Top News:
Jeremy Barr / Washington Post:
Critics accuse WSJ of amplifying misinformation after it publishes a 600-word letter to the editor from Trump, filled with debunked claims of election fraud — The publication of the letter, citing baseless and debunked claims, was criticized for pushing the traditional boundaries of a letters-to-the-editor page
Discussion:
@jeremymbarr, Wall Street Journal, Washington Post, The Triad, The Guardian, Talking Biz News, @andymstone, CNN, @jaketapper, @rainnwilson, @amandacarpenter, @brucebartlett, @jeremymbarr, @michaelsteele, @kantrowitz, @terronk, @mikiebarb, @amandacarpenter, Newser, @frankrichny, @svdate, Poynter, @jdawsey1, @ericnewcomer, @ericnewcomer, @waltshaub, @mattnegrin, Columbia Journalism Review, @terrymoran, @ericnewcomer, @jeremymbarr, @thedailybeast, @chrislhayes, @bgrueskin, @brianboland, @bgrueskin, @mehdirhasan, @janinezacharia, @djrothkopf, @billkristol, @ericowensdc, @brianboland, @bgrueskin, SHERO, @ike_saul, @charlesornstein, @rebeccashabad, @gretchenapeck, @timobrien, @thedailybeast, The Week, @sykescharlie, @urbanachievr, The Hill, The Daily Beast, Mediaite, UPROXX and Raw Story, more at Techmeme »
Brian Steinberg / Variety:
Comcast reports Q3 revenue rose to $30.2B with $4.04B net income; NBCU earnings were $1.3B, up 48.2% YoY, on $10B revenue, up 57.9% YoY, due to the Olympics — Comcast saw its third-quarter profit soar due to its massive broadcast of the Tokyo Olympics across NBCUniversal as well as an uptick …
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Todd Spangler / Variety:
Comcast signs deal with Apple to carry the Apple TV app on Xfinity X1, UK's Sky Glass, and XClass TVs; Apple TV set-top boxes will have Comcast's Stream app — Comcast struck a deal with Apple that will bring the Apple TV app, which includes access to the Apple TV Plus subscription service …
Discussion:
The Streamable, CNET, nexttv.com, Engadget, Light Reading, FierceVideo, @tomwarren, @xpangler, The Verge, Hollywood Reporter, 9to5Mac and AppleInsider
Tarpley Hitt / Gawker:
Sources: G/O Media has removed images from articles published before 2019 across its properties, but employees do not know the rationale for the removal — G/O Media — the parent company that runs 11 websites, including the former Gawker Media properties Gizmodo, Jalopnik, Deadspin …
Discussion:
@devancoggan, @stephentotilo, @grahamstarr, @vahn16, @mistydemeo, @gawker, @textfiles, @kevinmdraper and @leahfinnegan
Washington Post:
NYU research suggests Twitter's algorithms promote conservative politicians because they are more likely to be “ratioed”, which Twitter may count as engagement — Our research suggests conservative politicians are ‘ratioed’ more often. That may explain why they're in your timeline.
Discussion:
@jayrosen_nyu, @nyuniversity, @postopinions, @michaelklamerus, @kenklippenstein, @tvietor08, @j_scott_ and Rolling Stone, more at Techmeme »
Berber Jin / The Information:
UnitedMasters, a music distribution app for independent musicians, raises a $50M Series C led by a16z at a $550M valuation — UnitedMasters, a music distribution app for independent musicians, has raised $50 million in a round led by venture firm Andreessen Horowitz at a $550 million valuation, including the new investment.
Discussion:
Music Business Worldwide, @unitedmasters and NEWS INDEX (SB)
Jacob Silverman / New York Magazine:
While whistleblowing and accountability journalism are useful, only sweeping political changes can limit Facebook's power, which has proven enduring — Amid years of ongoing crisis, Facebook in recent weeks has faced the public-relations equivalent of nuclear annihilation.
Discussion:
@fboversight, @justinjm1, @carolecadwalla, @jason_kint, @aghoshal, Terms of Service w …, @silvermanjacob, Slow Build and ScreenRant, more at Techmeme »
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Washington Post:
Internal docs show Facebook staffers agonized over whether the company was nudging news organizations to produce “darker, more divisive content”
Discussion:
@jeffjarvis, @kantrowitz, @froomkin, @cat_zakrzewski, @justinhendrix, @donlday, CNET, @oliverdarcy, @attorneynora, @annia, @mat, @kimzetter, @katiedrumm and @karissabe
Check My Ads Institute:
Claire Atkin and Nandini Jammi launch the Check My Ads Institute, a nonprofit watchdog investigating ad-funded disinformation, including on Facebook — It's almost Halloween, so here's a spooky riddle: What's scarier than Facebook fueling a global disinformation crisis?
Discussion:
@nandoodles, @nandoodles, @catthekin, @nandoodles and @nandoodles
Georg Szalai / Hollywood Reporter:
Peacock had Q3 revenue of $230M and an adjusted loss of $520M vs. $41M in revenue and a $233M loss in Q3 2020; Comcast didn't update Peacock signup figures — For the first time since the launch of the NBCUniversal streamer last year, management didn't provide an update on the number …
Discussion:
The Wrap, The Streamable, @loudmouthjulia and @geekvibesnation
Rachel Janfaza / CNN:
Former New York Times columnist Nicholas Kristof announces he is running for governor of Oregon — Washington, DC (CNN)Former New York Times columnist Nicholas Kristof announced Wednesday that he is running for governor of Oregon. — “I've never run for political office in my life …
Discussion:
New York Times, Washington Post, @nickkristof, @pdx_er, @jeffjarvis, @cliffordlevy, @vintageanchor, KGW-TV, Newsy, The Hill, Associated Press, Oregonian, The Guardian, Barrett Media and The Week
Nancy Tartaglione / Deadline:
Sony reports Q2 revenue rose 13% YoY to $21B and operating income rose 1% YoY to $2.8B; Sony Pictures revenue rose 35% YoY to $2.37B as its films grossed $105M — Sony Pictures Entertainment recorded $288M in operating profits for the three months ending September 30, repping a 7% dip from the same period last year.
Discussion:
Reuters, The Wrap, Bloomberg and Engadget, more at Techmeme »
Georg Szalai / The Hollywood Reporter:
ViacomCBS buys a majority stake in Spanish-language content producer Fox TeleColombia & Estudios TeleMexico from Disney to help fuel its streaming platforms — The deal and existing businesses will “position ViacomCBS as one of the leading Spanish-language content production companies in the world,” the conglomerate said.
Discussion:
Deadline, C21Media, FierceVideo and Media Play News
Todd Spangler / Variety:
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M; stock up 6%+ — Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations …
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