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4:00 PM ET, October 31, 2019

Mediagazer

 Top News: 
Casey Newton / The Interface:
Twitter's political ad ban will run into enforcement issues on defining issue ads and possibly disadvantage lesser-known or nontraditional candidates  —  If you've ever wondered about the value of having multiple social networks competing to develop the best products and policies, Wednesday offered us a clear example.
RELATED:
Kevin Webb / Business Insider:
Campbell Brown's defense of Facebook not fact-checking political ads: “It should be the role of the press to dissect the truth or lies found in political ads”  —  - Campbell Brown, Facebook's Head of News Partnership, said she was “astonished” by the media's response …
@jack:
[Thread] Twitter will stop accepting all political advertising on its platform globally starting November 22  —  We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons...🧵
Margaret Sullivan / Washington Post:
It was heartening to see Twitter CEO Jack Dorsey cut out a part of his business that he realizes he can't control  —  It's always hazardous to ascribe motivations of altruism to a tech titan.  —  They are driven by many things — mostly money, power and avoiding regulation …
Josh Constine / TechCrunch:
In an earnings call, Mark Zuckerberg defends Facebook's political ads policy, estimates ads from politicians will be less than 0.5% of company's revenue in 2020
Emily Stewart / Vox:
Jack Dorsey's announcement that Twitter will cut out political ads increases the pressure for Facebook and Mark Zuckerberg to follow suit
Marc Tracy / New York Times:
In a revolt at Deadspin after the firing of top editor Barry Petchesky, at least 8 journalists resigned Wednesday; 6 of 10 staff writers quit in the past week  —  On Monday, the journalists at the freewheeling website Deadspin were instructed by its owners to stick to sports.
RELATED:
Drew Magary:
Drew Magary, “cheerfully profane sports blogger at-large”, resigns from Deadspin  —  I resigned from Deadspin today.  No more Funbag questions.  No more Jamboroos.  No more telling you why your team, and your children's television program, and the St. Louis Cardinals, and Christmas catalogs, and mayonnaise all suck.
Brian Steinberg / Variety:
Catherine Herridge is leaving Fox News, where she's worked since 1996, for CBS News: “I feel privileged to join a team where facts ... will always matter”  —  Catherine Herridge, a Fox News Channel veteran who has been with that network since it was founded in 1996, is moving to rival CBS News.
Tony Maglio / The Wrap:
AMC Networks beats Q3 expectations with net income of $117M, up from $111M in Q3 2018, on revenue of $718.6M, up 3.1% YoY; ad revenue fell $2.6% to $194M  —  Aided by income tax cuts, AMC Networks reported better-than-expected Q3 earnings on Thursday, but the company whiffed on revenue estimates as domestic ad sales declined.
Lucinda Southern / Digiday:
Amazon is rolling out its Onsite Associates Program in Europe, starting in the UK; publishers add their product reviews on Amazon for a cut of the purchase  —  Amazon has been rolling out its invite-only Onsite Associates Program in Europe.  The program consists of product-buying guides created by affiliate publishers on the platform.
Reuters:
Thomson Reuters beats Q3 expectations with profit of $262M, up 51% YoY, on revenue of $1.41B, up 10% YoY, thanks to revenue paid by Refinitiv to Reuters News  —  NEW YORK (Reuters) - Thomson Reuters Corp (TRI.N) (TRI.TO), parent of the Reuters News agency, reported higher …
Crunchbase:
Crunchbase, which aggregates and provides business information on public and private companies, raises $30M Series C led by Omers Ventures  —  We are excited to share that Crunchbase just closed a $30 million dollar Series C funding round led by OMERS Ventures.
 
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 More News: 
Charlotte Tobitt / Press Gazette:
The Ozone Project, the digital ad sales venture by News UK, Reach, the Guardian, the Telegraph, and others, says it reaches 99% of the UK's online population
Scott Roxborough / Hollywood Reporter:
Netflix will lease more space in Amsterdam for its Europe, Middle East, and Africa headquarters, adding room that can accommodate about 800 employees
 Earlier Picks: 
Richard Stengel / Washington Post:
States should experiment with hate speech statutes given that the idea that underpins the First Amendment, that the truth will out, no longer holds
Discussion: Redstate and The Atlantic