Top News:
Annie Palmer / CNBC:
Netflix reports Q3 revenue of $5.25B, up 31% YoY, 158M paid subs globally, up 21% YoY, as net adds increase to 6.8M, up 12% YoY but below 7M company forecast — - Shares of Netflix surged after the company reported better-than-expected earnings results for the third quarter.
Discussion:
Netflix, Fast Company, The Wrap, Bloomberg, The Wrap, @xpangler, Ad Age, Vox, Yahoo Finance, Variety, Axios, @pkafka, Hollywood Reporter, @pkafka, @masasoncap, @jeffersongraham and 9to5Mac, more at Techmeme »
Rick Edmonds / Poynter:
Sources: USA Today's print version likely will wind down after Gannett-GateHouse merger; USA Today publisher, however, says no plans exist to end print edition — After a nearly 40-year run, USA Today and its digital sites are about to undergo a major restructuring that will include building …
Kelsey Sutton / Adweek:
NBC News and Wondery team up to develop a slate of original news and politics podcasts beginning in 2020; NBC News will continue developing in-house podcasts — Podcast publisher will also take over advertising sales and marketing — NBC News and Wondery are teaming up to develop a slate …
Craig Silverman / BuzzFeed News:
Investigation: US ad agency Ads Inc. ran a subscription-based Facebook scam whereby users rented their account to Ads Inc., which ran $50M in ads since 2016 — Asher Burke built his company, Ads Inc, on the back of one of the internet's most persistent, lucrative, and sophisticated scams — the subscription trap.
Discussion:
@rmac18, @vermontgmg, @craigsilverman, @rschooley, @bruce_arthur and Boing Boing, more at Techmeme »
Natalie Jarvey / Hollywood Reporter:
Inside Bob Iger's risky bet on Disney+, set to launch with 35 originals in first year, which executives hope will have 60M to 90M global subscribers by 2024 — Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition …
Discussion:
/Film, @davidpoland, Business Insider, @manabyte, @thrmattbelloni and @alexweprin, more at Techmeme »
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Matthew Belloni / Hollywood Reporter:
Q&A with Lachlan Murdoch about post-Disney plans, Fox Nation success, infighting at Fox News: “unfortunately in the [US], there is less and less civil debate” — The Fox Corp. executive chairman and CEO explains his vision for a slimmed-down company, from acquisitions to sports betting as …
Joe Otterson / Variety:
Mike Isaac's book, Super Pumped: The Battle for Uber, will be the basis for a Showtime series by Billions creators Brian Koppelman and David Levien — Brian Koppelman and David Levien are developing a limited series about ridesharing company Uber for Showtime.
Discussion:
@mikeisaac, Business Insider, @tomstonemayer, @poniewozik, The Verge, @briankoppelman, Deadline, @pkafka, @jank0, @laurawags and The Wrap, more at Techmeme »
Hollywood Reporter:
Inside's Apple steep learning curve with TV+ and Hollywood, as sources say the company already well outspent its projected $1B annual content budget — After a few false starts and a little offscreen drama, AppleTV+ finally makes its big debut with a slate of shows, Jennifer Aniston …
Discussion:
@thr, Fortune, @trippmickle, @thrmattbelloni, @designatednerd, @snoodit, @fattailcapital, @thr, @erichaywood, @jamiepastore9, @thr, @jason, @wallstcynic, Deadline, Decider, /Film, Vanity Fair, MacRumors, The Playlist and 9to5Mac, more at Techmeme »
Todd Spangler / Variety:
Thrillist names Helen Hollyman, food writer and founding editor of Vice's Munchies, as its new editor-in-chief — Thrillist, part of Discovery-backed Group Nine Media, has named food writer and journalist Helen Hollyman its new editor-in-chief. — Hollyman will be based in Thrillist's …
Discussion:
MediaPost
Joe Uchill / Axios:
MIT researchers show ML models aren't yet capable of effectively distinguishing false news reports and reveal flaws in a commonly used database in the field — Current machine learning models aren't yet up to the task of distinguishing false news reports, two new papers by MIT researchers show.
Discussion:
Fast Company
Stephanie Findlay / Financial Times:
In India, food delivery company Zomato, ecommerce company Flipkart, and others are developing streaming video content to compete with Netflix, Amazon, Hotstar — As Netflix and Amazon splurge on original content to win streaming supremacy in India, Bollywood producer Tanveer Bookwala has never been so busy.
Discussion:
Livemint, more at Techmeme »
Tacey Rychter / New York Times:
Booktopia and Amazon in Australia, two of the country's biggest online booksellers, have suspended sales of Catch and Kill, due to Dylan Howard's legal threats — “Catch and Kill” was pulled from two of Australia's biggest online book retailers amid legal threats from the former National Enquirer editor …
Discussion:
Fox News, Mediaite, @suzannenossel, @ltthompso, @b_obermayer, The Guardian and Politico
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