Top News:
New York Times:
Hundreds of thousands of out-of-work Hollywood crew members have dipped into savings and turned to nonprofits' emergency funds as the SAG-AFTRA strike drags on — The lives of hundreds of thousands of crew members have been upended, and even a deal between the actors and the studios might not help much in the short term.
Discussion:
@rmwhittaker.bsky.social, @rachelsl.bsky.social and Insider
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Caitlin Huston / The Hollywood Reporter:
Netflix co-CEO Ted Sarandos says SAG-AFTRA talks broke down because the union wanted a “levy” on each streaming subscriber instead of a “success-based bonus” — “A levy on top of our revenue or per subscriber, with no insight into the revenue per subscriber or anything …
Gene Maddaus / Variety:
SAG-AFTRA and the major studios suspend talks, as the AMPTP says the gap between the two sides is “too great”; SAG-AFTRA accuses the studios of “bully tactics”
Discussion:
The Wrap, SAG-AFTRA, Variety, Simon Pulman on LinkedIn, The Ankler, NBC New York, @thewrap, @arey.bsky.social, @scenarist.bsky.social, @wgawest, @thr, The Wrap, @screenwriterchic.bsky.social, @matthewrodier.bsky.social, @bloomberglive, The Hollywood Reporter, Los Angeles Times, Deadline, Cord Cutters News, The A.V. Club, The Daily Beast, @vanthebrand, @danhindmarch, @itsmecarolamptp, @carolinerenard_, @elainelow, @slack2thefuture, @sagaftra, @mattbelloni, @sagaftra, @filmupdates, @joesteel@duck.haus, KTLA, The Verge, Screen Rant, TVLine, Reuters, Next TV, Engadget, New York Times, Rolling Stone, CBS News, IGN, What's On Disney Plus, Reuters, CNN, ABC7, IndieWire, The Wrap and Variety
Clark Merrefield / Nieman Lab:
Study: US prosecutions for public corruption rise after a nonprofit news outlet opens in a judicial district and are more likely the more funding the outlet has — “We find a really strong connection that they're able to maintain accountability in these communities.”
Discussion:
Aaron Jacklin on LinkedIn, Sheila Coronel on LinkedIn and @ben@werd.social
Ismail Shakil / Reuters:
News Media Canada, which represents Canada's top newspapers, says it supports many of Google's issues with the Online News Act, now undergoing draft rulemaking — A Canadian news industry body on Thursday lent support to some of Google's concerns about a new law that aims …
Discussion:
Globe and Mail, @jaycurrie, @mgeist, @davidcoletto and @pagmenzies
Alex Sherman / CNBC:
Comcast hires Morgan Stanley and Disney hires JPMorgan Chase to value Hulu, a step toward Disney buying Comcast's 33% stake; their 2019 deal set a $27.5B floor — - Comcast and Disney have hired investment banks to appraise Hulu. — On Nov. 1, Comcast and Disney can both trigger an option …
Discussion:
@sherman4949, What's On Disney Plus, Erick Opeka on LinkedIn and Alex Sherman on LinkedIn
Bloomberg:
A look at The Debut: Dream Academy, Hybe Chairman Bang Si-Hyuk's project to form a US-based group of women from around the world that replicates K-pop group BTS — With the world's biggest boy band on hiatus, Bang Si-Hyuk wants to replicate the formula that changed music—but with even more global appeal.
Discussion:
@business, @business, @business, @business, @business, @business, @bw, @next_china, @minyoongiswagg7 and @lucas_shaw
Kathy Jones / Committee to Protect Journalists:
Six days of the Israel-Hamas war: at least one Israeli and nine Palestinian journalists have been killed, two journalists are missing, and two have been injured — The Israel-Gaza conflict has taken a severe toll on journalists since Hamas launched its unprecedented attack against Israel …
RELATED:
Nieman Lab:
A study using 60 bots to look at TikTok's recommendations after seeding with four news outlets finds that just 18% of the recommended videos were news-related — Plus: The “labor” of avoiding news, a study of disagreements between journalists and their bosses about objectivity, and the effects of Trump's criticisms of Fox News.
Discussion:
@peterhamby and Nick Hagar on LinkedIn
Mark Stenberg / Adweek:
The Information hires Morning Brew COO Matthew Resnick as its COO, to grow consumer revenue and brand partners; chief commercial officer Karl Wells is leaving — Technology publisher The Information has hired Matthew Resnick, the former chief operating officer (COO) of Morning Brew …
George Gene Gustines / New York Times:
A group of comic book writers and artists form Ghost Machine, a company the creators will be exclusive to, as well as jointly own, operate, and profit from — The founding writers and artists of Ghost Machine will be exclusive to the company and will jointly own, operate and profit from it.
Discussion:
Image Comics, Michael Cotton on LinkedIn, Brad Meltzer on LinkedIn and The Wrap
Rob Golum / Bloomberg:
Antenna: YouTube's NFL Sunday Ticket attracted an estimated 1.3M signups, vs. 1.2M reportedly under DirecTV; ~41% of the NFL subscribers are new to YouTube TV — Die-hard fans of live sports are migrating online in big numbers, responding to the multibillion-dollar investments by major technology companies …
Discussion:
Sportico, @deesevere.bsky.social and The Streamable, more at Techmeme »
Morgan Sung / TechCrunch:
Many writers at fanfiction site Archive of Our Own restrict viewing to registered readers in an effort to prevent their writing being scraped to train AI models — Kinktober. Whumptober. Kisstober. Flufftober. Goretober. October is a bacchanal of fan fiction …
Chris Roush / Talking Biz News:
The Block names Tim Copeland, formerly its news editor and managing editor, as editor-in-chief; Copeland worked at Decrypt before joining The Block in 2021 — Cryptocurrency news site The Block has named Tim Copeland to be its editor in chief. — He previously has been news editor and managing editor of the publication.
Discussion:
@timccopeland and @vishal4c
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