Top News:
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 7.8% YoY to $8.54B, vs. $8.54B est., and global paid memberships up 10.8% YoY to 247.15M, vs. 243.88M est.; NFLX jumps 9%+ — LOS ANGELES — Netflix reported earnings after the bell. Here are the results. — Earnings: $3.73 vs $3.49 per share, according to LSEG, formerly known as Refinitiv
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Jessica Toonkel / Wall Street Journal:
Netflix raises US prices for its basic plan to $11.99 from $9.99 and its premium plan to $22.99 from $19.99; it is also raising some prices in the UK and France — Hollywood strikes will lead to lower content spending, more free cash flow this year, company says
Discussion:
The Guardian, The Wrap, The Desk, New York Times, The Streamable, The Verge, 9to5Mac, Cord Cutters News and The Hollywood Reporter, more at Techmeme »
Joseph Cox / 404 Media:
Experts say misinformation from “verified” pseudo-OSINT accounts on X, driven by profit and engagement, is destroying the Israel-Hamas war information ecosystem — Join the newsletter to get the latest updates. — Success — Great! Check your inbox and click the link. — Error
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John Burn-Murdoch / @jburnmurdoch:
[Thread] Media outlets keep slipping up on the Israel-Hamas war because they lack in-house OSINT teams or are wary to rely on such teams for breaking news — Some quick thoughts on why large parts of the mainstream media keep slipping up on Gaza/Israel (and why it was the same at times with Covid): The main reason is a failure to keep pace with modern news gathering techniques, but there's more.
Discussion:
Axios, @slevene, @andrewpurc, @jburnmurdoch, @davidjhendy, @prestonjbyrne, @nrg8000, bellingcat, @gregdraws1, @justthefacts37, @marcowenjones, @jburnmurdoch, @bellingcat, @yuris, @jburnmurdoch, @asteris, @jerseyrobins, @washingtonpost, @eliothiggins, @osinttechnical, @matthewjdalby, @steveprioruk, @coupsure, @jburnmurdoch, @jburnmurdoch, @heddingkj, @sdp, @saugust06, @jason_paladino, @eliothiggins, @jburnmurdoch, @tannerjc, @jaltma, @jburnmurdoch, @biotechpolicyuk, @christophcherry, @amirmizroch, @fetzert, @shmmor, @amirmizroch, @robertmackey, @osinttechnical, @charliecoffee, @gavinsblog, @modestproposal1, Financial Times and Voice of America
Kylie Robison / Fortune:
X tests Not A Bot, requiring new, unverified users to sign up for a $1 annual subscription to be able to post and interact, in New Zealand and the Philippines — The owner of X, Elon Musk, has long floated the idea of charging users $1 to use the platform.
Discussion:
X, @support, Observer, Fox Business, Vanity Fair, Rolling Stone, Black Enterprise, abc7NY, PC Gamer, Ars Technica, 9to5Mac, New York Post, Shacknews, NPR, The Ankler, The Messenger, Boing Boing, KNSD-TV, The Hill, UPI, Mediaite, @rahaeli.bsky.social, Techdirt, IGN, @dieworkwear, Global News, Reuters, @kyliebytes, @lexnfx, Los Angeles Times, The Guardian, The Information, The Hollywood Reporter, @pixel@desu.social, Ben Shute on LinkedIn, Insider, TechCrunch, KRQE-TV, TIME, @andypiper@macaw.social, @tchambers@indieweb.social, CNN, Variety, Forbes, @chancerydaily@threads.net, @chrispirillo@threads.net, @joshwolf@threads.net, @reporterzoe@threads.net, @dangillmor@mastodon.social, The Verge, @scalzi.com, @dell.bsky.social, @billbennett@mastodon.nz, @venya@musicians.today, @evacide@hachyderm.io, @mike_isaac@threads.net, @thekenyeung@mastodon.social, @megmac@social.treehouse …, The Wrap, Bloomberg, The Sun and Engadget, more at Techmeme »
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Elahe Izadi / Washington Post:
How Only in Dade, started as an Instagram meme page a decade ago, inadvertently became a Miami local news source, including by using its 1.3M followers' videos — If it's happening in Miami, locals find out about it through Only in Dade, previously a hub for alligator sightings and nightclub antics.
Discussion:
@fraying@xoxo.zone, @elaheizadi, @davidovalle305, @jesusrodriguezb and @elaheizadi
Jon Porter / The Verge:
YouTube adds a news page to its mobile apps that suggests content from “authoritative sources”, and plans to spend $1.6M to promote creating Shorts news content — YouTube is embracing news from “authoritative sources” at a time when Meta is reluctant to promote hard news …
Wall Street Journal:
Sources: with ESPN and TNT unwilling to spend $2.6B+/year on NBA rights, the league seeks deals with Amazon, Apple, and more, and offers games in local markets — League aims for jump in fees by luring streamers, from Amazon to Apple, and offering games in local markets
Discussion:
Awful Announcing, The Streamable, 9to5Mac, Vibe, Barrett Media, Sports Media Watch, Insider and The Messenger
Katie Notopoulos / MIT Technology Review:
Federated networks like Mastodon and a growing acceptance of paying for content may help move people away from big social platforms and improve online discourse — We're in a very strange moment for the internet. We all know it's broken. That's not news.
Justin Smith / Semafor:
On its first anniversary, Semafor has nearly 500,000 subscriptions to its free newsletters and 3M monthly readers “on and off platform” — The News — A year ago, we set out to invent a new global news brand designed to address the three big pain points in global news …
Discussion:
@prashantrao, Justin B. Smith on LinkedIn, @katie_robertson and Ben Smith on LinkedIn
Erik Wemple / Washington Post:
A book by Cuomo aide Melissa DeRosa alleges inappropriate behavior by the NYT's Jesse McKinley, who broke big Cuomo news; the NYT says McKinley was reassigned — New York Times reporter Jesse McKinley helped to bring down New York Gov. Andrew M. Cuomo. In February 2021, McKinley …
Discussion:
New York Post, Vanity Fair, @tomwatson, @jeremymbarr and The Daily Beast
Theo Wayt / The Information:
Sources: Amazon is paying to make commercials for brands that spend $15K+ to run ads on Freevee and Twitch, part of attempts to build a streaming ad business — Amazon is approaching brands that already buy search ads on its e-commerce website with an unusual pitch: if you buy streaming TV ads, we'll make them for you.
Discussion:
@theo_wayt and The Desk
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