Mediagazer: President-elect Donald Trump announces he has chosen Fox News host and Army veteran Pete Hegseth to serve as his secretary of defense (Jack Forrest/CNN)

8:00 AM ET, November 13, 2024

Top News:

Dan Milmo / The Guardian:

The Guardian says it will no longer post on “any official Guardian editorial accounts” on “toxic media platform” X; reporters will still use X to gather news — Platform's coverage of US election crystallised longstanding concerns about its content, says Guardian

Jack Forrest / CNN:

President-elect Donald Trump announces he has chosen Fox News host and Army veteran Pete Hegseth to serve as his secretary of defense — President-elect Donald Trump announced Tuesday he has chosen Fox News host Pete Hegseth to serve as his secretary of defense.

Discussion: TVNewsCheck, Mediaite, Townhall, The Independent, The Mirror, Washington Examiner, @wdavisx3, New York Times, The Wrap, Raw Story, New York Times, Crooks and Liars, emptywheel, @aaron.rupar@threads.net, Breitbart, Breaking Defense, News18, @noahcrothman, Air & Space Forces Magazine, ZeroHedge News, @realjeremycarl, Defense News, WHEC.com, Aviation Week Network, Forbes, Roll Call, @yashar, The Times of Israel, The Korea Herald, Washington Post, UPI, @paulrieckhoff@threads.net, Los Angeles Times, Newsbusters, Wall Street Journal, Donald J. Trump on Truth Social, USA Today, @juddlegum.bsky.social, @joyce_white_vance@threads.net, @senwarren@threads.net, @mmfa.bsky.social, Variety, @mmfa.bsky.social, NPR, Lawyers, Guns & Money, TVLine, @dangillmor@mastodon.social, ABC News, Fox News, al.com, @Tengrain@mastodon.social, Bloomberg, Politico, @donmoyn.bsky.social, CBS News, @opinionhaver.bsky.social, Reuters, @donmoyn.bsky.social, The Hollywood Reporter, @donmoyn.bsky.social, Axios, The Hill, New York Post, @pbump.com, @chrislhayes.bsky.social, @bencollins.bsky.social, @chrislhayes.bsky.social, The Daily Caller, HuffPost, The Gateway Pundit, Instapundit, The National Pulse, Rolling Stone, CNBC, Daily Mail, NBC Bay Area, Deadline and IJR, more at Techmeme »

Financial Times:

Media executives say that some brands were preparing to advertise on X once again, as Elon Musk was likely to gain an influential Trump administration role — Some brands had abandoned the site over moderation concerns — Elon Musk's support for Donald Trump is set to boost X's flagging business …

Discussion: ZeroHedge News, New York Times, @carnage4life@mas.to, @annmlipton@esq.social and RedState, more at Techmeme »

Todd Spangler / Variety:

Amazon is shutting down Freevee, its free, ad-supported streaming service launched in 2019 under the IMDb brand, and plans to move the content to Prime Video — Amazon is officially shutting down Freevee, its free, ad-supported video streaming service originally launched under the IMDb brand nearly five years ago.

Diana Falzone / Mediaite:

Sources: Alina Habba, the lawyer who represented Trump in high-profile cases, is the front-runner to serve as press secretary in the incoming White House — Alina Habba, a lawyer who represented Donald Trump in a series of high-profile cases, has emerged as a front-runner to serve …

Discussion: @atrupar, @aidnmclaughlin, @GottaLaff@mastodon.social, New York Post, The Hill, The Independent and Daily Mail

K.J. Yossman / Variety:

The UK's Barb: Netflix grew its ad tier from 2.78M homes in Q2 to 3.8M homes in Q3 and Disney+ from 820K homes to 1.2M homes over the same period — It looks like the industry pivot back towards ads is paying off for streaming platformers, at least in the U.K.

Discussion: The Media Leader and Advanced Television

John Koblin / New York Times:

Antenna: in Q2, 51.4M people bought at least one niche streaming service subscription, up from 24.5M in Q2 2022, as users flock to Hallmark+, BritBox, and more — Executives from the Hallmark Channel made a curious decision this fall: They started a new streaming service.

Discussion: TVNewsCheck

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%+ — Audio-streaming giant Spotify (SPOT.N) forecast fourth-quarter profit above Wall Street estimates on Tuesday …

Discussion: MEDIANAMA, TVNewsCheck, Variety, @richlightshed, @richlightshed, Music Business Worldwide, @richlightshed, @eldsjal, The Information, CNBC, Billboard, Music Ally, Investing.com, Spotify, Bloomberg and Deadline

Emma Roth / The Verge:

YouTube is testing a new feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts through prompts — YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts.

Discussion: MEDIANAMA, YouTube Community, TechCrunch and Tubefilter, more at Techmeme »

Kyle Wiggers / TechCrunch:

Perplexity says it will begin experimenting with ads on its platform in the US starting this week; ads will be formatted as “sponsored follow-up questions” — AI-powered search engine Perplexity says it'll begin experimenting with ads on its platform starting this week.

Discussion: Perplexity Blog and Ad Age

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: Poynter, Columbia Journalism Review, @lachcartwright, Page Six, New York Post, Business Insider, New York Times, The Wrap, @jenhoward.bsky.social and @maxwelltani@threads.net

Bloomberg:

DirecTV plans to terminate its planned acquisition of Dish by midnight on November 22, 2024, if bondholders don't agree to a debt exchange — - Warning follows rejection by Dish bondholders of improved bid … “A successful exchange was a condition for acquiring the Dish video business …

Discussion: Reuters, CNBC, Advanced Television, Cord Cutters News, The Desk, StreamTV Insider, Deadline, The Streamable, Yahoo Finance, TVNewsCheck, Wall Street Journal and Benzinga

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Nilay Patel / The Verge:
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Haroon Siddique / The Guardian:
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Earlier Picks:

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

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

Discussion: The Information, @wendysiegelman@mastodon … and ZeroHedge 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

Discussion: Rafael Brown on LinkedIn, @mediaevan, @alexweprin, @dylanbyers, Benzinga, New York Post, Deadline, Variety, The Wrap, TVNewsCheck and Cord Cutters News

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

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

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From Techmeme:

Bloomberg:
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Ramish Zafar / Wccftech:
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 employees at 2023's end

Bloomberg:
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January

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