Mediagazer: 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 (Georg Szalai/The Hollywood Reporter)

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.

Discussion: The Wrap, San Francisco Business Times, @amonck, @sherman4949, @maxwelltani and @heidilegg

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: WebWire and Tech.eu

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 …

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: StreamTV Insider, Advanced Television, MediaPost and @2xaught7.bsky.social

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

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

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: BGR, Reuters, @bloombergtv, @lexnfx, @lexnfx, Bloomberg, Media Play News, Apple Inc., The Hollywood Reporter and KDFX-TV, more at Techmeme »

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.

Discussion: Sportico, The Streamable, ir.fubo.tv, The Hollywood Reporter, Cord Cutters News and Benzinga

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, New Republic and Columbia Journalism Review

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.

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

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: @corybe@threads.net, @kylie.robison@threads.net, NPR, CNBC, CNET, Yahoo Finance, Android Authority, BGR, VentureBeat, Engadget, Fast Company, DNyuz, Financial Times and Android Authority