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12:30 PM ET, October 26, 2016

Mediagazer

 Top News: 
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.
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  —  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.
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.
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.
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, VatorNews and Fortune
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 …
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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 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
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
Lucinda Southern / Digiday:
The Financial Times has 286K followers on Instagram, up from 40K a year ago, is adding thousands more each day
 Earlier Picks: 
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
Discussion: Adweek and FishbowlNY
Andrew Kaczynski / CNNMoney:
Donald Trump says he has no interest in setting up Trump TV, claims his only interest is in winning the election
 

 
From Techmeme:

Gaby Del Valle / The Verge:
NYC is partnering with Evolv, a weapons detection company that has faced scrutiny over its machines' accuracy, to test AI-based gun detectors on the subway

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

 
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