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.
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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:
ZeroHedge News, New York Times, @carnage4life@mas.to, @annmlipton@esq.social and RedState, more at Techmeme »
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
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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:
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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:
Mediaite, Axios, @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
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:
TVNewsCheck, MEDIANAMA, 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:
YouTube Community, MEDIANAMA, 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, 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.
Discussion:
TVNewsCheck
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.
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, Cord Cutters News, Advanced Television, The Desk, StreamTV Insider, Deadline, The Streamable, Yahoo Finance, TVNewsCheck, Wall Street Journal and Benzinga
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