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 …
Discussion:
NPR, Deadline, @ranimolla, @vauhinivara, @newyorker, Fortune, Ad Age, @bgr and Variety
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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.
Discussion:
The Wrap, Broadcasting & Cable and Fortune
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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.
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 …
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 …
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, LAist, Bookseller News, Publishing Perspectives, @nyuoltong, Washington Post and Telegraph
Joseph Lichterman / Nieman Lab:
Inside Fusion's experiment with commercial video game maker Hitcents to create a video game to accompany its documentary on gerrymandering — Traffic whizzed past Clint Waters and Matt Bitner as they stood on the side of Interstate 85 in North Carolina with Fusion correspondent Natasha Del Toro.
Discussion:
@fairdistrictspa, @wiselywisetweet, @fairdistrictspa and @queenofmetrics
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:
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