Mediagazer: The New York Times reports Q3 revenue up 9.3% YoY to $598.3M, an $89.8M adjusted operating profit, 10M+ subs, and subscription revenue up 15.7% YoY to $282.2M (Katie Robertson/New York Times)

Katie Robertson / New York Times:

The New York Times reports Q3 revenue up 9.3% YoY to $598.3M, an $89.8M adjusted operating profit, 10M+ subs, and subscription revenue up 15.7% YoY to $282.2M — The company reported an adjusted operating profit of $89.8 million in its latest quarter, up from $69 million a year earlier.

Discussion: Poynter, Bloomberg, @ericliptonnyt, Jordan Jacobson on LinkedIn, @pressgazette, Claudio E. Cabrera on LinkedIn, @sdkstl, The New York Times Company, The Wrap and Reuters

Brian Steinberg / Variety:

WBD reports Q3 revenue up 1% YoY to $9.9B, a $417M net loss, down from a $2.31B loss YoY, global DTC subscribers fell 0.7M to 95.1M, and ad revenue fell 12% YoY — The owner of CNN, the Warner Bros. studio and the Max streaming service said its net loss narrowed to $417 million …

Discussion: Bloomberg, MediaPost, Reuters, Forbes, Ad Age, Variety, The Wrap, Hollywood Reporter, @jbflint, @jbflint, @bristei, @jbflint, @jbflint, @jbflint and Warner Bros. Discovery

The Guardian:

UK publisher Reach plans to cut 450 jobs as part of proposals to trim operating costs by 5% to 6% in 2024; in January, Reach laid off 200 staff to save £30M — Reach says job losses part of plans to reduce costs by 5% to 6% in 2024 and accelerate digital-first strategy

Discussion: Press Gazette, @rachelmcgrath, @nujofficial, @joshi, London Evening Standard, National Union of Journalists …, @gareth_davies09, @joshneicho, Reuters, Telegraph, @taj_ali1, @pressgazette, @josiahmortimer and HoldtheFrontPage

Salvador Rodriguez / Wall Street Journal:

Meta plans to require advertisers to disclose running political ads with media altered by AI or other software, starting in early 2024, ahead of the US election — Facebook parent said new policy to go into effect beginning next year, ahead of U.S. presidential primaries

Reuters:

OCCRP co-founder Drew Sullivan says analysis shows government-tied hackers tried to plant NSO spyware on Indian journalist Anand Mangnale's iPhone on August 23 — Government-backed hackers tried to plant spyware made by NSO Group on the iPhone of an Indian journalist working for the Organized Crime …

Kenneth Chang / New York Times:

Nature retracts a high-profile paper on the discovery of a superconductor, the second paper by Ranga P. Dias retracted by the journal in just over a year — It was the second paper led by Ranga P. Dias, a researcher at the University of Rochester, that the journal Nature has retracted.

Discussion: Ars Technica, Nature, @dangaristo, @ionerrea, Las Vegas Review-Journal and TechCrunch

Todd Spangler / Variety:

SiriusXM rolls out a new logo and plans a new app with a cheaper $9.99 per month Streaming All Access Plan, coming to North America on December 14 — SiriusXM rolled out a new logo, a brand-new app — with a cheaper monthly streaming plan — and a slate of new channels and shows …

Discussion: Billboard, Bloomberg, The Verge, @matthewkeyslive and Sirius XM Holdings Inc.

Jennifer Maas / Variety:

Nexstar reports Q2 net revenue down 10.8% YoY to $1.1B, adjusted EBITDA down 51.9% YoY to $236M, a $60M loss for the CW, and core ad revenue down 2.3% to $391M — Nexstar reported its third-quarter 2023 earnings Wednesday, revealing TV ad revenue was down overall 23% for the July-September quarter.

Discussion: @tvgrimreaper, TVNewsCheck, Nexstar Media Group, Inc. and The Hollywood Reporter

Caitlin Huston / Hollywood Reporter:

Spotify now offers US paid subscribers 15 hours of free access to 200K+ audiobooks per month, after launching the service in the UK and Australia on October 3 — The podcast and music platform will offer U.S. paid subscribers 15 hours of free listening to audiobooks as it continues its rollout of the new offering.

Discussion: Publishers Weekly, Spotify, Variety, TechCrunch, Billboard, The Verge, The Bookseller, 9to5Mac, @yogscastlewis, @richontech, @engineering_bae and @spotifynews, more at Techmeme »

Jeremy Barr / Washington Post:

Experts criticize NBC News for partnering with Salem Media, a promoter of 2020 election denialism and producer of 2000 Mules, for the third GOP primary debate — How Salem Media Group — a powerful network of pro-Trump talk-radio programming and producer of the discredited ‘2000 Mules’ documentary …

Discussion: @chrisdobbertean.net and @darthbluesky.bsky.social

Margi Murphy / Bloomberg:

Ahead of the 2024 US election, Microsoft plans to offer a new free tool to help US politicians fight deepfakes by authenticating their videos and photos — - Tool offering comes as concerns grow over fake photos, videos — Microsoft says Russia is ‘huge’ cyber, disinformation threat

Discussion: The Wrap, @rumtin and The Verge, more at Techmeme »

Jesse Whittock / Deadline:

ITV reports revenue up 1% YoY to £2.98B in January to September, ad revenue down 7% YoY, Studios revenue up 9% YoY to £1.52B, digital sales up 23% YoY to £340M — - Brit List 2023 Revealed: Family Adventure Feature On Dyslexic School Kid Sent To Stay With ‘Super Gran’ Tops List

Discussion: The Guardian, Financial Times, Broadband TV News and Advanced Television

Brent Lang / Variety:

An interview with Chairman of Netflix Film Scott Stuber on scaling back annual film releases to focus on quality, being more selective in bidding wars, and more — In 2018, “Saturday Night Live” captured the public perception of Netflix as a ceaseless river of content.

Discussion: The Streamable, @nreviewed, @nreviewed, @nreviewed, @nemtastic1, @variety, The Hollywood Reporter, @brentalang and @lanceulanoff

Peter Biskind / The Hollywood Reporter: An excerpt from “Pandora's Box: How Guts, Guile, and Greed Upended TV” details how Netflix changed the entertainment industry with Originals and binge-watching