Top News:
Katie Robertson / New York Times:
The NYT reports Q3 digital subscribers hit 260K, for 11.9M in total, digital ad revenue rose 8.8% YoY to $81.6M, and The Athletic turned 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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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:
Bloomberg and @aulia@mementomori.social
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:
TechCrunch, HuffPost, The Guardian, Washington Post, The Wrap, Wall Street Journal, The Verge, New York Post, Variety, Poynter, Gizmodo, @_alastair, @austin_rief, ZeroHedge News, Axios, @soniasodha, @nytguildtech, Mediaite, @phire@phire.place, Fox News, @anastasiakeeley, One America News Network, Barron's Online, Washington Examiner, Semafor, NewsGuild of New York, Shaka C on LinkedIn, @nytimesguild, @NYTGuildTech@union.place, @lmoses, @teroterotero, @jeffgreco.com, @robertvinluan, @lydiadepillis, @nytguildtech, @w7voa@journa.host, @sauthoff.bsky.social, Semafor, @hamiltonnolan, @amandahess, @davidfolkenflik, @brianstelter, @hamiltonnolan, DNyuz, Mother Jones and The Nation, more at Techmeme »
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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 — NYT publisher AG Sulzberger emails the Times newsroom saying the NYT Tech Guild strike will likely continue through the election. He says it is “troubling that the Tech Guild would try to block this public service at such a consequential moment for our country.” [image]
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.
Discussion:
Boing Boing, NBC News, Deadline, Metro.co.uk, The Times of Israel, Poynter, @alaynatreene, @digiphile@threads.net, @coachfinstock.bsky.social, @annmlipton.bsky.social, @ronaldfilipkowski@threads.net, @rachelbitecofer, @kolchak@threads.net, @alaynatreene, RedState, @noahshachtman@threads.net, @cdarwin@c.im, @crampell, UPI, New York Post, @jpjassy.bsky.social, @faineg.bsky.social, Reuters, Alabama Reflector, CBS News, Raw Story, Politico, Daily Mail, @coachfinstock.bsky.social, Must Read Alaska, Forbes, Axios, Salon, Rolling Stone, HuffPost, The Independent and Fox 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 — Trump appeared in spots that aired during Sunday's coverage of both sporting events on NBC, speaking directly to the camera.
Discussion:
@brendancarrfcc, IndieWire, LateNighter, The Hill, The Guardian, Mediaite, Vanity Fair, @davidfolkenflik, ZeroHedge News, The Daily Caller, Breitbart, @davidfolkenflik, New Republic, New York Post, Newser, Marty Davis on LinkedIn, @garymarcus, @alexweprin, Washington Examiner, Deadline, @daniel_foster_x, Axios, Bleeding Cool News, The Gateway Pundit, @brianstelter, DNyuz, SFGATE, The Independent, The Western Journal, HuffPost, The Atlantic, IJR, The Wrap, Forbes, Scripps News, Twitchy, Variety, TVNewsCheck, USA Today, Fox News, Awful Announcing and Public
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, PEN America and UPI
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 — He now has nearly a million followers on X and a successful Substack newsletter — If you follow presidential politics online …
Discussion:
@aaron.rupar@threads.net and @aaron.rupar@threads.net
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 — NEW YORK, NY, November 4, 2024 - Fox Corporation (Nasdaq: FOXA, FOX; “FOX” or the “Company") today reported financial results for the three months ended September 30, 2024.
Discussion:
MediaPost, The Desk, Adweek, @pkafka, Front Office Sports, The Wrap, @matthewkeyslive, Reuters, Variety, Bloomberg, Deadline, The Hollywood Reporter, DNyuz, @jbflint, @jbflint, @tvgrimreaper, @pkafka, @jbflint, @jbflint, TVNewsCheck and @jbflint
Daniel Thomas / Financial Times:
BBC Chair Samir Shah plans to call on the UK government to “regulate for growth” and say that “the fight is on” to protect programming by UK broadcasters — Samir Shah wants regulatory regime improved so public service broadcasters can act with ‘agility, flexibility, and pace’
Discussion:
The Guardian, CMU, Deadline, @knittedkittie and @alexandergardin
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 — Kay Koplovitz still remembers her first negotiation. Her family was moving from one suburb of Milwaukee to another …
Discussion:
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