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:
The Streamable, Netflix, Associated Press, FX Empire, ETF Trends, International Business Times, Blockonomi, NewsMax.com, IG, City A.M., The Rio Times, Korea Joongang Daily, @chriskatje, @ayeshatariq, COINOTAG NEWS, @jessecoheninv, @johnkicklighter, @mr_derivatives, Finance Magnates, @gerberkawasaki, @garyblack00, BMI, @jonerlichman, Watcher Guru, @codyrhodes, NZ Herald, thesun.my, StreamTV Insider, Deadline, Screen, Channel NewsAsia, Dow Jones Newswires, Sharecafe, Bloomberg, Thurrott, Reuters, Wall Street Journal, WTOP News, Agence France-Presse, Shacknews, Cord Cutters News, Benzinga, Seeking Alpha, Financial Times, The Wrap, Variety, Yahoo Finance, Bloomberg, Reuters, Quartz, UPI 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, Realscreen and Tech Times, 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, Straight Arrow News, CNN, @sherman4949, TheDesk.net, Euronews, Variety, Warner Bros. Discovery, Inc., @nkulw, Forrester, @loudmouthjulia, The Information, Mumbrella, BMI, HotAir, @hertzbarry, @brianstelter, The Wrap, The Hollywood Reporter, Gizmodo, Front Office Sports, The Ankler, Status, Deadline, 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
RELATED:
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
Discussion:
TVNewsCheck, France 24, Deadline and Benzinga
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:
Blockonomi, The Guardian, Reuters, @pkafka, IndieWire, The Week, Yahoo Finance, The Wrap and GamesBeat
Jess Weatherbed / The Verge:
YouTube now lets mobile users set a customizable daily limit to restrict how long they can scroll Shorts feeds; the limit notifications are dismissible — Mobile users can automatically pause their Shorts feeds after watching for a set duration.
Discussion:
TechCrunch and Google Help Center
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
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
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
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, Al Jazeera, NPR, WinBuzzer 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 …
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.
