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.
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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:
The Hill, Honest Reporting, AP Definitive Source, Mediaite, Financial Times, @profdbernstein, @justinsalhani, @vanessa_abee, @jamesbmeigs, @amit_segal, @shashj, @shashj, @shashj, @drelidavid, New York Post, Oded Salomy on LinkedIn, @dylanbyers, @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 failing to find a buyer, affecting 23 people; G/O Media editorial director Merrill Brown left after joining in January — 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, Nieman Lab, WWD, New York Post, Variety, @willsommer, New York Times, The Wrap, CNN, Adweek, @rafat, @benmullin, @corbinbolies, @xoxogossipgita, 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 sharing or liking “controversial” posts could get staff fired; the editorial union has filed an NLRB complaint — Even ‘liking’ certain posts may cause a problem, according to publishing giant's new social media policy imposed …
Discussion:
@amiethesquirrel, @papapishu, @tulikabose_, @dceiver, @saratoussaint, @chair_borne, @crushjansen, @ngongang, @tylercoates, @davidkaib, @natashalennard, @jasoncolavito, @debkrol, @jorcru, @clarajeffery, @seywarddarby, @jonathan_miller, @anaisisreading, @ikemoses, @neclovian, @willsommer, @amsoufi_, @wjk1971, @daisandconfused, 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, net income of $264M, and 7M new core Disney+ subs, with total of 150.2M including Hotstar
Samantha Delouya / CNN:
Disney raises its cost savings goal from $5.5B to $7.5B; Bob Iger suggests cuts will come primarily from linear TV and predicts streaming profits by Q4 2024
Discussion:
Insider, Fast Company, @sarafischer, Forbes, New York Post and The Hollywood Reporter
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, Saritha Rai on LinkedIn and 24/7 Wall St.
Peter White / Deadline:
In a memo, Vice Media's co-CEOs say the company will be undergoing a restructuring; sources say less than 100 people will lose their jobs — - SAG-AFTRA Lauds New Deal, Valuing It At Over $1B With “Unprecedented” Provisions & “Extraordinary Scope” — Vice Media Group is beginning …
Discussion:
CNN, Variety, The Messenger, The Wrap and @maxwelltani
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 will host the GOP presidential debate on December 6, with Megyn Kelly as moderator; 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.
Washington Post:
The Washington Post takes down an editorial cartoon depicting a Hamas leader using civilians as human shields after it was criticized as racist and dehumanizing — The Washington Post took down an editorial cartoon Wednesday that depicted a Hamas leader using civilians as human shields …
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