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.
Discussion:
The Hollywood Reporter, StreamTV Insider, Variety, TV Tonight, BBC, Amanda Lotz on LinkedIn, Chris Carter on LinkedIn, Patricia Powell-Hughes on LinkedIn, TV Tonight, Broadcast, Advanced Television, @thebooksdesk.bsky.social, Deadline, @jodimca.bsky.social and Australian Financial Review
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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.
Discussion:
Reuters, BBC, WTOP News, Sky News Australia, Bloomberg, The West Australian, 7NEWS, eSafety Commissioner, Insider Gaming, thenewdaily.com.au, The Guardian, Jamaica Observer, Capital Brief, @manjusrii.bsky.social, Dexerto, eSafety Commissioner, Australian Financial Review and The Saturday Paper, more at Techmeme »
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.
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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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 …
Julian Wyllie / Current:
PBS SoCal laid off 10% of staff, amounting to 10 positions, in October, citing the loss of $4.3M in federal funding — PBS SoCal in Los Angeles laid off 10% of staff last month, amounting to 10 positions across the organization. — “Over the past several months, we have carefully reviewed …
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
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 …
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:
CNET, The Guardian, Plagiarism Today, @technollama, @ednewtonrex, Benzinga, @judiciaryuk, @adameisgrau, @technollama, @technollama, Engadget, Social Media Today, @dorialexander, IPWatchdog.com, Forbes, @neermcd, @emostaque, PetaPixel, Tech Xplore, Hackread, Paul Melcher on LinkedIn, Press Gazette, WinBuzzer, The Virginian-Pilot, BonTech Labs, San Diego Union-Tribune, City A.M., MLex, Sherwood News, SiliconANGLE, Courts and Tribunals Judiciary and Getty Images Press Site, more at Techmeme »
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
Xander Elliards / The National:
Jimmy Wales says Wikipedia's “Gaza genocide” article violates its neutrality standards, as it states, “in Wikipedia's voice, that Israel is committing genocide” — WIKIPEDIA founder Jimmy Wales has intervened over the platform's article on Gaza genocide.
Discussion:
@lsanger, @stevesi, @nntaleb, @walterisaacson, Amanpour and Company on YouTube, @_zachfoster, @ashleyrindsberg, @shlomitlir, @linaposting, @ryangrim, @larafriedmandc, @fahad_s_ali, @worqas, The Verge, @fivefilters, Al Jazeera, @jo3hill, The Times of Israel, Semafor, Townhall, Gizmodo, Yahoo Finance on YouTube and New York Post, more at Techmeme »
Peter White / Deadline:
Fox acquires five-year-old rom-com podcast company Meet Cute, the latest in a series of audio acquisitions; Meet Cute has produced over 300 shows — Fox is in a listening phase as the company continues to acquire companies in the audio space. — Fox Entertainment has acquired rom-com …
Discussion:
The Wrap, Variety and The Hollywood Reporter
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.
Discussion:
TechCrunch, Inside Radio, Radio & Television …, The Wrap and Bloomberg Law, more at Techmeme »
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