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12:50 PM 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.
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
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:
Chris Roush / Talking Biz News:
Memo: Business Insider founder Henry Blodget says he is leaving BI's board, will remain an adviser and contribute occasional columns, and plans to write a novel  —  Business Insider founder Henry Blodget sent out the following on Friday:  —  Team,  —  Seventeen years ago …
Jonathan Stempel / Reuters:
CNN must face Project Veritas' defamation lawsuit after a federal appeals court finds that Project Veritas plausibly alleged that CNN acted with actual malice  —  A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation …
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 …
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.
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.
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 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.”
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 …
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 …
 
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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
 

 
From Techmeme:

Jody Godoy / Reuters:
Filing: Apple asks to participate in the remedial phase of Google's US antitrust case, saying it can't rely on Google to defend their revenue-sharing agreements

Bloomberg:
Iran's Supreme Council of Cyberspace approves lifting its ban on “certain widely used foreign platforms”, naming WhatsApp and Google Play as the first two apps

The Information:
Two major China-based Amazon merchants say Amazon reps have recently been offering incentives like free ads and lower commissions if they stop selling on Temu
 
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