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11:20 AM ET, November 2, 2024

Mediagazer

 Top News: 
Athena Stavrou / The Independent:
More than 230 media industry professionals, including anonymous BBC staff, sign a letter accusing the BBC of bias favoring Israel in coverage of Gaza  —  Exclusive: More than 230 media industry professionals sign letter sent to BBC director general Tim Davie  —  Your support helps us to tell the story
Dominick Mastrangelo / The Hill:
Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart  —  Hugh Hewitt has quit as a contributing columnist to The Washington Post, after storming out of a Post Live event on Friday morning …
CNBC:
Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M  —  The Greek media company Antenna Group is in talks to acquire Time Inc. from Salesforce co-founder Marc Benioff, according to people familiar with the matter.
April Rubin / Axios:
Trump's campaign files an FEC complaint claiming WaPo illegally contributed to Harris by running digital ads promoting its critical news coverage of Trump  —  - Trump's team said in its complaint that an ad campaign highlighting the Post's critical coverage of the former president amounted to …
RELATED:
Dominick Mastrangelo / The Hill:
Trump sues CBS News in a Texas court, claiming CBS engaged in election interference “through malicious, deceptive” editing of its 60 Minutes Harris interview
Washington Post:
How Trump could weaponize the FCC against the media in a second term, including to punish broadcasters that air unfavorable coverage  —  The somewhat obscure federal agency could be used to punish broadcasters that air unfavorable coverage as part of Trump's quest to rein in independent media.
Reuters:
Disney forms the Office of Technology Enablement to coordinate its use of emerging technologies, such as AI and mixed reality, to be led by CTO Jamie Voris  —  Walt Disney (DIS.N) is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence …
Josef Adalian / Vulture:
Holiday animated classics Rudolph the Red-Nosed Reindeer and Frosty the Snowman move to NBC in December, after airing on CBS for more than 50 years  —  After more than 50 years on CBS, Christmas classics Rudolph the Red-Nosed Reindeer and Frosty the Snowman will have a new home for the holidays this year: NBC.
Alex Vadukul / New York Times:
New York art-house movie theater Metrograph plans to launch a biannual print film magazine of the same name in December  —  A throwback publication courts cinephiles with stories featuring Ari Aster, Maggie Cheung, Daniel Clowes, Clint Eastwood and Ann Hui.
Discussion: IndieWire
Sara Fischer / Axios:
The world's biggest digital ad companies saw significant sales growth in Q3, due to US political ad revenue, AI-enhanced ad tools, and healthy consumer spending  —  - Google's advertising revenue jumped more than 10% year-over-year, thanks in part to election-related ad spend, especially on YouTube …
Georg Szalai / The Hollywood Reporter:
Troveo, which helps content owners and digital rights managers license content to AI companies but keep ownership rights, launches with $4.5M in seed funding  —  The platform, Troveo, launches with $4.5 million in seed funding and says it has “deals in place with prominent AI companies to pay …
 
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 More News: 
Dade Hayes / Deadline:
Fubo reports Q3 revenue up 20% YoY to $386.2M, a net loss of $54.7M, down from $84.4M in Q3 2023, and 1.6M subscribers in North America, up 9% YoY
Jack Neff / Ad Age:
A survey of US advertisers and agencies: 49% said alternative currencies were just as effective as Nielsen and 36% said they were more effective than Nielsen
Financial Times:
BBC World Service secures a 25% increase in its government grant for 2025/26; sources: £27M has been agreed, on top of baseline funding of £104M this year
Columbia Journalism Review:
Reporters from the UK, Singapore, Iran, Japan, Haiti, Brazil, Italy, and Hungary describe the complexities of covering US elections for various audiences
 Earlier Picks: 
Todd Spangler / Variety:
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $24.97B, a new quarterly record, but below est.
Jennifer Maas / Variety:
Amazon reports Q3 ad revenue up 19% YoY to $14.33B, vs. $14.25B est., amid its push to insert ads into Prime Video, and subscription sales up 11% YoY to $11.3B
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”
 

 
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

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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