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2:30 PM ET, February 12, 2024

Mediagazer

 Top News: 
Daniel Thomas / Financial Times:
How generative AI is transforming the advertising industry; WPP and Publicis plan to spend hundreds of millions of dollars to embed AI in their businesses  —  At the start of the year, every single one of the roughly 100,000 people working for advertising giant Publicis received a video message …
Sarah Perez / TechCrunch:
Meta begins testing “top topics” in the US, which will be shown on the Search page and in the For You feed and can feature political content  —  After acknowledging last week that Meta's X competitor Threads would not actively recommend political content, the company today announced …
Felix M. Simon / Columbia Journalism Review:
A report on the use of AI in news organizations, based on 170 interviews with employees at 35 publishers in the US, UK, and Germany and international experts  —  Executive Summary  —  Despite growing interest, the effects of AI on the news industry and our information environment — the public arena — remain poorly understood.
Washington Post:
Some news creators and journalists, who moved from X to Threads, criticize Meta for planning to stop recommending political content on Instagram and Threads  —  The platform announced it won't recommend “social commentary” or political news.  —  Meta announced on Friday …
Max Tani / Semafor:
Slate says 2023 was the most profitable year in its 27 year history, with revenue up 28% YoY through investments and growth in its podcasts and website  —  The Scoop  —  Amid a difficult year for news media last year, at least one legacy digital media company has quietly been moving the other direction.
Clara Aberneithie / Press Gazette:
An interview with The Times' Paul Morgan-Bentley on going undercover with British Gas debt collectors as part of an investigation into pre-payment energy meters  —  Getting something “badly wrong” is what keeps head of investigations Morgan-Bentley up at night.
Discussion: @pressgazette
Lauren Forristal / TechCrunch:
A look at STIRR, launched in 2019 by Sinclair with 100+ FAST channels and sold to Thinking Media in January 2024, as it plans an international expansion  —  Broadcasting company Sinclair recently sold off its free, ad-supported streaming TV (FAST) service STIRR to Thinking Media …
Discussion: Cord Cutters News
Daniel Thomas / Financial Times:
A look at the uncertain future of TalkTV as its star presenter Piers Morgan moves to YouTube, saying his daily show had become an “unnecessary straitjacket”  —  Outspoken presenter is moving his ‘Uncensored’ show from TalkTV to YouTube  —  Piers Morgan, the outspoken presenter …
Discussion: Mediaite, Variety and Broadband TV News
Committee to Protect Journalists:
Malaysia sentences British anti-corruption reporter Clare Rewcastle Brown to two years in prison in absentia for criminal defamation over her 1MDB reporting  —  The Committee to Protect Journalists calls on Malaysian authorities to reverse the decision to sentence British anti-corruption …
Discussion: BBC and Malay Mail
Lynn Neary / NPR:
Bob Edwards, the veteran broadcaster who hosted NPR's Morning Edition for 24 years, dies at 76  —  Bob Edwards, the veteran broadcaster and longtime host of Morning Edition who left an indelible mark on NPR's sound, has died.  He was 76 years old.  —  NPR's Susan Stamberg …
Bron Maher / Press Gazette:
Guardian forecasts a £39M deficit in FY 2023/24 as ad revenue was down 16%, or £9M, in the nine months to Dec. 31 and membership revenue was £3M behind budget  —  Digital reader revenue came in 4% below expectations.  —  Advertising revenue at Guardian News and Media was down £9m …
 
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 More News: 
Clare Malone / New Yorker:
A look at the state of news media, which faces an “extinction-level event” despite constantly reshaping itself in the first three decades of digital publishing
Sophie Culpepper / Nieman Lab:
How entrenched patterns of philanthropic funding leave behind small nonprofit newsrooms, an issue with which BIPOC-led outlets are all too familiar
Wall Street Journal:
Sources: Disney, Fox, and Warner Bros. Discovery are discussing a price that could approach $50 a month for their new, jointly owned sports streaming service
Reuters:
A court in Kyrgyzstan rules to dissolve Kloop, an NGO that ran a popular news website often critical of the government, following raids on several other outlets
Daniel Thomas / Financial Times:
Sources: incoming BBC chair Samir Shah is searching for a buyer for his production TV company Juniper to avoid a conflict of interest with his new role
 Earlier Picks: 
Erik Wemple / Washington Post:
Ex-Messenger staffers say Jimmy Finkelstein flustered them by meddling in daily operations, including an obsession that the homepage shouldn't be too anti-Trump
Kevin Lind / Columbia Journalism Review:
In a study, only 44 out of 2,529 Pennsylvania residents accepted a free online subscription to either the Pittsburgh Post-Gazette or the Philadelphia Inquirer
Pranav Dixit / Engadget:
Arc Search's Browse for Me feature, which creates custom webpages with search result summaries, faces a backlash over concerns about losing monetizable traffic
 

 
From Techmeme:

Financial Times:
xAI co-founder Jimmy Ba is leaving xAI, the sixth co-founder to depart; sources and social media posts: more than half a dozen researchers left in recent weeks

Hannah Erin Lang / Wall Street Journal:
Robinhood reports Q4 revenue up 27% YoY to $1.28B, below est., crypto revenue down 38% to $221M, below est., and net income down 34%; HOOD drops 5%+ after hours

Gideon Lewis-Kraus / New Yorker:
A profile of Anthropic and its key executives like Chris Olah, and a look at Project Vend, an internal “Claudius” experiment to run the office vending machine
 
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