Top News:
Bloomberg:
Source: the idea for Trump TV began as a threat Jared Kushner issued to Roger Ailes when Trump's circle was unhappy with the tenor of Fox News' coverage — Win or lose, the Republican candidate and his inner circle have built a direct marketing operation that could power a TV network—or finish off the GOP.
Discussion:
Talking Points Memo, NBC News, @espiers, @blakehounshell, @dandrezner, @jacobkornbluh, @mims, @mlcalderone, @theplumlinegs, @joshuagreen, @brendannyhan, @mims, @gabrielsherman and The Week
Joe Flint / Wall Street Journal:
Sources: Megyn Kelly seeks $20M for next Fox contract; Rupert Murdoch said he hopes to get contract signed soon and also wants to renew Bill O'Reilly's contract — ‘The Kelly File’ host is in active negotiations; keeping her at the network is a priority for management, including Rupert Murdoch.
Discussion:
TVNewser, Adweek, Politico, The Week, New York Times, @brianstelter, Variety, Mediaite, CNNMoney, @brianstelter, Refinery29 and People.com
Matthew Lynley / TechCrunch:
Twitter reports Q3 2016 revenue of $616M, beating expectations of $606M, as MAUs grow 4M to 317M; stock up 4% pre-market — With Twitter's acquisition hopes essentially dead, the company now seems it's on its own to fend for itself and needs to figure out a way to build a reasonable and profitable business.
Discussion:
Adweek, Forbes, VentureBeat, ZDNet, Politico, Variety, Business Insider and The Drum
Ken Doctor / Politico:
Sources: Gannett's billion-dollar deal to buy Tronc is put on hold, likely because of ongoing negotiations over a joint-ownership plan for the LA Times — In deal on table, Los Angeles Times would be jointly owned by Gannett and Dr. Patrick Soon-Shiong — On Wednesday afternoon it looked …
Discussion:
Political Insider blog, Poynter and Washington Post
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:
Los Angeles Times, USA Today, @sarahfrier, Forbes, Fortune, VentureBeat, Vanity Fair, Fast Company, Business Insider, New York Magazine and TechCrunch
Ina Fried / Recode:
Verizon is buying and shutting down Vessel, founded by former Hulu CEO Jason Kilar; co-founder Richard Tom to be CTO for Verizon digital efforts including Go90 — Kilar won't be joining Verizon, but his co-founder, Richard Tom, will. — Verizon said Wednesday it is buying the technology behind Vessel …
Discussion:
Variety, Vessel, Hollywood Reporter, Engadget, @vessel, @hankgreen, @pkafka, @rafat, Multichannel News, VentureBeat, Mashable, The Wrap, TechCrunch, @pkafka and @inafried
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, New York Times, Bloomberg, @kkalmes2, @mathewi, @ranimolla, @vauhinivara and @newyorker
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Peter Kafka / Recode:
Apple to unveil its new TV guide Thursday, aggregating available content and using deep links to ease searching; sources say Netflix won't be included — It's an easier way to find and watch video on Apple TV. — Apple plans to unveil its new version of a TV guide tomorrow during a product event in California.
Discussion:
USA Today, Guardian, Gizmodo, @pkafka, Pocket-lint, 9to5Mac, The Verge, TechnoBuffalo, Quartz, Engadget, Business Insider, AppleInsider, AppAdvice.com Latest, MacRumors and MacDailyNews
TechCrunch:
Twitter tests not showing usernames in replies and not counting them against character limit — #Beyond140 is coming to fruition with the removal of one of the most annoying laws of Twitter. Some iOS users are now part of a test group that no longer sees a recipients' usernames appear …
Discussion:
The Next Web, Gizmodo and Fast Company
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:
Techdirt, @eff and @efffalcon
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Freddy Mayhew / Press Gazette:
Sun crime reporter Anthony France has had his Elveden conviction quashed by Court of Appeals — Sun journalist Anthony France has had his conviction for aiding and abetting misconduct in a public office quashed by the Court of Appeal, with a retrial deemed “not in the public interest”.
Discussion:
Guardian, BBC, Guardian, @pressgazette, @bytomwells, Crimeline, @brianaflynn and @dbanksy
Joseph Lichterman / Nieman Lab:
Quartz launches first non-English product, La Agenda, a Spanish-language email newsletter combining original content with news translated from the Daily Brief — Quartz on Wednesday launched its first non-English product, a Spanish-language version of its daily Daily Brief email newsletter …
Discussion:
Talking Biz News
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:
Fortune, Broadcasting & Cable and The Wrap
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