Top News:
Ashley Carman / Bloomberg:
Spotify reports Q3 revenue up 12% YoY to €4.3B, above €4.23B est., subscribers up 12% YoY to 281M, MAUs up 11% YoY to 713M, and a €582M operating income — Spotify Technology SA reported active users and sales in the third quarter that surpassed analysts' expectations even as ad-supported revenue fell.
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Jake Evans / ABC:
Australia plans to introduce legislation this week requiring streamers with 1M+ Australian subscribers to spend 10%+ of their local expenditure on local content — In short: — Streaming platforms such as Netflix, Disney+ and Amazon Prime will be required to spend a share of their local revenue on making Australian programs.
Sam Tobin / Reuters:
The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope” — Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
Discussion:
Plagiarism Today, Social Media Today, Engadget, Tech Xplore, Benzinga, Associated Press, Paul Melcher on LinkedIn, San Diego Union-Tribune, @technollama, @ednewtonrex, Hackread, @judiciaryuk, @adameisgrau, The Guardian, @technollama, @technollama, PetaPixel, City A.M., @dorialexander, BonTech Labs, @neermcd, @emostaque, WinBuzzer, Press Gazette, MLex, Sherwood News, Getty Images Press Site and Courts and Tribunals Judiciary, more at Techmeme »
Xander Elliards / The National:
Jimmy Wales says Wikipedia's “Gaza genocide” page fails to meet its neutrality standards; the article is listed as “protected” until 21:47 UTC on November 4 — WIKIPEDIA founder Jimmy Wales has intervened over the platform's article on Gaza genocide.
Caitlin Huston / The Hollywood Reporter:
Sources: Netflix has sent out dozens of requests to agents at WME, UTA, and CAA for video podcast creators, and plans to launch video podcasts in early 2026 — The streamer has sent out dozens of requests to agents at WME, UTA and CAA for video podcast creators.
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Ashley Carman / Bloomberg:
Sources: Netflix is in talks to license video podcasts from iHeartMedia and is seeking exclusivity, meaning full episodes would no longer be uploaded to YouTube
Discussion:
TechCrunch, Reuters, TipRanks Financial, Proactive, Dow Jones Newswires, Podnews, The Streamable, TVNewsCheck, @tvgrimreaper, The Wrap, Media Play News, FuTu News and Barrett Media
Peter White / Deadline:
Fox acquires five-year-old rom-com podcast company Meet Cute, the latest in a series of audio acquisitions; Meet Cute has produced over 300 shows — Fox is in a listening phase as the company continues to acquire companies in the audio space. — Fox Entertainment has acquired rom-com …
Discussion:
The Wrap, Variety and The Hollywood Reporter
Emma Roth / The Verge:
OpenAI launches its Sora app on Android, including in the US, Canada, and Japan; the app got 1M+ downloads in the five days after its September iOS launch — Now, more people can create and share AI-generated videos on the app's social feed. … OpenAI has brought its AI video app, Sora, to Android.
Discussion:
TechCrunch, CNBC, 9to5Google, Engadget, Droid Life, nextpit, BGR and CNET, more at Techmeme »
Katie Robertson / New York Times:
Gannett is renaming itself USA Today Co., after its flagship paper, effective November 18 and switching to trading under the ticker symbol TDAY on the NYSE — The company, which publishes more than 200 local newspapers across 42 states, is adopting the name of its flagship publication.
Discussion:
TVNewsCheck, TheDesk.net, Adweek, Axios and Business Wire
Jennifer Maas / Variety:
AI companion tech company Genies launches a tool for celebrities and their agents to develop “expressive AI identities” that can interact with fans — AI companion tech company Genies has launched a new creation tools product that will enable celebrities and their talent management organizations …
James Shotter / Financial Times:
Israeli lawmakers advance legislation to give the government more control over Israel's TV and radio groups; the bill must pass two more votes in parliament — Proposal would enable wide-ranging powers over TV and radio groups — Israeli lawmakers have advanced controversial legislation …
Discussion:
Advanced Television, Jerusalem Post, The Times of Israel, Anadolu Ajansı … and The Times of Israel
Sophie Culpepper / Nieman Lab:
The Philadelphia Citizen, a decade-old nonprofit dedicated to solutions journalism, acquires Philadelphia Magazine, another instance of nonprofit consolidation — The Philadelphia Citizen, the decade-old nonprofit dedicated to solutions journalism and civic engagement, has acquired Philadelphia Magazine.
Katie Deighton / Wall Street Journal:
Coca-Cola releases new AI-generated ads for the 2025 holidays, after finding people didn't know or care about the use of AI, despite criticism for its 2024 ads — ‘Holidays Are Coming’ faster and cheaper for the soda giant, which caught heat last year for its AI-generated ads
Discussion:
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Katie Kilkenny / The Hollywood Reporter:
Condé United and The NewsGuild “strongly condemn” Teen Vogue's consolidation, saying it will throttle staff diversity and blunt its progressive political bent — The union, which reps staffers, says the move was “clearly designed” to blunt the journalism of the brand, which has leaned in to progressive politics.
Discussion:
The Wrap, @condeunion, @kottke.org, @condeunion, @samaakhullar, @maya_verses, @moetkacik, @miaajacobs, @maya_verses, @emdrums, @leximcmenamin, @amandascott2023.bsky.social, @andytseng.bsky.social, @kitoconnell.com, @katstafford.bsky.social, @tellnolies.bsky.social, @anjalienjeti.bsky.social, @newsguy.bsky.social, @sizeriot.com and r/Journalism
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Vogue:
Teen Vogue is joining Vogue.com but will keep its own identity; Vogue Head of Editorial Content Chloe Malle will lead Teen Vogue, as EIC Versha Sharma leaves
Discussion:
The Cut, Status, New York Times, Fashionista, Talking Points Memo, Blaze Media, @mmitchell_ai, @mlcalderone, Page Six, @chrisburkeshay, MediaPost, twitchy.com, Deadline, Lenora Houseworth on LinkedIn, Instapundit, @vivllainous@threads.com, @rainesford_stauffer …, @ben@werd.social, @tandigi.bsky.social, @dangillmor.bsky.social, @patri.xyz, @casamuels.bsky.social, @chrisgeidner.bsky.social, @amykristinsanders.bsky.social, @slipperypetesmilk.bsky.social, The Wrap, @zeblarson@hcommons.social, @amandalitman.bsky.social, @caidid.bsky.social, @tiffanyleigh.bsky.social, @breakify.bsky.social, @joshsternberg.com, @esqueer.net, @parkermolloy.com, @clarajeffery.bsky.social, @asherelbein.bsky.social, @greene.haus, Baller Alert, @kimkelly.bsky.social, @zeyiyang.bsky.social, @sal.gay, Oh No They Didn't! and The Business of Fashion
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