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5:15 PM ET, November 4, 2024

Mediagazer

 Top News: 
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.
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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
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.
RELATED:
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
Max Tani / Semafor:
At an internal meeting, NYT editors shared what they thought of internal and external feedback, “explicit threats from Trump about us in the media”, and more  —  The Scoop  —  With the 2024 presidential election a few weeks away, one question was top of mind for staff at The New York Times …
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Washington Post:
Pointing at media personnel during a rally, Trump says “someone would have to shoot through the fake news” to hit the bulletproof glass and “I don't mind that”  —  Trump's latest comments were an escalation of violent language he and his supporters have used in recent days.
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  —  Trump appeared in spots that aired during Sunday's coverage of both sporting events on NBC, speaking directly to the camera.
RELATED:
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 about $17B in H1 2024, and overall revenue grew 35% to about $73B, after growing 40% in H1 2023  —  TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024 …
Discussion: @jessicalessin
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: Altice USA
Porter Anderson / Publishing Perspectives:
PEN America: 10,046 school books bans across 29 states were recorded from July 2023 to June 2024, up ~200% YoY; Florida had 4,500+ bans and Iowa had 3,600+ bans  —  Calling US book bannings ‘tragic for young people,’ PEN America, four days before the 2024 US elections, cites a one-year 200-percent increase in such censorship.
Discussion: Maryland Matters and PEN America
 
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 More News: 
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: Telegraph
Katie Robertson / New York Times:
How Joanna Coles and Ben Sherwood are trying to revive The Daily Beast, amid conflicts with the staff, tech problems, and skepticism towards their vision
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is exploring a push into smart glasses by conducting an internal study, codenamed Atlas, to gather employee feedback on products on the market

Bloomberg:
Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T

Bloomberg:
Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG
 
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