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1:20 PM ET, November 8, 2024

Mediagazer

 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.
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
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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
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 …
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 …
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.”
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: Variety and TVNewsCheck
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
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
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.
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 More News: 
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
 Earlier Picks: 
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:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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