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9:40 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.
Charlotte Van Campenhout / Reuters:
The European Commission opens a probe into Liberty Media's proposed $3.62B acquisition of Dorna Sports, citing possible reduced competition for broadcast rights  —  The European Commission said on Thursday it had opened an in-depth investigation into the proposed 3.5 billion euro ($3.62 billion) …
Discussion: Bloomberg
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: @trungtphan
Washington Post:
WaPo names Karen Pensiero as standards editor, a new masthead position reporting to Executive Editor Matt Murray; she earlier worked with Murray at The WSJ  —  The role is a newly formed masthead position that will report to the executive editor Matt Murray.  —  By WashPostPR
Discussion: Talking Biz News
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
 

 
From Techmeme:

Kyle Wiggers / TechCrunch:
Google releases Gemini 2.0 Flash Thinking, an experimental “reasoning” model that “explicitly shows its thoughts” and can use them to strengthen its reasoning

Benj Edwards / Ars Technica:
Researchers unveil Genesis, an open-source generative physics engine that trains robots in simulated reality 430K times faster than in the real world

Bloomberg:
Sony's shares in Japan surged 50%+ from an August low to reach its new all-time high since 2000 last week, as investors are bullish on its gaming growth in 2025
 
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