Top News:
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:
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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:
New York Times, @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.
Discussion:
Deadline, Bloomberg, MediaPost, Advanced Television, The Sun, Metro.co.uk, AV Club, The Verge, Digital Trends, @gibbs00.bsky.social, Lucas Shaw on LinkedIn, The Wrap, NewscastStudio, TVLine, @willmckinley@mstdn.social, @deadline, GoldDerby, Cord Cutters News, Bill Condon on LinkedIn, @jaketx78, @deadline, @tvgrimreaper, @jesse_t_white, @aagave, The Desk, The Hollywood Reporter, Engadget and Just Jared, more at Techmeme »
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.
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
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:
Ad Age
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:
Advanced Television, Reuters, StreamTV Insider, The Desk, CNBC, Deadline, The Streamable, Cord Cutters News, Yahoo Finance, TVNewsCheck, Wall Street Journal and Benzinga
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:
EchoStar Corporation, The Desk, Tv Technology, Streaming Better, The Wrap, Benzinga, The Hollywood Reporter and Cord Cutters News
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 …
Max Tani / Semafor:
Email: some of Al Jazeera's Gaza reporters say they will no longer broadcast until the network pays what they say are months of missing expense reimbursements — The Scoop — Some of Al Jazeera's correspondents covering the war in Gaza are protesting what they believe is months of mistreatment …
Discussion:
@maxwelltani
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