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, @patriciaeguino, @benmullin, Washingtonian, @benmullin, @film_girl@threads.net, @talia.barrington@threads.net, @ellaeliz@threads.net, @mkarolian@threads.net, New York Post, Benjamin Mullin on LinkedIn, @scotian.bsky.social, @juwanthecurator.bsky.social and MediaPost
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 — 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 …
Discussion:
Gizmodo, The Hill, The Decoder, Windows Central, @rustybrick, @carnage4life@threads.net, CCN.com, @reuterslegal and Music Ally, more at Techmeme »
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.”
Discussion:
Civic News Company on LinkedIn and @jessicahuseman
Jake Kanter / Deadline:
The UK government launches a forum that includes the BBC, Sky, and Ofcom to examine ways of preserving linear TV for older and underprivileged audiences — The UK government plans to examine ways of sustainably preserving linear television for older and underprivileged audiences amid the streaming revolution.
Discussion:
@francarnell.bsky.social, The Hollywood Reporter and GOV.UK
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 …
Discussion:
TVNewsCheck, AdExchanger, IndieWire, Adweek, Advanced Television, Ad Age, The Streamable, @lucas_shaw, Media Play News, Streaming Better and Cord Cutters News
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
Kayla Cobb / The Wrap:
AMC Networks report Q3 revenue down 5.9% YoY to $599.6M, operating income down 22% YoY to $93.7M, 11.8M streaming subscribers, $316M in subscription revenue — Subscribers to AMC+ grew 5% in the third quarter of 2024 and now total 11.8 million — AMC Networks posted disappointing earnings results during …
Discussion:
The Streamable, Variety, Deadline, Media Play News, The Hollywood Reporter, AMC Networks Inc. and Benzinga
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.
Discussion:
Shore News Network, @tonywinton@threads.net, @briantylercohen, @ncblake, @ncblake, @cheyennehuntca, @benghazi_ebooks, @benghazi_ebooks, @claireeshaffer, @chronotope, @chronotope, @chronotope, @claireeshaffer, @iamnickreynolds, @ethangach, @realvanjackson, @sowmyak, @karavoght, @joeholder_, @rebexxxxa, @maxwelltani, The Independent, @renee.diresta@threads.net, @walthickey, @bernstein, Instapundit, Taylor Lorenz on LinkedIn, Aaron Huertas on LinkedIn, MediaPost, @drjoehanson@threads.net, @avecruth@threads.net, Fast Company, The Free Press, Le Monde.fr, The Hollywood Reporter, @michaelbishop.me, @dansinker@omfg.town, @taylorlorenz@mastodon.social, @taylorlorenz@mastodon.social, Ad Age, Wired and The Information
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