Top News:
Matthew Garrahan / Financial Times:
Disney to launch DisneyLife subscription streaming service in the UK in November, expand to France, Spain, Italy, and Germany next year — Disney to launch digital subscription streaming service in UK — Walt Disney will next month launch a first of its kind digital subscription service …
Discussion:
VentureBeat, The Wrap, The Independent, The Next Web and Guardian
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, The Wrap, Polygon, VatorNews, The Verge, 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, Tech Times, Business Insider, TechCrunch, SiliconANGLE, WinBeta, The Next Web, Quartz, Silicon Republic, Engadget, Search Engine Land, ZDNet, Ad Age, The Verge, AdExchanger and Deadline
Shalini Ramachandran / Wall Street Journal:
ESPN confirms layoffs of 300 people; source says in distribution, advertising, technology, content, and others — ESPN to Lay Off About 300 Employees — Sports-media company looks to control costs in a challenging pay-TV landscape — ESPN said it would lay off nearly 300 employees at the company …
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:
Adweek, @wsjbusiness, @shaliniwsj, @wsjcmo, @jeffjohnroberts, @shaliniwsj, @miriamgottfried, AdExchanger, @sub8u, Multichannel News, Philly.com, DSLreports, bizjournals and Broadcasting & Cable
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:
GalleyCat, @michikokakutani, @monicaranders, @lrainie and Publishers Weekly
Leo Barraclough / Variety:
Max Hole to Step Down as Chairman, CEO of Universal Music Group International — LONDON — Max Hole is to step down from his role as chairman and chief executive of Universal Music Group International, effective immediately. The company's regional heads, outside the U.S. …
Jasper Jackson / Guardian:
Vice holds two-hour blackout to support journalist imprisoned in Turkey — Mohammed Rasool remains in jail despite worldwide concern and the release of colleagues Jake Hanrahan and Philip Pendlebury — Vice is blacking out all its online channels for two hours on Wednesday …
Alyson Shontell / Business Insider:
2-year-old Bustle hits 45 million monthly uniques, flirts with profitability, and launches a new website for millennial moms, Romper — Bustle, a new media company for millennial women, is launching a second website in November. — The website, which will be called Romper …
Discussion:
@hsaltz
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:
Telegraph, The Huffington Post, The A.V. Club, What's New and Boing Boing
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:
Agence France-Presse, Life Style Extra, MarketWatch, Bloomberg Business, RTÉ, Guardian, The Business Times, Telegraph and Hargreaves Lansdown
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, The Wrap, 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 …
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