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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 National Pulse, Townhall, Gizmodo, The Wrap, @edzitron, Fox News, @pkafka, Quartz, @semaforben, @bonchieredstate, Deadline, @matthewstoller, @daveweigel.bsky.social, @harrietvane.bsky.social, @baseballcrank, @petesouza@threads.net, @benthomasnz, @markmaxwelltv, Press Gazette, @ethangach, @davidfolkenflik, @busbyj2.bsky.social and The Gateway Pundit
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Edward Helmore / The Guardian:
Source: WaPo subscription cancellations hit 250,000 on Tuesday, or 10% of subscribers, since Friday, based on the number of cancellation emails sent out — Reader backlash against decision not to make presidential endorsement rolls on despite Bezos defense of decision
Discussion:
NPR, @stacycowley, @kenvogel, The Handbasket, @nelson@tech.lgbt, @carlmalamud@official …, @mpm@mstdn.social and The Hill
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 and The Atlantic
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:
@mollylroberts, @michele_norris, Washington Post, The Drum, New York Post, @benmullin, Ian Plunkett on LinkedIn, Breitbart, Columbia Journalism Review, Poynter, @VisualStuart@pdx.social, The Guardian, @jayrosen_nyu, @benmullin, @benmullin, @maxwelltani, @davidfolkenflik, @brianstelter, @hadas_gold, @davidfolkenflik, @maxwelltani, @davidfolkenflik, @davidfolkenflik, @maxwelltani, @davidfolkenflik, @jeff@newsie.social, @knittingknots2@mstdn.social and NPR
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
Discussion:
The Verge, Fox News, Techdirt, Free Press, Poynter, Press Watch, The Boston Globe, Marin Independent Journal, Semafor, Townhall, City Journal, The Daily Signal, Megyn Kelly, Alex Boody on LinkedIn, acecomments.mu.nu, Media Nation, @edmundlee@threads.net, The Nation, Power Line, New York Post, RedState, CBC News, @r.gilmore@threads.net, Fortune, Slate, Althouse, Decider, HotAir, Futurism, Daily Mail, The Dispatch, Blaze Media, Patterico's Pontifications, Talking Points Memo, Axios, UnHerd, The American Spectator, Scripting News, MediaPost, @laurengoode@threads.net, The Daily Caller, Steve Bass on LinkedIn, Nick Budden on LinkedIn, BizPac Review, The Hill, The Atlantic, @corbinbolies, Mock Paper Scissors, Le·gal In·sur·rec·tion, CBS News, The Information, Cele|bitchy, The American Conservative, The Gateway Pundit, TVNewsCheck, @benjamintoff, @hannahgais, @etzioni, @cherylejackson, @peterbakernyt, emptywheel, Washington Times, Washington Examiner, @vwpickard, KDFX-TV, @jimlaporta, @carolleonnig, @emily_hoeven, @jhweissmann, @_sandywest, @matthewstoller, @brianstelter, @jragazzo, @a_mendelson, @randolphduke7, @matthewboedy, @neilweinberg44, @stevemullis, @bradbaumn, @joshrudes, @jason_kint, @jason_kint, Public, UPI, @matthewstoller, @ktmboyle, @sriramk, @aodespair, @garymarcus, @mattgertz, @papapishu, @ericnewcomer, @bcmerchant, @bcmerchant, @adrianweckler, @ike_saul, @ruthbenghiat, @clarajeffery, @jyarow, @jamesrbuk, @jamesrbuk, @dick_nixon, @tysonbrody, @jamesrbuk, @conorsen, @sarafischer, @corbinbolies, @farhip, @benmullin, @dylanbyers, NBC News, Status, Forbes, Newser, CNBC, CNN, The Daily Beast, The Wrap, @dangillmor@mastodon.social, Business Insider, New York Times, GeekWire, The Guardian, @jbillinson@threads.net, The Hollywood Reporter, Bloomberg, @ernie@writing.exchange, @tim@phire.place, Variety, Deadline, @michaelbishop.me, Business Insider, Michael Learmonth on LinkedIn, @dangoodin@infosec.exchange and r/Journalism
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:
The Hill, CNN, Fox News, Newser, Washington Examiner, Associated Press, Townhall, Raw Story, Tangle, American Greatness, HotAir, Cele|bitchy, Filosofa's Word and RedState
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:
Financial Times, Forbes, Fortune, The Information, @worldguru.bsky.social and Digital Journal, more at Techmeme »
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, Snap Inc., Investor's Business Daily, 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 …
Karissa Bell / Engadget:
X says it has “re-architected” the scoring system for its Community Notes feature so that notes can now appear less than 20 minutes after a post is published — The fact checks can now appear less than 20 minutes after a post is published, the company said.
Discussion:
@_jaybaxter_, @elonmusk and @communitynotes, more at Techmeme »
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 …
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 …
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.
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,” …
Bloomberg:
Netflix signs a deal with NBCU to license live-action films starting in 2027 and renews its agreement for DreamWorks and Illumination animated films — The live-action films from Universal Pictures and Focus Features, which include franchises such as Fast & Furious and Jurassic Park …
Discussion:
Comic Book, The Streamable, BGR, Variety, Deadline, Media Play News, IndieWire, @philthepill.bsky.social, The Wrap, The Verge and The Hollywood Reporter
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