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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 …
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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
Jeremy Fuster / The Wrap:
SAG-AFTRA announces a deal with Ethovox, an AI company building a “foundational voice model” based on voices of members, who would get an ongoing revenue share — The company, owned and run by voice actors, will guarantee consent and compensation for union members with whom it works
Jeff Jarvis / Columbia Journalism Review:
Journalists and liberal critics blast the NYT and other US news outlets for “sanewashing”, false equivalence, and more, and call for sharper political reporting — From sanewashing to false equivalence, many readers have had it with their favorite news publications. Editors would do well to listen.
Todd Spangler / Variety:
An amended FCC filing shows that Skydance CEO David Ellison will hold 100% of the Ellison family's voting interests in the combined Paramount-Skydance company — Prior documentation indicated that Oracle founder Larry Ellison would be majority owner of National Amusements Inc.
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TVNewsCheck, The Wrap, @femme_mal@mstdn.social, Los Angeles Times, Deadline and The Hollywood Reporter
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.
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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:
The Information, Financial Times, Forbes, @worldguru.bsky.social, Fortune 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:
Mumbrella, 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 24%+ after hours — Reddit shares jumped 16% in extended trading on Tuesday after the social media company reported third-quarter results …
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 …
Discussion:
MediaPost, Alphabet Inc., The Desk, The Register, SiliconANGLE, Reuters, The Wrap, Capital Brief, The Information, The Verge, Fortune, Quartz, Investor's Business Daily, @lucas_shaw, Benzinga, Cord Cutters News, CNBC, 9to5Google, @philthepill.bsky.social, ZeroHedge News, Deadline, Semafor, The Hollywood Reporter and Media Play News, more at Techmeme »
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:
@elonmusk, @_jaybaxter_ and @communitynotes, more at Techmeme »
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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