Top News:
TechCrunch:
Reporting by India's The Wire on Meta and India's ruling party comes under scrutiny after questions about the authenticity of a document and an email screenshot — Who would have the least to lose and most to gain by undermining credibility in the press? — Tech giants and news organisations sparring over news reporting isn't new.
Discussion:
@guyro, @swodinsky, The Wire, @krantisaran, @billyperrigo, @thewire_in, @swodinsky, @swodinsky, @profcarroll, @vivekagnihotri, @alexstamos, @abhijitmajumder, @alexstamos, @alexstamos, @william_fitz, @karnikakohli, @mmpandit, @jahnavi_sen, @alexstamos, @alexstamos, @svaradarajan, @mitalilive, @zackwhittaker, @parismartineau, @internetfreedom, @therealnaomib, @rmac18, @swodinsky, @swodinsky, @pbhushan1, @ramprasad_c, @ch4r10t33r, @timnitgebru, @billyperrigo, @swodinsky, @swodinsky, @evacide, @drewpusateri, @andymstone, @vsirnate, @mkvenu1, CNN, @szhang_ds, @internetfreedom, Facebook Journalism Project, MediaNama, Financial Times and New Yorker
Anna Merlan / VICE:
Leaked footage: Fox edited out Kanye West's bigoted and bizarre statements to Tucker Carlson about Jewish people, “fake children”, visions from God, and more — Motherboard obtained footage of Ye making bigoted statements about Jewish people and bizarre claims about “fake children …
Discussion:
Washington Post, New York Times, The Hollywood Reporter, Columbia Journalism Review, @pbump, @pbump, @learmonth, @tvietor08, TODAY.com, @metzgov, @bendreyfuss, Media Matters for America, The Hill, @phil_lewis_, The Forward, Los Angeles Times, The Wrap, @joeconason, @pkafka, Deadline, Mediaite, @azi, @katiephang, @bendreyfuss, @bradmossesq, The Guardian, @juddlegum, Billboard, @joshuatopolsky, @brianbeutler, @alex_panetta, @janecoaston, @eugene_scott, @stevesilberman, @blackamazon, @blackamazon, @mattgertz, @joshtpm, @ramalicia, @juddlegum, @brandyzadrozny, Page Six, The Daily Beast, Rolling Stone, @jeffjarvis, Quartz, Boing Boing, E! Online, BBC and CNET
Todd Spangler / Variety:
NBCUniversal partners with Meta to bring VR experiences to Quest headsets in 2023, from The Office, DreamWorks, Blumhouse, the Peacock streaming app, and more — Ready to mingle with the Dunder Mifflin gang in virtual reality? — Meta, looking to spark broader interest in VR …
Discussion:
The Verge, CNET, oculus.com, TechCrunch, Agence France-Presse, MacRumors, Meta, ScreenRant, @readdanwrite, Wall Street Journal, Kotaku, Reuters, Forbes, CNN, AppleInsider, Wired, CNET, Bloomberg, TechCrunch and Protocol, more at Techmeme »
Deadline:
Warner Bros. Television Group shuts down its digital short-form programming division Stage 13 and its Television Workshop for emerging writers and directors — Layoffs are underway at Warner Bros Television Group on Tuesday. The cuts include the closing of digital short-form programming division Stage 13 …
RELATED:
Michael Schneider / Variety:
Warner Bros. Television Group laid off 82 employees on October 11, or 19% of its workforce, and cut 43 vacant posts, totaling a 26% drop from ~481 positions
Discussion:
The Wrap, @rfaughnder, Los Angeles Times, The Hollywood Reporter, CBR, @dennisbhooper, The Wrap, @trevordmoretz, @variety, @sampalmeri_, Deadline and IndieWire
Richard Lawler / The Verge:
CNN closes its “Vault by CNN” NFT project, opened in 2021 to let anyone “own a piece of history”, and plans to compensate users with FLOW tokens or stablecoins — You may have already forgotten about it, but Vault by CNN launched in the summer of 2021 as a marketplace …
Discussion:
@vaultbycnn, @uncrownedjules, @scruffur, @prettybadlefty, @jbenton, CoinDesk, @mdudas, @randy_gage, @neerajka, @andy8052, @pressgazette, @akwyz, @jbenton, @sarahscire, @patdennis, @agraham999, @rjcc, @emilyjnicolle, The Hill, Fortune and Shelly Palmer
Mark Stenberg / Adweek:
Bloomberg Media plans to stop serving open-market third-party programmatic display ads in 2023 and ditch Taboola recommendations, to improve the user experience — The publisher will use the inventory, in part, to promote other product offerings — The business news publisher Bloomberg Media …
Discussion:
The Rebooting, @markstenberg3, @bbgmedia, @seangriffey and @acfou
Charlotte Tobitt / Press Gazette:
The Financial Times reports a £4.3M pre-tax profit in 2021, up from a £29M pre-tax loss in 2020, and a £31M operating profit on £438M of 2021 operating revenue — The Financial Times has reported a strong “rebound” from Covid-19 in 2021, returning to profitability and growing revenues by almost a fifth.
Discussion:
@wturvill
Sara Fischer / Axios:
Over a dozen job openings hint TikTok plans to open fulfillment centers in the US as the company looks to build an “international e-commerce fulfillment system” — TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system …
Alex Barker / Financial Times:
The UK's Reach says the marketing blackout after the Queen's death sent print advertising down by almost a third and digital revenue down 8% in September 2022 — Reach's print advertising drops by a third in September and digital revenues slide — The publisher of the Daily Express …
Discussion:
Press Gazette and HoldtheFrontPage
Digiday:
Sources: Apple holds early discussions with media agencies over monetizing its original video content through ads, possibly as early as 2023 — Apple's growing designs on the ad industry are already well-documented with the iPhone maker's media unit already generating $4 billion per year on search.
Discussion:
MacRumors, AppleInsider, 9to5Mac and @larakiara
Jon Lafayette / Next TV:
Nielsen Holdings closes its sale to a private equity consortium led by Elliott and Brookfield in a ~$16B all-cash deal including debt — Deal comes before Nielsen One rollout — Nielsen Holdings said that it completed its sale to a group of private-equity investors led by Elliott Investment Management …
Discussion:
Nielsen Holdings plc and Inside Radio
Georg Szalai / The Hollywood Reporter:
Comcast promotes CFO Mike Cavanagh to president, the third president in the company's 59-year history; Cavanagh will remain CFO — “Mike will be only the third president in the company's 59-year history.” — Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the role of president.
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