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10:05 PM ET, March 21, 2024

Mediagazer

 Top News: 
Bloomberg:
Reddit closes up 48%, at $50.44 per share, in its New York Stock Exchange debut, valuing the company at about $9.5B on a fully diluted basis  —  - Social media company, holders raised $748 Million in IPO … The San Francisco-based company's stock closed at $50.44 each on Thursday in New York …
New York Times:
A survey finds US states have distributed over $25B to film incentive programs since 2002, but independent experts find the programs are break-even at best  —  Dozens of states have lured film and TV production with financial incentives.  Years after gutting its program during a budget crisis, Michigan wants to rejoin the arms race.
David Ingram / NBC News:
Changing policy, X bans the posting of real names of people behind anonymous accounts, after it suspended accounts that unmasked a suspected neo-Nazi cartoonist  —  Some X users said the move was another example of Musk going out of his way to defend neo-Nazis, antisemites and white supremacists.
Aftermath:
Kotaku EIC Jen Glennon, who joined in October 2023, resigns, citing in a letter the management team's recent decision to deprioritize news in favor of guides  —  Jen Glennon, who took over as editor in chief of Kotaku in October, resigned Thursday.  In a resignation letter seen by Aftermath …
Kanishka Singh / Reuters:
Tennessee passes the Ensuring Likeness Voice and Image Security (ELVIS) Act, aiming to protect musicians and other artists from unauthorized use involving AI  —  Tennessee Governor Bill Lee signed a bill into law on Thursday that aimed to protect artists including musicians from unauthorized use by artificial intelligence.
Neel Dhanesha / Nieman Lab:
Julia Angwin says Proof News aims to use “the scientific method” for investigative journalism, and expand beyond tech to cover corporate accountability, more  —  The cofounder of The Markup wants to expand beyond tech with her new publication.  —  At the end of February …
Discussion: @sarahscire and @juliaangwin
Ashley Carman / Bloomberg:
Spotify's TikTok-like redesign reveals the follower numbers for top podcasters: The Joe Rogan Experience has 14.5M, followed by TED Talks Daily with 5M  —  A new TikTok-like redesign from the streaming giant unveils actual audience data for top podcasters  —  Welcome back to Soundbite.
Brian Steinberg / Variety:
How companies like iSpot and VideoAmp are trying to challenge Nielsen's ratings dominance, as the industry grapples with changing audience measurement protocols  —  The day after the Super Bowl typically brings with it another kind of celebration: Nielsen's annual announcement of the size of the audience for the NFL extravaganza.
Discussion: Ad Age
Karissa Bell / Engadget:
The Mozilla Foundation and 90+ research and advocacy groups urge Meta to support CrowdTangle through January 2025 to track election misinformation globally  —  The letter, also signed by CrowdTangle's former CEO, claims shutting it down is a “direct threat” to researchers' work
Molly Bohannon / Forbes:
A super PAC backing Ted Cruz got ~$215K from iHeartMedia, earned from selling ads for Cruz's podcast; Cruz had likened his show to cable news appearances  —  A super PAC affiliated with Sen. Ted Cruz reported receiving $215,000 in “digital revenue” from iHeartMedia on Wednesday …
Brian Steinberg / Variety:
How advertisers are trying to tie their ads to business outcomes, like a purchase, instead of ratings: in November, Fox guaranteed Netflix social media activity  —  Nearly every commercial that runs on TV is backed by a guarantee of how big an audience will watch it.
 
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 More News: 
Etan Vlessing / The Hollywood Reporter:
Channel 4 says its internal investigation found “no evidence” to suggest its staff knew of sexual assault and misconduct allegations against Russell Brand
Adam Chitwood / The Wrap:
WBD plans to launch Max in Europe starting on May 21 in the Nordics, Iberia, and Central and Eastern Europe, in time for the Olympics, included in all plans
Jason Koebler / 404 Media:
Deadspin's new owner Lineup outlines plans to publish with support “via partnerships within the sports betting industry” and to keep all old Deadspin's content
Daniel Thomas / Financial Times:
Sources: the BBC plans to build its own AI models, and is holding talks with tech companies, including Amazon, about selling its content for AI training
 Earlier Picks: 
Andrew Deck / Nieman Lab:
How The Intercept, Alternet, and Raw Story are using the Digital Millennium Copyright Act in suits against OpenAI, possibly serving as a model for other sites
Zephyr Teachout / The Atlantic:
The TikTok divestment bill fits into a long and important US tradition of forbidding a hostile foreign power from controlling a major communication platform
Todd Spangler / Variety:
Deloitte study: US consumers pay an average of $61 per month for four video streaming services, up 27% YoY; 36% say available content is not worth the price
 

 
From Techmeme:

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

Dallin Grimm / Tom's Hardware:
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI

Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor
 
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