business sales, ending its paywall, increasing events, and making an OpenAI deal
Jacob Gershman / Wall Street Journal:
TikTok still faces a US ban if not sold by January 19, after a federal appeals court ruled that Congress has the power to take action to protect US interests
 

 
From Techmeme:

Jeff Horwitz / Wall Street Journal:
Test conversations with some Meta AI digital companions, including celebrity-voiced ones, show them engaging in sexual chats even when users identify as minors

Matt Levine / Bloomberg:
A look at the rise of “pure play” bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is

Prachi Verma / The Economic Times:
India faces a shortage of agentic AI professionals, with executives estimating fewer than 100K in the country while demand is projected to hit ~200K by 2026

 
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