Top News:
Erin Griffith / Fortune:
Yahoo took a $42M write-down in Q3 in its video division that backed original series including Community, “couldn't see a way to make money over time” — Why Yahoo wrote down $42 million for ‘Community’ — In April, at a star-studded “newfront” presentation at New York's Lincoln Center …
Discussion:
Hollywood Reporter, The Wrap, Variety, The Verge, VatorNews, Inc.com and VentureBeat
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Todd Bishop / GeekWire:
Yahoo and Google make search deal: Yahoo will call on Google to provide some results and ads for Yahoo search queries
Discussion:
Reuters, New York Times, WinBeta, TechCrunch, Tech Times, Business Insider, Quartz, SiliconANGLE, The Next Web, Engadget, Search Engine Land, ZDNet, Ad Age, The Verge, AdExchanger, Silicon Republic and Deadline
Bloomberg Business:
Sources: ESPN plans to cut 350 jobs; employees to be notified as early as Wednesday — Disney's ESPN Said Planning to Eliminate as Many as 350 Jobs — Walt Disney Co.'s ESPN sports network plans to eliminate as many as 350 positions, according to people with knowledge of the matter.
Wall Street Journal:
Comcast is in talks with TV networks and audience measurement firms to share data harnessed from set-top boxes and apps — Comcast Seeks to Harness Trove of TV Data — Cable giant is in talks with TV networks and measurement firms to license viewing data from set-top boxes, apps
Discussion:
@shaliniwsj, @shaliniwsj, @miriamgottfried, @wsjbusiness, @wsjcmo, Philly.com, @jeffjohnroberts, DSLreports, AdExchanger, @sub8u, bizjournals, Broadcasting & Cable, Adweek and The Drum
Ravi Somaiya / New York Times:
John Cook Is Named Executive Editor of Gawker Media — John Cook, a longtime Gawker editor, will become the executive editor of Gawker Media, the portfolio of websites that was left leaderless after a tumultuous summer for the organization, according to three people briefed on the matter …
Discussion:
bookforum.com, WWD and FishbowlNY
Simon Zekaria / Wall Street Journal:
Shares in education publisher Pearson fell 16% after profit warning and Q3 sales fell 2% YoY — Pearson Shares Dive on Profit Warning — Education company warns of tough market conditions — LONDON—Shares in Pearson PLC dropped more than 16% on Wednesday after the education company warned …
Discussion:
Guardian, Telegraph, Agence France-Presse, Life Style Extra, MarketWatch, Bloomberg Business, RTÉ, The Business Times and Hargreaves Lansdown
Lee Rainie / Pew Research Center:
Pew: 63% of Americans read at least one print book in last 12 months, 27% read an e-book, numbers largely same as 2014 survey — Slightly fewer Americans are reading print books, new survey finds — The number of book readers has dipped a bit from the previous year and the number …
Discussion:
@michikokakutani, @monicaranders, @lrainie, Publishers Weekly and Talking New Media
Alexandra Alter / New York Times:
Creators of macabre Night Vale podcast get a multi-book deal, illustrating increased interest in podcast-to-book projects — From the Ear to the Page, the ‘Night Vale’ Podcast Becomes a Novel — One afternoon late this summer, Cecil Baldwin was hunched over a microphone in his living room in Brooklyn …
Discussion:
The Huffington Post, Telegraph, The A.V. Club, What's New and Boing Boing
Joseph Lichterman / Nieman Lab:
How a local startup in Charlotte, North Carolina thinks it can make online advertising work — With the online ad market dominated by large players such as Facebook and Google and under threat from ad blockers, many in the news business are looking beyond advertising as a means to make money.
Discussion:
@ylichterman, @ka_tornay, Charlotte Agenda, @ted_williams and @katieyaeger
Michael Calderone / The Huffington Post:
NYT Magazine's Bin Laden Cover Story Sparked Controversy In The Newsroom — Washington reporters told top editor they worried the story gave oxygen to unsubstantiated claims about the raid.
Discussion:
New York Times, New York Times and @emptywheel
Russell Brandom / The Verge:
Sony Pictures will pay up to $8 million to settle hack lawsuit with employees — Nearly a year after its devastating hack, Sony Pictures' settlement with former employees has been made public, offering as much as $8 million to resolve the ongoing lawsuit. — According to documents filed today …
Jeff Grubb / VentureBeat:
Microsoft partners with DJ Skee's Dash Radio for an all-Halo music station — EXCLUSIVE: — Microsoft's got a new Halo coming out soon, and it is celebrating that impending release by spinning some of the shooter franchise's classic tunes. — Halo is getting its own music station on the Dash Radio music app.
Discussion:
WinBeta, Thanks:@joncappetta
Ethan Smith / Wall Street Journal:
Spotify removes thousands of songs from Victory Records' catalog amid royalties dispute — Spotify Pulls Independent Music Company's Releases Amid Royalties Dispute — Music-streaming service takes down thousands of songs by bands signed to Victory Records
Discussion:
Complete Music Update, exclaim.ca, BLABBERMOUTH.NET, Digital Music News, Stereogum, hypebot, Rolling Stone and Billboard
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