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7:25 AM ET, October 31, 2024

Mediagazer

 Top News: 
Steven Waldman / Columbia Journalism Review:
Jeff Bezos should donate The Washington Post to a public charity that maintains its quality and independence, as he is too financially compromised to own it  —  His conflicts of interests are insurmountable.  He can take a heroic path to strengthen journalism.
RELATED:
Sarah Scire / Nieman Lab:
A broad group of news outlets attracted new subscribers after WaPo's lack of an endorsement for president; The Philadelphia Inquirer gained 4,200+ subscribers  —  The Philadelphia Inquirer had its best week for new subscriptions ever and The Guardian U.S. broke its single-day fundraising record — twice.
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
Alexandra Canal / Yahoo Finance:
Roku reports Q3 revenue up 16% YoY to $1.06B, vs. $1.02B est., 85.5M streaming households, up 2M QoQ, and Q4 guidance below est.; ROKU drops 11%+  —  Roku (ROKU) stock fell more than 10% in after-hours trading on Wednesday after the company's Q4 guidance disappointed, despite the media player reporting …
RELATED:
Caitlin Huston / The Hollywood Reporter:
Starting in Q1 2025, Roku plans to stop giving quarterly updates on the number of streaming households and average revenue per user, following Netflix
John O'Nolan:
John O'Nolan, CEO of open-source CMS Ghost, outlines the organization's governance structure and says the platform generates around $7.5M in annual revenue  —  Ghost is a distributed non-profit foundation which gives away all of its intellectual property under a permissive MIT license.
New Jersey Digest:
The Star-Ledger, New Jersey's largest newspaper, plans to end its print edition on January 30, 2025, citing growing costs and a shrinking demand for print  —  The Star-Ledger, New Jersey's largest newspaper, will stop publishing its print edition on January 30, 2025, transitioning fully to a digital format.
Lillian Rizzo / CNBC:
Comcast reports Q3 net income down 10% YoY to $3.63B and revenue up 6.5% YoY to $32.07B; revenue for media, mainly composed of NBCU, rose 37% YoY to $8.23B  —  Comcast reports its third-quarter earnings before the bell Thursday.  Wall Street will once again be focused on subscriber numbers …
Upmanyu Trivedi / Bloomberg:
Google faces increasing legal challenges from Russia and fines in non-US courts, after YouTube blocked three Russian channels following the invasion of Ukraine  —  Law experts raise concerns about nationalism rearing its head in courts around the world  —  When YouTube blocked three Russian channels …
Mia Sato / The Verge:
Fox, ABC, and others are broadcasting graphic and hateful ads paid for by political candidates during the World Series; the FCC requires stations accept the ads  —  The World Series between the Los Angeles Dodgers and the New York Yankees is in full swing, and millions of people in the US …
Meta Investor Relations:
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% to $15.69B, and family daily active people up 5% to 3.29B on average for September 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
Andrew Webster / The Verge:
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles  —  This time, it's a mobile app called Nintendo Music, which lets users listen to classic gaming tunes from Nintendo games spanning the last few decades …
Ben Strauss / Washington Post:
A look at the feud over NFL reporters talking to players in locker rooms, after the players union cut off long-accepted access, calling the practice “outdated”  —  Journalists say locker-room access is critical to covering the league.  Some players want to take the conversation outside.
Discussion: Associated Press and @benjstrauss
 
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 More News: 
Kyle Orland / Ars Technica:
How The New York Times used LLMs to help reporters sort through hundreds of hours of audio to report on the Republican-affiliated Election Integrity Project
Peter White / Deadline:
The Grammys, which have aired on CBS for over 50 years, will air on ABC, Hulu, and Disney+ starting from 2027, as part of a 10-year deal
Washington Post:
CCDH: of 283 X posts in 2024 with false election claims that Community Notes members had responded to, only 20 had notes with enough votes to be publicly shown
Alex Weprin / The Hollywood Reporter:
Amazon invests in Spotter, a creator platform that counts MrBeast as a client and provides capital and tools to creators, as part of a wider partnership
 Earlier Picks: 
Variety:
Barcelona-based Grup Mediapro launches a €1B sports rights brokering fund, targeting established and emerging sports
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 Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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