Top News:
Annie Palmer / CNBC:
Amazon Q3: ad revenue up 26% YoY to $12B, vs. $10.4B est., subscription revenue up 14% YoY to $10.1B, and North America segment sales up 11% YoY to $87.9B — - Amazon blew past analyst expectations for revenue and earnings in the third quarter. — Andy Jassy, CEO, Amazon
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Dade Hayes / Deadline:
Amazon CEO Andy Jassy says the company has “barely scraped the surface” in figuring out how to integrate advertising with its video and commerce offerings — - Comcast Faces Skepticism On Wall Street As Ad Decline Accelerates, Strike Toll Mounts And Broadband Experiences Buffering
Discussion:
Variety, @damon.kiesow.net, NBC 7 San Diego, The Information and The Register, more at Techmeme »
Jason Kilar / Variety:
As linear TV wanes and YouTube and TikTok grow, Hollywood studios and sports leagues need to deliver a product so good that 9 out of 10 households will buy it — Hollywood is hurting. The financial backbone of the industry — linear television — is rapidly shrinking as consumers continue to cut the cord at alarming rates.
Discussion:
Cord Cutters News, The Information, Manuel Urrutia on LinkedIn, Alex Kruglov on LinkedIn, @variety_cynthia, @manolourrutia, @jonfriedman, @loudmouthjulia, @derekeb, @phillipsrelic, @mrluisduran, @jasonkilar, @jasonkilar, @jasonkilar, @jasonkilar, @jasonkilar, @jasonkilar, @jasonkilar, @jasonkilar, @jasonkilar, @consider8media and @aagave
Josh Gerstein / Politico:
A federal judicial panel says it cannot allow live TV coverage of two Trump criminal trials set for next year, after requests from media and 38 US House members — A courts committee says it lacks authority to modify a broadcasting ban in time for the historic criminal cases against the former president.
Discussion:
New York Times, The Messenger, PolitiFact, @joshgerstein, @lawofruby, @joannesapelo and @andrear9md
Will Sommer / Washington Post:
Staff at USA Today's Reviewed say Gannett is undermining them by publishing articles that appear to be AI-generated and using fake bylines, which Gannett denies — Staff writers at Reviewed suspect that management published stories written by AI under the names of non-existent writers.
Discussion:
Poynter, @mikekrumrei, @michaleen, @niallstanage, @jmhaigh, Djordje Padejski on LinkedIn, Eric Anderson on LinkedIn, @jon@henshaw.social, The Verge, @gaufre, @scottnover, Pam Mandel on LinkedIn, Pam Mandel on LinkedIn, Stephen Perrine on LinkedIn, @bcmerchant, Chad Capellman on LinkedIn, @bcmerchant, @bcmerchant, @bcmerchant, @bcmerchant, Bill McDowell on LinkedIn, The Daily Beast, @MattHodges@mastodon.social, @nyguild, Peter Frank on LinkedIn, @bcmerchant, @jademc07, Matt Sabo, M.S. on LinkedIn, @weischoice and Awful Announcing
Brian Stelter / The Hollywood Reporter:
Conversations with 24 employees from ABC, NYT, and other outlets reveal the challenges of covering the Israel-Hamas war, including disinformation and defamation — An inside look at how correspondents are juggling online harassment even as they dodge the dangers of real-time reporting in the escalating conflict.
Discussion:
@jackiedstrause, @brianstelter, @brianstelter, @alexweprin, @mohammrafik, The Economist, Vanity Fair, IndieWire and Bollyinside
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The Daily Beast:
Al Jazeera reports that the wife, son, and daughter of its Gaza bureau chief, Wael Al-Dahdouh, were killed by an Israeli airstrike on the Nuseirat refugee camp
Discussion:
@moawady, CNN, New York Times, Wall Street Journal, The Messenger, Al Jazeera, @ryangrim, @joshuaphilll, @still_oppressed, Mediaite, @sanasaeed, @lowkey0nline, @sumayaawad, BBC, @ajenglish, @malonebarry, @omarbaddar, @raniakhalek, @seanmccarthycom, @adamelmahrek, @jerryiannelli, @acdha@thepit.social, Middle East Eye, Mediaite, @ajenglish, @willmenaker, @alexcrawfordsky, @fahrettinaltun, @shivaroor, @shashikalb, @imraansiddiqi, @moawady, Reuters, Washington Post, The Indian Express, The Guardian, The Hill, Bollyinside, @aidan_mclaughlin@threads.net, Al Jazeera, @sinabhfuil@mastodon.ie, The Times of Israel, Al Jazeera and @XLCChelt@mastodonapp.uk
Deadline:
SAG-AFTRA and the AMPTP agree to meet again on October 27; union chief negotiator Duncan Crabtree-Ireland earlier said he was “cautiously optimistic” — EXCLUSIVE: SAG-AFTRA's chief negotiator Duncan Crabtree-Ireland said it on the picket lines earlier Thursday, and now it seems that …
Discussion:
Variety, The Wrap, The Wrap, Bleeding Cool News, Looper, Hollywood Reporter and TVLine
Mark Miller / TVNewsCheck:
Nexstar and ReachTV announce a distribution deal for NewsNation and The CW's sports programming, reaching 500K hotel rooms and 2,500+ TVs across 90+ US airports — Nexstar Media Group and ReachTV today announced that they are partnering to extend the distribution of Nexstar's cable news network NewsNation …
Discussion:
Next TV, Radio & Television …, Streaming Better and Cord Cutters News
Washington Post:
Although creators are an economic juggernaut in the US, the industry remains broadly unregulated and largely fails to appear in the Census Bureau's job index — The U.S. Census Bureau tallies for the federal government an extensive list of 22,607 American industries, recognizing those who work …
Daniel Thomas / Financial Times:
Bloomsbury CEO Nigel Newton says generative AI steals copyrighted work and says UK leaders should support the Digital Markets, Competition, and Consumers Bill — Group that launched Harry Potter series says copyright not sufficiently being protected — The chief executive of Bloomsbury Publishing …
Discussion:
@dcnorg, Mark Montgomery on LinkedIn and Reuters
Tristan Kirk / London Evening Standard:
The Noel Clarke vs. The Guardian libel trial begins; the actor sued the newspaper for £10M for calling him a “sexual predator”, based on testimony from 20 women — TV star says Guardian articles that accused him of sexual misconduct and bullying had ‘catastrophic’ impact on his career
Discussion:
Variety and The Messenger
Stuart Dredge / Music Ally:
CISAC: for 5M+ creators in music, AV, drama, literature, and visual arts, digital royalties rose 33.5% YoY to €4.17B in 2022, making up 35% of global royalties — - Click to email a link to a friend (Opens in new window) — Global collecting societies body Cisac has published …
Discussion:
Music Week, CISAC and Reuters
Wall Street Journal:
Private equity firm Silver Lake, which owns ~71% of Endeavor Group Holdings's voting stake, is working on a plan to take the company private; EDR jumps 24%+ — The owner of WME and IMG said it was exploring options, but will keep its majority interest in TKO, the company that controls UFC and WWE
Discussion:
Silver Lake Partners, The Messenger, @jbflint, Sportico, Reuters, Deadline, Awful Announcing, Front Office Sports, The Information, Variety and The Wrap
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Mike Calia / CNBC:
Endeavor, Ari Emanuel's talent agency and sports company, announces a formal review of strategic alternatives for the company, which could mean a potential sale
Discussion:
New York Post, Business Wire, @sherman4949, @jbflint, Front Office Sports, Los Angeles Times, CNN, NBC 7 San Diego, Bloomberg, Hollywood Reporter and The Wrap
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