Discover media insights, from journalism to social trends.
Artificial Intelligence (AI)
Moonvalley, an emerging force in the intersection of AI and film, has raised $84 million in a new funding round aimed at advancing its AI-powered video tools tailored for filmmakers and creative professionals. The round was led by existing investor General Catalyst and drew strategic backing from major Hollywood players,
Education
Educational publishing giant McGraw Hill is preparing to go public, targeting a valuation of $4.2 billion in an initial public offering (IPO), according to a company announcement on Monday, Reuters reported. Backed by private equity firm Platinum Equity, the company aims to raise up to $537 million by offering
Artificial Intelligence (AI)
Google is continuing to advance its AI-powered video tools, announcing the rollout of an image-to-video generation feature in its Gemini app. This new capability is powered by Veo 3, Google’s latest AI video generation model. The image-to-video feature allows users to turn still images into dynamic video clips directly
Artificial Intelligence (AI)
Amazon has secured new multi-year licensing agreements with media giants Hearst and Condé Nast, granting its AI shopping assistant, Rufus, access to a wide array of premium editorial content. As reported by Digiday, this partnership allows Amazon's AI to draw from the vast archives of influential publications such
Artificial Intelligence (AI)
Elon Musk’s artificial intelligence venture, xAI, has secured a massive $10 billion in combined debt and equity financing, according to a statement from Morgan Stanley. The raise—split evenly between secured notes and term loans, and strategic equity investments—is one of the largest ever for an AI startup
Artificial Intelligence (AI)
Midjourney, the renowned AI image generation startup known for its surreal visual style and Discord-only user base, has officially launched its first AI video generation model, V1. Announced on Wednesday, V1 marks the company’s debut in the fast-evolving world of AI-generated video, joining a competitive field alongside OpenAI’s
Media
Over the past year, Meta's Threads team has been steadily building toward deeper integration with the fediverse, a decentralized network of interconnected social platforms like Mastodon and Flipboard. Now, in what marks its most significant step yet, Threads is launching a dedicated feed for fediverse content and adding
Media
In a move that marks a significant shift for the world’s most popular messaging app, WhatsApp is officially introducing ads. Meta, WhatsApp’s parent company, announced on Monday that it will begin rolling out advertisements through the platform’s “Status” feature — its Stories-like function where users post disappearing text,
Media
As traditional cable TV continues to decline under the weight of cord-cutting, Warner Bros. Discovery (WBD) is taking a bold step to future-proof its business. The company announced plans to split into two publicly traded entities, a move aimed at maximizing the growth potential of both its streaming and legacy
Media
Ownership of The Telegraph, a pillar of British journalism with deep ties to the Conservative Party, is set to change hands once again. RedBird Capital Partners, a U.S.-based investment firm, announced it has reached an agreement in principle to acquire control of the Telegraph Media Group for approximately
Advertising
Months after limited ad testing in select markets, Meta has officially opened the ad floodgates for its Instagram-linked app, Threads. Starting now, eligible advertisers globally can place ads within the Threads feed, marking a significant step in Meta’s monetization strategy for the platform. With over 320 million monthly active
Artificial Intelligence (AI)
Character.AI, the fast-growing platform known for letting users chat and roleplay with AI-generated personalities, is taking a bold step into video. On Tuesday, the company announced AvatarFX, its new video generation model now in closed beta. The tool animates AI characters in a range of styles — from lifelike human