Top News:
Steven Waldman / Columbia Journalism Review:
Jeff Bezos should donate The Washington Post to a public charity that maintains its quality and independence, as he is too financially compromised to own it — His conflicts of interests are insurmountable. He can take a heroic path to strengthen journalism.
Discussion:
Washington Post, Harrie Vredenburg on LinkedIn, @tvgrimreaper, Newser, Lauren Gustus on LinkedIn, @nypoet, @glastris, @ckrewson, @froomkin, @mediaevan, @dicktofel, @mikeelk, @margotroosevelt, @ddimick, @lenfestinst, @rich1, @stevenwaldman, Hard-G History, @kegill@mastodon.social, Chris Rauber on LinkedIn, @heidilifeldman@mastodon …, Semafor, @GossiTheDog@cyberplace.social, @genevaoh@threads.net and r/Journalism
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Oliver Darcy / Status:
Sources: potential buyers line up in case Jeff Bezos ever sells WaPo, including Kara Swisher, who would assemble investors and seek to merge it with Vox Media — Potential suitors for The Washington Post are eagerly positioning themselves, waiting for the day in which Jeff Bezos might choose …
Discussion:
Politico, @oliverdarcy.bsky.social and @wagatwe.com
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.
Dade Hayes / Deadline:
In its Q3 earnings call, Comcast CEO Mike Cavanagh says the company is weighing spinning off its cable networks and open to “partnerships in streaming” — Comcast President Mike Cavanagh delivered an eye-opening update to investors on this morning's third-quarter earnings call …
Discussion:
Wall Street Journal, TVNewsCheck, Variety, MediaPost, The Desk, New York Times, Advanced Television, Adweek, The Hollywood Reporter, WORLD SCREEN and CNBC
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Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock's Q3 losses fell to $436M, down from $565M in Q3 2023, revenue rose 82% YoY to $1.5B, and subscribers rose 3M from June to 36M
Discussion:
Sportico, TVNewsCheck, Deadline, The Wrap, The Streamable, Media Play News, IndieWire and Benzinga
Lillian Rizzo / CNBC:
Comcast reports Q3 net income down 10% YoY to $3.63B and revenue up 6.5% YoY to $32.07B; revenue for media, mainly composed of NBCU, rose 37% YoY to $8.23B
Discussion:
The Streamable, Light Reading, The Information, Variety, Reuters, Tv Technology, Bloomberg, Barron's Online, Cord Cutters News and Front Office Sports
Gerrit De Vynck / Washington Post:
OpenAI says ChatGPT Search draws on articles from the WSJ and others it has deals with, and will direct election-related queries to sources like AP and Reuters — The artificial intelligence developer's chatbot can now search and summarize the web. — SAN FRANCISCO — Artificial intelligence …
Discussion:
Financial Times, The Verge and Android Authority, more at Techmeme »
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Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google — The new option will let the chatbot's users search for timely information much as they would on the web.
Discussion:
Los Angeles Times, CNET, Adweek and The Cyber Express, more at Techmeme »
John O'Nolan:
Ghost's CEO details the organization's governance structure and says the open-source CMS generates ~$7.5M in annual revenue and has been profitable for 12 years — Ghost is a distributed non-profit foundation which gives away all of its intellectual property under a permissive MIT license.
ProPublica:
An investigation finds eight deceptive operations on Meta's platforms that collectively controlled 340+ Pages and placed 160K ads to collect users' information — Co-published with Tow Center for Digital Journalism — Deceptive Political Ads: Eight deceptive advertising networks …
Discussion:
Marketing Dive, Forbes, AdExchanger and Tech Transparency Project, more at Techmeme »
Kali Hays / Fortune:
Internal memo: Block CEO Jack Dorsey says Tidal is in for another mass layoff; insiders say as many as 100 people could be laid off, or ~25% of Tidal's staff — Block CEO and founder Jack Dorsey wants streaming music app Tidal to operate like a startup again - and that means layoffs
Andrew Webster / The Verge:
Disney+ rolls out a top 10 list on the app's home screen, in line with Netflix, Max, Apple TV+, and Prime Video — As Disney Plus has grown, finding things to watch has become increasingly challenging. So the streaming service is rolling out a top 10 list featured on the home screen in hopes of improving discoverability.
Discussion:
Decider, BGR and The Walt Disney Company
Meta Investor Relations:
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% to $15.69B, and family daily active people up 5% to 3.29B on average for September 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
Ben Strauss / Washington Post:
A look at the feud over NFL reporters talking to players in locker rooms, after the players union cut off long-accepted access, calling the practice “outdated” — Journalists say locker-room access is critical to covering the league. Some players want to take the conversation outside.
Discussion:
Awful Announcing, @benjstrauss and Associated Press
Mia Sato / The Verge:
Fox, ABC, and others are broadcasting graphic and hateful ads paid for by political candidates during the World Series; the FCC requires stations accept the ads — The World Series between the Los Angeles Dodgers and the New York Yankees is in full swing, and millions of people in the US …
Discussion:
FOX 4 Kansas City WDAF-TV
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%+ — Roku (ROKU) stock fell more than 10% in after-hours trading on Wednesday after the company's Q4 guidance disappointed, despite the media player reporting …
Discussion:
Motley Fool, Streaming Better and Media Play News
RELATED:
Caitlin Huston / The Hollywood Reporter:
Starting in Q1 2025, Roku plans to stop giving quarterly updates on the number of streaming households and average revenue per user, following Netflix
Discussion:
StreamTV Insider, YourStory.com, Cord Cutters News, Roku Inc., Advanced Television, Motley Fool, Benzinga, Barron's Online, Reuters, Variety, Deadline, The Wrap and Bloomberg
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