Tag: publishing

Vivendi to Explore Split Into Three Businesses
World

Vivendi to Explore Split Into Three Businesses

Vivendi will examine a possible split into three businesses around Canal+, Havas and an investment company.The French digital entertainment and communications company said its management board had proposed a study of the feasibility of a split into publicly-traded entities.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
ChatGPT Creator OpenAI to Pay Politico Parent for Using Its Content 
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ChatGPT Creator OpenAI to Pay Politico Parent for Using Its Content 

Updated Dec. 13, 2023 1:01 pm ETNews-publishing giant Axel Springer has inked a multiyear licensing deal with ChatGPT creator OpenAI, a significant milestone as media companies push for compensation for the use of their content in artificial-intelligence tools. Under the agreement, OpenAI will pay to use content from Axel Springer publications, which include Politico and Business Insider in the U.S. and European properties Bild and Welt, to populate answers in ChatGPT and train its AI tools. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm
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Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm

Updated Dec. 11, 2023 10:39 am ETVice Media Group Chief Marketing Officer Nadja Bellan-White will leave the company in mid-December to accept a role as chief executive of SS+K, a marketing and public affairs firm based in New York.Bellan-White will be the first person to hold the CEO title at SS+K, whose clients have included social-media company Meta Platforms, the Democratic National Committee and President Biden’s inaugural committee, according to the agency. She will report to co-founders and partners Lenny Stern and Rob Shepardson, with all senior managers reporting to Bellan-White.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Seven West Media Names CFO Howard to Replace Warburton as CEO
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Seven West Media Names CFO Howard to Replace Warburton as CEO

SYDNEY—Seven West Media said James Warburton will step down as chief executive before the end of the 2024 fiscal year and be replaced by the Australian media conglomerate’s chief financial officer.Seven West on Thursday said that Warburton had advised the company that he intended to quit as CEO and managing director. Jeff Howard, who has been CFO since January 2020, will transition into the roles by June 30, it said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring
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Blackpink’s Contract Renewal Sends Shares of K-Pop Label YG Soaring

YG Entertainment shares surged after the label behind K-pop girl group Blackpink renewed exclusive contracts with all four members of the multinational band.Shares of the South Korean talent company rose as much as 29% to 61,900 won ($47.12) in early afternoon trading, on track for their biggest daily percentage gain since listing in November 2011, according to FactSet.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Penguin Random House, Authors Sue Iowa Officials Over School Book Ban
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Penguin Random House, Authors Sue Iowa Officials Over School Book Ban

Updated Nov. 30, 2023 4:30 pm ETPenguin Random House has filed a federal lawsuit seeking to block school book banning in Iowa, the latest effort by publishers, authors and teachers to counter the removal of works from school classrooms and libraries.The legal action, filed Thursday in federal district court in the Southern District of Iowa, was prompted by a state law passed earlier this year that bans from school libraries or classrooms books that depict or describe sex acts. (Religious texts are exempt.) The law also bans books that address gender identity or sexual orientation for students in kindergarten through sixth grade.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Your Local Newspaper Might Not Have a Single Reporter
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Your Local Newspaper Might Not Have a Single Reporter

The Gleaner, the local newspaper in Henderson, Ky., has sections focused on features, sports, news and opinion.What it doesn’t have: a single reporter on staff.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Proxy Advisers and Double Standards
Business

Proxy Advisers and Double Standards

Gary Gensler has brought down the hammer on public companies that have allegedly misled investors. But when proxy advisers have done the same, the Securities and Exchange Commission Chairman looks the other way, as a new report by the American Council for Capital Formation (ACCF) documents.Glass Lewis and Institutional Shareholder Services provide asset managers, pension funds and university endowments with recommendations on how to vote on corporate proxy resolutions. They can assist institutional investors that lack in-house resources to conduct due diligence before voting on thousands of ballot measures. Together they make up about 90% of the proxy advisory market, and it’s a profitable business.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c...