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4:10 PM ET, November 2, 2017

Mediagazer

 Top News: 
Bloomberg:
Memo: Breitbart benefactor Robert Mercer to sell his stake in Breitbart News to daughters and disavows Milo Yiannopoulos as he steps down as RenTech co-CEO  —  Renaissance Technologies' Robert Mercer plans to step down as co-chief executive officer effective Jan. 1, according to a letter he sent to investors in the firm's funds.
Alexandra Steigrad / WWD:
Conde Nast will close Teen Vogue print edition, cutting 80 jobs or 2.5% of their workforce, and will lower frequency of some titles, including GQ and Glamour  —  The publisher continues to slash costs as it builds up its digital business.  —  Condé Nast headquarters at 1 World Trade Center.
Erik Wemple / Washington Post:
A look at Fox News' smear of CNN's Jake Tapper, and how only ratings matter  —  The tweet from the main Fox News account seized upon the feverish overlaps among the mainstream media, religion and terrorism:  —  Too bad it was a crock.  The network that delights in calling out others …
Politico:
Prior actions shows Facebook, Google, and Twitter cannot be counted on to police themselves; it's time for proactive prevention with real oversight  —  Google, Facebook and Twitter took a beating on Wednesday testifying in front of the Senate and House Intelligence Committees …
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Washington Post:
Lawmakers release a sampling of Russian Facebook ads placed during and after campaign
Sean Burch / The Wrap:
AMC Networks profit jumps 25% YoY in Q3, revenue rises 2.1% YoY to $648M but narrowly misses estimates  —  AMC Networks — the entertainment conglomerate that includes a number of popular cable channels, including AMC, IFC and SundanceTV — posted a 25 percent increase in profit year-over-year …
Discussion: @thr and Broadcasting & Cable
RELATED:
Brian Steinberg / Variety:
Discovery Communications Q3 revenue rises 6% YoY to $1.65B while profit remains flat; ad and distribution revenue offset cost of Scripps Networks acquisition  —  Discovery Communications said its third-quarter profit was essentially flat as improvements in operations due to revenue …
Discussion: The Wrap
Graham Ruddick / The Guardian:
The BBC's political editor, Laura Kuenssberg, says online abuse and threats as well as real-life heckling are designed to silence her  —  Political editor speaks for first time about abuse and criticism she has received at meetings and in the media … The BBC's political editor …
Todd Spangler / Variety:
Edgar Bronfman Jr., former CEO and chairman of Warner Music Group, co-founds Waverley Capital, a media VC firm with Luminari Capital's Daniel Leff  —  Edgar Bronfman Jr., former chairman and CEO of Warner Music Group, has co-founded a venture-capital company focused on media and entertainment along …
Todd Spangler / Variety:
Viacom names Kelly Day head of new Digital Studios unit, will oversee development of original digital-native content and branded entertainment across platforms  —  Kelly Day is leaving AwesomenessTV after nearly four years to become president of the newly created Viacom Digital Studios unit.
Discussion: Digiday
Beatrice Verhoeven / The Wrap:
Filmmaker Brett Ratner to “step away from all Warner Bros.-related activities” amid sexual misconduct allegations  —  Brett Ratner has decided to “personally step away from all Warner Bros.-related activities” following a Los Angeles Times report Wednesday in which six women accused the producer of sexual misconduct.
Mike Snider / USA Today:
President of Gannett domestic publishing and USA Today publisher John Zidich retiring in April 2018 after more than 40 years at Gannett  —  McLEAN, Va. — After more than 40 years with Gannett, John Zidich is ready to hand off the responsibilities of the media company's domestic publishing portfolio.
Ken Doctor / TheStreet:
Print advertising now makes up 17% of revenue for The New York Times, and reader revenue tops 60%; 43% of ad revenue is digital  —  Roll those digital presses.  With its third straight better-than-the-economy-growth- rate quarter, New York Times Co. (NYT) can almost mark 2017 as its turnaround year.
Discussion: New York Times and @jayrosen_nyu
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BBC:
Three more men have alleged that actor Kevin Spacey sexually harassed or assaulted them; one was a teenager when the incident happened
 

 
From Techmeme:

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Mark Gurman / Bloomberg:
Sources: Apple is testing a more conversational version of Siri, dubbed “LLM Siri”, with plans to release it in spring 2026 as part of iOS 19 and macOS 16

Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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