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 …
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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.
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, Fortune, AOL and The Huffington Post
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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, claims his only interest is in winning the election
Discussion:
Vanity Fair, FishbowlDC, AOL, @kailijoy, Mediaite, Ad Age, Variety, Politico, @zekejmiller, @alivitali, @petergleick, Talking Points Memo, @brianstelter, @kfile and @sopandeb
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.
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
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.
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.
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.
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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.
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