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9:45 PM ET, November 2, 2016

Mediagazer

 Top News: 
Nick Denton / Medium:
Nick Denton confirms Gawker Media has settled with Hulk Hogan; three true stories will be removed, and staffers with equity can recoup salary or bonuses  —  After four years of litigation funded by a billionaire with a grudge going back even further, a settlement has been reached.  The saga is over.
RELATED:
Peter Kafka / Recode:
Gawker Media settlement gives $31M to Hogan, $1.25M to two other plaintiffs represented by Charles Harder, and sets a reserve of $3.5M for other possible claims  —  It's (just about) over.  —  Nick Denton always insisted he would beat Hulk Hogan and Peter Thiel in court.  Now we'll never know.
Peter Kafka / Recode:
Growth at Google and Facebook makes up all of the digital ad growth in 2016, some analysts say, as other companies facing shrinking shares  —  Uh-oh!  —  It's finally happening: Advertisers have started moving big chunks of their budgets from traditional media to the internet, and digital advertising is booming.
RELATED:
Kurt Wagner / Recode:
Facebook's mobile ad business brought in $5.7B in Q3 2016, representing 84% of all the company's ad revenue  —  Facebook beat Q3 earnings estimates Wednesday.  —  Facebook delivered for Wall Street again — and its mobile ad business is driving the bus.  —  The social giant beat earnings …
Sydney Ember / New York Times:
NYT reports Q3 print ad revenue down 19%, but digital ad revenue up 21% to $44M, 116K digital-only subs added, bringing total to 1.3M, revenue 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.
RELATED:
Kelsey Sutton / Politico:
Wall Street Journal to debut overhauled, slimmed down version of print paper on November 14 and will cut staff from newsroom, including roughly 20 from one team  —  The Wall Street Journal will debut an overhauled and slimmed-down version of its print product on Nov. 14 in an effort …
Oliver Darcy / Business Insider:
Source: CNN has completed investigation into Brazile leak; Jeff Zucker says CNN will not work with TV One again, the network they partnered with for town hall  —  CNN president Jeff Zucker on Wednesday said the network had completed an investigation after it was revealed interim Democratic …
Farhad Manjoo / New York Times:
Online news offers so many choices, it allows readers to confirm their biases and filter out news they don't like; fact-checking has proven ineffective  —  Next week, if all goes well, someone will win the presidency.  What happens after that is anyone's guess.  Will the losing side believe the results?
CNBC:
Sources: Apple is uninterested in buying Time Warner but the regulatory approval process for AT&T's bid could last months and things could change  —  Apple not interested in buying TWX at present: Sources  —  CNBC's David Faber reports the latest on Time Warner and addresses rumors …
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.
Sarah Sluis / AdExchanger:
Ad tech company Rubicon lays off 19% of workforce, or 125 jobs, lowers guidance for Q4; ad spending flowing through the platform declined 1% in Q3  —  Rubicon will lay off 19% of its workforce, totaling 125 jobs, completing the reorganization it began in Q2.  The company is also lowering its guidance for Q4.
Jon Brodkin / Ars Technica:
Department of Justice sues DirecTV and its owner, AT&T, claiming collusion with competitors during carriage talks for Los Angeles Dodgers games  —  Dodgers games blacked out after pay-TV companies colluded, DOJ lawsuit says.  —  The Department of Justice today sued DirecTV and its owner …
 
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 More News: 
John Ourand / SportsBusiness Daily:
Interview with Richard Sandomir on his 25 years of writing for The New York Times' sports section and his move to obituaries
Lisa Hagen / The Hill:
Trump campaign CEO Stephen Bannon says he will return to alt-right news site Breitbart, where he was executive chairman, when the election is over
Discussion: BuzzFeed, The Wrap and TheBlaze
Rick Edmonds / Poynter:
INMA and NAI study says native ads will account for 25% of ad revenues by 2018, finds 48% of newspaper media are doing some form of native ads
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
 Earlier Picks: 
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
Washington Post:
Venezuela more stringent with work visa rules, stops reporters who had previously entered the country without work visas from entering, amid mounting turmoil
Todd Spangler / Variety:
Turner launches FilmStruck, a streaming video service with indie, foreign, classic, and cult films; plans cost from $7/month but service limited to US for now
 

 
From Techmeme:

OpenAI:
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Bloomberg:
Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea
 
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