Top News:
Jon Porter / The Verge:
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022 — Kanye West, the musician also known as Ye, is buying Parler, a social media platform that styles itself as a “free speech” alternative to Twitter.
Discussion:
Parler, @sarafischer, Bloomberg, @bobbyallyn, Axios, CNN, Los Angeles Times, Mediaite, @meridithmcgraw, Adweek, The Desk, Wall Street Journal, Billboard, Slate, Mother Jones, Politico, Protocol, The Register, New York Times, Associated Press, ScreenRant, UPROXX, The A.V. Club, Vibe, The Daily Beast, Vanity Fair, TMZ.com, Quartz, CNBC, New York Magazine, Insider, Al Jazeera, @parismartineau, @espiers, NPR, TechCrunch, Gizmodo, @oneunderscore__, Reuters, @jamesrbuk, @kinyanboy, @loudmouthjulia, The Guardian, @dgisserious, IndieWire, Footwear News, @suka_hiroaki, @phil_lewis_, Observer, @trackinflation, @danlesac, @mlfromdeep, @karengeier, @imore, Variety, Rolling Stone, The Wrap, @mollyjongfast, FinSMEs, @mattyglesias, The Triad, @jordanonrecord, MediaPost, @pressgazette, @goldengateblond, @mmasnick, @jeffjarvis, @keithedwards, @reedgalen, @cenkuygur, @seldo, Newser, @scobie, @justin_ling, @pierce, @sonnybunch, @eramdam, @caseynewton, @jbarro, Breitbart, abc7NY, Deadline, The Hollywood Reporter, Boing Boing, CBS News, The Hill and Dystopian Living, more at Techmeme »
Wall Street Journal:
Sources: Rupert Murdoch's plan to recombine News Corp and Fox Corp. would boost the balance sheet for acquisitions and expand Lachlan Murdoch's responsibilities — Fox and News Corp are considering a proposal that they reunite though hurdles to a deal remain
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Reuters:
Sources: activist investor Irenic Capital Management, which has a $150M stake in News Corp, wants the company to split its media and online real estate units — Activist investor Irenic Capital Management, which has a $150 million stake in News Corp (NWSA.O), wants the company to split …
Discussion:
New York Times, @edmundlee, Axios and @benmullin
Zeynep Tufekci / New York Times:
After defamation lawsuits against Alex Jones, Fox News, and others, new regulations are needed to make it harder and less lucrative to lie to huge audiences — Alex Jones achieved the epitome of despicability and now has been ordered to pay for it. His lies — that parents of children killed …
Discussion:
@zeynep, @jamesgleick, @cwarzel, @gmbutts, @brooklynmarie, @nytimes, @davidoatkins, @bkcharvard, @zeynep, The Atlantic, Media Voices, @jason_kint and @drneilstone
Mia Sato / The Verge:
TikTok plans to raise the age requirement for hosting a livestream from 16 to 18 on November 23 and let hosts limit their livestreams to adult-only audiences — TikTok is updating its livestream system to limit kids from going live and to allow streamers to only reach adults.
Discussion:
TikTok, Adweek, MediaPost, Gizmodo, TechCrunch, Engadget and @zachbussey, more at Techmeme »
Dade Hayes / Deadline:
Comcast's Spectacor division shuts down its video game-centric network G4, a year after its relaunch; Spectacor CEO Dave Scott told staff revival efforts failed — EXCLUSIVE: Comcast's Spectacor division is pulling the plug on video game-centric network G4 TV, whose early incarnation …
Mark Sweney / The Guardian:
Kantar: the number of UK homes with at least one paid video streaming service fell by 937K to 16M+ from January to September 2022, driven by the need to save — Exclusive: total number of homes with at least one subscription fell by 937,000 from January to September
Discussion:
Deadline
Mark Stenberg / Adweek:
Forbes says the outlet is on pace to host 80+ events in 2022, increasing its events revenue by 60%; event partnerships represent 35% of Forbes' total ad revenue — Sponsorships now account for 35% of its advertising revenue — The business news publisher Forbes has seen revenue …
Discussion:
Talking Biz News and @markstenberg3
Cynthia Littleton / Variety:
The Los Angeles Clippers launch livestreaming service ClipperVision with 70+ games and six channel feeds, available in Southern California for $200 per season — Nearly a decade after acquiring the NBA's Los Angeles Clippers, Steve Ballmer is finally realizing his dream to build a bigger …
Discussion:
Los Angeles Times, Ad Age, Sportico, Media Play News, Next TV, KTLA, NBA and The Streamable
Financial Times:
Disney may bypass French cinemas for its biggest movies and go straight to streaming in 2023, unless the country changes its “anti-consumer” distribution rules — Black Panther movie will hit screens after months of debate but US company says distribution laws must be reformed
Discussion:
Variety, The Guardian, @labboudles and Deadline
Baz Bamigboye / Deadline:
Source: Netflix, “rattled” by negative front-page stories about The Crown, postponed its Harry and Meghan documentary, unofficially slated for December 2022 — EXCLUSIVE: Rattled after attacks on Season 5 of The Crown, Netflix has decided to postpone its documentary series featuring Harry …
Discussion:
New York Post, @ukroyaltea, IndieWire and The A.V. Club
Alex Barker / Financial Times:
Sources: ITV is exploring options, including whether to sell a stake of its production arm ITV Studios, estimated to be worth more than ITV's £2.5B market cap — UK broadcaster examining whether to sell stake in maker of ‘Love Island’ and ‘Bodyguard’ in bid to unlock its value
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