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.
Discussion:
The New York Observer, Adweek, Folio, The A.V. Club, Fast Company, Variety, Jezebel, Fashionista, Mashable, @clarajeffery, The Wrap, Mediaite, @kimberlynfoster and twitchy.com
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 …
Discussion:
Stratechery, CNBC, Washington Post, @kurafire, TechCrunch, @kumailn, BuzzFeed, GeekWire, TechCrunch and TechCrunch, more at Techmeme »
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Dan Frommer / Recode:
19 of the 2,752 Twitter account names tied to Russia's Internet Research Agency used the word “news”; 27 included “novosti”, the Russian word for news — From @10_gop to @ZzzacharyZzz. — As the U.S. Congress continues to investigate Russian efforts to meddle …
Discussion:
@nerduno, @padresj, @mikeelgan, @mikeelgan, Mother Jones and Slate
Washington Post:
Lawmakers release a sampling of Russian Facebook ads placed during and after campaign
Discussion:
Axios, @kreissdaniel, New York Times, Slate, Hit & Run, CNNMoney, Mashable, BuzzFeed, @rasmus_kleis, Columbia Journalism Review, Business Insider, The A.V. Club, @politico, Washington Post, Peter O'Kelly's Reality Check, The Guardian, Engadget, Variety, Gizmodo, Fortune, @katestarbird, TechCrunch, @dnvolz, @carolleonnig, @lizzadwoskin, @thomasfuchs, @pinboard, BuzzFeed, The Daily Beast and CNNMoney
Alex Kantrowitz / BuzzFeed:
E-mail: Twitter offered Russia Today “share of voice” increase from 2% to 15% for $3M via ads during US election vs 56% SoV for CNN, 32% for Fox; RT declined
Discussion:
Nieman Lab, The Daily Caller, @juliadavisnews, Engadget, @adviserdavid, @topherspiro, @renan, @joshsternberg and @crewcrew
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
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Tucker Higgins / CNBC:
Pandora reports Q3 revenue of $379M, up 8% YoY, vs. $381M expected; 5.19M subscribers, up 29% YoY; 73.7M “active listeners” vs. 74.6M expected; shares fall 6% — Pandora Media on Thursday reported mixed quarterly results. — Here's how the company did compared with what Wall Street expected:
Discussion:
Pandora, more at Techmeme »
Paul Bond / Hollywood Reporter:
CBS reports mixed Q3 results with net earnings of $592M on revenue of $3.2B, vs. $3.3B estimated — Analysts weren't expecting much growth from CBS, and ditto for its competitors in the TV industry. — Revenue and profit for CBS both grew slightly in the third quarter compared …
Discussion:
The Wrap, Broadcasting & Cable and PR Newswire
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
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 …
Discussion:
Yahoo! News, @alliehbnews, The Independent and Press Gazette
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.
Discussion:
Washington Post, Business Insider, Variety, The Guardian, /Film, HuffPost, PAPERMAG, Rolling Stone, Los Angeles Times, AOL, Sputnik International, New York Times, NPR, @orlandosentinel, Hollywood Reporter, Bloomberg, 89.3 KPCC, @oliviamunn, The A.V. Club, Vanity Fair, LAist, Deadline, IndieWire, The New York Observer, Just Jared, Jezebel, East Bay Times, @latimes, @superdizzy14, @latimes, Consequence of Sound, @danielnmiller, TVWeek.com, Los Angeles Times and Splinter
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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