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4:10 AM ET, November 5, 2024

Mediagazer

 Top News: 
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  —  The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines and provide services to mitigate …
RELATED:
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
Max Tani / @maxwelltani:
In email to staff, AG Sulzberger says the NYT Tech Guild strike will likely continue through the election and accuses the Guild of blocking essential journalism
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 …
Ellen Clegg / What Works:
After The Minnesota Star Tribune decided last summer not to endorse anyone for president, 15 former opinion staffers posted their own endorsement online  —  The Washington Post and the Los Angeles Times shocked readers, staff and political observers when their billionaire owners killed editorial endorsements …
Discussion: @dankennedy_nu and Media Nation
Alyson Krueger / New York Times:
A profile of Town & Country EIC Stellene Volandes, who is trying to keep the Hearst-owned 178-year-old magazine relevant via social media and its website  —  Stellene Volandes has brought new life to Town & Country, with snappy cover lines and an active social media presence.
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 …
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.
Ted Johnson / Deadline:
Politico names Annie Allen as its first Executive Producer of Events in North America, and plans to hire an executive producer for the DC Playbook franchise  —  Politico has named Annie Allen as executive producer of events, overseeing the media outlet's team in North America.
Discussion: @politicopress
Katie Robertson / New York Times:
The NYT reports adding 260K digital subscribers in Q3, for 11.9M in total, with digital ad revenue up 8.8% YoY to $81.6M, and The Athletic had its first profit  —  The Times reported steady growth in digital subscriptions in the third quarter and a profit for The Athletic for the first time since it acquired the sports site in 2022.
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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.
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 …
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: The Desk and Altice USA
 
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 More News: 
Alex Weprin / The Hollywood Reporter:
Source: NBC gave the Trump campaign free commercial time in response to Harris' SNL appearance, including an unusual ad during Sunday's NASCAR coverage
Fox:
Fox Corp reports Q1 revenue up 11% YoY to $3.6B, affiliate revenue up 6% YoY to $1.8B, ad revenue up 11% YoY to $1.3B due to political ads, and $832M net income
 Earlier Picks: 
Rob Davies / The Guardian:
Earlier in 2024, Sky found it had accidentally underpaid its ad partners, including Paramount and WBD, and now faces a bill for hundreds of millions of pounds
Discussion: The Media Leader
Ross Raihala / Twin Cities:
Q&A with Aaron Rupar on leaving Vox to start Public Notice on Substack, watching ~400 Trump rallies to share clips with his 989K followers on X, and more