Top News:
Adi Robertson / The Verge:
Zuckerberg cited a need for diversity of views when asked about Breitbart's presence in Facebook News, but also said News is only for high-quality, curated news — On Friday morning, Facebook announced its plan to spend millions of dollars on high-quality journalism, fueling the launch of a new dedicated news tab on its platform.
Discussion:
@mosseri, Columbia Journalism Review, Nieman Lab, @mosseri, New York Times, CNBC, Business Insider, @jeremymbarr, @juddlegum, @dansolomon, @omanreagan, @juddlegum, @originalspin, @slpng_giants, @karaswisher, @mathewi, @profcarroll, Metro.co.uk, CNN, @pkafka, @billt, @natesilver538, @moonalice, @oliverdarcy, @jayrosen_nyu, @lourdesgnavarro, @marcatracy, @willoremus, @mikeisaac, @caseynewton, @willoremus, @mikeisaac and @bernstein, more at Techmeme »
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Justine Coleman / The Hill:
WaPo drew backlash for its digital headline on an obit of ISIS's Abu Bakr al-Baghdadi, calling him an “austere religious scholar”; the headline has been changed — The Washington Post changed the headline on its obituary for ISIS leader Abu Bakr al-Baghdadi after initially calling him an …
Discussion:
Washington Post, @kriscoratti, The Wrap, Poynter, Fox News, New York Times, CNN, Washington Examiner, The Week, Fox News, The Daily Beast and Mediaite
Brian Steinberg / Variety:
NBCUniversal says it would release ex-NBC News staffers who believe they were sexually harassed from NDAs, in a statement read by Maddow before Farrow interview — NBCUniversal said Friday night it would release former NBC News staffers who believe they were sexually harassed from confidentiality …
Discussion:
New York Times, @maddowblog, @mayawiley, @speakermentors, @rmonnar, @kcorr54, @thr, @julieroginsky, @karaswisher, @yashar, @jonlovett, Hollywood Reporter, Mediaite, The A.V. Club, @ronanfarrow, @julieroginsky, @brianstelter, @lynnshawprod, @politicussarah, @jayrosen_nyu, Slate, HuffPost, TVNewser, Axios, Deadline, TVWeek.com and Mediaite
Spotify:
Spotify beats Q3 expectations with premium subscribers rising 31% YoY to 113M, MAUs growing 30% YoY to 248M, on revenue of €1.73B, up 28% YoY — NEW YORK—(BUSINESS WIRE)— Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the third fiscal quarter of 2019 ending September 30, 2019.
Discussion:
Variety, VentureBeat, Reuters, @teddyschleifer, @claireatki, @ncsh, Engadget and Hollywood Reporter, more at Techmeme »
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Theodore Schleifer / Vox:
Spotify says its CFO Barry McCarthy, who pioneered the direct listing model for IPOs, is leaving in January and will rejoin Spotify's board — Barry McCarthy is leaving as Spotify's CFO in January. — Barry McCarthy, the pioneer behind a novel method to take companies public …
Nieman Lab:
Reuters Institute: how Rappler, Daily Maverick, and The Quint are retreating from engaging audiences at-scale via social media to build stronger communities — Dramatic shifts in the media landscape over the past two decades — including the advent of social media, the rise of participatory audiences …
Darrell Etherington / TechCrunch:
Nvidia unveils new $149 Shield TV and $199 Shield TV Pro with a faster Tegra X1+ processor, AI-based 4K upscaling, Dolby Vision HDR, and Dolby Atmos support — NVIDIA has a new family of Android TV-based streaming devices, as tipped early via a couple of leaks from online stores.
Discussion:
The Streamable, VentureBeat and Variety, more at Techmeme »
Paul Farhi / Washington Post:
Trump's South Lawn press gaggles, of which there have been 75, allow him to grab the spotlight while marginalizing the press — A great racket rises, like a symphony of a thousand hedge trimmers, from the South Lawn of the White House. A shambling pack of men and women …
Discussion:
The Hill
Fred Nicolaus / Business of Home:
Profile of Food52, a media and ecommerce platform majority-owned by The Chernin Group that began as a recipe blog and now sells a wide range of home products — Summer is wedding season, but summer's over. This autumn, it's media companies that are getting married.
The Guardian:
BBC presenter Samira Ahmed launches equal pay case, says she was paid £440/episode for Newswatch while Jeremy Vine was paid £3,000/show for Points of View — Presenter claims being paid one-sixth of Jeremy Vine's pay amounts to unfair treatment
Discussion:
Press Gazette, @mrjohnnicolson, @davidlammy and @floellabenjamin
Dade Hayes / Deadline:
AT&T lost 195K AT&T Now customers and 1.2M premium TV subscribers in Q3, reports revenues of $44.6B, says Randall Stephenson will stay on as CEO in 2020 — AT&T delivered a mixed bag of third-quarter results, beating Wall Street estimates for adjusted earnings per share by a penny but falling short of revenue expectations.
Discussion:
New York Times, Hollywood Reporter, AT&T, @reckless, @reckless and @pkafka
Cynthia Littleton / Variety:
AT&T says it will sell its majority stake in Central European Media Enterprises to Czech investment firm PPF Group for $1.1B in cash, shedding $575M in debt — AT&T has struck a deal to sell its majority stake in Central European Media Enterprises for $1.1 billion as part …
Discussion:
The Wrap, Deadline and Hollywood Reporter
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