Mediagazer: Mario Gabelli, largest holder of nonvoting Paramount shares, asks the FCC to delay transferring broadcast licenses to Skydance until he decides whether to sue (Winston Cho/The Hollywood Reporter)

6:45 PM ET, November 12, 2024

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Bloomberg:
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Wall Street Journal:

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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.

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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 …

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Reuters:

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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 …

Winston Cho / The Hollywood Reporter:

Mario Gabelli, largest holder of nonvoting Paramount shares, asks the FCC to delay transferring broadcast licenses to Skydance until he decides whether to sue — The FCC filing follows legal maneuvering from Mario Gabelli, the largest holder of nonvoting shares, seeking access to Paramount's books.

Discussion: The Wrap, TVNewsCheck and Deadline

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 …

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