Top News:
Nathan McAlone / Business Insider:
AT&T's new streaming TV service, DirecTV Now, will debut in November with 100+ channels for $35/month, includes unlimited mobile data for TV viewing — AT&T just dropped a bombshell by announcing that its streaming TV streaming package, DirecTV Now, will include more than 100 channels for only $35 a month.
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Forbes, TechnoBuffalo, New York Times, Fortune, @smooth_orator, Gizmodo, TechCrunch, Fortune, Variety, @shalini, Recode, Bloomberg, Fierce Cable, Reuters, Engadget, Deadline, BGR, @miriamgottfried and Wall Street Journal
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Vauhini Vara / New Yorker:
With its internet and cell phone business having little room for growth, AT&T acquisition of Time Warner makes sense, allows it to tap into ad revenue — On Saturday, when A.T. & T. announced that it hopes to acquire Time Warner for more than eighty-five billion dollars …
Discussion:
NPR, Fortune, Ad Age, Wall Street Journal and Variety
Berkeley Lovelace Jr / CNBC:
Comcast Q3 revenue: NBCUniversal's cable networks revenue rose 22% to $2.9B, while broadcast revenue increased 56.6% to $3.1B — Comcast on Wednesday reported quarterly earnings and revenue that topped analysts' expectations. — The company reported third-quarter earnings of 92 cents a share on revenue of $21.31 billion.
Discussion:
The Wrap and Broadcasting & Cable
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David Lieberman / Deadline:
Comcast announces Q3 earnings, posts net income of $2.24B, up 12.1% YoY, and revenues of $21.31B, up 14.2% YoY — Comcast's earnings results were bound to be unusual in Q3 which included the Brazil Olympics, its acquisition of DreamWorks Animation, and the public attention to the presidential election.
Peter Sterne / Politico:
The New York Times will add new product verticals to The Wirecutter, Sweethome, is already hiring more staff, has no plans to put the sites behind a paywall — A little less than a year ago, The New York Times began thinking about what it would be like if it did Consumer Reports-style product recommendations, Ben French told POLITICO.
Discussion:
@fmanjoo, 15 Minutes in the Morning, @rafat, @hunterwalk, @joshconstine, Boing Boing, Fortune, @mat, @mathowie, @petersterne, @tomventimiglia, @anthony, @pkafka, @nytimesbits, @veronica, Los Angeles Times, Forbes, Ad Age, Recode and FishbowlNY
Alexandra Alter / New York Times:
Paul Beatty becomes first US writer to win the Man Booker prize, for his satire about race and economic inequality, The Sellout — Paul Beatty's novel “The Sellout,” a blistering satire about race in America, won the Man Booker Prize on Tuesday, marking the first time an American writer has won the award.
Discussion:
Guardian, The Week, Bookseller News, @nyuoltong, LAist, Publishing Perspectives, Telegraph, Reuters and Washington Post
Ben Collins / The Daily Beast:
Former CBS Evening News anchor Dan Rather on corporate media, the Trump campaign, and how he uses FB to reach millions of readers — A little over a year ago, Dan Rather had something he wanted to say about Donald Trump. — Friends told him to keep it quick if he was going to do it on Facebook.
Ashley Cullins / Hollywood Reporter:
Sumner Redstone files suit against two former companions, Manuela Herzer and Sydney Holland, alleges they abused him, took $150M+, and left him in debt — Redstone says Manuela Herzer and Sydney Holland manipulated and emotionally abused him to get what they wanted.
TechCrunch:
Pandora reports Q3 revenue of $351.9M, up 13% YoY, vs $366M expected; active listeners were 77.9M at end of Q3, down from 78.1M YoY; stock down 8%+ after hours — In what has become a very competitive landscape for digital music, early pioneer Pandora is trying to remain a leader.
Discussion:
Pandora, Music Ally, @joshconstine, Reuters and @lucas_shaw
Lucia Moses / Digiday:
47% of Quartz's 18M audience is from outside the US, with 44% of ad revenue billed against non-US inventory last year — U.S.-based publishers often have to retrofit their brands for overseas audiences when they expand internationally. That's not the case with Quartz.
Discussion:
@wblau
Andrew Kaczynski / CNNMoney:
Donald Trump says he has no interest in setting up Trump TV, claims his only interest is in winning the election — Donald Trump says he has no interest in setting up “Trump TV” when the election ends. — “No, I have no interest in Trump TV,” Trump said on Cincinnati radio station 700WLW on Tuesday.
Discussion:
Politico, FishbowlDC, Mediaite, AOL, @kailijoy, @zekejmiller, @alivitali, Ad Age, @petergleick, Variety, @brianstelter, @kfile, Vanity Fair, @sopandeb, Talking Points Memo and Wired
Hadas Gold / Politico:
Breitbart coordinated with liberal activist and organizer Aaron Black who disrupted GOP primary campaign events, was involved in Project Veritas DNC sting — A liberal activist and organizer coordinated with reporters from the conservative news site Breitbart during the primaries to cover …
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