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Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder — Sony Group (6758.T) said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa (9468.T) …
Discussion:
Comic Book, @ssstylishhuntr, @cattheplayed11, @jawmuncher, The Verge, Agence France-Presse, @madcap412, Eurogamer.net, Newsweek, @_nixne, @playstationsize, @naijeru03, Sony Group Portal, Gematsu, @gibbogame, Wccftech, @crylowe_, @hoeglaw, @stealth40k.bsky.social, Benzinga, r/Games, r/GamingLeaksAndRumours and r/PHGamers, more at Techmeme »
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As part of Sony's Kadokawa investment, the companies plan to adapt Kadokawa's IP into live-action films and TV dramas globally, co-produce anime works, and more — PlayStation firm will up existing stake to 10% for $318 million — News by James Batchelor Editor-in-chief
Discussion:
Screen Rant, Windows Central and @kujikawaii.bsky.social

Semafor plans to launch an invite-only newsletter for CEOs, The CEO Signal, in January 2025, written by former FT US News Editor Andrew Edgecliffe-Johnson — Numerous media outlets, looking for new lucrative lines of business, are pursuing newsletters and events aimed specifically at top executives.
Discussion:
@semaforben, @mediaevan, Semafor, @semafor, @semafor, @dcnorg and @katie_robertson

Neil Cavuto is leaving Fox News after 28 years at the network; source: Fox offered him a new deal that he declined to accept and ultimately decided to leave — Neil Cavuto is leaving Fox News after 28 years at the network and will bid viewers farewell at the end of Your World Thursday afternoon, Mediaite has learned.

Ankler hires Alison Brower as its executive editor; Brower was Los Angeles bureau chief at Business Insider before leaving in February — Ankler, which covers the entertainment industry, has hired Alison Brower as its executive editor. — Brower was Los Angeles bureau chief at Business Insider before leaving in February.

Reporters Without Borders urges Apple to scrap Apple Intelligence's notification summaries after a BBC complaint said the feature created a misleading headline — A major journalism body has urged Apple to scrap its new generative AI feature after it created a misleading headline about a high-profile killing in the United States.
Discussion:
BGR, MacRumors, Reporters Without Borders and 9to5Mac

Sources: CoinDesk owner Bullish removed an article on Tron founder Justin Sun after complaints from his team; editorial chair Matt Murray resigned on Dec. 16 — In late November, the leading crypto trade publication CoinDesk published a story about the latest antic by one of the industry's more outlandish figures.
Discussion:
@leomschwartz, @jeffjohnroberts, @leomschwartz, @bft.wtf, Talking Biz News and @bft.wtf

A look at the quickly disappearing web, as digital decay and link rot erase all kinds of media; a Pew study says 38% of webpages accessible in 2013 are now gone — The internet is forever. But also, it isn't. What happens to our culture when websites start to vanish at random?

A coalition of newspapers, writers, movie producers, and others rejects UK's plans to create a copyright exemption for AI companies to train their models — Exclusive: Coalition of musicians, photographers and newspapers insist existing copyright laws must be respected
Discussion:
New Scientist, @tomkiehl, @ednewtonrex, @dominicyoung, @the_ipo, @ednewtonrex, @profbillmcguire and InPublishing, more at Techmeme »

A look at TuneIn: top executive departures and mass layoffs since 2020, the service hasn't updated its podcast database since February 2024, and more — In December 2009, I visited Bill Moore, in an industrial estate north of Dallas TX. Bill was the founder of TuneIn - known at the time as RadioTime …
Discussion:
@james.crid.land

A look at NBCUniversal's push to increase revenue through live events and other “experiential” products tied to its famous shows and anchors like Wille Geist — Geist has interviewed 539 different celebrities and newsmakers during his tenure as Sunday host, and, on January 22 …
Discussion:
@dannygroner.bsky.social, @likesherlock17.bsky.social and @bristei

Adam Mosseri teases an AI editing tool in Instagram powered by Meta's Movie Gen AI model to change outfits, backgrounds, and more in videos with a text prompt — Instagram is planning to introduce a generative AI editing feature next year that will allow users to “change nearly any aspect of your videos.”
Discussion:
Adam Mosseri on Instagram, @zuck@threads.net and Politico, more at Techmeme »