Top News:
CNBC:
WBD says it is open to a sale after receiving “unsolicited interest” from multiple parties; sources say the parties include Netflix and Comcast; WBD jumps 11%+ — Warner Bros. Discovery said Tuesday it's expanding its strategic review of the business and is open to a sale …
Discussion:
The Hollywood Reporter, CNN, The Ankler, Wall Street Journal, Awful Announcing, TV Tech, TheDesk.net, Deadline, Mediaite, Sports Business Journal, WPRI.com, @sherman4949, New York Sun, Variety, Adweek, Fast Company, Semafor, Yahoo Finance, Fortune, Proactive, UPI, Chicago Tribune, Washington Post, The Wrap, @hertzbarry, Sherwood News, New York Post, GameSpot, @nkulw, Business Insider, Glenn Moss on LinkedIn, Front Office Sports, @dtgeek@mastodon.social, Deadline, Financial Times, The Information, Tech4Gamers, Bloomberg, @brianstelter, @matpiscatella.bsky.social, The Wrap, The Movie Blog, The Verge, NBC News, Warner Bros. Discovery, Inc., New York Times, Axios, Barron's Online, @kevdgrussing.bsky.social, CBS News and Forbes
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Peter Kafka / Business Insider:
WBD's “unsolicited interest” statement indicates that it is willing to sell its valuable studio and streaming business instead of splitting itself into two
WBD's “unsolicited interest” statement indicates that it is willing to sell its valuable studio and streaming business instead of splitting itself into two
Discussion:
IndieWire, New York Post, The Guardian, @pkafka, Reuters, Broadband TV News, The Week and Yahoo Finance
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 17% YoY to $11.51B, matching est., operating margin below est. due to Brazilian tax dispute expense; NFLX drops 5%+ after hours — Shares of Netflix fell as much as 7% after the company posted a third-quarter earnings miss after the closing bell Tuesday.
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Alex Weprin / The Hollywood Reporter:
Netflix says it is on track to more than double its advertising revenue in 2025 and is currently using AI to test new ad formats — The streaming giant reported its Q3 earnings Tuesday.
Todd Spangler / Variety:
HBO Max raises prices across all plans: Basic With Ads increases by $1/month to $10.99, Standard by $1.50/month to $18.49, and Premium by $2/month to $22.99 — It's going to cost you more to watch HBO Max, after the streaming platform raised its prices just a year after its last hikes.
Discussion:
Deadline, /Film, The Hill, The Hollywood Reporter, @addyct.bsky.social, @lschmeiser.bsky.social, WeRSM, Gizmodo, PCMag, Tom's Guide, PCWorld, IGN, Cord Cutters News, Android Police, 9to5Mac, Decider, Streaming Better, Mashable, How-To Geek, The Streamable, Screen Rant, Engadget, TechCrunch, The Wrap, MakeUseOf, @emeraldappul.bsky.social, Pocket-lint, The Verge, CNET, Ars Technica, @shinobi602.bsky.social, Mercury News, Kotaku, Droid Life, TechRadar, WPXI-TV, MacDailyNews, Plain Dealer, Media Play News and Sherwood News, more at Techmeme »
Ethan Shanfeld / Variety:
Channel 4 reveals that the anchor who narrates and appears throughout a special titled “Will AI Take My Job?” was AI-generated, a first for British television — A news special on Britain's Channel 4 titled “Will AI Take My Job?” investigated how automation is reshaping the workplace and pitting humans against machines.
Nick Vivarelli / Variety:
ProSiebenSat.1 appoints MFE-MediaForEurope CFO Marco Giordani as its new CEO, succeeding Bert Habets, as MFE integrates the German TV group into its business — Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed — new CEO of Germany's ProSiebenSat.1 …
Discussion:
Broadband TV News, ProSiebenSat.1 Media SE, Deadline, C21Media, Advanced Television, Reuters, Broadcast and The Hollywood Reporter
Tony Maglio / The Hollywood Reporter:
Study: a “drip” season release strategy leads to a 48% greater short-term retention of subscriptions vs. binge drops — “Drip” releases have the serious drip. — Maybe don't copycat Netflix so much, other streamers. — These days, 89 percent of U.S. households subscribe …
Discussion:
The Streamable
Alex Weprin / The Hollywood Reporter:
Sports-centric media company Meadowlark Media names COO Bimal Kapadia as its new CEO, succeeding co-founder John Skipper, who announced his exit in May — Kapadia succeeds John Skipper, who exited the company earlier this year. — Meadowlark Media has found its next CEO …
Discussion:
Awful Announcing, Inside Radio, Barrett Media and Sports Business Journal
Washington Post:
Interviews with two dozen people show how Israeli soldiers targeted a Gaza hospital stairwell in August that its military knew was a hub for news organizations — With a ceasefire now in place, rights groups and press freedom advocates say they plan to redouble their calls for accountability.
Zach Metzger / Local News Initiative:
State of Local News Report: 40% of local US papers have vanished since 2005, 213 counties have no local outlets, and 200+ papers changed owners in the past year — The 2025 Report — EXECUTIVE SUMMARY — Our first State of Local News report, published in 2016, examined …
Discussion:
Media Nation, @frankcatalano.bsky.social, Axios, TVNewsCheck and Fortune
Caitlin Huston / The Hollywood Reporter:
Tubi joins Roku in striking partnerships with top creators like MrBeast and Jomboy Media to repackage their content on FAST channels — Tubi and Roku are increasingly picking up creators' already shot videos to repackage them on FAST channels. — Creators are taking over yet another screen.
Discussion:
TVNewsCheck
Sara Fischer / Axios:
The NYT announces the addition of a TikTok-like Watch tab to its app, featuring a mix of short-form, scrollable, vertical news videos, available October 22 — The New York Times on Tuesday said it will add a stand-alone destination within its main app that includes a curated mix of short-form …
Rose Henderson / Bloomberg:
OnlyFans CEO Keily Blair says the platform has paid out $25B to creators since its founding in 2016; OnlyFans takes a 20% fee on subscriptions and content sales — OnlyFans Chief Executive Officer Keily Blair said that the company has paid out $25 billion to creators since it was founded in 2016.
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