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3:00 PM ET, November 10, 2020

Mediagazer

 Top News: 
Megan Graham / CNBC:
Spotify acquires podcast hosting company Megaphone for $235M, giving all shows currently hosted on Megaphone access to Spotify's ad insertion tech  —  - Spotify has been on a podcast acquisition tear in the past couple years, striking deals for shows from those including Joe Rogan …
Jason Lynch / Adweek:
Nielsen is adding addressable ads to national TV measurement and will begin sharing data from 55M smart TVs and set-top boxes in the first half of 2021  —  Company will begin sharing data from 55 million smart TV and set-top box devices next year  —  For several years, networks and marketers alike …
Orion Rummler / Axios:
Fox News' Neil Cavuto cut away from Kayleigh McEnany's press conference on Monday after she accused Democrats of “welcoming” voter fraud without evidence  —  Fox News cut away from a Trump campaign press conference by White House press secretary Kayleigh McEnany on Monday …
RELATED:
Washington Post:
Inside the week that may have permanently ruptured the bond between Trump and Fox News as sources say Trump has vowed revenge on the network  —  The last day of Donald Trump's 2020 presidential campaign began just after 7 a.m., as polls opened on the East Coast, with a call to “Fox & Friends …
Dade Hayes / Deadline:
WarnerMedia CEO Jason Kilar sends memo announcing a new round of layoffs, though sources say initial reports of a 20%+ cut in costs are too high  —  A significant round of layoffs forecast last month at WarnerMedia is getting under way today.  CEO Jason Kilar emailed staffers this morning …
Sara Fischer / Axios:
Reuters is launching Reuters Professional, a B2B and B2C business line that will include industry-specific news, analysis, and events for decision-makers  —  Reuters is launching “Reuters Professional,” a new business line that will include news, analysis and events for decision-makers, executives tell Axios.
Meg James / Los Angeles Times:
LA Times and Tribune agree to a $3M settlement in a pay disparity class-action suit brought by Black, Latino, and woman journalists  —  The Los Angeles Times and Tribune Publishing have agreed to pay $3 million to resolve a class-action lawsuit brought by a multiethnic group of journalists …
Johannes Hellstrom / Reuters:
Swedish media group NENT plans to expand its streaming service Viaplay, which has 2.8M subscribers, to the US in late 2021 as a service offering Nordic dramas  —  STOCKHOLM (Reuters) - Sweden's NENT plans to tap into the demand for Nordic drama by launching its streaming service Viaplay …
Kali Hays / WWD:
AAM: US audiences for ~40% of magazines publishing at least quarterly fell in 2020, but 20 major titles, like Wired and Good Housekeeping, saw Q3 growth  —  New data shows certain major magazines have had a tough time with audiences so far this year, but a few have managed to thrive.
Discussion: @hayskali
Ashley Carman / The Verge:
Patreon partners with Acast, which will host creators' podcasts to simplify distribution of subscriber-only episodes and give them access to Acast analytics  —  Private RSS feeds are streamlined  —  Patreon's newest partnership might entice more podcasters to join its platform.
 
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 More News: 
Max Willens / Digiday:
How Slate uses first-party data to match listeners of its podcasts with visitors across its websites to improve ad targeting and achieve campaign goals
Chris Burns / SlashGear:
Sling Media, a subsidiary of DISH, says it is closing down today and all Slingbox devices and services will become inoperable in November 2022
New York Times:
Sources: MSNBC contributor Jon Meacham will no longer be a paid contributor after he failed to disclose on appearances that he helped write speeches for Biden
 Earlier Picks: 
Georg Szalai / Hollywood Reporter:
Univision reports Q3 revenue of $627.6M, down 8% YoY, and net income of $30.9M, down from $77.4M a year ago, with ad revenue down 18% vs. 42% in Q2
Lukas I. Alpert / Wall Street Journal:
Quartz CEO Zach Seward and Editor in Chief Katherine Bell will buy back the company from Japanese financial data and media company Uzabase
Lukas I. Alpert / Wall Street Journal:
Bloomberg Media launches Quicktake, its 24/7 streaming channel, with 10.5 hours of original content daily, as its website now has 250K subscribers paying $40/mo
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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