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Perplexity Responds to News Corp Lawsuit, Defending AI Technology in Content Dispute

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AI startup Perplexity responded Thursday to News Corp’s recent lawsuit, which alleges that the company committed large-scale copyright violations by republishing content from Dow Jones and the New York Post. The lawsuit is part of a wider backlash against generative AI tools from prominent media companies, including Forbes, The New York Times, and Wired, which argue that these tools exploit journalistic content for profit. Perplexity’s blog post suggests that the media industry’s criticisms stem from a desire to control information, stating, “They prefer a world where publicly reported facts are owned by corporations.” This response marks a more combative stance for Perplexity, contrasting with the startup’s previously cooperative engagement with the media organizations that contribute to its AI-powered search engine. While Perplexity argued that the lawsuit is “shortsighted” and “self-defeating,” the post notably did not address the primary accusation of the lawsuit: that Perplexity allegedly copies extensive portions of articles, effectively competing with news publishers for the same audience. Instead, the company accused News Corp of sensationalizing claims to sway public opinion. Interestingly, Perplexity pointed out News Corp’s partnership with OpenAI, which integrates its content with ChatGPT, to illustrate that many media companies are not entirely opposed to AI partnerships. Perplexity also highlighted its own revenue-sharing programs with outlets like Time, Fortune, and Der Spiegel, suggesting that some media companies are open to AI collaborations under mutually beneficial terms. The post additionally challenged claims made by News Corp, arguing that its portrayal of Perplexity’s practices is misleading and noting that they have responded to the media company’s outreach. The case is set to progress in court, where Perplexity’s defense is likely to present more in-depth arguments, potentially reshaping the AI and media landscape further. Source: techcrunch

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RSS Launches News Services in Regional Languages, Gorkhapatra Introduces Ranatharu Page

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The state news agency, Rashtriya Samachar Samiti (RSS), has launched news services in Maithili, Awadhi, Bhojpuri, and Tharu languages, marking a significant step towards promoting regional languages in Nepal. Additionally, the state-run Nepali newspaper Gorkhapatra introduced a new page dedicated to the Ranatharu language. The launch was inaugurated by Minister for Communications and Information Technology, Prithvi Subba Gurung, in Kathmandu. Minister Gurung emphasized that these initiatives align with the Ministry’s 100-day targets and reflect Nepal’s federal structure, which recognizes the country’s linguistic diversity. He noted the importance of promoting and protecting regional languages in Nepal’s multi-ethnic landscape, highlighting the role of state-supported media in this effort. RSS Executive Chairman, Dharmendra Jha, expressed pride in launching Maithili and Nepal Bhasa news services, recognizing the long-standing journalistic traditions of these languages. Maithili journalism boasts a 120-year history, while Nepal Bhasa has a legacy spanning 100 years. The addition of Bhojpuri, Tharu, and Awadhi news services further underscores the agency’s commitment to serving Nepal’s diverse communities. Chairman Jha emphasized the right of citizens to access public-interest information in their mother tongue through state-funded media. Currently, RSS provides news in both Nepali and English, with the new services adding to its multilingual offerings. The introduction of a Ranatharu-language page in Gorkhapatra marks another milestone in promoting Nepal’s regional languages, supporting the literary development of these linguistic communities. These efforts by RSS and Gorkhapatra aim to foster inclusion and preserve Nepal’s rich linguistic heritage. Source: DD News

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International Cricket Returns to Kashmir, Boosting Joy and Local Economy

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After a 40-year hiatus, international cricket made a historic return to Kashmir, filling the region with excitement and hope for the future. The recently concluded Legends League Cricket (LLC) T20 tournament in Srinagar’s Bakshi Stadium brought joy to cricket fans and stimulated the local economy, reigniting interest in international sporting events in the Valley. A New Experience for Kashmiris For Mohammad Basit, 25, returning home past midnight after watching a live match in Srinagar was a surreal experience. In a region where nightlife is rare due to years of conflict, the late-night atmosphere during the LLC matches provided an exhilarating shift for Kashmir’s youth, many of whom were born after the 1990s. “The announcement of the Legends League Cricket event in September thrilled me to the core,” Basit said. The LLC, a T20 cricket league featuring former international players, marked the revival of major cricket events in the Valley. Seven matches of the league’s third edition were played at the recently revamped Bakshi Stadium, which drew in thousands of fans from across the region. The final match between Southern Super Stars and Konark Suryas Odisha on Wednesday evening was a thrilling spectacle, with the stadium packed with over 27,000 enthusiastic spectators. A Thrilling Finale and Hope for IPL The Southern Super Stars triumphed in a dramatic Super Over, lifting the trophy in front of cheering fans. Mohammad Shahid, one of the attendees, expressed his excitement: “It was the first time I saw my favourite cricketers like Yusuf Pathan and Martin Guptill live in action.” Fans carried placards reading “IPL: Kashmir is ready” and “Kashmir wants King Kohli,” expressing hopes that the Indian Premier League (IPL) would soon come to the Valley. The current reception to the LLC was in stark contrast to the two ODI matches held in Kashmir in the 1980s, where tensions marred the atmosphere. Today, the Valley is eager to host more international events, reflecting a positive shift in public sentiment. “There has been a significant change now. The people want international events to be organised here,” said Mohammad Rafi, a local resident. Economic Boost from Sporting Events Beyond the joy for cricket fans, the LLC event provided a much-needed boost to local businesses. Hotels, restaurants, and transport services saw increased activity as spectators traveled to Srinagar from various parts of the country. Sheikh Ashiq, a prominent businessman and former president of the Kashmir Chamber of Commerce and Industries (KCCI), said, “These events have a positive impact on business. We are looking forward to hosting more such events.” Source: hindubusinessline

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Bahraich Police Warns Right-Wing Media Against Spreading Fake News Amidst Communal Clashes

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Following the recent communal clashes in Bahraich, Uttar Pradesh, local police have issued strict warnings against the dissemination of fake news, particularly by certain right-wing media outlets. The violence, sparked by a dispute over loud music during the Durga idol immersion procession on October 13, led to the death of 22-year-old Ram Gopal Mishra and left several others injured. Media outlets, including Aaj Tak and Zee News, have come under fire for allegedly spreading misleading information regarding Mishra’s death. Reports claimed that Mishra was subjected to brutal torture, including electric shocks and mutilation, before his death. Sudhir Chaudhary, a well-known journalist with a history of controversial reporting, echoed these false reports on Aaj Tak, suggesting Mishra’s death was the result of unprecedented violence against Hindus. The Bahraich police were quick to debunk these claims, stating that Mishra had died from gunshot wounds after being shot 20 times during the clashes. A video surfaced showing Mishra storming into a Muslim household and vandalizing the property before being shot. The police confirmed that the cause of death was solely due to bullet injuries, with no evidence of torture or mutilation. In response to the misinformation circulating on social media, the Bahraich police have issued public warnings on their official X-page, urging people not to spread false narratives that could escalate communal tensions. They emphasized that legal action would be taken against those found guilty of disseminating misleading information. The police clarified the situation through a statement: “Misinformation like electrocuting the deceased, killing him with a sword, and pulling out nails was spread on social media to disturb communal harmony. The postmortem clearly shows the cause of death was gunshot wounds. We urge everyone to refrain from spreading rumours and maintain peace.” The clashes and subsequent riots led to the suspension of internet services in Bahraich to prevent further unrest. Over 55 people have been detained, and the situation, while still tense, is gradually returning to normal. BJP MLA Shalabh Mani Tripathi also added fuel to the fire by targeting Muslim journalists in a controversial post, questioning their impartiality and accusing them of protecting rioters. His actions have been criticized for exacerbating communal tensions at a time when efforts are being made to restore peace. Source : Siasat Daily

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Cyprus Halts Fake News Law to Consult Media Stakeholders

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The Cypriot government has paused the passage of a controversial law aimed at criminalizing fake news and offensive content to consult with media stakeholders. The move comes after growing concerns from the Media Freedom Rapid Response (MFRR) consortium and local media organizations about the potential impact on press freedom. The draft law, which seeks to amend the country’s Criminal Code to curb disinformation, has sparked fears of self-censorship and restrictions on independent journalism. In response, the Cypriot Minister of Justice has scheduled a meeting on October 11, 2024, to discuss the issue with representatives from key media organizations, including the Union of Cyprus Journalists and the Cyprus Committee of Media Ethics. The International Press Institute (IPI), part of the MFRR, has also published an analysis of Cyprus’ media landscape, warning that such laws risk stifling free expression. The MFRR is advocating for media regulations that promote transparency without punitive measures. They have called on the government to withdraw the proposed amendment and ensure alignment with international standards on press freedom. Source: IPI Media  

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Nagarjuna to File Rs 100 Crore Defamation Suit Against Konda Surekha Over Divorce Remarks

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Telugu superstar Nagarjuna has announced his intention to file a Rs 100 crore defamation suit against Telangana Congress leader Konda Surekha. This follows her controversial remarks linking the divorce of actors Samantha Ruth Prabhu and Naga Chaitanya to a political figure, which sparked outrage across the Telugu film industry. Konda Surekha’s comments, which implicated Telangana minister K.T. Rama Rao (KTR) as the cause of the couple’s 2021 separation, quickly drew sharp criticism. While she has since withdrawn her remarks and issued an apology to Samantha Ruth Prabhu, Nagarjuna, Naga Chaitanya’s father, rejected the apology, stating that his family had not received any acknowledgment or apology. Nagarjuna, who had already filed a criminal defamation lawsuit earlier, confirmed to Times Now that he is preparing another Rs 100-crore defamation suit. He expressed his frustration, saying, “The slander has gone far beyond just me and my family.” He added, “What about my family? Not a word of apology to me and to my family!” The actor also emphasized that the entertainment industry should no longer be a “soft target” for political gains, stating, “You can’t use our names for political gains. We in the entertainment industry won’t be soft targets anymore.” The controversy erupted when Surekha, during a political dispute, took the names of Samantha and Naga Chaitanya, linking their personal lives to political figures. The remarks triggered strong reactions from the Telugu film industry, with prominent figures showing solidarity with Nagarjuna and his family. As the row intensified, the Telangana Congress unit intervened, asking the film industry to move on from the controversy after Surekha retracted her statements. However, Nagarjuna’s defamation suit indicates that the matter is far from over. Despite Surekha’s apology, Nagarjuna remains resolute, stating that such actions should not be taken lightly, particularly when they involve personal and family matters. The lawsuit aims to send a clear message that such defamation will not be tolerated within the entertainment industry. Source: Deccan Herald

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Micro Dramas Emerge as China’s New Disruptor in Global Entertainment

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After TikTok’s global impact, China’s latest disruptor in the entertainment space is micro dramas—ultra-short fiction content created for mobile consumption. These digital-native shows, typically consisting of 60-100 episodes, with episodes lasting between 30-120 seconds, are capturing global attention. The micro-drama market, excluding China, is already worth $2 billion annually and is expected to double by 2025. China, however, leads the micro-drama revolution, with its market projected to be growing at an astonishing 250% annually. In 2023, the Chinese micro-drama sector grossed $5.2 billion, almost equaling the size of the country’s theatrical cinema market. Platforms like Kuaishou and Douyin (TikTok’s sister app) are driving this boom, delivering professionally produced, highly engaging short-form content. Micro dramas differ from user-generated content on social media platforms like Instagram Reels or YouTube Shorts. These are scripted, professionally-produced shows, with story beats and arcs similar to full-length series, but condensed for on-the-go consumption. They feature a mix of genres, ranging from vampire love stories to time-traveling chefs, appealing to a vast audience. Production costs for micro dramas are relatively low—around a few thousand dollars per episode—and turnaround times are fast, with some shows being produced in just two to three months. The monetization models are varied, including ad-supported video-on-demand (AVOD), subscription (SVOD), and freemium models, which are reminiscent of China’s dominant video game business. Notable players include ReelShort, which dominates the U.S. market with backing from Tencent and Baidu. Chinese micro-drama apps saw significant international traction in early 2024, with 30 million downloads and $71 million in revenue. Despite concerns about the simplicity and formulaic nature of many micro dramas, the format is rapidly expanding across East and Southeast Asia, with growing interest in the U.S. The business is still evolving, with low barriers to entry allowing non-traditional media players to compete with established entertainment giants. As the micro-drama trend continues to grow, it promises to reshape global media consumption, offering a fast, affordable, and scalable way to engage audiences on mobile platforms. Source: Variety. Com

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Media & Entertainment Stocks Surge; Saregama, Tips Films Rally Up to 20%

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Shares of media and entertainment (M&E) companies surged in Wednesday’s intraday trade, with several stocks rallying up to 20%. Companies such as Saregama India, Tips Films, Mukta Arts, Pritish Nandy Communications, and Zee Entertainment Enterprises saw significant gains, supported by strong volumes in an otherwise range-bound market. Among the top performers, Saregama India hit a record high of Rs 622 per share, marking a 17% rally. The stock has soared 80% since April 2024, reflecting strong investor confidence in its evolving business model, which focuses on digital monetization through over-the-top (OTT) platforms and licensing income. Analysts expect the company’s profitability to remain robust due to increasing digital content consumption. Tips Films also hit the upper circuit, gaining 20% and closing at Rs 658. The company, known for producing and distributing films and web series, has projected an ambitious growth path. In its FY24 annual report, Tips Films emphasized its plan to produce 5 to 6 films per year, signaling strong prospects for content demand. Subhash Ghai’s Mukta Arts also saw a 20% rally, reaching Rs 97.09 after the company announced a new agreement with Zee Entertainment Enterprises for the satellite and media rights of 37 films, effective from 2027. Although the transaction value was not disclosed, the deal was reportedly 25% more lucrative than previous agreements. The media sector, as a whole, is experiencing strong growth, with the Indian M&E industry projected to reach Rs 23,800 crore by 2026. Analysts point to growing demand for Hindi films and digital content, alongside expanding revenue from tier-II and III cities and international markets. Shares of Pritish Nandy Communications also hit a 52-week high, locked at a 20% upper circuit at Rs 79.16, driven by the company’s successful ventures in film and digital series production. As per the FICCI-E&Y Report, the M&E sector is expected to grow by 10% annually, reaching Rs 3.08 trillion by 2026, with digital media leading the charge in content consumption. Source: Business Standard

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Bangladesh Faces Potential ICC Sanctions for Slow Over Rate in India Test

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Bangladesh, after a strong start against India in the first Test in Chennai, could face sanctions from the International Cricket Council (ICC) for failing to meet the required over rate. Despite reducing India to 34 for 3 and 144 for 6, a brilliant partnership between Ravichandran Ashwin (102*) and Ravindra Jadeja (86*) helped the hosts recover to 339 for 6 by the end of Day 1. However, Bangladesh’s woes extended beyond their faltering grip on the game, as the team was 10 overs short of their target, despite being granted an additional half-hour to complete their quota. This shortfall could result in ICC penalties under Article 16.11.2 of the World Test Championship (WTC) playing conditions, which mandates the deduction of one WTC competition point for each penalty over a team incurs. This isn’t the first time Bangladesh has faced such issues. Last month, they were docked three WTC points and fined 15% of their match fee for being three overs short in their Test match against Pakistan. The repeat offense could see harsher penalties from the ICC. Cricket commentator Harsha Bhogle expressed his disappointment, stating, “It has to be unacceptable,” referencing Bangladesh’s failure to complete even 80 overs despite the time extension. Bangladesh bowled 23 overs in the first session, 25 in the second, and 32 in the final session. As Bangladesh looks to recover in the Test match, the looming threat of sanctions adds to the pressure on the team, which could see crucial WTC points slip away due to slow over rates. Source: NDTV

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Zee Entertainment Shareholders Approve Plan to Raise ₹2,000 Crore

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Zee Entertainment Enterprises Ltd. (ZEEL) shareholders have approved a plan to raise ₹2,000 crore through various financial routes, including equity shares and qualified institutions placements (QIPs). The special resolution, which allows the company to issue securities for an amount not exceeding ₹2,000 crore, was passed with 78.83% of the total votes, according to a scrutinizer’s report filed by Zee. The remote e-voting process for the special resolution began on Sunday and concluded on Monday, July 15, 2024, at 5 pm. ZEEL plans to raise the funds in one or more tranches through methods such as private placements, qualified institutional placements, preferential issues, or a combination of these options. While the company has not yet disclosed specific plans for the raised amount, industry experts expect it will be partially allocated toward business expansion. This fundraising comes after the termination of a merger agreement between Sony Corporation and ZEEL to combine their entertainment businesses in India. Following the deal’s termination, ZEEL announced a strategic realignment of its revenue verticals under the direct guidance of its MD and CEO. Karan Taurani, SVP at Elara Capital, commented on the development, stating, “This move could improve investor confidence, depending on the quality of the investors involved.” He added, however, that further clarity is needed on the fund’s potential utilization and the exact method through which it will be raised. Source: Business Standard

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