Top News:

As the use of AI-generated ads in political campaigns increases globally, consultants, election researchers, and lawmakers push for setting up new guardrails — Gaps in campaign rules allow politicians to spread images and messaging generated by increasingly powerful artificial intelligence technology.

Profits at the largest US entertainment companies have fallen 60%+ since 2013, despite mergers, as media companies spent record sums to build streaming services — Good afternoon from Los Angeles, wherever you may be. Thanks to those of you who came to Bloomberg's Tech Summit.
Discussion:
@lucas_shaw, @stevewells11, @ryanmcraver, @tvgrimreaper and @tiagodf

Some Newsmax staff raised privacy concerns after Newsmax allegedly told them to hand over work and personal correspondence that Smartmatic subpoenaed them over — Court filings rife with internal communications exposed Fox News' post-election misinformation push. Newsmax could be next
Discussion:
@rollingstone and @joshtpm

A look at Harry and Meghan's Hollywood flop in streaming's era of slower growth; sources: Netflix is unlikely to renew their $100M deal, which runs through 2025 — They arrived three years ago with royal star power amid a streaming boom, but have notched more cancellations and rejections than produced shows

SCOTUS refuses to revive a 2019 lawsuit by Genius accusing Google of scraping millions of song lyrics, leaving in place a ruling that tossed out the lawsuit — The US Supreme Court refused to revive a lawsuit by music website Genius Media Group Inc. accusing Alphabet Inc.'s Google of stealing millions of song lyrics.

Vox Media makes changes to its executive team to focus on new revenue streams, including commerce and subscriptions, while growing its ad business — Vox Media, the digital media holding company whose titles include New York Magazine, Eater and The Verge, has appointed a slew of executives …
Discussion:
@sarafischer

Starz plans to increase its ad-free subscription from $9 to $10 per month, the first price increase for the standalone service since its 2016 launch — The change comes after the premiere of a new season of Outlander. — It's about to cost a bit more to stream Starz.
Discussion:
Cord Cutters News

How the rising popularity of K-pop and K-drama drove direct South Korean investment into the US; South Korean FDI jumped 70%+ since BTS' 2016 US breakthrough — Music, drama fan ‘huge tailwind’ for Korean investment in states like Georgia — NEW YORK/PALO ALTO — In more than a decade as an auditor …

At Dublin's NewsXchange conference, experts discussed generative AI's impacts on journalism, including copyright infringement, misinformation risks, and more — Although there were notes of caution, most speakers were optimistic about AI and journalism. — It took approximately ten minutes …
Discussion:
@pressgazette, @pressgazette and @pressgazette

An annual fact-checking census finds there are 417 fact-checking sites active globally in 2023 so far, roughly the same as in 2022 and 2021, up from 151 in 2015 — 10th annual fact-checking census from the Reporters' Lab tracks an ongoing slowdown — While much of the world's news media …
Discussion:
@billadairduke

Analysis: membership at the UK's NUJ was 24,528 in 2022, of which 20,722 pay, down by 21% since 2012 and 32% since 2004; some blame high subscription fees — The journalists' union voted in April to raise membership fees by 5% this year and next. — Membership at the National Union …

Legendary TV news producer David Bohrman, who worked at CNN, NBC, CBS, among others, and was best known for his 12 years of pioneering work at CNN, dies at 69 — Legendary TV news producer and executive David Bohrman passed away Sunday, his former employer CNN announced. He was 69 years old.