Top News:
Casey Newton / Platformer:
As X fails to moderate Israel-Hamas misinformation, Meta has an opportunity to make real-time news a pillar of Threads and give the app an existential purpose — Three months into its existence, the app's purpose may be coming into focus — if Meta will embrace it
Discussion:
CNN, TechCrunch, Bloomberg, Wired, Jimmy Xing on LinkedIn, The Information, @anneapplebaum, Bloomberg, @onthemedia, @knittingknots2@mstdn.social, @jakemgrumbach, @nxthompson, Semafor, @oneunderscore__, @penamerica, 9to5Mac, @chrischirp@fediscience.org, @carnage4life@mas.to, @freedom_official_p …, @buccocapital@threads.net, @reporterzoe@threads.net, @davidfrenchjag@threads.net, @timothyjchambers@threads.net, @mattbinder@threads.net, @jason_whitman@threads.net, @carnage4life@threads.net, @mattbinder@threads.net, @alex.stamos@threads.net, @therealhoarse@threads.net, @ianbremmer@threads.net, @crumbler@threads.net, @oliverdarcy@threads.net, Morning Brew, @bruno_j_navarro …, @tchambers@indieweb.social, @ianbetteridge@writing …, The Guardian, @caseynewton@mastodon.social, Media Matters for America, CNBC, CNN, @Newmy@writing.exchange, @mimsical@mastodon.social, MediaPost, Variety, @chrismessina@mastodon.xyz, CBS News and Politico, more at Techmeme »
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Wired:
As the Israel-Hamas war escalates, a look at the hacktivism on both sides, including outside hackers defacing and DDoSing government websites and media outlets — Since the conflict escalated, hackers have targeted dozens of government websites and media outlets with defacements and DDoS attacks …
Discussion:
Insider, @mattburgess@infosec.exchange, Fox News, Washington Post, TechCrunch, CBS News and Bloomberg, more at Techmeme »
Thomas Buckley / Bloomberg:
Sources in Bob Iger's inner circle and at Disney describe him as overwhelmed and exhausted by the company's challenges, which include Hollywood strike tensions — Disney's legendary CEO came out of retirement to save the company—right in time for its 100th birthday. Nothing has gone his way.
Discussion:
Wall Street Journal, The Messenger, The Wrap, New York Post, KNSD-TV and The Information
RELATED:
Wall Street Journal:
Sources: activist investor Nelson Peltz's Trian Fund, now one of Disney's largest investors with a $2.5B+ stake, is planning a fresh push for Disney board seats
Discussion:
Financial Times, @bigheadtales, @davecbenoit, @hecallsmepp, @altafoxcapital, @sherman4949, @rwhelanwsj, @stockmarketnerd, @scottgustin, The Information, Wall Street Journal, The Daily Beast, Reuters, CNBC, @asharma, @davidpoland, @zugmanfabio, @batmongoose, Axios, Los Angeles Times, Insider, KNSD-TV, What's On Disney Plus, Yahoo Finance, Financial Times, Deadline, Cord Cutters News, Bloomberg, The Wrap, New York Post, The Hollywood Reporter, The Messenger, Fortune and Variety
Katie Robertson / New York Times:
The Washington Post is offering voluntary buyouts over the next few weeks, aiming to cut ~240 jobs out of 2,500 to offset digital subscription and ad challenges — The publication has struggled to grow subscriptions in recent years. — The Washington Post is cutting about 240 jobs across the company …
Discussion:
@benmullin, NPR, Washington Post, The Hill, The Messenger, The Information, @davidfolkenflik, The Daily Beast and @oliverdarcy@threads.net
Associated Press:
Wall Street Journal reporter Evan Gershkovich loses his appeal against his Russian arrest for espionage, meaning he will stay in jail at least until November 30 — A Wall Street Journal reporter who was detained in Russia on espionage charges lost his appeal against his arrest Tuesday …
Discussion:
Fox News, Talking Biz News, Associated Press, New York Daily News, The Hill and Wall Street Journal
Sahil Patel / The Information:
Source: as of about June 2023, Netflix's ad sales and ad-supported subscriber numbers were roughly half what the company initially projected internally for 2023 — Turning Netflix into an advertising goliath is proving tougher than the video-streaming giant expected.
Dominic Ponsford / Press Gazette:
Sources: Mail on Sunday laid off four senior sports journalists, including Mike Richards and Rob Draper, leaving the newspaper without a dedicated sports editor — European Football Writer of the Year Rob Draper and BJA winner Nick Harris look set to leave.
Stuart Dredge / Music Ally:
London-based Audoo, whose Audio Meter identifies music played in public to gather more accurate data for royalties, raised $5M, taking its total funding to $22M — Can you feel the love tonight (well, this morning) for British startup Audoo? It has raised a new $5m funding round led …
Discussion:
Music Business Worldwide and Digital Music News
Alex Weprin / The Hollywood Reporter:
Memo: Condé Nast Entertainment President Agnes Chu is set to leave at the end of October in a reorganization combining editorial, branded content, and video — The executive joined the company from Disney in 2020. — Condé Nast is shaking up its video and editorial content structure …
Discussion:
The Wrap, Variety, The Information and @annaknicolaou
Wayne Friedman / MediaPost:
Paramount Global and iSpot.tv partner to “measure and transact” national TV ad campaigns using iSpot metrics for Paramount's US media and streaming properties — Deepening more alternative-currency agreements among major TV network-based media companies, Paramount Global has struck …
Discussion:
Adweek and Radio & Television …
Gavin Bade / Politico:
A look at the stalled efforts to ban TikTok in the US as defense officials, who want an outright ban, clash with economic officials who back a compromise — The administration is throwing its weight behind a new bill after previous legislative and national security efforts faltered.
Discussion:
TechCrunch, The Hill, 9to5Mac and NewsNation, more at Techmeme »
Angela Fu / Poynter:
On Amazon's Prime Big Deals Day, 40+ unionized staff at Reviewed stage a one-day strike after the Gannett product reviews site didn't give them bargaining dates — Shopping holidays, like Amazon's Prime Days and Black Friday, are the product review site's biggest revenue drivers
Discussion:
The NewsGuild, @reviewedunion, @nyguild and @reviewedunion
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