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 12%+ — 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 its US prices for its basic plan from $9.99 to $11.99, its premium plan from $19.99 to $22.99, and some of its prices in the UK and France — Hollywood strikes will lead to lower content spending, more free cash flow this year, company says — said its efforts …
Discussion:
TechCrunch, Broadband TV News, KNSD-TV, @jalefkowit@octodon.social, Digital Music News, @tvgrimreaper, IndieWire, 9to5Mac and Variety, more at Techmeme »
Jennifer Elias / CNBC:
Google cut “a small number” of Google News employees this week; an Alphabet Workers Union spokesperson estimates 40 to 45 workers lost their jobs — - Google cut at least 40 jobs in its news division this week, CNBC has learned. — The company has been downsizing in recent months …
Discussion:
The Information, Jennifer Elias on LinkedIn, MediaPost and Rob Ruenes on LinkedIn
Jem Aswad / Variety:
Universal Music Group and BandLab form an alliance to advance their shared commitment “to ethical use of AI and the protection of artist and songwriter rights” — Universal Music Group and BandLab Technologies have announced plans for a strategic relationship concentrated on protecting artists' rights in the age of AI.
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Murray Stassen / Music Business Worldwide:
Universal Music Publishing Group, Concord Music Group, and ABKCO sue Anthropic for allegedly violating their copyrights by using song lyrics to train AI models — Partnership will be 'centered on empowering the next generation of artists, including within BandLab's global community'.
Discussion:
Cointelegraph, The Hollywood Reporter, Decrypt and Digital Music News
Thomas Buckley / Bloomberg:
Filing: Disney releases separate ESPN earnings results for the first time, showing profit at ESPN networks fell 20% through the first nine months of its FY 2023 — Profit at the ESPN sports networks fell 20% through the first nine months of fiscal 2023 as Walt Disney Co. provided the first peek at that business on a standalone basis.
Discussion:
The Desk, Reuters, Axios, @sportstvratings, Barrett Media, The Wrap and The Hollywood Reporter
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 help to break news
Discussion:
Axios, @amirmizroch, @amirmizroch, @jaltma, @yuris, @nrg8000, @jburnmurdoch, @jburnmurdoch, @jburnmurdoch, @jburnmurdoch, @jburnmurdoch, @jburnmurdoch, @jburnmurdoch, @justthefacts37, @steveprioruk, @biotechpolicyuk, @slevene, @gregdraws1, @charliecoffee, @andrewpurc, @fetzert, @prestonjbyrne, @shmmor, @modestproposal1, @osinttechnical, @washingtonpost, @jason_paladino, @eliothiggins, @robertmackey, @osinttechnical, @marcowenjones, @bellingcat, @coupsure, @eliothiggins, @davidjhendy, @jerseyrobins, @matthewjdalby, @sdp, @saugust06, @tannerjc, @christophcherry, @gavinsblog, @heddingkj, @asteris, bellingcat, New York Daily News, Voice of America and Financial Times
Radio Free Europe/Radio Liberty:
Russian authorities detained RFE/RL's Tatar-Bashkir Service editor Alsu Kurmasheva on October 18, charging her with failure to register as a foreign agent — WASHINGTON, D.C. - On October 18, authorities in Kazan, Russia, detained Alsu Kurmasheva, an editor with Radio Free Europe/Radio Liberty's (RFE/RL) Tatar-Bashkir Service.
Discussion:
CNN, Committee to Protect …, The Daily Beast, Politico, Reuters, Agence France-Presse, @afp, @rferlpress, @cpj_eurasia and @cpj_eurasia
Blake Brittain / Reuters:
Mike Huckabee, Lysa TerKeurst, and other authors sue Meta, Microsoft, and Bloomberg over using the “Books3” dataset, which includes pirated books, to train LLMs — A group of writers including former Arkansas governor Mike Huckabee and best-selling Christian author Lysa TerKeurst …
Discussion:
Washington Post and Vanity Fair
Lucas Shaw / Bloomberg:
Sources: YouTube is building an AI tool that lets creators record audio using famous musicians' voices and seeking major record labels' rights to train the tool — - YouTube is seeking rights from major music companies — Video site had hoped to unveil the music tool last month
Discussion:
Music Ally, Billboard, @lucas_shaw, The Verge and Search Engine Land, more at Techmeme »
Christi Carras / Los Angeles Times:
An October 6 to 9 poll of 1,003 US adults: 34% side with the actors in SAG-AFTRA's strike, 7% back the studios, 29% sympathize equally, and 30% took no position — As the Hollywood writers' strike has come to a close and the actors' walkout rages on, the American public continues to favor unions …
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:
@elaheizadi, @davidovalle305, @jesusrodriguezb, @elaheizadi and @fraying@xoxo.zone, more at Techmeme »
Matt Mullenweg:
While X charging users $1/year to stop bots and spam is appealing, the value of manipulating X is so high that millions are likely already being spent to do so — Twitter/X is testing charging users $1/year with the idea that will keep out bots and spam. It's an appealing idea …
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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
Discussion:
@support, Cointelegraph, X, CoinDesk, Scott C. Lemon on LinkedIn, @dieworkwear, The Overspill, CBS News, Fox Business, Observer, Ars Technica, PC Gamer, Techdirt, New York Post, Boing Boing, The Ankler, Shacknews, Global News, The Hill, UPI, @rahaeli.bsky.social, NPR, Rolling Stone, KNSD-TV, Mediaite, @kyliebytes, @lexnfx, The Messenger, IGN, Los Angeles Times, Reuters, The Guardian, 9to5Mac, The Information, The Hollywood Reporter, @pixel@desu.social, Ben Shute on LinkedIn, Insider, KRQE-TV, @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, The Wrap, @billbennett@mastodon.nz, @venya@musicians.today, @evacide@hachyderm.io, @mike_isaac@threads.net, @thekenyeung@mastodon.social, @megmac@social.treehouse …, The Sun and Engadget
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