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1:05 PM ET, November 9, 2018


 Top News: 
Drew Harwell / Washington Post:
Press Secretary Sanders tweeted a video that experts say was altered and which made Jim Acosta's encounter with a White House intern appear more violent  —  White House press secretary Sarah Sanders on Wednesday night shared a video of CNN reporter Jim Acosta that appeared to have been altered …
Amy B Wang / Washington Post:
White House suspends Jim Acosta's press pass after he and Trump had a tense exchange; Sarah Sanders claims Acosta “placed his hands” on woman at press event  —  The White House has suspended the press pass of CNN reporter Jim Acosta after President Trump took issue …
Jeremy Barr / Hollywood Reporter:
Trump says “it could be others also” when asked how long Acosta will be suspended  —  “It could be others also,” Trump said Friday when asked how long CNN's Jim Acosta will be suspended from the White House.  —  When asked during a pool spray on Friday morning how long CNN's Jim Acosta …
Discussion: TVNewser and Mediaite
WHCA strongly objects to the White House pulling credentials to punish a reporter and urges White House “to immediately reverse this weak and misguided action”
Margaret Sullivan / Washington Post:
CNN should sue the White House for taking away Jim Acosta's press pass under a false pretext, and press-rights groups and media outlets should join in
Michelle Fields / The Atlantic:
Ex-Breitbart reporter Michelle Fields, accused of falsely saying Lewandowski assaulted her, says accusers apparently were projecting, as they aim at Acosta now
Jeffrey A. Trachtenberg / Wall Street Journal:
Meredith sells Fortune magazine to Thai businessman Chatchaval Jiaravanon for $150M  —  The sale to Chatchaval Jiaravanon gives the business publication a new owner for the second time this year  —  Meredith Corp. MDP -4.70% said Thai businessman Chatchaval Jiaravanon has agreed …
Lauren Feiner / CNBC:
Disney is taking a $157M writedown on its $400M investment in Vice Media; investment in December 2015 reportedly gave Disney 10%, at a valuation of $4B-$4.5B  —  - Disney wrote in its fourth-quarter earnings report that it plans to write down its investments in Vice Media for $157 million.
Michelle Castillo / CNBC:
Disney says its new streaming service will be called Disney+ and will launch in the US in late 2019
Brent Lang / Variety:
Disney's Q4 beats with $2.3B net income on $14.3B revenue; cable/broadcast sales were nearly $6B, up 9% YoY, and its film studio earned $2.1B, up nearly 50% YoY
Carmin Chappell / CNBC:
News Corp. reported mixed Q1 results with net income of $128M, up 47% YoY, on $2.52B in revenue, up 23% YoY but shy of estimates of $2.54B; ad revenue fell 7%  —  - News Corp. reported fiscal first-quarter earnings Wednesday that beat analysts' expectations for earnings but missed on revenue.
Discussion: @npfandos and News Corp
Stephen Shankland / CNET:
The New York Times is digitizing its 5-7M photo archive using Google AI to recognize text describing the photos and will use Google's storage services  —  Google's computer brains are helping The New York Times turn a historic archive of more than 5 million photos into digital data that'll appear …
Jim Edwards / Business Insider:
Medium CEO Ev Williams says he will be raising more money; Medium has raised $132M, has 90M MAUs, and publishes 20K articles per day  —  - Ev Williams needs more money for Medium, which he says is still not profitable.  — Medium has received $132 million from investors so far.
Discussion: @duanekinsey and @rafat
Wendy Lee / Los Angeles Times:
YouTube office in Playa Vista's Spruce Goose hangar opens to house office space and productions as part of a plan to build a 450,000-square-foot complex  —  Google has moved a step closer to transforming the historic Spruce Goose hangar in Playa Vista into a state-of-the-art office and production facility …
Discussion: Los Angeles Times
Hollywood Reporter:
Tribune Media reports Q3 net income of $54.1M vs. loss of $18.7M in Q3 2017, revenue up 11% YoY to $498M thanks to growth in retransmission and carriage fees  —  The company, which this summer scrapped its planned $3.9 billion takeover by Sinclair Broadcast Group, posted a lower impairment charge …
Jessica Toonkel / The Information:
Sources: WarnerMedia has approached NBCU about a partnership that would include licensing films or TV shows as it prepares for its new streaming service  —  AT&T's WarnerMedia has approached Comcast's NBCUniversal to discuss ways of working together, including about licensing films or TV shows …
Discussion: @benmullin
Jon Lafayette / Broadcasting & Cable:
E. W. Scripps reports Q3 revenue of $303M, up 51% YoY; political ad revenue reached $140M, up 86% from 2014 midterms  —  The E.W. Scripps Co. swung to a third quarter profit as revenues were boosted by local political ad sales revenue from Katz Broadcasting, acquired a year ago.
Discussion: MediaPost and PR Newswire
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 More News: 
Nielsen Newswire:
Nielsen estimates 36M people watched primetime coverage of the midterm elections, more than in the previous four midterms
Netflix announces plans to make 17 original productions in Asia including shows in Chinese and Thai as it looks abroad for growth
 Earlier Picks: 
David Wood / Houston Chronicle:
A review of 744 Houston Chronicle stories by Mike Ward could not find 44% of the 275 people quoted; The Chronicle will retract eight stories and correct others
Li Tao / South China Morning Post:
China's Xinhua News Agency launches “composite anchors”, which combine images and voices of human anchors with text via AI tech from internet company Sogou
Kevin Roose / New York Times:
Some experts say Facebook performed well for the midterms, but disinformation and false news still spread fast, requiring outsiders' monitoring and prodding