Top News:
Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of copyright infringement — Universal Music Group (UMG), along with ABKCO Music & Records, and Concord Music Group, filed a major copyright infringement lawsuit …
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 …
Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees — Hundreds of jobs will be slashed at iHeart Media as the debt-ridden radio and podcast giant has been crushed by music streaming, The Post has learned.
Fred Imbert / CNBC:
Filing: Trump Media lost $19.2M in Q3, while revenue fell 5.6% YoY to just $1.01M; DJT jumped 18.6% before closing down 1.16% on November 5 — Trump Media, which is experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump's presidency chances …
Discussion:
Reuters, The Wrap, Benzinga, Bloomberg, @aronchick, @followtheh, @timobrien, @timobrien, U.S. Securities and Exchange Commission, @danprimack, @tkawaja and CNBC, more at Techmeme »
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:
Livemint, @abhishbanerj, NDTV Profit, Business Today, Times of India, India TV News, @unsubtledesi, India Today, @ani, @quinnypig, @shoaibdaniyal, News18, Republic World, Business Standard on YouTube, The Hans India, @drjain21, @asimali6, Scroll.in, @scroll_in, @monidipadey, ET NOW on YouTube, CNBC-TV18, @arvindgunasekar, @unsubtledesi, The Economic Times, Times of India, @amitmalviya, India Today on YouTube, The Indian Express, DNP INDIA, The Hindu, @theskindoctor13, News9live, OpIndia, @opindia_com, @asimali6, OpIndia, NDTV, Business Standard, Scroll.in and MEDIANAMA, more at Techmeme »
Tom Phillips / The Guardian:
Federal police in Brazil formally charge the alleged mastermind of the murders of UK journalist Dom Phillips and indigenous expert Bruno Pereira in June 2022 — Brazilian federal police announce end of two-year inquiry into killing of journalist and Indigenous expert in Amazon
Discussion:
Associated Press
Ryan Grim / Drop Site News:
In an internal email on Nov. 3, Patrick Soon-Shiong cites Trump's and Harris' stance on the Gaza war among the reasons the LA Times didn't endorse a candidate — In an internal email sent on November 3, Patrick Soon-Shiong, medical technology billionaire and owner of the Times …
Discussion:
@petersterne, @dropsitenews, Slate and Scroll.in
Wesley Hilliard / AppleInsider:
Apple adds an Apple News Live Activity widget to track the 2024 US election results in real time on iPhone and iPad lock screens and the Apple Watch widget view — If you're not feeling plugged in enough during the 2024 election, Apple News has a way to get up-to-the-second results …
Discussion:
9to5Mac, TechCrunch, ZDNET, @imdavidpierce@threads.net, Gizmodo, Digital Trends, The Verge and Engadget, more at Techmeme »
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:
AV Club, @zakaz96, @filmupdates, @jakmalonee, @justinebateman, StreamTV Insider, IndieWire, Forbes, @bdisgusting, @beckandwoods, Screen Rant and GQ
Mandy Dalugdug / Music Business Worldwide:
Music streaming platform Audiomack signs a licensing deal with Saregama, India's oldest label, and says it has hit 10M active users — Digital streaming platform Audiomack has partnered with Saregama, touted as India's oldest label, to bring “thousands” of Bollywood hits and regional language tracks …
Discussion:
Dave Macli on LinkedIn and Digital Music News
CNN:
Reporters from news orgs were denied credentials to Trump's election night watch event; source: Politico's credentials were revoked following critical coverage — New York CNN — — Journalists from multiple news organizations have been denied credentials to former President Donald …
Discussion:
Politico, @lacivitac, Alternet.org, @noahpollak, @jowens510.bsky.social, New York Magazine, @hadas_gold, @hadas_gold and @byajperez
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.
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