DirecTV plans to terminate its planned acquisition of Dish by midnight on November 22, 2024, if bondholders don't agree to a debt exchange (Bloomberg)
Mediagazer: DirecTV plans to terminate its planned acquisition of Dish by midnight on November 22, 2024, if bondholders don't agree to a debt exchange (Bloomberg)
Top News:
CNN:
President-elect Donald Trump announces he has chosen Fox News host and Army veteran Pete Hegseth to serve as his secretary of defense— President-elect Donald Trump announced Tuesday he has chosen Fox News host Pete Hegseth to serve as his secretary of defense.
Discussion: The Wrap, TVLine, Media Matters for America, Wall Street Journal, USA Today, NPR, ABC News, al.com, New York Times, Forbes, Bloomberg, Politico, CBS News, Reuters, The Hollywood Reporter, Axios, ZeroHedge News, The Hill, New York Post, Defense News, Donald J. Trump on Truth Social, @juddlegum.bsky.social, @joyce_white_vance@threads.net, Raw Story, @senwarren@threads.net, @mmfa.bsky.social, @noahcrothman, @dangillmor@mastodon.social, @Tengrain@mastodon.social, @donmoyn.bsky.social, @opinionhaver.bsky.social, @donmoyn.bsky.social, Washington Examiner, @yashar, The Daily Caller, @pbump.com, @chrislhayes.bsky.social, @bencollins.bsky.social, @chrislhayes.bsky.social, Rolling Stone, The Gateway Pundit, CNBC, The National Pulse, Daily Mail, NBC Bay Area, Deadline, IJR, WHEC.com and NewsNation
Discussion:
Stephanie Kaloi /
The Wrap: Trump Nominates ‘Fox & Friends’ Host Pete Hegseth as Secretary of Defense Media Matters for America: Fox News' Jason Chaffetz threatens Republicans who refuse to confirm Fox & Friends weekend co-host Pete Hegseth for Secretary of Defense Wall Street Journal: Trump Names Fox News Host Pete Hegseth to Head Pentagon, John Ratcliffe to Lead CIA
Marina Pitofsky /
USA Today: Trump taps conservative media pundit Pete Hegseth as Defense Secretary
Howard Koplowitz /
al.com: Trump passes on Mike Rogers for defense secretary in favor of Fox News host
Sara Dorn /
Forbes: Trump's Cabinet: Here Are His Picks And Finalists For Key Roles—Pete Hegseth, John Ratcliffe And More
Ramsey Al-Rikabi /
Bloomberg: Trump to Nominate Fox News Host Pete Hegseth to Lead Pentagon
Alex Weprin /
The Hollywood Reporter: Trump Nominates Fox News Host Pete Hegseth to be Secretary of Defense
Sareen Habeshian /
Axios: Trump names Fox News host Pete Hegseth as Defense Secretary
Tyler Durden /
ZeroHedge News: “America's Enemies Are On Notice” - Trump Taps Bronze Star Recipient, Fox News Host Pete Hegseth For SecDef
Samuel Chamberlain /
New York Post: Trump nominates Fox News host, veteran Pete Hegseth for secretary of defense Donald J. Trump on Truth Social: I am honored to announce that I have nominated Pete Hegseth to serve in my Cabinet as The Secretary of Defense. …
Judd Legum /
@juddlegum.bsky.social: Trump's nominee for Secretary of Defense: “Hegseth's second wife, Samantha, filed for divorce in Minnesota. The divorce filing is dated one month after Hegseth and a Fox News producer who worked on his show named Jennifer Rauchet had a child”
Joyce Vance /
@joyce_white_vance@threads.net: Trump has apparently selected a Fox News host to be Secretary of Defense. Tom Hegseth encouraged Trump to pardon American soldiers convicted of war crimes, including killing innocent civilians during his first term in office. https://www.businessinsider.com/ ...
Daniel Hampton /
Raw Story: ‘Literally a Fox News host’: Critics mock Trump's ‘utterly unserious’ Pentagon chief pick
Elizabeth Warren /
@senwarren@threads.net: A Fox & Friends weekend co-host is not qualified to be the Secretary of Defense. I lead the Senate military personnel panel. All three of my brothers served in uniform. I respect every one of our servicemembers. Donald Trump's pick will make us less safe and must be rejected. @mmfa.bsky.social: Hegseth also argued for a “preemptive strike” against North Korea www.mediamatters.org/fox-friends/ ...
@mmfa.bsky.social:
Fox & Friends host Pete Hegseth repeatedly advocated for massive military strikes against Iran www.mediamatters.org/pete-hegseth... [embedded post]
Noah Rothman /
@noahcrothman: He's also a Princeton & Harvard grad and a think tanker, briefly. He's got a pedigree and a record that suits him to the role, even though he's also on tv. Given the less desirable alternatives floating around, this is hard to object to.
Dan Gillmor /
@dangillmor@mastodon.social: The Murdoch family's Fox “News” is now the zero-training ground for running the most powerful military in the history of the world. — We are genuinely screwed. — https://www.cnn.com/...
Don Moynihan /
@donmoyn.bsky.social: Hegeseth publicly (on Fox) and privately lobbied Trump for months. Military leaders said that Trump's pardon would undermine their ability to enforce discipline and to get soldiers to testify about war crimes. — What happens when the Secretary of Defense won't push back against crimes? [image]
William B. Fuckley /
@opinionhaver.bsky.social: It's cool how he picked a TV anchor with no govt experience at all who is *also* a huge Iran hawk, so no matter whether you believed the “Trump the dove” or the “Trump the normal Republican that libs are hysterical over” you're a fucking moron.
Don Moynihan /
@donmoyn.bsky.social: The cause that Trump's pick for Secretary of Defense championed was not someone who might have fired off one round too many in a firefight. His fellow Navy Seals said “he boasted about the number of people he had killed, including women.” — Two saw him shooting a girl. — www.nytimes.com/2019/04/23/u... …
Don Moynihan /
@donmoyn.bsky.social: Trump's pick for Secretary of Defense is a Fox News anchor who pushed him to pardon war criminals who were so bad their own troops reported on them. www.businessinsider.com/pete- hegseth...
Yashar Ali /
@yashar: BREAKING President-elect Trump says he intends to nominate Fox News host and former Army combat veteran Pete Hegseth as Secretary of Defense. [image]
Hailey Gomez /
The Daily Caller: Trump Taps Fox News Host For Secretary Of Defense
Philip Bump /
@pbump.com: Hegseth would have been a dubious choice as Press Secretary, much less, like, HUD director.
Chris Hayes /
@chrislhayes.bsky.social: Pete Hegseth is a weekend morning anchor on Fox News and is about to run the largest, most powerful bureaucracy in the...history of human civilization.
Tim Onion /
@bencollins.bsky.social: Oh my fucking god he picked a random Fox News guy for secretary of defense we are so unbelievably fucked holy sweet merciful shit
Chris Hayes /
@chrislhayes.bsky.social: Trump choosing a Fox anchor to be Secretary of Defense is my first real “is this a dream?” moment since election day.
Charisma Madarang /
Rolling Stone: Trump Taps Fox News Pundit to Be Secretary of Defense
Cullen Linebarger /
The Gateway Pundit: BREAKING: President Trump Nominates Pete Hegseth for Secretary of Defense in Shock Move
Zoë Richards /
CNBC: Trump picks Fox News host and Army National Guard veteran Pete Hegseth for defense secretary
Stephen M. Lepore /
Daily Mail: Trump nominates former Fox News host Pete Hegseth to head Department of Defense in snub to former Dem Rep Tulsi Gabbard
Sandra Rhodes /
IJR: Fox News' Pete Hegseth Chosen for Secretary of Defense Post
Tom Dempsey /
NewsNation: How could Trump influence military policies?
Bloomberg:
DirecTV plans to terminate its planned acquisition of Dish by midnight on November 22, 2024, if bondholders don't agree to a debt exchange— “A successful exchange was a condition for acquiring the Dish video business,” a DirecTV spokesperson said in an emailed statement.
Discussion:
Reuters, StreamTV Insider and Deadline
Discussion:
Bevin Fletcher /
StreamTV Insider: Dish loses 43K pay TV subs in Q3, bondholders reject DirecTV debt swap offer
Dade Hayes /
Deadline: EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
RELATED:
The Streamable:
EchoStar reports a Q3 net loss of $142M on revenue of $3.89B, with Sling TV adding 145K customers but satellite service Dish losing 188K; SATS falls 12.9%— DISH continued to lose linear satellite subscribers, but the losses were fewer than the year-ago quarter.
Discussion:
The Desk, EchoStar Corporation, Tv Technology, The Wrap, Streaming Better, Benzinga, The Hollywood Reporter and Cord Cutters News
Discussion:
Matthew Keys /
The Desk: Dish Network sheds subscribers, but Sling TV grows during Q3 EchoStar Corporation: EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2024
Lucas Manfredi /
The Wrap: EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
Nabaparna Bhattacharya /
Benzinga: EchoStar Q3 Earnings And Sales Falter, But Gains Ground With Sling TV Subscribers
Georg Szalai /
The Hollywood Reporter: EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital
Bloomberg:
Letter: a group of Dish creditors rejects a bond-exchange offer that is key to the company's proposed acquisition by DirecTV, ahead of a November 12 deadline
Discussion:
Wall Street Journal, The Streamable, Cord Cutters News, TVNewsCheck, The Desk, CBS News and Benzinga
Discussion:
Alexander Gladstone /
Wall Street Journal: Dish Bondholders Reject Debt Swap for Ergen's DirecTV Merger
David Satin /
The Streamable: DISH bondholders put DIRECTV merger in jeopardy, turn down new debt swap offer
Luke Bouma /
Cord Cutters News: Dish Network Bondholders Throw Wrench in DIRECTV Merger, Leaving Satellite TV's Future Uncertain
Matthew Keys /
TVNewsCheck: Dish Creditors Reject Bond Exchange, Raising Questions About DirecTV Acquisition
Matthew Keys /
The Desk: Dish creditors reject bond exchange, raising questions about DirecTV acquisition
Variety:
Amazon is shutting down Freevee, its free, ad-supported streaming service launched in 2019 under the IMDb brand, and plans to move the content to Prime Video— Amazon is officially shutting down Freevee, its free, ad-supported video streaming service originally launched under the IMDb brand nearly five years ago.
Discussion:
Nellie Andreeva /
Deadline: Freevee To Shut Down As Amazon Consolidates Subscription & Free Content Under Prime Video
Michael Ausiello /
TVLine: Amazon to Shut Down Freevee, Move Its Content to Prime Video
Matthew Keys /
The Desk: Amazon to shut down Freevee, move content to Prime Video
Jay Peters /
The Verge: Amazon is shutting down Freevee
Lucas Shaw /
Lucas Shaw on LinkedIn: New: Amazon is phasing out Freevee, its free advertising-supported streaming service, to unite all video under the Prime banner. — This is a long overdue move. …
Jesse White /
@jesse_t_white: @TVGrimReaper No point in even having a separate app when I can literally watch it all on Prime Video. At least Hulu having some shows not on Disney+ has prevented me from completely deleting that app.
Marcus James Dixon /
GoldDerby: Amazon Freevee, home of ‘Jury Duty,’ shuts down: What does this mean for your favorite shows? @gibbs00.bsky.social: One of the few free streaming services that you could watch on XFinity. Pretty soon won't be watching anything. @tvgrimreaper: A second Amazon video brand never made sense, and it was their decision to launch it. Hulu also makes no sense as a separate Disney marketed SVOD brand/ app, and Disney's in the process of “fixing” that. @deadline: The update will be deployed in the territories where Freevee is currently available, the U.S., UK, Germany and Austria. Going forward, the content currently labeled as Freevee will be designated for non-Prime customers as “Watch for Free” on detail pages https://deadline.com/...
@deadline:
No layoffs related to the move are expected. As part of previous restructurings, Freevee's content team already had been integrated into Amazon MGM Studios; its business team has been part of Prime Video https://deadline.com/...
Jake /
@jaketx78: Call it the Tubi effect. Consolidation of Freevee into Prime is evidence of a new embrace, rather than a segmentation of, ad-supported tiers in lieu of less-lucrative ad-free monthly subscription models. Case-in-point: Disney and Netflix. Expect the consolidation to continue.
Andrew A. Rosen /
@aagave: RIP the FAST formerly known as IMDb FreeDive formerly known as IMDb TV
Anna Washenko /
Engadget: Amazon sunsets Freevee platform for ad-supported streaming video Just Jared: Prime Video Cancels 3 TV Shows, Renews 15 More & Announces 1 Is Ending: Renewal & Cancellation Recap (Including Freevee News)
Wall Street Journal:
Sources: Disney board members are exploring fresh candidates in their search for a successor to Bob Iger, including EA CEO Andrew Wilson— Disney board members are considering outsiders including the CEO of videogame company Electronic Arts — Disney is exploring fresh candidates …
Discussion:
Benzinga, Deadline, @dylanbyers, @alexweprin, Cord Cutters News, The Wrap, @mediaevan, Variety, New York Post and TVNewsCheck
Discussion:
Anusuya Lahiri /
Benzinga: Who Will Succeed Disney CEO Bog Iger?
Dylan Byers /
@dylanbyers: Disney's search for Bob Iger's successor includes Electronic Arts C.E.O. Andrew Wilson, per @WSJ ... In 2022, I reported that Comcast had talked to Wilson about spinning off NBCUniversal, merging it with EA, and putting Wilson in charge... https://www.wsj.com/...
Alex Weprin /
@alexweprin: EA CEO Andrew Wilson is the first possible external candidate whose name has surfaced for the Disney CEO job (outside of Adam Silver last year) https://www.wsj.com/...
Luke Bouma /
Cord Cutters News: Disney Widens CEO Search Beyond “Castle Walls,” Electronic Arts CEO Among Contenders
Lucas Manfredi /
The Wrap: Disney Expands CEO Search to External Candidates, Including EA's Andrew Wilson
Evan DeSimone /
@mediaevan: I had Dana Walden for this, but the election outcome certainly doesn't help her. https://www.wsj.com/...
Todd Spangler /
Variety: Disney Expands CEO Search to Outside Candidates Including EA's Andrew Wilson
Alexandra Steigrad /
New York Post: Disney broadens CEO search to external candidates to find Bob Iger's successor
Variety:
Netflix says its ad tier has 70M MAUs globally, up from 40M in May 2024, and it sold all out available in-game inventory for its Christmas Day NFL broadcasts— Netflix, a company that once dismissed the concept of allowing commercials around its popular streaming content, now can't seem to get enough of them.
Discussion:
About Netflix, The Wrap, Deadline, StreamTV Insider, Front Office Sports, Yahoo Finance, Tv Technology, Fox Business, Justyna Borucka on LinkedIn, Amy Newton on LinkedIn, Marion Boeri on LinkedIn, Adam Straub on LinkedIn, IndieWire, Bloomberg, Fortune, PCMag, RetailWire, Streaming Better, The Information, Engadget, The Streamable, Benzinga, Los Angeles Times, The Hollywood Reporter, Reuters and CNBC, more at Techmeme »
Discussion:
Amy Reinhard /
About Netflix: Netflix Celebrates Two Years of Advertising
Lucas Manfredi /
The Wrap: Netflix's Ad Tier Explodes to 70 Million Monthly Users Globally
Bevin Fletcher /
StreamTV Insider: Parks Associates reveals top 10 SVODs, Netflix ad tier reaches 70M MAUs
Fernanda Tronco /
Yahoo Finance: Netflix has already scored big with upcoming NFL Christmas broadcasts
George Winslow /
Tv Technology: Netflix Ad Tier Hits 70M Monthly Active Users Two Years After Launch
Justyna Borucka /
Justyna Borucka on LinkedIn: We are celebrating 2 years of Netflix Ads! I'm super proud of the Dream Team we've hired in Europe to work on this incredible venture. …
Amy Newton /
Amy Newton on LinkedIn: Netflix Ads is celebrating 2 years of being live! It has been incredible to have a front seat on this journey of building, exploration, and innovation. …
Marion Boeri /
Marion Boeri on LinkedIn: 🎉 Celebrating Two Years of Netflix's Ads Business 🎉 — Our reach has grown to 70 million monthly active users globally …
Adam Straub /
Adam Straub on LinkedIn: Two Years of Netflix Ads! There is so much to celebrate, but what I love most about being part of this Dream Team is that we are always listening to our partners …
Tony Maglio /
IndieWire: 70 Million of You Now Watch Commercials on Netflix
Chris Morris /
Fortune: In just two years, Netflix's ad-supported tier has signed up 70 million users, eclipsing total membership for Hulu, Peacock, and Apple TV+
Emily Dreibelbis Forlini /
PCMag: Is Netflix Getting More Like Typical TV? ‘Over 50%’ of New Users Opt for Ads
Nicholas Morine /
RetailWire: Netflix's Ad-Supported Plan Surpasses 70M Monthly Users: Are Streaming Ads Here To Stay?
Lawrence Bonk /
Engadget: Netflix's ad tier has attracted more than 70 million subscribers
David Satin /
The Streamable: Netflix celebrates two years of ads as ad-supported plan eclipses 70 million
Anusuya Lahiri /
Benzinga: Netflix Reaches 70 Million Users On Ad-Supported Plan, Boosts Live Sports Ads
Wendy Lee /
Los Angeles Times: Netflix says ad-supported plan now has 70 million monthly active users
Alex Weprin /
The Hollywood Reporter: Netflix Says Ad Tier Has Surged to 70M Users, Christmas Day NFL Games Sold Out
Harshita Mary Varghese /
Reuters: Netflix's ad-supported tier hits 70 million users
New York Times:
Nicholas Carlson unveils Dynamo, a video-focused company that aims to make “cinematic” stories, and raised $3.4M from Henry Blodget, Jessica Lessin, and others— Nicholas Carlson is preparing to debut a media start-up of his own called Dynamo.Clark Hodgin for The New York Times
Discussion:
@bristei, @hblodget, @chaykak, @benmullin, @nichcarlson and @scottnover
Discussion:
Brian Steinberg /
@bristei: This venture idea reminds me a little of Great Big Story, the former CNN documentary video operation? https://www.nytimes.com/...
Henry Blodget /
@hblodget: Yes, @nichcarlson IS launching a new media co! And thank goodness! Video is by far the most consumed and influential medium on the planet. But linear TV is dying. So the world needs a trusted, focused, native-digital-video journalism brand. Nick and Dynamo are building it!
Kyle Chayka /
@chaykak: can you do “business journalism” while avoiding “political stories”? https://www.nytimes.com/...
Ben Mullin /
@benmullin: scoop: @nichcarlson is launching a new media company, Dynamo, with backing from @hblodget, @Jessicalessin and @ajs. Just don't call it a pivot to video!! https://www.nytimes.com/...
Nicholas Carlson /
@nichcarlson: My news is out!
Wall Street Journal:
Meta plans to ask Facebook and Instagram users in Europe if they want to get “less personalized ads” and cuts subscription prices by 40%, a concession to the EU— The Facebook and Instagram owner faces pressure in Europe to ask before using data to target ads or train artificial intelligence.
Discussion:
Meta, Associated Press, CNBC, noyb, Hindustan Times, The Verge, @metanewsemea, @laz_radic, @nickclegg@threads.net, Reuters, @lexzard, @nickclegg, @eric_seufert, @mikeryanretail, Engadget, RTÉ, TechCrunch, @laz_radic, Bloomberg, WinBuzzer, Mashable, Axios, Irish Independent and @kint.bsky.social, more at Techmeme »
Discussion:
Associated Press: Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Jonathan Vanian /
CNBC: Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Jess Weatherbed /
The Verge: Meta plans to walk back its ‘pay or consent’ ad model in the EU. @metanewsemea: We will significantly reduce the price of Subscription for no ads, and offer people in the EU an additional new choice to use Facebook and Instagram for free with less personalized ads. We are doing this in response to feedback from EU regulators, even though evidence shows that
Lazar Radic /
@laz_radic: 1/ Meta is rolling out changes in the EU for Facebook and Instagram users, offering a choice between reduced-price ad-free subscriptions or a free option with either personalized or “less personalized” but unskippable ads. https://about.fb.com/...
Nick Clegg /
@nickclegg@threads.net: Today, we've announced important changes to Facebook and Instagram in the EU, including reducing the price of our subscription service by 40% and giving people in the EU the option to use Facebook & Instagram for free with less personalized ads. …
Lex Zard /
@lexzard: This model is only legitimate if the third ‘less personilised’ option is able to pass the legitimate interest test - that is if processing personal data for this option does not require consumer consent. Not a big chance Meta can prove this https://about-fb-com.cdn.ampproject.org / ...
Nick Clegg /
@nickclegg: Today, we've announced important changes to Facebook and Instagram in the EU, including reducing the price of our subscription service by 40% and giving people in the EU the option to use Facebook & Instagram for free with less personalized ads. The changes we're announcing today
Eric Seufert /
@eric_seufert: Meta is reducing the price of its subscription and introducing a Less Personalized Ads (LPA) scheme that will target ads only by context in the EU to comply with the DMA and new interpretations of the GDPR. [image]
Mike Ryan /
@mikeryanretail: These “less personalized ads” will be contextual *within a session* and augmented by baseline demographics (age, gender, location) Rollout begins “in the coming weeks,” i.e. peak shopping season
Kris Holt /
Engadget: Meta cuts the price of its ad-free plan by 40 percent in a bid to sate EU regulators
Brian O'Donovan /
RTÉ: ‘Unskippable’ ads to feature on Facebook and Instagram
Natasha Lomas /
TechCrunch: Europe's DMA forces Meta toward ‘less personalized ads’
Lazar Radic /
@laz_radic: 3/ The changes and how they have come about raise fundamental questions about who is ultimately in charge of designing social media products: regulators or the companies providing them?
Lazar Radic /
@laz_radic: 2/ The “less personalized” option would run a “contextual” session, which would only use session-limited data to tailor ads to the user. If I'm not mistaken, this was the EU's preferred option since day one. This suggests that they knew exactly the outcome they wanted.
Gian Volpicelli /
Bloomberg: Meta Unveils Less Targeted Ads to Allay EU Regulators' Concerns
Markus Kasanmascheff /
WinBuzzer: Meta Adjusts Ads on Facebook and Instagram to Meet EU Demands
Christianna Silva /
Mashable: Meta cuts EU ad-free subscription price by 40% for Facebook and Instagram
Sara Fischer /
Axios: Meta adjusts ad approach amid pressure from EU regulators
Adrian Weckler /
Irish Independent: Facebook and Instagram to introduce unskippable ads
Jason Kint /
@kint.bsky.social: Facebook buckles but attempts to do it how it wants (see dark patterns, opt out, tracking across apps). This is big but EU should remain strong to why its laws are in place (to deal with Meta's abuse of market power in its surveillance capitalism). www.wsj.com/tech/meta-to...
Reuters:
Spotify reports Q3 revenue up 19% YoY to €3.99B, vs. €4.02B est., MAUs up 11% to 640M, and forecasts Q4 profit and MAUs above est.; SPOT jumps 8%+ after hours— Audio-streaming giant Spotify (SPOT.N) forecast fourth-quarter profit above Wall Street estimates on Tuesday …
Discussion:
Variety, Billboard, The Information, CNBC, Music Ally, Investing.com, Bloomberg, @richlightshed, Spotify, @richlightshed, @eldsjal and Benzinga, more at Techmeme »
Discussion:
Todd Spangler /
Variety: Spotify Tops Q3 Forecasts, Reaches 252 Million Premium Subscribers as Revenue Climbs 19%
Glenn Peoples /
Billboard: Spotify Subscription Revenue Soars in Q3, Operating Profit Hits Record High
Martin Peers /
The Information: Spotify's Price Rises Boost Bottom Line
Ashley Carman /
Bloomberg: Spotify Beats Subscriber, Margin Estimates Even as Ad Sales Lag @richlightshed: Daniel Ek starts off $SPOT Q3 2024 earnings call announcing a couple of big video @Spotify announcements coming shortly. Particularly interesting given the power of video podcasting during this year election. https://lightshedtmt.com/...
@richlightshed:
@Spotify Spotify understands the importance of winning time spent $SPOT @eldsjal explains Spotify US users who consume audiobooks spend five more hours on the platform monthly than users who do & the number of Audiobooks available on @Spotify has doubled year-over-year
@richlightshed:
@Spotify ... 🔥 Spotify paying subs up 12% y-o-y & 2% seq, while Apple has not disclosed stats since mid-2019 Global Music Paid Sub Comparison $SPOT $AAPL ▪️@Spotify at 252 mm as of end of Q3 2024 (27% or ~68 mm in North America) ▪️@AppleMusic 60 mm as of June 2019 (has NOT updated) [image]
Daniel Ek /
@eldsjal: Spotify's Q3 results are here and it was another standout quarter. Here are a few highlights + a quick hello from our new CFO, @ChristianLuiga! Thank you to the team for continuing to deliver. 🙌🚀 [video]
Erica Kollmann /
Benzinga: Spotify Stock Climbs Despite Q3 EPS, Revenue Misses
Le Monde:
Le Monde, Le Figaro, Les Echos, and other French news outlets sue X, accusing it of running their content without paying, violating so-called neighboring rights— Several leading French news organizations said Tuesday, November 12, that they are suing social media platform X, accusing it of running their content without payment.
Discussion:
Reuters, The Times, TechCrunch, Telegraph, The Guardian, Daily Sabah and Al Jazeera
Discussion:
Chris Price /
Telegraph: Europe's richest man sues Elon Musk's X
Angelique Chrisafis /
The Guardian: French news titles sue X over allegedly running their content without payment
TechCrunch:
Particle, an AI newsreader, launches on iOS and iPadOS, offering features including Explain Like I'm 5 and a chatbot that lets you ask questions about stories— The media industry today may not have a very favorable view of AI — a technology that's already been used to replace reporters …
Discussion:
@particle_news, Particle, @particle_news and The Verge
Discussion:
@particle_news: Stories. News isn't one-dimensional, and neither is Particle. Particle organizes all the coverage so you can see the full picture of every story.
@particle_news:
Break down the perspectives. The way a story is covered can be as crucial to understanding what's happening as the story itself. Particle quickly shows you the coverage across a spectrum for political stories.
@particle_news:
Understand more, faster. Each story comes with clear summaries, so you can catch up quickly. Select a summary style to see it in a different way: On the go? Listen to your personalized feed of top news. Looking for different viewpoints? Choose “Opposite Sides.”
@particle_news:
It should be easier to understand what's happening, so why does keeping up with the news feel like work? Here are some of the ways Particle helps improve this experience. 🧵
Adweek:
Google cracks down on affiliate SEO businesses run by third parties, leading to much lower search visibility for those businesses at Time, WSJ, CNN, and others— The steep drops in search visibility could mean the end to outsourcing affiliate operations — The search visibility of the Forbes …
Discussion:
Mark Stenberg on LinkedIn and @simondowens@threads.net
Discussion:
Mark Stenberg /