Top News:
Alex Barinka / Bloomberg:
Sources: Snap Inc. will seek to raise as much as $4B in its planned IPO, which could value the company at between $25B and $35B — Sale may value Snapchat at $25 billion to $35 billion — Morgan Stanley, Goldman Sachs are leading the offering — Snapchat will seek to raise …
Discussion:
Bloomberg, TechCrunch and Business Insider
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, @mathewi, @ranimolla, @vauhinivara, @newyorker, Deadline, Ad Age, Fortune and @bgr
RELATED:
New York Times:
AT&T has 100 registered lobbyists and has given $11.3M to lawmakers and their causes since 2015, but Time Warner deal will test its influence in Washington — WASHINGTON — From the political right and the left, AT&T's $85 billion bid for Time Warner has provoked pushback.
Robert Levine / Billboard:
The sudden reassignment of the US Register of Copyrights, Maria Pallante, raises questions as government evaluates media and tech policy — Maria Pallante attends the U.S. Germanic Copyright Summit at the American Film Market at the Loews Santa Monica Beach Hotel on November 5, 2013, in Santa Monica, California.
Discussion:
@robertblevine_, @davidclowery, hypebot, Publishers Lunch, Future of Music Coalition and Plagiarism Today
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Ernesto Falcon / Electronic Frontier Foundation:
US Copyright Office favored the MPAA and cable companies in the debate over TV set-top box rules, emails obtained through FOIA show — Months of aggressive lobbying by the MPAA and its allies at the Copyright Office gave them the result they desired — In the current debate …
Discussion:
@efffalcon and Techdirt
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, Fortune and Broadcasting & Cable
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Benjamin Mullin / Poynter:
Tow-Knight Center receives $3.5M in new funding from the Knight Foundation; it will use the money to continue its work in fostering entrepreneurial journalism — The journalism industry is changing quickly. And journalism schools often are slow to catch up.
Discussion:
@benmullin
Jared Newman / Fast Company:
Pocket will start recommending popular stories saved by other users and will list them in categories like technology, food, and fitness — While Facebook and Twitter offer an endless parade of links, Pocket wants to promote only the good stuff. — Gathering good reading material from around the internet is hard.
Discussion:
Pocket Blog, VentureBeat, @nateweiner, @chrismessina and MacStories
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.
Michael M. Grynbaum / New York Times:
Behind the scenes at Trump TV, which is run by a five-person crew; viewers on Tuesday dropped to 23K, down from 60K on Monday — It was a few minutes after 7 p.m. on Tuesday when Trump TV conked out. — “We have to pause,” said Avi Berkowitz, the 27-year-old director …
T. Rees Shapiro / Washington Post:
Rolling Stone fact-checker says she attributed discrepancies in “Jackie's” account to trauma, spent 80 hours on story but failed to fact-check key quotes — CHARLOTTESVILLE — The Rolling Stone staffer responsible for fact-checking an article about a gang rape at the University …
Janko Roettgers / Variety:
Samsung hires Fan TV founder Gilles BianRosa as its new Senior Vice President and Chief Product Officer for TV and Services — Samsung has hired Fan TV founder Gilles BianRosa as its new Senior Vice President and Chief Product Officer for Visual Display Content & Services.