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4:15 PM ET, November 1, 2024

Mediagazer

 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
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 …
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 …
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 …
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)
 
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 More News: 
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
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.
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
 Earlier Picks: 
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
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
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”