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9:45 PM ET, October 20, 2024

Mediagazer

 Top News: 
Madeleine Speed / Financial Times:
Filing: Sky reported a £224M operating loss in 2023, up from £111M in 2022, revenue flat at £10.2B, amid increased investment in sports, film, and TV production  —  Media and telecoms group betting on sports coverage to give it a competitive edge
Discussion: The Desk, The Guardian, Sky UK and Telegraph
Shaun Walker / The Guardian:
A profile of Pablo González, a Spanish reporter arrested by Poland for spying who was among those released to Russia in exchange for Evan Gershkovich and others  —  As a Spanish reporter, Pablo González charmed his way into Russian opposition circles and covered Putin's wars.
Alexandre Rajbhandari / Bloomberg:
Berkshire Hathaway now has a stake of ~32.5% in Sirius XM's publicly traded stock, having become the top holder last month; Sirius XM's shares are down ~50% YTD  —  Berkshire Hathaway now has a stake of about 32.5% in Sirius XM's publicly traded stock, having become the top holder last month.
CNN:
A federal judge issues a restraining order against Florida's surgeon general for threatening TV stations with criminal charges for airing a pro-abortion ad  —  New York CNN —  —  “To keep it simple for the State of Florida: it's the First Amendment, stupid.”
Marina Adami / Reuters Institute:
Experts discuss Italy's declining press freedom under Giorgia Meloni's government, legal threats to journalists, public broadcaster RAI's independence, and more  —  As two reports point to political interference, three experts discuss the risks posed by litigation and the future of the country's public broadcaster
Alex Ritman / Variety:
The BFI London Film Festival pulls the documentary Undercover: Exposing the Far Right at the last minute over safety concerns  —  A documentary exposing a network of far-right activists in the U.K. has been pulled from the BFI London Film Festival at the last minute over safety concerns.
Matilda Battersby / The Bookseller:
Penguin Random House amends its copyright notice globally to prohibit the use of books for training AI; the notice will be included in new titles and reprints  —  The world's biggest trade publisher has changed the wording on its copyright pages to help protect authors' intellectual property …
Financial Times:
Filings: Nigel Farage has increased his shares in GB News from 300K shares to 500K, and George Farmer, former CEO of Parler, has become an investor  —  City fund manager Helena Morrissey and chief executive Angelos Frangopoulos also awarded extra stock  —  Nigel Farage has increased …
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.
RELATED:
Reuters:
Netflix gained 5.1M new subscribers in Q3, vs. 4M est., and says more than 50% of signups were for its ad-supported tier in countries where it was available
 
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 More News: 
Richard J. Tofel / Second Rough Draft:
Some Knight Foundation grantees detail funding issues, including long delays after approval, and say they've been told it is pausing most grants through H1 2025
Kirsten Eddy / Pew Research Center:
Pew: 37% of Republicans and 38% of Democrats trust information from social media; 40% of Republicans and 78% of Democrats trust national news organizations
Discussion: Raw Story and Fox News
 Earlier Picks: 
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%
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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