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4:05 AM ET, October 29, 2024

Mediagazer

 Top News: 
Jeff Bezos / Washington Post:
Jeff Bezos says presidential endorsements “create a perception of bias” and WaPo ending them is a “principled decision”, but wishes the change was made earlier  —  The credibility gap can be bridged by independence.  —  Jeff Bezos is the owner of The Washington Post.
RELATED:
David Folkenflik / NPR:
Sources: more than 200,000 people had canceled their WaPo digital subscriptions by midday Monday, or ~8% of the paper's paid circulation of 2.5M subscribers  —  The Washington Post has been rocked by a tidal wave of cancellations from digital subscribers and a series of resignations from columnists …
Max Tani / Semafor:
Two more Washington Post opinion writers, David Hoffman, who accepted a Pulitzer Prize last week, and Molly Roberts, resign from its editorial board  —  The Scoop  —  Two more Washington Post opinion writers resigned from its editorial board Monday as the paper reels into the US election amid an identity crisis.
Max Tani / Semafor:
Guardian US received $1.1M in pledges after a note to readers highlighted its Harris endorsement, the biggest single fundraising day for its US operation  —  The Washington Post's competitors moved quickly to fill the space it vacated when it shifted from being a bulwark against former President Donald Trump …
Jennifer Maas / Variety:
Netflix adds a Moments feature on iOS, letting users save, rewatch, and share scenes across Instagram, Snapchat, and others, and plans an Android launch soon  —  Netflix just added a way for you to watch that carriage scene from “Bridgerton” over and over and over again — and share it with your friends — without breaking a sweat.
Jem Aswad / Variety:
Concord, one of the world's largest independent music companies, raised $850M in senior notes backed by its catalog of music assets that is valued at $5B  —  Concord, one of the world's largest independent music companies, has successfully closed a new series of $850 million in financing to “fuel strategic growth and acquisition.”
Alex Weprin / The Hollywood Reporter:
Samsung says its FAST service, Samsung TV Plus, has 88M MAUs, on par with Roku Channel, Pluto, and Tubi, and has seen a 50%+ YoY increase in global viewership  —  The South Korean tech giant says that its Samsung TV Plus service now has 88 million monthly active users, on par with services like Roku Channel, Pluto, and Tubi.
Hannah Murphy / Financial Times:
Interviews with current and former Snap employees detail Evan Spiegel's efforts to revive Snap, his divisive AR bet, high senior staff turnover, and more  —  Snapchat creator's ambitions in augmented reality and online advertising hit by growing strength of arch-rival Meta
 
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 More News: 
Ted Johnson / Deadline:
CNN says commentator Ryan Girdusky will no longer be welcome on the network after his offensive remark to fellow guest Mehdi Hasan on the NewsNight show
CTV News:
Canada's media regulator grants Google a five-year Online News Act exemption and orders Google to pay $100M to Canadian Journalism Collective within 60 days
Liam Reilly / CNN:
Comedy Central says Jon Stewart will extend his time hosting The Daily Show through December 2025
Brian Stelter / CNN:
How “video clippers” who cut and share standout moments from campaign events and cable newscasts on social media are driving news coverage in the 2024 election
Keir Starmer / The Guardian:
Keir Starmer says the UK recognizes “the basic principle” that outlets should “seek payment for their work” in AI training, and vows to fight SLAPP lawsuits
 Earlier Picks: 
Jesus Jiménez / New York Times:
Amazon Prime Video says the final season of Good Omens will be one 90-minute episode, after allegations against co-writer Neil Gaiman covering 1986 to 2022
Lucas Shaw / Bloomberg:
Sources: even though Warner Bros. outbid Amazon for Wuthering Heights, Amazon's proposal had a one month theater-only window and a streaming pay per view offer
New York Times:
California Gov. Gavin Newsom proposes increasing the film tax incentive program from $330M to $750M annually; the proposal needs State Legislature approval