Mediagazer: Warner Bros. CEO Issues Memo on Layoffs: ‘These Changes are Challenging’ (Brent Lang/Variety)

6:35 PM ET, November 4, 2014

Top News:

Jordan Chariton / The Wrap:

Time Inc. earnings: digital ad revenue up 5% to $65M, print ads down 1% to $363M — Time Inc. Exceeds Earnings Expectations on Strong Digital Ad Growth — Time Inc. (TIME) reported earnings of $0.41 a share in the third quarter of 2014, down from $0.67 at this time last year.

Discussion: Capital New York, New York Times, AdAge, AdExchanger and FishbowlNY

Cynthia Littleton / Variety:

Time Inc. Taps Fox Alum Emiliano Calemzuk to Lead Online Video Push (EXCLUSIVE) — Time inc. is ready to go long on longform video. The publishing giant has cut a deal with former Fox Television Studios chief Emiliano Calemzuk to develop a range of programming for online audiences derived from Time Inc.'s vast editorial resources.

Discussion: Business Wire, Talking New Media and MediaWire Daily

Jim Romenesko:

Plain Dealer ombud: Why I haven't written about the campaign video removal controversy — I recently got this email from a frustrated Cleveland Plain Dealer staffer: — “It is so obvious to those of us who work here the huge difference between the PD and NEOMG [Northweast Ohio Media Group] …

Discussion: Scene and Heard, @johnmcquaid, @jayrosen_nyu and @ericktrickey

Tim Peterson / AdAge:

Digital to Overtake TV Ad Spending in Two Years, Says Forrester — U.S. advertisers' spending on digital advertising will overtake TV in 2016 and hit $103 billion in 2019 to represent 36% of all ad spending, according to Forrester's latest estimates based on its ForecastView model.

Discussion: Broadcasting & Cable, @petersontee and MarketingVox News & Trends

Jeremy Barr / Capital New York:

Steven Brill elaborates on the biz model of his longform journalism startup with Jill Abramson — Steven Brill-Jill Abramson startup comes into focus — Steven Brill, the journalist and media entrepreneur, shared some details with Capital about the longform journalism startup he's building …

Discussion: Gawker, The Huffington Post, www.wnyc.org, @om, @mathewi, @jayrosen_nyu, @laurahazardowen, @alexweprin, @jeremymbarr and Guardian

Brent Lang / Variety:

21st Century Fox Q1 earnings beat estimates with $.48 EPS, $7.89B revenue, strong film slate — 21st Century Fox Earnings Trump Expectations, Stock Rises — Strong advertising sales and a record-breaking film slate lifted revenues and earnings at 21st Century Fox, helping the media …

Discussion: Broadcasting & Cable, Reuters, Hollywood Reporter, @jboorstin and Business Wire

Ryan Lawler / TechCrunch:

Rovi Acquires Fan TV To Bolster Its Cloud-Based Video Discovery Products — Rovi is announcing the acquisition of video discovery startup Fan TV today. The deal will add to Rovi's portfolio of cloud-based guide offerings for service providers, while also giving it some consumer-facing apps.

Discussion: AllAccess.com, Variety, Gigaom, FierceCable, Re/code, Multichannel News, VideoNuze Analysis and VentureBeat

Katie Takacs / American Journalism Review:

NYT, AP and USA Today have no formal policies on how they cover themselves; Bloomberg's policy does not allow coverage of itself — That Awkward Moment When Journalists Must Write About Their Employer — So this is awkward. — Journalists are told to avoid conflict of interest …

Discussion: @jayrosen_nyu and @emilybell

Andrew Beaujon / Poynter:

BuzzFeed will look to Twitter users to help call elections tonight — The “decision desks” assembled by the Associated Press, TV networks and other mainstream news organizations have been “outcompeted in the marketplace of fast, accurate, sophisticated, and transparent information,” BuzzFeed EIC Ben Smith writes.

Discussion: BuzzFeed, Nieman Lab, @genn4dy, @ron_fournier and @singernews

Hannah Karp / Wall Street Journal:

Warner Music Group Signs Deal to License Music to SoundCloud — Warner Music Group has signed a deal to license its music to SoundCloud Ltd., the companies said, making Warner the first major record label to start earning money from the German audio-sharing site.

Discussion: TechCrunch, Gigaom, VentureBeat, Engadget, AllAccess.com and The Next Web

Jane Martinson / Guardian:

Police misuse of Ripa powers to spy on journalists is systemic, MPs told — National Union of Journalists says police routinely bypass need for judicial scrutiny to discover journalistic sources with Ripa — The National Union of Journalists has told parliament that police misuse …

Discussion: Press Gazette

Brent Lang / Variety:

Warner Bros. CEO Issues Memo on Layoffs: ‘These Changes are Challenging’ — Warner Bros. Chairman and Chief Executive Officer Kevin Tsujihara announced in a company-wide memo that layoffs at the film and television studio will begin Tuesday. Variety first reported that staffing cuts will begin this week …

Discussion: The Wrap, Variety, Deadline and Home Media Magazine