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1:00 PM ET, February 22, 2024

Mediagazer

 Top News: 
Sara Fischer / Axios:
BuzzFeed sells Complex, acquired for $300M in 2021, to livestream shopping platform Ntwrk for $108.6M; BuzzFeed plans to lay off 16% of its workforce  —  - The Wall Street Journal reported that BuzzFeed is also looking to possibly sell its social media food brand Tasty.
Dr Richard Fletcher / Reuters Institute for the Study of Journalism:
Analysis: at 2023's end, 48% of the top news websites in the US, the UK, and eight others had blocked OpenAI's crawler and 24% had blocked Google's AI crawler  —  In this factsheet we describe the proportion of top news websites in ten countries that block AI (artificial intelligence) crawlers.
Corbin Bolies / The Daily Beast:
Newsmax joins the New York Post's editorial board and other right-leaning outlets criticizing a pair of Florida bills making it easier to sue for defamation  —  The cable channel joins a growing list of right-wing outlets bashing Florida GOP legislation that takes square aim at the news media.
RELATED:
Mark Stenberg / Adweek:
Sources: Amazon plans to shut its FAST service Freevee in the coming weeks, as part of a broader effort to focus its ad and product efforts on Prime Video
Michael McCarthy / Front Office Sports:
Sources: Amazon paid $120M for exclusive rights to show a 2025 NFL playoff game on Prime Video; NBCU paid $110M for a January 2024 NFL playoff game on Peacock  —  Out of the Big Four tech giants, Amazon is the most ambitious about invading live sports.  The giant streamer is opening …
Sheila Dang / Reuters:
Google plans to integrate Gemini into its Performance Max ad placement tool, helping brands generate longer headlines, after adding Gemini to Google Workspace  —  Alphabet's (GOOGL.O) Google said on Thursday it will integrate its Gemini artificial intelligence models into an existing product for advertisers …
Max Tani / @maxwelltani:
[Thread] Engadget announces layoffs and a restructuring that separates news and features from reviews and buying advice  —  Memo that went out to staffers at Engadget announcing layoffs today [image]
Discussion: @maxwelltani
Ivan Mehta / TechCrunch:
Instagram debuts its marketplace tool to connect brands and creators for partnerships or ads in Canada, Australia, New Zealand, the UK, Japan, India, and Brazil  —  Instagram said today that it is expanding its marketplace tool to connect brands with creators for paid partnerships or ads in eight new countries.
Sara Fischer / Axios:
Substack says 3M+ customers subscribe to paid newsletters on its platform, up from 2M in February 2023, and credits its recommendations feature for the growth  —  - The company said it plans to expand the recommendations feature, which helps writers promote other newsletters in its network …
more at Techmeme »
Reuters:
Sources: Reddit has inked a deal with Google to make its content available for training the search giant's AI models; source: the contract is worth ~$60M a year  —  Social media platform Reddit has struck a deal with Google (GOOGL.O) to make its content available for training …
Charlotte Tobitt / Press Gazette:
A look at German tabloid Bild, whose paid tier, Bildplus, has 707K digital subscribers and has grown subscribers by buying rights to boxing matches not on TV  —  Bundles and sports livestreams help, but journalism drives most subscriptions for Bild.  —  The head of the digital subscriptions strategy …
Miranda Bryant / The Guardian:
In a Danish court, prosecutors allege a man fraudulently made ~£502K in royalties from music streamers and breached copyright law  —  Aarhus court hears he may have profited from artificially generated playbacks, in case thought to be first of its kind
Stanley Widianto / Reuters:
Meta says “we understand Meta will not be required to pay for news content that publishers voluntarily post to our platforms” in Indonesia under a new law  —  Facebook parent Meta Platforms (META.O) on Thursday said it believes that a new Indonesia law does not require …
 
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 More News: 
Lachlan Cartwright / The Hollywood Reporter:
A look at Dana Walden's reorganization of ABC News, which is an effort to stabilize the unit and showcase her mettle as a top decision-maker at Disney
Meg James / Los Angeles Times:
The first trial in the death of a cinematographer on the set of Rust begins; weapons handler Hannah Gutierrez pleads not guilty to involuntary manslaughter
 Earlier Picks: 
Todd Spangler / Variety:
Apple debuts Apple Sports, a free app offering scores and stats for the NBA, NHL, Premier League, and more, in the US, Canada, and the UK, on iOS 17.2 or later
 

 
From Techmeme:

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

Wall Street Journal:
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out

Wall Street Journal:
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation
 
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