Top News:
Tony Maglio / The Hollywood Reporter:
ESPN announces DraftKings as the new sports betting partner for ESPN Bet, effective December 1 with a “full rollout expected in 2026” — That was a short-lived exit. — Remember when ESPN was exiting the online sports-betting business an hour ago? Not anymore.
Discussion:
ESPN Press Room U.S., Los Angeles Times, Front Office Sports, Adweek, TV Tech, Business Insider, Awful Announcing, Dallas Morning News, iDrop News, The US Sun, The Wrap, Lisa Scherzer on LinkedIn, PennLive, Dow Jones Newswires, ESPN, Barrett Media, The Athletic, Sportico, Axios, Investor's Business Daily, New York Post, Variety, Deadline, Sports Video Group, Sports Business Journal, Sports Media Watch, Fox Business, The Verge, al.com and CityNews Halifax
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Jeff Horwitz / Reuters:
Docs: Meta projected in December 2024 that 10.1% of its 2024 revenue, or $16B, came from ads for scams and banned goods, including ~$7B from “higher risk” ads — Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, documents seen by Reuters show.
Discussion:
@briankrebs@infosec.exchange, BonTech Labs, Forbes, @rtushnet.bsky.social, Ukrainian National News, Mashable, The Information, @whotargets.me, @jonkeegan.com, @joshsternberg.com, Sherwood News, @shiraovide.bsky.social, @karlbode.com, @mxbernhard.bsky.social, @mattbrown.bsky.social, @chopaganda.bsky.social, Sherwood News, @jeffhorwitz.bsky.social, @petertl.bsky.social and Morningstar, more at Techmeme »
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Craig Silverman / Wired:
A look at CollectiveMetrics.org, a new nonprofit founded by two ex-Meta ad executives that aims to bring more transparency to digital advertising to fight scams — Rob Leathern and Rob Goldman, who both worked at Meta, are launching a new nonprofit that aims to bring transparency to an increasingly opaque …
Discussion:
@wired.com and The Keyword
Max Tani / Semafor:
Sources: Condé Nast fired four staffers who were among a group of over a dozen that confronted its HR head over the Teen Vogue closure and other recent cuts — The Scoop — Condé Nast abruptly fired four staffers who were among a group of more than a dozen employees …
Discussion:
The Wrap, @maxwelltani, @dinfontay.com, @thefrontlist.org, @nataliekorach, @nataliekorach, @maxwelltani, @jakelahut, @coreyatad.com and The Daily Caller
Matthew Keys / TheDesk.net:
A survey of 3,000 people in six countries: streaming viewers average 14 minutes looking for content to watch; 45% say the market is oversaturated with streamers — Streamers value the flexibility and choice that platforms like Netflix, Prime Video and Disney Plus offer them in the breadth …
Discussion:
Gracenote, The Verge, MediaBrief, nScreenMedia, Dexerto, TV Tech, Advanced Television and MediaPost
Sky News:
Investigation: X amplifies right-wing and extreme political content in the UK, as Elon Musk endorses fringe politicians and encourages nationalist sentiment — For nine months, Sky News' Data and Forensics team has been investigating whether X's algorithm amplifies right-wing and extreme content.
Discussion:
WinBuzzer, Jörg Tittel on LinkedIn, @labourlewis, @streettough, @jonathancohn.bsky.social, @supertanskiii, @ottoenglish.bsky.social, @peterstefanovi2, @Natasha_Jay@tech.lgbt, @allrightidiots, @pickardje.bsky.social, @pre@boing.world, @badassmutha.bsky.social, @caroleducky.bsky.social, @mrjamesob.bsky.social, @altrocks.bsky.social, @ianbetteridge.com, @jonburkeuk, @chrislawsnp, @greenpeteru, @skynews, @drjennings.bsky.social, @alonso_gd, @stevemnomoremister …, @johnnyryan@eupolicy.social, @bournemouth4eu.bsky.social, @narindertweets, @lorak.bsky.social, @doctoryak.bsky.social, @iandunt.bsky.social and @felicityhannah.bsky.social, more at Techmeme »
Richard Rushfield / The Ankler:
Analysis: in 2025, only 17% of North America's top 100 highest-grossing films were directed by non-white filmmakers, down from 27% in 2021 and 24% in 2023 — Last week, I had the whim to take a look and see where things stood for female directors in Hollywood.
Discussion:
Elle, Variety, People, The A.V. Club, Daily Mail and Screen Rant
Erik Torenberg / a16z:
a16z announces an eight-week new media fellowship for people with a record of creating “impactful content” via newsletters, podcasts, communities, and more — The a16z New Media Fellowship is an 8-week program and community for operators, creators, and storytellers shaping the future of media.
Discussion:
@amyalexca.bsky.social, @carlivelocci.com, @eriktorenberg and @eriktorenberg, more at Techmeme »
Todd Spangler / Variety:
Amazon signs a deal that gives its DSP access to iHeartMedia's streaming music and livestream radio now and to its podcasts and broadcast radio stations in 2026 — Amazon is letting advertisers get their audio spots in front of more ears through an expanded pact with iHeartMedia for programmatic ads.
Daniel Thomas / Financial Times:
Sources: RedBird Capital taps Apollo to provide the debt for its £500M Telegraph takeover, ahead of a UK decision over whether to refer the deal to Ofcom — US buyer secures funding ahead of government decision on referring takeover to regulators — RedBird Capital Partners has lined …
Etan Vlessing / The Hollywood Reporter:
Nexstar reports Q3 revenue down 12.3% YoY to $1.19B and net income down 64% to $65M as ad revenue fell 23.5% to $476M due to lower political ad revenue — The latest financial results follow Nexstar unveiling a deal with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the U.S. broadcast sector.
Discussion:
The Wrap, Radio & Television …, TheDesk.net, Deadline, Variety, TVNewsCheck, Barrett Media and Nexstar Media Group, Inc.
Alex Weprin / The Hollywood Reporter:
WBD reports Q3 revenue down 6% YoY to $9B, a $148M net loss, $1.2B in debt repayment, streaming subscribers up 16% YoY to 128M, and $2.63B in streaming revenue — The company's streaming business was essentially flat year over year as subs stand at 128 million.
Discussion:
Variety, Wall Street Journal, The Wrap, Streaming Better and Reuters
Bloomberg:
Snap announces a deal to distribute Perplexity's search engine to Snapchat users; Perplexity will pay Snap $400M through a combination of cash and equity — Snap Inc. shares surged more than 25% in extended trading after the company announced a $400 million partnership with Perplexity AI Inc …
Discussion:
MediaPost, Marketing Dive, PYMNTS.com, KnowTechie, Axios, Benzinga, TechCrunch, Forbes, Reuters, Neowin, Mashable, WinBuzzer, Digital Trends, Blockonomi, Silicon Republic, ZeroHedge News, The Indian Express, Snap Inc., Business Insider, BMI, Digit, Moneycontrol, The Decoder, CNBC, Social Media Today, NextBigWhat, The Information, Deadline, Financial Times, Search Engine Journal, SiliconANGLE, @shiraovide.bsky.social, Wall Street Journal, The Hollywood Reporter, Engadget and The Verge
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