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10:20 PM ET, December 19, 2024

Mediagazer

 Top News: 
Ivan Mehta / TechCrunch:
YouTube plans to start a crackdown on “egregious clickbait”, or videos where the titles or thumbnails make claims the videos don't back up, beginning in India  —  A lot of YouTube videos have flashy, misleading titles and thumbnails, such as “BREAKING NEWS” or “The president steps down …
Mark Stenberg / Adweek:
The Baltimore Banner, launched in June 2022, expects 2024 revenue to rise 37% YoY to $13M+, with subscriber count growing 50%+ in 2024 to ~55,000  —  The 2.5-year-old non-profit generates nearly half of its business from paying readers  —  Nonprofit newsroom The Baltimore Banner will bring …
Katie Robertson / New York Times:
Semafor plans to launch an invite-only newsletter for CEOs, The CEO Signal, in January 2025, written by former FT US News Editor Andrew Edgecliffe-Johnson  —  Numerous media outlets, looking for new lucrative lines of business, are pursuing newsletters and events aimed specifically at top executives.
Colby Hall / Mediaite:
Neil Cavuto is leaving Fox News after 28 years at the network; source: Fox offered him a new deal that he declined to accept and ultimately decided to leave  —  Neil Cavuto is leaving Fox News after 28 years at the network and will bid viewers farewell at the end of Your World Thursday afternoon, Mediaite has learned.
Lucas Shaw / Bloomberg:
A survey of 400+ Hollywood insiders: ~50% would sell a show to Netflix over its rivals, Yellowstone's Taylor Sheridan is the most in-demand producer, and more  —  Hollywood insiders answer 20 burning questions about the entertainment business.  —  For the last 12 months, you've had to read more than 100,000 words of my writing.
Discussion: @lucas_shaw and @trungtphan
Naman Ramachandran / Variety:
Gower Street predicts 2025 global box office revenue to hit $33B, up 8% from 2024's estimated $30.5B, and the North American market rising 9% YoY to ~$9.7B  —  Global box office revenues are expected to rebound to $33 billion in 2025, marking an 8% increase from 2024's estimated $30.5 billion take …
Kiyoshi Takenaka / Reuters:
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder  —  Sony Group (6758.T) said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa (9468.T) …
RELATED:
Deadline:
John Robson, co-founder of kid-focused studio Moonbug, is stepping down; Moonbug bought CoComelon in 2020, and Candle Media acquired Moonbug in 2021  —  Moonbug is owned by Candle Media and has the lucrative CoComelon franchise.  Robson's fellow Co-Founder, Rene Rechtman told staff about the news in a memo circulated today.
 
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 More News: 
Joe Easton / Bloomberg:
Canal+ shares sink 15%+ as UBS says the stock is fairly valued after its London listing on December 16; CAN is down 32%+ since its listing
Chris Roush / Talking Biz News:
Ankler hires Alison Brower as its executive editor; Brower was Los Angeles bureau chief at Business Insider before leaving in February
Jess Weatherbed / The Verge:
Meta teases an AI editing tool powered by Movie Gen AI in Instagram that can change outfits, backgrounds, and more in videos using a text prompt, coming in 2025
Robert Booth / The Guardian:
A coalition of newspapers, writers, movie producers, and others rejects the UK's plans to create a copyright exemption for AI companies to train their models
Graham Fraser / BBC:
Reporters Without Borders urges Apple to scrap Apple Intelligence's notification summaries after a BBC complaint said the feature created a misleading headline
Jesse Whittock / Deadline:
TelevisaUnivision plans to launch ViX in Spain in January 2025 on Spanish media group Atresmedia's streaming platform Atresplayer
 Earlier Picks: 
S.E. Smith / The Verge:
A look at the quickly disappearing web, as digital decay and link rot erase many media formats; a Pew study says 38% of webpages accessible in 2013 are now gone
Bron Maher / Press Gazette:
Bloomberg EIC John Micklethwait calls paywalls “the safest way to guarantee journalistic jobs” and predicts AI would do more to change editing than reporting