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.
Discussion:
The Verge, Press Watch, The Guardian, Semafor, Media Nation, Techdirt, Free Press, New York Post, @r.gilmore@threads.net, RedState, MediaPost, UnHerd, The Nation, Fortune, Washington Examiner, CBC News, Public, Slate, The Hill, The Atlantic, Daily Mail, CBS News, The Information, Althouse, Decider, HotAir, Futurism, Fox News, TVNewsCheck, The Dispatch, Blaze Media, Patterico's Pontifications, Talking Points Memo, Axios, The American Spectator, Scripting News, @laurengoode@threads.net, The Daily Caller, Steve Bass on LinkedIn, BizPac Review, Poynter, @corbinbolies, Mock Paper Scissors, Le·gal In·sur·rec·tion, emptywheel, Cele|bitchy, KDFX-TV, @benjamintoff, @hannahgais, @etzioni, @cherylejackson, @peterbakernyt, UPI, The American Conservative, The Gateway Pundit, @vwpickard, @jimlaporta, @carolleonnig, @emily_hoeven, @jhweissmann, @_sandywest, @matthewstoller, @brianstelter, @jragazzo, @a_mendelson, @randolphduke7, @matthewboedy, @neilweinberg44, @stevemullis, @bradbaumn, @joshrudes, @jason_kint, @jason_kint, @matthewstoller, @ktmboyle, @sriramk, @aodespair, @garymarcus, @mattgertz, @papapishu, @ericnewcomer, @bcmerchant, @bcmerchant, @adrianweckler, @ike_saul, @ruthbenghiat, @clarajeffery, @jyarow, @jamesrbuk, @jamesrbuk, @dick_nixon, @tysonbrody, @jamesrbuk, NBC News, @conorsen, @sarafischer, @corbinbolies, @farhip, @benmullin, @dylanbyers, Washington Times, Status, Forbes, Newser, CNN, CNBC, The Daily Beast, The Wrap, Raw Story, @dangillmor@mastodon.social, Daily Press, Matt Pearce, Benzinga, The Independent, DNyuz, Daily Caller News Foundation, New York Times, Business Insider, Instapundit, Rolling Stone, Mediaite, Twitchy, Crooked Timber, Ken Klippenstein, Lawyers, Guns & Money, Daring Fireball, 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 Politico
RELATED:
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, Fox News, Press Gazette, @edzitron, Nick Budden on LinkedIn, @petesouza@threads.net, Deadline, @pkafka, Quartz, @semaforben, @bonchieredstate, @matthewstoller, @daveweigel.bsky.social, @baseballcrank, @benthomasnz, @markmaxwelltv, @ethangach, @davidfolkenflik, The Gateway Pundit, Financial Times 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, 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:
@mollylroberts, @michele_norris, Washington Post, The Guardian, @benmullin, Ian Plunkett on LinkedIn, @VisualStuart@pdx.social, Breitbart, Poynter, Columbia Journalism Review, @jayrosen_nyu, @benmullin, @benmullin, @maxwelltani, @davidfolkenflik, @brianstelter, @hadas_gold, @davidfolkenflik, @maxwelltani, @davidfolkenflik, @davidfolkenflik, @maxwelltani, @davidfolkenflik, Axios, HuffPost, @jeff@newsie.social, @knittingknots2@mstdn.social and NPR
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, Raw Story, HotAir, Townhall, Tangle, American Greatness, Cele|bitchy, Associated Press, RedState, Crikey, Breitbart and The Gateway Pundit
RELATED:
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.
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:
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, Mediaite, @acyn, @rashidatlaib, Adweek, Washington Examiner, @abbydphillip, RedState, The Hollywood Reporter, RADAR, The Boston Globe, Mediaite, Washington Post, The Federalist, CNN, Alternet.org, The Root, Newser, New York Times, Associated Press, Entertainment Weekly, Los Angeles Times, People, Breitbart, New Republic, Yahoo News, The Guardian, Daily Mail, TMZ.com, Twitchy, @zakiscorner, Newsbusters, @mikeisaac, @jordanuhl, Instapundit, Metro.co.uk, Daily Caller News Foundation, @wajahatali, Cele|bitchy, Forbes, @megawatts55, @oneunderscore__, @aidnmclaughlin, The Sun, @justinbaragona, @jerseylibop, @brianstelter, @jason_kint, Bossip, @brianstelter, Blaze Media, BizPac Review, Raw Story, The Independent, The Gateway Pundit, Digby's Hullabaloo, ComingSoon.net, Boing Boing, @fmanjoo, The Mirror, Al Jazeera, NBC News, Time, Black America Web, Barrett Media, Middle East Monitor, Townhall, Rolling Stone, The Daily Beast, The Wrap, New York Daily News, @oliverdarcy@threads.net, HuffPost, acecomments.mu.nu, Crooks and Liars, r/KamalaHarris, r/BreakingPoints and r/Global_News_Hub
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:
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:
Reddit Upvoted, more at Techmeme »
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 »
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
Georg Szalai / The Hollywood Reporter:
Vivendi's supervisory board approves a plan to separate Canal+, Havas, and Louis Hachette Group from Vivendi; shareholders are set to vote on December 9 — After final approval of the move designed to address “a very high conglomerate discount,” shares of pay-TV firm Canal+, ad giant Havas …
Discussion:
TVNewsCheck, The Wrap, @mediaevan, Deadline, Vivendi, Bloomberg, Broadband TV News, Wall Street Journal and Variety
Agata Pyka / Notes From Poland:
State-owned Radio Kraków shuts down a channel run by AI “presenters” after less than a week, citing “the level of emotion that accompanied this experiment” — A Polish radio station that launched a channel run almost entirely by artificial intelligence …
Output Producer, CA — 
China Markets Correspondent, Shanghai — 
Senior Assignment Editor, DC — 
Breaking News Editor, Tokyo — 
Senior Correspondent - Wealth, NY — 
Reporter - Ottawa Bureau — 
Research Director, CA — 
Immigration Enforcement Reporter — 
Presque Island Reporter, ME — 
Contributing Parks Ed. - SW, CA — 
AI Content Editor, WA — 
Legislative Reporter, TN — 
Elon Musk Reporter, NY or CA — 
Government & Politics Editor, WA — 
Business & GA Reporter. VT — 
Sports Reporter, WA — 
Energy Reporter, TX — 
Senior Reporter, SC — 
Trade & Climate Correspondent, DC — 
Reporter, WI — 
Political Newsletter Writer, CO — 
Jackson Reporter, MS — 
Music Editor, AZ — 
Breaking News Reporter, NV — 
Fearless Reporter/Producer, IA — 
Reporter II - Technology, Remote — 
Editor, Remote US — 
City Reporter, WA — 
Executive Editor, OR — 
Education & Budget Reporter, CA — 
Senior Writer/Editor, FL — 
Media Editor, Remote — 
