Top News:
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 17% YoY to $11.51B, matching est., and an operating margin below est. due to Brazilian tax dispute expense; NFLX drops 6%+ — - Shares of Netflix fell after the company posted a third-quarter earnings miss. … Shares of Netflix fell around 7% in extended trading Tuesday …
Discussion:
Netflix, Associated Press, International Business Times, Blockonomi, NewsMax.com, IG, City A.M., The Rio Times, Korea Joongang Daily, @chriskatje, @ayeshatariq, NZ Herald, COINOTAG NEWS, @jessecoheninv, @johnkicklighter, @mr_derivatives, Finance Magnates, @gerberkawasaki, @garyblack00, BMI, @jonerlichman, Watcher Guru, @codyrhodes, thesun.my, StreamTV Insider, Screen, Deadline, Channel NewsAsia, Dow Jones Newswires, Sharecafe, FX Empire, Thurrott, Reuters, Wall Street Journal, WTOP News, Agence France-Presse, Bloomberg, Shacknews, Cord Cutters News, Benzinga, Seeking Alpha, Financial Times, The Wrap, Variety, Yahoo Finance, Bloomberg, Reuters, UPI, Quartz and Barron's Online, more at Techmeme »
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Alex Weprin / The Hollywood Reporter:
Netflix co-CEO Greg Peters says the company is “now on track to more than double ad revenue this year” and is currently using AI to test new ad formats — The streaming giant reported its Q3 earnings Tuesday.
Discussion:
Reuters, nScreenMedia, Gizmodo, TechCrunch, CNBC, Malay Mail, israelhayom.com, BGR, Benzinga, AdExchanger, Sports Business Journal, Adweek, TVNewsCheck, Yahoo Finance, Deadline, TheDesk.net, Blockonomi, Tech Times and Realscreen, more at Techmeme »
CNBC:
WBD says it is open to a sale after getting “unsolicited interest” from multiple parties; sources say the parties include Netflix and Comcast; WBD closed up 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, Wall Street Journal, CNN, Euronews, @sherman4949, TheDesk.net, Variety, Warner Bros. Discovery, Inc., @nkulw, Forrester, @loudmouthjulia, The Information, Mumbrella, HotAir, BMI, @hertzbarry, @brianstelter, The Wrap, The Hollywood Reporter, Gizmodo, Front Office Sports, The Ankler, Deadline, Status, Sports Business Journal, WPRI.com, New York Sun, Awful Announcing, @matpiscatella.bsky.social, Glenn Moss on LinkedIn, Semafor, Fast Company, The Movie Blog, Bloomberg, Yahoo Finance, TV Tech, Mediaite, GameSpot, Fortune, Proactive, @kevdgrussing.bsky.social, Tech4Gamers, @dtgeek@mastodon.social, Adweek, UPI, The Verge, Axios, New York Post, Sherwood News, Barron's Online, Financial Times, Business Insider, The Information, New York Times, Deadline, The Wrap, Chicago Tribune, NBC News, CBS News and Forbes
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Charles Gasparino / New York Post:
Sources: WBD has rejected a $24-per-share takeover bid from Paramount Skydance, and people inside WBD expect a fourth bid from David Ellison imminently — Paramount Skydance boss David Ellison has bid $24 a share for Warner Bros. Discovery - a mega-deal worth $57 billion that was nevertheless rejected …
Discussion:
TVNewsCheck, France 24, Deadline and Benzinga
Alex Weprin / The Hollywood Reporter:
Fox plans to broadcast 69 live matches from the 2026 FIFA World Cup on the Fox broadcast network, up from 34 matches in 2022; the remaining 35 will run on FS1 — The Fox broadcast network will air 69 matches, compared to 34 in 2022, with the remaining 35 running on FS1. — Fox is doubling down on the FIFA World Cup.
Discussion:
Awful Announcing, The Athletic, Sports Business Journal, @bsdtectr.bsky.social and WTOP News
Joe Flint / Wall Street Journal:
Source: Charter is laying off 1,200 employees, or just over 1% of its 95,000-person workforce, primarily in corporate and back-office functions — Cuts in corporate and back-office roles total more than 1% of workforce — Cable and broadband giant Charter Communications is laying off 1,200 employees …
Discussion:
Cord Cutters News, Reuters and TheDesk.net
Jake Kanter / Deadline:
UK filings: Paramount and Comcast invested $1B+ into European streamer SkyShowtime since 2022; SkyShowtime had a €543.7M operating loss in 2024, down 3% YoY — SkyShowtime recently celebrated its third anniversary following its initial launch in 20 markets, including Spain and Poland, in September 2022.
Discussion:
TVNewsCheck
Adam Leventhal / The Athletic:
UEFA joins the MPA-led anti-piracy coalition Alliance for Creativity and Entertainment, the first sports governing body to join the group, which has 50+ members — UEFA has become the first sports governing body to join the world's largest anti-piracy coalition, the Alliance for Creativity and Entertainment (ACE).
Discussion:
Advanced Television, Sports Business Journal, TVBEurope, TheDesk.net, Broadband TV News and Deadline
Joe Flint / Wall Street Journal:
A look at the economics of NBCU's NBA deal; sources say losses are projected at $500M to $1.4B per year at first and NBCU has averaged ~$130K per 30-second ad — Some senior NBCUniversal entertainment executives and Wall Street analysts have questioned the price and all that has to go right for the deal to be a success
Discussion:
Awful Announcing, Sports Business Journal, The Hollywood Reporter and TVNewsCheck
Olivia Le Poidevin / Reuters:
EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems — - Research finds AI assistants make errors reporting news — Public trust could be eroded, EBU official says
Discussion:
Advanced Television, Implicator.ai, Forbes, WinBuzzer, Al Jazeera, NPR and Deutsche Welle, more at Techmeme »
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 …
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: The streaming platform is hiking prices, marking its third price increases in three years.
Discussion:
Deadline, Yahoo Entertainment, Android Central, Cele|bitchy, O'Grady's PowerPage, CNBC, Trusted Reviews, @nextbestpicture, FOX 35 Orlando, FlatpanelsHD, Forbes, The A.V. Club, iDrop News, Android Headlines, WUSA, MacRumors, @addyct.bsky.social, @lschmeiser.bsky.social, Oh No They Didn't!, The Hollywood Reporter, Reuters, Pocket-lint, Plain Dealer, Gizmodo, Ars Technica, MakeUseOf, /Film, Android Police, The Hill, TechCrunch, TheDesk.net, @shinobi602.bsky.social, New Jersey Online, Streaming Better, Mashable, Tom's Guide, Mercury News, PCWorld, How-To Geek, The Verge, 9to5Google, Engadget, @emeraldappul.bsky.social, CNET, Screen Rant, The Streamable, IGN, TVNewsCheck, The Wrap, Droid Life, Cord Cutters News, TechRadar, WPXI-TV and Sherwood News
