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2:35 AM ET, November 9, 2024

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 Top News: 
Jim Milliot / Publishers Weekly:
News Corp's HarperCollins reports Q1 revenue up 4% YoY to $546M, led by a 15% YoY gain in digital sales; JD Vance's Hillbilly Elegy led titles with ~1.5M copies  —  HarperCollins followed up a strong quarter ended June 30, 2024, with more solid results in the quarter ended September 30, 2024.
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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
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
Variety:
AMC Networks acquires full control of BBC America, after BBC Studios sold its remaining 50.1% interest in the channel to AMC Networks for $42M in cash  —  The U.S. media company has owned a 49.9% stake in the channel since 2014, which it purchased for $200 million in a deal with BBC Worldwide.
RELATED:
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 …
Elizabeth Dilts Marshall / Billboard:
Bill Ackman, UMG board member and major shareholder, seeks to move UMG's stock listing and HQ to the US from Amsterdam, after Israelis were attacked in the city  —  The head of Pershing Square Capital, which owns 10% of UMG's stock, said moving UMG to the U.S. after attacks on Israelis overnight …
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 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.”
Winston Cho / The Hollywood Reporter:
Under Trump, media executives and M&A advisers predict fewer deal constraints, more encroachment by Big Tech onto Hollywood, and more broadcast TV consolidation  —  A palpable buzz has taken hold of corporate boardrooms that another four years of the Republican will free up dealmaking.
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.
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 …
 
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 More News: 
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
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: TVNewsCheck and Variety
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
 Earlier Picks: 
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
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
 

 
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

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

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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