Top News:
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, @hunterwalk, @rafat, @joshconstine, Fortune, @petersterne, @tomventimiglia, @anthony, @pkafka, @nytimesbits, @veronica, Recode, Los Angeles Times, Forbes and Ad Age
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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.
Discussion:
Fortune, Forbes, Gizmodo, Variety, @smooth_orator, @shalini, Fierce Cable, Reuters, Engadget, Deadline, BGR, @miriamgottfried and Wall Street Journal
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Janko Roettgers / Variety:
Netflix CEO Reed Hastings open to AT&T Time Warner merger if net neutrality is upheld — Netflix CEO Reed Hastings signaled that his company wasn't outright opposing the AT&T's acquisition of Time Warner at the Wall Street Journal's WSJ.D Live conference in Laguna Beach, California Monday night.
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.
Discussion:
Daily Mail, Reuters, @petersterne, Los Angeles Times, BostonGlobe.com, Courthouse News Service, Reuters, Wall Street Journal, Vanity Fair, Variety and Deadline
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.
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:
FishbowlDC, Politico, Mediaite, AOL, @zekejmiller, Variety, Ad Age, @alivitali, Vanity Fair, @petergleick, @brianstelter, @kfile, @sopandeb and Talking Points Memo
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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 — Oct 25, 2016, 1:21 pmOct 25, 2016, 1:40 pm — In what has become a very competitive landscape for digital music, early pioneer Pandora is trying to remain a leader.
Discussion:
Radio & Television …, Reuters, @lucas_shaw and Pandora
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, Bookseller News, LAist, Reuters, Telegraph, Washington Post, @nyuoltong, Publishing Perspectives and The Week
Lucinda Southern / Digiday:
The Financial Times has 286K followers on Instagram, up from 40K a year ago, is adding thousands more each day — The Financial Times has found an unlikely outlet for its charts and graphics: Instagram. — A year ago, it had 40,000 followers to its Instagram account.
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 …
Anthony Noto / New York Business Journal:
Ziff Davis agrees to $465M deal to acquire digital health company Everyday Health, which has lost half its market cap since 2014 due to slow ad sales — New York-based Everyday Health Inc. (NYSE: EVDY) agreed to a $465 million takeover. — The digital health company announced the deal …
Discussion:
PR Newswire, @rafat and Reuters
Jordan Crook / TechCrunch:
About.com launches third standalone vertical, Lifewire, a tech information and advice site; site debuts with 16K pieces of evergreen content by 40 authors — About.com is launching its third standalone brand in the form of Lifewire, a tech information and advice site.
Discussion:
FishbowlNY and Adweek
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