Top News:
Alex Weprin / The Hollywood Reporter:
CEOs at Nexstar, Sinclair, and Tegna, plus some analysts, say they expect deregulation and consolidation in the broadcast TV industry under Trump's FCC — Flush with political ad dollars and anticipating a deal-friendly environment, moguls are eyeing big moves to roll up lucrative local broadcasters.
Discussion:
@mediaevan and @WarnerCrocker@mastodon.social
Anne Steele / Wall Street Journal:
Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January, to let Premium subscribers view podcast videos without ads — Audio-streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads
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Sara Fischer / Axios:
Spotify projects its first full year of profitability ever in 2024; CEO Daniel Ek says profitability is the new normal for Spotify — - “We believe we are in a new reality where we are a profitable company. … - CFO Christian Luiga said, “We see positive cash flow going forward and growing.”
Discussion:
Digiday, The Hollywood Reporter, @sarafischer, Investor's Business Daily, CMU, Digital Music News, MEDIANAMA, Fortune and Music Ally
Todd Spangler / Variety:
Don Lemon, who sued Elon Musk and X after a deal fell apart, says he's leaving X on November 15, citing X's new ToS that moves legal disputes to Texas courts — Don Lemon, a one-time business partner of Elon Musk who's now suing the tech mogul, is done with X.
Murray Stassen / Music Business Worldwide:
German royalty licensing group GEMA sues OpenAI and subsidiary OpenAI Ireland in Munich Regional Court, claiming ChatGPT violates copyrights of lyrics — OpenAI, the $157 billion-valued US-based AI giant behind ChatGPT, has been sued by German collection society and licensing body GEMA.
Discussion:
gema.de, Digital Music News, Jeff Rabhan on LinkedIn, The Decoder, CMU, @konkrit@mastodon.social, Billboard and Music Ally
Lillian Rizzo / CNBC:
Amazon Prime Video will offer Diamond Sports Group's 16 regional sports networks, newly branded as FanDuel Sports Network, as add-on subscriptions — Diamond Sports reached a deal with Amazon's Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform.
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
Discussion:
The Guardian, The Guardian, The Irish Times, Engadget, @maxwelltani, Donald Kau on LinkedIn, Bruce McCoy on LinkedIn, Townhall, Milica Pesic on LinkedIn, Forbes, Alex Smith on LinkedIn, @lindayax, @eloquence@social.coop, @nocontextbrits, @elonmusk, @RHW@mastodon.au, @rafat, @eurabist, @rmcgreevy1301, @scottaawilson, @nitashakaul, @sarafischer, @iandunt, @willguyatt, Wainer Lusoli on LinkedIn, Dan Papworth-Smyth on LinkedIn, GB News, CBS News, @cdarwin@c.im, James Harvey on LinkedIn, @jsamwrites@mastodon.social, George Niles Mekeel RN on LinkedIn, Nieman Lab, @fergusryan@aus.social, @michael@newsmast.social, @harrymccracken@mastodon …, Carlos Diaz Ruiz on LinkedIn, HotAir, Breitbart, Shannon Dunn on LinkedIn, Alix Bryan-Campos on LinkedIn, @dvsk@mastodon.nz, ZeroHedge News, Press Gazette, @ronaldtootall@tech.lgbt, The Hill, The Daily Caller, Thomas Johnson on LinkedIn, Reuters, Twitchy, London Evening Standard, David Ward on LinkedIn, Al Jazeera, The Wrap, Mediaite, Rob O'Hanrahan on LinkedIn, @ianRobinson@mastodon.social, Lucas Amaral Lauriano on LinkedIn, BBC, Variety, Telegraph, @worldguru.bsky.social, The Hollywood Reporter, Gordon MacMillan on LinkedIn, The National Pulse, @earleyedition@aus.social, @viridis@achrilock.social, @jeffjarvis@mastodon.social, @renatolond@masto.donte.com.br, @brett@bne.social, Deadline, Just Jared, @jimwaterson.bsky.social, Politico, Daily Sabah, Balloon Juice and Semafor
Alex Kantrowitz / Big Technology:
Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more — Spotify's Gustav Söderström talks about AI music, Notebook LM podcasts, and the nuance of building better discovery using LLMs.
Gene Maddaus / Variety:
The Louisiana House of Representatives voted to end the state's $150M film and TV production tax incentive; the bill still needs the Senate and governor's OK — The Louisiana House of Representatives voted Tuesday to eliminate the state's $150 million tax incentive for film and TV production …
Discussion:
Variety, @realmaryagnes.bsky.social, @iwtv_updates, IndieWire, The Wrap, Louisiana Illuminator, Associated Press and Deadline
The Information:
Sources: Instagram's ad unit plans to launch ads on Threads in early 2025; Meta's public statements imply any ad rollout for Threads next year will be slow — Meta Platforms plans to introduce advertisements to its text app, Threads, early next year, hoping to cash in on the app's rapid growth …
Discussion:
The Verge, AdExchanger, The Wrap, Engadget, 9to5Mac, Reuters and @itsdgc.bsky.social, more at Techmeme »
Paul Beckett / Columbia Journalism Review:
The WSJ's Washington bureau chief during Evan Gershkovich's arrest in Russia discusses the newspaper's “be loud” strategy that helped free the reporter — What newsrooms need to know, from an insider who helped lead the effort. — Midway through dinner on March 29, 2023 …
Discussion:
@mccarrennews, @thrasherxy, @paulwsj, @bryfitz, Jason Rezaian on LinkedIn and Talking Biz News
CNN:
Patrick Soon-Shiong says Harris' Gaza stance contributed to non-endorsement, and plans to “balance” LA Times' opinion page with conservative and centrist voices — New York CNN — — In the month since Los Angeles Times owner Dr. Patrick Soon-Shiong announced the newspaper …
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