Top News:

Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B — Annual revenues from copyrighted music hit almost $46bn last year, against $33.2bn for cinema
Discussion:
Pivotal Economics, CMU, Music Ally, Billboard and Will Page on LinkedIn

Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV — The commercial broadcaster is back on alert for takeover approaches as financial and industry players evaluate offers which could lead …
Discussion:
The Guardian, The Times, Deadline, City A.M., Bloomberg, Advanced Television and RTÉ

As Elon Musk posts memes about buying MSNBC, sources say one liberal billionaire expressed interest in buying the channel; Comcast is not looking to sell MSNBC — Elon Musk has called MSNBC “the utter scum of the Earth.” He has said the channel “peddles puerile propaganda.”

Sources: NBC's new deal with Macy's to keep the Thanksgiving Day Parade on NBC and Peacock has an average annual fee of $60M+, up from ~$20M in the current deal — Macy's and NBC near pact that would raise the spectacle's annual average price to $60 million.
Discussion:
@bsdtectr.bsky.social and Just Jared

Sources: CNN is considering making network anchor Kaitlan Collins its chief White House correspondent and relocating her show from New York to DC — The Scoop — CNN's leadership says it doesn't want to go back to its wall-to-wall 24-hour coverage of Donald Trump when he returns to the White House in January.
Discussion:
New York Post and TVNewsCheck

Elon Musk appears to confirm that posts containing links in their main text are deprioritized on X, says it is to stop “lazy linking” — Elon Musk confirmed that posts containing links in their main text are deprioritized on X in a revelation that renews criticism that the platform …
Discussion:
Business Insider, @markbrooks, @stevesi, @almostmedia, @seyitaylor, @stuartbuck1, @designationsix.bsky.social, @alicekeeler.com, @kwanza.bsky.social, @mikeshenderson.bsky.social, @andrewlseidel.bsky.social, @deadendgg.bsky.social, New Republic, @mattnavarra.com, @paulg, @romansphoto.bsky.social, @elonmusk, @paulg, @laurenmeidasa.bsky.social, @ernie@writing.exchange, Althouse and Benzinga

The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE — The music industry is entering new era, one driven by a slowdown at the major labels, the growing market for independents and the rapacity of private equity.
Discussion:
@lucas_shaw, @lucas_shaw and @lucas_shaw

Internal email: the UK's Reach plans to merge staff at The Daily Mirror and celebrity magazine OK! to cut costs, but the move won't result in cutting of roles — Merging of daily newspaper and celebrity magazine employees is latest move by owner, Reach, to cut costs

Investigation: how hack-for-hire Appin tried silencing 15+ outlets since 2022 over articles, newsletters, and podcasts covering Appin's “ethical hacking” — Whether based in the US, Switzerland, France or India, any media outlet investigating the “ethical hacking” of Appin …
Discussion:
@rsf_inter and Reporters Without Borders on YouTube, more at Techmeme »

An interview with Alsu Kurmasheva of RFE/RL, a seasoned editor and broadcaster who spent months in a Russian prison before being released in a prisoner swap — Russian authorities put Radio Free Europe/Radio Liberty's Alsu Kurmasheva behind bars, but they couldn't outsmart her.
Discussion:
Voice of America, Kathleen Moore on LinkedIn and Freedom of the Press …

NBC News launches its 24/7 streaming service NBC News Now in Latin America in two of its biggest markets, Mexico and Brazil — NBC News' 24/7 streaming platform, NBC News Now, is launching in Mexico and Brazil, Latin America's biggest markets, as it continues to expand across the world.
Discussion:
The Desk and TVNewsCheck

SCOTUS seeks the US government's views in the $1B copyright fight between Cox Communications and Sony, Warner Music, Universal Music, and other music companies — - Sony among companies suing Cox over customer song downloads — Appeals court tossed out big 2019 jury award against Cox