Mediagazer: Meta plans to start automatically restricting teen Instagram and Facebook accounts from harmful content, including posts about self-harm, in the coming weeks (Julie Jargon/Wall Street Journal)

2:05 PM ET, January 9, 2024

Top News:

Thomas Germain / Gizmodo:

X suspended several podcasters and journalists, including The Intercept's Ken Klippenstein and Texas Observer's Steven Monacelli, with little to no explanation — Elon Musk's “free speech” social media platform banned a number of accounts recently critical of Israel.

Kashish Tandon / Reuters:

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, Advanced Television and Bloomberg

Bloomberg:

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

Julie Jargon / Wall Street Journal:

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, Reuters, CNN, TechCrunch, @andymstone, Ricardo Dalmaso Marques on LinkedIn, The Verge, The Hill, NPR and 9to5Mac, more at Techmeme »

Sara Fischer / Axios:

On Wednesday, CNBC plans to launch a $99 paid course on job interviewing, its first, part of a new educational venture developed by its “Make It” franchise — CNBC on Wednesday will debut its first paid course as part of a new educational venture developed by the editorial team behind CNBC's …

Discussion: Talking Biz News

Meg James / Los Angeles Times:

In a memo to staff, Los Angeles Times Executive Editor Kevin Merida announces he is stepping down on January 12, two-and-a-half years after joining the newsroom — Los Angeles Times Executive Editor Kevin Merida announced Tuesday that he was stepping down — he Times as its newsroom leader …

Discussion: @benmullin, The Wrap, New York Times, Deadline, @raineytime, The Hollywood Reporter, @maxwelltani and @megjameslat

Sara Fischer / Axios:

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: The Wrap, Variety, TechCrunch, CoinDesk, TVNewsCheck and @bgrueskin

Nic Newman / Reuters Institute:

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, @risj_oxford, Press Gazette, @nicnewman, @charliebeckett, HoldtheFrontPage and Fast Company

Alex Weprin / The Hollywood Reporter:

X announces exclusive original programming and content deals, including shows hosted by Don Lemon, former Fox Sports host Jim Rome, and Tulsi Gabbard — The tech company also announced a 10-show deal with Range Media Partners, and a deal with Tulsi Gabbard.

Etan Vlessing / Hollywood Reporter:

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

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

Discussion: Rolling Stone UK, Forbes, Rolling Stone, Billboard, ScreenRant, Digital Music News and The Hollywood Reporter

Mia Sato / The Verge:

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

Discussion: @miarsato, @ct_bergstrom@fediscience.org, @scott@typetura.social, @katienotopoulos@threads.net and @reckless1280@threads.net, more at Techmeme »

Radio & Television Business Report:

iHeartMedia partners with supply-side platform Magnite to offer advertisers a single entry point for audio ads on its radio, streaming, and podcast platforms — It's something championed and pioneered on the TV side of the linear media business by NBCUniversal.

Discussion: Inside Radio and Magnite

Jody Godoy / Reuters:

Netflix defeats a shareholder lawsuit claiming the company hid the impact of account sharing; NFLX fell ~50% from January to April 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, more at Techmeme »

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The Guardian:
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Steve Pond / The Wrap:
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Casey Newton / Platformer:
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Jon Lafayette / Next TV:
Roxi, a voice-activated video music service backed by Simon Cowell and others, plans to expand from UK to the US in Q1 on most streaming devices and smart TVs

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Mia Sato / The Verge:
YouTube updates its cyberbullying policy to ban AI-generated content that “realistically simulates” deceased children or victims of crimes or deadly events

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From Techmeme:

Elisabeth Buchwald / CNN:
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Will Canny / CoinDesk:
Ripple agrees to acquire prime brokerage Hidden Road for $1.25B; Hidden Road plans to use Ripple's RLUSD stablecoin as collateral across its platform

The Information:
Source: Instagram is working on an iPad app, and Adam Mosseri told staff to be willing to assume more “risk” to take advantage of a TikTok US ban or disruption

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