Mediagazer: Sources: Disney board members are exploring fresh candidates in their search for a successor to Bob Iger, including EA CEO Andrew Wilson (Wall Street Journal)

Sources: Disney board members are exploring fresh candidates in their search for a successor to Bob Iger, including EA CEO Andrew Wilson — Disney board members are considering outsiders including the CEO of videogame company Electronic Arts — Disney is exploring fresh candidates …

Discussion: Variety, The Wrap, Deadline, Cord Cutters News, @dylanbyers, @alexweprin and @mediaevan

Benjamin Mullin / New York Times:

Nicholas Carlson unveils Dynamo, a video-focused company that aims to make “cinematic” stories, and raised $3.4M from Henry Blodget, Jessica Lessin, and others — Nicholas Carlson is preparing to debut a media start-up of his own called Dynamo.Clark Hodgin for The New York Times

Discussion: @bristei, @hblodget, @chaykak, @benmullin, @nichcarlson and @scottnover

Lily Ford / The Hollywood Reporter:

Gary Lineker plans to step down from soccer show Match of the Day after 26 years, but extends his BBC Sport contract; he is the BBC's highest-paid presenter — The ex-England soccer captain has become the face of BBC Sport and the public broadcaster's highest-paid presenter since …

Wall Street Journal:

Meta plans to ask Facebook and Instagram users in Europe if they want to get “less personalized ads” and cuts subscription prices by 40%, a concession to the EU — The Facebook and Instagram owner faces pressure in Europe to ask before using data to target ads or train artificial intelligence.

Discussion: TechCrunch, Engadget, Hindustan Times, @lexzard, @mikeryanretail, noyb, The Verge, Associated Press, Reuters, Bloomberg, RTÉ, Axios, @metanewsemea, Meta, Irish Independent, @eric_seufert and WinBuzzer, more at Techmeme »

Le Monde:

Le Monde, Le Figaro, Les Echos, and other French news outlets sue X, accusing it of running their content without paying, violating so-called neighboring rights — Several leading French news organizations said Tuesday, November 12, that they are suing social media platform X, accusing it of running their content without payment.

Discussion: TechCrunch, The Guardian, Reuters, Telegraph, Daily Sabah and Al Jazeera

Reuters:

Tencent Music reports Q3 revenue up 6.8% YoY to ~$970M, below est., social entertainment revenue down 23.9%, and paying users up 15.5%; TME drops 5%+ pre-market — Tencent Music Entertainment (1698.HK) missed estimates for quarterly revenue on Tuesday, as Beijing's crackdown …

Discussion: Billboard, Benzinga, Investing.com, Tencent Music, Music Business Worldwide and Variety

Brian Steinberg / Variety:

Netflix says its ad tier has 70M MAUs globally, up from 40M in May 2024, and it sold all out available in-game inventory for its Christmas Day NFL broadcasts — Netflix, a company that once dismissed the concept of allowing commercials around its popular streaming content, now can't seem to get enough of them.

Discussion: The Wrap, Deadline, About Netflix, Bloomberg, Reuters, PCMag, Fortune, Engadget, Front Office Sports, The Information, Los Angeles Times, The Hollywood Reporter, CNBC and Yahoo Finance, more at Techmeme »

Hugh Dougherty / The Daily Beast:

Chris Wallace quits CNN after three years, opting not to renegotiate his contract, and says he will instead go independent — The veteran broadcaster, 77, will walk away from his seven-figure role in a watershed moment for cable TV. — EXCLUSIVE — Chris Wallace is quitting CNN …

Sara Fischer / Axios:

Source: Substack raised ~$10M in new funding; investors include Nate Silver and Omeed Malik, whose firm 1789 Capital backed Tucker Carlson's new media venture — - Substack's original value proposition of empowering writers to connect directly with their audiences has attracted a diverse set of writers …

Discussion: ZeroHedge News

Bloomberg:

Letter: a group of Dish creditors rejects a bond-exchange offer that is key to the company's proposed acquisition by DirecTV, ahead of a November 12 deadline — The steering committee of Dish lenders made its case to a wider group of bondholders, calling the deal one of the largest …

Discussion: The Wrap, The Streamable, Wall Street Journal, Cord Cutters News, TVNewsCheck, The Desk, CBS News and Benzinga

Todd Spangler / Variety:

IAC reports Q3 revenue at Dotdash Meredith up 5% YoY to $439.5M and a $22.1M operating profit; The Daily Beast is profitable, a first, and revenue rose 81% YoY — Media vets Ben Sherwood, Joanna Coles took 49% stake in site under deal with IAC — Ben Sherwood and Joanna Coles …

Mark Sweney / The Guardian:

Fortress Investment Group acquires Curzon, a UK arthouse film company with 16 cinemas across the UK, a distribution arm, and a streaming service — US private equity group buys company's 16 UK cinemas, distribution arm and online streaming service — The British arthouse cinema chain Curzon …

Discussion: The Mirror, City A.M., Telegraph, London Evening Standard, The Independent, Variety, Deadline, Fortress Investment Group, Screen and The Hollywood Reporter