Mediagazer: Google adds generative AI text and image features to its Performance Max ad platform, rolling out in beta to US advertisers in 2023 and more countries in 2024 (Matt G. Southern/Search Engine Journal)

Katie Robertson / New York Times:

The New York Times reports Q3 revenue up 9.3% YoY to $598.3M, an $89.8M adjusted operating profit, 10M+ subs, and subscription revenue up 15.7% YoY to $282.2M — The company reported an adjusted operating profit of $89.8 million in its latest quarter, up from $69 million a year earlier.

Discussion: Poynter, Bloomberg, The Wrap, Jordan Jacobson on LinkedIn, Reuters, The New York Times Company, @ericliptonnyt, @pressgazette, Claudio E. Cabrera on LinkedIn and @sdkstl

Jeremy Barr / Washington Post:

Experts criticize NBC News for partnering with Salem Media, a promoter of 2020 election denialism and producer of 2000 Mules, for the third GOP primary debate — How Salem Media Group — a powerful network of pro-Trump talk-radio programming and producer of the discredited ‘2000 Mules’ documentary …

The Guardian:

UK publisher Reach plans to cut 450 jobs as part of proposals to trim operating costs by 5% to 6% in 2024; in January, Reach laid off 200 staff to save £30M — Reach says job losses part of plans to reduce costs by 5% to 6% in 2024 and accelerate digital-first strategy

Discussion: Press Gazette, @rachelmcgrath, @nujofficial, @joshi, London Evening Standard, National Union of Journalists …, @gareth_davies09, @joshneicho, Reuters, Telegraph, @taj_ali1, @pressgazette, @josiahmortimer and HoldtheFrontPage

Brian Steinberg / Variety:

WBD reports Q3 revenue up 1% YoY to $9.9B, a $417M net loss, down from a $2.31B loss YoY, global DTC subscribers fell 0.7M to 95.1M, and ad revenue fell 12% YoY — The owner of CNN, the Warner Bros. studio and the Max streaming service said its net loss narrowed to $417 million …

Discussion: Ad Age, Reuters, MediaPost, Forbes, Variety, The Wrap, Hollywood Reporter, @jbflint, @jbflint, @bristei, @jbflint, @jbflint, @jbflint and Warner Bros. Discovery

Reuters:

OCCRP co-founder Drew Sullivan says analysis shows government-tied hackers tried to plant NSO spyware on Indian journalist Anand Mangnale's iPhone on August 23 — Government-backed hackers tried to plant spyware made by NSO Group on the iPhone of an Indian journalist working for the Organized Crime …

Kenneth Chang / New York Times:

Nature retracts a high-profile paper on the discovery of a superconductor, the second paper by Ranga P. Dias retracted by the journal in just over a year — It was the second paper led by Ranga P. Dias, a researcher at the University of Rochester, that the journal Nature has retracted.

Discussion: Ars Technica, Nature, @dangaristo, @ionerrea, Las Vegas Review-Journal and TechCrunch

Salvador Rodriguez / Wall Street Journal:

Meta plans to require advertisers to disclose running political ads with media altered by AI or other software, starting in early 2024, ahead of the US election — Facebook parent said new policy to go into effect beginning next year, ahead of U.S. presidential primaries

Discussion: CNN, Washington Post, @andymstone, @andymstone, Reuters, Insider, Bloomberg, The Verge, TechCrunch, Engadget, Search Engine Journal, The Hill, New York Times, The San Diego Union-Tribune, Marketing Beat and MediaPost, more at Techmeme »

Hanaa' Tameez / Nieman Lab:

How the Financial Times, The New York Times, Vox, The Times of India, CNN en Español, and other news publishers are using WhatsApp Channels to share news — We talked to the Financial Times, La Nación, The New York Times, Vox, Chilango, the Times of India …

Discussion: New York Times, Insider, @ishaantharoor, @niemanlab, @damianradcliffe, @hanaatameez and David Cohn on LinkedIn, more at Techmeme »

Brent Lang / Variety:

An interview with Chairman of Netflix Film Scott Stuber on scaling back annual film releases to focus on quality, being more selective in bidding wars, and more — In 2018, “Saturday Night Live” captured the public perception of Netflix as a ceaseless river of content.

Discussion: The Streamable, @variety, The Hollywood Reporter, @brentalang and @lanceulanoff

Peter Biskind / The Hollywood Reporter: An excerpt from “Pandora's Box: How Guts, Guile, and Greed Upended TV” details how Netflix changed the entertainment industry with Originals and binge-watching

Jesse Whittock / Deadline:

ITV reports revenue up 1% YoY to £2.98B in January to September, ad revenue down 7% YoY, Studios revenue up 9% YoY to £1.52B, digital sales up 23% YoY to £340M — - Brit List 2023 Revealed: Family Adventure Feature On Dyslexic School Kid Sent To Stay With ‘Super Gran’ Tops List

Discussion: The Guardian, Financial Times, Broadband TV News and Advanced Television

Jennifer Maas / Variety:

Nexstar reports Q2 net revenue down 10.8% YoY to $1.1B, adjusted EBITDA down 51.9% YoY to $236M, a $60M loss for the CW, and core ad revenue down 2.3% to $391M — Nexstar reported its third-quarter 2023 earnings Wednesday, revealing TV ad revenue was down overall 23% for the July-September quarter.

Discussion: TVNewsCheck, Nexstar Media Group, Inc. and The Hollywood Reporter

Caitlin Huston / Hollywood Reporter:

Spotify now offers US paid subscribers 15 hours of free access to 200K+ audiobooks per month, after launching the service in the UK and Australia on October 3 — The podcast and music platform will offer U.S. paid subscribers 15 hours of free listening to audiobooks as it continues its rollout of the new offering.

Discussion: Publishers Weekly, Variety, TechCrunch, Billboard, Spotify, The Bookseller, The Verge, 9to5Mac, @yogscastlewis, @richontech, @engineering_bae and @spotifynews, more at Techmeme »

Margi Murphy / Bloomberg:

Ahead of the 2024 US election, Microsoft plans to offer a new free tool to help US politicians fight deepfakes by authenticating their videos and photos — - Tool offering comes as concerns grow over fake photos, videos — Microsoft says Russia is ‘huge’ cyber, disinformation threat

Discussion: The Wrap, @rumtin and The Verge, more at Techmeme »