Top News:
Bloomberg:
Sources: OpenAI is meeting with Hollywood studios, media executives, and others to form partnerships to encourage filmmakers to integrate Sora into their work — - Startup pitching its new AI video generation tool, Sora — CEO Altman attended LA parties during Oscars weekend
Discussion:
The Wrap, more at Techmeme »
Dan Primack / Axios:
Donald Trump's Truth Social is going public via a SPAC merger after DWAC shareholders approved the move; TMTG will be listed on the Nasdaq as early as next week — - As Axios reported earlier today, this ends a multiyear saga that's included civil lawsuits, criminal lawsuits, closing extensions and vote postponements.
Brent Lang / Variety:
Imax partners with NBC to air live coverage of the Paris Olympics Opening Ceremony at US Imax locations on July 26 — The television network, which broadcasts the games, will air its live coverage of the 2024 Paris Olympics Opening Ceremony across Imax locations nationwide on Friday, July 26.
Discussion:
Media Play News, Deadline, CNBC, NBC Sports Pressbox and The Hollywood Reporter
The Associated Press:
The AP and Texas Tribune enter a content sharing agreement; AP will distribute Tribune reporting on Texas and Tribune will get access to AP immigration coverage — The Associated Press and The Texas Tribune today announced a content sharing agreement, in which both organizations will benefit from each other's journalism.
Discussion:
@fbajak
Max Goldbart / Deadline:
The UK government sets a panel to assess the BBC's current licensing model, examine alternate funding options, and find ways to grow commercial income — Former ITV and Channel 5 bosses will examine the future funding model of the BBC. — The UK government has just set out the panel …
Discussion:
Advanced Television
Wall Street Journal:
Sources: Martin Sorrell's ad company S4 rejected merger offers from Stagwell, including one worth $700M in fall 2023; S4's stock price fell 75% in the last year — Madison Avenue titan Martin Sorrell has rebuffed merger offers for S4 Capital, the firm he founded after exiting WPP
Discussion:
@davidorr_31
Janko Roettgers / Lowpass:
A look at Redbox's decline, as it faces several lawsuits after it stopped paying many bills around the time it sold to Chicken Soup for the Soul Entertainment — Chicken Soup in the hole … “We still exist. Thanks for asking.” … These days, however, the word “still” is doing a lot of work.
Buster Benson / The Medium Blog:
Medium promises to revoke Partner Program enrollment from writers who publish spam, AI-generated stories, even with disclosure, and other low-quality content — Protecting Medium's mission and authentic writers means doing more to protect quality — We know you've seen it: spammy comments that say nothing of value.
Discussion:
@ruialves_rnh, @icesheetmike.bsky.social, @ltm and @burkr_
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.
David Ingram / NBC News:
Changing its policy, X bans posting the real names of people behind anonymous accounts, after suspending 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.
Discussion:
@leftcoastist, @network_synth, @tomcoates, @msymchuk, @evan_r_mclaren, @tweetbynatasha, @romanvalentinus, @pavldozer, @shnozzmoana, @raderje, @rontech777, @safety, @gschifanelli, @beneluxtesla, @pan_dejo_, @aridrennen, @hawksgirl80, @stealthmedical1, @ellamae_content, @ttecclesbrown, @eyesontheright, @tomodell, @againstgrmrs, @martinimaas, @sikataraeda, @drmistercody, @taliaotg, @blakmaclives, @ernie@writing.exchange, @apocalypticanow.bsky.social, @esqueer_@threads.net, Advocate, X and @AnarchoNinaAnalyzes …, more at Techmeme »
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.
Discussion:
@fgiroldini, @mariadoulis, @joegalarn, @chriskuo17, @tonyromm, Variety, Simon Pulman on LinkedIn and Axel W. Caballero on LinkedIn
Jon Lafayette / Next TV:
The FCC fines Nexstar and Mission Broadcasting $1.8M+, alleging violation of US ownership rules in operating New York TV station WPIX; Nexstar plans to appeal — Regulator rules that Nexstar committed ‘willful and repeated’ violations of ownership rules, also fines Mission Broadcasting $612,395
Discussion:
Nexstar Media Group, Inc., Variety, FCC, Deadline, The Wrap, The Desk, Radio & Television … and Cord Cutters News
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