Top News:
Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers — All employees at The Post will be expected to return to the office by June 2. Managers must be back in the office full time by Feb. 3.
Discussion:
TVNewsCheck, @benmullin, Washingtonian, @benmullin, @mkarolian@threads.net, Benjamin Mullin on LinkedIn, @benmullin, New York Post, @talia.barrington@threads.net, @ellaeliz@threads.net, @patriciaeguino, @benmullin, @film_girl@threads.net, @scotian.bsky.social, @juwanthecurator.bsky.social and MediaPost
Sarah Perez / TechCrunch:
TikTok launches Share to TikTok, which lets users directly share music from Apple Music and Spotify in a post to their TikTok Feed or in DMs via TikTok Messages — TikTok on Thursday debuted a new feature that will more closely connect its app, which already influences which songs top the charts …
Discussion:
TikTok, Spotify, Music Ally, Digital Music News, Billboard, Music Business Worldwide and The Verge, more at Techmeme »
Blake Brittain / Reuters:
A US judge dismisses a copyright lawsuit by Raw Story and AlterNet against OpenAI over AI training, for now, saying the outlets couldn't show enough harm — A New York federal judge on Thursday dismissed a lawsuit against artificial intelligence giant OpenAI that claimed it misused articles …
Discussion:
Music Ally and @reuterslegal, more at Techmeme »
Dade Hayes / Deadline:
In an earnings call, David Zaslav says the Trump administration may be more merger friendly, enabling a “real positive and accelerated impact on this industry” — Warner Bros. Discovery CEO David Zaslav said Donald Trump's re-election as president bodes well for media M&A.
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Deadline:
WBD report Q3 revenue down 3% YoY to $9.62B, adjusted EBITDA down 18% YoY to $2.4B, and net income of $135M, as its box offices numbers drop
Discussion:
Adweek, Benzinga, The Streamable and Variety
Georg Szalai / The Hollywood Reporter:
WBD reports Q3 adjusted EBITDA for DTC, including streaming and pay-TV, of $289M, up from $111M in Q3 2023, and 110.5M subscribers, up 7.2M from Q2 2024
Discussion:
MediaPost, RetailWire, The Desk, Tv Technology, Streaming Better, StreamTV Insider, IndieWire, Quartz, Variety, WORLD SCREEN, The Information, Media Play News, CNBC and The Wrap
Taylor Lorenz / User Mag:
How conservatives nurtured and funded a vast network of online influencers and creators, and how structural disadvantages prevent the left from replicating it — Minutes after Donald Trump was declared the winner of the 2024 election, Dana White took the stage to thank the influencers who helped lead Trump to victory.
Discussion:
MediaPost, Instapundit, @renee.diresta@threads.net, @claireeshaffer, @chronotope, @chronotope, @benghazi_ebooks, @rebexxxxa, @ncblake, @ethangach, @briantylercohen, @joeholder_, The Independent, @realvanjackson, @cheyennehuntca, @sowmyak, @walthickey, @chronotope, @karavoght, @ncblake, @maxwelltani, @claireeshaffer, @iamnickreynolds, @bernstein, @benghazi_ebooks, Taylor Lorenz on LinkedIn, Aaron Huertas on LinkedIn, @drjoehanson@threads.net, @avecruth@threads.net, Fast Company, Le Monde.fr, The Free Press, @michaelbishop.me, @dansinker@omfg.town, @taylorlorenz@mastodon.social, @taylorlorenz@mastodon.social, The Hollywood Reporter, Ad Age, Wired and The Information
RELATED:
Connor Hart / Wall Street Journal:
News Corp names Lavanya Chandrashekar as its next CFO, succeeding Susan Panuccio, starting January 1 with an annual $1.4M base salary — Chandrashekar most recently served as CFO at Diageo — News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio …
Discussion:
News Corporation
Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M — The Murdoch-led media company reported 5.9 million Dow Jones subscribers, up 11% — News Corp., the home to The Wall Street Journal …
Discussion:
The Times, Reuters and News Corporation
Austin Fuller / Current:
How public media newsrooms in Nevada, Wyoming, Colorado, and Oklahoma are enhancing their statehouse journalism with funding from CPB — With a new round of CPB funding for state government coverage, public media newsrooms in seven more states are hiring reporters and building collaborations to strengthen statehouse reporting.
Discussion:
@kosuradio, @cory_gaines, @coreyhutchins, TVNewsCheck, Reuters and Austin Fuller on LinkedIn
Clay Risen / New York Times:
Jim Hoagland, a two-time Pulitzer Prize winner, foreign correspondent, editor, and columnist for The Washington Post, died on November 4 at age 84 — A two-time Pulitzer Prize winner, he was a reporter, editor and columnist for The Washington Post, renowned for his deeply sourced dispatches.
Discussion:
Washington Post
Amanda Meade / The Guardian:
Nine Entertainment's acting CEO predicts AU$100M in cuts over the next two years and says staffers found to have engaged in harassment will be “held to account” — ‘There will be change at Nine and individuals will be held to account for behaviour of this nature’ acting CEO tells AGM
Discussion:
news.com.au, Mumbrella, Sydney Morning Herald and Australian Financial Review
Nancy Tartaglione / Deadline:
Sony Pictures reports Q2 revenue down 14% YoY to ~$2.39B, profit down 39% YoY to $124M, weighed down by lower TV series deliveries due to 2023 Hollywood strikes — That's a 39% decrease versus the similar quarter in 2023, on a U.S. dollar basis. Adjusted OIBDA (Operating Income …
Discussion:
TVNewsCheck and Variety
Matthew Keys / The Desk:
Lionsgate's CEO calls Q2 results “disappointing”, with revenue of $948.6M and a net loss of $163.3M; Starz lost 800K North American streaming subscribers QoQ — Executives at Lionsgate did not attempt to sugarcoat the company's financial results for its latest financial quarter.
Discussion:
The Wrap, Media Play News, Variety, Lionsgate, Deadline and The Hollywood Reporter
WashPostPR / Washington Post:
WaPo launches Ask The Post AI, an experimental generative AI tool that gives curated article results and summary answers based on stories published since 2016 — Today, The Washington Post debuted “Ask The Post AI” a generative AI tool leveraging the publication's deeply-sourced …
Discussion:
Gwanhoo Lee on LinkedIn, Washington Post and @kyefox.com
Lili Loofbourow / Washington Post:
A look at Amazon Prime Video's election night show, with former NBC News anchor Brian Williams, a wide array of news team members and guests, and a surreal set — The former NBC News anchor's deeply strange (and ambitious) live stream captured the surrealism of the night.
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