Top News:
Jon Porter / The Verge:
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022 — Kanye West, the musician also known as Ye, is buying Parler, a social media platform that styles itself as a “free speech” alternative to Twitter.
Discussion:
Bloomberg, Parler, @sarafischer, @bobbyallyn, Axios, CNN, Los Angeles Times, Adweek, @meridithmcgraw, The Desk, Wall Street Journal, ScreenRant, Insider, New York Magazine, Protocol, The Register, Associated Press, The A.V. Club, The Daily Beast, Vanity Fair, Quartz, New York Times, @goldengateblond, @reedgalen, Mediaite, Observer, Al Jazeera, TMZ.com, Ad Age, CNBC, CBS News, @parismartineau, @espiers, NPR, TechCrunch, Gizmodo, @oneunderscore__, Reuters, @jamesrbuk, @kinyanboy, @loudmouthjulia, The Guardian, @dgisserious, IndieWire, Billboard, Footwear News, @suka_hiroaki, @phil_lewis_, @trackinflation, @danlesac, @mlfromdeep, @karengeier, @imore, Variety, Rolling Stone, The Wrap, @mollyjongfast, FinSMEs, @mattyglesias, The Triad, @jordanonrecord, UPROXX, MediaPost, @pressgazette, @mmasnick, @jeffjarvis, @keithedwards, @cenkuygur, @seldo, Newser, @scobie, @justin_ling, @pierce, @sonnybunch, @eramdam, @caseynewton, @jbarro, Breitbart, abc7NY, Politico, Deadline, The Hollywood Reporter, Boing Boing, The Hill and Dystopian Living, more at Techmeme »
Wall Street Journal:
Sources: Rupert Murdoch's plan to recombine News Corp and Fox Corp. would boost the balance sheet for acquisitions and expand Lachlan Murdoch's responsibilities — Fox and News Corp are considering a proposal that they reunite though hurdles to a deal remain
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Reuters:
Sources: activist investor Irenic Capital Management, which has a $150M stake in News Corp, wants the company to split its media and online real estate units — Activist investor Irenic Capital Management, which has a $150 million stake in News Corp (NWSA.O), wants the company to split …
Discussion:
New York Times, @edmundlee, Axios and @benmullin
Zeynep Tufekci / New York Times:
After defamation lawsuits against Alex Jones, Fox News, and others, new regulations are needed to make it harder and less lucrative to lie to huge audiences — Alex Jones achieved the epitome of despicability and now has been ordered to pay for it. His lies — that parents of children killed …
Discussion:
@zeynep, @jamesgleick, @cwarzel, @gmbutts, @brooklynmarie, @nytimes, @davidoatkins, @bkcharvard, @zeynep, The Atlantic, Media Voices, @jason_kint and @drneilstone
Dade Hayes / Deadline:
Comcast's Spectacor division shuts down its video game-centric network G4, a year after its relaunch; Spectacor CEO Dave Scott told staff revival efforts failed — EXCLUSIVE: Comcast's Spectacor division is pulling the plug on video game-centric network G4 TV, whose early incarnation …
Mashable:
TikTok's infinite scroll and lack of live links raise the risk of viral misleading info; news outlets using the app should establish editorial standards early — On TikTok, screenshots and a lack of context reign supreme. — It's not an uncommon occurrence these days for a friend to tell …
Discussion:
Newsweek, @matthewstoller, @jenmercieca, @hackingbutlegal, @cnyari and Washington Post
Mark Sweney / The Guardian:
Kantar: the number of UK homes with at least one paid video streaming service fell by 937K to 16M+ from January to September 2022, driven by the need to save — Exclusive: total number of homes with at least one subscription fell by 937,000 from January to September
Discussion:
Deadline
Mia Sato / The Verge:
TikTok plans to raise the age requirement for hosting a livestream from 16 to 18 on November 23 and let hosts limit their livestreams to adult-only audiences — TikTok is updating its livestream system to limit kids from going live and to allow streamers to only reach adults.
Discussion:
TikTok, MediaPost, TechCrunch, Engadget and @zachbussey, more at Techmeme »
Mark Stenberg / Adweek:
Forbes says it's on pace to increase its events revenue by 60%, with 80+ events, in 2022; event partnerships represent 35% of Forbes' total advertising revenue — Sponsorships now account for 35% of its advertising revenue — The business news publisher Forbes has seen revenue …
Discussion:
Talking Biz News and @markstenberg3
Cynthia Littleton / Variety:
LA Clippers launches ClipperVision, a service that will stream 70+ live games with six channel feeds, available in Southern California for $200 per season — Nearly a decade after acquiring the NBA's Los Angeles Clippers, Steve Ballmer is finally realizing his dream to build a bigger …
Discussion:
Los Angeles Times, Ad Age, Sportico, Media Play News, Next TV, KTLA, NBA and The Streamable
Financial Times:
Disney warns France that its movies may bypass cinemas and go straight to streaming in 2023 if the country's “anti-consumer” distribution rules aren't changed — Black Panther movie will hit screens after months of debate but US company says distribution laws must be reformed
Discussion:
Variety, The Guardian, @labboudles and Deadline
J. Clara Chan / The Hollywood Reporter:
YouTube says it will roll out 30-second audio ads globally and let advertisers in the US target their ad campaigns based on podcast genres — Marketers will also be able to purchase 30-second audio ads — up from the 15 second slots available during the beta launch.
Discussion:
Next TV, 9to5Google, Sound Awareness and The Tolle Lege Podcast