Media News Daily: Top Stories for 12/06/2024

This page hosts daily news stories related to the media and journalism industry. Check back often, as new stories may be added throughout the day.


Judge Denies Fox News Request for Documents in Smartmatic Defamation Case

A judge has ruled that Smartmatic does not have to provide Fox News with information related to U.S. federal charges against its co-founder, Roger Piñate. Fox News sought the documents to bolster its defense in a $2.7 billion defamation lawsuit tied to its 2020 election coverage. The court deemed the charges against Piñate—concerning alleged bribery in the Philippines—irrelevant to the case. Fox is countersuing Smartmatic, claiming the lawsuit is an attack on journalistic freedom. (Read More) AP News Rating


Vox Media Implements Layoffs Amid Restructuring of Lifestyle Brands

Vox Media has announced layoffs and a restructuring of its lifestyle brands, including Thrillist, PS, and Eater. CEO Jim Bankoff cited the need to adapt to the rapidly changing media landscape as the primary reason for the reorganization. The company did not disclose the number of layoffs but emphasized its focus on long-term growth and audience engagement. (Read More) Adweek Rating


Dow Jones Secures AI Licensing Deals with Nearly 4,000 Publishers

Dow Jones has negotiated AI usage agreements with nearly 4,000 publishers for its Factiva platform, which now includes AI-generated summaries linked to original articles. The deals ensure compensation for content used in AI tools, setting a precedent amid ongoing legal disputes over AI’s use of copyrighted material. The move highlights Factiva’s transparency and trust-building efforts, contrasting sharply with accusations against AI companies like Perplexity and OpenAI for unauthorized content use. (Read More) Nieman Lab Rating


BBC Ends Financial Data Feeds as Part of Cost-Cutting Measures

The BBC has discontinued its financial market data feeds across its website, app, and TV services, citing budget constraints and the need to focus on other digital priorities. The move is part of broader cost-saving efforts totaling £700 million annually. The broadcaster will continue reporting major financial news stories but recommends alternative sources for real-time market data. (Read More) Press Gazette Rating


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