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6:10 PM ET, November 2, 2017

Mediagazer

 Top News: 
New York Times:
Joe Ricketts closes DNAinfo and Gothamist, a week after staff votes to join union; move cuts 115 journalists, including at SFist, LAist, DCist, and Chicagoist  —  A week ago, reporters and editors in the combined newsroom of DNAinfo and Gothamist, two of New York City's leading digital purveyors …
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 …
RELATED:
Washington Post:
Lawmakers release a sampling of Russian Facebook ads placed during and after campaign
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, Ad Age, The Wrap and PR Newswire
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
Discussion: The Wrap and ZDNet
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 …
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
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 More News: 
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
Beatrice Verhoeven / The Wrap:
Filmmaker Brett Ratner to “step away from all Warner Bros.-related activities” amid sexual misconduct allegations
 Earlier Picks: 
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:

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts got 17.1B views since July 2024

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake clients, like AT&T

Financial Times:
In its annual report, Apple warns of future products maybe never being as profitable as its iPhone business, “geopolitical tensions”, and AI tools' safety risks
 
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