Top News:
Jake Evans / ABC:
Australia plans to introduce legislation this week requiring streamers with 1M+ Australian subscribers to spend 10%+ of their local expenditure on local content — In short: — Streaming platforms such as Netflix, Disney+ and Amazon Prime will be required to spend a share of their local revenue on making Australian programs.
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Clare Armstrong / ABC:
Australia broadens its social media ban for under-16s to include Reddit and Kick, which join Facebook, Instagram, Threads, Snapchat, TikTok, X, and YouTube — In short: — Reddit and Kick will be included in Australia's social media ban for children under 16.
Ashley Carman / Bloomberg:
Spotify reports Q3 revenue up 12% YoY to €4.3B, above €4.23B est., subscribers up 12% YoY to 281M, MAUs up 11% YoY to 713M, and a €582M operating income — Spotify Technology SA reported active users and sales in the third quarter that surpassed analysts' expectations even as ad-supported revenue fell.
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Sophie Culpepper / Nieman Lab:
The Philadelphia Citizen, a decade-old nonprofit dedicated to solutions journalism, acquires Philadelphia Magazine, another instance of nonprofit consolidation — The Philadelphia Citizen, the decade-old nonprofit dedicated to solutions journalism and civic engagement, has acquired Philadelphia Magazine.
Sara Fischer / Axios:
Source: the 60 Minutes interview with Trump on November 2 drew 13.2M viewers, according to early Nielsen data, the highest-rated episode since January 2021 — CBS News' sit-down interview with President Trump Sunday night drew a whopping 13.2 million viewers, according to preliminary Nielsen data shared …
Xander Elliards / The National:
Jimmy Wales says Wikipedia's “Gaza genocide” page fails to meet its neutrality standards; the article is listed as “protected” until 21:47 UTC on November 4 — WIKIPEDIA founder Jimmy Wales has intervened over the platform's article on Gaza genocide.
Simon Goodley / The Guardian:
Sources: some Telegraph directors alerted the UK government that RedBird's Gerry Cardinale may have breached rules protecting the paper's editorial independence — UK government alerted after RedBird Capital's boss allegedly threatened to ‘go to war’ with the title's newsroom
Sam Tobin / Reuters:
The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope” — Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
Discussion:
Plagiarism Today, CNET, Forbes, Social Media Today, The Guardian, Engadget, Associated Press, Paul Melcher on LinkedIn, San Diego Union-Tribune, @technollama, @ednewtonrex, Hackread, Benzinga, @judiciaryuk, @adameisgrau, @technollama, @technollama, PetaPixel, City A.M., @dorialexander, BonTech Labs, @neermcd, @emostaque, WinBuzzer, Press Gazette, Tech Xplore, MLex, Sherwood News, Getty Images Press Site and Courts and Tribunals Judiciary, more at Techmeme »
Caitlin Huston / The Hollywood Reporter:
Sources: Netflix has sent out dozens of requests to agents at WME, UTA, and CAA for video podcast creators, and plans to launch video podcasts in early 2026 — The streamer has sent out dozens of requests to agents at WME, UTA and CAA for video podcast creators.
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Sara Fischer / Axios:
Sources: Vox Media's board has discussed spinning off its podcast network due to active interest; Penske may be interested in Vox's digital publishing assets — - Vox Media's largest shareholder, Penske Media Corporation, is possibly interested in the company's digital publishing assets …
Jennifer Maas / Variety:
AI companion tech company Genies launches a tool for celebrities and their agents to develop “expressive AI identities” that can interact with fans — AI companion tech company Genies has launched a new creation tools product that will enable celebrities and their talent management organizations …
Discussion:
Forbes
James Shotter / Financial Times:
Israeli lawmakers advance legislation to give the government more control over Israel's TV and radio groups; the bill must pass two more votes in parliament — Proposal would enable wide-ranging powers over TV and radio groups — Israeli lawmakers have advanced controversial legislation …
Discussion:
Advanced Television, Jerusalem Post, Anadolu Ajansı …, The Times of Israel and The Times of Israel
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