A highly amusing, albeit scathing New York Times restaurant review of Guy Fieri’s American Kitchen & Bar that went viral in 2012 is being used by attorneys acting for the Times in their lawsuit against OpenAI to illustrate just how destructive the new technology could be to the future of journalism. When prompted about the opening paragraphs of critic Pete Wells’ review, entire passages are lifted verbatim by ChatGPT. “Did panic grip your soul as you stared into the whirling hypno wheel of the menu, where adjectives and nouns spin in a crazy vortex?” Wells had written. Those sentences and several other paragraphs were copied directly from the pages of the paper and then regurgitated by the AI system, per the lawsuit.
Local news has been decimated in America, owing to a lethal cocktail of uninterested readers and greedy venture capital firms that buy local papers and then cut them to...
Local news has been decimated in America, owing to a lethal cocktail of uninterested readers and greedy venture capital firms that buy local papers and then cut them to...
- 2/14/2024
- by Lachlan Cartwright
- The Hollywood Reporter - Movie News
As artificial intelligence products from tech giants threaten to upend the media landscape, major newspaper and magazine companies have faced a dilemma: take the money from AI giants in a licensing deal or fight with a lawsuit.
On Wednesday, The New York Times chose the latter, filing a lawsuit in the U.S. Southern District of New York against OpenAI, the Sam Altman-run firm behind the ChatGPT product that has amassed more than 100 million users since a version of it went public in late 2022. The popular chat bot was built by data scraped from across the internet and delivers its customizable responses to user queries and prompts by leaning on this vast trove of writing. If consumers increasingly turn to chat bots to consume or discover news, it could, for example, render individual web pages — the urls that publishers monetize via advertising — as a relic, forcing publishers to radically reshape their future online.
On Wednesday, The New York Times chose the latter, filing a lawsuit in the U.S. Southern District of New York against OpenAI, the Sam Altman-run firm behind the ChatGPT product that has amassed more than 100 million users since a version of it went public in late 2022. The popular chat bot was built by data scraped from across the internet and delivers its customizable responses to user queries and prompts by leaning on this vast trove of writing. If consumers increasingly turn to chat bots to consume or discover news, it could, for example, render individual web pages — the urls that publishers monetize via advertising — as a relic, forcing publishers to radically reshape their future online.
- 12/27/2023
- by Erik Hayden
- The Hollywood Reporter - Movie News
Axel Springer became the latest media company to partner with AI, as news organizations grapple with how best to use the technology while protecting jobs and their financial position.
The German media company announced a partnership Wednesday with OpenAI’s ChaptGPT, in which ChatGPT will pull from content from Axel Springer’s brands, including Politico, Business Insider, Bild and Welt, to answer queries. The answers to user questions will include attribution and links to full articles.
“We are excited to have shaped this global partnership between Axel Springer and OpenAI – the first of its kind. We want to explore the opportunities of AI empowered journalism – to bring quality, societal relevance and the business model of journalism to the next level,” said Mathias Döpfner, CEO of Axel Springer.
Content from Axel Springer brands will also be used to advance the training of OpenAI’s large language models.
This is the latest...
The German media company announced a partnership Wednesday with OpenAI’s ChaptGPT, in which ChatGPT will pull from content from Axel Springer’s brands, including Politico, Business Insider, Bild and Welt, to answer queries. The answers to user questions will include attribution and links to full articles.
“We are excited to have shaped this global partnership between Axel Springer and OpenAI – the first of its kind. We want to explore the opportunities of AI empowered journalism – to bring quality, societal relevance and the business model of journalism to the next level,” said Mathias Döpfner, CEO of Axel Springer.
Content from Axel Springer brands will also be used to advance the training of OpenAI’s large language models.
This is the latest...
- 12/13/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Susan Rice has rejoined Netflix’s board of directors, after leaving the Biden administration this spring,
Netflix said in an SEC filing Friday that Rice’s appointment to the board occurred on Sept. 6, effective immediately. She will hold office as a Class I director with a term expiring at the company’s annual meeting of stockholders in 2024. Rice has not yet been appointed to serve as a member of any board committees.
Rice will receive an annual retainer of $300,000 as compensation for her service as Netflix director, which will be payable monthly and prorated for the remainder of 2023.
Rice, an alum of the Obama administration, had previously joined Netflix’s board in March 2018 before announcing in December 2020 that she was joining Biden’s White House as director of domestic policy. Netflix has other ties to the Obamas, including most directly through its overall deal inked in 2018 with Barack and Michelle Obama...
Netflix said in an SEC filing Friday that Rice’s appointment to the board occurred on Sept. 6, effective immediately. She will hold office as a Class I director with a term expiring at the company’s annual meeting of stockholders in 2024. Rice has not yet been appointed to serve as a member of any board committees.
Rice will receive an annual retainer of $300,000 as compensation for her service as Netflix director, which will be payable monthly and prorated for the remainder of 2023.
Rice, an alum of the Obama administration, had previously joined Netflix’s board in March 2018 before announcing in December 2020 that she was joining Biden’s White House as director of domestic policy. Netflix has other ties to the Obamas, including most directly through its overall deal inked in 2018 with Barack and Michelle Obama...
- 9/8/2023
- by Todd Spangler
- Variety Film + TV
Ambassador Susan Rice is returning to Netflix.
The former U.S. Ambassador to the United Nations and U.S. National Security Advisor is rejoining Netflix’s board of directors. She was appointed to the board this week, with her term expiring after next year’s annual meeting.
Like all Netflix directors, Rice will receive an annual retainer valued at $300,000.
Rice previously served on Netflix’s board from 2018 until December 2020, when she announced her intention to step down and join President Biden’s administration. Rice would serve in the Biden administration as its domestic policy adviser, stepping down from that role earlier this year.
Rice joins a board comprising Netflix insiders like founder Reed Hastings and co-CEOs Ted Sarandos and Greg Peters, as well as media veterans Anne Sweeney (the former Disney TV chief) and Mathias Döpfner (the head of Axel Springer), tech veterans like Microsoft president Brad Smith, and venture...
The former U.S. Ambassador to the United Nations and U.S. National Security Advisor is rejoining Netflix’s board of directors. She was appointed to the board this week, with her term expiring after next year’s annual meeting.
Like all Netflix directors, Rice will receive an annual retainer valued at $300,000.
Rice previously served on Netflix’s board from 2018 until December 2020, when she announced her intention to step down and join President Biden’s administration. Rice would serve in the Biden administration as its domestic policy adviser, stepping down from that role earlier this year.
Rice joins a board comprising Netflix insiders like founder Reed Hastings and co-CEOs Ted Sarandos and Greg Peters, as well as media veterans Anne Sweeney (the former Disney TV chief) and Mathias Döpfner (the head of Axel Springer), tech veterans like Microsoft president Brad Smith, and venture...
- 9/8/2023
- by Alex Weprin
- The Hollywood Reporter - Movie News
London, June 22 (Ians) German media giant Axel Springer is laying off 20 per cent of newsroom jobs and apparently replacing some employees with artificial intelligence (AI) technology, reports surfaced on Thursday.
Axel Springer CEO Mathias Dopfner, a friend of Tesla CEO Elon Musk, has ushered in a “digital-only” phase, reports CNN.
The roles of editors, photo editors, proofreaders and other employees involved in print production will “no longer exist as they do today,” the publisher wrote in its memo.
The layoffs will majorly impact Bild, among the most widely sold newspapers in Europe.
Axel Springer owns several multimedia news brands such as German news publications Bild and Welt, and US news sites Politico and much of Insider.
Axel Springer told employees it would “unfortunately be parting ways with colleagues who have tasks that in the digital world are performed by AI and/or automated processes,” according to German newspaper Frankfurter Allgemeine...
Axel Springer CEO Mathias Dopfner, a friend of Tesla CEO Elon Musk, has ushered in a “digital-only” phase, reports CNN.
The roles of editors, photo editors, proofreaders and other employees involved in print production will “no longer exist as they do today,” the publisher wrote in its memo.
The layoffs will majorly impact Bild, among the most widely sold newspapers in Europe.
Axel Springer owns several multimedia news brands such as German news publications Bild and Welt, and US news sites Politico and much of Insider.
Axel Springer told employees it would “unfortunately be parting ways with colleagues who have tasks that in the digital world are performed by AI and/or automated processes,” according to German newspaper Frankfurter Allgemeine...
- 6/22/2023
- by Agency News Desk
- GlamSham
Rodolphe Belmer, the former Canal+ CEO on the verge of heading up French network TF1, has stepped down from the Netflix board.
The news came in a regulatory filing earlier this week, which stated that Belmer had notified the U.S. streamer October 19 that he would be resigning effective October 27, when he starts at TF1.
Related Story French Broadcaster M6 Put Up For Sale By Bertelsmann Following Failed TF1 Merger Related Story 'The Watcher': Ryan Murphy Takes Pride In Having Cast Older Women In His Limited Series For Netflix Related Story Netflix Adds "Fictional" Disclaimer To 'The Crown' Season Five Trailer Following Backlash
“Mr Belmer’s resignation is not due to any disagreement with the company,” it added.
Belmer has been on the now-11-strong Netflix board for nearly five years. Other members include Netflix co-CEOs Ted Sarandos and Reed Hastings, former Disney-abc Television Group president...
The news came in a regulatory filing earlier this week, which stated that Belmer had notified the U.S. streamer October 19 that he would be resigning effective October 27, when he starts at TF1.
Related Story French Broadcaster M6 Put Up For Sale By Bertelsmann Following Failed TF1 Merger Related Story 'The Watcher': Ryan Murphy Takes Pride In Having Cast Older Women In His Limited Series For Netflix Related Story Netflix Adds "Fictional" Disclaimer To 'The Crown' Season Five Trailer Following Backlash
“Mr Belmer’s resignation is not due to any disagreement with the company,” it added.
Belmer has been on the now-11-strong Netflix board for nearly five years. Other members include Netflix co-CEOs Ted Sarandos and Reed Hastings, former Disney-abc Television Group president...
- 10/21/2022
- by Max Goldbart
- Deadline Film + TV
A massive trove of Elon Musk’s texts made available to the public give a glimpse into Musk’s mindset during his bid to acquire Twitter, and the subsequent unraveling of the deal that has resulted in Twitter taking the Tesla billionaire to court in order to force his proposed 44 billion purchase.
The texts, which were released as part of evidentiary discovery in Twitter’s lawsuit against him, provide valuable insight into the thought process behind Musk’s attempted acquisition, and show how the billionaire was in regular contact with powerful industry players,...
The texts, which were released as part of evidentiary discovery in Twitter’s lawsuit against him, provide valuable insight into the thought process behind Musk’s attempted acquisition, and show how the billionaire was in regular contact with powerful industry players,...
- 9/30/2022
- by Nikki McCann Ramirez
- Rollingstone.com
Politico’s parent company Axel Springer CEO Mathias Döpfner emailed his top executives shortly before the 2020 election to ask if any of them would “want to get together for an hour in the morning on November 3 and pray that Donald Trump will again become President of the United States of America,” according to an email obtained by The Washington Post.
When asked about the email by the Post, Döpfner initially denied its existence, then admitted it was him who wrote it after he was shown the message. However, Döpfner maintains...
When asked about the email by the Post, Döpfner initially denied its existence, then admitted it was him who wrote it after he was shown the message. However, Döpfner maintains...
- 9/6/2022
- by Nikki McCann Ramirez
- Rollingstone.com
Politico, the 15-year-old digital media company covering politics and policy, is being sold to German publishing giant Axel Springer.
The price was more than $1 billion, according to a source familiar with the terms. Axel Springer also will also acquire the remaining 50 percent share of its joint venture Politico Europe, and the tech news website Protocol from current owner Robert Albritton.
The deal is subject to regulatory approval, with closing expected in the fourth quarter of this year.
The acquisition marks a further reach by Axel Springer into the U.S. market, as it already has Insider and Morning Brew as part of its portfolio.
In a statement, Mathias Döpfner, the CEO of Axel Springer, said that Politico’s “outstanding team has disrupted digital political journalism and set new standards. A true North Star. It will be a privilege and a special responsibility to help shape the future of this outstanding media company.
The price was more than $1 billion, according to a source familiar with the terms. Axel Springer also will also acquire the remaining 50 percent share of its joint venture Politico Europe, and the tech news website Protocol from current owner Robert Albritton.
The deal is subject to regulatory approval, with closing expected in the fourth quarter of this year.
The acquisition marks a further reach by Axel Springer into the U.S. market, as it already has Insider and Morning Brew as part of its portfolio.
In a statement, Mathias Döpfner, the CEO of Axel Springer, said that Politico’s “outstanding team has disrupted digital political journalism and set new standards. A true North Star. It will be a privilege and a special responsibility to help shape the future of this outstanding media company.
- 8/26/2021
- by Ted Johnson
- Deadline Film + TV
Exclusive: While talk of direct-to-consumer streaming and the M&a climate is in the air at Allen & Co.’s annual retreat in Sun Valley, the actual day-by-day agenda includes sessions reaching far beyond the media racket.
Cybersecurity, foreign affairs, education, Brexit and the human brain will all be explored in the confab that officially began today, according to a day-by-day schedule obtained by Deadline. Gayle King of CBS News will interview U.S. Secretary of State Mike Pompeo. More directly related to the media-business realm are sessions involving commissioners of five major professional sports leagues and separate ones featuring Bill Gates, Liberty Media chairman John Malone, and current Microsoft CEO Satya Nadella.
Conference programming fills the morning hours of the week, with afternoons and evenings generally reserved for private meetings or recreation. Media, famously, is kept at a distance from the invite-only gathering, which has been held in the...
Cybersecurity, foreign affairs, education, Brexit and the human brain will all be explored in the confab that officially began today, according to a day-by-day schedule obtained by Deadline. Gayle King of CBS News will interview U.S. Secretary of State Mike Pompeo. More directly related to the media-business realm are sessions involving commissioners of five major professional sports leagues and separate ones featuring Bill Gates, Liberty Media chairman John Malone, and current Microsoft CEO Satya Nadella.
Conference programming fills the morning hours of the week, with afternoons and evenings generally reserved for private meetings or recreation. Media, famously, is kept at a distance from the invite-only gathering, which has been held in the...
- 7/9/2019
- by Dade Hayes
- Deadline Film + TV
Netflix said Axel Springer Chairman and CEO Mathias Döpfner will join its board of directors, an appointment that reflects the streaming service’s global focus.
Based in Berlin, Döpfner leads Europe’s leading digital publishing house, with brands including Bild, Die Welt, Business Insider and Politico Europe.
“We are very pleased to welcome Mathias to the Netflix board,” “His leadership at the vanguard of both European business and digital media brings us invaluable perspective and insight as we work to build and constantly improve our business all over the world,” Netflix CEO Reed Hastings said in a statement.
Mathias has been with Axel Springer Se since 1998, initially as editor-in-chief of Die Welt and, since 2000, as a member of the management board. Since he became CEO of Axel Springer in 2002 he focused on digital transformation, with revenues from digital activities increasing from €117m to €2.5bn, and digital now accounting for 80 percent of the company’s Ebitda.
Based in Berlin, Döpfner leads Europe’s leading digital publishing house, with brands including Bild, Die Welt, Business Insider and Politico Europe.
“We are very pleased to welcome Mathias to the Netflix board,” “His leadership at the vanguard of both European business and digital media brings us invaluable perspective and insight as we work to build and constantly improve our business all over the world,” Netflix CEO Reed Hastings said in a statement.
Mathias has been with Axel Springer Se since 1998, initially as editor-in-chief of Die Welt and, since 2000, as a member of the management board. Since he became CEO of Axel Springer in 2002 he focused on digital transformation, with revenues from digital activities increasing from €117m to €2.5bn, and digital now accounting for 80 percent of the company’s Ebitda.
- 9/18/2018
- by Dawn C. Chmielewski
- Deadline Film + TV
Investors gave Netflix’s stock a mild kick the morning after the subscription-video leader took home a company-record haul at the 2018 Primetime Emmy Awards.
Overall, Netflix nabbed 23 Emmys this year, tying it with HBO. Investors responded by pushing up the share price up as much as 2.5% in early trading Tuesday, after it opened up 0.8%. [Update: As of 12:05 p.m. Et, the stock was up 4.1%, to $364.66 per share.]
The stock increase came after Netflix shares fell 3.9% on Monday, to close at $350.35 per share. The historically volatile issue has declined in the past two months as investor mania for the company has cooled. It hit an all-time-high closing price July 9 of $418.97 per share, which briefly gave it a market cap bigger than Disney.
Netflix’s wins Monday night included Claire Foy (pictured above) taking the trophy for lead actress in a drama series for “The Crown” for her portrayal of Queen Elizabeth II. In total, “The Crown” won five Emmys. Among other Netflix originals, dystopian...
Overall, Netflix nabbed 23 Emmys this year, tying it with HBO. Investors responded by pushing up the share price up as much as 2.5% in early trading Tuesday, after it opened up 0.8%. [Update: As of 12:05 p.m. Et, the stock was up 4.1%, to $364.66 per share.]
The stock increase came after Netflix shares fell 3.9% on Monday, to close at $350.35 per share. The historically volatile issue has declined in the past two months as investor mania for the company has cooled. It hit an all-time-high closing price July 9 of $418.97 per share, which briefly gave it a market cap bigger than Disney.
Netflix’s wins Monday night included Claire Foy (pictured above) taking the trophy for lead actress in a drama series for “The Crown” for her portrayal of Queen Elizabeth II. In total, “The Crown” won five Emmys. Among other Netflix originals, dystopian...
- 9/18/2018
- by Todd Spangler
- Variety Film + TV
Before the media landscape gets upended or shareholders take up pitchforks, here’s a breakdown of some of the prominent pay packages from the top ranks of entertainment executives. For more on Variety’s media moolah cover story, click here.
LEslie Moonves chairman, president and CEO, CBS Corp. 2017 compensation median employee compensation pay ratio to median employee 2017 Total Shareholder Return five-year average annual compensation $69.3 million
-0.3% $116,654 595 -6.2% $64.0 million
Shakespeare’s love sonnets almost sound dreary compared with the gushing praise the CBS board has showered on Moonves in the company’s 2017 proxy statement. Directors admired his “outstanding leadership,” “vision,” “stellar reputation” on Wall Street and “contributions to the creative successes across the company’s portfolio of businesses.”
Directors’ faith in his golden touch is so absolute that they didn’t blame Moonves for the 6.2% drop in CBS’ adjusted stock price for 2017, although last year they were quick to give him...
LEslie Moonves chairman, president and CEO, CBS Corp. 2017 compensation median employee compensation pay ratio to median employee 2017 Total Shareholder Return five-year average annual compensation $69.3 million
-0.3% $116,654 595 -6.2% $64.0 million
Shakespeare’s love sonnets almost sound dreary compared with the gushing praise the CBS board has showered on Moonves in the company’s 2017 proxy statement. Directors admired his “outstanding leadership,” “vision,” “stellar reputation” on Wall Street and “contributions to the creative successes across the company’s portfolio of businesses.”
Directors’ faith in his golden touch is so absolute that they didn’t blame Moonves for the 6.2% drop in CBS’ adjusted stock price for 2017, although last year they were quick to give him...
- 5/8/2018
- by Brent Lang and David Lieberman
- Variety Film + TV
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