Top News:
Brian Steinberg / Variety:
Comcast 3Q Net Income Soars Nearly 50% On Tax Adjustment, NBCU Results — Cable and entertainment giant Comcast saw its third-quarter net income soar nearly 50%, thanks to a favorable tax adjustment and improving performance at its NBCUniversal unit. The Philadelphia company …
Discussion:
CNNMoney.com, Forbes, AdAge, USA Today, Los Angeles Times, New York Times, New York Post, Reuters, Associated Press, Deadline, Wall Street Journal, @xpangler and The Wrap
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Matthew Yglesias / Vox:
Cable television is dying, but cable companies are thriving — Cable television is dying. But if you look at the earnings report Comcast released today, it's clear that cable companies are thriving nonetheless. — Over the past year, the company reports that it lost about 155,000 pay television customers.
Natasha Lomas / TechCrunch:
German publishers grudgingly allow Google to display news snippets in search results without compensation — German Publishers Bow To Google's Market Power In Ongoing Text Snippets Fight — A tug of war between Google and German publishers over how online news content is displayed …
Discussion:
BuzzMachine, Silicon Republic, PerformanceIN, WebProNews, Talking New Media, PandoDaily, PC World, Search Engine Land, Gigaom and @stkonrath
Jeremy Barr / Capital New York:
New York Times staffers band together over buyout anxiety — A group of New York Times employees acted en masse to request packages detailing the buyout packages they would qualify for if they applied for them in a round of buyouts announced by the newspaper earlier this fall, several employees confirmed to Capital.
Discussion:
The Daily Caller, Talking New Media, @edmundlee, Talking Points Memo, FishbowlNY, MediaWire Daily, @meena_thiru and New York Post
Alex Weprin / Capital New York:
CBS News readies 24-hour ‘CBSN’ digital network — CBS News 24-hour digital news channel will be called CBSN, Capital has learned, and the network is preparing to launch a marketing campaign around it, a source told Capital, featuring the tagline “CBS News. Always On.”
Discussion:
TVNewser, Wall Street Journal, @alexweprin and Variety
Vanessa Friedman / New York Times:
WikiLeaks now has a commercial arm with licensing deals around the world. — If you buy what someone stands for — intellectually, philosophically or culturally — does this mean you will also buy them literally? Their taste, their tchotchkes, their likeness?
Discussion:
@christianstork, @marcos_moret, @michaelroston, @nytfashion and @eyezeeellis
Michael Wolff / Hollywood Reporter:
Michael Wolff on HBO, CBS Streaming: TV Is Disrupting the Internet — Streaming services from the two networks don't signal television's capitulation to Netflix and the web; it's actually the opposite, as the medium expands yet again to gobble up more revenue
Discussion:
@newsliteracy, @zimbalist, @jmmandel, @natjarv, @michaelwolffnyc and @michaelwolffnyc
Tom Cheredar / VentureBeat:
Roku raises $25 million amid growing competition from Amazon and Google — Updated at 1:45 p.m. PST with a statement from Roku. — Set-top box company Roku has secured a fresh $25 million round of funding, according to a SEC form D filing released today.
Discussion:
Light Reading, Broadcasting & Cable and Gigaom
Rich McCormick / The Verge:
Microsoft ending free Xbox Music streaming Dec. 1; Music Pass still available for $9.99/month — Microsoft is ending free Xbox Music streaming — You'll need to purchase a subscription to stream songs — Microsoft is closing its free Xbox Music streaming service effective December 1st.
Discussion:
PC World, Ubergizmo, PC Advisor, Polygon, Hardcore Gamer, SlashGear, Eurogamer.net, Gizmodo UK, MCV: Home Stream, GameSpot, The Next Web, BetaNews, VentureBeat and Engadget
Ricardo Bilton / Digiday:
Some publishers investing in tech to build their own communities outside of Facebook/Twitter — Publishers cool on outsourcing community to Facebook — Publishers today are at the mercy of the big social networks. The likes of Facebook and Twitter have not only dominated publishers' referral traffic …
Discussion:
TechCrunch
Chris Sutcliffe / TheMediaBriefing:
Global game: The internationalisation of UK newspaper audiences — The odds of creating a profitable digital newspaper operation in the UK look long for pretty much every national title. Our population simply isn't that big, and unless you can sell a lot of pricey digital subscriptions, the advertising economics simply don't add up.
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