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5:55 PM ET, October 28, 2024

Mediagazer

 Top News: 
David Folkenflik / NPR:
Sources: more than 200,000 people had canceled their WaPo digital subscriptions by midday Monday, or ~8% of the paper's paid circulation of 2.5M subscribers  —  The Washington Post has been rocked by a tidal wave of cancellations from digital subscribers and a series of resignations from columnists …
RELATED:
Max Tani / Semafor:
Guardian US received $1.1M in pledges after a note to readers noted its endorsement of Harris, the biggest single fundraising day for the paper's US operation  —  The Washington Post's competitors moved quickly to fill the space it vacated when it shifted from being a bulwark …
Max Tani / Semafor:
Two more Washington Post opinion writers resign from its editorial board: David Hoffman, who accepted a Pulitzer Prize last week, and Molly Roberts  —  The Scoop  —  Two more Washington Post opinion writers resigned from its editorial board Monday as the paper reels into the US election amid an identity crisis.
RELATED:
CNN:
WaPo CEO Will Lewis says “I do not believe in presidential endorsements” and Bezos “was not sent, did not read and did not opine on any draft” of an endorsement
Hadas Gold / CNN:
Some current WaPo journalists say they have no problem with the editorial board not endorsing in any situation, but the timing of the announcement is troubling
Washington Post:
A group of 19 WaPo columnists says it's the wrong time to not endorse for president, as one candidate advocates for positions that threaten freedom of the press
Karin Klein / The Hollywood Reporter:
An LA Times writer who resigned says the decision to pull a Harris endorsement so late is the “opposite of the neutrality” Soon-Shiong “professes to seek”  —  I respect owner Patrick Soon-Shiong's right to interfere with editorials; that is one place where he ethically can do so.
RELATED:
New York Times:
Patrick Soon-Shiong says his daughter did not speak for LA Times after she said the decision not to endorse a candidate was due to Harris' stance on Gaza war
Jennifer Maas / Variety:
Netflix adds a Moments feature on iOS, letting users save, rewatch, and share scenes across Instagram, Snapchat, and others, and plans an Android launch soon  —  Netflix just added a way for you to watch that carriage scene from “Bridgerton” over and over and over again — and share it with your friends — without breaking a sweat.
CTV News:
Canada's media regulator grants Google a five-year exemption from the Online News Act, orders it to pay $100M to Canadian Journalism Collective within 60 days  —  OTTAWA -  —  The Canadian Radio-television and Telecommunications Commission has granted Google a five-year exemption from the Online News Act …
Jem Aswad / Variety:
Concord, one of the world's largest independent music companies, raised $850M in senior notes backed by its catalog of music assets that is valued at $5B  —  Concord, one of the world's largest independent music companies, has successfully closed a new series of $850 million in financing to “fuel strategic growth and acquisition.”
Wall Street Journal:
Dana Walden, co-chair of Disney's entertainment unit and a CEO hopeful, and Kamala Harris' friendship has become a minefield of partisan US politics  —  Kamala Harris and Disney executive Dana Walden have found themselves in remarkably similar situations
Discussion: TVNewsCheck
Keir Starmer / The Guardian:
Keir Starmer says the UK recognizes “the basic principle” that outlets should “seek payment for their work” in AI training, and vows to fight SLAPP lawsuits  —  Whether it is online intimidation, journalists imprisoned abroad or the cynical use of Slapp lawsuits …
 
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 More News: 
Liam Reilly / CNN:
Comedy Central says Jon Stewart will extend his time hosting The Daily Show through December 2025
Brian Stelter / CNN:
How “video clippers” who cut and share standout moments from campaign events and cable newscasts on social media are driving news coverage in the 2024 election
Jesus Jiménez / New York Times:
Amazon Prime Video says the final season of Good Omens will be one 90-minute episode, after allegations against co-writer Neil Gaiman covering 1986 to 2022
Lucas Shaw / Bloomberg:
Sources: even though Warner Bros. outbid Amazon for Wuthering Heights, Amazon's proposal had a one month theater-only window and a streaming pay per view offer
 Earlier Picks: 
New York Times:
California Gov. Gavin Newsom proposes increasing the film tax incentive program from $330M to $750M annually; the proposal needs State Legislature approval
Financial Times:
Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns