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12:50 PM ET, October 24, 2019


 Top News: 
Ingrid Lunden / TechCrunch:
Twitter misses Q3 estimates with revenue of $823.7M, up 9% YoY; ad revenue of $702M, up 8% YoY; 145M monetizable DAUs, up 17% YoY  —  Twitter today reported its earnings for the quarter that ended September 30, and the numbers delivered a big surprise, falling on both sales and earnings per share.
Cynthia Littleton / Variety:
NBCU's Steve Burke says Peacock will be bundled into Comcast's streaming platform Flex and that NBC will continue to license its content, unlike Disney  —  NBCUniversal chief Steve Burke predicts that things are going to get even more intense among the media and tech giants launching streaming platforms …
Craig Timberg / Washington Post:
Facebook to unveil news tab at an event Friday with News Corp's Robert Thomson; sources: direct payments to 200 publishers will go up to millions of dollars  —  Facebook plans to launch a “News” tab on Friday that will offer stories from hundreds of news organizations, some of which will be paid fees …
Sarah Lacy / Pando:
Sarah Lacy and Paul Carr sell Pando to ad-tech company BuySellAds, which bought Digg in 2018; Lacy announces she is leaving journalism  —  If there is a single moment when it seemed like my journalism career suddenly caught fire, it was the 2006 Business Week cover story I wrote about the rise of Web 2.0 companies.
Jeremy Barr / Hollywood Reporter:
Fox Business, CNN, CNBC, Bloomberg, NYT, and FT say they will not serve as media partners at Saudi Arabia's Future of Investment Initiative event this year  —  Jared Kushner and Steven Mnuchin are attending, but major media firms are still a no-go at the Saudi conference following the murder of Jamal Khashoggi.
Neha Malara / Reuters:
Comcast Q3: $26.8B in revenue with net loss of 238K video subscribers; NBCU had earnings of $2.09B, up 1.6% YoY, on $8.3B in revenue; Sky had revenue of $4.55B  —  (Reuters) - Media and communications company Comcast Corp (CMCSA.O) beat Wall Street estimates for third-quarter profit on Thursday …
Benjamin Mayo / 9to5Mac:
Apple TV app launches on Amazon Fire TV devices starting with the Fire TV Stick 4K and HD models, with support for other devices and models coming soon  —  Apple today released the Apple TV app for Amazon TV devices, starting with the Amazon Fire TV Stick 4K and the older HD model.
Peter Rubin / Wired:
A behind-the-scenes look at Ron Moore's For All Mankind, launching on Apple TV+ on November 1, for which Moore pitched Apple a detailed map of seven seasons  —  With Ron Moore's space-race drama For All Mankind, Apple is betting on marquee names and lush production to get its TV+ service off the ground.
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 More News: 
Gretchen Frazee / PBS NewsHour:
The US Postal Service is honoring the late Gwen Ifill with a stamp in 2020; she worked at PBS NewsHour for 17 years and covered eight presidential campaigns
Siri Holstad Johannessen / INMA:
How Norway's Aftenposten increased subscriber revenue and decreased churn through Wine Club, its wine-focused newsletter started in 2017
Christine Schmidt / Nieman Lab:
A deep look at local news newsletters from individual reporters, who often use tools like Substack and Revue and sometimes earn subscription revenue
 Earlier Picks: 
Peter Oborne / openDemocracy:
UK journalists should stop letting themselves be used as a tool for anonymous government sources to spread lies, misrepresentations, smears, and falsehoods
BBC News launches dark web mirror of its international site, accessible via Tor, as it seeks to thwart censorship from states such as China, Iran, and Vietnam