News

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 (Dade Hayes/Deadline)

Mediagazer · last updated

Mediagazer: 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 (Dade Hayes/Deadline)

Top News:

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— Former President Trump is suing CBS News over a “60 Minutes” interview it broadcast with Vice President Harris earlier …
Discussion: The Verge, The Guardian, ZeroHedge News, Washington Post, Adweek, CNN, Townhall, Newser, UPI, Fortune, Washington Post, Barrett Media, @emptywheel, Reuters, @joshuaadouglas, @tomryanlaw, @ericcolumbus, @joshgerstein, @binarybits, @doriandavis, @emptywheel, @cahnemily, @reichlinmelnick, Raw Story, Al Jazeera, Washington Examiner, CBS News, One America News Network, Axios, Alternet.org, Daily Caller News Foundation, @ArmyGirl@mastodon.world, Le·gal In·sur·rec·tion, The Gateway Pundit, Deadline, The Wrap, @ncweaver.skerry-tech.com, @mmasnick.bsky.social, Metro.co.uk, The Independent, Daily Mail, The Daily Signal, RedState, Reuters, New York Post, Blaze Media, Financial Times and Washington Times

Discussion:

Adi Robertson /
The Verge: Donald Trump files yet another censorship lawsuit

Robert Tait /
The Guardian: Trump sues CBS News for $10bn, claiming Kamala Harris interview was edited

Tyler Durden /
ZeroHedge News: Trump Is Suing CBS For $10 Billion For Election Interference Via “Deceptive News Distortion”

Tobi Raji /
Washington Post: Trump picks one-judge Texas court for lawsuit over CBS Harris interview

Brad Pareso /
Adweek: Trump Sues CBS News for $10B Over Harris Interview CNN: Trump sues CBS over ‘60 Minutes’ interview with Harris. Legal experts call it ‘frivolous and dangerous’

Rebecca Downs /
Townhall: Trump Follows Through on Promise to Sue CBS News Over 60 Minutes Transcript

Rob Quinn /
Newser: Trump Sues CBS for $10B

Christiaan Hetzner /
Fortune: Trump sues CBS for $10 billion alleging its editing of Harris interview is election interference

Ramesh Ponnuru /
Washington Post: Trump's threats to the press are serious and literal Barrett Media: Donald Trump Launches $10 Billion Lawsuit Against CBS After 60 Minutes Interview with Kamala Harris @emptywheel: Hey @BrookeSingman: Did I just overlook where you disclosed in here that Fox not only used the wrong clip during VP Harris' interview, but doctored their own transcript of Trump's woman's rally that day to hide that they were Republicans?

Josh Douglas /
@joshuaadouglas: Filing a lawsuit doesn't mean it has any merit.

Tom Ryan /
@tomryanlaw: Another LOLsuit brought to you by Trump.

Eric Columbus /
@ericcolumbus: But Elon said Trump was a First Amendment guy

Josh Gerstein /
@joshgerstein: Bizarre $10 Billion (!) Trump suit v. CBS over editing of 60 Minutes interview with Harris infantilizes her by referring to her repeatedly by her first name. Also filed in Amarillo to guarantee assignment to Trump appointee Kacsmaryk. Doc: https://storage.courtlistener.com/ ...

Timothy B. Lee /
@binarybits: As presidents trump would have to swear to uphold the constitution, including the first amendment which he doesn't seem to understand at all.

Dorian Hunter Davis PhD /
@doriandavis: Would a candidate who thinks he's about to win the election be filing junk lawsuits about his opponent's media coverage?

@emptywheel:
SURELY, @BrookeSingman, you wouldn't misrepresent to your readers that Fox got busted for far more misleading behavior with Harris, right? You wouldn't lie like that?

Emily C. Singer /
@cahnemily: This is so absurd his lawyers should be fined for filing such ridiculous nonsense

Aaron Reichlin-Melnick /
@reichlinmelnick: This is why there needs to be a federal anti-SLAPP law.

Matthew Chapman /
Raw Story: Trump asks far-right judge to hear longshot $10B suit against CBS over Harris interview CBS News: Trump sues CBS News over 60 Minutes interview with Harris; network says suit is “completely without merit”

Abril Elfi /
One America News Network: Trump Files $10B Lawsuit Against CBS News Arguing ‘Deceptive Doctoring’ Of Harris' ‘60 Minutes’ Interview

Sareen Habeshian /
Axios: Trump sues CBS News for $10 billion over Harris interview

Maya Boddie /
Alternet.org: 'Doesn't mean it has any merit': Trump's $10 billion lawsuit against CBS News slammed

Mariane Angela /
Daily Caller News Foundation: Trump Slaps CBS With $10 Billion Lawsuit Over ‘60 Minutes’ Harris Edit

Cristina Laila /
The Gateway Pundit: JUST IN: President Trump Sues CBS News For $10 Billion For Deceptively Editing ‘60 Minutes’ Interview with Kamala Harris

Ted Johnson /
Deadline: Donald Trump Tries To Command News Cycle With Lawsuit Against CBS Over Kamala Harris' ‘60 Minutes’ Interview

Jacob Bryant /
The Wrap: Trump Sues CBS News for $10 Billion, Claims ‘Deceptive Doctoring’ of Harris' ‘60 Minutes’ Interview

Nicholas Weaver /
@ncweaver.skerry-tech.com: He's already assigned to it... [image]

Mike Masnick /
@mmasnick.bsky.social: Filed in Amarillo to ensure that Matthew J. Kacsmaryk hears it. Cool. Cool. [embedded post]

Jessica Kwong /
Metro.co.uk: Trump sues TV network for $10,000,000,000 over ‘doctored’ Kamala Harris interview

Alex Woodward /
The Independent: Trump files $10 billion lawsuit against CBS News over Kamala Harris interview

Jon Michael Raasch /
Daily Mail: Trump sues CBS News for $10 billion after editing Kamala Harris' 60 Minutes interview

Katrina Trinko /
The Daily Signal: ‘ELECTION INTERFERENCE’: Trump Sues CBS Over Edited Harris ‘60 Minutes’ Interview

Brooke Singman /
New York Post: Trump sues CBS News for $10B alleging ‘deceptive doctoring’ of Harris' ‘60 Minutes’ interview Blaze Media: Trump nails CBS News with $10 billion lawsuit alleging ‘deceptive doctoring’ of ‘60 Minutes’ interview with Harris

William Sandlund /
Financial Times: Live news: Trump sues CBS over ‘doctored’ Harris interview on ‘60 Minutes’

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.

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— Revenue in the period ended September 30 increased 20% over the same frame a year ago to reach $386.2 million. Losses narrowed to 17 cents a share from 29 cents a year ago.

Discussion:
Sportico, The Streamable, ir.fubo.tv, Benzinga, The Hollywood Reporter and Cord Cutters News

Discussion:

Brendan Coffey /
Sportico: Fubo Beats Q3 Results and Projects Better Sales, but Shares Drop

David Satin /
The Streamable: Fubo Grows to 1.91 Million Global Customers in Q3 2024, Targets Profitability in 2025 ir.fubo.tv: Fubo Closed Q3 2024 With 21% Year-over-Year Revenue Growth and 1.613M Subscribers in North America

Anusuya Lahiri /
Benzinga: FuboTV Q3 Earnings: Subscribers Grow 9% To 1.61 Million, Narrows EPS Loss, Raises Annual Outlook

Etan Vlessing /
The Hollywood Reporter: Fubo TV Trims Third-Quarter Loss on Revenue Beat

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— Nielsen remains dominant, but a growing number of advertisers have tried alternatives and most find them equal or better

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.— iPhone sales tick up 5.5% in September quarter, above analyst forecasts … The company reported revenue of $94.93 billion …

Discussion:
BGR, @bloombergtv, @lexnfx, Reuters, Bloomberg, Media Play News, Apple Inc., The Hollywood Reporter and KDFX-TV, more at Techmeme »

Discussion:

Yoni Heisler /
BGR: The iPhone is a freight train and shows no signs of slowing down @bloombergtv: Apple reported weaker sales in China than anticipated last quarter, while overall revenue edged past Wall Street projections. @EdLudlow has more https://www.bloomberg.com/... [video]

Alexei Oreskovic /
@lexnfx: $AAPL EPS missed Wall Street targets. The reason seems to be a big one-time tax charge of more than $10 billion as a result of a European Union judgement about the company that was reversed.

Alexei Oreskovic /
@lexnfx: Here's the exact language from Apple earnings release: [image] Reuters: Apple posts record revenue, credits India iPhone sales; plans for 4 new stores: CEO Tim Cook

Erik Gruenwedel /
Media Play News: Apple Ups Q4 Services Revenue 12% to Record $24.9 Billion

Caitlin Huston /
The Hollywood Reporter: Apple Services Revenue Hits New High of $24.97B

Clare Duffy /
KDFX-TV: Apple wants its AI iPhone to turn around a sales rut. Here's how it's going so far

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— Executives have warned that cuts have left the UK struggling to counter a rise in Russian and Chinese propaganda

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— Amazon reported its third-quarter 2024 earnings, revealing ad sales rose 19% year over year amid the company's push to insert ads into Prime Video.

Discussion:

Jim Milliot /
Publishers Weekly: Amazon Expects a Strong Finish to 2024

David Satin /
The Streamable: Raising Prices, Launching Ads Helped Apple TV+ and Prime Video Juice Up Their Revenue

Annie Palmer /
CNBC: Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Stuart Dredge /
Music Ally: Apple and Amazon report latest revenue growth in Q3 financials

Trung Phan /
@trungtphan: Amazon ads business grew 19% YoY in Q3 and is on an annual run rate of $56B. It's nearing 25% of the US ad search market, from basically a 0% share 10 years ago. [image]

Annie Palmer /
CNBC: Amazon shares pop on earnings beat, cloud growth

Todd Bishop /
GeekWire: AWS tops $10B in quarterly operating profits as Jassy cites ‘reacceleration’ of cloud business

Chris Katje /
Benzinga: Amazon Q3 Earnings Highlights: Revenue Beat, EPS Beat, Q4 Guidance, New Kindles ‘Significantly Outperforming Our Expectations’

Britney Nguyen /
Quartz: Amazon beats earnings expectations on strong cloud growth

Lucas Manfredi /
The Wrap: Amazon Ad Sales Rise 19% to $14.3 Billion in Q3

Taylor Soper /
GeekWire: Amazon stock jumps 6%; Q3 revenue up 11% to $158.9B; profits hit $15.3B; AWS sales up 19%

Hamza Shaban /
Yahoo Finance: Amazon Q3 earnings preview: AWS performance in focus as Big Tech goes all in on AI

Erik Gruenwedel /
Media Play News: Amazon Ups Q3 Subscription Revenue 11% to $11.3 Billion

CNN:

Robert Kagan and Danielle Allen, who resigned from WaPo over its decision not to issue a presidential endorsement, join The Atlantic as contributing writers— New York CNN — — Two veteran writers who resigned from The Washington Post over its non-endorsement decision are joining The Atlantic.

Discussion:
The Atlantic, New Republic and Columbia Journalism Review

Discussion:

@scngguild:

— 🚨🚨We've reached a tentative agreement! Our Nov. 2 rally in Santa Ana is canceled and we are lifting our strike deadline for now. We will hold a ratification vote soon. Here are some of the gains we've made:

Discussion:
@scngguild, @mattdpearce@threads.net

Discussion:

@scngguild:
Under the proposal, members will receive no less than a 6% raise over two years. Some members with many years of experience who have been horribly underpaid will see raises of over 48%. The average raise over the next two years is 12%.

@scngguild:
This TA isn't perfect, but we've come a long way since we unionized three years ago. This was only possible through building solidarity, with support from elected officials, @OCLF, @CaliforniaLabor, and our strike fund donors. Members will hear more on next steps soon. Onward! ✊

@scngguild:
The proposal also includes job protections, such as a procedure for layoffs in inverse order of seniority. Seniority will be measured from when we started with our home paper, not when Alden Global Capital purchased us.

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— Foreign reporters on covering the Americanest election imaginable. — Richard Hall — THE INDEPENDENT (UK)

Embedded:

Q&A with Semafor's Max Tani on left-wing criticism claiming media doesn't cover some news, which he attributes to personalized feeds and passive consumption— Semafor's Max Tani on a common Twitter gripe — Embedded is your essential guide to what's good on the internet, written by Kate Lindsay and edited by Nick Catucci.

Discussion:
@semaforcomms

New York Times:

Media Matters: from May to August 2024, the top 30 conservative YouTube channels posted 286 videos containing US election misinformation, racking up 47M+ views— In June 2023, YouTube decided to stop fighting the most persistent strain of election misinformation in the United States …

Discussion:

Jason Campbell /
Media Matters for America: Media Matters weekly newsletter, November 1

Ben Shapiro /
@benshapiro:

Elon Musk /
@elonmusk: The New York Times is pure propaganda @therabbithole84: This article is effectively trying to strongarm YouTube into censoring voices that the New York Times disapproves of. Shameful behavior from a newspaper. [image]

Luke Zaleski /
@zaleskiluke: the world's richest man has taken possession of a global social media platform used by the world's journalists, scientists, governments, private citizens, businesses, religions, militaries and health/emergency services to share all vital information—It's going as you might expect

Elon Musk /
@elonmusk: “Media Matters” is evil incarnate

Glenn Greenwald /
@ggreenwald: This is how the NYT and media outlets have long been the US's leading censorship activists. If any Big Tech platform doesn't censor who the NYT wants, they call them and say: “we're going to write an article on how you're platforming these bad people.” Then they publish it:

Gabe Kaminsky /
@gekaminsky: Days ahead of the 2024 election, David Brock's Media Matters used NYT as a vehicle to pressure YouTube to de platform right-wing voices — but YouTube didn't cave: NYT: https://archive.is/jQv4v [image]

Ben Shapiro /
@benshapiro: @zerohedge: In which we read the following pearl: “While Media Matters is a partisan organization that regularly criticizes conservatives, reporters and academics frequently cite it as a source on YouTube misinformation because it devotes significant resources to tracking the vast platform”

Nico Grant /
@nicoagrant: YouTube once removed 2020 misinformation, fearing real-world harm. Now it's amplifying and profiting from 2024 falsehoods. https://www.nytimes.com/...

Glenn Greenwald /
@ggreenwald: That the NYT and its “tech reporter” @nicoagrant are outright admitting they're pressuring Big Tech to censor based on a report from **Media Matters** — a partisan group founded by DNC scumbag David Brock to pressure media to write more favorably about Dems — shocks even me.

Linda Yaccarino /
@lindayax: We are not afraid of Media Matters. We are not afraid of The NY Times. And they shouldn't be afraid of an informed group of citizens who are dedicated to preserving freedom of speech. Yet THEY seem to be? https://www.nytimes.com/... @autismcapital: 🚨NEW: The New York Times conservative hit piece just dropped. The NYT and Media Matters attempt to pressure Google (YouTube) to remove 30 voices: Rudy Giuliani, Tucker Carlson, Ben Shapiro, Kash Patel, Benny Johnson, Mike Davis, Ted Cruz, RFK Jr., and more. Media Matters [image]

Ed Driscoll /
Instapundit: BEN SHAPIRO: NY Times, Media Matters Pressuring ‘YouTube to Demonetize and Penalize’ Conservatives. …

Bloomberg:

OpenAI unveils ChatGPT Search to let users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google— The new option will let the chatbot's users search for timely information much as they would on the web.

Discussion:
ResearchBuzz, MEDIANAMA, Shelly Palmer, Reuters, YourStory.com, The Independent, Financial Times, Türkiye Today, Platformer, The Verge, Kevin Foo on LinkedIn, MediaPost, Digital Trends, Adweek, Gizmodo, 9to5Mac, MarTech, Eric Herbel on LinkedIn, BGR, VentureBeat, Forbes, Ars Technica, 9to5Google, GeekWire, Quartz, The Information, Search Engine Land, Fast Company, TechCrunch and Wired, more at Techmeme »

Discussion:
ResearchBuzz: Capital Punishment, Scotland History, ChatGPT Search, More: Friday ResearchBuzz, November 1, 2024

Simone Lobo /
MEDIANAMA: OpenAI Adds Web Search to ChatGPT for Real-Time Answers

Juby Babu /
Reuters: OpenAI adds new search function to ChatGPT

Trisha Medhi /
YourStory.com: OpenAI takes on Google, releases ChatGPT search engine

Martyn Landi /
The Independent: OpenAI adds smarter web search function to ChatGPT

Richard Waters /
Financial Times: Google is winning the AI search wars

Casey Newton /
Platformer: OpenAI adds search

Kylie Robison /
The Verge: OpenAI's search engine is now live in ChatGPT

Kevin Foo /
Kevin Foo on LinkedIn: 🚀 New Feature Alert: ChatGPT Search is Live! — Starting today, OpenAI's ChatGPT introduces ChatGPT Search - a powerful tool that lets users get timely …

Laurie Sullivan /
MediaPost: OpenAI Turns On SearchGPT After Microsoft Allowed Investments To Impact Profits

Andrew Tarantola /
Digital Trends: ChatGPT Search is here to battle both Google and Perplexity

Trishla Ostwal /
Adweek: OpenAI's ChatGPT Search Goes Live, Taking On Google and Perplexity

Lucas Ropek /
Gizmodo: OpenAI Takes on Google With New ChatGPT Search

Ryan Christoffel /
9to5Mac: ChatGPT search is officially here, this is what it can do

Eric Herbel /
Eric Herbel on LinkedIn: As ChatGPT pushes forward into real-time search results, this will be such an interesting space to watch. …

Jacob Siegal /
BGR: OpenAI's ChatGPT search engine is now live to take on Google

Michael Nuñez /
VentureBeat: Google just gave its AI access to Search, hours before OpenAI launched ChatGPT Search

Ty Roush /
Forbes: OpenAI Launches AI-Powered Search Engine That Could Challenge Google—Here's What To Know

Todd Bishop /
GeekWire: OpenAI's ChatGPT search engine challenges Google and Microsoft, and further upends the web

Britney Nguyen /
Quartz: OpenAI launches its search engine to compete with Google

Stephanie Palazzolo /
The Information: OpenAI's ChatGPT Adds Search Features in Challenge to Google

Danny Goodwin /
Search Engine Land: ChatGPT search officially launches

Mark Sullivan /
Fast Company: ChatGPT's new web search function puts the web ecosystem (and Google) on notice

Kyle Wiggers /
TechCrunch: OpenAI launches its Google challenger, ChatGPT Search

Reece Rogers /
Wired: ChatGPT's AI Search Tool Is Now Available

RELATED:
Washington Post: OpenAI says ChatGPT Search draws on articles from the WSJ and others it has deals with, and will direct election-related queries to sources like AP and Reuters

Discussion:
@corybe@threads.net, @kylie.robison@threads.net, NPR, CNBC, CNET, Yahoo Finance, Android Authority, VentureBeat, Engadget, Fast Company, DNyuz, Financial Times and Android Authority

Discussion:

Cory Bergman /
@corybe@threads.net: Really impressive out of the gate.

Kylie Robison /
@kylie.robison@threads.net: i have to give credit where credit is due. im using chatgpt (with web access) for research in a reporting project and it has sort of blown me away. its really, actually useful

Ayana Archie /
NPR: OpenAI is rolling out a web search feature for ChatGPT

Imad Khan /
CNET: Look Out, Google. ChatGPT Search Is Here

Daniel Howley /
Yahoo Finance: OpenAI launches ChatGPT search in direct challenge to Google's search empire

Ryan McNeal /
Android Authority: ChatGPT takes on Google Search directly by launching rival search engine

Will Shanklin /
Engadget: ChatGPT Search will do the legwork for you

Mark Sullivan /
Fast Company: OpenAI launches web search in ChatGPT

Cristina Criddle /

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