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7:00 PM ET, May 23, 2024

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 Top News: 
Dominic Ponsford / Press Gazette:
A bill strengthening the CMA, UK's competition watchdog, heads toward approval; the CMA could push tech giants to pay publishers for news linked on their sites  —  The UK has paved the way for Australia-style payments to news publishers from tech giants as the Digital Markets, Competition and Consumers Bill was passed by Parliament.
Pete Brown / Columbia Journalism Review:
An overview of existing deals between news publishers and AI companies and the questions they raise regarding long-term costs, the selection process, and more  —  In the past few weeks, News Corp, the Financial Times and Dotdash Meredith became the latest news organizations to strike licensing deals …
RELATED:
Wall Street Journal:
News Corp and OpenAI announce a multiyear agreement to bring News Corp's news content to OpenAI; sources say the deal could be worth $250M+ over five years
CNBC:
The DOJ and 30 state AGs sue Ticketmaster parent company Live Nation to break it up, alleging “anticompetitive conduct to exercise its monopolistic control”  —  The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations.
The Hollywood Reporter:
Wall Street Journal:
Trump says that if he's elected, Russia would release WSJ reporter Evan Gershkovich; the Kremlin denies any contact between Putin and Trump on the matter  —  Kremlin says Russian leader isn't in contact with former U.S. president about journalist  —  Former President Donald Trump …
Lucas Shaw / Bloomberg:
Sources: Alphabet and Meta have talked to Hollywood studios about licensing content for AI video generation tools; Disney and Netflix aren't willing to license  —  - Studios seek to harness AI's promise without losing control  — Warner weighs licensing content; Disney, Netflix say no
Kat Abu / @abughazalehkat:
A Media Matters staffer says the outlet has laid off about a dozen staffers  —  Bad News: I've been laid off from @mmfa, along with a dozen colleagues. There's a reason far-right billionaires attack Media Matters with armies of lawyers: They know how effective our work is, and it terrifies them (him).
Sapna Maheshwari / New York Times:
TikTok limits the spread of videos from state-affiliated media outside their home countries and disrupted 15 influence operations in 2024, including from China  —  The platform will keep state-affiliated media accounts out of users' feeds if they “attempt to reach communities outside …
Oliver Darcy / CNN:
WaPo CEO Will Lewis outlines plans for Post Pro and Post Plus subscriptions, and “flexible payments” to let readers make a one-time payment for reading a story  —  On Wednesday, Will Lewis, the newly minted publisher and chief executive of The Washington Post …
 
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Dominic Patten / Deadline:
Sources: Sundance is weighing proposals from 15 locations to move the festival in 2027; a decision is expected internally around the end of September
The New York Times Company:
The New York Times hires Puck's Teddy Schleifer, who covers politics, billionaires, and business, to work as a correspondent on its Politics desk
STLPR:
Big Lou Media has sold The Riverfront Times, an alt weekly in St. Louis, Mo, to an undisclosed buyer, and the entire writing and editing staff has been laid off
Tom Friend / Sports Business Journal:
Sources: the NBA is formalizing deals with Disney, NBC, and Amazon, which may prompt WBD to sue; ESPN may pay $2.8B annually, NBC $2.6B, and Amazon $1.8B to $2B
 

 
From Techmeme:

The Block:
The US SEC approves spot Ethereum ETFs from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton

Jyoti Mann / Business Insider:
Screenshots of Google's AI Overview giving bizarre answers go viral, including telling users to add “1/8 cup of non-toxic glue” to make cheese stick on a pizza

Mayank Parmar / BleepingComputer:
Users reported a massive Microsoft outage that impacted Bing, Copilot on the web and mobile, Copilot in Windows, ChatGPT's internet search, DuckDuckGo, and more

 
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