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:
Variety, Los Angeles Times, The Guardian, Billboard, @dbattistella@mstdn.ca, Hugo Guerra on LinkedIn, @KimPerales@toad.social, KARK, @Wolven@ourislandgeorgia.net, The Wrap, Jeff Rosica on LinkedIn, @JoParkerBear@universeodon.com, @axios, Joel D. Catalan on LinkedIn, New York Daily News, Vanity Fair, @ohrobin.bsky.social, TV Insider, TMZ.com, @mwl@io.mwl.io, The Desk, Bloomberg, SlashFilm, @jonny@neuromatch.social, Bleeding Cool News, Hollywood Life, @rhymeswithibiza.bsky.social, Deadline, @lucas3d@mastodon.social, The Verge, Next TV, NBC 7 San Diego, TVLine, Us Weekly, @rhymeswithibiza.bsky.social, Rolling Stone, @beep@follow.ethanmarcotte.com, ABC7, @noondlyt@mastodon.social, @sarafischer, KGET 17, The A.V. Club, Forbes, The Information, Deadline, Newser, E! Online, ComingSoon.net, The Daily Beast and Extra
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, @juno.bsky.social, @crushjansen, @crypttrash.bsky.social, @ngongang, @deltajulietmike.bsky.social, @tylercoates, @davidkaib, @natashalennard, @jasoncolavito, @debkrol, @jorcru, @aleggra.bsky.social, @clarajeffery, The Wrap, @seywarddarby, @jonathan_miller, @anaisisreading, @ikemoses, @neclovian, @willsommer, @randimason.bsky.social, @amsoufi_, @wjk1971, @daisandconfused and @blogdiva@mastodon.social
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.
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Manish Singh / TechCrunch:
Bob Iger says Disney “would like to stay” in India as Hotstar struggles to avoid churn; Hotstar lost ~23M subscribers in the past year including 2.8M in Q4 2023 — Bob Iger said Wednesday that Disney “would like to stay” in India and is considering its options in the world's …
Discussion:
@florian4gamers, Forbes, NBC 7 San Diego and The Walt Disney Company, more at Techmeme »
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 — Los Angeles CNN — The Walt Disney Company missed Wall Street's expectations Wednesday when the company reported weaker-than-expected revenue for the past quarter.
Discussion:
Insider, @sarafischer, New York Post and The Hollywood Reporter
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 …
Discussion:
The Wrap and Variety, more at Techmeme »
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.
Discussion:
American Press Institute
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.
Discussion:
Light Reading, @eliblumenthal, FOX31 Denver and KUSA-TV
Ben Sisario / New York Times:
A woman sues former Grammy Awards CEO Neil Portnow, claiming he drugged and raped her in 2018 and the Recording Academy was negligent in investigating her claim — The woman, who is not named in the lawsuit, said that she was drugged by Neil Portnow, and that the Recording Academy was negligent in investigating her complaint.
Discussion:
The Wrap, Billboard, The Indian Express, Los Angeles Times, Variety, Forbes, Rolling Stone and Stereogum
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
Discussion:
Yahoo Finance, AdExchanger, Bloomberg and CNBC
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