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1:50 PM ET, May 21, 2025

Mediagazer

 Top News: 
Kyle Wiggers / TechCrunch:
Google tests bringing ads to AI Mode, both below responses as well as “integrated into” them, and expands ads in AI Overviews to desktop in the US  —  Google on Wednesday detailed its plans to bring ads to AI Mode, the company's AI-powered experience in Google Search.
RELATED:
Andrew Romero / 9to5Google:
AI videos from Google's Veo 3, which features synchronized audio as well as crisper, more detailed video, are both impressive and terrifying  —  If the internet wasn't already full of misinformation and general filler content, Veo 3 is going to take it to an entirely new level.
CNBC:
Google announces new video and image generation models Veo 3 and Imagen 4, alongside a new AI filmmaking tool Flow and expanded access to Lyria 2  —  Google on Tuesday announced Veo 3, an AI video generator that can also create and incorporate audio.  —  The artificial intelligence tool competes …
Jake Kanter / Deadline:
Channel 4 unveils its Creative Investment Fund to invest in production companies as part a move to in-house production; the UK broadcaster has £111M in cash  —  Channel 4 is planning to take majority stakes in third-party production companies as part of its plan to move into in-house production.
The Wrap:
Atlas sues Comscore for allegedly leveraging its monopoly on box office data to “suppress competition” and forcing Atlas to shut down its CinemaCloudWorks app  —  Atlas claims the measurement company forced it to shutter its CinemaCloudWorks software app and restricted access to essential data
Discussion: TVNewsCheck
Theodore Schleifer / New York Times:
A look at some of the projects looking to raise money from Democratic megadonors as party strategists try to “find the next Joe Rogan”  —  At private gatherings, strategists and donors are swapping ideas to help the party capture the digital mojo that helped President Trump win.
Brooks Barnes / New York Times:
How animation startup Toonstar uses its AI tools to make animated content up to 90% cheaper than traditional methods; its YouTube series has 30M weekly viewers  —  A.I. has yet to upend Hollywood.  But it is starting to make big inroads in animation.  —  The founders of Toonstar …
 
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 More News: 
Dade Hayes / Deadline:
DirecTV and Tribeca Festival partner to launch a streaming hub for films, festival talks, and behind-the-scenes content as one of DirecTV's FAST channels
Discussion: The Desk and TV Tech
Ben Strauss / Washington Post:
A profile of Tony Reali as Around the Horn, the ESPN show that he hosts and which showcases sportswriters, draws to an end on May 23
Bill Adair / Nieman Lab:
Q&A with Richard Gingras, Google's longtime global VP for news who announced his retirement last week, on the news industry's decline, AI, local news, and more
 Earlier Picks: 
Julian Wyllie / Current:
PBS furloughs 25% of PBS Kids staff after the Department of Education canceled the Ready to Learn grant at the start of May 2025
Discussion: New Jersey Online
Dan Kennedy / Media Nation:
The Chicago Sun-Times and the Philadelphia Inquirer ran a supplement featuring an AI-generated guide to summer books that do not exist
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors

Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory

 
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