Top News:
Charlie Warzel / The Atlantic:
This past US election cycle has shown that few seem to agree on who constitutes “the media”, what their role should be, or how much influence they have in 2024 — “You are the media now.” That's the message that began to cohere among right-wing influencers shortly after Donald Trump won the election this week.
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.
Discussion:
The Desk, NewscastStudio, @variety, @charterhousesq, Editor and Publisher, Cord Cutters News, TVNewsCheck, Deadline, The Wrap and WORLD SCREEN
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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 Desk, Deadline, The Hollywood Reporter, Media Play News, The Streamable, Variety, AMC Networks Inc. and Benzinga
Taylor Lorenz / User Mag:
Threads becoming inundated with liberal election fraud conspiracies highlights the shift toward a “post-truth” online landscape across the political spectrum — Over the past several days, Meta's Threads has become inundated with liberal election fraud conspiracies.
Discussion:
@taylorlorenz@threads.net, more at Techmeme »
Anna Nicolaou / Financial Times:
A profile of Interscope CEO John Janick, who was promoted to run UMG's US West Coast labels in March, adding to speculation that he will one day be UMG's CEO — Why Billie Eilish and Olivia Rodrigo chose John Janick — Dr Dre is frustrated. “What are you gonna do?” …
Discussion:
@annaknicolaou
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 …
Discussion:
Newsbusters, Bloomberg Law, Courthouse News Service, American Thinker, TVNewsCheck, Reason, Reuters, Florida Phoenix and Fox 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.
Discussion:
@juwanthecurator.bsky.social and John Cheary on LinkedIn
RELATED:
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 …
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 …
Discussion:
@thestalwart, @penenberg, @hblodget, The Wrap, @samro, @jfberke, @walthickey and @benmullin
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.
Discussion:
Cord Cutters News, The Hollywood Reporter, World of Reel, TVNewsCheck, New York Post, Axios, Fortune, Bloomberg, Bloomberg, Techdirt, Deadline and The Hill
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:
@elizwgreen, @jessicahuseman, MEDIANAMA and Civic News Company on LinkedIn
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, GOV.UK and The Hollywood Reporter
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