Top News:
Todd Spangler / Variety:
SEC filing: Warner Bros. Discovery expects to incur $3.2B-$4.3B in post-merger restructuring charges, including $2B-$2.5B in content write-offs, through Q4 2024 — The media company disclosed expected ranges for the charges in an SEC filing Monday. For the third quarter of 2022 …
Discussion:
The Hollywood Reporter, Forbes, Axios, IndieWire, Financial Times, The Wrap, Collider, @dbarkin, @xpangler, MediaPost, @megjameslat, @automaticzen, @fadeinsoftware, @lanaveenker, @alexweprin, @ggeneralholt8, Reuters, Media Play News, MarketWatch, Bloomberg, CNBC, Too Much TV Newsletter, Los Angeles Times, Next TV, Wall Street Journal and Deadline
Sara Fischer / Axios:
Sources: YouTuber MrBeast is looking to raise around $150M at a roughly $1.5B valuation to expand further into merchandise, restaurants, and consumer goods — MrBeast, the YouTube star-turned entrepreneur, is looking to raise around $150 million for his business at a roughly $1.5 billion valuation …
Discussion:
TechCrunch, Insider, @kantrowitz, @deftlyinane and @jayriq, more at Techmeme »
Guillermo Altares / El País:
An interview with Andrew Wylie, arguably the world's most powerful literary agent, about the attack on Salman Rushdie, Amazon behaving “like ISIS”, and more — The world's leading literary agent speaks about Salman Rushdie, Stephen King, Donald Trump and the e-commerce giant
Discussion:
@matthewdancona, @jmahrens, @praddenkeefe, The Wrap, CNN, The Bookseller, Boing Boing and Scroll.in
Peter Lee / Hong Kong Free Press HKFP:
A Hong Kong court finds Jimmy Lai, founder of the defunct Apple Daily newspaper, guilty of fraud over using the paper's HQ; Lai has been in custody since 2020 — Jimmy Lai, the founder of defunct Hong Kong pro-democracy tabloid Apple Daily, has been convicted of fraud after being found …
Discussion:
Axios, Voice of America, @rsf_inter, @fy4chan, @antd, @kevinkfyam, @marykissel, Bloomberg, @sarafischer, Committee to Protect … and @hk_watch
Therese Bottomly / Oregonian:
The Oregonian issues an apology for its past promotion of racist and xenophobic views and publishes an examination of its history dating back to 1861 — As editor of The Oregonian, the current leader of the newsroom, I unreservedly apologize to our readers and our community for the racism in this newspaper and the legacy it leaves.
Discussion:
The Oregonian, @bryanmvance, @robwdavis, @ryantclarke, @jayrosen_nyu, @billoram, @7im and @donnerkay
CNN:
Axios' Sara Fischer is joining CNN as an on-air contributor on the media beat; she will continue to oversee Axios' media coverage — Sara Fischer is joining CNN as an on-air contributor on the media beat, the network announced today. As Axios' media reporter for the last six years …
Discussion:
@oliverdarcy, Talking Biz News, @ashleyrgold, @hayekmg, @dmccabe, @sarafischer, @inafried and Barrett Media
Sophie Lawton / Media Matters for America:
In its newest season, CBS' Dr. Phil has become a safe space for anti-abortion activists and Fox News and PragerU personalities to spread misinformation and hate — The newest season of CBS' Dr. Phil has regularly featured right-wing personalities, including anti-abortion activists …
Discussion:
@ryanlcooper, @peltzmadeline, @mmfa and Media Matters for America
Baranjot Kaur / Reuters:
Report: the UK's Channel 4 is exploring being acquired by a nonprofit trust as an alternative to privatization; C4 is currently state-owned but ad-funded — British publicly-owned broadcaster Channel 4 is exploring whether it could be acquired by a non-profit trust as an alternative …
Discussion:
Telegraph
Benjamin Mayo / 9to5Mac:
Apple raises its monthly prices for Music by $1 to $10.99 for individuals, TV+ by $2 to $6.99, and Apple One by $2 to $16.95, citing increased licensing costs — Apple is today increasing the prices of its Apple Music and Apple TV+ subscription services. The Apple One bundle price is also rising in unison.
Discussion:
The Verge, Billboard, IndieWire, SlashFilm, The Hollywood Reporter, Deadline, AppleInsider News, TVLine, The Streamable, Podnews, The Shortcut, Complete Music Update, XDA Developers, @jonyiveparody, Music Ally, Broadband TV News, @mcwm, @stevekovach, @tomwarren, @parismarx, @sherman4949, @alexweprin, @chriswelch, @caseynewton, @paul__armstrong, @richlightshed, MacRumors, ScreenRant, Variety, CNBC, Next TV, CNET, Awful Announcing, Wall Street Journal, The Wrap, Financial Times, Engadget, TechCrunch, The Desk, Protocol, MediaPost, The Hill, Cord Cutters News and Bloomberg, more at Techmeme »
Press Gazette:
UK Al Jazeera journalists vote to strike on November 4 and 20, calling the proposed pay raise “a dismal offer” considering the “colossal spending” at the outlet — It's not just tube drivers, airline workers and lawyers who are discontented with pay and conditions this year as the cost of living crisis bites.
Patrick Coffee / Wall Street Journal:
A look at the increased use of celebrity deepfakes in ads, with or without their permission, raising legal and ethical questions for the marketing industry — Digital simulations of Elon Musk, Tom Cruise, Leo DiCaprio and others have shown up in ads, as the image-melding technology grows …
Kirsten Chuba / The Hollywood Reporter:
Streamers, starting with Netflix and followed by HBO Max, Hulu, Disney+, and Peacock, are expanding into in-flight content, seeking captive, affluent audiences — New tech with more onboard options and upgraded seatback screens ensures captive audiences with cash to spend for streamers …
Discussion:
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