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6:10 AM ET, November 9, 2023

Mediagazer

 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.
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 …
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  —  - Disney reported quarterly earnings after the closing bell.  — Profit topped expectations, but revenue came up short.
RELATED:
Todd Spangler / Variety:
Disney CEO Bob Iger says a beta test of an app combining Disney+ and Hulu will launch in December 2023 and an official launch will follow in spring 2024
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 …
Nancy Tartaglione / Deadline:
Sony Pictures reports Q2 revenue up 13.4% YoY to $2.77B and profit up 1% YoY to $204M, weighed down by lower TV and streaming licensing revenue  —  - ‘The Marvels’ With $140M Global Opening, Not Expected To Be Marvelous At Weekend Box Office - Preview  — 'Five Nights At Freddy's' Tops $200M WW …
Omar Younis / Reuters:
Netflix plans to reopen the historic Egyptian Theatre this week after a $70M restoration, preserving its design while adding new sound and projection equipment  —  The Egyptian Theatre, a historic movie house that hosted Hollywood's first film premiere a century ago, will re-open to the public …
Sara Guaglione / Digiday:
Half a dozen executives at Black-owned publishers say ad keyword blocklists and third-party firms continue to misidentify their content as unsafe for brands  —  There's nothing new about news publishers lamenting about advertisers' keyword blocklists and third-party verification firms flagging their content for not being brand-safe.
Luke Bouma / Cord Cutters News:
Dish announces layoffs, with the total number unknown, but some employees claim up to 20% of staff was cut, a number Dish disputed without providing specifics  —  DISH Network is cutting jobs as the company moves to reduce operational costs and expenses throughout the business.
Gearoid Reidy / Bloomberg:
A look at Nintendo's movie push, as the company partners with Sony to work on a Zelda live-action movie, after the huge success of The Super Mario Bros. Movie  —  It's dangerous to go alone, and in teaming up with Sony and the man who made Marvel successful, Nintendo shows it has learned from past mistakes.
Jill Goldsmith / Deadline:
WBD shares fell 16%+ on November 8 after its CFO described a US ad market that continues “to be weaker than we had hoped”, and an unpredictable 2024 recovery  —  - WBD CEO David Zaslav “Hopeful” For Resolution To SAG-AFTRA Strike As He Touts Studios' Final Offer; Hints At M&A
RELATED:
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
 
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 More News: 
Todd Spangler / Variety:
SiriusXM rolls out a new logo and plans to debut a new app alongside a cheaper $9.99 per month Streaming All Access Plan, coming to North America on December 14
Jeremy Barr / Washington Post:
Experts criticize NBC News for partnering with Salem Media, which promotes 2020 US election denialism and produced 2000 Mules, for the third GOP primary debate
Alexandra Topping / The Guardian:
Presenter Carol Vorderman quits her BBC Radio Wales show, saying she will “not be silenced” by the BBC's new social media rules on voicing political opinions
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
 Earlier Picks: 
Reuters:
IAC reports Q3 revenue down 15% YoY to $1.11B, net loss up 512% YoY to $390.5M, Dotdash revenue down 11% YoY to $417.5M, and Angi sales down 25% YoY to $371.8M
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
Reuters:
OCCRP co-founder Drew Sullivan: analysis shows government-backed hackers tried to plant NSO's Pegasus on Indian journalist Anand Mangnale's iPhone on August 23
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple and OpenAI are preparing a major announcement of their partnership at WWDC; the new AirTag with a better chip is scheduled to arrive by mid-2025

Greg Brockman / @gdb:
Sam Altman and Greg Brockman respond to Jan Leike, say they've raised awareness of the risks and opportunities of AGI, will keep doing safety research, and more

Wall Street Journal:
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships
 
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