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8:20 AM ET, October 7, 2024

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 Top News: 
Wall Street Journal:
eMarketer expects Google's share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains  —  A flurry of new offerings for advertisers is hitting the market  —  Google's grip on the nearly $300 billion search advertising business is loosening.
Reuters:
Russia says VGTRK, which runs Russia's main national and regional TV channels, has been hit by an “unprecedented hacker attack”; radio and TV are still working  —  Russian state media company VGTRK has been targeted in an unprecedented cyberattack, Kremlin spokesman Dmitry Peskov said on Monday …
Discussion: @lukolejnik
Matthew Jordan / The Conversation:
As Congress tries to force carmakers to install AM radios as a matter of public interest, it should push licensed stations to abide by public interest standards  —  A lament about the demise of AM radio has been rising in the halls of Congress.  —  Several automakers, most notably Tesla and Ford …
Trip Gabriel / New York Times:
Former NYT investigative reporter David Burnham, whose work uncovering corruption in the NYPD during the 1970s inspired the movie Serpico, dies at the age of 91  —  Tipped off by the detective Frank Serpico, he wrote an explosive series on police corruption in New York City, sparking an investigation by the Knapp commission.
Naman Ramachandran / Variety:
Amazon India completes its MX Player acquisition and merges it with Amazon miniTV to create new free streaming service Amazon MX Player  —  STREAMING SYNERGIES … The merged platform has over 250 million unique users in India, according to Amazon.  —  The service offers original shows like …
Ben Cohen / Wall Street Journal:
A look at Google NotebookLM's Audio Overview feature, which was built by Google Labs and has gone viral for its AI-generated “deep dive” podcasts with two hosts  —  With this Google tool, you can now listen to a show about any topic you could possibly imagine.  You won't believe your ears.
Victoria Gomelsky / New York Times:
Watches of Switzerland Group, one of the world's largest watch retailers, buys watch enthusiast website Hodinkee and says its coverage will remain independent  —  Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.
Kurt Wagner / Bloomberg:
Meta unveils Movie Gen, which creates up to 16-second videos from a text prompt, available to some staff and partners; Meta plans to add it to its apps in 2025  —  Movie Gen tool can create short videos from a text prompt  —  Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool …
 
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 More News: 
Georg Szalai / The Hollywood Reporter:
An interview with ex-NBCUniversal executive Evan Shapiro on why streaming is a “shitty” business, Netflix ads, and why Hollywood must band together to thrive
Discussion: @tvgrimreaper
Emma Roth / The Verge:
Matt Mullenweg says WordPress.org “belongs to me personally”, as his WP Engine feud blurs the lines between WordPress.org, WordPress Foundation, and Automattic
Ashley Belanger / Ars Technica:
YouTube says it fixed an issue that appeared to affect thousands of accounts, incorrectly flagging channels as spam, removing them, and disabling subscriptions
Karen Raugust / Publishers Weekly:
Penguin renews its master publishing deal with BBC Studios for Bluey books; the books have sold 20M+ copies in 22 languages worldwide, including 8.5M in the US
Discussion: WORLD SCREEN
Dan Rys / Billboard:
Warner Music Group and Meta strike a multiyear licensing deal across all Meta platforms, including WhatsApp for the first time
 Earlier Picks: 
Natasha Lomas / TechCrunch:
CJEU rules that social networks, such as Facebook, cannot keep using people's data for ad targeting indefinitely, siding with privacy campaigner Max Schrems