Top News:
Sydney Ember / New York Times:
NYT Q3 earnings: print ad revenue drops 19% but digital ad revenue up 21% to $44M, 116K digital-only subs added, bringing total to 1.3M, rev down 1% to $364M — The New York Times Company reported a steep decline in print advertising revenue for the third quarter on Wednesday, adding to the newspaper industry's woes.
Discussion:
The Wrap, FishbowlNY, Business Wire and @benmullin
Nilay Patel / The Verge:
A look at how The Verge generates revenue, the technology it's built for creating and distributing ads, Hymnal and Concert, and its plans for the future — Platforms, united — The Verge turns five on November 1st, and we're in the process of refreshing our entire brand for the next five years.
Discussion:
Nieman Lab, @mattervc, @ylichterman, @noahchestnut, @krogsgard, @melissabell, @sbnlukethomas, @reckless, @markguim, @fcollective, @waxpancake and @lexjuneja
Michael Calderone / The Huffington Post:
Source: CNN Chief Jeff Zucker blasts Donna Brazile in Tuesday editorial call, describing her interactions with Clinton campaign as “unethical” and “disgusting” — Network boss has “no tolerance” for tipping off a campaign with debate questions.
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Gerry Smith / Bloomberg:
Time Warner Q3 earnings beats estimates with revenue of $7.17B; sales at Turner, including CNN, TNT, and TBS, rise 8.8% YoY to $2.61B, HBO sales up 4.3% — Media giant being acquired by AT&T raises full-year forecast — Time Warner Inc., the owner of the Warner Bros. studio …
Discussion:
Variety, Broadcasting & Cable, The Wrap, Deadline, Seeking Alpha, Hollywood Reporter and TheStreet.com
Oriana Schwindt / Variety:
US election boosts October cable TV ratings, with CNN winning 25-54-year-olds for the first time in 15 years — The current election may be tearing America apart at the seams, but the one thing everyone seems to be unable to do is look away. The three major cable news bastions — Fox News …
Discussion:
TVNewser, TVNewser, CNN, @brianstelter, @brianstelter, TVNewser, The Wrap, Business Insider and Mediaite
Brian Flood / The Wrap:
Tronc misses with Q3 revenue of $378M, down from $406M in Q3 2015; CEO Justin Dearborn says it's “unfortunate” Gannett's lenders withdrew from deal — Tronc unveiled its third-quarter 2016 earnings on Tuesday with revenues of $378 million, down 6.9 percent compared to $406 million in the third quarter of 2015.
Discussion:
tronc, inc., Bloomberg and Fortune
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Paul Barbagallo / Bloomberg:
Gannett drops its $683M bid for rival Tronc; source says deal collapsed after bankers pulled out
Discussion:
LA Observed, Variety, Poynter, New York Times, Melville House Books, Poynter, Washington Post, Politico, Business Insider, The Wrap, Forbes, Fortune, Editor & Publisher, Fortune, New York Times, @pkafka, Quartz, @melbournecoal, Wall Street Journal, CNNMoney, @gerryfsmith, @rosental, @jbenton, Reuters, Associated Press, TheStreet.com and NASDAQ.com
The Daily Beast:
Sources: Mark Burnett is continuing to threaten current and former Apprentice staff with legal action should they leak information about Trump's on-set behavior — Reality-TV kingpin Mark Burnett and his associates say that they aren't pressuring anyone over a series of damaging leaks …
Discussion:
@robinwasserman, @gideonresnick, @swin24, @gideonresnick, @teresakopec, @chriscjackson and @comfortablysmug
Stefan Nicola / Bloomberg:
YouTube strikes deal with German royalty-collection group Gema, ending seven years of legal battles and unblocking thousands of music videos in the country — @StefanNicolaBBG More stories by Stefan Nicola — Video service to pay licensing fees for clips shown in Germany
Discussion:
Engadget, YouTube Blog, The Next Web, New York Times, TorrentFreak, Billboard, DW.COM, PR Newswire, Yahoo, The Independent, VentureBeat and Music Ally
Washington Post:
Venezuela more stringent with work visa rules, stops reporters who had previosly entered the country without work visas from entering, amid mounting turmoil — Venezuelan authorities stopped a Washington Post reporter at the Caracas airport late Monday night and denied him entry …
Discussion:
@marianowrites, @peterbakernyt and @davidluhnow
Rob Price / Business Insider:
Business Insider's US site and Inc hacked by hacking group OurMine early Wed morning; BI employee may have used same password across multiple sites — Business Insider was hacked on Wednesday morning. — Attackers identifying themselves as OurMine posted and edited some stories on the US version of the website.
James Silver / Guardian:
Interview with WaPo executive editor Martin Baron, on the paper's Access Hollywood scoop, Trumps' media blacklist, Jeff Bezos, future editorial plans, more — The Washington Post's executive editor on breaking Trump's Access Hollywood hot mic moment and the surprising positives of working beside Amazon engineers
Natasha Lomas / TechCrunch:
ProPublica adopts Politwoops and four other Sunlight Labs projects using open government data; several other Sunlight projects are headed to other organizations — Politwoops, the service that preserves politicians' deleted tweets for posterity and to hold them to account, has a new parent …
Discussion:
Politico, ProPublica, @hadas_gold and Sunlight Foundation Blog
Joseph Lichterman / Nieman Lab:
The AP is experimenting with machine learning to automate the process of converting print stories to broadcast format — The experiment is part of a larger effort by the news agency to incorporate automation into its journalism. — On average, when an AP sportswriter covers a game …
Discussion:
@johnny_hansel
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