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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Daunt: 'Two years' to transform Waterstones

Waterstones managing director James Daunt has said it will take two years to transform the chain... Continue reading at The Bookseller

[ The Bookseller | 2013-02-04 00:00:00 UTC ]
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Time Inc. cuts some 500 jobs

Time Inc., the publisher of magazines including Time and Sports Illustrated, has begun eliminating about 6% of its head count—nearly 500 jobs—in the biggest round of cuts at the company since 2008."With the significant and ongoing changes in our industry, we must continue to transform our... Continue reading at Crains New York

[ Crains New York | 2013-01-30 00:00:00 UTC ]
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Hilary Mantel wins Costa Book of the Year

Hilary Mantel has won the Costa Book of the Year for her Man Booker-winning novel Bring Up the... Continue reading at The Bookseller

[ The Bookseller | 2013-01-30 00:00:00 UTC ]
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Top Magazine Media Deals of 2012

The year 2012 opened in dramatic fashion with magazine media-related deals. From Hanley Wood’s recapitalization to the final sell-off the remaining segments of what once was the massive Ziff Davis, 2012 saw its fair share of deals that involved traditional media brands as well as the... Continue reading at Folio Magazine

[ Folio Magazine | 2013-01-30 00:00:00 UTC ]
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Mantel wins Costa Book of the Year

Hilary Mantel wins the prestigious literary prize the Costa Book of the Year for her novel Bring Up the Bodies. Continue reading at BBC News

[ BBC News | 2013-01-30 00:00:00 UTC ]
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Macmillan tests selling ebooks to libraries in two-year stretches

Major publishers are taking wildly different approaches to resolving the woes surrounding ebook lending at libraries: they're experimenting with both the short-yet-cheap subscription as well as an expensive option to pay only once for perpetual use. Sure enough, we're now seeing the middle road.... Continue reading at Engadget

[ Engadget | 2013-01-26 00:00:00 UTC ]
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RoNA Romantic Novel of the Year shortlists

Katie Fforde (pictured), Jenny Colgan and Kate Morton are among the authors featuring on the... Continue reading at The Bookseller

[ The Bookseller | 2013-01-23 00:00:00 UTC ]
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The Roger Smith Cookbook Conference, Year Two

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[ Publishers Weekly | 2013-01-22 00:00:00 UTC ]
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Series deals for Titan

Titan Books has acquired a military science-fiction thriller, describing it as a “the... Continue reading at The Bookseller

[ The Bookseller | 2013-01-18 00:00:00 UTC ]
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Rupert Murdoch says Los Angeles Times purchase not a sure thing

Now that Rupert Murdoch is spinning off News Corp.’s publishing properties into a separate company, media observers have identified the Los Angeles Times as a likely target for acquisition. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-01-15 00:00:00 UTC ]
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A Look at a Year of Bestsellers

No one would have been able to predict at the start of 2012 that a BDSM erotic romantic trilogy—Fifty Shades—would set new records for book sales and change/spice up what women worldwide would admit to be reading, many for the first time. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-01-14 00:00:00 UTC ]
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McDonald's to offer £1 deal on 15m books

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[ The Bookseller | 2013-01-09 00:00:00 UTC ]
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Condé Nast Time Ends for Maurie Perl

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[ AdWeek | 2013-01-09 00:00:00 UTC ]
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MediaNext: Scaling Quality Journalism

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[ Folio Magazine | 2013-01-09 00:00:00 UTC ]
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It’s Time Publishing Tries Something Radical to Entice Readers

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[ Publishing Perspectives | 2013-01-04 00:00:00 UTC ]
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My New Year’s Resolution is to Dump Amazon, And Why I’ll Fail

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[ Publishing Perspectives | 2013-01-02 00:00:00 UTC ]
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Print book sales soar to three-year high

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[ The Bookseller | 2012-12-28 00:00:00 UTC ]
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Bookshop numbers halved in seven years, says research

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[ The Bookseller | 2012-12-27 00:00:00 UTC ]
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2012: the year of self-publishing

The most recent sign that self-publishing is on the rise? New York Times book critic Michiko Kakutani chose a self-released book as one of her favorite titles of the year. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-12-21 00:00:00 UTC ]
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Time Inc. names Nelson editor in chief

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[ Crains New York | 2012-12-19 00:00:00 UTC ]
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