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11:20 AM ET, December 21, 2023

Mediagazer

 Top News: 
Sara Fischer / Axios:
Sources: WBD CEO David Zaslav met with Paramount Global CEO Bob Bakish on December 19 to discuss a possible merger; Zaslav has also spoken with Shari Redstone  —  Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger …
Business Insider:
Ozy Media sues Ben Smith, Semafor, and BuzzFeed, alleging Smith used the failed BuzzFeed/Ozy merger to sabotage Ozy and steal its business model for Semafor  —  - A dishy lawsuit from Ozy accuses Ben Smith of killing the company only to steal its business model for Semafor.
Discussion: @jeremymbarr
RELATED:
Bloomberg:
Sources: Paramount Global is in talks to sell its BET network to a management-led investor group that includes BET CEO Scott Mills and Chinh Chu, for under $2B
Lauren Forristal / TechCrunch:
Medallion, a blockchain platform for artists to connect with fans, raised a $13.7M Series A, after launching music NFTs in the UK, Australia, and Germany  —  Medallion is a platform for artists to have a dedicated digital hub for promoting album releases, tour dates and merch drops …
Discussion: Billboard
Katherine Blunt / Wall Street Journal:
Patrick Coffee / Wall Street Journal:
Most big brands haven't created AI-specific roles, despite many marketers believing AI will change their jobs; Coca-Cola promoted two executives to new AI roles  —  Many marketers believe artificial intelligence will change their jobs forever.  But most big brands haven't created roles …
Gina Chua / Semafor:
Semafor's Executive Editor details building and experimenting with custom bots to explore how newsrooms could leverage generative AI to improve their work  —  The Scene  —  The big news — albeit somewhat old news — is that large language models can work with small data.
Cliff Harvey Venzon / Bloomberg:
The Philippines suspends the Duterte-linked Sonshine Media Network International's radio and TV shows for 30 days over allegations of violating its franchise  —  - Regulator acted on Congress resolution on Sonshine Media  — SMNI show regularly features former President Duterte
Elsa Keslassy / Variety:
French TV network TF1 plans to launch AVOD TF1+ on January 8; the service will include Top Chrono, an AI-powered feature that creates summaries of sports games  —  As CEO of Canal+ for more than a decade, Rodolphe Belmer pushed the pay TV giant to make original scripted content …
Morgan Sung / TechCrunch:
A look at the first annual VTuber Awards, a five-hour, live awards show for virtual YouTubers, hosted from an enclosed green box in WePlay's Los Angeles studio  —  Anime cat girls are at the forefront of tech innovation  —  On stream, Filian took the stage at the center of a colossal arena …
Will Sommer / Washington Post:
A reporter's departure from The Dallas Morning News and a front-page retraction prompt a union grievance and suspicion that managers bowed to political pressure  —  At the Morning News, a sarcasm-drenched email interview with the county district attorney led to a rare and humiliating front-page retraction of a story.
 
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 More News: 
Victoria Arancio / ABC News:
A helicopter pilot and a photographer for TV station WPVI in Philadelphia died on December 19, following a helicopter crash in Washington Township, New Jersey
 Earlier Picks: 
Ashley Carman / Bloomberg:
After Spotify began offering complimentary audiobooks to millions of subscribers in October 2023, authors demand more transparency about how they will be paid
Erik Larson / Bloomberg:
New York's AG sues Sirius XM for allegedly making canceling subscriptions to its online radio services hard, including via a “frustrating” six-part conversation
 

 
From Techmeme:

Jason Schreier / Bloomberg:
Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division

Michael Peel / Financial Times:
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods

Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor

 
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