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India's Zee Entertainment remains committed to its $10B Sony India merger, calling media reports of the deal falling through “baseless and factually incorrect” — India's Zee Entertainment (ZEE.NS) on Tuesday said it was committed to its merger with Sony's (6758.T) local arm …
Discussion:
Financial Times, Anto Antony on LinkedIn, Bloomberg and Advanced Television
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Sources: Zee misses a deadline to pay $200M to Disney's India unit for cricket TV rights, citing a cash crunch; Zee agreed to pay $1.4B+ in August 2022 — - Payment was part of a $1.4 billion cricket rights purchase — Network is saving cash ahead of likely collapse of its merger
Discussion:
Anto Antony on LinkedIn

Imax says its 2023 box office was $1.06B, near 2019's $1.1B record and up 24.4% YoY, with $393.2M in North America, its highest grossing year ever in the region — Christopher Nolan's ‘Oppenheimer’ and Taylor Swift's concert film helped drive the rebound in ticket sales coming out of the pandemic.
Discussion:
Variety, ScreenRant and IMAX Corporation
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Steven J. Horowitz / Variety:
Taylor Swift: The Eras Tour becomes the highest-grossing concert film of all time, earning $261.6M+ globally, surpassing Michael Jackson's This Is It from 2009
Taylor Swift: The Eras Tour becomes the highest-grossing concert film of all time, earning $261.6M+ globally, surpassing Michael Jackson's This Is It from 2009
Discussion:
Rolling Stone UK, Forbes, Rolling Stone, Billboard, ScreenRant, Digital Music News and The Hollywood Reporter

Substack plans to remove some Nazi publications, but its new policy interpretation won't include proactively removing neo-Nazi and far-right extremism content — Substack is removing some publications that express support for Nazis, the company said today.
Discussion:
The Verge, @jbenton, @brianstelter, Engadget, @jasonkoebler@threads.net, @brian.fishman.5@threads.net, @fraying@xoxo.zone, @LyleDAL@universeodon.com, @neurovagrant@masto.deoan.org, @crumbler@threads.net, @ernie@writing.exchange, @thisismissem@hachyderm.io and Rolling Stone, more at Techmeme »

Meta plans to start automatically restricting teen Instagram and Facebook accounts from harmful content, including posts about self-harm, in the coming weeks — Efforts to curb harmful material and reduce unwanted interactions with teen social-media accounts come as states sue parent company Meta
Discussion:
Meta, TechCrunch, The Verge, The Hill, NPR and 9to5Mac, more at Techmeme »

Fox Corp. debuts Verify, a blockchain protocol developed with Polygon Labs for media companies to register content and grant usage rights to AI companies — Fox Corp., one of the largest media companies in the U.S., has publicly debuted a new blockchain platform called Verify …
Discussion:
Variety, TechCrunch, TVNewsCheck and @bgrueskin

How the internet reshaped itself around Google's search algorithms, including via SEO tricks, and the company's role in many websites now using similar designs — How the internet reshaped itself around Google's search algorithms — and into a world where websites look the same. — Animations by Richard Parry

Amazon announces Matter Casting, an Apple AirPlay-like feature to send video from different platforms to Amazon devices, initially supporting Echo Show devices — Amazon.com Inc. introduced a new feature that mimics Apple Inc.'s AirPlay while working across different platforms …
Discussion:
The Desk, The Verge, Thurrott and Cord Cutters News, more at Techmeme »

Survey of 314 news leaders from 56 countries: just 47% say they are confident about journalism's 2024 prospects; 63% worry about declining social media traffic — The disruptive power of artificial intelligence (AI) will sweep through the information space this year at a time of intense political …
Discussion:
BuzzMachine, Press Gazette, @nicnewman, @charliebeckett, @risj_oxford, HoldtheFrontPage and Fast Company

Netflix defeats a shareholder lawsuit over accusations of hiding the impact of account sharing; Netflix lost ~50% of its value in 2022 after growth warnings — Netflix (NFLX.O) has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company …
Discussion:
Broadband TV News and The Hollywood Reporter

OpenAI responds to The New York Times' lawsuit: training is fair use and there is an opt-out, “regurgitation” is a rare bug, and NYT “manipulated” its models — We support journalism, partner with news organizations, and believe The New York Times lawsuit is without merit.
Discussion:
Press Gazette, The Guardian, MediaNama, CMU, The Hill, @andrewyng, Jason Wong on LinkedIn, New York Times, @tomwarren, @isaiahporitz, @jeremymbarr, @verge, @giordanorogers, @minimaxir, @saurabhsachan, @ndiakopoulos, @froomkin, @jamesrbuk, @carnage4life, @quasarfortress, @nomadsvagabonds, @themacrosift, @selmarsmit, @drcolinwplewis, @obscure_jazz, @aimee_maree, @maxkannen, @acidflask, @rohanposts, @sai_prasanna, @nicky_bonez, @gdb, @garymarcus, @jacquesthibs, @techau, @altryne, Puck, The Information, The Register, @jeffjarvis@mastodon.social, @reporterzoe@threads.net, @thatadamguy@threads.net, Thurrott, CNBC, Futurism, Financial Times, The Verge, Bloomberg, The Hollywood Reporter, @karlauerbach@sfba.social, TechCrunch, CNN, @martin@openedtech.social, @fifilamoura@eldritch.cafe, @willoremus@mastodon.social and Stratechery, more at Techmeme »

An analysis of 23 leading paywalled publishers: the price of a digital news subscription rose by 20% on average in the UK in 2023; Bloomberg's grew by 50% — How annual digital subscription prices at the biggest news titles compare to one year ago. — The price of a digital news subscription …
Discussion:
@baekdal, Media Voices and Press Gazette