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9:05 PM ET, October 30, 2024

Mediagazer

 Top News: 
New Jersey Digest:
The Star-Ledger, New Jersey's largest newspaper, plans to end its print edition on January 30, 2025, citing growing costs and a shrinking demand for print  —  The Star-Ledger, New Jersey's largest newspaper, will stop publishing its print edition on January 30, 2025, transitioning fully to a digital format.
Sarah Scire / Nieman Lab:
A broad group of news outlets attracted new subscribers after WaPo's lack of an endorsement for president; The Philadelphia Inquirer gained 4,200+ subscribers  —  The Philadelphia Inquirer had its best week for new subscriptions ever and The Guardian U.S. broke its single-day fundraising record — twice.
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David Folkenflik / NPR:
The LA Times has lost 10,000 to 18,000 subscriptions, or up to 4.5% of its subscribers, since owner Patrick Soon-Shiong axed the paper's Harris endorsement
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
Alexandra Canal / Yahoo Finance:
Roku reports Q3 revenue up 16% YoY to $1.06B, vs. $1.02B est., 85.5M streaming households, up 2M QoQ, and Q4 guidance below est.; ROKU drops 11%+ after hours  —  Roku (ROKU) stock fell more than 10% in after-hours trading on Wednesday after the company's Q4 guidance disappointed …
Discussion: Media Play News
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Caitlin Huston / The Hollywood Reporter:
Roku will stop giving quarterly updates on the number of streaming households and average revenue per user, starting Q1 2025, following Netflix's footsteps  —  “Our business has also grown and evolved, and we are now primarily focused on growing Platform revenue and profitability," the company said in the Q3 shareholder letter.
Upmanyu Trivedi / Bloomberg:
Google faces increasing legal challenges from Russia and fines in non-US courts, after YouTube blocked three Russian channels following the invasion of Ukraine  —  Law experts raise concerns about nationalism rearing its head in courts around the world  —  When YouTube blocked three Russian channels …
Washington Post:
CCDH: of 283 X posts in 2024 with false election claims that Community Notes members had responded to, only 20 had notes with enough votes to be publicly shown  —  X's crowdsourced fact-checking program has been hailed as a bold idea for social media.  Research shows it's failing at a critical moment.
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Kyle Orland / Ars Technica:
How The New York Times used LLMs to help reporters sort through hundreds of hours of audio to report on the Republican-affiliated Election Integrity Project  —  But a recent New York Times story highlights the other side of that coin, where AI models simply become a powerful tool aiding …
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.
Peter White / Deadline:
The Grammys, which have aired on CBS for over 50 years, will air on ABC, Hulu, and Disney+ starting from 2027, as part of a 10-year deal  —  The Grammy Awards ceremony, which has aired on CBS for over 50 years, has a new home.  —  Disney has snatched the rights to the annual music awards show …
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.
Alex Weprin / The Hollywood Reporter:
Amazon invests in Spotter, a creator platform that counts MrBeast as a client and provides capital and tools to creators, as part of a wider partnership  —  Spotter, which counts MrBeast, Deestroying, and Dude Perfect as clients, will give the tech giant new ways to monetize content …
 
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 More News: 
Variety:
Barcelona-based Grup Mediapro launches a €1B sports rights brokering fund, targeting established and emerging sports
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
 Earlier Picks: 
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
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
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