Top News:
CNBC:
Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M — The Greek media company Antenna Group is in talks to acquire Time Inc. from Salesforce co-founder Marc Benioff, according to people familiar with the matter.
Reuters:
Disney forms the Office of Technology Enablement to coordinate its use of emerging technologies such as AI and mixed reality, to be led by CTO Jamie Voris — Walt Disney (DIS.N) is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality …
Discussion:
The Wrap
Sara Fischer / Axios:
The world's biggest digital ad companies saw significant sales growth in Q3, due to US political ad revenue, AI-enhanced ad tools, and healthy consumer spending — - Google's advertising revenue jumped more than 10% year-over-year, thanks in part to election-related ad spend, especially on YouTube …
Discussion:
Radio & Television …, @davidclinchnews, Marketing Dive, Radio Ink, Axios, Digiday, CNBC, Adweek and TVNewsCheck
Jack Neff / Ad Age:
A survey of US advertisers and agencies: 49% said alternative currencies were just as effective as Nielsen and 36% said they were more effective than Nielsen — Nielsen remains dominant, but a growing number of advertisers have tried alternatives and most find them equal or better
Dominick Mastrangelo / The Hill:
Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart — Hugh Hewitt has quit as a contributing columnist to The Washington Post, after storming out of a Post Live event on Friday morning …
Discussion:
CNN, Fox News, Mediaite, New York Post, The Wrap, RedState, @megynkelly, @rolandsmartin, @georgescriban@threads.net, @kbode@threads.net, Daily Mail, Politico, American Greatness, @FrankNation@mastodon.social, HotAir, What's New Today, acecomments.mu.nu, Le·gal In·sur·rec·tion, Blaze Media, The New Neo, Washington Examiner, Raw Story, BizPac Review, Daily Caller News Foundation, The Gateway Pundit and @brenthbaker
Dade Hayes / Deadline:
Fubo reports Q3 revenue up 20% YoY to $386.2M, a net loss of $54.7M, down from $84.4M in Q3 2023, and 1.6M subscribers in North America, up 9% YoY — Revenue in the period ended September 30 increased 20% over the same frame a year ago to reach $386.2 million. Losses narrowed to 17 cents a share from 29 cents a year ago.
Georg Szalai / The Hollywood Reporter:
Troveo, which helps content owners and digital rights managers license content to AI companies but keep ownership rights, launches with $4.5M in seed funding — The platform, Troveo, launches with $4.5 million in seed funding and says it has “deals in place with prominent AI companies to pay …
Discussion:
TVNewsCheck, WebWire and Tech.eu
Kayla Cobb / The Wrap:
Charter says some cable plans will have access to ad-supported versions of Max, Disney+, Peacock, ESPN+, and other streamers at no extra cost by early 2025 — TV Select customers will be able to watch the ad-supported versions of Max, Disney+, Peacock Premium, Paramount+ and more at no additional cost
Discussion:
TVNewsCheck, TVNewsCheck, StreamTV Insider, Advanced Television, MediaPost and @2xaught7.bsky.social
Brian Stelter / CNN:
Robert Kagan and Danielle Allen, who resigned from WaPo over its decision not to issue a presidential endorsement, join The Atlantic as contributing writers — New York CNN — — Two veteran writers who resigned from The Washington Post over its non-endorsement decision are joining The Atlantic.
Discussion:
The Atlantic and New Republic
Financial Times:
BBC World Service secures a 25% increase in its government grant for 2025/26; sources: £27M has been agreed, on top of baseline funding of £104M this year — Executives have warned that cuts have left the UK struggling to counter a rise in Russian and Chinese propaganda
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:
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Columbia Journalism Review:
Reporters from the UK, Singapore, Iran, Japan, Haiti, Brazil, Italy, and Hungary describe the complexities of covering US elections for various audiences — Foreign reporters on covering the Americanest election imaginable. — Richard Hall — THE INDEPENDENT (UK)