Top News:
Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement” — Universal Music Group (UMG), along with ABKCO Music & Records, and Concord Music Group, filed a major copyright infringement lawsuit …
Daniel Thomas / Financial Times:
BBC Chair Samir Shah calls for UK's “outdated” regulatory regime to be improved to let public service broadcasters compete with US streaming giants for viewers — Samir Shah wants regulatory regime improved so public service broadcasters can act with ‘agility, flexibility, and pace’
Discussion:
The Times, Variety, The Guardian, Daily Mail, Telegraph, BBC, @bbcpress, BBC, The Independent, Broadcast, The Hollywood Reporter, Deadline, @knittedkittie, @alexandergardin, CMU and Deadline
Katie Robertson / New York Times:
The Times Tech Guild, representing 600+ NYT devs, data analysts, and more, goes on strike ahead of the US election; management offered a 2.5% annual wage rise — The Times Tech Guild represents more than 600 software developers and others who run the back-end systems behind The Times's digital operation.
Discussion:
Fox News, @nytguildtech, Townhall, Boing Boing, @_alastair, Washington Post, @lmoses, Breitbart, @mikeisaac, @anastasiakeeley, The Verge, @austin_rief, The Western Journal, @soniasodha, @brianstelter, @lydiadepillis, @robertvinluan, @lmoses, NBC News, @hamiltonnolan, @hamiltonnolan, @davidfolkenflik, @nytimesguild, @nytguildtech, @amandahess, @teroterotero, Wall Street Journal, RedState, The Hill, David Wheeler on LinkedIn, Fast Company, Benzinga, Business Insider, TechCrunch, ZeroHedge News, Poynter, Gizmodo, Axios, The Guardian, @phire@phire.place, @maxeddy@infosec.exchange, The Wrap, Fortune, One America News Network, Shaka C on LinkedIn, NewsGuild of New York, Washington Examiner, Variety, New York Post, Semafor, Semafor, Barron's Online, Mediaite, @chrisg@fosstodon.org, @w7voa@journa.host, @sauthoff.bsky.social, @NYTGuildTech@union.place, @jeffgreco.com and Instapundit
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Devin Coldewey / TechCrunch:
As the NYT Tech Guild goes on strike, Perplexity CEO Aravind Srinivas offers the AI company's services to the NYT to help ensure election coverage is available
Discussion:
Associated Press, @aravsrinivas, @aravsrinivas, @albertfong98, @carnage4life@mas.to, @simonkp, acecomments.mu.nu, @coreypein.bsky.social, Latin Times, PCMag, @AnnemarieBridy@mastodon …, @jeffjarvis@mastodon.social, @Sobieck@hachyderm.io, @WarnerCrocker@mastodon.social, The Information, Fast Company, 404 Media and HuffPost, more at Techmeme »
Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering — Investigators searched the offices of U.S. streaming giant Netflix (NFLX.O) in France and the Netherlands as part …
Manish Singh / TechCrunch:
India issues a notice to Wikipedia over bias concerns, questioning if it should be classified as a publisher, after judges called its open editing “dangerous” — Wikipedia is facing mounting regulatory pressure in India as local authorities question whether the platform …
Discussion:
Times of India, The Hindu, Business Standard, Livemint, The Economic Times, CNBC-TV18, Times of India, NDTV, Scroll.in, @asimali6, @shoaibdaniyal, @drjain21, @arvindgunasekar, @scroll_in, @abhishbanerj, OpIndia, OpIndia, @asimali6, @unsubtledesi, @ani, @unsubtledesi, @theskindoctor13, @opindia_com, @monidipadey, @amitmalviya, NDTV Profit, The Hans India, The Indian Express, Business Standard on YouTube, India Today, Republic World, DNP INDIA, News9live, India TV News, Business Today, India Today on YouTube, ET NOW on YouTube, News18, Scroll.in and MEDIANAMA, more at Techmeme »
Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media — Shari Redstone won't stay on the board of Paramount Global after the company completes its planned merger with Skydance Media, according to people familiar with her plans.
Discussion:
The Wrap
William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI — Scott Beck and Bryan Woods explain why they ended their movie with a pointed message about generative AI.
Discussion:
Forbes, IndieWire, @bdisgusting, @beckandwoods, Screen Rant and GQ
Joshua Benton / Nieman Lab:
Around 75% of the largest US newspapers aren't endorsing anyone for president this year, as publishers try not to annoy any sliver of their remaining customers — Led by risk-averse corporate owners, dozens of the biggest U.S. newspapers have decided their editorials should express opinions …
Discussion:
TVNewsCheck, Fox News, @frasermatthew, @dilanesper, Crikey, @tianran, @farhip, @tysonbrody, @alexanderrusso, @jbenton, Axios, MediaPost and The Guardian
Jay Peters / The Verge:
Netflix plans to delist nearly all of its interactive shows and films as of December 1 saying the tech “served its purpose”, after launching the format in 2017 — Netflix's “Interactive Specials” page lists 24 titles, but only four will remain: Black Mirror: Bandersnatch …
Discussion:
The Sun, @camseyeview, @schlafman, @whatonnetflix, @aworkersignited, The Mirror, Tech Advisor, DNyuz, Gizmodo, BGR and Engadget, more at Techmeme »
The Information:
Sources: ByteDance's international revenue grew 60%+ YoY to ~$17B in H1 2024, and overall revenue grew 35% YoY to ~$73B, after growing 40% YoY in H1 2023 — TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024 …
Discussion:
Wired and @jessicalessin, more at Techmeme »
Sara Fischer / Axios:
Meta informs ad partners that it will extend its ban on new election ads for the week leading up to the election until several days after the polls close — - It later adjusted its policies to temporarily stop all social issue, electoral, or political ads from running after the polls closed on November 3rd.
Discussion:
TechCrunch, The Hill, @ali_lev, @sarafischer, @martyswant, Fortune, CNBC, Forbes and Reuters, more at Techmeme »
Elisabeth Egan / New York Times:
An interview with Craig Garnett, the publisher of The Uvalde Leader-News, about his new book Uvalde's Darkest Hour, the aftermath of the school shooting, more — Craig Garnett, the publisher of The Uvalde Leader-News, opens up about covering a tragedy that was — and is — too close to home.
Etan Vlessing / The Hollywood Reporter:
Altice USA's Optimum lost 77K subscribers in Q3, bringing total subs to 2.1M; revenue fell 4% YoY to $2.2B, with a loss of $43M, down from a $66.8M profit YoY — The cable operator, led by Dennis Mathew, has introduced new digital TV packages to target cord-cutters and consumers shifting online.
Discussion:
TVNewsCheck, The Desk and Altice USA
The New York Times Company:
The NYT reports Q3 revenue up 7% YoY to $640.2M, subscription revenue up 14.2% YoY to $322.2M, and operating profit up 20.7% YoY to $76.7M — NEW YORK, November 4, 2024 - The New York Times Company (NYSE: NYT) announced today third- quarter 2024 results. Key Highlights
Discussion:
Poynter, @tvgrimreaper, Bloomberg and @aulia@mementomori.social
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