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5:30 PM ET, November 8, 2024

Mediagazer

 Top News: 
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, News Corporation and Reuters
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
Discussion: News Corporation
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.
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 …
Hadas Gold / CNN:
Experts on authoritarian leadership in Europe say Trump could do extensive damage to US press freedom, similar to Orbán in Hungary, Putin in Russia, and more  —  New York CNN —  —  President-elect Donald Trump has vowed to go after much of the media in his second term …
Sarah Scire / Nieman Lab:
A look at Votebeat's use of a Slack channel to answer questions for journalists on the election, connecting reporters with experts through at least December 8  —  “The problem with voting stories is that the people who make themselves most available don't know what the hell they're talking about.”
Blake Brittain / Reuters:
A US federal judge dismisses Raw Story and AlterNet's copyright lawsuit against OpenAI over LLM 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 …
New York Times:
US prosecutors claim a second Iranian-directed plot existed to assassinate US-based activist and journalist Masih Alinejad, along with a plot to kill Trump  —  The allegation came in a complaint that said Masih Alinejad, a Brooklyn activist, had been the target of a second assassination attempt.
Dade Hayes / Deadline:
Paramount Q3: revenue down 6% YoY to $6.73B, operating income down 43% to $337M, DTC revenue up 10% to $1.86B, DTC adjusted OIBDA of $49M, 72M Paramount+ subs  —  Paramount Global posted mixed third quarter financial numbers as its TV and film divisions dipped, but bosses are pointing …
Ben Smith / @semaforben:
In a note to staff, Roula Khalaf says US editor Andrew Edgecliffe-Johnson is leaving the FT for Semafor and will be replaced by Derek Brower from December 1  —  A huge hire for @semafor Business, and more news to come on this front.
Discussion: Talking Biz News
 
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 More News: 
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
Discussion: Variety and TVNewsCheck
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
Discussion: Washington Post
 Earlier Picks: 
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
Charlotte Tobitt / Press Gazette:
UK-based Digitalbox buys three entertainment and lifestyle sites from GRV Media; GRV's executive chairman says his company has pivoted to sports journalism
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”
Sam Roberts / New York Times:
Richard Winfield, who worked to protect reporters' sources, convinced judges to allow cameras in court, and more as general counsel for the AP, died at age 91
Discussion: TVNewsCheck
 

 
From Techmeme:

Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday

Forbes:
AI startup founders and VCs hope that a Trump administration will lead to lighter regulations and the return of real acquisitions, not “contorted” ones

Umar Shakir / The Verge:
Google rolls out its Gemini-powered Vids app that lets users create video presentations using a prompt, with full access for Workspace users until at least 2026
 
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