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5:45 AM ET, February 6, 2024

Mediagazer

 Top News: 
Daniel Thomas / Financial Times:
UK-based Reach strikes a deal with Amazon for “contextual” first-party data to target online ads, as the media industry adapts to the end of third-party cookies  —  Media sector scrambles to deal with fallout from phase out of cross-website trackers
Financial Times:
Microsoft strikes an AI deal with Semafor for a breaking news feed called Signals; Ben Smith says it will be written by journalists, using AI as a research tool  —  Collaboration comes as tech giant faces multibillion-dollar lawsuit from the New York Times Microsoft is working with media start …
RELATED:
Noreen Gillespie / Microsoft On the Issues:
Microsoft announces AI partnerships with the Craig Newmark School of Journalism, the Online News Association, the GroundTruth Project, and Nota
Nitish Pahwa / Slate:
A look at the decline of Quora, which used to stand out as an accuracy-focused, knowledge-centric platform but is now filled with bizarre, AI-generated entries  —  The site used to be a thriving community that worked to answer our most specific questions.  But users are fleeing.
Bron Maher / Press Gazette:
Politico reshuffles its six-strong London Playbook newsletters team ahead of an expected UK general election; Politico's UK staff has grown 3x since Dec. 2022  —  Politico has more than tripled its London staffing since December 2022.  —  Politico has reshuffled the six-strong team writing …
Discussion: @charlesarthur and @pressgazette
Amy Or / Bloomberg:
Sources: Reddit had over $800M in revenue in 2023, up 20%+ YoY, and was not profitable for the full year; a source says Reddit was profitable in Q4  —  - Social site posted over $800 million revenue last year  — Reddit may reveal public IPO filing as soon as this month
Selome Hailu / Variety:
Nielsen: the 66th annual Grammys hit an average 16.9M viewers, up 34% YoY, across CBS, Paramount+, CBS.com, and the CBS app; Paramount+ streams were up 173% YoY  —  The 66th annual Grammy Awards took a fast car towards ratings success on Sunday, bringing in an average 16.9 million viewers …
Jonathan Stempel / Reuters:
A US judge finds WBD didn't overstate HBO Max streaming subscriber numbers prior to its 2022 merger and dismisses a proposed class action lawsuit from investors  —  Warner Bros Discovery (WBD.O) on Monday won the dismissal of a proposed class action led by Ohio Attorney General Dave Yost …
Will Fischer / Nieman Lab:
Q&A with Javonte Anderson, editor of Capital B Gary, a Black-focused nonprofit news outlet, on working with locals, shaping coverage via user surveys, and more  —  “We want to meet the people where they're at, whether that's churches, neighborhood block clubs, salons, or barber shops.”
Max Tani / Semafor:
How Condé Nast bought and destroyed Pitchfork by absorbing its creative teams and trying to fit it into the audience-driven terms of programmatic ad sales  —  The News  —  In 2015, Condé Nast was nearing a deal to buy the music site Pitchfork, its first major editorial acquisition in years.
 
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 More News: 
Lachlan Cartwright / The Hollywood Reporter:
Memo: CNN revamps its morning schedule, moving up News Central to 7am ET; This Morning moves to Atlanta, Phil Mattingly and Poppy Harlow will move to new roles
Georg Szalai / The Hollywood Reporter:
Freely, a free UK streaming service backed by the BBC, ITV, Channel 4, and Channel 5 that will deliver live TV over broadband, plans to launch in Q2 2024
Discussion: Variety
Lucas Shaw / Bloomberg:
A look at UMG's TikTok retreat, stemming from issues like low payouts and a lack of assurances on fighting deepfakes, and TikTok's role in the music industry
Financial Times:
A look at the potential deal between Skydance and Shari Redstone's National Amusements, as a tough media industry landscape forces Redstone to consider offers
 Earlier Picks: 
Chris McGreal / The Guardian:
Sources describe internal discontent about CNN's Gaza coverage and complaints about editorial policies preferring Israeli claims over Palestinian perspectives
Rebecca Jennings / Vox:
How the creator economy is forcing writers and artists to build personal brands and become influencers, making many artists uncomfortable and feel like sellouts
Danny Crichton / Securities:
TechCrunch+'s founding editor about its launch to complement TechCrunch's ads and events revenue and its failure due to issues with finding business reporters
Brian Steinberg / Variety:
CBS News confirms that President Biden will not do a pre-game Super Bowl interview with CBS, the second year in a row that he has turned down the opportunity
 

 
From Techmeme:

Sam Altman / @sama:
Sam Altman says he is embarrassed that there was a provision about potential equity cancellation in exit docs, and OpenAI never took back anyone's vested equity

Steven Levy / Wired:
Despite some skeptics claiming that AI is an industry-wide delusion, last week's demos from OpenAI and Google show that the rate of AI progress is not slowing

Ben Cohen / Wall Street Journal:
A profile of Shoichiro Irimajiri, one of Japan's most admired business leaders who, as a Sega executive, saved Nvidia in the 1990s with a $5M investment
 
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