Top News:
Edward Helmore / The Guardian:
Source: WaPo subscription cancellations hit 250,000 on Tuesday, or 10% of subscribers, since October 25, 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:
@craig.forman@threads.net, Techdirt, @craig.forman@threads.net, @craig.forman@threads.net, Poynter, @jakeadelstein, Newser, @genevaoh@threads.net, MediaPost, @GossiTheDog@cyberplace.social, Le Monde.fr, @stacycowley, @myhlee, Daring Fireball, @kenvogel, @Balkingpoints@mastodon.online, The Handbasket, @edmundlee@threads.net, Gizmodo, @nelson@tech.lgbt, @carlmalamud@official …, @mpm@mstdn.social, The Wrap, Fox News, The Hill, The American Conservative, Crooked Timber and Washington Post
RELATED:
David Folkenflik / NPR:
The LA Times has lost 10,000 to 18,000 subscriptions, or up to 4.5% of its subscribers, since owner Patrick Soon-Shiong axed the paper's Harris endorsement
Discussion:
Washington Post and The Wrap
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
Discussion:
@davidfolkenflik, City & State New York, Axios, Fox News, @edzitron, Townhall, The National Pulse, @pkafka, @matthewstoller, @baseballcrank, @markmaxwelltv, @bonchieredstate, @benthomasnz, @ethangach, @davidfolkenflik, @semaforben, UnHerd, @harrietvane.bsky.social, @busbyj2.bsky.social, @petesouza@threads.net, @daveweigel.bsky.social, Slate, Press Gazette, Breitbart, Quartz, The Gateway Pundit, Newser, Financial Times, GeekWire, The Hill, Mediaite, Bloomberg, Daily Press, Business Insider, The Dworkin Report, HuffPost, The Wrap, NPR, New York Magazine, Variety, The Guardian and Oh No They Didn't!
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:
Fortune, Heartland Signal, The Drum, Washington Examiner, Defector, CBS News, Patterico's Pontifications, Associated Press, Poynter, The Atlantic, The Independent, RedState, Newser, DNyuz, KDFX-TV, Society of Professional …, Daily Caller News Foundation, CNBC, The Hill, Fox News, Semafor and Deadline
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.
Discussion:
TVNewsCheck, @femme_mal@mstdn.social, TVNewsCheck, The Wrap, Bloomberg, Deadline and The Hollywood Reporter
Amanda Meade / The Guardian:
Australia's ABC Chair Kim Williams says pursuing “digital titans for a fair cut of the revenues drained from mainstream journalism” is a “democratic imperative” — Kim Williams says funding local news and public interest journalism is crucial in a world where 'the distortion …
Discussion:
Crikey
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.
Chris Roush / Talking Biz News:
Consumer Reports gets a $5M investment from Craig Newmark Philanthropies to conduct new investigations into cyber harms, AI systems, privacy concerns, and more — Consumer Reports has received a a new investment of $5 million from Craig Newmark Philanthropies that will accelerate its vision …
Discussion:
@consumerreports and Innovation at Consumer Reports
Neel Dhanesha / Nieman Lab:
A decade after the Serial podcast launched, public radio executives say they think true crime podcasts can bolster interest and support for their organizations — Amid the downturn in audio, some executives think the public radio model — with a dash of true crime — might provide a way forward.
Discussion:
Nieman Lab and Nieman Lab
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
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 »
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:
Business Insider, Mumbrella, Snap Inc., Investor's Business Daily, Benzinga, Reuters, Deadline, The Hollywood Reporter, Snap Inc. and Bloomberg, more at Techmeme »
Jonathan Vanian / CNBC:
Reddit reports 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%+ — 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, TVNewsCheck, Alphabet Inc., @lucas_shaw, YourStory.com, Digital Music News, SiliconANGLE, The Register, Capital Brief, Benzinga, The Information, Cord Cutters News, The Desk, The Verge, Reuters, Fortune, The Wrap, Quartz, ZeroHedge News, Investor's Business Daily, @philthepill.bsky.social, 9to5Google, Deadline, Semafor, The Hollywood Reporter, CNBC and Media Play News, 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:
@captainplanetow, @supbagholder, @borrowed_ideas, The Information, Financial Times, Forbes, Digital Journal and Fortune, more at Techmeme »
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