Top News:
David Rutz / Fox News:
Rupert Murdoch transitions from chair of Fox Corp and News Corp to the new role of Chairman Emeritus; Lachlan Murdoch becomes the sole chair of both companies — ‘For my entire professional life, I have been engaged daily with news and ideas, and that will not change’
Discussion:
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Michael Wolff / The Ankler:
Excerpt from Michael Wolff's The Fall: the first chapter imagines an eventual Rupert Murdoch obituary, capturing his life and career at Fox Corp and News Corp — The mogul's ‘obituary’ opens the buzzy upcoming book, ‘The End: The Fall of Fox News and the Murdoch Dynasty’
Discussion:
The Guardian, Reuters, Financial Times, Crikey, New York Times, Puck, @sharonwaxman, Variety, The Messenger, The Ringer and UPROXX
New York Times:
A profile of Lachlan Murdoch, who is less overtly political than his father, has led Fox through lawsuits, and has some proven successes, including buying Tubi — He solidified his rise to the top of his father's media empire on Thursday. — Lachlan Murdoch's path to succession has been rocky at times …
Discussion:
Sydney Morning Herald, Bloomberg, @Lilmikesf@c.im, Mediaite, Forbes, New York Post, CNN and Los Angeles Times
Matthew Garrahan / Financial Times:
The way Rupert Murdoch structured the ownership of his companies doesn't necessarily mean Lachlan's ascension ends the fight for control of the family empire
Discussion:
The Guardian, Reuters, City A.M., Insider, Wired, Rolling Stone, The Messenger and Vanity Fair
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 …
Discussion:
Music Ally, The Information, CNN, Tubefilter, Bloomberg, 9to5Google and The Verge, more at Techmeme »
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Sam Schube / GQ:
How Apple SVP of Services Eddy Cue led the company's push into live sports streaming and is using its MLS deal to test reshaping how sports are consumed — Longtime Apple executive Eddy Cue happens to be an enormous sports fan. And with Apple entering the wild west of broadcasting live sports …
Discussion:
@tsoh_investing, @geoffgagnon, The Sun, @samschube, 9to5Mac, The Messenger and UPI, more at Techmeme »
Jake Rudnitsky / Bloomberg:
Amazon plans to introduce limited ads in Prime Video in the US, the UK, Germany, and Canada early in 2024; ad-free tier will cost $2.99/month extra in the US — Prime will also include an ad-free option for an additional $2.99 per month in the US, while pricing in other countries will be published later …
Discussion:
CNN, Variety, IndieWire, Ad Age, Associated Press, The Sun, BBC, The Verge, Broadband TV News, Deadline and The Hollywood Reporter, more at Techmeme »
Tom Ambrose / The Guardian:
WBD announces an expansion of Warner Bros Studios Leavesden, in Hertfordshire, UK, with work to add 10 sound stages starting in early 2024 and finishing in 2027 — Studios behind Harry Potter films to undergo 400,000 sq ft expansion by 2027, in boost to struggling industry
Discussion:
CNN, Variety, Press Association, Collider, @wbd, @wes_greer, @bobdigi69, Bleeding Cool News, The Wrap, Deadline and The Hollywood Reporter
Wendy Lee / Los Angeles Times:
Studio CEOs attended another bargaining session with the WGA on September 21; WGA negotiating committee says talks will resume on September 22 — Jobs, Labor & Workplace — The Writers Guild of America and major studios — held a marathon bargaining session Thursday …
Louise Story:
AI tools can help reporters, news outlets, and readers with tasks such as querying large data files, alerting about potential stories, and personalizing content — Today, understanding artificial intelligence is an essential skill for a media leader. This is not simply because you need …
Discussion:
@louisestory, @louisestory, @louisestory, Yogesh's Substack and Rappler
Joe Flint / Wall Street Journal:
WWE's “SmackDown” plans to move from Fox to NBCUniversal's USA Network in fall 2024; sources: 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
Discussion:
investor.tkogrp.com, Sports Business Journal, The Desk, CNBC, Barrett Media, @sherman4949, Front Office Sports, Sportico, Awful Announcing, Cageside Seats, New York Post, Associated Press, Bloomberg, Fightful, Los Angeles Times, The Streamable, Bleeding Cool News, TVLine, Deadline, The Hollywood Reporter and The Ringer
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 …
Discussion:
@carnage4life@mas.to, @jackdbrody, The Information, Gizmodo and TechCrunch, more at Techmeme »
Ella Creamer / The Guardian:
Amazon limits authors to self-publishing three books per day on its website, after an influx of suspected AI-generated material listed for sale in recent months — 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
Discussion:
@quinnypig, The Register and The Indian Express, more at Techmeme »
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