Inside Radio
Cumulus Media, parent of the Cumulus Podcast Network, has formed a partnership with Eon Media, to develop and artificial intelligence-powered audio projects, Inside Radio writes. The arrangement will leverage Cumulus’ podcast portfolio and its 395 broadcast radio stations.
NPR
Michigan legislators are considering measures to limit access by children to social media. State Senate Democrats on Wednesday introduced a package of bills called Kids Over Clicks that would, among other things, make AI companion chatbots inaccessible to children, NPR reports.
CBT Automotive News
Automotive advertising once relied on newspapers, radio, and basic performance marketing. Success was measured by vanity metrics like clicks and impressions, Jason Goldberg, general manager of automotive at The Trade Desk, says in an interview with CBT Automotive News. Today, programmatic advertising can help dealers reach potential buyers earlier in the customer journey, Goldberg asserts.
Santa Fe Reporter
New Mexico has introduced a bill called the Artificial Intelligence Accountability Act that would regulate generative AI and synthetic media, or deepfakes, the Santa Fe Reporter writes. The law, which is designed to protect state residents from AI-enabled harm, would require increased transparency and use of modern enforcement tools.
Inside Radio
Nielsen has won a temporary victory in its lawsuit with Cumulus Media. The U.S. Appeals Court has stayed a lower court ruling that blocked it from linking national and local market ratings. The stay will be in effect while a more permanent stay is considered by a three-judge panel, Inside Radio reports.
Financial Times
Financial strength will determine the winners and losers in the media industry, said Jon Miller, the former chief executive of AOL, according to Financial Times. The era of “big money media” has begun. “Access to capital is now the single biggest factor [of success], not creative talent or programming, which used to be the determinant,” Miller said.
Radio Ink
AdLarge Media, an audio media firm, has added senior staff following its purchase of Inlet Media. Patrick Cedrowski, the co-founder of Inlet Media will become chief technology officer of AdLArge and the fwd. network, a new position. And Inlet Media co-founder Brian Egan has been named vice president and head of product.
Search Engine Roundtable
Most advertisers have included Microsoft Advertising in their marketing mix or are planning to do so, a LinkedIn poll shows. Of the 200 respondents, 42% are already using Microsoft Advertising, and 36% plan to, according to Search Engine Roundtable.
The New York Times
The German media giant Axel Springer has had a shakeup in its editorial management. Jan Philipp Burgard, the editor in chief of Welt, left after allegations of inappropriate behavior toward female employees at a Christmas party last year, sources reported, according to The New York Times. Burgard said in a linked-in post that he decided to leave after needing medical attention during a plane flight. Axel Springer also owns U.S. brands like Politico and Business Insider.
Lehigh Daily
Lehigh Valley Public Media has has announced a layoff and significant operational changes in response to a $1.8 million loss, Lehigh Daily News reports. The nonprofit will now focus on newsletters supported by podcasts. Among other things, it lost roughly $1 million in funding from the Corporation for Public Broadcasting, 20% of its budget.