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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) …
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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, @dcnorg, Semafor 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.
Discussion:
Los Angeles Times, New York Post, HuffPost, TVLine, The Hill, The Wrap, Daily Mail, The Hollywood Reporter, @mattklewis, @janicedean, The US Sun, Le·gal In·sur·rec·tion, The Independent, @markpmeredith, @howardkurtz, @meghanmccain, @brianstelter, @brianstelter, Deadline and Barrett Media

Canal+ shares sink 15%+ as UBS says the stock is fairly valued after its London listing on December 16; CAN is down 32%+ since its listing — The stock dropped as much as 19% to 191.10 pence as UBS analysts including Ben Shelley started coverage with a neutral rating and a 240 pence price target.

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.
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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.
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@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 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

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
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New Scientist, @tomkiehl, @ednewtonrex, @dominicyoung, @the_ipo, @ednewtonrex, @profbillmcguire and InPublishing, more at Techmeme »