Top News:
Todd Spangler / Variety:
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $24.97B, a new quarterly record, but below est. — iPhone sales tick up 5.5% in September quarter, above analyst forecasts … The company reported revenue of $94.93 billion …
Discussion:
@bloombergtv, @lexnfx, @lexnfx, Bloomberg, Apple Inc., Media Play News, The Hollywood Reporter and KDFX-TV, more at Techmeme »
Jennifer Maas / Variety:
Amazon reports Q3 ad revenue up 19% YoY to $14.33B, vs. $14.25B est., amid its push to insert ads into Prime Video, and subscription sales up 11% YoY to $11.3B — Amazon reported its third-quarter 2024 earnings, revealing ad sales rose 19% year over year amid the company's push to insert ads into Prime Video.
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google — The new option will let the chatbot's users search for timely information much as they would on the web.
Discussion:
Kevin Foo on LinkedIn, TechCrunch, Platformer, VentureBeat, Search Engine Land, Ars Technica, Wired, The Information, MediaPost, Gizmodo, Adweek, Digital Trends, CNBC, Reuters, Fast Company, BGR, Forbes, 9to5Google, MarTech, Yahoo Finance, GeekWire, Quartz and Eric Herbel on LinkedIn, more at Techmeme »
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Dominick Mastrangelo / The Hill:
Trump sues CBS News in a Texas court, claiming CBS engaged in election interference “through malicious, deceptive” editing of its 60 Minutes Harris interview — Former President Trump is suing CBS News over a “60 Minutes” interview it broadcast with Vice President Harris earlier …
Discussion:
Washington Post, Al Jazeera, Raw Story, Washington Examiner, The Wrap, CBS News, Deadline, Metro.co.uk, Townhall, @emptywheel, Axios, Reuters, @ArmyGirl@mastodon.world, @joshuaadouglas, One America News Network, @tomryanlaw, @ericcolumbus, New York Post, Daily Caller News Foundation, @joshgerstein, @ncweaver.skerry-tech.com, Le·gal In·sur·rec·tion, @binarybits, @doriandavis, @mmasnick.bsky.social, @emptywheel, The Daily Signal, @cahnemily, Alternet.org, @reichlinmelnick, The Gateway Pundit, The Independent, Daily Mail, RedState, Blaze Media, Financial Times and Washington Times
@scngguild:
[Thread] The SCNG Guild reaches a tentative deal with management at Alden's Southern California News Group, averting a potential strike — 🚨🚨We've reached a tentative agreement! Our Nov. 2 rally in Santa Ana is canceled and we are lifting our strike deadline for now. We will hold a ratification vote soon. Here are some of the gains we've made:
Discussion:
@scngguild, @scngguild, @scngguild and @mattdpearce@threads.net
Nico Grant / New York Times:
Media Matters: from May to August 2024, the top 30 conservative YouTube channels posted 286 videos containing US election misinformation, racking up 47M+ views — In June 2023, YouTube decided to stop fighting the most persistent strain of election misinformation in the United States …
Washington Post:
Analysis: 26 prominent podcasts have amplified unfounded claims about the integrity of the 2024 US election, in a format challenging for researchers to monitor — Claims aired on the free-flowing and beloved medium could undercut trust in the results of a razor-tight election, experts say.
Dade Hayes / Deadline:
In its Q3 earnings call, Comcast CEO Mike Cavanagh says the company is weighing spinning off its cable networks and open to “partnerships in streaming” — Comcast President Mike Cavanagh delivered an eye-opening update to investors on this morning's third-quarter earnings call …
Discussion:
Status, Wall Street Journal, StreamTV Insider, New York Times, The Hollywood Reporter, New York Post, @rfaughnder, @bristei, Los Angeles Times, Fast Company, @acrostical.bsky.social, Radio Ink, Variety, Jessica Toonkel on LinkedIn, TVNewsCheck, MediaPost, WORLD SCREEN, Advanced Television, Adweek, Axios and CNBC
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Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock's Q3 losses fell to $436M, down from $565M in Q3 2023, revenue rose 82% YoY to $1.5B, and subscribers rose 3M from June to 36M
Discussion:
TVNewsCheck, Deadline, Variety, Streaming Better, The Desk, Front Office Sports, IndieWire, Media Play News, Cord Cutters News, Benzinga, The Wrap and The Streamable
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
Discussion:
Motley Fool, Light Reading, MediaPost, Sportico, Tv Technology, Cord Cutters News, Bloomberg, Barron's Online and Reuters
Oliver Darcy / Status:
Sources: potential buyers line up in case Jeff Bezos ever sells WaPo, including Kara Swisher, who would assemble investors and seek to merge it with Vox Media — Potential suitors for The Washington Post are eagerly positioning themselves, waiting for the day in which Jeff Bezos might choose …
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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
Discussion:
Emi Kolawole on LinkedIn, Sewell Chan on LinkedIn, @tvgrimreaper, @lebatardshow, Harrie Vredenburg on LinkedIn, Newser, @wdlindsy@toad.social, Washington Post, @nypoet, @mikeelk, @ddimick, @froomkin, @mediaevan, @dicktofel, @glastris, @lenfestinst, @margotroosevelt, @rich1, @stevenwaldman, @ckrewson, Lauren Gustus on LinkedIn, Hard-G History, Evan Benn on LinkedIn, @kegill@mastodon.social, Chris Rauber on LinkedIn, @heidilifeldman@mastodon …, Nieman Lab and r/Journalism
Kate Lindsay / Embedded:
Q&A with Semafor's Max Tani on left-wing criticism claiming media doesn't cover some news, which he attributes to personalized feeds and passive consumption — Semafor's Max Tani on a common Twitter gripe — Embedded is your essential guide to what's good on the internet, written by Kate Lindsay and edited by Nick Catucci.
Discussion:
@semaforcomms
ProPublica:
An investigation finds eight deceptive operations on Meta's platforms that collectively controlled 340+ Pages and placed 160K ads to collect users' information — Co-published with Tow Center for Digital Journalism — Deceptive Political Ads: Eight deceptive advertising networks …
Charlotte Tobitt / Press Gazette:
Ofcom fines GB News £100K for giving Rishi Sunak a “mostly uncontested platform”, but won't enforce payment until judicial review of its decision is complete — Ofcom has fined GB News £100,000 after it ruled the broadcaster gave then-Prime Minister Rishi Sunak a …
Discussion:
Financial Times, GB News, OK!, City A.M., Sky News, The Guardian, Telegraph, The Sun, Deadline, ofcom.org.uk, Variety, The Media Leader, The Mirror and Politics.co.uk
Dominic Ponsford / Press Gazette:
Guardian Media Group CEO Anna Bateson shares details of Tortoise Media's bid for The Observer and says “difficult decisions” are ahead if the deal falls through — Anna Bateson says Observer is loss-making but has chance to be sustainable with Tortoise.
Discussion:
Sky News, Press Gazette and New Statesman
@baltsunguild:
The Baltimore Sun Guild's news members plan a byline strike November 3-10, citing sliding journalistic standards and union-busting proposals from management — NEW: The Baltimore Sun Guild's news members are launching a seven-day byline strike, from Nov. 3 to Nov. 10, including Election Day, citing sliding journalistic standards and union-busting proposals raised by management at the bargaining table. [image]
Discussion:
@baltsunguild and r/Journalism
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