Mediagazer: Fortress Investment Group acquires Curzon, a UK arthouse film company with 16 cinemas across the UK, a distribution arm, and a streaming service (Mark Sweney/The Guardian)

10:45 AM ET, November 12, 2024

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Benjamin Mullin / New York Times:

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Hugh Dougherty / The Daily Beast:

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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, 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:

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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 …

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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.

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Tom Tapp / Deadline:

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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 …

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Brian Stelter / CNN:

Fox News contributor Tom Homan leaves the network to become Trump's “border czar”, showing how Trump is poised to re-make the “Fox News White House” — New York CNN — — When Tom Homan left the US Immigration and Customs Enforcement agency in 2018 …

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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

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

Sara Fischer / Axios:
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An interview with The Sun's former royal editor Duncan Larcombe on Fleet Street “dark arts”, Sun's toxic newsroom, Prince Harry's “deluded” lawsuit, and more

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An interview with Newsweek SVP of Audience Development Josh Awtry on how Google referrals helped Newsweek become the world's fastest-growing English news site

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Oliver Darcy / Status:
Q&A with The New Yorker editor David Remnick about low morale in media after Trump's victory, MAGA Media's role in poisoning the public discourse, and more

Discussion: The Hill and Mediaite

Todd Spangler / Variety:
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Maria Heeter / Financial Times:
IAC says it is weighing spinning off its 85% stake in Angi and is open to selling other assets as the media group slims down

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Alexandra Bruell / Wall Street Journal:
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Raquel ‘Rocky’ Harris / The Wrap:
Slate says its daily subscription sign-up rate was 7x a normal day on November 6, the day after the 2024 Election, and 4x a normal day on election day itself

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Charlotte Tobitt / Press Gazette:
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Zack Whittaker / TechCrunch:
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