Monday, September 28, 2020

Disney sells TrueX, an ad-tech company it absorbed as part of its acquisition of 21st Century Fox assets in 2019, to Gimbal; a source says for less than $100M (Sahil Patel/Wall Street Journal)

Sahil Patel / Wall Street Journal:
Disney sells TrueX, an ad-tech company it absorbed as part of its acquisition of 21st Century Fox assets in 2019, to Gimbal; a source says for less than $100M  —  Gimbal wants TrueX's technology to go after the ‘addressable-TV’ market, where different ads are shown to different households



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Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that "controlled" products are superior to unregulated AI "slop" (Financial Times)

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