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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.
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Semafor:
WaPo subscribers canceling shows how much its anti-Trump stance was marketing, as many seemed to be there for the mission, not necessarily the content — THE SCOOP — The wave of canceled subscriptions to the Washington Post marks the end of an era in which news organizations marketed themselves …
Discussion:
@davidfolkenflik, The Wrap, Fox News, Townhall, Gizmodo, @edzitron, Press Gazette, @harrietvane.bsky.social, @busbyj2.bsky.social, @pkafka, Quartz, @semaforben, @bonchieredstate, Deadline, @matthewstoller, @daveweigel.bsky.social, @baseballcrank, @petesouza@threads.net, @benthomasnz, @markmaxwelltv, @ethangach, @davidfolkenflik, The Gateway Pundit and Financial Times
Josh Fiallo / The Daily Beast:
USA Today says it won't issue a presidential endorsement, nor will any of Gannett's 200 other papers; USA Today's 2020 Biden endorsement was a first since 1982 — PLAYING IT SAFE — The national newspaper, which endorsed Joe Biden four years ago, says it'd rather have its editors focussed on local elections.
Discussion:
New York Post, Fox News, CNN, The Hill, Washington Examiner, Filosofa's Word, Townhall, Raw Story, Tangle, American Greatness, HotAir, Cele|bitchy, RedState, Associated Press and Crikey
Erik Wemple / Washington Post:
Though Jeff Bezos' decision to block WaPo's presidential endorsement is editorially violent and destabilizing fiat, he is acting within his rights as the owner
Discussion:
Defector, The Hill, The Atlantic and RedState
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
Discussion:
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Todd Spangler / Variety:
YouTube Q3 ad revenue grew 12.2% YoY to $8.92B, vs. $8.89B est.; total ads and subscription revenues passed $50B over the past four quarters for the first time — YouTube generated a cool $8.92 billion in advertising revenue for the third quarter of 2024 as the world's biggest video-streaming …
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 15% YoY to $1.37B vs. $1.36B est., DAUs up 9% YoY to 443M, issues light Q4 guidance, and announces $500M stock repurchase program — Snap reported better-than-expected third-quarter results on Tuesday, but issued light fourth-quarter guidance. The stock slipped in extended trading.
Discussion:
Reuters, Benzinga, Deadline, The Hollywood Reporter, Bloomberg and Snap Inc., more at Techmeme »
Jonathan Vanian / CNBC:
Reddit Q3: revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est, ARPU of $3.58, vs. $3.24 est.; RDDT jumps 20%+ after hours — Reddit shares jumped 16% in extended trading on Tuesday after the social media company reported third-quarter results …
Discussion:
Investor's Business Daily, Benzinga, Reddit Upvoted and Bloomberg, more at Techmeme »
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 — “There is zero room for racism or bigotry at CNN or on our air,” the network said in a statement shared by host Abby Phillip tonight.
Discussion:
@ryangirdusky, New York Post, The Hill, Reuters, Variety, @acyn, Mediaite, @rashidatlaib, @abbydphillip, Algemeiner.com, Washington Examiner, The Hollywood Reporter, RedState, RADAR, Mediaite, Adweek, Washington Post, The Boston Globe, CNN, The Federalist, Associated Press, Entertainment Weekly, New York Times, Los Angeles Times, The Guardian, People, Breitbart, New Republic, Yahoo News, Twitchy, @zakiscorner, Newser, Newsbusters, @mikeisaac, @jordanuhl, Instapundit, Alternet.org, Daily Caller News Foundation, @wajahatali, Cele|bitchy, Forbes, @megawatts55, @oneunderscore__, @aidnmclaughlin, The Sun, Daily Mail, @justinbaragona, @jerseylibop, @brianstelter, @jason_kint, Bossip, TMZ.com, @brianstelter, Blaze Media, BizPac Review, Raw Story, The Independent, The Gateway Pundit, Digby's Hullabaloo, Boing Boing, @fmanjoo, ComingSoon.net, Metro.co.uk, The Mirror, Black America Web, Barrett Media, The Root, NBC News, Time, Al Jazeera, Middle East Monitor, Rolling Stone, Townhall, The Daily Beast, The Wrap, @oliverdarcy@threads.net, HuffPost, acecomments.mu.nu, Crooks and Liars, New York Daily News, r/KamalaHarris, r/BreakingPoints and r/Global_News_Hub
Ben Thompson / Stratechery:
Meta is well positioned to be AI's main beneficiary, including by applying generative AI to ads, which at some point will be indistinguishable from content — Stratechery has benefited from a Meta cheat code since its inception: wait for investors to panic, the stock to drop …
Discussion:
Forbes, Fortune, @worldguru.bsky.social, Digital Journal and The Information, more at Techmeme »
Mariella Moon / Engadget:
Amazon plans to shut down its Kindle Vella serialized story platform in February 2025; users won't lose access to unlocked stories after the program closes — It's winding down the service over the next few months. — Amazon, in what it described as a “difficult decision,” …
Bojan Pancevski / Wall Street Journal:
A profile of The Rest Is History, the most popular history podcast with 11M monthly downloads; sources: TRIH has 45K+ paying subscribers and earns $200K+/month — ‘The Rest Is History’ dives into the past with raucous good cheer and has captured a growing audience of young listeners.
Discussion:
@davidluhnow, @bopanc, @holland_tom, @bopanc, @alecmacgillis, @backtweetboi, @wsj, @holland_tom, @bopanc, @joshglancy and @thehistoryofth2
James Rainey / Los Angeles Times:
Sources: the LA Times, with fewer than 400,000 subscribers, saw 7,000+ cancellations for “editorial reasons” after declining to endorse in the presidential race — - Both papers have faced reader anger after declining to endorse, with critics saying the institutions failed them.
Ted Johnson / Deadline:
Andrea Mitchell says she will end her daily MSNBC show in January after the inauguration but will keep reporting for NBC News; she joined the network in 1978 — On MSNBC's Andrea Mitchell Reports today, she told viewers, “And after sixteen years of being in the anchor chair every day …
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