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, Variety, Inc.com, The Wrap 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 — Yahoo reaches search deal with Google after loosening Microsoft ties … BREAKING NEWS: Yahoo just announced a search deal with Google, taking advantage an earlier revision …
Discussion:
Reuters, SiliconANGLE, TechCrunch, The Next Web, Silicon Republic, Quartz, Search Engine Land, The Verge, ZDNet, AdExchanger, New York Times, Business Insider, Ad Age, Engadget and Deadline
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:
Philly.com, bizjournals, Adweek, DSLreports, @sub8u, Broadcasting & Cable, Multichannel News and FierceCable
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:
WWD and FishbowlNY
Daisuke Wakabayashi / Wall Street Journal:
Tim Cook says Apple Music has 6.5M paying subscribers and 8.5M customers on three-month trials — Apple CEO Tim Cook: Apple Music Has 15 Million Users — Service has 6.5 million paying subscribers — LAGUNA BEACH, Calif.—Apple Inc. said it has 15 million users on its streaming-music service …
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.
Discussion:
CNNMoney, The Wrap, The Big Lead, @erikmal, Fortune and Seeking Alpha
Ethan Smith / Wall Street Journal:
Spotify Pulls Independent Music Company's Releases Amid Royalties Dispute — Music-streaming service takes down thousands of songs by bands signed to Victory Records — Spotify AB removed thousands of songs by bands signed to independent record label Victory Records amid a standoff …
Discussion:
Stereogum, hypebot, exclaim.ca, Digital Music News, Rolling Stone, BLABBERMOUTH.NET and Billboard
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 and @emptywheel
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.
Thanks:@joncappetta
Ben Sisario / New York Times:
TriPlay to Acquire eMusic, a Pioneering Digital Music Service — EMusic, a pioneering digital music store that has been adrift in recent years, has been acquired by TriPlay, a cloud computing company that lets people link their media collections across a range of devices.
Discussion:
PR Newswire, RAIN News and TechCrunch
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:
Charlotte Agenda, @katieyaeger, @ylichterman, @ka_tornay and @ted_williams
Sarah Perez / TechCrunch:
As Apple Music Trials Wrap, Spotify Snags The #1 Top Grossing Spot In US App Store For First Time — Apple CEO Tim Cook yesterday may have been touting the number of Apple Music music paying subscribers - 6.5 million, but at the same time rival Spotify was quietly hitting a milestone of its own.
Discussion:
Tech Times, App Annie, Forbes, USA Today and Wall Street Journal
Jeanine Poggi / Ad Age:
CNN unveils Great Big Story, a video network aimed at millennials; will be anchored by homepage, with distribution across YouTube, other platforms — CNN Unveils Millennial-Targeted Video Site Great Big Story — GBS to Produce Branded Content for Advertisers
Discussion:
LostRemote, @jaredbkeller, Variety, seriouslymedia.com, @elanazak, TVNewser and @digitalshields
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