Top News:
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:
Cord Cutters News, @mediaevan, @alexweprin and @dylanbyers
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:
TVNewsCheck, @chaykak, @bristei, @scottnover, @hblodget, @benmullin and @nichcarlson
Lucia Moses / Business Insider:
The New York Times says the Tech Guild is ending its strike after a weeklong work stoppage; during the strike, dozens of tech workers crossed the picket line — New York Times tech workers are ending their strike after a weeklong stoppage, Business Insider first reported.
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 …
Discussion:
USA Today, CNN, @charliekirk11, @collinrugg, ZeroHedge News, RedState, Newser, @brianstelter, New York Times, Barrett Media, Poynter, IJR, Page Six, New York Post, al.com, Raw Story, @ameshiacross, HuffPost, Mediaite, @brianstelter, Axios, The Hill, TVLine, Status, The Wrap, Deadline, Variety, Fox News, TVNewsCheck, Twitchy, The Gateway Pundit, Just Jared and The Hollywood Reporter
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
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, noyb, Reuters, The Verge, Bloomberg, Associated Press, RTÉ, @eric_seufert, @metanewsemea, WinBuzzer, Axios, Irish Independent and Meta, more at Techmeme »
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, Variety, Music Business Worldwide, Investing.com and Tencent Music
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:
Deadline, About Netflix, Bloomberg, The Wrap, Reuters, The Information, Los Angeles Times, The Hollywood Reporter, CNBC and Yahoo Finance, more at Techmeme »
Tom Tapp / Deadline:
The Tennis Channel indefinitely suspends analyst Jon Wertheim for “inappropriate” comments he made on air about Wimbledon champ Barbora Krejčíková's appearance — Longtime tennis analyst, Tennis Channel commentator and 60 Minutes contributor Jon Wertheim …
Discussion:
Tennis.com, @bkrejcikova, @jon_wertheim, @pavyg, @bkrejcikova, Sports Business Journal, The Daily Beast, CNN, NBC News, @prickleandgoo, Forbes, @bkrejcikova, Associated Press, BBC, @pavyg, Awful Announcing, Us Weekly, Newser, Awful Announcing, HuffPost, Front Office Sports, OutKick, The Guardian, Awful Announcing, New York Post, Barrett Media, GB News and Fox News
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 …
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 Streamable, Wall Street Journal, TVNewsCheck, Cord Cutters News, The Desk, CBS News and Benzinga