Top News:
Edward Helmore / The Guardian:
Source: WaPo subscription cancellations hit 250,000 on Tuesday, or 10% of subscribers, since October 25, based on the number of cancellation emails sent out — Reader backlash against decision not to make presidential endorsement rolls on despite Bezos defense of decision
Discussion:
@craig.forman@threads.net, MediaPost, Minneapolis Star Tribune, Techdirt, Poynter, @hadas_gold, @craig.forman@threads.net, @jakeadelstein, Newser, @genevaoh@threads.net, @GossiTheDog@cyberplace.social, @craig.forman@threads.net, @stacycowley, @myhlee, @kenvogel, Le Monde.fr, Daring Fireball, @Balkingpoints@mastodon.online, The Handbasket, @edmundlee@threads.net, Gizmodo, @nelson@tech.lgbt, @carlmalamud@official …, @mpm@mstdn.social, The Wrap, Fox News, The Hill, Crooked Timber and Washington Post
RELATED:
Erik Wemple / Washington Post:
Jeff Bezos' decision to block the WaPo's presidential endorsement might be a cowardly and unprincipled decision, but he is acting within his rights as the owner
Discussion:
Palo Alto Online, Just Security, Poynter, Washington Post, Heartland Signal, Fortune, The Drum, Washington Examiner, Defector, Patterico's Pontifications, Associated Press, The American Conservative, The Atlantic, The Independent, RedState, Newser, Variety, DNyuz, KDFX-TV, Society of Professional …, Daily Caller News Foundation, The Hill and CNBC
Semafor:
WaPo subscribers canceling shows how much its anti-Trump stance was marketing, as many seemed to be there for the mission, not necessarily the content
Discussion:
Platformer, @davidfolkenflik, @jayrosen_nyu, Axios, @edzitron, Townhall, City & State New York, Fox News, The National Pulse, @pkafka, @matthewstoller, @baseballcrank, @markmaxwelltv, @bonchieredstate, @benthomasnz, @ethangach, @davidfolkenflik, @semaforben, UnHerd, @harrietvane.bsky.social, @busbyj2.bsky.social, @petesouza@threads.net, @daveweigel.bsky.social, Slate, Press Gazette, Breitbart, Quartz, Poynter, The Gateway Pundit, Newser, Financial Times, GeekWire, The Hill, Mediaite, NPR, Bloomberg, Daily Press, Business Insider, The Dworkin Report, HuffPost, The Wrap, New York Magazine and Variety
Neel Dhanesha / Nieman Lab:
A decade after the Serial podcast launched, public radio executives say they think true crime podcasts can bolster interest and support for their organizations — Amid the downturn in audio, some executives think the public radio model — with a dash of true crime — might provide a way forward.
Discussion:
Nieman Lab and Nieman Lab
Mike Allen / Axios:
Sources: NBC News plans to promote Way Too Early host Jonathan Lemire as the co-host of the “Morning Joe” 9am hour in January 2025 — - His Red Sox obsession gives him plenty to banter about with Scarborough and co-host Willie Geist — along with Liverpool soccer, “Star Wars,” presidential biographies and table tennis.
Discussion:
RedState, @maxwelltani and Raw Story
Todd Spangler / Variety:
An amended FCC filing shows that Skydance CEO David Ellison will hold 100% of the Ellison family's voting interests in the combined Paramount-Skydance company — Prior documentation indicated that Oracle founder Larry Ellison would be majority owner of National Amusements Inc.
Discussion:
Adweek, TVNewsCheck, @femme_mal@mstdn.social, TVNewsCheck, The Wrap, Bloomberg, Deadline and The Hollywood Reporter
Amanda Meade / The Guardian:
Australia's ABC Chair Kim Williams says pursuing “digital titans for a fair cut of the revenues drained from mainstream journalism” is a “democratic imperative” — Kim Williams says funding local news and public interest journalism is crucial in a world where 'the distortion …
Discussion:
Crikey
Jeff Jarvis / Columbia Journalism Review:
Journalists and liberal critics blast the NYT and other US news outlets for “sanewashing”, false equivalence, and more, and call for sharper political reporting — From sanewashing to false equivalence, many readers have had it with their favorite news publications. Editors would do well to listen.
Todd Spangler / Variety:
YouTube Q3 ad revenue grew 12.2% YoY to $8.92B, vs. $8.89B est.; total ads and subscription revenues passed $50B over the past four quarters for the first time — YouTube generated a cool $8.92 billion in advertising revenue for the third quarter of 2024 as the world's biggest video-streaming …
Discussion:
Adweek, Alphabet Inc., The Information, MediaPost, MEDIANAMA, Music Ally, The Verge, @adamsinger, @mathewi, TVNewsCheck, @deedydas, Lisa Luu on LinkedIn, City A.M., Peter Pulm, Ph.D. on LinkedIn, Ajay Vij on LinkedIn, Venkatesh Basker on LinkedIn, Sachin Duggal on LinkedIn, @lucas_shaw, YourStory.com, Digital Music News, Benzinga, The Register, SiliconANGLE, Capital Brief, Stratechery, Cord Cutters News, The Desk, Reuters, Fortune, The Wrap, Quartz, ZeroHedge News, Investor's Business Daily, @philthepill.bsky.social, 9to5Google, Deadline, The Hollywood Reporter, CNBC and Media Play News, more at Techmeme »
Variety:
Barcelona-based Grup Mediapro launches a €1B sports rights brokering fund, targeting established and emerging sports — Grup Mediapro, the Barcelona-based global holding including The Mediapro Studio, is launching and will manage a €1 billion ($1.1 billion) sports rights brokering fund …
Chris Roush / Talking Biz News:
Consumer Reports gets a $5M investment from Craig Newmark Philanthropies to conduct new investigations into cyber harms, AI systems, privacy concerns, and more — Consumer Reports has received a a new investment of $5 million from Craig Newmark Philanthropies that will accelerate its vision …
Discussion:
Innovation at Consumer Reports and @consumerreports
Jeremy Fuster / The Wrap:
SAG-AFTRA announces a deal with Ethovox, an AI company building a “foundational voice model” based on voices of members, who would get an ongoing revenue share — The company, owned and run by voice actors, will guarantee consent and compensation for union members with whom it works
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 15% YoY to $1.37B vs. $1.36B est., DAUs up 9% YoY to 443M, issues light Q4 guidance, and announces $500M stock repurchase program — Snap reported better-than-expected third-quarter results on Tuesday, but issued light fourth-quarter guidance. The stock slipped in extended trading.
Discussion:
Adweek, Music Ally, Barron's Online, Reuters, Business Insider, Motley Fool, Bloomberg, Mumbrella, Snap Inc., Investor's Business Daily, Benzinga, Deadline, The Hollywood Reporter and Snap Inc.
Jonathan Vanian / CNBC:
Reddit reports Q3 revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est., ARPU of $3.58, vs. $3.24 est.; RDDT jumps 24%+ — Reddit shares jumped 16% in extended trading on Tuesday after the social media company reported third-quarter results …
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