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12:15 PM ET, February 7, 2023

Mediagazer

 Top News: 
New York Times:
Penske Media announces a strategic investment in Vox Media; sources: Penske acquired a ~20% stake for $100M, becoming the largest shareholder of Vox Media  —  The deal is the latest in a series of acquisitions and investments made by Penske Media, the owner of a swath of entertainment …
Mélissa Godin / The Guardian:
A profile of Elaíze Farias, the editor of Amazônia Real, a digital media outlet focused on covering marginalized people and their rights in the Brazilian Amazon  —  Elaíze Farias, editor of news outlet Amazônia Real, wants her ‘post-colonial’ journalism to put the voices of marginalised people first
CNBC:
Interviews with 10+ TV industry leaders, including Barry Diller, Kevin Mayer, and Bela Bajaria, on bundling, the fate of linear TV and cable networks, and more  —  - CNBC asked media insiders, including Barry Diller, Bela Bajaria, Jeff Zucker and Bill Simmons, for their predictions about what TV will be like in three years.
Alex Weprin / The Hollywood Reporter:
A look at Disney documentary division ABC News Studios, which feeds ABC, Disney+, Hulu, and more; source: the unit is already profitable after a 2022 launch  —  With premieres at Sundance and SXSW, a growing slate and profitability, the in-house studio is a textbook example of media companies adapting to a streaming-first world.
Alex Weprin / The Hollywood Reporter:
Matthew Keys / Radio Ink:
In a first, NPR will offer member stations and listeners bilingual coverage of the SOTU address, with Spanish-language coverage hosted by journalist A Martínez  —  NPR will offer member stations and listeners bilingual coverage of the State of the Union address for the first time.
Discussion: Colorado Public Radio, Thanks:@thedeskdotnet
Rebecca Rubin / Variety:
AMC Theatres introduces ticket prices based on seat location, pricing seats in the middle of the auditorium higher, coming to all US theaters by the end of 2023  —  At your next visit to AMC Theatres, getting a prime seat may cost you a little extra.  —  The country's largest exhibition chain …
Axios:
Sources: in its investor pitch deck, India-based Sun Group values Forbes at $800M and says it had roughly $285M in revenue and $50M in earnings in 2022  —  A group of investors led by India-based Sun Group is trying to lure tech billionaires and Hollywood types to join its bid for Forbes …
Discussion: @sarafischer
Loree Seitz / The Wrap:
Nielsen: the 2023 Grammys attracted 12.4M viewers across CBS' live broadcast and Paramount+ livestream, up 30% YoY and drawing its largest audience since 2020  —  The 2023 Grammys bounced up 30% from the 2022 awards show broadcast, drawing 12.4 million viewers - the most since 2020.
John Ourand / Sports Business Journal:
The Super Bowl won't have crypto ads in 2023 as FTX and others back out after buying several spots early; crypto companies had around five spots in 2022's game  —  Fox Sports officially sold out Super Bowl LVII inventory, selling its final in-game spot in the week before the NFL conference championship games.
Jim Waterson / The Guardian:
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 More News: 
Ed Meza / Variety:
Israeli filmmakers criticize the new government's plan to reserve state funding for films that don't allegedly tarnish the reputation of Israel or its military
Ashley Carman / Bloomberg:
Staff at Crooked Media, the progressive, independent podcast network behind Pod Save America, unionize through the Writers Guild of America, East
 Earlier Picks: 
Jason Koebler / VICE:
Twitch suspends an AI version of Seinfeld for 14 days after Larry Feinberg, a Jerry Seinfeld clone, made transphobic and homophobic statements in a standup bit
Carrie Blazina / Online News Association:
The Online News Association appoints LaSharah S. Bunting as its CEO and Executive Director, effective March 13; Bunting was most recently a Simon & Schuster VP
James Vincent / The Verge:
Getty Images sues Stability AI in the US for allegedly copying 12M+ images without permission or compensation for training data used to create Stable Diffusion
James Rainey / Los Angeles Times:
Ken Doctor says his local digital outlet Lookout Santa Cruz is on track to make a profit in 2023 and hopes to expand, probably within California, by early 2024
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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