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4:25 PM ET, September 21, 2023

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 Top News: 
David Rutz / Fox News:
Rupert Murdoch steps down as chair of Fox Corp and News Corp, transitioning to a new role of Chairman Emeritus; Lachlan becomes sole chairman of both companies  —  ‘For my entire professional life, I have been engaged daily with news and ideas, and that will not change’
Discussion: Fox Corporation, MSNBC, Wall Street Journal, New York Times, Mediaite, Media Matters for America, New York Post, Variety, Washington Post, Vox, Associated Press, The Guardian, Los Angeles Times, Financial Times, News Corp, @brianstelter, CNN, The Hill, Mediaite, Politico, The Hollywood Reporter, Mediaite, Radio & Television …, @edmundlee, @semaforben, @davidfolkenflik, Forbes, The Desk, Bloomberg, CNN, @pkafka, @janemartinson, Insider, NPR, Breitbart, Gizmodo, UPI, al.com, HuffPost, The A.V. Club, @chrchristensen, @dougjballoon, @bgrueskin, @aaronblake, @sarafischer, @edsbs, Bleeding Cool News, @eduardosuarez, @eyesontheright, @farhip, @ahmedbaba_, @youngvulgarian, Daily Mail, @yashar, @aidnmclaughlin, Spectator, @projectlincoln, Ad Age, @exavierpope, The Daily Beast, @jaheale, @sree, @lizaoutlives, @tomgara, Poynter, Newser, @jeremynewberger, @markdistef, @pinboard, @dylanbyers, @peltzmadeline, @grantstern, Axios, @zaleskiluke, @bencjacobs, USA Today, @pickardje, @misterabk, Rolling Stone, @coreypein.bsky.social, PennLive, The Indian Express, @jbflint, @sherman4949, CBS News, @therickydavila, The Hollywood Reporter, @eriqgardner, @reflog_18, @frasernelson, Cord Cutters News, Guido Fawkes, @edzitron, @jimrutenberg, @leximcmenamin, @kylenabecker, @piersmorgan, @stefmowords, @mattgertz, @john_b_taylor@threads.net, @pkafka, @deggans, BBC, Deadline, @djrothkopf, @annaknicolaou, @goangelo, @bobbybigwheel, @moorehn, @davidmackau, The Wrap, @jeffjarvis.bsky.social, @kelvmackenzie, @karaswisher@threads.net, @keitholbermann, @ayocaesar, Semafor, @jeffjarvis.bsky.social, Vanity Fair, TVLine, @brianstelter, @johncleese, @maggienyt, The Guardian, @piersmorgan, @imjasondiamond, Broadband TV News, @arusbridger, @karaswisher, @karaswisher, @sarafischer, @pkafka, @emilybell, @BrayingBoozehound …, @michaelbarthel, The Sun, @baseballcrank, @travisakers, @scottygb, @reflog_18, @jeffjarvis.bsky.social, Fortune, National Review, @mattgertz, @justinbaragona, City A.M., @sherman4949, @mikegalsworthy, @gtconway3d, Financial Times, @dhtoomey, @jeffjarvis.bsky.social, Press Gazette, Politico, ITV News, @mehdirhasan, @jojofromjerz, @stan_chow, New York Magazine, The Verge, WORLD SCREEN, Al Jazeera, FOX8 WGHP and The Messenger
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Matthew Garrahan / Financial Times:
The way Rupert Murdoch structured ownership of his companies means Lachlan's ascension doesn't necessarily mark the end of a control fight for the family empire  —  The way outgoing patriarch Rupert has structured ownership of his assets means the story is not yet over
Sarah Perez / TechCrunch:
YouTube unveils YouTube Studio AI features coming in 2024 and lets select creators test Aloud, a dubbing tool that creates AI-generated dubs in other languages  —  YouTube is expanding its Creator Music Studio, announced last year, with new AI features in addition to the launch of an AI-dubbing tool.
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Sarah Perez / TechCrunch:
YouTube announces Dream Screen, a Shorts feature that lets users create an AI-generated video or image background using text prompts, rolling out in early 2024  —  YouTube today announced a new feature coming to its short-form video platform Shorts that will allow users to leverage AI tools to create videos.
Sarah Perez / TechCrunch:
YouTube debuts YouTube Create, an app that lets creators edit videos, adding effects, GIFs, royalty-free tracks, and more, in beta on Android in eight markets  —  YouTube this morning introduced a new app for creators, YouTube Create, that will offer a suite of easy-to-use and free tools …
Joe Flint / Wall Street Journal:
WWE's “SmackDown” will move from Fox to NBCUniversal's USA Network in fall 2024; sources say the five year deal is valued at $1.4B, up 40% from what Fox paid  —  Premier WWE television-rights package to get a new home next fall  —  NBCUniversal's USA Network has pinned down the rights for “SmackDown,” the
Ella Creamer / The Guardian:
Amazon limits the number of books that authors can self-publish on its site to three a day, after an influx of suspected AI-generated material  —  The company announced the new limitations after an influx of suspected AI-generated material was listed for sale but said that ‘very few’ publishers will be affected
Louise Story:
AI can help reporters, publishers, and readers with tools for tasks including querying big data files, alerting potential stories, and personalizing content  —  Today, understanding artificial intelligence is an essential skill for a media leader.  This is not simply because you need …
Aisha Majid / Press Gazette:
A snapshot of discounted subscriptions tactics at 60 publishers in the UK and Europe, as publishers try to build regular reading habits among consumers  —  Consumers have come to expect discounted trials and introductory offers when signing up to news brands.
Alex Barinka / Bloomberg:
Snap says Snapchat+ now has 5M+ subscribers, up from 3M in April 2023; the $3.99 per month tier launched in June 2022, after an industry slowdown in ad revenue  —  Snap Inc. has gained more than 5 million subscribers for its paid service, an offering that gives users early access to new features …
Max Tani / @maxwelltani:
Christopher Beha resigns as editor of Harper's Magazine; Christopher Carroll, who joined Harper's as senior editor in 2018, will become editor on September 25  —  Inbox: Christopher Beha Resigns from Harper's Magazine; Christopher Carroll Appointed Editor [image]
Anna Nicolaou / Financial Times:
Sources: Deezer plans to raise its monthly subscription price by €1 to €12 across several countries in Europe  —  Move comes as industry increases fees and era of cheap entertainment comes to an end  —  Deezer is set to raise its monthly subscription price by €1 …
Katie Kilkenny / The Hollywood Reporter:
After talks on September 20, the WGA and AMPTP release a joint statement saying negotiations will continue on September 21, a first during the strike  —  The union met with four top CEOs, including David Zaslav, Ted Sarandos, Bob Iger and Donna Langley, in their latest negotiations session on Wednesday.
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 More News: 
Patrick Frater / Variety:
Studio Ghibli, Miyazaki Hayao's iconic Japanese cartoon firm, sells a controlling stake to NTV and will become a “subsidiary” of the Japanese broadcaster
Jay Cridlin / Tampa Bay Times:
Lucy Morgan, a pioneering Tampa Bay Times journalist, who in 1985 won the Pulitzer Prize for investigative reporting, died on September 20 at the age of 82
Mediaite:
Sources: Project Veritas, founded by James O'Keefe, suspends all operations amid severe financial woes and lays off six people, after earlier layoffs in August
 Earlier Picks: 
Max Tani / Semafor:
Nonprofit newsroom The City cuts staff hours by 20%, taking advantage of NY state's work-share program; reporter Tom Robbins quit to help stave off job losses
 

 
From Techmeme:

MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours

Devindra Hardawar / Engadget:
MacBook Pro (16", 2024) review: best MacBook Pro yet with a bright display, sharp 12MP Center Stage webcam, and long battery life, but not a big leap from M3

Anissa Gardizy / The Information:
Source: Amazon is discussing a second multibillion-dollar investment in Anthropic, but wants Anthropic to use a large number of servers powered by Amazon chips

 
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