Several leading news organizations with access to Pentagon briefings have formally said they will not agree to a new defense department policy that requires them to pledge they will not obtain unauthorized material and restricts access to certain areas unless accompanied by an official. The Guardian: The policy, presented last month by the defense secretary, Pete Hegseth, has been widely criticized by media organizations asked to sign the pledge by Tuesday at 5pm or have 24 hours to turn in their press credentials. The move follows a shake-up in February in which long-credentialed media outlets were required to vacate assigned workspaces which was cast as an "annual media rotation program." A similar plan was presented at the White House where some briefing room spots were given to podcasters and other representatives of non-traditional media. On Monday, the Washington Post joined the New York Times, CNN, the Atlantic, the Guardian, Reuters, the Associated Press, NPR, HuffPost and trade publication Breaking Defense in saying it would not sign on to the agreement.

Read more of this story at Slashdot.

Paramount has acquired The Free Press, Bari Weiss's Substack-born media outlet, for $150 million and appointed Weiss as editor-in-chief of CBS News. The move effectively places a conservative-leaning Substack writer at the helm of a legacy news network, following the FCC's approval of the Skydance-Paramount merger, which required CBS to feature a broader "diversity of viewpoints from across the political and ideological spectrum." The Verge reports: Before starting The Free Press, Weiss worked as an op-ed and book review editor at The Wall Street Journal from 2013 to 2017 and later became an op-ed editor and writer at The New York Times to expand the publication's stable of conservative columnists during Donald Trump's first term. She resigned from the NYT in 2020, citing an "illiberal environment." Weiss started a Substack newsletter in 2021, called Common Sense, which later evolved into The Free Press, touting itself as a media company "built on the ideals that were once the bedrock of great American journalism." As noted in the press release, The Free Press has grown its revenue 82 percent over the past year, while subscribers increased 86 percent to 1.5 million, 170,000 of which are paid subscriptions.

Read more of this story at Slashdot.

Americans' confidence in the mass media has edged down to a new low, with just 28% expressing a "great deal" or "fair amount" of trust in newspapers, television and radio to report the news fully, accurately and fairly, according to Gallup. From the report: This is down from 31% last year and 40% five years ago. Meanwhile, seven in 10 U.S. adults now say they have "not very much" confidence (36%) or "none at all" (34%). When Gallup began measuring trust in the news media in the 1970s, between 68% and 72% of Americans expressed confidence in reporting. However, by the next reading in 1997, public confidence had fallen to 53%. Media trust remained just above 50% until it dropped to 44% in 2004, and it has not risen to the majority level since. The highest reading in the past decade was 45% in 2018, which came just two years after confidence had collapsed amid the divisive 2016 presidential campaign.

Read more of this story at Slashdot.

Roku plans to dramatically expand its advertiser base from 200 to 100,000 companies using generative AI tools, CFO Dan Jedda told investors at recent conferences. The streaming platform, which commands over 20% of US TV viewing and reaches half of broadband households, is currently "roughly half sold out" on ad inventory. Jedda said small businesses can create commercials "within minutes" using AI tools Roku has integrated into its self-serve platform.

Read more of this story at Slashdot.

Bending Spoons has entered a definitive agreement with Vimeo to purchase the video platform for $1.38 billion. From a report: Per the agreement, Bending Spoons will acquire Vimeo in an all-cash transaction and take Vimeo (VMEO), a public company, private. Vimeo shareholders will receive $7.85 per share in cash when the transaction closes. [...] Vimeo, once a significant player in the streaming video space, has lost massive ground to other platforms, including YouTube, in recent years. Rather than fight a losing battle in the creator space, Vimeo has catered more toward business and enterprise users lately.

Read more of this story at Slashdot.

The narrative podcast industry that exploded after Serial's 2014 debut has largely collapsed. Pineapple Street Studios shut down in June after producing hits like Missing Richard Simmons. Amazon dismantled Wondery in August, laying off 110 employees less than five years after acquiring the studio for $300 million. Spotify terminated Gimlet in 2023 despite paying $230 million for the company in 2019. Major outlets including Pushkin Industries and This American Life have conducted layoffs. Talk shows and celebrity podcasts continue growing while investigative audio series struggle to find funding. Edison Research reports 55% of Americans consumed podcasts last month, but advertising dollars are flowing to cheaper chat formats rather than resource-intensive narrative productions.

Read more of this story at Slashdot.

AI Overviews have lowered click-through traffic to Daily Mail sites by as much as 89%, the publisher told a UK government body that regulates competition. So they've joined other top news organizations (including Guardian Media Group and the magazine trade body the Periodical Publishers Association) in asking the regulators "to make Google more transparent and provide traffic statistics from AI Overview and AI Mode to publishers," reports the Guardian: Publishers — already under financial pressure from soaring costs, falling advertising revenues, the decline of print and the wider trend of readers turning away from news — argue that they are effectively being forced by Google to either accept deals, including on how content is used in AI Overview and AI Mode, or "drop out of all search results", according to several sources... In recent years, Google Discover, which feeds users articles and videos tailored to them based on their past online activity, has replaced search as the main source of click-throughs to content. However, David Buttle, founder of the consultancy DJB Strategies, says the service, which is also tied to publishers' overall search deals, does not deliver the quality traffic that most publishers need to drive their long-term strategies. "Google Discover is of zero product importance to Google at all," he says. "It allows Google to funnel more traffic to publishers as traffic from search declines ... Publishers have no choice but to agree or lose their organic search. It also tends to reward clickbaity type content. It pulls in the opposite direction to the kind of relationship publishers want." Meanwhile, publishers are fighting a wider battle with AI companies seeking to plunder their content to train their large language models. The creative industry is intensively lobbying the government to ensure that proposed legislation does not allow AI firms to use copyright-protected work without permission, a move that would stop the "value being scraped" out of the £125bn sector. Some publishers have struck bilateral licensing deals with AI companies — such as the FT, the German media group Axel Springer, the Guardian and the Nordic publisher Schibsted with the ChatGPT maker OpenAI — while others such as the BBC have taken action against AI companies alleging copyright theft. "It is a two-pronged attack on publishers, a sort of pincer movement," says Chris Duncan, a former News UK and Bauer Media senior executive who now runs a media consultancy, Seedelta. "Content is disappearing into AI products without serious remuneration, while AI summaries are being integrated into products so there is no need to click through, effectively taking money from both ends. It is an existential crisis." "At the moment the AI and tech community are showing no signs of supporting publisher revenue," says the chief executive of the UK's Periodical Publishers Association...

Read more of this story at Slashdot.

An anonymous reader shares a report: Adobe is bringing its video editor Premiere to iPhone, promising "pro-level" editing on the go for free. The app will launch later this month, with an Android version also under development. The Premiere app features a familiar multi-track timeline, with support for an unlimited number of video, audio, and text layers. There's automatic captioning, 4K HDR support, and one-tap exporting to TikTok, YouTube Shorts, and Instagram -- including automatic resizing that frames content for each platform. The iOS version of Premiere will be free to download and use, though Adobe says there will be charges for additional cloud storage and generative AI credits. Speaking of, it includes support for Adobe's generative sound effects and AI-powered speech enhancement, plus a wider range of AI assets generated through Adobe Firefly. If you'd rather not use AI content, there's a selection of Adobe fonts, along with images, sounds, music, and video assets that are free to use.

Read more of this story at Slashdot.