Mediagazer: Wired plans to launch a vertical on the impact of tech on US and global elections and politics in the coming weeks, run by four full-time writers and an editor (Sara Fischer/Axios)

5:05 PM ET, November 3, 2023

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Mark Stenberg / Adweek:

Sources: Recurrent Ventures dismisses CEO Alex Vargas after one year and elevates its co-founder and former North Equity Managing Director Andrew Perlman to CEO — Co-founder Andrew Perlman, a private equity executive, replaces Alex Vargas in the role — The media company Recurrent Ventures …

Paresh Dave / Wired:

Ad blockers saw record uninstalls in October after YouTube expanded its crackdown on ad blockers, while those unaffected by the clampdown saw record installs — YouTube expanded a “test” that threatens to cut off users who don't turn off their ad blocker. Developers of the tools are scrambling to respond.

Discussion: Engadget, @mvilain@sfba.social, Colan Neese on LinkedIn, @jalefkowit@octodon.social, Android Authority, 9to5Google, @hkrn@mstdn.social and Adweek, more at Techmeme »

Sara Fischer / Axios:

Wired plans to launch a vertical on the impact of tech on US and global elections and politics in the coming weeks, run by four full-time writers and an editor — Wired, the technology publication owned by Condé Nast, is launching a new vertical that will focus on the intersection …

Discussion: Talking Biz News, @jmhaigh, Patrick Garrigan on LinkedIn, Katie Drummond on LinkedIn and @williamturton

Michael Lipka / Pew Research Center:

US survey of 4,742 Black adults: 41% say they get news and info from local outlets often and 58% say local journalists are mostly in touch with their community — Local news is an important part of many Black Americans' information diet. Overall, about three-quarters of Black adults …

Discussion: @pewresearch

Valerie Ettenhofer / SlashFilm:

Nicolas Cage says his cameo in The Flash looked nothing like what he filmed, calling to mind debates about performances being co-opted without actors' consent — If Nicholas Cage's surprise cameo in “The Flash” felt strange to you, you're not alone: it also caught the actor himself off guard.

Discussion: Yahoo Entertainment, @djkevlar, IGN, @liamrobertson.bsky.social, @oilcantim.bsky.social, @goose.ski, The Hollywood Reporter, NME, GIANT FREAKIN ROBOT, Collider, Metro, ComingSoon.net and The A.V. Club

Mark Stenberg / Adweek:

Comscore: The Verge's YoY traffic fell every month but one after September 2022's redesign; The Verge: loyal user base is up 62% from January to September 2023 — The publisher, like much of the industry, has seen traffic steadily decline — When The Verge launched its redesigned website last September …

Discussion: Simon Owens's Media Newsletter and Geoff Schiller on LinkedIn

Catherine Shu / TechCrunch:

Dashtoon, which lets writers turn their story ideas into comics using generative AI tools and lets them publish comics as daily episodes, raised a $5M seed — Dashtoon wants to make anyone with a story to tell into a comics artist, even if they can't draw.

Discussion: Sanidhya Narain on LinkedIn and Amogh Vaishampayan on LinkedIn

NBC News:

On Instagram, journalists and creators inside Gaza see a surge in followers as they document the Israel-Hamas war, even as Meta has broadly moved away from news — One journalist has added more than 12 million followers. The work highlights some of the challenges and dangers of covering the conflict.

Discussion: Marc Owen Jones on LinkedIn, @jasonabbruzzese@threads.net, @jasonabbruzzese@threads.net, @mattnavarra.com, @jasonabbruzzese and Society of Professional …

Joseph Hoppe / Wall Street Journal:

The UK CMA says Meta pledged to let Facebook Marketplace users opt out of Meta using their data and limit how the company uses ad data for product development — Meta has signed commitments to not use its advertising customers' data — The U.K. competition regulator said Meta Platforms …

Discussion: CNN, GOV.UK, Bloomberg Law, TechCrunch and The Guardian, more at Techmeme »

Caitlin Huston / The Hollywood Reporter:

FuboTV reports a record 1.477M paid subscribers in North America in Q3; North American revenue rose 43% YoY to $313M and ad revenue rose 34% YoY to $30.3M — The company also saw improvements in revenue and raised its full-year guidance. — Streaming platform FuboTV reported 1.477 million paid subscribers …

Discussion: @tvgrimreaper, The Streamable, Advanced Television and Next TV

Kayla Cobb / The Wrap:

AMC Networks reports Q3 revenue down 7% YoY to $637M, net income down 25% YoY to $68M, streaming revenue up 9% YoY to $142M, and subscribers up 4% YoY to 11.1M — The company reported adjusted earnings per share of $1.85 and added 100,000 streaming subscribers

Discussion: The Streamable, The Hollywood Reporter, Variety, Media Play News and Next TV

Andrew Donohue / Voice of San Diego:

A look at The San Diego Union-Tribune's future under new owners Alden Global Capital: employees estimate Alden cut ~30% of the newsroom after buying the outlet — As the Fourth of July approached last year, The San Diego Union-Tribune prepared to do something it'd never done in its 154 years of existence …

Discussion: @cardamomaddict@mstdn.ca, @sonicrocketman@mastodon …, @rumorsandrants, @vosdscott, @1eaguilera, @stevenjduffield, @mgafni, @nhanson_reports, @add, @add and Andy Donohue on LinkedIn

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Chris Welch / The Verge:
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Business Wire:
BuzzFeed reports Q3 revenue down 29% YoY to $73.3M, ad revenue down 35% YoY to $32.6M, net loss down 49% YoY to $13.9M, and projects $99M to $110M in Q4 revenue

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Earlier Picks:

Laya Neelakandan / CNBC:
Paramount reports Q3 revenue up 3% YoY to $7.13B, vs. $7.1B est., profit up 30% YoY to $295M, and 63M+ global Paramount+ subscribers after 2.7M net additions

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Todd Spangler / Variety:
Apple's Q4 revenue for its Services segment, which includes Apple TV+, Apple Music, and Apple Arcade, rose 16% YoY to a record $22.31B, vs. $21.35B expected

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Michaela Zee / Variety:
Disney Animation Studios production workers, including coordinators, managers, and supervisors, vote 63-5 to join the Animation Guild in an NLRB-supervised vote

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Abner Li / 9to5Google:
Google plans to change AdSense from paying per click to per impression in early 2024 and split the revenue share into separate buy-side and sell-side rates

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Billboard:
After Taylor Swift's success with her re-recordings, major labels add clauses that bar artists from re-recording releases for 10 or more years after they leave

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From Techmeme:

Financial Times:
US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in semiconductor tariffs likely coming in “a month or two”

Arjun Kharpal / CNBC:
Sony hikes PlayStation 5 prices in Europe, the UK, Australia, and New Zealand, citing a “challenging economic environment”; the PS5 Pro remains the same price

Mark Gurman / Bloomberg:
Sources: Apple is working on a lighter and cheaper Vision Pro and a Mac-tethered model with ultra-low latency; an overhaul will make iPadOS 19 more like macOS

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