Top News:
Katie Kilkenny / The Hollywood Reporter:
SAG-AFTRA announces a tentative agreement for a contract, ending the strike at 12:01AM PT November 9; the deal will go to the union national board for approval — The work stoppage will end 12:01 a.m. on Thursday. … The SAG-AFTRA TV/Theatrical Committee approved the agreement in a unanimous vote on Wednesday, SAG-AFTRA announced.
Discussion:
SlashFilm, Variety, Variety, Forbes, Mediaite, The Streamable, Axios, Los Angeles Times, Los Angeles Times, The Hill, TV Insider, Graphic Policy, GIANT FREAKIN ROBOT, Caroline Garrett on LinkedIn, Semafor, Danielle Risch-Bailey on LinkedIn, Todd Holmes, Ph.D. on LinkedIn, @sarafischer, The Guardian, @axios, ABC7, MediaPost, CBS News, Deadline, @jonny@neuromatch.social, Hugo Guerra on LinkedIn, @Wolven@ourislandgeorgia.net, Joel D. Catalan on LinkedIn, @lucas3d@mastodon.social, Bleeding Cool News, Newser, Billboard, NBC 7 San Diego, Wired, Vanity Fair, Next TV, E! Online, Hollywood Life, The Wrap, KGET 17, @mwl@io.mwl.io, The Information, Jeff Rosica on LinkedIn, New York Daily News, TMZ.com, @dbattistella@mstdn.ca, @JoParkerBear@universeodon.com, Bloomberg, @beep@follow.ethanmarcotte.com, Us Weekly, The Desk, The Verge, KARK, @rhymeswithibiza.bsky.social, @ohrobin.bsky.social, @rhymeswithibiza.bsky.social, @noondlyt@mastodon.social, The A.V. Club, Deadline, Rolling Stone, TVLine, @KimPerales@toad.social, The Wrap, ComingSoon.net and The Daily Beast
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Nicole Sperling / New York Times:
A look at the process of restarting productions now that both Hollywood strikes are over; sources: starting back up will add $500K-$4M to a budget — With the industry hustling to make up for months of lost work, juggling production schedules and the availability of actors and crew members will be complicated.
Discussion:
The Hollywood Reporter and Fans for the WGA
Nick Gallagher / The Messenger:
CNN and the AP cut ties with a Gaza-based freelance photojournalist after a watchdog's report raised questions about four journalists' actions on October 7 — Western media outlets cut ties with Gaza-based Hassan Eslaiah, who is accused of following Hamas terrorists into Kibbutz Kfar Aza, where dozens of Israelis were slaughtered
Discussion:
Honest Reporting, The Hill, AP Definitive Source, The Wrap, Mediaite, New York Daily News, Financial Times, @mattweiner19.bsky.social, @mattweiner19.bsky.social, @mattweiner19.bsky.social, @proptermalone.bsky.social, @mattweiner19.bsky.social, @ginguy.bsky.social, @mattweiner19.bsky.social, @profdbernstein, @justinsalhani, @vanessa_abee, @jamesbmeigs, @amit_segal, @shashj, @shashj, @shashj, Oded Salomy on LinkedIn, @dylanbyers, @drelidavid, @paninid@mastodon.world and The Times of Israel
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Mark Bendeich / Reuters:
Reuters, AP, and The New York Times deny suggestions by HonestReporting and Israeli officials that the outlets had prior knowledge of the Oct. 7 Hamas attack — Reuters denied on Thursday suggestions by media advocacy group HonestReporting that it and other international news organisations …
The Daily Beast:
Memo: G/O Media shuts down Jezebel after not finding a buyer, losing 23 people; G/O Media Editorial Director Merrill Brown exits after joining in January 2023 — The media company has faced months of turmoil. — Jezebel was indefinitely suspended on Thursday as major layoffs hit G/O Media, The Daily Beast has learned.
Discussion:
The Guardian, Fast Company, Variety, Nieman Lab, New York Post, @willsommer, New York Times, CNN, Adweek, Associated Press, @rafat, The Wrap, @benmullin, @xoxogossipgita, @corbinbolies, The Hollywood Reporter, @davekarpf.bsky.social, @mollytaft.bsky.social, @annamerlan, @discourse_blog, @jillkrajewski.bsky.social, @alexandraheminsley …, @sarafischer, @alannavagianos, @hamiltonnolan, @bfishbfish, @pogue.omg.lol, @braak.bsky.social, @sarafischer, @jesseraub.bsky.social, Boing Boing, The Messenger and New York Daily News
Will Sommer / Washington Post:
Hearst Magazines' new social media policy warns that posting or liking “controversial” content could warrant firing; the editorial union filed an NLRB complaint — Even ‘liking’ certain posts may cause a problem, according to publishing giant's new social media policy imposed …
Discussion:
@crushjansen, @amsoufi_, @wjk1971, @saratoussaint, @ikemoses, @jonathan_miller, @anaisisreading, @neclovian, @tulikabose_, @jasoncolavito, @jorcru, @seywarddarby, @daisandconfused, @papapishu, @dceiver, @tylercoates, @davidkaib, @natashalennard, @clarajeffery, @ngongang, @amiethesquirrel, @debkrol, @chair_borne, @willsommer, The Messenger, @aleggra.bsky.social, @crypttrash.bsky.social, @deltajulietmike.bsky.social, @juno.bsky.social, @randimason.bsky.social, The Wrap and @blogdiva@mastodon.social
Manish Singh / TechCrunch:
Bob Iger says Disney “would like to stay” in India; Hotstar is struggling with churn, losing ~23M subscribers over the past year, including 2.8M in its Q4 2023 — Bob Iger said Wednesday that Disney “would like to stay” in India and is considering its options in the world's …
Discussion:
NBC 7 San Diego, @florian4gamers and The Walt Disney Company
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Sarah Whitten / CNBC:
Disney reports Q4 revenue up 5% YoY to $21.24B, vs. $21.33B expected, $264M net income, and 7M new core Disney+ subscribers, for 150.2M total including Hotstar
Samantha Delouya / CNN:
Disney raises its cost savings goal from $5.5B to $7.5B; Bob Iger suggests cuts will come mainly from linear TV and predicts streaming profitability by Q4 2024
Discussion:
Insider, Fast Company, @sarafischer, New York Post and The Hollywood Reporter
Radio Ink:
Audacy CEO David Field says the company is working with its lenders to recapitalize the company; its Q3 revenue fell 5.6% YoY to $299.2M — On a day filled with major radio earnings calls, Audacy silently added its Q3 2023 financials to the pile with no advance notice. The result?
Discussion:
Inside Radio and Audacy
Peter White / Deadline:
In a memo, Vice Media's co-CEOs say the company is restructuring from five to two lines of business; sources say fewer than 100 people will lose their jobs — - SAG-AFTRA Lauds New Deal, Valuing It At Over $1B With “Unprecedented” Provisions & “Extraordinary Scope”
Discussion:
CNN, The Messenger, Variety, The Wrap and @maxwelltani
Saritha Rai / Bloomberg:
DreamWorks co-founder Jeffrey Katzenberg says AI will cut the cost of animated movies by 90% in three years, ending the “good old days” of needing 500 artists — - DreamWorks co-founder spoke at Bloomberg New Economy panel — Expects digital transformation of entertainment to accelerate
Discussion:
IndieWire, The Wrap, @pogue.omg.lol, Saritha Rai on LinkedIn and 24/7 Wall St.
Parker Molloy / The Present Age:
Eight music reporters on USA Today's Taylor Swift reporter hire: the need to cover her critically, the hire as a sign of the state of music journalism, and more — Hello, everyone. I'm really excited about today's newsletter! You'll want to read this one to the end …
Discussion:
Media Voices, New York Times, Vogue and Politico
Drew Harwell / Washington Post:
Inside Bryce Adams and Brian Adam's OnlyFans empire run from a $2.5M Florida compound: ~$10M in annual revenue and a $1M+ payroll; Adams' OF has $16.5M in sales — SOMEWHERE IN FLORIDA — In the mornings, the workers of Bryce Adams's OnlyFans empire buzz in through a camera-wired security gate …
Michael M. Grynbaum / New York Times:
Nexstar Media Group's NewsNation plans to host the GOP presidential debate on December 6 with Megyn Kelly moderating; The Free Beacon and SiriusXM are sponsors — The event, on Dec. 6, is an opportunity for an upstart cable news network to expand its relatively small viewership.
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