Top News:
Kurt Wagner / Bloomberg:
Meta unveils Movie Gen, which creates up to 16-second videos from a text prompt, available to some staff and partners; Meta plans to add it to its apps in 2025 — Movie Gen tool can create short videos from a text prompt — Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool …
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Victoria Gomelsky / New York Times:
Watches of Switzerland Group, one of the world's largest watch retailers, acquires the watch enthusiast website Hodinkee, says coverage will remain independent — Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.
Discussion:
@reb40, @ilyakan2004, @kstahl, @will__stern, @hiddenvaluegems, @penttijokinen, @cllctmedia, @aspeciale, cllct, @rafat, @robbreport, @etkeld, Daniela Morena on LinkedIn, Benjamin Clymer on LinkedIn, Lorcan McCabe on LinkedIn, Katie Reed on LinkedIn, Adam Schoenberg on LinkedIn, WWD and Robb Report
Emma Roth / The Verge:
Mullenweg says “WordPress.org just belongs to me personally”, as his WP Engine feud blurs the lines between WordPress.org, WordPress Foundation, and Automattic — The lines between the WordPress open-source project, the nonprofit backing it, and the commercial arm owned by Automattic are blurring.
ProPublica:
Sources and records: Trump Media has forced out its COO, CPO, and other executives after internal allegations that CEO Devin Nunes is mismanaging the company — Several people involved with the former president's company, operator of Truth Social, believe the departures …
Ben Cohen / Wall Street Journal:
A look at Google NotebookLM's Audio Overview feature, which was built by Google Labs and has gone viral thanks to its the Deep Dive podcast with two AI hosts — With this Google tool, you can now listen to a show about any topic you could possibly imagine. You won't believe your ears.
Discussion:
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Dade Hayes / Deadline:
Filing: Nexstar cuts its chief revenue officer position, and CRO Michael Strober will leave the company on October 30; he was hired after Nexstar bought The CW — Nexstar Media Group, which hired Turner veteran Michael Strober as EVP and Chief Revenue Officer in 2022, has eliminated his position.
Discussion:
The Desk, TVNewsCheck and Variety
Ashley Belanger / Ars Technica:
YouTube says it fixed an issue that appeared to affect thousands of accounts, incorrectly flagging channels as spam, removing them, and disabling subscriptions — YouTube confirmed Friday that a bug mistakenly removing seemingly thousands of accounts wrongly marked as sharing spam and deceptive content was finally fixed.
Karen Raugust / Publishers Weekly:
Penguin renews its master publishing deal with BBC Studios for Bluey books; the books have sold 20M+ copies in 22 languages worldwide, including 8.5M in the US — Penguin has renewed its master publishing deal with BBC Studios for the hit preschool animated series Bluey.
Dominic Ponsford / Press Gazette:
Leading UK cultural figures decry Observer's planned sale to Tortoise as “a betrayal” of liberal journalism; Guardian, Observer staff consider striking — Guardian and Observer journalists have agreed they may take industrial action in protest at plans to sell The Observer to Tortoise Media.
Charlotte Tobitt / Press Gazette:
A UK judge rules that GB News can challenge an Ofcom ruling about a Q&A show with Rishi Sunak in a court hearing, but says Ofcom can keep pursuing sanctions — But the broadcaster failed in its bid to temporarily block Ofcom from publishing a sanction against it.
Discussion:
Financial Times, Financial Times and Broadband TV News
Dan Rys / Billboard:
Warner Music Group and Meta strike a multiyear licensing deal across all Meta platforms, including WhatsApp for the first time — The deal will cover WhatsApp for the first time and includes an agreement to jointly tackle issues around generative AI on Meta's platforms.
Brian Stelter / CNN:
In response to the NYT's decision not to issue local endorsements, Ben Smith and other NYC journalists launch a project to do interviews with and vet candidates — New York CNN — — As newspaper editorial boards lose influence, or withdraw from the space altogether, there are openings for others.
Discussion:
@brianstelter@threads.net and @brianstelter@threads.net