SRMG returns to Cannes Lions International Festival of Creativity 2023 with an exceptional line-up of leading industry figures

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Updated 04 June 2023
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SRMG returns to Cannes Lions International Festival of Creativity 2023 with an exceptional line-up of leading industry figures

RIYADH: SRMG, the largest integrated media group from the MENA region, is back at the Cannes Lions International Festival of Creativity for the second year with an even bigger presence at Rado Plage on the iconic Croisette. From June 19-23, SRMG is bringing together the leading names in media, tech and creativity for a series of panels, talks, workshops and live performances at the SRMG Beach Experience.

Over the course of five days, the SRMG Beach Experience will highlight the transformation and trends taking place in the creative and tech industries across the world through insightful conversations with the pioneers, entrepreneurs and executives from companies, such as Brut and TikTok. These leaders have created innovative platforms that have revolutionized the way the new generation consumes content. The program will explore challenges and opportunities shaping the future of the media and creative industries, and how to leverage disruptive advertising technologies and tech solutions. The in-depth discussions will also feature the latest names defining popular culture, including TV star Mo Amer, and award-winning songwriter and rapper Belly.

Panels and talks with the industry’s top innovators will delve into the biggest trends and challenges impacting our industry and what this means for the future of the media industry. The panels will explore how AI will impact the future of the creativity, how film and entertainment can bridge cultures, how the music scene in MENA is rising, and an insightful discussion on how communities have the power to build world-class brands.

The SRMG Beach Experience will also feature immersive and interactive artificial intelligence and augmented reality activations for attendees from some of SRMG’s leading brands, including an Asharq Business with Bloomberg AI video booth that will put guests' reporting skills to the test. Asharq Al-Awsat will have an arcade game, where players will have to choose between real and fake news. Manga Arabia will utilize the latest AI face filter technology to allow guests to transform into their favourite characters, and HIA Magazine will bring the latest fashion trends to life through augmented reality.

Since launching its transformation strategy in 2021, SRMG has supported, empowered, and championed local and regional creative talents, and established partnerships with some of the largest global companies. Cannes Lions is widely recognized as the premier festival for the media and creative industries, and provides a global stage for SRMG to showcase how it is redefining the media landscape. In 2022, SRMG’s participation at Cannes Lions represented the first MENA presence at the festival. There was significant interest from international companies to partner and collaborate with SRMG, which has led to several new agreements and initiatives. In 2023, SRMG has increased its presence to showcase its media and business portfolio on the global stage, partner with strategic and established brands, and elevate local and regional talent.

This year, SRMG also partnered with Cannes Lions to launch the first Saudi Young Lions competition. SRMG held a competition in Saudi Arabia to find the best young talent to compete in the global competition at Cannes.

“Nurturing young talent is an important aspect of our broader transformation strategy, and SRMG is focused on driving innovation and empowering the next generation of media leaders and content creators. We have partnered with global players to expand our portfolio and provide a stage to showcase our creative talent and stories to the world. This includes partnering with Cannes Lions to launch the first ever Saudi Young Lions competition, where the winners will represent Saudi Arabia at the Global Young Lions competition in Cannes.” said Jomana R. Al-Rashid, CEO of SRMG. “Cannes Lions is the perfect environment to highlight the creative revolution taking place in the MENA region. This is why we are excited to use this year’s festival as a platform to announce the next major step in our growth and expansion strategy.”

The stellar line up of industry greats will be complimented each night with live performances. And on Thursday night, June 22, SRMG is transforming the beach for the second edition of MENA Night, featuring live performances from renowned singer Elyanna, known for her unique fusion of Latin and Middle Eastern sounds, and one of the most celebrated artists from the region DJ Rodge.

Full details of panels, speakers and entertainment line-up will be announced shortly at canneslions.srmg.com.


Jailed Italian reporter in Tehran freed, says Italy

Updated 4 sec ago
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Jailed Italian reporter in Tehran freed, says Italy

ROME: An Italian journalist arrested in Iran and jailed for three weeks has been freed and is returning to Italy, Prime Minister Giorgia Meloni’s office said on Wednesday.
“The plane taking journalist Cecilia Sala home took off from Tehran a few minutes ago” following “intense work through diplomatic and intelligence channels,” Meloni’s office said in a statement.
“Our compatriot has been released by the Iranian authorities and is on her way back to Italy. Prime Minister Giorgia Meloni expresses her gratitude to all those who helped make Cecilia’s return possible, allowing her to re-embrace her family and colleagues,” her office said.
Meloni personally informed Sala’s parents of her release by telephone, it added.
Sala, 29, was arrested on December 19, soon after the United States and Italy arrested two Iranian nationals over export violations linked to a deadly attack on American servicemen.
The journalist, who writes for the Italian daily Il Foglio and is the host of a news podcast produced by Chora Media, was kept in isolation in Tehran’s Evin prison.
Sala told her family she was forced to sleep on the floor in a cell with the lights permanently on.
Italy and Iran summoned each other’s ambassadors last week after Rome warned that efforts to secure her release were complicated.
Sala traveled to Iran on December 13 on a journalist’s visa. She was arrested six days later for “violating the law of the Islamic Republic of Iran,” said the country’s culture ministry, which oversees and accredits foreign journalists.
She had been due to return home the following day.
On Monday, Iran denied any link between Sala’s arrest and that of Iranian national Mohammad Abedini, detained in Italy in December at the behest of the United States over export violations linked to a deadly attack on US servicemen.


Surge in Telegram user data passed to French authorities

Updated 08 January 2025
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Surge in Telegram user data passed to French authorities

  • Pavel Durov was arrested in Paris in August, where he was held for four days before being charged with various crimes, mostly linked to control of criminal content on Telegram

PARIS: Messaging service Telegram passed vastly more data on its users to French authorities in the second half of 2024 following founder Pavel Durov’s arrest in Paris, figures published by the platform showed.
The company said it handed over IP addresses or telephone numbers that Paris asked for in 210 cases in July-September and 673 in October-December.
That was up from just four in the first quarter and six in the second.
Some 2,072 users were affected by French requests for user data — again massively weighted toward the second half of 2024, with more than half in the fourth quarter alone.
Pavel Durov was arrested in Paris in August, where he was held for four days before being charged with various crimes, mostly linked to control of criminal content on Telegram.
He and his supporters have claimed that most French and European authorities’ requests for user data were simply not being sent to the right department at the company and therefore received no response.
Durov, who holds Russian, French and United Arab Emirates passports, has been barred from leaving French soil since he was charged.
That has not stopped Telegram from issuing updates to its moderation rules supposed to boost cooperation with investigators.
A source familiar with Durov’s case told AFP in December that the platform was responding more frequently to requests from the judicial system from both France and other countries.
 

 


Getty Images, Shutterstock gear up for AI challenge with $3.7bn merger

Updated 08 January 2025
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Getty Images, Shutterstock gear up for AI challenge with $3.7bn merger

  • Deal faces potential antitrust scrutiny
  • Merger aims to cut costs and unlock new revenue streams as companies grapple with the rise of generative AI tools

LONDON: Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust scrutiny.
The companies, two of the largest players in the licensed visual content industry, are betting that the combination will help them cut costs and grow their business by unlocking more revenue opportunities at a time when the growing use of generative AI tools such as Midjourney poses a threat to the industry.
Shutterstock shareholders can opt to receive either $28.80 per share in cash, or 13.67 shares of Getty, or a combination of 9.17 shares of Getty and $9.50 in cash for each Shutterstock share they own. The offer represents a deal value of more than $1 billion, according to Reuters calculations.
Shutterstock’s shares jumped 22.7 percent, while Getty was up 39.7 percent. Stocks of both companies have declined for at least the past four years, as the rising use of mobile cameras drives down demand for stock photography.
Getty CEO Craig Peters will lead the combined company, which will have annual revenues of nearly $2 billion and stands to benefit from Getty’s large library of visual content and the strong community on Shutterstock’s platform.
Peters downplayed the impact of AI on Tuesday and said that he was confident the merger would receive antitrust approval both in the United States and Europe.
“We don’t control the timing of (the approval), but we have a high confidence. This has been a situation where customers have not had choice. They’ve always had choice,” he said.
Some experts say US President-elect Donald Trump’s recent appointments to the Department of Justice Antitrust Division signal that there would be little change to the tough scrutiny that has come to define the regulator in recent years.
“With Gail Slater at the helm, the antitrust division is going to be a lot more aggressive under this Trump administration than it was under the first one,” said John Newman, professor of law at the University of Miami.
Regulators will examine how the deal impacts the old-school business model of selling images to legacy media customers, as well as the new business model of offering copyright-compliant generative-AI applications to the public.
The deal is expected to generate up to $200 million in cost savings three years after its close. Getty investors will own about 54.7 percent of the combined company, while Shutterstock stockholders will own the rest.
Getty competes with Reuters and the Associated Press in providing photos and videos for editorial use.


Israel extends closure of Al Jazeera’s West Bank office

Updated 07 January 2025
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Israel extends closure of Al Jazeera’s West Bank office

  • Israel suspended Al Jazeera’s Ramallah office for 45 days in September on charges of “incitement to and support for terrorism”
  • Announcement comes days after Palestinian Authority also suspended the network’s broadcasts for four months

RAMALLAH, Palestinian Territories: Israeli authorities renewed a closure order for Al Jazeera’s Ramallah office in the occupied West Bank on Tuesday, days after the Palestinian Authority suspended the network’s broadcasts for four months.
An AFP journalist reported that Israeli soldiers posted the extension order Tuesday morning on the entrance of the building housing Al Jazeera’s offices in central Ramallah, a city under full Palestinian Authority security control.
The extension applies from December 22 and lasts 45 days.
In September, Israeli forces raided the Ramallah office and issued an initial 45-day closure order.
At the time, staff were instructed to leave the premises and take their personal belongings.
The move came months after Israel’s government approved a decision in May to ban Al Jazeera from broadcasting from Israel, also closing its offices for an initial 45-day period, which was extended for a fourth time by a Tel Aviv court in September.
Later in September, Israel’s government announced it was revoking the press credentials of Al Jazeera journalists in the country.
Prime Minister Benjamin Netanyahu’s government has long been at odds with Al Jazeera, a dispute that has escalated since the Gaza war began following Hamas’s attack on southern Israel on October 7.
The Israeli army has repeatedly accused the network’s reporters in Gaza of being “terrorist operatives” affiliated with Hamas or Islamic Jihad.
The Qatari channel denies the accusations, and says Israel systematically targets its staff in Gaza.


Meta replaces fact-checking with X-style community notes

Updated 07 January 2025
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Meta replaces fact-checking with X-style community notes

  • Meta cited bias and excessive content reviews as key factor in ending fact-checking program
  • The social media company also announced plans to allow “more speech” by easing restrictions on discussions of mainstream topics like immigration and gender

LONDON: Facebook and Instagram owner Meta said Tuesday it’s scrapping its third-party fact-checking program and replacing it with a Community Notes program written by users similar to the model used by Elon Musk’s social media platform X.
Starting in the US, Meta will end its fact-checking program with independent third parties. The company said it decided to end the program because expert fact checkers had their own biases and too much content ended up being fact checked.
Instead, it will pivot to a Community Notes model that uses crowdsourced fact-checking contributions from users.
“We’ve seen this approach work on X – where they empower their community to decide when posts are potentially misleading and need more context,” Meta’s Chief Global Affairs Officer Joel Kaplan said in a blog post.
The social media company also said it plans to allow “more speech” by lifting some restrictions on some topics that are part of mainstream discussion in order to focus on illegal and “high severity violations” like terrorism, child sexual exploitation and drugs.
Meta said that its approach of building complex systems to manage content on its platforms has “gone too far” and has made “too many mistakes” by censoring too much content.
CEO Mark Zuckerberg acknowledged that the changes are in part sparked by political events including Donald Trump’s presidential election victory.
“The recent elections also feel like a cultural tipping point toward once again prioritizing speech,” Zuckerberg said in an online video.
Meta’s quasi-independent Oversight Board, which was set up to act as a referee on controversial content decisions, said it welcomed the changes and looked forward to working with the company “to understand the changes in greater detail, ensuring its new approach can be as effective and speech-friendly as possible.”