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:
TVNewsCheck, New York Post, Benzinga, Variety, The Wrap, Deadline, @dylanbyers, @alexweprin, Cord Cutters News 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
David Satin / The Streamable:
EchoStar reports a Q3 net loss of $142M on revenue of $3.89B, with Sling TV adding 145K customers but satellite service Dish losing 188K; SATS falls 12.9% — DISH continued to lose linear satellite subscribers, but the losses were fewer than the year-ago quarter.
Discussion:
The Desk, The Wrap, EchoStar Corporation, Tv Technology, The Hollywood Reporter, Cord Cutters News, Streaming Better and Benzinga
RELATED:
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:
Meta, Mashable, CNBC, @laz_radic, @laz_radic, @laz_radic, @nickclegg, @nickclegg@threads.net, Engadget, Hindustan Times, noyb, Associated Press, The Verge, @metanewsemea, Reuters, @kint.bsky.social, Axios, @lexzard, Irish Independent, @eric_seufert, @mikeryanretail, RTÉ, TechCrunch, Bloomberg 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:
Reuters, The Times, TechCrunch, Daily Sabah, Telegraph, The Guardian and Al Jazeera
Jaspreet Singh / Reuters:
Spotify reports Q3 revenue up 19% YoY to €3.99B, vs. €4.02B est., MAUs up 11% to 640M, and forecasts Q4 profit and MAUs above est.; SPOT jumps 8%+ after hours — Audio-streaming giant Spotify (SPOT.N) forecast fourth-quarter profit above Wall Street estimates on Tuesday …
Discussion:
Variety, Billboard, CNBC, Music Ally, Investing.com, Bloomberg, Spotify and Benzinga, 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:
Investing.com, Billboard, Tencent Music, Benzinga, Music Business Worldwide, Digital Music News, Music Business Worldwide and Variety
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 …
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.
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
Washington Post:
Olivia Nuzzi drops a request for a protective order against ex-fiancé Ryan Lizza, whom she accused of harassment following news of her relationship with RFK Jr. — After news broke of her relationship with Robert F. Kennedy Jr., Nuzzi accused ex-fiancé Lizza of harassment and blackmail, which he denied.
Discussion:
The Wrap, @jenhoward.bsky.social, @lachcartwright and @maxwelltani@threads.net
Adweek:
Google cracks down on affiliate SEO businesses run by third parties, leading to much lower search visibility for those businesses at Time, WSJ, CNN, and others — The steep drops in search visibility could mean the end to outsourcing affiliate operations — The search visibility of the Forbes …
Discussion:
Mark Stenberg on LinkedIn and @simondowens@threads.net
Haroon Siddique / The Guardian:
ECHR rules in favor of Daily Mail publisher ANL, which argued that forcing media orgs to pay success fees when they lose a case violates free speech rights — Associated Newspapers argued it was ‘excessive’ for such fees to be added to the costs of people who had sued it
Discussion:
Byline Times, @ChrisMayLA6@zirk.us and Press Gazette
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