Yahoo confirms it has been testing an AI summaries feature for a few months on the Yahoo News website for a small, single-digit percentage of articles (Sarah Perez/TechCrunch)

Mediagazer: Yahoo confirms it has been testing an AI summaries feature for a few months on the Yahoo News website for a small, single-digit percentage of articles (Sarah Perez/TechCrunch)

Top News:

Wired:

Yahoo debuts a revamped version of the free Yahoo News app powered by Artifact's tech, after buying the Instagram co-founders' news app in April 2024— Artifact, the news app startup from Instagram's cofounders, was purchased by Yahoo earlier this year. The web giant then used …
Discussion: Yahoo Inc., @jlanzone, Andrew Machado on LinkedIn, more at Techmeme »

Discussion:

Jim Lanzone /
@jlanzone: @kevin @mikeyk Also important to note that the app is grounded in partnerships with a huge number of curated content sources across dozens of categories - reducing spam/noise - and we share revenue with those partners.

Jim Lanzone /
@jlanzone: It's alive. Yahoo+Artifact app launches today. Thanks @kevin and @mikeyk for helping us make it happen. Killer roadmap ahead - so much more we can do here.

Andrew Machado /
Andrew Machado on LinkedIn: Today we unveiled a completely redesigned Yahoo News mobile app and Yahoo.com in the US. — The new app is all about delivering a much more personalized news experience. …

RELATED:

TechCrunch:

Yahoo confirms it has been testing an AI summaries feature for a few months on the Yahoo News website for a small, single-digit percentage of articles— Yahoo's AI push isn't over just yet. The company, also TechCrunch's parent, recently launched AI-powered features for Yahoo Mail …

Semafor:

AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes criticized it for misusing content from Forbes and others— The Scoop — Perplexity, the AI search startup that recently came under fire from Forbes for allegedly misusing its content …

Discussion:
@campbell_brown, @ericnewcomer, @reedalbergotti, @semafor, @johnpaczkowski, @danielsgriffin, @reedalbergotti, @jason, @mattswider, @johnpaczkowski, @mattswider, @campbell_brown, John Paczkowski on LinkedIn, @carnage4life@threads.net, @henryhycheung@threads.net, @crumbler@threads.net, @carnage4life@mas.to, Aravind Srinivas on LinkedIn and Talking Biz News, more at Techmeme »

Discussion:

Campbell Brown /
@campbell_brown: @mattswider Fair point. I would just love to see the path forward be more than a one time payment and be potential source of revenue for ALL publishers. Check out https://tollbit.com/. I don't know if it's the answer, but one off deals aren't the longterm solution.

Eric Newcomer /
@ericnewcomer: @ReedAlbergotti @semafor it doesn't feel like this is about our role as journalists in the traditional sense since it is about their story. reporters would fight with other reporters on twitter if they didn't get proper credit and the perplexity situation seems far more egregious than most media

Eric Newcomer /
@ericnewcomer: @semafor @ReedAlbergotti nihilism @ReedAlbergotti . media companies steal too much reporting so let's shrug our shoulders with AI. the information is sometimes successful when it scolds publications for not crediting it. what's different here? public shame is one of the few levers we have to get

Reed Albergotti /
@reedalbergotti: @EricNewcomer @semafor Also, how is “public shame” literally the very first step? Is our job as journalists just online mob justice now? What happened to nuance and intellectual curiosity? @semafor: 🟡 SCOOP: Perplexity, the AI search startup that recently came under fire from Forbes, was already planning revenue-sharing deals with publishers, @ReedAlbergotti reports. The deals would provide a framework to earn recurring income. https://www.semafor.com/...

John Paczkowski /
@johnpaczkowski: Some head exploding irony here, given the Facebook armageddon for publishers

Daniel Griffin /
@danielsgriffin: @semafor @ReedAlbergotti Is *a Perplexity user* in “a Perplexity user created a page” the right framing? Compare the “Curated by” label on these two pages: (1) https://www.perplexity.ai/... (2) https://www.perplexity.ai/... [image]

Reed Albergotti /
@reedalbergotti: @EricNewcomer @semafor I said clearly that perplexity should have credited them higher up. I just don't think the Forbs people had to go for the jugular like that. I think twitter brings out the worst in people sometimes. A civil conversation would get more done. @jason: @JohnPaczkowski They didn't ask for permission and took a substantial amount? Have you run more tests on this? You should publish dozens of examples like the NYTimes did

Matt Swider /
@mattswider: @campbell_brown Thanks for actually responding & addressing, Campbell. I like this idea: “Spotify” for publishers (although we always hear artists get pittance), based on reads (like song plays). The best article I've read is by @Jason. Publishers fell for tech's promises once & got burned by

John Paczkowski /
@johnpaczkowski: 1. Lol. Nice story placement, Perplexity. 2. But it misses the point. Beyond attribution **The company took our paywalled work, without our permission, and competitively broadcast it across web, video, mobile — as though it were itself a media outlet.**

Matt Swider /
@mattswider: @campbell_brown What about small publishers? Are these deals only going to be for larger publishers (so far, that's been the case with ChatGPT)? Why has Perplexity stolen the content of Forbes and my site while charging $20/mo. Is it OK to have done so in the meantime? https://x.com/...

Campbell Brown /
@campbell_brown: This seems like the right take - aligned incentives and a real potential ally for publishers: “Perplexity planning revenue-sharing deals with publishers”. https://www.semafor.com/...

John Paczkowski /
John Paczkowski on LinkedIn: Perplexity's knock off of our reporting and competitive republishing of same in a variety of formats (including YouTube) feels like a real crystallization of the “Can journalism survive AI?” convo. …

Dare Obasanjo /
@carnage4life@threads.net: I have no idea what's up with AI companies speed running the news coverage from “scrappy underdog” to “evil big tech” before they even get that big. We were going to pay you isn't an excuse for plagiarizing content. What seemed like an honest mistake now looks more deliberate.

Dare Obasanjo /
@carnage4life@threads.net: This article is also a great example of the genre of “press release masquerading as news article”

Henry Hong-Yiu Cheung /
@henryhycheung@threads.net: Would you say the same of OpenAI? re:NYTimes

Casey Newton /
@crumbler@threads.net: i think OpenAI and every LLM maker has things to answer for. Perplexity has been egregious due to the way that it continues to rip off reporters' verbatim phrasing wholesale and resell it for $20 a month without compensating the journalists

Casey Newton /
@crumbler@threads.net: Who cares? ‘Working on deals’ doesn't give you a free pass to plagiarize other people's work. This company is ethically bankrupt

Dare Obasanjo /
@carnage4life@mas.to: This article is also a great example of the genre of “press release masquerading as news article” https://www.semafor.com/...

Aravind Srinivas /
Aravind Srinivas on LinkedIn: Worth a read for a balanced perspective by Reed Albergotti and Semafor on how AI-native search and journalism can flourish together: — https://lnkd.in/...

New York Times:

Disney and Ron DeSantis reach a 15-year agreement to let Disney undertake a $17B expansion of Walt Disney World near Orlando; Disney will end all litigation— The deal locks in a 15-year expansion plan for Disney World and clears a path for Disney to restart political donations in Florida.

Discussion:
The Wrap, Associated Press, Orlando Sentinel, Reuters, Axios and CNN

Discussion:

Kayla Cobb /
The Wrap: Disney and DeSantis End Florida Feud, Making Way for $17B Disney World Development Associated Press: Deal sealed between Disney and Disney World governing district with approval by DeSantis reps

Skyler Swisher /
Orlando Sentinel: 'It's great for Orlando': $17B Disney World development plan gets final approval

Rebecca Falconer /
Axios: DeSantis appointees approve Disney World resort development plan

New York Post:

CNN signs a deal to use AP stories on its website, the first time it has done so since cutting ties 14 years ago to focus more on original reporting— CNN staffers fear a new deal with the Associated Press may spell layoffs at the third-place cable news network.

Discussion:
Editor and Publisher and NewscastStudio

Discussion:

Michael P. Hill /
Editor and Publisher: CNN signs AP deal for first time in 14 years

Michael P. Hill /
NewscastStudio: CNN signs AP deal for first time in 14 years

Bloomberg:

The National Music Publishers' Association files an FTC complaint against Spotify, saying Spotify's decision to offer audiobooks reduced songwriters' royalties— Spotify's audiobook bundle has put it at war with music publishers … The audiobooks addition gave Spotify leeway to reclassify …

Discussion:
9to5Mac, Music Ally, Digital Music News, Engadget, Billboard, Music Business Worldwide and Rolling Stone

Discussion:

Ben Lovejoy /
9to5Mac: Audiobooks are a Spotify scam to cheat consumers and musicians, say music labels

Ashley King /
Digital Music News: Music Publishing Revenue Climbed 11% to $6.2 Billion in 2023, NMPA Reports

Kristin Robinson /
Billboard: NMPA Fires New Volley in Spotify Fight by Filing FTC Complaint, Letters to State Attorneys General & More

Murray Stassen /
Music Business Worldwide: MUSIC PUBLISHERS FILE COMPLAINT WITH US FEDERAL TRADE COMMISSION AGAINST SPOTIFY OVER AUDIOBOOK BUNDLE

Press Gazette:

UK nonprofit The Bureau of Investigative Journalism launches paid memberships and explores other revenue streams to address a £250,000 funding shortfall— The Bureau of Investigative Journalism (TBIJ) is on a mission to diversify its revenue away from relying on foundations as …

The i Paper:

Sources detail Evgeny Lebedev's decision to end the Evening Standards' daily print edition under pressure from a Saudi investor, after prevaricating for years— Current and former employees tell the story behind the daily edition's closure — Evgeny Lebedev agreed to axe …

Discussion:
@richjamesuk

Discussion:

Rich James /
@richjamesuk: Evgeny Lebedev agreed to axe the Evening Standards' daily print edition after bowing to pressure from his Saudi investor, @theipaper understands. “Lord Lebedev, his Saudi investor, and why he cut the Evening Standard”: Big read from @adamsherwin10 - https://inews.co.uk/...

The Hollywood Reporter:

A profile of Bryan Freedman, a divisive entertainment lawyer known for his rabidity and ruthlessness and who has represented Tucker Carlson, Don Lemon, and more— When pissed-off power players from Megyn Kelly and Bethenny Frankel to Tucker Carlson and Don Lemon need a warrior to fight …

Deadline:

Sony Pictures Entertainment buys Alamo Drafthouse Cinema; 35 cinemas will keep operating under the Alamo brand, and Alamo's Michael Kustermann will remain CEO— Sony Pictures Entertainment (SPE) has just bought Alamo Drafthouse Cinema. D eadline first told you the chain was up for sale and being shopped around to studios.

Discussion:
Engadget, Variety, Rick Starr on LinkedIn, Gizmodo, New York Times, CBS News, New York Daily News, CNN, The A.V. Club, Reuters, Bloomberg, Chris Drazba on LinkedIn, SlashFilm, Consequence, Media Play News, The Wrap, IndieWire, Associated Press, Los Angeles Times, The Hollywood Reporter and The Verge

Discussion:

Anna Washenko /
Engadget: Alamo Drafthouse is being bought by Sony Pictures

Brent Lang /
Variety: Sony Pictures Buys Alamo Drafthouse

Rick Starr /
Rick Starr on LinkedIn: ‘Fallout’ is spilling into the realm of cinema? It's no longer a video-game-fantasy, my friends, but a stark reality for struggling cinema owners. …

Oscar Gonzalez /
Gizmodo: Sony Pictures Buys Beloved Theater Chain Alamo Drafthouse

Khristopher J. Brooks /
CBS News: Sony Pictures buys dine-in movie theater chain Alamo Drafthouse

David Matthews /
New York Daily News: Sony acquires movie theater chain Alamo Drafthouse

Ramishah Maruf /
CNN: Sony Pictures is buying Alamo Drafthouse

Matt Schimkowitz /
The A.V. Club: Paramount Decree found dead as Sony buys Alamo Drafthouse

Jaspreet Singh /
Reuters: Sony Pictures Entertainment buys cinema chain Alamo Drafthouse Cinema

Brandon Mioduszewski /
Bloomberg: Sony Pictures Buys Alamo Drafthouse Theater Chain

Chris Drazba /
Chris Drazba on LinkedIn: Excited to share that Alamo Drafthouse Cinema has been acquired by Sony Pictures Entertainment. First and foremost, congratulations to Sony and their commitment to the cinematic experience! …

Stephanie Prange /
Media Play News: Sony Pictures Entertainment Acquires Alamo Drafthouse Cinema

Jeremy Fuster /
The Wrap: Sony Pictures Acquires Alamo Drafthouse Cinema

Lindsey Bahr /
Associated Press: Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain

The Hollywood Reporter:
Sony Pictures Acquires Alamo Drafthouse Cinema in Landmark Deal That Puts Studios Back in Theater Game

Jay Peters /
The Verge: Sony buys Alamo Drafthouse Cinema

New York Times:

Christophe Deloire, the secretary general of Reporters Without Borders, dies at 53 in Paris due to complications of brain cancer— As the leader and spokesman for Reporters Without Borders, he rescued some, sought refuge for others and lobbied for pluralism in the press.

Discussion:
Reporters Without Borders, National Press Club, Associated Press and

Discussion:
Reporters Without Borders: Christophe Deloire, director general of Reporters Without Borders, died on Saturday, 8 June at the age of 53

Associated Press:
Christophe Deloire, the head of media freedom group Reporters Without Borders, has died. He was 53

Axios:

In an investor presentation, Newsmax discloses details of the $225M private placement and announces plans for an NYSE or a Nasdaq IPO later this year or in 2025— - The company said it plans to go public later this year or in 2025 either on the NYSE or Nasdaq with an offering of up to $75 million.

Discussion:
The Desk, Newsmax Inc., The Hollywood Reporter

Discussion:

Matthew Keys /
The Desk: Newsmax reveals plan to list on Wall Street Newsmax Inc.: $150,000,000 Total Offering — EXECUTIVE SUMMARY The securities offered hereunder are securities …

Newsmax Inc.:
Frequently Asked Questions About the Newsmax Series B Convertible 7% Preferred Stock Offering

Newsmax Inc.:
Investor Presentation — Summary of Terms The Company is offering up to a maximum of $150,000,000 …