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Penske Media

All articles tagged with #penske media

business1 month ago•7 min saved

HFPA labels Golden Globes sale a sham to forge a media monopoly

The Hollywood Foreign Press Association filed an antitrust suit seeking at least $150 million against Jay Penske, Penske Media, Todd Boehly and the Golden Globe Foundation, alleging the 2023 sale of the Golden Globes was a fraud-tainted sham designed to devalue the organization and enable a pay-to-play monopoly over Hollywood trades, FYC advertising, and awards; the suit describes the formation of a for‑profit Golden Globes LLC under Eldridge and alleged improper use of charitable assets, while Penske Media disputes the claims.

via Los Angeles Times|

#antitrust #business #golden-globes

business1 month ago•18 min saved

HFPA Sues Penske Media Over Golden Globes Deal, Claiming Monopoly Scheme

The Hollywood Foreign Press Association filed a California federal lawsuit against Penske Media, alleging a clandestine plan to acquire the Golden Globes and monopolize the Hollywood trades. The HFPA seeks at least $150 million and an order unwinding the acquisition, arguing claims including monopolization, unjust enrichment and fraudulent misrepresentation, and noting industry Boycott pressure that followed the deal’s closing more than three years ago.

via The Hollywood Reporter|

#business #golden-globes #hfpa

business1 year ago•2 min saved

Publishers Sue Google Over AI Summaries Impacting Traffic

Penske Media, publisher of Rolling Stone, has sued Google over its AI Overviews feature, claiming it reduces traffic and revenue by providing summaries that discourage users from clicking through to original content, and argues this practice benefits Google illegally. The case highlights ongoing conflicts between content creators and AI-powered search features, with other publishers also taking legal action against similar practices.

via The Verge|

#ai-overviews #business #content-theft

business1 year ago•3 min saved

Penske Media Sues Google Over AI Search Summaries

Penske Media Corporation has sued Google, accusing the tech giant of illegally using news publisher content to create AI summaries that harm their business, and of coercing publishers into allowing content republishing and training AI models, which has led to declines in traffic and revenue for publishers like Rolling Stone.

via TechCrunch|

#ai-overviews #ai-summaries #business

business1 year ago•3 min saved

Penske Media Sues Google Over AI Summaries Impacting News Traffic

Penske Media has sued Google, alleging that AI-generated summaries using their content reduce traffic and revenue, and that Google ties search visibility to the use of publisher content without proper compensation, raising concerns over market dominance and the future of digital media.

via Reuters|

#ai-overviews #antitrust #business

entertainment1 year ago•0 min saved

Taylor Sheridan's 'Landman': A Gritty Dive into the Texas Oil Industry

The premiere episode of 'Landman' starring Billy Bob Thornton has aired, marking the start of the new series. The show is being covered by Penske Media Corporation, which uses various technologies to collect user data, as outlined in their updated Privacy Policy and Terms of Use.

via TVLine|

#billy-bob-thornton #entertainment #episode-recap