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Condé Nast and OpenAI have reached an agreement that will give the AI company access to content from the publisher’s properties. The deal will permit OpenAI to surface stories from outlets including The New Yorker, Vogue and Vanity Fair in both ChatGPT and the new SearchGPT prototype. “It’s crucial that we meet audiences where they are and embrace new technologies while also ensuring proper attribution and compensation for use of our intellectual property,” Condé Nast CEO Roger Lynch wrote in a company-wide email. Noting the financial losses publishers are facing, Lynch said the partnership with OpenAI “begins to make up for some of that revenue, allowing us to continue to protect and invest in our journalism and creative endeavors,” Publishers who have struck similar deals with OpenAI include the Associated Press, Axel Springer, The Atlantic, Financial Times and News Corp.
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ABC News names Almin Karamehmedovic, senior executive producer of “World News Tonight with David Muir,” to serve as its next president. The promotion expands his responsibilities to include such programming as “Good Morning America,” “20/20” and “Nightline.” He will also oversee the ABC News Studios division as well as the network’s coverage of the upcoming presidential debate and election. Karamehmedovic succeeds Kim Godwin, who announced her exit in May. He began started with ABC News on a freelance basis in London in 1998, joining “Nightline” in 2008 and servingd as its executive producer before joining “World News Tonight.”
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Time magazine is laying off 22 staffers. The cuts affect its editorial, technology, sales & marketing departments, in addition to Time Studios. In an Aug. 20 memo to staff announcing the layoffs, Time CEO Jessica Sibley cited lower advertising budgets, competition and shifts in consumer behavior as among the factors leading to the decision. “We are making changes now across our business to protect against this period of transformation and unpredictability in the media industry,” she wrote. The announcement follows the axing of about 15 percent of the magazine’s staff in January.
Michael Kaminer, who was responsible for the Observer’s “Power List” for the past 13 years, has cut ties with the publication... The New York Times Company continues the march toward its goal of 15 million subscribers by the end of 2027... The John D. and Catherine T. MacArthur Foundation is providing more than $6 million in funding to eight organizations working to address the challenges local news and information environments face along the U.S.-Mexico border.
Conservative outlets Fox News, Newsmax and the Daily Caller are holding back from signing Pete Hegseth’s edict restricting press access in the Pentagon... CBS News sees the first executive departure of the Bari Weiss era as head of standards and practices Claudia Milne exits... Indiana University shuts down the print version of The Indiana Daily Student.
Rothschild family plans to unload 26.7 percent stake in The Economist... STAT, a digital media company that focuses the life sciences, brings back Damian Garde, who anchored its biotech newsletter and podcast from 2016 to 2024... High Times officially resumes print publication (following its 2024 shutdown) with the release of a limited-edition, collectible 50th anniversary issue. 
CBS News is set to hand over its reins to The Free Press co-founder Bari Weiss as Paramount acquires her site for $155M... C-SPAN comes on board as an official media partner of the U.S. Semiquincentennial Commission, which is charged by Congress to lead the celebration of the 250th anniversary of the signing of the Declaration of Independence... A new Gallup survey says that the level of trust that US audiences have in the media has hit a new low.
Paramount Skydance CEO David Ellison has named Kenneth Weinstein, former head of the conservative Hudson Institute, as ombudsman for CBS News.
