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6:00 PM ET, October 28, 2023

Mediagazer

 Top News: 
David Zweig / Silent Lunch, The David Zweig Newsletter:
How a mistranslation or copying bad reporting may have led to wide coverage that 500+ people died in the Gaza hospital blast; no outlet quoted a primary source  —  I asked a dozen reporters and news outlets for the source of a statement they attributed to Hamas.  None of them answered.
Ivan Mehta / TechCrunch:
Adam Mosseri says Threads is working on an API, despite concerns that “it'll mean a lot more publisher content and not much more creator content”  —  Instagram head Adam Mosseri said today that a Threads API is in the works.  This will give chance to developers to create different apps and experiences around Threads.
Edward Ludlow / Bloomberg:
Source: during an all-hands, Elon Musk and Linda Yaccarino referenced ambitions to create XWire, a press release service that would rival Cision's PR Newswire  —  Executives at X, the social media site formerly known as Twitter, said they see YouTube and LinkedIn as future competitors …
GB News:
Former UK PM Boris Johnson plans to join GB News as a presenter, program maker, and commentator in 2024, ahead of the UK general election and the US elections  —  Former Prime Minister Boris Johnson will play a key role on Britain's news channel  —  Former Prime Minister Boris Johnson …
Daniel Frankel / Next TV:
Morgan Stanley: Google will lose $1.2B+ in the 2023 season of YouTube TV's NFL Sunday Ticket, with annual losses projected to reach $1.4B+ by the 2029 season  —  Bank's equity research unit forecasts heavy losses on the out-of-market games package through 2029
Emma Roth / The Verge:
Todd Spangler / Variety:
A360Media-owned Soap Opera Digest is ending its weekly print run; the daytime drama magazine first launched in 1975 with its circulation peaking at 1.5M in 1991  —  Staffers were informed of the decision Friday, according to sources.  A spokesperson for a360Media, the company that owns the brand …
Gene Maddaus / Variety:
SAG-AFTRA and studios plan to keep talking over the weekend; thousands of union members signed a letter saying they'd keep striking rather than take a bad deal  —  The sessions may be held virtually, rather than in person.  —  The two sides met on Friday for the third day this week at SAG-AFTRA headquarters.
Rick Porter / Hollywood Reporter:
Hasan Minhaj records a video in which he calls The New Yorker's profile of him “so needlessly misleading”; the magazine defends its work as “carefully reported”  —  The comedian releases a 20-minute video to THR giving his perspective on the profile, which accused him of fabricating details in his stand-up.
Zachary Small / New York Times:
Artforum fires EIC David Velasco after the prestigious outlet's open letter on the Israel-Hamas war “was widely misinterpreted as a statement from the magazine”  —  David Velasco was removed after the magazine's publishers said there was a flawed editorial process behind …
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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 More News: 
Alex Weprin / The Hollywood Reporter:
Charter lost 320K video customers in Q3 2023, citing the Disney carriage dispute in September, compared to 211K video customers the cable giant lost in Q3 2022
 Earlier Picks: 
Jason Kilar / Variety:
As linear TV wanes and YouTube and TikTok grow, Hollywood studios and sports leagues need to jointly deliver a product that 9 out of 10 households choose to buy
Josh Gerstein / Politico:
A federal judicial panel denies live TV coverage of two Donald Trump criminal trials set for 2024, after requests from some news outlets and 38 US House members
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
 

 
From Techmeme:

Cecilia D'Anastasio / Bloomberg:
Take-Two announces a fall 2025 release date for GTA VI, reports Q4 bookings down 3% YoY to $1.35B, and lowers its FY 2025 bookings forecast from $7B+ to $5.55B+

Carl Franzen / VentureBeat:
OpenAI says ChatGPT can now directly import files from Google Drive and Microsoft OneDrive, available to Plus, Team, and Enterprise users

Wall Street Journal:
DOJ charges five people for allegedly duping 300+ US companies into hiring North Korea-linked remote IT workers and helping fund the country's nuclear program

 
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