Top News:
Vine:
Twitter says it is discontinuing the Vine mobile app “in the coming months” — Since 2013, millions of people have turned to Vine to laugh at loops and see creativity unfold. Today, we are sharing the news that in the coming months we'll be discontinuing the mobile app.
Discussion:
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Todd Spangler / Variety:
Vine stars mourn the closing of the app that helped launch their careers, though they've shifted focus to other platforms like YouTube and Instagram — Twitter is shutting down Vine, its six-second video app, and the unexpected move touched off a wave of anger, bemusement and sadness among the platform's biggest creators.
Discussion:
The Atlantic, Recode, TechCrunch, Deadline, The Wrap, Adweek, Ad Age, Fortune, @mikeisaac, CNNMoney, Hollywood Reporter, Mashable, Forbes, VentureBeat, @alexandraerin, Engadget, USA Today, Washington Post, Business Insider and PAPERMAG
Matthew Lynley / TechCrunch:
Twitter reports Q3 2016 revenue of $616M, beating expectations of $606M, as MAUs increase to 317M from 313M last quarter — 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:
Radio & Television …, Variety, ZDNet, NPR, VatorNews, VentureBeat, SocialTimes, Business Insider, Forbes, Adweek, Politico, @digiphile and The Drum
Charlie Warzel / BuzzFeed:
The plan to shut off Vine confirms Twitter's focus on live, current events, just as news services do
Discussion:
TechCrunch, BuzzFeed, @greggweiss, @kerrymflynn, @katelosse, @cwarzel, @anthony, Fast Company and Mashable
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.
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Business Insider, Vanity Fair, Gothamist, Washington Post, New York Magazine, Fortune, @mlcalderone, The Daily Caller, NBC News, Talking Points Memo, Law News, Hit & Run, Politicus USA, Media Matters for America, The Verge, @joshuagreen, Fast Company, The Week, Slate, Mother Jones, @espiers, @blakehounshell, @dandrezner, @jacobkornbluh, @mims, @theplumlinegs, @joshuagreen, @brendannyhan, @gabrielsherman and @mims
Bloomberg:
Sources: banks financing Gannett potential takeover of Tronc have backed out, putting merger in doubt — Banks financing Gannett's potential takeover of Tronc have backed out, according to people familiar with the matter, putting a merger of the newspaper companies in doubt, Bloomberg News reports.
Discussion:
Bloomberg, The Wrap, Radio & Television …, @benmullin, Business Insider, @breakingnews, @lamonicabuzz, @businessinsider, @mgsiegler, @cnbc and @sherman4949
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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:
Poynter, @politico_media, Florida Politics, @cnbc, Political Insider blog, @palewire, @mattdpearce, @benmullin, @alexweprin, @davemckinney, @raju, @tmcgev and Washington Post
Michael O'Connell / Hollywood Reporter:
Q&A with CNN Worldwide president Jeff Zucker, on Trump TV, competing with Fox News, post-election strategies, Corey Lewandowski, and more — Less than two weeks shy of the election, Zucker speaks with THR about his network's winning strategy, narrowing the Fox News gap …
Discussion:
NPR, Washington Post, FishbowlDC and TVNewser
Jacob Kastrenakes / The Verge:
FCC approves privacy rules requiring ISPs get customer permission before sharing sensitive data like location, financial information, and browsing history — New privacy rules require opting-in to sensitive sharing — In a win for privacy advocates, the FCC voted this morning to place …
Discussion:
Washington Post, Variety, Broadcasting & Cable, The Wrap, AdExchanger, AgencySpy, Slate, ZDNet, Gizmodo and Techdirt
James Vincent / The Verge:
Apple announces TV app for Apple TV and iOS, coming in December, that will act as a hub for accessing shows, movies, live events from across different services — One app to rule them all — Apple may not be building its own TV, but it at least has its own TV guide. Sort of.
Discussion:
Wired, @jake_k, The Wirecutter, @pkafka, @rossrubin, Gizmodo, @shalini, Consumerist, Fortune, The Verge and Recode
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:
Variety, Adweek, Newser, FTVLive, Fortune, TVNewser, The Week, Dr. Jen Gunter, CNNMoney, Refinery29, Mediaite, People.com, @brianstelter, @brianstelter, Politico and New York Times
Suman Bhattacharyya / Ad Age:
BIA/Kelsey forecasts digital ads will overtake traditional ads in local US markets by 2018 — If there was any doubt that the future of local advertising is digital, the latest local ad revenue forecast from BIA/Kelsey confirms that revenue from local-focused online ads will exceed …
Discussion:
@mediashiftorg, @adage, @adage and Broadcasting & Cable
Craig Silverman / BuzzFeed:
Researchers doubt Facebook's algorithm-driven approach to Trending topics can stop fake news, viral lies, and hoaxes amid international expansion — The Trending product has repeatedly promoted false news, and experts say it may get worse as the company scales Trending internationally.
Discussion:
@lisatozzi, @brendannyhan, @buzzfeednews, @buzzfeednews, @heerjeet, @tlupick, @craigsilverman, @profcarroll, @elenaholodny, TechCrunch and Fast Company
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