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4:30 PM ET, October 26, 2016

Mediagazer

 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 …
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 …
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.
RELATED:
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.
RELATED:
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
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
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 …
Discussion: The Wrap and VatorNews
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.
 
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 More News: 
Judith Matloff / Columbia Journalism Review:
Profile of the Economic Hardship Reporting Project, a program that helps lift aspiring writers from poverty into national media and ensures they get paid
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
 Earlier Picks: 
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
Discussion: @wblau
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January
 
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