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, Reuters, Bloomberg, Media Play News, Apple Inc., 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.
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 …
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Washington Post, Washington Post, Reuters, @emptywheel, @ArmyGirl@mastodon.world, @joshuaadouglas, One America News Network, CNN, @tomryanlaw, @ericcolumbus, Raw Story, Daily Caller News Foundation, @joshgerstein, Washington Examiner, Al Jazeera, Le·gal In·sur·rec·tion, @binarybits, @doriandavis, @emptywheel, CBS News, @cahnemily, Alternet.org, @reichlinmelnick, The Gateway Pundit, Deadline, The Wrap, @ncweaver.skerry-tech.com, @mmasnick.bsky.social, Metro.co.uk, The Independent, Townhall, Daily Mail, The Daily Signal, Axios, RedState, Reuters, New York Post, Blaze Media, Financial Times and Washington Times
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:
The Independent, Financial Times, Kevin Foo on LinkedIn, Platformer, YourStory.com, Türkiye Today, MediaPost, Digital Trends, Adweek, Gizmodo, 9to5Mac, MarTech, Eric Herbel on LinkedIn, BGR, VentureBeat, Forbes, Ars Technica, Reuters, 9to5Google, GeekWire, Quartz, The Information, Search Engine Land, CNBC, Fast Company, TechCrunch, Wired and The Verge, more at Techmeme »
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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)
@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
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.
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 …
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:
The Bookseller, Telegraph, Sky News, Press Gazette and New Statesman
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:
Advanced Television, StreamTV Insider, Wall Street Journal, NewsBlues.com, @rfaughnder, @bristei, Status, New York Times, Los Angeles Times, Jessica Toonkel on LinkedIn, Fast Company, Radio Ink, @acrostical.bsky.social, Variety, The Hollywood Reporter, New York Post, TVNewsCheck, MediaPost, WORLD SCREEN, 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:
Investor's Business Daily, Motley Fool, Light Reading, MediaPost, Sportico, Tv Technology, Cord Cutters News, Bloomberg, Barron's Online and Reuters
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 …
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