Top News:
Yuji Nakamura / Bloomberg:
Spotify launches in Japan with free ad-supported tier and an ad-free version at $9.70/month — Company will offer free service supported by advertising — Spotify has more than 40 million paying customers globally — Spotify Ltd. is bringing its popular online music service to Japan …
Discussion:
TechCrunch and Engadget
Reuters:
Sources: National Amusements could call for CBS, Viacom to explore merger this week, asking them to form independent board committees to consider options — Sumner Redstone's National Amusements Inc (NAI), the controlling shareholder of CBS Corp (CBS.N) and Viacom Inc (VIAB.O) …
Discussion:
Wall Street Journal, Variety, Fortune, Deadline, Radio & Television …, Hollywood Reporter, Ad Age, Media Wire Daily, Broadcasting & Cable and The Wrap
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Wall Street Journal:
Time Warner, Viacom Reported to Be Bidding for Argentine TV Broadcaster Telefe — Deal could be worth as much as $400 million, sources say — Time Warner Inc. and Viacom Inc. are among bidders circling Telefónica SA 's Argentine television broadcaster Telefe for a potential acquisition …
Discussion:
Variety
Associated Press:
Pittsburgh Tribune-Review to stop Pittsburgh print edition on November 30, laying off 106 — PITTSBURGH (AP) — The Pittsburgh Tribune-Review newspaper plans to stop its print edition Nov. 30 and offer an online-only publication in a reorganization that will also require 106 layoffs, its publisher announced Wednesday.
Peter Kafka / Recode:
YouTube hires Lyor Cohen as Global Head of Music; Cohen helped build Def Jam label, ran Warner Music, and founded 300 Entertainment in which Google invested $5M — He's going to hold on to his 300 label, which Google backed three years ago. — Apple Music has Jimmy and Dre. Spotify has Troy.
Oliver Darcy / Business Insider:
Despite network-wide memo saying unscientific online polls do not meet Fox News' editorial standards, Hannity, others cited them as evidence Trump won debate — A Fox News executive sent a memo to television producers and the politics team on Tuesday afternoon reminding employees …
Financial Times:
Sources: Spotify is in advanced talks to acquire SoundCloud after its two earlier attempts proved unsuccessful — Spotify, the music streaming service, is in advanced talks to acquire SoundCloud, as competition heats up with Apple for the future of digital music, said people briefed on the discussions.
Discussion:
9to5Mac, Variety, Recode, VentureBeat, HYPEBEAST, Business Insider, The Next Web, Forbes, Fortune, 9to5Mac, Reuters, Engadget, @kerrymflynn, The Next Web, MacRumors, @lexnfx, VentureBeat and Daring Fireball
Jon Lafayette / Broadcasting & Cable:
YouTube says it had nearly 2M concurrent viewers for Monday night's presidential debate, making it one of the most watched live streams of all time — Record turnout for a live streaming political event — YouTube says it has nearly 2 million live concurrent viewers during Monday night's …
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Brian Stelter / CNNMoney:
Nielsen: presidential debate drew a total of 84M viewers across 13 traditional TV channels; streaming alternatives not included in count
Nielsen: presidential debate drew a total of 84M viewers across 13 traditional TV channels; streaming alternatives not included in count
Discussion:
Vanity Fair, The Daily Caller, Washington Post, Infowars, The Huffington Post, Business Insider, Courthouse News Service, Talking Points Memo, Mother Jones, USA Today, Mediaite, Shadowproof, The Week, Publishing Executive, BetaNews, Poynter, The Big Lead, Variety, @deggans, Politico, Salon and FishbowlDC
Jordan Novet / VentureBeat:
Twitter rolls out the ability to create and curate Moments for all users via the web app, coming soon to mobile — Twitter Moments — those collections of tweets about certain subjects, often the ones that are in the news and are being discussed by lots of users — now make a lot more sense.
Discussion:
TechnoBuffalo, Recode, Mashable, Fortune, MacRumors, The Next Web, TechCrunch, Variety, @adambain, LostRemote and @jweb
Brian Steinberg / Variety:
Andrea Tantaros' attorney says she has turned down seven-figure settlement from Fox and will continue to press ahead with her case against the network — The attorney for former Fox News Channel personality Andrea Tantaros said Wednesday the host had turned down a settlement offer in the …
Discussion:
Fortune, Mediaite, Broadcasting & Cable, The Daily Beast and Politico
Tatiana Siegel / Hollywood Reporter:
Post-bankruptcy, film studio Relativity aims to reinvent itself, with funding from a billionaire backer and the hire of ex-House of Cards producer Dana Brunetti — A year ago, the company's epic meltdown ended in bankruptcy. Now, in an exclusive interview, Kavanaugh reveals his relaunch strategy …
Discussion:
@tatianasiegel27