Top News:
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B — LOS ANGELES — Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its advertising business continued to grow.
Discussion:
Netflix, Los Angeles Times, StreamTV Insider, The Streamable, Variety, The Wrap, IndieWire, Reuters, New York Times, Business Insider, Deadline, The Times, RTÉ, Quartz, Forbes, Benzinga, The Verge, Wall Street Journal, Yahoo Lifestyle, Deadline, The Hollywood Reporter, Entrepreneur, @lucas_shaw, Barron's Online and Bloomberg, more at Techmeme »
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Todd Spangler / Variety:
Netflix forecasts 2025 revenue of $43B-$44B, which would be 11%-13% higher than its 2024 guidance, and targets a 2025 operating margin of 28% vs. 27% in 2024 — Netflix is expecting to keep growing revenue at double-digit percentages in 2025. — In reporting Q3 2024 results that beat analyst forecasts …
Discussion:
The Information, Deadline and Business Insider, more at Techmeme »
Matthew Keys / The Desk:
Source: Sputnik no longer broadcasts around Washington, DC, or Kansas City, MO, after the State Department imposed new sanctions on Russian-backed broadcasters — Radio stations in two markets will be dropping their affiliation with Russia-backed programming distributor Sputnik by the end of the week, The Desk has learned.
Discussion:
Radio & Television …, Inside Radio and Voice of America
Brody Ford / Bloomberg:
Industry forums indicate payouts from Adobe to contributors to Adobe Stock, used to train AI, range widely from two to four figures for major video contributors — Adobe thinks it has found a cure for AI job anxiety: cash. But first... • ASML is being questioned by Dutch authorities …
Discussion:
Brody Ford on LinkedIn and MIDiA Research Blog
Meta:
Meta announces first results from its work with Blumhouse Productions on a pilot program seeking creative industry feedback on Meta's AI video model Movie Gen — We recently introduced Meta Movie Gen—a suite of AI models that show how you can use simple text inputs to produce custom videos and sounds …
Billy Binion / Reason:
The US Supreme Court revives the case of citizen journalist Priscilla Villarreal, who is suing Texas officials for her arrest over asking questions of police — Priscilla Villarreal's case is about whether certain reporters have more robust free speech rights than others.
Discussion:
CNN, Associated Press, @billybinion, @billybinion, @billybinion, @billybinion, @billybinion, @billybinion, Fox News, RedState, NPR, Reuters and r/Journalism
Hanaa' Tameez / Nieman Lab:
A year after its launch, The Guardian's European edition generates 15% of the company's pageviews, and one-time donations from European readers increased by 45% — After the launch of Guardian Europe, one-time donations from European readers increased by 45%.
Charlotte Tobitt / Press Gazette:
The UK's Sun begins rolling out a registration wall asking users to create an account and seems to be applying it mainly to content by its best-known writers — The Sun has begun rolling out a registration wall asking users to sign up for free to read certain stories.
Discussion:
One Man & His Blog
Matthew Keys / The Desk:
The FCC proposed a $147K fine against Disney's ESPN after the network used Emergency Alert System tones in promotional spots in 2023; ESPN can appeal — The Federal Communications Commission (FCC) has proposed a $147,000 fine against the Walt Disney Company's ESPN after the sports network …
Discussion:
Awful Announcing, Variety, TVNewsCheck, Reuters, Front Office Sports, FCC, Engadget, Radio & Television …, Cord Cutters News and @fcc
Alexandra Alter / New York Times:
ByteDance's publishing imprint 8th Note Press is expanding into print and plans to release 10-15 books per year, after launching as an ebook publisher in 2023 — ByteDance, the Chinese tech giant that owns TikTok, will focus its publisher, 8th Note Press, on popular genres such as romance, romantasy and young adult fiction.
Discussion:
The Information, Allison Moore on LinkedIn and Tubefilter, more at Techmeme »
Miles Kruppa / Wall Street Journal:
Prabhakar Raghavan will leave his role overseeing Google search and ads products, to be replaced by Nick Fox; Raghavan will become Chief Technologist — Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, is leaving the role after a four-year tenure leading …
Discussion:
TechCrunch, The Keyword, Barron's Online, BGR, The Information, Bloomberg, CNBC, The Verge and 9to5Google, more at Techmeme »
Sara Fischer / Axios:
Memo: Google will block US election ads after the polls close on November 5 to prevent misinfo about voting, including candidates prematurely claiming victory — - Google is implementing the policy “out of an abundance of caution and to limit the potential for confusion …
Discussion:
The Hill, @sarafischer, National Zero and AdExchanger, more at Techmeme »
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