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11:35 AM ET, November 3, 2016

Mediagazer

 Top News: 
Bloomberg:
Profile of Tronc chairman Michael Ferro, who is now tasked with saving the company after Gannett dropped its $683M bid and shares tumbled  —  In April 2012, Lupe Fiasco was on tour in Detroit when he got a phone call from a revved-up businessman named Michael Ferro.
Shan Wang / Nieman Lab:
Pew report: 59% of US adults who feel highly attached to their local communities follow local news closely, as do 52% of those who always vote  —  Know your neighbors?  You also probably know something about what's going on down at city hall.  —  Clinton vs. Trump (vs. Johnson vs. Stein vs. McMullin? …
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:
Nick Kalman / Fox News:
Casting notice goes out for new “up-and-coming” conservative news network, the timing of which suggests Trump TV, but no specific employer is identified  —  Donald Trump denies he is interested in launching a new conservative news venture, but somebody sure is.
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.
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 …
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 …
George Slefo / Ad Age:
IAB: search advertising on desktop saw its first-ever decline, falling 12% to $8.9B in first half of 2016, but mobile search advertising grew 105% to $7.4B  —  Digital advertising revenue surged to a new high of $32.7 billion for the first half of 2016, up 19% from last year's record $27.5 billion …
Discussion: @adage, Recode and Poynter
Hadas Gold / Politico:
NYT deputy politics editor Paul Volpe will join Politico next month as executive editor; current executive editor Peter Canellos will become editor-at-large  —  Big news on the homefront — Peter Canellos is taking on an investigate role and Paul Volpe is joining POLITICO from the New York Times.
 
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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
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
Ricardo Bilton / Nieman Lab:
Despite digital now accounting for 36% of NYT's overall revenue, Q3 earnings show print losses may be declining too rapidly to offset the slide
 Earlier Picks: 
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: TheBlaze, The Wrap and BuzzFeed
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