Time strikes a deal to funnel 101 years of journalism into OpenAI's gaping maw

Time has joined a growing number of publications to sign a licensing deal with OpenAI. The ChatGPT creator will legally be able to train its large language models on 101 years worth of the storied publication's journalism, as Axios first reported. OpenAI will also have access to real-time content from Time, with the apparent aim of answering user queries about breaking news. In return, OpenAI will cite Time and link back to source material on the publication's website. Perhaps Time will get a monetary kickback too, like other publishers that have shuffled over to OpenAI with a ragged cap in hand and an eye on one a new revenue source for struggling media companies. The Atlantic, Vox Media, Wall Street Journal publisher News Corp, the Financial Times, People magazine publisher Dotdash Meredith and the AP have also been enticed by some snake oil bank deposits from OpenAI. Time says the agreement builds on its "commitment to expanding global access to accurate and trusted information." It dropped its website paywall last year for the same reason. The magazine, which is now published on a biweekly basis after being hit hard by the impact of the internet on print advertising, says it will have access to OpenAI's tech to "develop new products for its audiences." Time will also "provide vital feedback and share practical applications to refine and enhance the delivery of journalism in ChatGPT and other OpenAI products and shape the future of news experiences." Some notable... Continue reading at 'Engadget'

[ Engadget | 2024-06-27 14:40:58 UTC ]
News tagged with: #ragged cap #revenue source #vox media #agreement builds #trusted information #biweekly basis #hit hard #print advertising #news experiences #thechicago tribune #partner microsoft #copyright infringement #magazine publisher

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'Scholastic deal unfair' say indies

Independent bookshops have expressed frustration over the relationship between Scholastic Book... Continue reading at The Bookseller

[ The Bookseller | 2013-03-08 00:00:00 UTC ]
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IPC says 'business as usual' as Time Warner plans to spin off publishing arm

IPC Media is focusing on not being distract by events outside of its control, as parent company Time Warner unveiled plans to spin off its magazine division Time Inc last night. Continue reading at Media Week

[ Media Week | 2013-03-07 00:00:00 UTC ]
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Sixty Years of Sterling Wisdom from the “Lord of Publishing”

Legendary literary agent Sterling Lord shares wisdom from his 60 years in publishing and reflects the current business, which he says is more like selling appliances than art. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-03-07 00:00:00 UTC ]
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BBC says no deal done yet for Lonely Planet

The BBC has denied "a deal has been done" to sell a majority stake in Lonely Planet,... Continue reading at The Bookseller

[ The Bookseller | 2013-03-04 00:00:00 UTC ]
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Human Events to Shutter Newspaper After 70 Years

Human Events, the venerable Washington-based conservative newspaper, will cease publishing its weekly print edition after nearly 70 years but will continue to operate its popular websites, the publisher announced Wednesday. Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-02-27 00:00:00 UTC ]
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Danish Publisher Network to Use Real Time Bidding

Denmark’s leading publishers are combining with Rubicon Project to launch The Danish Publisher Network, in order to offer their online inventory and data to advertisers via real-time trading. Publishers including Politiken, Jyllands-Posten, ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-02-26 00:00:00 UTC ]
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Infographic: A Five-Year Look at Magazine Editorial Salaries

Every year FOLIO: conducts a nationwide survey with mid and executive-level editors. The survey maps out salary ranges across a number of demographics including gender, age, location, company size, education and more. The infographic below provides an interactive breakdown on several key trends... Continue reading at Folio Magazine

[ Folio Magazine | 2013-02-26 00:00:00 UTC ]
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Profits fall at Penguin in 'momentous' year

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011).... Continue reading at The Bookseller

[ The Bookseller | 2013-02-25 00:00:00 UTC ]
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Six books compete for the prize of Oddest Book Title of the Year

The Bookseller magazine will be giving out the award for the thirty-fifth year in a row, with competitors including 'Goblinproofing One's Chicken Coop' and 'How To Sharpen Pencils.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-02-22 00:00:00 UTC ]
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Announcing the 2012 L.A. Times Book Prize finalists

The finalists for the 33rd L.A. Times Book Prizes were announced Thursday morning. Two authors -- Margaret Atwood and Kevin Starr -- will also receive special recognition. This post has been updated; see below for details. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-02-21 00:00:00 UTC ]
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Debut author gets 7-figure book deal

A debut author who graduated from the celebrated Iowa Writers' Workshop has a seven-figure book deal.HarperCollins announced Wednesday that it will publish Erika Johansen's Queen of the Tearling, a fantasy trilogy inspired in part by Barack Obama.A person with knowledge of the negotiations said... Continue reading at Crains New York

[ Crains New York | 2013-02-21 00:00:00 UTC ]
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Books in Translation: It’s Time for Others to Join the Fight

The publishers of UK's Stork Books argue that major publishers and the media in the UK and USA underestimate the audience for translated books and are making a big mistake. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-15 00:00:00 UTC ]
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European Publishers Council Issues Statement on the Google Deal in France

[PRESSWIRE] 14.02.2013 -- Meeting this week in Brussels, Members of the European Publishers Council criticised the deal between Google and French publishers clinched last week to settle the dispute over copyright, remuneration and article sni ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-02-14 00:00:00 UTC ]
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Fiercest Book Critic of 2012? Camilla Long Had The Year’s Sharpest Hatchet

The Guardian called it: "Camilla Long’s comprehensive shredding of Rachel Cusk’s memoir of her divorce, Aftermath has won her the Hatchet Job of the Year award.” Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-14 00:00:00 UTC ]
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Time Warner Considering Spinning Off Part Of Its Publishing Arm: Report

According to Fortune, the media giant is meeting with a reps from Meredith--but nothing's been confirmed. Could Time Warner be following in the steps of News Corp. and considering spinning off its publishing division? According to a report by Fortune (a Time Inc. publication), the media... Continue reading at Fast Company

[ Fast Company | 2013-02-14 00:00:00 UTC ]
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Frank Lampard signs kids' book deal

England footballer Frank Lampard is to write a series of children's books, says publisher Little, Brown. Continue reading at BBC News

[ BBC News | 2013-02-12 00:00:00 UTC ]
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Times Chicken House competition picks shortlist

Children's publisher Chicken House and the Times are on the way to choosing the title that... Continue reading at The Bookseller

[ The Bookseller | 2013-02-11 00:00:00 UTC ]
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Indie Reps: Changing with the Times

The fate of the independent sales representative may be inextricably linked to that of the independent bookstore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-02-08 00:00:00 UTC ]
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OUP title wins Political Book of the Year

The Day Parliament Burned Down has been named political book of the year at the Political Book... Continue reading at The Bookseller

[ The Bookseller | 2013-02-07 00:00:00 UTC ]
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Time Warner 4Q earnings up

Time Warner Inc. said Wednesday that net income grew 51% in the last three months of 2012 even as revenue was largely unchanged. Rising fees from cable and satellite companies and higher ad revenue at the TV networks offset revenue declines at its movie studio and magazine businesses.Net income... Continue reading at Crains New York

[ Crains New York | 2013-02-06 00:00:00 UTC ]
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