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7:01 AM ET, November 6, 2025

Mediagazer

 Top News: 
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 …
RELATED:
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 10% YoY to $1.51B, above $1.49B est., DAUs up 8% YoY to 477M, above 476M est., and announces a $500M share buyback; SNAP jumps 23%+
Ben Mullin / @benmullin:
Axios co-founder Jim VandeHei announces cuts affecting 19 people on its product, tech and design teams  —  Axios co-founder Jim VandeHei announces cuts affecting 19 individuals on the product, tech and design teams, per note. “This is a difficult, but necessary, move to meet our evolving tech strategy.”
Discussion: The Wrap and @ellenychang
Alex Sherman / CNBC:
Sources: WBD is exploring strategic alternatives, including a possible split or sale of the entire company, with a public decision expected by Christmas  —  Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery.  Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers.
Flora Garamvolgyi / The Guardian:
Hungarian journalists raise concerns after a pro-Orbán media group bought Blikk, the country's most-read tabloid with ~3M online readers per month, from Ringier  —  Blikk, a tabloid with about 3 million online monthly readers, bought by pro-Orbán media group Indamedia
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 …
Discussion: City A.M.
Alex Simon / SFGATE:
Apple's MLS broadcasts stand out for their graphics, on-site crews, and global audience focus, as one Apple exec says sports viewing currently “kind of sucks”  —  How Apple's deal with Major League Soccer is changing the sports television game  —  As the first company to hit …
Scharon Harding / Ars Technica:
As Google's YouTube TV and Disney continue a contract dispute, customers have lost some access to DVR files and digital movie purchases via Movies Anywhere  —  In addition to reducing access to popular live content, the corporate conflict is highlighting another frustration in the streaming era.
Todd Spangler / Variety:
Sinclair reports Q3 revenue down 16% YoY to $773M and $1M net loss, vs. a $94M net income YoY; CEO Chris Ripley calls Disney-Google dispute an “antitrust issue”  —  Company's ABC affiliates had boycotted ‘Jimmy Kimmel Live!’ in September over host's Charlie Kirk comments
Oliver Darcy / Status:
McClatchy is eliminating its real-time national news operation, closing its Washington bureau, and withdrawing from the White House press pool  —  The calendar invite was vague, referring only in general terms to a restructuring update.  The team wasn't too taken aback by it; they knew change was coming.
Rick Porter / The Hollywood Reporter:
Netflix rolls out a new ad metric called monthly active viewers, or MAV, and says it has 190M such viewers across the 12 countries where it offers an ad tier  —  The streamer is rolling out a stat it calls monthly active viewers.  —  Netflix is rolling out a new advertising metric …
Alex Heath / Sources:
Inside Kalshi's NYC HQ on election night, as it handled ~$100M in mayoral race trades that day, calling it for Zohran Mamdani 36 minutes before any media outlet  —  Election night at Kalshi HQ Inside Kalshi's quiet Manhattan office on election night, co-founder Tarek Mansour showed …
Discussion: Fortune and @alexeheath.com
 
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 More News: 
Jazz Tangcay / Variety:
IMDb adds 12 new professional credit categories, including intimacy coordination, choreography, craft services, puppetry, and voice actor dubbing
Todd Spangler / Variety:
Paramount signs a deal with Professional Bull Riders to make Paramount+ the primary streamer for the PBR Unleash the Beast tour, after a similar deal with UFC
Isabella Simonetti / Wall Street Journal:
Letter: the MPA sent Meta a cease-and-desist over Instagram's use of “PG-13” for teen content restrictions, calling it “literally false and highly misleading”
Katie Robertson / New York Times:
NYT reports 12.33M subscribers in Q3 after adding 460K digital subs, total revenue up 9.5% YoY to $700.8M, and adjusted operating profit up 26.1% YoY to $131.4M
 Earlier Picks: 
The Intercept:
YouTube confirms it removed 700+ videos from three prominent Palestinian human rights groups in early October to comply with the US State Department's sanctions
Alex Reisner / The Atlantic:
A profile of nonprofit Common Crawl, which has scraped billions of webpages since 2013, including paywalled ones, to build an archive used by OpenAI and others
Anthony Vargas / AdExchanger:
IAB announces a tool that lets device manufacturers confirm that ad impressions are associated with real devices; Google, Apple, and Amazon have signed on
Discussion: TVNewsCheck
Ernesto Van der Sar / TorrentFreak:
Google removed 749M URLs to Anna's Archive, which links to shadow libraries of pirated books, over copyright claims, representing ~5% of all takedown requests
Discussion: Mashable and Neowin
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

Casey Newton / Platformer:
A look back at five years of Meta's Oversight Board, whose rulings on the relatively small number of cases it hears have generally had limited impact
 
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