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Deep dive inside Condé Nast amid years of drama, downsizing, and shakeups sheds light on Anna Wintour and others' struggle to revert falling influence and sales — “It's dreadful,” Anna Wintour said in early October, looking out the south-facing windows of her 25th-floor office …
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@kerrymflynn, @petersterne, @sruthijith, @lisatozzi, @teri_ktm, @chaykak, @tomgara, @mradamtaylor, @buzzfeedben, @leonoraepstein, @eiffeltyler, @cd_hooks, @simonowens and @kerrymflynn


AT&T CEO Randall Stephenson says the company forecasts that HBO Max will reach 50M US subscribers in its first five years after launching next spring — HBO Max will reach 50 million U.S. subscribers in its first five years after launching next spring, according to a forecast issued Monday …
Discussion:
CNBC, Business Insider, @dadehayes and Variety
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AT&T reaches a truce with activist investor Elliott Management, agrees to regular share buybacks, new directors, no more major M&A, and more in three year plan — Elliott had challenged telecom giant's strategy; AT&T commits to regular share buybacks, plans to avoid major acquisitions
Discussion:
Variety, Variety, Reuters, CNBC, Business Insider, Fox Business, CityAM, Ars Technica, The Verge, Bloomberg, Deadline, The Verge, @xpangler and New York Times


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:
@lucas_shaw, @reckless, @pkafka, @reckless, Hollywood Reporter and AT&T


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:
@kriscoratti, Washington Post, Fox News, CNN, The Wrap, New York Times, Newser, The Wrap, Washington Examiner, The Daily Beast, Mediaite, Fox News and Fox News


Spotify says its CFO Barry McCarthy, who pioneered the direct listing model for IPOs, is leaving in January and will rejoin Spotify's board — Spotify CFO Barry McCarthy is leaving the company in January. — Barry McCarthy, the pioneer behind a novel method to take companies public …
Discussion:
New York Times
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Spotify Q3: paid subs rose 31% YoY to 113M; MAUs grew 30% YoY to 248M; revenue up 28% YoY to €1.73B; net income of €241M, up from €43M in Q3 '18; stock up 16%+ — NEW YORK—(BUSINESS WIRE)— Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the third fiscal quarter …
Discussion:
Variety, AdExchanger, VentureBeat, Reuters, @ncsh, Hollywood Reporter, Engadget, @teddyschleifer and @claireatki, more at Techmeme »


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 »


With WaPo's new vertical Launcher, mainstream coverage of video games may finally overcome the “generational myopia” that excluded gaming from culture sections — With its new vertical Launcher, The Washington Post is the latest big outlet to dedicate resources to covering video games in a comprehensive manner.


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 …
Discussion:
@risj_oxford, @membershippzzle, @risj_oxford, @emgollie, @_felixsimon_ and @andrewhaeg


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, @floellabenjamin, @davidlammy and @mrjohnnicolson


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.