AP Shifts to Video, AI, Amid Buyouts

0:00On April 7th, the Associated Press is shaking things up, offering buyouts to over 120 US journalists this week. It's all about ditching the old newspaper focus that's been there backbone since the 1800s. Now, they're speeding toward video content and fresh revenue from tech giants diving into artificial intelligence. Newspapers used to bring in most of their cash, but that's dropped to just 10%. Big players like Gannett, McClatchy, and Nowley Enterprises are bailing early on contracts. Meanwhile, AP's revenue from tech companies has tripled in four years, with deals like licensing archives to open AI and powering Google's Gemini, Chatbot. The union's pushing back hard, saying AP skips training for real journalists and flirts with AI instead. They wanted to bargain over it last week, but got ignored. Execs like Julie Pace insist it's not about trouble. It's evolution from strength, aiming to trim global staff by under five percent, mostly through these voluntary buyouts.

1:00AP's doubling down on video journalists since 2022, launching rapid response teams and boosting beats for hot topics. They're even selling elections data to markets like Colchee, seeing 30% more customers since 2020. Direct site traffic on appnews.com is growing too via ads and donations. Bottom line, AP's paying true to fast, unbiased news while adapting. Putting faces to stories, all ramping up video fact checks to fight misinformation. Their wholesalers turning into players in a digital world, proving human journalism still rules the beat. That's your update from Global News today, powered by AI.