Sources: Tom Ortenberg and Briarcliff Entertainment are pushing to acquire The Apprentice for US release, negotiating with Kinematics, backed by Dan Snyder (Brooks Barnes/New York Times)
Mediagazer: Sources: Tom Ortenberg and Briarcliff Entertainment are pushing to acquire The Apprentice for US release, negotiating with Kinematics, backed by Dan Snyder (Brooks Barnes/New York Times)
Top News:
Nieman Lab:
Tests show that ChatGPT is hallucinating URLs in some citations, directing users to broken links for at least 10 news publications with OpenAI licensing deals— Nieman Lab's tests show ChatGPT is directing users to broken URLs for at least 10 publications with OpenAI licensing deals.
Discussion: Engadget, @adamjohnsonchi, @researchbuzz@researchbuzz …, @jaredlholt, @decka227 and @christianschwaegerl …
Discussion:
Pranav Dixit /
Engadget: Please don't get your news from AI chatbots
Adam Johnson /
@adamjohnsonchi: We must PAUSE this tech imminently, it is mere months from becoming a god-like entity @researchbuzz@researchbuzz.masto.host: Well this is absolutely fucknuts — ‘In my testing, I repeatedly prompted ChatGPT to link out to these publications’ marquee articles, including Pulitzer Prize-winning stories and years-long investigations.... All together, my tests show that ChatGPT is currently unable to reliably link out to even these most noteworthy stories by partner publications.' …
Jared Holt /
@jaredlholt: For all the fears and talks of an “AI-powered future” around the tech industry, the crux of the issue here is that the tech sucks and is being forced out of production anyway, making it the consumer's problem
Andrew Deck /
@decka227: ChatGPT is hallucinating fake URLs for at least 10 publications that have OpenAI licensing deals. I tested the chatbot's ability to cite its news sources for @NiemanLab. It regularly generated broken links to even its partners' biggest investigations. https://www.niemanlab.org/...
Bloomberg:
Naver-owned Webtoon shares closed up 9.5% at $23 in the online comics company's Nasdaq debut, giving it a market value of ~$2.9B, after an IPO that raised $315M— - Online comics company's first-time share sale priced at top — Firm sees growth beyond Korea coming from Japan, France
Discussion:
Reuters, The Information, Crunchbase News, @nasdaqexchange, Forbes and Deadline, more at Techmeme »
Discussion:
Julia Hornstein /
The Information: Webtoon Jumps 9% in IPO
Joanna Glasner /
Crunchbase News: Webtoon Rises Modestly In IPO Debut @nasdaqexchange: 🌟170M monthly active users. 🚀$1.3B annual revenue. 🌎150+ countries. 🎨24M Creators. Millions of people have found their story on WEBTOON (@webtoonofficial)—and now we get to be a part of that story! #WEBTOON is #NasdaqListed, and we're thrilled to be their exchange partner! [video]
Rob Salkowitz /
Forbes: Post IPO, WEBTOON Executives Talk Future Plans And Market Trends
Jesse Whittock /
Deadline: Naver's Comic Platform Webtoon Entertainment Seeks To Raise $315M Through U.S. IPO
RELATED:
Financial Times:
Naver-owned online comics platform Webtoon raised $315M in its Nasdaq IPO at $21 per share, the top of its $18-$21 marketed range, valuing the company at $2.7B
Discussion:
BBC, Yahoo Finance, Publishing Perspectives, @lucas_shaw, @nasdaqexchange, WEBTOON, Fast Company, KED Global and Reuters
Discussion:
João da Silva /
BBC: Korean web comic giant set for $2.7bn market debut
Porter Anderson /
Publishing Perspectives: South Korea-Owned Webtoon Launches Its Nasdaq IPO
Lucas Shaw /
@lucas_shaw: A webtoon business is about to go public with a value of $3 billion. https://www.bloomberg.com/...
@nasdaqexchange:
🎉Welcome to the Nasdaq family, WEBTOON (@webtoonofficial)! 🎉 📚Now trading on @NasdaqExchange, $WBTN is a global storytelling platform that enables Creators and users to discover, create, and share stories. #NasdaqListed [video]
Michael Grothaus /
Fast Company: Webtoon IPO: Stock price will be closely watched today as comics platform debuts on Nasdaq
Seok-Cheol Choi /
KED Global: Naver's webtoon unit to raise $315 mn via Nasdaq IPO
Front Office Sports:
A Los Angeles jury sides against the NFL in a Sunday Ticket antitrust trial, saying the league owes $4.7B+ to subscribers and $96M to bars and restaurants— A jury in Los Angeles sided against the NFL on Thursday in the Sunday Ticket trial that could cost the league billions.
Discussion:
Associated Press, @meghanncuniff, Financial Times, Sports Media Watch, @loudmouthjulia, NBCSports.com, Next TV, CBS News, Cord Cutters News, @eriqgardner, Awful Announcing, USA Today, Los Angeles Times, Reuters, ESPN, Variety, Fox Business, New York Times, The Wrap, @eriqgardner, The Verge, The Desk, Sportico, The Hollywood Reporter, @meghanncuniff, Ad Age, @meghanncuniff, Media Play News, TVNewsCheck and Deadline
Discussion:
Meghann Cuniff /
@meghanncuniff: @NFL @DIRECTV Jury in the Sunday Ticket antitrust trial orders NFL to pay $96 million in damages to commercial class and $4 BILLION in damages to the residential class.
Sara Germano /
Financial Times: NFL hit with $4.7bn antitrust verdict over ‘Sunday Ticket’ game package
Julia Alexander /
@loudmouthjulia: Appeals will happen, but what a significant ruling. https://frontofficesports.com/ ...
Mike Florio /
NBCSports.com: NFL vows to “certainly contest” multi-billion-dollar verdict in Sunday Ticket case
Jon Lafayette /
Next TV: NFL Loses Sunday Ticket Case, Ordered To Pay $4.7 Billion CBS News: Jury in NFL “Sunday Ticket” case rules league violated antitrust laws, awards nearly $4.8 billion in damages
Eriq Gardner /
@eriqgardner: Wow! And good chance it gets tripled to $12 billion! https://frontofficesports.com/ ...
Sam Farmer /
Los Angeles Times: NFL ordered to pay billions in damages for ‘overcharged’ Sunday Ticket
Todd Spangler /
Variety: NFL Socked With $4.7 Billion-Plus Verdict in Sunday Ticket Case, League to Appeal Decision
Jacob Bryant /
The Wrap: NFL to Pay $4.7 Billion in ‘Sunday Ticket’ Antitrust Damages, LA Jury Rules
Eriq Gardner /
@eriqgardner: And as much as $12 billion is 👀, the more significant impact could be each NFL team becoming free to make their own streaming deals. Yes, there will be an appeal (calling Brett Kavanaugh), but this may be a real game-changer.
Richard Lawler /
The Verge: Sunday Ticket jury orders NFL to pay fans $4.7 billion in damages
Michael McCann /
Sportico: NFL Ordered to Pay $4.7 Billion in Sunday Ticket Trial Verdict
Meghann Cuniff /
@meghanncuniff: @NFL @DIRECTV “It's a great verdict for the consumers of America,” lead @SusmanGodfrey attorney Bill Carmody told reporters. Carmody said the jury upheld antitrust laws “despite the star power of the defendants.”
Meghann Cuniff /
@meghanncuniff: NFL Sunday Ticket is currently available through YouTube TV. Neither Google nor YouTube are defendants in this case, but plaintiffs' attorneys squarely implicated them in trial, telling jurors the price-fixing conspiracy continues to this day.
Erik Gruenwedel /
Media Play News: L.A. Jury Orders NFL Pay $4.7 Billion in ‘Sunday Ticket’ Class-Action Antitrust Lawsuit Damages
Wired:
Amazon is investigating Perplexity over whether the AI search startup is violating AWS rules by scraping websites that attempted to prevent it from doing so— AWS hosted a server linked to the Bezos family- and Nvidia-backed search startup that appears to have been used to scrape the sites …
Discussion:
@noahshachtman, @laurengoode, @timmarchman, @chrisharihar, @dmehro, The Verge, @crumbler@threads.net, @sarahnemerson, TechCrunch and Bloomberg, more at Techmeme »
Discussion:
Noah Shachtman /
@noahshachtman: Should be a pretty quick investigation. RTFA, Amazon.
Lauren Goode /
@laurengoode: Amazon's cloud division has launched an investigation into Perplexity AI, to determine whether the AI search startup is violating AWS rules by scraping websites that tried to prevent it from doing so https://www.wired.com/... via @AndrewCouts @dmehro
Tim Marchman /
@timmarchman: NEW from @AndrewCouts and @dmehro: Amazon Web Services is investigating Perplexity following a WIRED investigation into the “answer engine.” Clients must, Amazon tells WIRED, respect robots.txt: https://www.wired.com/...
Chris Harihar /
@chrisharihar: Perplexity is basically saying they follow the robots.txt protocol in relation to “normal” web crawling, but they make an exception when there's a direct user request to access a URL. Is there anything to really do here, especially if no technical enforcement for the publisher?
Dhruv Mehrotra /
@dmehro: NEW: Perplexity was using a secret AWS-hosted virtual machine to scrape the web. Major newsroom we spoke to observed its IP address in their server logs. Now Amazon is investigating. w/ @AndrewCouts https://www.wired.com/...
Elizabeth Lopatto /
The Verge: Perplexity's grand theft AI
Casey Newton /
@crumbler@threads.net: Should be a quick investigation!
Sarah Emerson /
@sarahnemerson: “The machine associated with Perplexity appears to be engaged in widespread crawling of news websites that forbid bots from accessing its content. Spokespeople for the Guardian, Forbes, and The New York Times also say they detected the IP address on its servers multiple times.”
Associated Press:
The Center for Investigative Reporting, which produces Mother Jones and Reveal, has sued ChatGPT maker OpenAI and Microsoft, saying OpenAI violated copyrights— The Center for Investigative Reporting said Thursday it has sued ChatGPT maker OpenAI and its closest business partner, Microsoft …
Discussion:
Engadget, The Wrap, The Register, Al Jazeera and The Hollywood Reporter, more at Techmeme »
Discussion:
Natalie Korach /
The Wrap: The Center for Investigative Reporting Launches Lawsuit Against OpenAI, Microsoft Over Copyright Infringement
Thomas Claburn /
The Register: OpenAI develops AI model to critique its AI models
Winston Cho /
The Hollywood Reporter: OpenAI Sued by Center of Investigative Reporting As Media Takes Diverging Paths on Tech Giant
New York Times:
Sources: Tom Ortenberg and Briarcliff Entertainment are pushing to acquire The Apprentice for US release, negotiating with Kinematics, backed by Dan Snyder— “The Apprentice,” a dramatized origin story about Donald J. Trump, has faced fierce criticism from the former president and his allies.
Discussion:
The Wrap, Washington Post, Deadline and Showbiz411
Discussion:
Umberto Gonzalez /
The Wrap: ‘The Apprentice’ Close to Deal for Pre-Election Release as Producers Pay Out Pro-Trump Investor | Exclusive
Jada Yuan /
Washington Post: Inside the battle to release controversial Trump movie ‘The Apprentice’
Mike Fleming Jr /
Deadline: Hot-Button Film ‘The Apprentice’ Moving Toward U.S. Deal With Briarcliff To Release Cannes Sensation On Donald Trump & Roy Cohn - The Dish
Los Angeles Times:
The California State Senate passes SB 1327, a bill aimed at imposing a “data extraction mitigation fee” on Big Tech to help fund local journalism— The California state Senate on Thursday passed legislation aimed at helping the news industry by imposing a new tax on some of the biggest tech companies in the world.
Discussion:
California State Legislature: Bill Text — SB-1327 Income taxation: credits: local news media: data extraction transactions.
Steven Waldman /
@stevenwaldman: WOW. The California Senate just voted to approved, by 2/3 vote, SB1327, Sen. Glazers bill to provide $500 million for local news, paid for by a tax on the big tech companies. Huge breakthrough.
Rebekah Entralgo /
The NewsGuild: California Senate Passes $500 Million Journalism Jobs Bill
Senator Catherine Blakespear /
@senblakespear: I am proud to be a co-author of #SB1327, by @Steve_Glazer. Journalism is critical to our democracy. As a former journalist, I know the value of news and an informed public, and we need it for democracy to work. Glad to see it pass the Senate today! @AsmBuffyWicks @CNPAservices [image] Matt Pearce: Breaking news: California Senate advances a major data mining tax to fund journalism jobs
Matt Pearce /
@mattdpearce: Pardon my language, but holy shit: The California Senate just voted 27-7 to advance Senator @Steve_Glazer's SB 1327, which would tax big tech to fund hundreds of millions of dollars' worth of journalist employment tax credits in California. https://mattdpearce.substack.com/ ...
Amy Kroin /
Free Press: California Bill That Would Support Local Journalism Jobs Passes the State Senate
Matt Pearce /
@mattdpearce: It's officially JOURNALISM POLICY SUMMER in California with Assemblymember @BuffyWicks' CJPA and Senator @Steve_Glazer's SB 1327 both advancing this week! We have not seen American journalism policy this ambitious since the creation of Corporation for Public Broadcasting. 👏 @progresschamber: Surprise! The California Senate just pushed a digital ad tax through at the last minute. In a vote today without notice, the CA Senate rushed SB 1327 to the floor despite concerns it will raise costs for small businesses and consumers. Our statement: https://progresschamber.org/ ... [image]
Mumbrella:
Nine CEO tells staff that around 200 jobs, ~4% of its workforce, will be cut, including up to 90 roles from Publishing and 38 from news and current affairs— Up to 200 jobs are set to be made redundant at Nine as soon as Friday. — Nine Entertainment CEO Mike Sneesby notified staff of the move …
Discussion:
Sydney Morning Herald, Crikey, @meadea, TV Tonight, @colonelhogans, Capital Brief, @therealpbarry, Mediaweek, @calumjaspan_, @maxwalden_, @anguslivingston and AdNews News
Discussion:
Daanyal Saeed /
Crikey: ‘Fuck Mike Sneesby’: Nine staff incensed at mass job cuts
Amanda Meade /
@meadea: Nine Entertainment chief executive Mike Sneesby has told staff the company is cutting 200 jobs due to the “economic headwinds” facing the media, with the biggest cuts to come from legacy mastheads the Sydney Morning Herald and the Age. https://www.theguardian.com/ ...
David Knox /
TV Tonight: 200 jobs to go from Nine — Staff at Nine have been advised of up to 200 jobs to be made redundant from Nine.
Rick /
@colonelhogans: While keep paying Karl Stephanovic $2M per year to talk shit.... Nine to cut up to 200 jobs as ‘economic headwinds’ bite @smh
Paul Barry /
@therealpbarry: Cuts, cuts, more cuts. Australian MSM in heaps of trouble Nine to cut up to 200 jobs as ‘economic headwinds’ bite https://www.smh.com.au/...
Calum Jaspan /
@calumjaspan_: SMH and The Age parent company Nine to cut up to 200 jobs, around 4pc of company headcount. Up to 90 to go in publishing division. Story @theage @smh https://www.smh.com.au/...
Max Walden /
@maxwalden_: Australia's largest locally owned media conglomerate Nine will shed 200 staff as a deal with Meta ends, per CEO Mike Sneesby. Some 70-90 of these jobs across successful publishing division - Sydney Morning Herald, The Age, Australian Financial Review, Brisbane Times, WA Today [image]
Angus Livingston /
@anguslivingston: Nine has 5000 employees, half the job cuts are coming in the relatively small Publishing division, which has been strongly profitable and passed those profits through to shareholders
The Desk:
Comcast is adding the sports-focused Fubo app to supported Xfinity Flex, Xumo TV, and Xumo Stream boxes— Customers of Comcast's broadband product Xfinity Internet now have access to sports-centric streaming service Fubo on the company's lased streaming boxes.
Discussion:
The Streamable, Cord Cutters News, Next TV and Media Play News
Discussion:
Luke Bouma /
Cord Cutters News: Fubo Launches on Xfinity Flex, & Xumo Box/TV Giving Comcast Customers an Option For Bally Sports
Daniel Frankel /
Next TV: Fubo Launches Natively on Xumo and Xfinity Flex Streaming Devices
Axios:
Time strikes a multi-year content licensing deal with OpenAI; Time will gain access to OpenAI's tech and tools to develop new products— - It also gives the AI giant access to Time's real-time content to help answer user queries as news unfolds. — Under the agreement …
Discussion:
Kris Holt /
Engadget: Time strikes a deal to funnel 101 years of journalism into OpenAI's gaping maw
Melody Khodaverdian /
Melody Khodaverdian on LinkedIn: Today, TIME and OpenAI announce a multi-year content deal and strategic partnership to bring TIME's trusted journalism — including our archives from the last 101 years — to Open AI's products. …
Kevin Bartus /
Kevin Bartus on LinkedIn: “Hail Mary” or embracing the future? Time will tell. — Early Internet, online magazines were thrilled to get traffic from Google (and Yahoo, and AskJeeves, and Lycos, and Altavista). …
Laurie Sullivan /
MediaPost: OpenAI Signs Multiyear Data Deal With ‘Time’
Jeff Li /
Jeff Li on LinkedIn: TIME has announced a multi-year content licensing deal and strategic partnership with OpenAI. Our deal gives #OpenAI access to TIME's archives from the last 101 years to train its models. …
Sharon Milz /
Sharon Milz on LinkedIn: Thrilled to announce that TIME has partnered with OpenAI, providing access to our extensive 101-year media archive to advance its AI models. …
Hayden Field /
CNBC: OpenAI and Time strike multi-year deal to improve ChatGPT with journalistic content
Etan Vlessing /
The Hollywood Reporter: Time Inks Deal With OpenAI As Tech Giant Makes Major Publishing Moves
Adam Chitwood /
The Wrap: Time and OpenAI Strike Content Partnership
Associated Press:
Seven nonprofits including the Freedom of the Press Foundation file a brief saying the US law forcing ByteDance to sell TikTok or face a ban is unconstitutional— A group of nonprofits argued in a legal filing that the federal law requiring TikTok's parent company to sell the platform …
Discussion:
MediaPost, more at Techmeme »
Discussion:
Chicago Sun Times:
Chicago Public Media names Vox co-founder Melissa Bell as its new CEO, starting September 3; CPM owns the Chicago Sun-Times and public radio station WBEZ— The founder and former publisher of Vox Media will take over in September. — Melissa Bell, former publisher of Vox Media …
Discussion:
Jennifer Kho on LinkedIn, @dicktofel, Inside Radio, Tracy Brown on LinkedIn, Current, Radio & Television … and WBEZ
Discussion:
Jennifer Kho /
Jennifer Kho on LinkedIn: I'm super excited to welcome — and get to work with — Melissa Bell, the next CEO of Chicago Public Media!
Richard Tofel /
@dicktofel: Great choice!
Tracy Brown /
Tracy Brown on LinkedIn: Chicago Public Media names its new CEO. Welcome to Chicago, Melissa Bell. Excitement abounds. I look forward to the many great things ahead. …
Austin Fuller /
Current: Vox.com co-founder Melissa Bell will lead Chicago Public Media
Adam Jacobson /
Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.