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CEOs at Nexstar, Sinclair, and Tegna, plus some analysts, say they expect deregulation and consolidation in the broadcast TV industry under Trump's FCC — Flush with political ad dollars and anticipating a deal-friendly environment, moguls are eyeing big moves to roll up lucrative local broadcasters.
Discussion:
@mediaevan and @WarnerCrocker@mastodon.social


Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January 2025, to let Premium users view podcast videos without ads — Audio-streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads
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Spotify projects its first full year of profitability ever in 2024; CEO Daniel Ek says profitability is the new normal for Spotify — - “We believe we are in a new reality where we are a profitable company. … - CFO Christian Luiga said, “We see positive cash flow going forward and growing.”
Discussion:
Digiday, The Hollywood Reporter, Investor's Business Daily, @sarafischer, CMU, Digital Music News, MEDIANAMA, Fortune and Music Ally


Don Lemon, who sued Elon Musk and X after a deal fell apart, says he's leaving X on November 15, citing X's new ToS that moves legal disputes to Texas courts — Don Lemon, a one-time business partner of Elon Musk who's now suing the tech mogul, is done with X.


German royalty licensing group GEMA sues OpenAI and subsidiary OpenAI Ireland in Munich Regional Court, claiming ChatGPT violates copyrights of lyrics — OpenAI, the $157 billion-valued US-based AI giant behind ChatGPT, has been sued by German collection society and licensing body GEMA.
Discussion:
gema.de, ai fray, Digital Music News, Jeff Rabhan on LinkedIn, The Decoder, CMU, @konkrit@mastodon.social, Billboard and Music Ally


Amazon Prime Video will offer Diamond Sports Group's 16 regional sports networks, newly branded as FanDuel Sports Network, as add-on subscriptions — Diamond Sports reached a deal with Amazon's Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform.


The Guardian says it will no longer post on “any official Guardian editorial accounts” on “toxic media platform” X; reporters will still use X to gather news — Platform's coverage of US election crystallised longstanding concerns about its content, says Guardian
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A look at a legal case by record labels Universal, Warner, and Sony against an ISP for piracy by the ISP's users, as the labels seek bigger payouts for damages — The big three record labels notched another court victory against a broadband provider last month, but the music publishing firms …


Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more — Spotify's Gustav Söderström talks about AI music, Notebook LM podcasts, and the nuance of building better discovery using LLMs.


The Louisiana House of Representatives voted to end the state's $150M film and TV production tax incentive; the bill still needs the Senate and governor's OK — The Louisiana House of Representatives voted Tuesday to eliminate the state's $150 million tax incentive for film and TV production …
Discussion:
Variety, @iwtv_updates, @realmaryagnes.bsky.social, IndieWire, The Wrap, Louisiana Illuminator, Associated Press and Deadline


Sources: Instagram's ad unit plans to launch ads on Threads in early 2025; Meta's public statements imply that any Threads ad rollout in 2025 will be slow — Meta Platforms plans to introduce advertisements to its text app, Threads, early next year, hoping to cash in on the app's rapid growth …
Discussion:
The Verge, AdExchanger, The Wrap, Engadget, 9to5Mac, Reuters and @itsdgc.bsky.social, more at Techmeme »


The WSJ's Washington bureau chief during Evan Gershkovich's arrest in Russia discusses the newspaper's “be loud” strategy that helped free the reporter — What newsrooms need to know, from an insider who helped lead the effort. — Midway through dinner on March 29, 2023 …
Discussion:
@mccarrennews, @thrasherxy, @paulwsj, @bryfitz, Jason Rezaian on LinkedIn and Talking Biz News