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6:40 PM ET, October 25, 2023

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 Top News: 
The Daily Beast:
RELATED:
Barak Ravid / Axios:
Sources: US Secretary of State Tony Blinken told US Jewish community leaders that he asked the Qatari prime minister to tone down Al Jazeera's war rhetoric  —  U.S. Secretary of State Tony Blinken told a group of American Jewish community leaders on Monday that he asked the Qatari prime minister less …
Mike Calia / CNBC:
Endeavor, Ari Emanuel's talent agency and sports company, announces a formal review of strategic alternatives for the company, which could mean a potential sale  —  - Ari Emanuel's Endeavor Group Holdings will explore strategic alternatives, which could include a sale.
RELATED:
Wall Street Journal:
Silver Lake, which owns ~71% of the voting stake in Endeavor Group Holdings, says it is working on a plan to take the company private; EDR rose 24%+ after hours  —  The owner of WME and IMG said it was exploring options, but will keep its majority interest in TKO, the company that controls UFC and WWE
Joe Rossignol / MacRumors:
Apple raises the monthly US price of Apple TV+ from $6.99 to $9.99, News+ from $9.99 to $12.99, Arcade from $4.99 to $6.99, and Apple One from $16.95 to $19.95  —  Apple today announced that it is increasing the prices of some of its subscription-based services, including Apple TV+ …
Shruti Rajkumar / HuffPost:
Scholastic drops its plans to separate books based on themes about race and gender at US school fairs, after criticism that segregating books enabled censorship  —  The publisher had said it would segregate books with themes on race and gender at school fairs in order to navigate a rash of bans across the country.
Tim Ingham / Music Business Worldwide:
Sources: Spotify plans major changes to its royalty model in Q1 2024, including a threshold of minimum annual streams before a track starts generating royalties  —  SPOTIFY IS CHANGING ITS ROYALTY MODEL - AND WANTS TO SHIFT $1BN TO ‘WORKING ARTISTS’  —  BELIEVE GENERATED $234M IN Q3, UP 9.1% YOY PEERMUSIC ACQUIRES IN NORWAY
Charlotte Klein / Vanity Fair:
Internal Slack messages show senior NYT editors dismissed some staff's suggestions that the newspaper hedge its initial framing of the Gaza hospital explosion  —  Internal messages obtained by Vanity Fair offer a glimpse into the newsroom decision-making process and reveal pushback among …
Chris Welch / The Verge:
Amazon launches a generative AI tool in beta that lets advertisers create “lifestyle imagery” backgrounds or scenes around the products they are hoping to sell  —  Amazon is beta testing AI image generation tools for its advertisers, offering an easy way to create backgrounds …
 
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 More News: 
Rania Aniftos / Billboard:
TikTok announces TikTok in The Mix, its first live global music event, set for December 10 in Mesa, Arizona, with Cardi B, Niall Horan, Anitta, and Charlie Puth
Naomi Forman-Katz / Pew Research Center:
Survey: US adults who say they follow the news all or most of the time fell from 51% in 2016 to 38% in 2022; in 2022, 19% said they follow the news now and then
 Earlier Picks: 
Lauren Theisen / Defector:
The Messenger, which debuted in May 2023, appears to be speedrunning every stage of a VC-funded, ad-dependent media startup life, from VC darling to barren husk
Todd Spangler / Variety:
YouTube Q3 ad revenue rose 12.5% YoY to $7.95B, vs. $7.81B est.; in Q3 2022, YouTube's ad revenue fell short of expectations after falling 1.9%
Marisa Kabas / The Handbasket:
A dozen female former Rolling Stone employees describe Jann Wenner's office culture as “a dictatorship” with “palpable fear” and “a horrible place for women”
Mark Gurman / Bloomberg:
Sources: Apple plans to update tvOS with a redesigned TV app around December and discontinue some of its Apple TV apps to steer more users toward the TV app
 

 
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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