Media Roundup: Adobe launches ‘safe’ AI, Stars demand streaming quotas, OpenAI turns for-profit, Variety CEO exits, Fawlty Towers star dead

See the top industry stories trending today.

AI

Adobe pushes ‘safe’ AI tools for creators

The Australian Financial Review’s Amelia McGuire writes Adobe is taking aim at Canva again, unveiling AI tools it says are safe for commercial use -no copyright scares, no lawsuits.

The long-time design giant is pitching its tech as a risk-free option for big brands navigating AI’s creative grey zones.

Aussie screen stars call for streaming quotas

Big names including Bryan Brown, Marta Dusseldorp and Ryan Corr hit Parliament House yesterday, urging the government to deliver on its promise of local content quotas for streamers.

As David Knox reports for TV Tonight, they were joined by independents Zali Steggall, Allegra Spender and Sophie Scamps, they presented a Save Australian Stories petition signed by nearly 12,000 Australians.

OpenAI goes fully for-profit

The BBC’s Lily Jamali writes that OpenAI has officially become a for-profit company, opening the door to billions in new investment and a possible stock market debut.

The shift cements its move from research lab to major AI player.

Media

Variety CEO Michelle Sobrino-Stearns exits

Variety CEO and Group Publisher Michelle Sobrino-Stearns will step down next month after nearly three decades with the entertainment brand.

As the publication’s William Earl details, she’s leaving to join a startup fashion venture, fulfilling a long-time goal to build a business from the ground up.

Companies

Why Australia’s biggest firms are buying ideas instead of building them

According to Forbes’ Juliette O’Brien, Australia’s top companies are skipping the slow lane of in-house innovation and going shopping instead.

Atlassian led the charge, snapping up The Browser Company and AI start-up DX – not for customers, but for fresh ideas.

Vale

Fawlty Towers star Prunella Scales dies aged 93

British actor Prunella Scales, beloved for her sharp-tongued turn as Sybil Fawlty in the iconic sitcom Fawlty Towers, has died at 93.

According to The Australian, her family said she passed away peacefully at her London home on Monday.

Keep on top of the most important media, marketing, and agency news each day with the Mediaweek Morning Report – delivered for free every morning to your inbox.

To Top