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8:00 AM ET, November 7, 2025

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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 …
Georg Szalai / The Hollywood Reporter:
AMC Networks reports revenue down 6.3% YoY to $561.7M, operating income down 40.7% to $55.5M, streaming revenue up 14% to $174M, and 10.4M streaming subscribers  —  The company, led by CEO Kristin Dolan, posted its third-quarter results.  —  AMC Networks, the company behind such cable channel brands …
Discussion: Deadline
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.
RELATED:
Christopher Palmeri / Bloomberg:
Disney and Penn Entertainment agree to end ESPN Bet on December 1, after failing to capture significant market share; they signed a 10-year, $2B deal in 2023
Paul Sandle / Reuters:
ITV says it is in preliminary talks to sell its media and entertainment division to Comcast's Sky for £1.6B, a deal that would require regulatory approval  —  - ITV says in preliminary talks over M&E division sale  — Sale would be for free-to-air channels and streaming platform
Allison Smith / Modern Retail:
Shopify joined Substack in October, the latest and the biggest company to do so and a sign that brands take Substack seriously as a marketing channel  —  American Eagle.  Rare Beauty.  The RealReal.  These are some of the biggest brands that have, within the past year, launched their own Substack newsletters.
Cynthia Littleton / Variety:
An interview with SAG-AFTRA President Sean Astin on 2026 AMPTP talks, the Jimmy Kimmel suspension, Tilly Norwood AI controversy, the microdrama boom, and more  —  Veteran actor sounds the alarm on the unchecked spread of generative AI content: ‘We need to protect our very dignity, our humanness’
Juby Babu / Reuters:
News Corp reports Q1 revenue up 2% YoY to $2.14B, above $2.1B est., Dow Jones revenue up 6% to $586M, and News Media with “strong improvement in profitability”  —  Media conglomerate News Corp (NWSA.O) beat Wall Street estimates for first-quarter revenue on Thursday …
Ja'han Jones / MSNBC:
USAGM Acting CEO Kari Lake plans to shut down Szabad Europa, RFE/RL's Hungarian service, for programming that has “undermined” Trump policy by opposing PM Orban  —  The de facto head of the U.S. Agency for Global Media says she's shutting down the Hungarian branch of Radio Free Europe because it opposed Orban.
Blake Brittain / Reuters:
The owner of the Entrepreneur magazine sues Meta in California federal court, alleging the company used “at least hundreds” of its works to train AI models  —  The owner of business magazine Entrepreneur sued Meta Platforms (META.O) in California federal court on Thursday …
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.
RELATED:
Aisha Malik / TechCrunch:
Meta launches Vibes, its short-form video feed of AI-generated videos, in Europe through the Meta AI app, following its US debut six weeks earlier  —  Meta announced on Thursday that Vibes, its short-form video feed of AI-generated videos, is launching in Europe in the Meta AI app.
 
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 More News: 
Suzanne Vranica / Wall Street Journal:
Madison & Wall: US ad spending is expected to grow 8.5% this year to $435.22B and Meta, Google, and Amazon are projected to account for 56% of the US ad market
Discussion: TVNewsCheck
C.J. Robinson / Columbia Journalism Review:
Tow Center identifies eight X bot accounts that use X's AI Note Writer API to write between 5% to 10% of the Community Notes visible to the public each day
 Earlier Picks: 
Sky News:
Investigation: X amplifies right-wing and extreme political content in the UK, as Elon Musk endorses fringe politicians and encourages nationalist sentiment
 

 
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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