Mediagazer: Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media (Christopher Palmeri/Bloomberg)

11:45 PM ET, November 4, 2024

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.

Discussion: Washington Post, @nytguildtech, Wall Street Journal, The Verge, Breitbart, @_alastair, DNyuz, NBC News, @anastasiakeeley, @brianstelter, The Western Journal, NewsGuild of New York, @nytimesguild, TVNewsCheck, @maxeddy@infosec.exchange, Poynter, Benzinga, @lmoses, David Wheeler on LinkedIn, @lmoses, @teroterotero, @robertvinluan, RedState, Axios, ZeroHedge News, The Wrap, @lydiadepillis, @nytguildtech, @austin_rief, TechCrunch, @hamiltonnolan, @soniasodha, @phire@phire.place, The Guardian, @amandahess, @mikeisaac, @davidfolkenflik, One America News Network, Gizmodo, Fast Company, The Hill, @hamiltonnolan, Business Insider, Shaka C on LinkedIn, Washington Examiner, Variety, New York Post, Semafor, Mediaite, @chrisg@fosstodon.org, Barron's Online, @w7voa@journa.host, @sauthoff.bsky.social, Fox News, @NYTGuildTech@union.place, @jeffgreco.com, Semafor and Mother Jones, more at Techmeme »

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 …

Discussion: @aravsrinivas, acecomments.mu.nu, @aravsrinivas, PCMag, @coreypein.bsky.social, The Information, 404 Media, @albertfong98, HuffPost, @AnnemarieBridy@mastodon …, @WarnerCrocker@mastodon.social, Latin Times, Fast Company, @Sobieck@hachyderm.io, @jeffjarvis@mastodon.social and @simonkp, more at Techmeme »

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

Discussion: @ericnewcomer, @rebekahentralgo, @maraleia.bsky.social, @mikeisaac, @kantrowitz, @ericnewcomer, @lee__drake, @hamiltonnolan, @bllorenz, @justinkloczko, @tkaaaaaaaaaay and The Gateway Pundit

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.

Discussion: The Boston Globe, @jhweissmann, @benmullin, Awful Announcing, @benjstrauss, AdExchanger, The Wrap, Press Gazette, Aki Mandhar on LinkedIn, Claudio E. Cabrera on LinkedIn and CNBC

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

Discussion: @tvgrimreaper, Bloomberg and @aulia@mementomori.social

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: MediaPost, @frasermatthew, @farhip and @jbenton

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.

Sean Burch / The Wrap:

Report: Garrett Ventry, who will join NBC News' Election Night coverage as a Republican pundit on election day, registered as an agent of Qatar in September — Garrett Ventry is paid $960,000 per year by Qatar's media office for PR work — Garrett Ventry, who will be joining NBC News …

Discussion: @SteveThompson@mastodon.social, @posselist and TVNewsCheck

Todd Spangler / Variety:

Amazon unveils X-Ray Recaps on Prime Video, an AI feature that generates “spoiler-free and concise summaries” of TV shows, in beta to Fire TV users in the US — On Monday, Amazon announced X-Ray Recaps on Prime Video, touting the generative-AI-based feature as …

Discussion: About Amazon, The Verge, TechCrunch, Android Authority, Hani Suleiman on LinkedIn, Cord Cutters News, Tv Technology, BGR, Media Play News and TVNewsCheck, more at Techmeme »

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: Gizmodo, BGR, DNyuz and Engadget, more at Techmeme »

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.

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

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.

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: Reuters, CNBC and Forbes, more at Techmeme »

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

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

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More News:

Brian Steinberg / Variety:
A look at MSNBC's “Avengers” format of bringing together top anchors for big moments, which Rashida Jones says elevates “the seriousness of the news”

Discussion: DNyuz and @bristei

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

Discussion: The Guardian, @knittedkittie, @alexandergardin, CMU and Deadline

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

Discussion: MediaPost, @matthewkeyslive, @jbflint, Reuters, @jbflint, @tvgrimreaper, @pkafka, @jbflint, @jbflint, @pkafka, @jbflint, The Desk, Adweek, Barrett Media, Bloomberg, The Wrap, DNyuz, Deadline, The Hollywood Reporter, Variety and TVNewsCheck

Julian Borger / The Guardian:
A look at ultranationalist Israeli broadcaster Channel 14, which counts Netanyahu as a supporter and is fast becoming the country's most-watched news source

Discussion: @kaedotcom and @ayoub@spore.social

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

Earlier Picks:

Sarah Kessler / New York Times:
Q&A with Kay Koplovitz on her transition to becoming a VC with Springboard after selling USA Networks, why women-led startups are underestimated, DEI, and more

Discussion: - Helena Torras on LinkedIn

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

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

Discussion: Maryland Matters

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

From Techmeme:

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

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

Juli Clover / MacRumors:
The second developer beta of iOS 18.2 shows a “daily limit” for free access to “advanced” ChatGPT via Siri and an option to upgrade to ChatGPT Plus in Settings

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